VAN BOCKSTAL: 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 BOCKSTAL
Largest movements
- Current investments +€9,857
up €9,857 (+8.3%), from €118,511 to €128,368
- Receivables within one year +€9,360
up €9,360 (+272.1%), from €3,440 to €12,800
of which Trade receivables: +€5,250
- Cash +€3,458
up €3,458 (+6.2%), from €56,045 to €59,504
mainly Net result for the year (+€20,791) and Depreciation (+€3,142)
- Tangible fixed assets -€3,142
down €3,142 (-80.2%), from €3,916 to €775
- Deferred charges and accrued income -€2,850
no longer reported in 2025 (was €2,850)
- Profit (loss) carried forward +€11,891
up €11,891, from -€6,847 to €5,044
- Reserves +€8,900
up €8,900 (+8.6%), from €103,014 to €111,914
of which Distributable reserves: +€8,900
- Other debts -€6,196
down €6,196 (-14.5%), from €42,831 to €36,635
- Accrued charges and deferred income +€2,813
up €2,813 (+9.0%), from €31,229 to €34,042
- Gross operating margin -€8,216
down €8,216 (-33.7%), from €24,354 to €16,138
- Other operating charges -€1,215
down €1,215 (-54.0%), from €2,251 to €1,036
- Taxes +€890
new in 2025: €890
- Financial income +€629
up €629 (+5.2%), from €12,126 to €12,755
of which Non-recurring financial income: +€490
- Depreciation -€521
down €521 (-14.2%), from €3,662 to €3,142
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 | €184,763 | €201,447 | +€16,684 | +9.0% |
| Fixed assets | 21/28 | €3,916 | €775 | -€3,142 | -80.2% |
| Tangible fixed assets | 22/27 | €3,916 | €775 | -€3,142 | -80.2% |
| Furniture and vehicles | 24 | €3,916 | €775 | -€3,142 | -80.2% |
| Current assets | 29/58 | €180,847 | €200,672 | +€19,825 | +11.0% |
| Amounts receivable within one year | 40/41 | €3,440 | €12,800 | +€9,360 | +272.1% |
| Trade receivables | 40 | €3,440 | €8,690 | +€5,250 | +152.6% |
| Other amounts receivable | 41 | - | €4,110 | +€4,110 | |
| Current investments | 50/53 | €118,511 | €128,368 | +€9,857 | +8.3% |
| Cash at bank and in hand | 54/58 | €56,045 | €59,504 | +€3,458 | +6.2% |
| Deferred charges and accrued income | 490/1 | €2,850 | - | -€2,850 | |
| Total equity and liabilities | 10/49 | €184,763 | €201,447 | +€16,684 | +9.0% |
| Equity | 10/15 | €108,567 | €129,358 | +€20,791 | +19.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €103,014 | €111,914 | +€8,900 | +8.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €101,154 | €110,054 | +€8,900 | +8.8% |
| Profit (loss) carried forward | 14 | -€6,847 | €5,044 | +€11,891 | |
| Amounts payable | 17/49 | €76,196 | €72,088 | -€4,108 | -5.4% |
| Amounts payable within one year | 42/48 | €44,967 | €38,046 | -€6,921 | -15.4% |
| Trade debts | 44 | €1,111 | €1,185 | +€74 | +6.6% |
| Suppliers | 440/4 | €1,111 | €1,185 | +€74 | +6.6% |
| Taxes, remuneration and social security | 45 | €1,024 | €226 | -€798 | -77.9% |
| Taxes | 450/3 | €1,024 | €226 | -€798 | -77.9% |
| Other amounts payable | 47/48 | €42,831 | €36,635 | -€6,196 | -14.5% |
| Accrued charges and deferred income | 492/3 | €31,229 | €34,042 | +€2,813 | +9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,662 | €3,142 | -€521 | -14.2% |
| Other operating charges | 640/8 | €2,251 | €1,036 | -€1,215 | -54.0% |
| Gross operating margin | 9900 | €24,354 | €16,138 | -€8,216 | -33.7% |
| Operating profit (loss) | 9901 | €18,441 | €11,961 | -€6,480 | -35.1% |
| Financial income | 75/76B | €12,126 | €12,755 | +€629 | +5.2% |
| Recurring financial income | 75 | €2,759 | €2,898 | +€139 | +5.0% |
| Non-recurring financial income | 76B | €9,367 | €9,857 | +€490 | +5.2% |
| Financial charges | 65/66B | €3,138 | €3,034 | -€103 | -3.3% |
| Recurring financial charges | 65 | €3,138 | €3,034 | -€103 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €27,429 | €21,681 | -€5,748 | -21.0% |
| Income taxes | 67/77 | - | €890 | +€890 | |
| Profit (loss) for the period | 9904 | €27,429 | €20,791 | -€6,638 | -24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €27,429 | €20,791 | -€6,638 | -24.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.