van Bijsterveldt: what changed
Two financial 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 Bijsterveldt
Largest movements
- Tangible fixed assets -€3.2m
down €3.2m (-61.6%), from €5.1m to €2.0m
of which Land and buildings: -€2.0m
- Cash +€305,713
up €305,713 (+29.3%), from €1.0m to €1.3m
mainly Investment in fixed assets (net) (+€2.8m) and Net result for the year (+€596,747)
- Stocks and contracts +€283,750
up €283,750 (+161%), from €176,250 to €460,000
- Debts after one year -€2.4m
down €2.4m (-71.7%), from €3.4m to €956,412
- Current portion of long-term debt -€283,550
down €283,550 (-54.1%), from €523,982 to €240,432
- Other debts -€110,854
down €110,854 (-54.1%), from €204,796 to €93,943
- Trade debts +€105,346
up €105,346 (+19.4%), from €542,840 to €648,186
- Tax, wage and social debts +€104,338
up €104,338 (+47.3%), from €220,407 to €324,745
of which Taxes: +€101,423
- Gross operating margin -€475,804
down €475,804 (-25.5%), from €1.9m to €1.4m
- Depreciation -€313,475
down €313,475 (-44.0%), from €712,687 to €399,212
- Other operating charges -€125,206
down €125,206 (-80.5%), from €155,446 to €30,241
- Financial charges -€77,134
down €77,134 (-65.5%), from €117,829 to €40,695
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.
Derived cash bridge
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 | €7,202,757 | €4,575,455 | -€2.6m | -36.5% |
| Fixed assets | 21/28 | €5,150,773 | €1,980,662 | -€3.2m | -61.5% |
| Intangible fixed assets | 21 | €8,048 | €4,024 | -€4,024 | -50.0% |
| Tangible fixed assets | 22/27 | €5,142,725 | €1,976,639 | -€3.2m | -61.6% |
| Land and buildings | 22 | €3,338,901 | €1,358,770 | -€2.0m | -59.3% |
| Plant, machinery and equipment | 23 | €1,763,006 | €583,928 | -€1.2m | -66.9% |
| Furniture and vehicles | 24 | €40,818 | €33,940 | -€6,878 | -16.9% |
| Current assets | 29/58 | €2,051,984 | €2,594,793 | +€542,809 | +26.5% |
| Stocks and contracts in progress | 3 | €176,250 | €460,000 | +€283,750 | +161% |
| Stocks | 30/36 | €176,250 | €460,000 | +€283,750 | +161% |
| Amounts receivable within one year | 40/41 | €813,774 | €771,715 | -€42,059 | -5.2% |
| Trade receivables | 40 | €283,194 | €247,155 | -€36,039 | -12.7% |
| Other amounts receivable | 41 | €530,580 | €524,560 | -€6,020 | -1.1% |
| Cash at bank and in hand | 54/58 | €1,043,578 | €1,349,291 | +€305,713 | +29.3% |
| Deferred charges and accrued income | 490/1 | €18,382 | €13,787 | -€4,595 | -25.0% |
| Total equity and liabilities | 10/49 | €7,202,757 | €4,575,455 | -€2.6m | -36.5% |
| Equity | 10/15 | €2,335,204 | €2,311,738 | -€23,466 | -1.0% |
| Contributions | 10/11 | €380,000 | €279,075 | -€100,925 | -26.6% |
| Reserves | 13 | €1,955,204 | €2,032,663 | +€77,459 | +4.0% |
| Distributable reserves | 133 | €1,955,204 | €2,032,663 | +€77,459 | +4.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €4,867,553 | €2,263,717 | -€2.6m | -53.5% |
| Amounts payable after more than one year | 17 | €3,375,528 | €956,412 | -€2.4m | -71.7% |
| Financial debts | 170/4 | €3,375,528 | €956,412 | -€2.4m | -71.7% |
| Amounts payable within one year | 42/48 | €1,492,025 | €1,307,306 | -€184,719 | -12.4% |
| Current portion of amounts payable after more than one year | 42 | €523,982 | €240,432 | -€283,550 | -54.1% |
| Trade debts | 44 | €542,840 | €648,186 | +€105,346 | +19.4% |
| Suppliers | 440/4 | €542,840 | €648,186 | +€105,346 | +19.4% |
| Taxes, remuneration and social security | 45 | €220,407 | €324,745 | +€104,338 | +47.3% |
| Taxes | 450/3 | €213,921 | €315,343 | +€101,423 | +47.4% |
| Remuneration and social security | 454/9 | €6,487 | €9,402 | +€2,915 | +44.9% |
| Other amounts payable | 47/48 | €204,796 | €93,943 | -€110,854 | -54.1% |
| Non-recurring operating income | 76A | €1,484 | €7,438 | +€5,954 | +401% |
| Remuneration, social security and pensions | 62 | €48,046 | €58,955 | +€10,909 | +22.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €712,687 | €399,212 | -€313,475 | -44.0% |
| Other operating charges | 640/8 | €155,446 | €30,241 | -€125,206 | -80.5% |
| Gross operating margin | 9900 | €1,864,570 | €1,388,766 | -€475,804 | -25.5% |
| Operating profit (loss) | 9901 | €948,390 | €900,358 | -€48,032 | -5.1% |
| Financial income | 75/76B | €15,756 | €17,935 | +€2,179 | +13.8% |
| Recurring financial income | 75 | €15,756 | €17,935 | +€2,179 | +13.8% |
| Financial charges | 65/66B | €117,829 | €40,695 | -€77,134 | -65.5% |
| Recurring financial charges | 65 | €117,829 | €40,695 | -€77,134 | -65.5% |
| Profit (loss) for the period before taxes | 9903 | €846,318 | €877,598 | +€31,280 | +3.7% |
| Income taxes | 67/77 | €280,259 | €280,851 | +€592 | +0.2% |
| Profit (loss) for the period | 9904 | €566,058 | €596,747 | +€30,688 | +5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €566,058 | €596,747 | +€30,688 | +5.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.