Van Bunder: 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.
What changed
Van Bunder
NACE 47.551, Retail sale of household furniture
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€19,015
2024 · €30,400-€11,385
Equity
€190,232
2024 · €171,218+€19,015
Cash
€10,431
2024 · €13,273-€2,842
Balance sheet total
€646,537
2024 · €725,247-€78,710
Largest movements
Assets
- Receivables within one year -€83,463
down €83,463 (-56.6%), from €147,354 to €63,890
of which Trade receivables: -€83,855
Equity and liabilities
- Trade debts -€66,739
down €66,739 (-40.2%), from €166,219 to €99,479
- Debts after one year -€30,633
down €30,633 (-9.3%), from €330,973 to €300,340
- Reserves +€19,015
up €19,015 (+12.5%), from €152,618 to €171,632
- Tax, wage and social debts -€7,544
down €7,544 (-38.4%), from €19,623 to €12,079
of which Taxes: -€9,407
Income statement
- Gross operating margin -€11,067
down €11,067 (-15.4%), from €72,050 to €60,982
- Taxes -€1,001
down €1,001 (-12.4%), from €8,085 to €7,084
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.
Result 2024
€30,400
Gross operating margin
-€11,067
Depreciation
-€270
Other operating charges
-€484
Other operating items
-€450
Financial income
-€0
Financial charges
-€115
Taxes
+€1,001
Result 2025
€19,015
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.
From operations
+€56,287
Investment
-€30,600
Financing
-€28,529
Cash 2024
€13,273
From operations (derived)
+€56,287
Net result for the year
+€19,015
Depreciation
+€23,784
Receivables within one year
+€83,463
Deferred charges and accrued income
-€779
Trade debts
-€66,739
Tax, wage and social debts
-€7,544
Other debts
+€4,914
Accrued charges and deferred income
+€173
Investment (derived)
-€30,600
Investment in fixed assets (net)
-€30,600
Financing
-€28,529
Debts after one year
-€30,633
Current portion of long-term debt
+€2,104
Cash 2025
€10,431
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €725,247 | €646,537 | -€78,710 | -10.9% |
| Fixed assets | 21/28 | €564,444 | €571,261 | +€6,816 | +1.2% |
| Tangible fixed assets | 22/27 | €560,944 | €567,761 | +€6,816 | +1.2% |
| Land and buildings | 22 | €528,312 | €543,116 | +€14,804 | +2.8% |
| Plant, machinery and equipment | 23 | €10,858 | €9,850 | -€1,008 | -9.3% |
| Furniture and vehicles | 24 | €21,774 | €14,794 | -€6,980 | -32.1% |
| Financial fixed assets | 28 | €3,500 | €3,500 | = | 0.0% |
| Current assets | 29/58 | €160,802 | €75,276 | -€85,526 | -53.2% |
| Amounts receivable within one year | 40/41 | €147,354 | €63,890 | -€83,463 | -56.6% |
| Trade receivables | 40 | €144,587 | €60,732 | -€83,855 | -58.0% |
| Other amounts receivable | 41 | €2,766 | €3,158 | +€392 | +14.2% |
| Cash at bank and in hand | 54/58 | €13,273 | €10,431 | -€2,842 | -21.4% |
| Deferred charges and accrued income | 490/1 | €176 | €955 | +€779 | +443.3% |
| Total equity and liabilities | 10/49 | €725,247 | €646,537 | -€78,710 | -10.9% |
| Equity | 10/15 | €171,218 | €190,232 | +€19,015 | +11.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €152,618 | €171,632 | +€19,015 | +12.5% |
| Distributable reserves | 133 | €152,618 | €171,632 | +€19,015 | +12.5% |
| Amounts payable | 17/49 | €554,029 | €456,304 | -€97,725 | -17.6% |
| Amounts payable after more than one year | 17 | €330,973 | €300,340 | -€30,633 | -9.3% |
| Financial debts | 170/4 | €330,973 | €300,340 | -€30,633 | -9.3% |
| Amounts payable within one year | 42/48 | €222,643 | €155,379 | -€67,264 | -30.2% |
| Current portion of amounts payable after more than one year | 42 | €31,029 | €33,133 | +€2,104 | +6.8% |
| Trade debts | 44 | €166,219 | €99,479 | -€66,739 | -40.2% |
| Suppliers | 440/4 | €166,219 | €99,479 | -€66,739 | -40.2% |
| Taxes, remuneration and social security | 45 | €19,623 | €12,079 | -€7,544 | -38.4% |
| Taxes | 450/3 | €19,491 | €10,084 | -€9,407 | -48.3% |
| Remuneration and social security | 454/9 | €131 | €1,995 | +€1,864 | +1418.6% |
| Other amounts payable | 47/48 | €5,773 | €10,687 | +€4,914 | +85.1% |
| Accrued charges and deferred income | 492/3 | €412 | €585 | +€173 | +42.0% |
| Non-recurring operating income | 76A | - | €4,793 | +€4,793 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,514 | €23,784 | +€270 | +1.1% |
| Other operating charges | 640/8 | €983 | €1,467 | +€484 | +49.2% |
| Non-recurring operating charges | 66A | - | €450 | +€450 | |
| Gross operating margin | 9900 | €72,050 | €60,982 | -€11,067 | -15.4% |
| Operating profit (loss) | 9901 | €47,553 | €35,281 | -€12,271 | -25.8% |
| Financial income | 75/76B | €0 | €0 | -€0 | -97.5% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -97.5% |
| Financial charges | 65/66B | €9,068 | €9,183 | +€115 | +1.3% |
| Recurring financial charges | 65 | €9,068 | €9,183 | +€115 | +1.3% |
| Profit (loss) for the period before taxes | 9903 | €38,485 | €26,098 | -€12,386 | -32.2% |
| Income taxes | 67/77 | €8,085 | €7,084 | -€1,001 | -12.4% |
| Profit (loss) for the period | 9904 | €30,400 | €19,015 | -€11,385 | -37.5% |
| Profit (loss) for the period to be appropriated | 9905 | €30,400 | €19,015 | -€11,385 | -37.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.