VAN BIJLEN THOMAS: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
VAN BIJLEN THOMAS
Largest movements
- Cash +€42,434
up €42,434 (+88.9%), from €47,734 to €90,168
mainly Net result for the year (+€81,308) and Depreciation (+€47,951)
- Receivables within one year +€39,535
up €39,535 (+65.8%), from €60,102 to €99,637
of which Trade receivables: +€33,967
- Tax, wage and social debts +€39,901
up €39,901 (+131.7%), from €30,289 to €70,190
of which Taxes: +€39,901
- Profit (loss) carried forward +€23,308
up €23,308 (+25.9%), from €89,892 to €113,200
- Trade debts +€10,693
up €10,693 (+141.7%), from €7,547 to €18,240
- Short-term financial debts +€9,470
new in 2025: €9,470
- Gross operating margin +€36,125
up €36,125 (+26.4%), from €137,086 to €173,210
- Depreciation +€15,308
up €15,308 (+46.9%), from €32,642 to €47,951
- Taxes +€10,510
up €10,510 (+52.2%), from €20,140 to €30,650
- Other operating charges +€2,860
up €2,860 (+129.5%), from €2,208 to €5,068
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €294,715 | €379,064 | +€84,348 | +28.6% |
| Fixed assets | 21/28 | €186,879 | €189,259 | +€2,379 | +1.3% |
| Tangible fixed assets | 22/27 | €186,839 | €189,259 | +€2,419 | +1.3% |
| Furniture and vehicles | 24 | €55,488 | €73,991 | +€18,503 | +33.3% |
| Leasing and similar rights | 25 | €131,351 | €115,268 | -€16,084 | -12.2% |
| Financial fixed assets | 28 | €40 | - | -€40 | |
| Current assets | 29/58 | €107,836 | €189,805 | +€81,969 | +76.0% |
| Amounts receivable within one year | 40/41 | €60,102 | €99,637 | +€39,535 | +65.8% |
| Trade receivables | 40 | €60,102 | €94,069 | +€33,967 | +56.5% |
| Other amounts receivable | 41 | - | €5,568 | +€5,568 | |
| Cash at bank and in hand | 54/58 | €47,734 | €90,168 | +€42,434 | +88.9% |
| Total equity and liabilities | 10/49 | €294,715 | €379,064 | +€84,348 | +28.6% |
| Equity | 10/15 | €150,352 | €173,660 | +€23,308 | +15.5% |
| Contributions | 10/11 | €58,600 | €58,600 | = | 0.0% |
| Outside capital | 11 | €58,600 | €58,600 | = | 0.0% |
| Other | 1109/19 | €58,600 | €58,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,892 | €113,200 | +€23,308 | +25.9% |
| Amounts payable | 17/49 | €144,363 | €205,403 | +€61,040 | +42.3% |
| Amounts payable after more than one year | 17 | €80,277 | €80,775 | +€498 | +0.6% |
| Financial debts | 170/4 | €80,277 | €80,775 | +€498 | +0.6% |
| Amounts payable within one year | 42/48 | €64,086 | €124,628 | +€60,542 | +94.5% |
| Current portion of amounts payable after more than one year | 42 | €23,688 | €24,802 | +€1,114 | +4.7% |
| Financial debts | 43 | - | €9,470 | +€9,470 | |
| Credit institutions | 430/8 | - | €9,470 | +€9,470 | |
| Trade debts | 44 | €7,547 | €18,240 | +€10,693 | +141.7% |
| Suppliers | 440/4 | €7,547 | €18,240 | +€10,693 | +141.7% |
| Taxes, remuneration and social security | 45 | €30,289 | €70,190 | +€39,901 | +131.7% |
| Taxes | 450/3 | €28,289 | €68,190 | +€39,901 | +141.0% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €2,562 | €1,927 | -€635 | -24.8% |
| Remuneration, social security and pensions | 62 | - | €155 | +€155 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,642 | €47,951 | +€15,308 | +46.9% |
| Other operating charges | 640/8 | €2,208 | €5,068 | +€2,860 | +129.5% |
| Gross operating margin | 9900 | €137,086 | €173,210 | +€36,125 | +26.4% |
| Operating profit (loss) | 9901 | €102,235 | €120,037 | +€17,802 | +17.4% |
| Financial charges | 65/66B | €6,721 | €8,079 | +€1,358 | +20.2% |
| Recurring financial charges | 65 | €6,721 | €8,079 | +€1,358 | +20.2% |
| Profit (loss) for the period before taxes | 9903 | €95,514 | €111,958 | +€16,444 | +17.2% |
| Income taxes | 67/77 | €20,140 | €30,650 | +€10,510 | +52.2% |
| Profit (loss) for the period | 9904 | €75,374 | €81,308 | +€5,934 | +7.9% |
| Profit (loss) for the period to be appropriated | 9905 | €75,374 | €81,308 | +€5,934 | +7.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.