VAN CARPELS: 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 CARPELS
Largest movements
- Cash +€10,336
up €10,336 (+479%), from €2,158 to €12,494
mainly Net result for the year (+€11,901) and Depreciation (+€7,260)
- Tangible fixed assets -€7,260
down €7,260 (-4.8%), from €151,220 to €143,960
- Receivables within one year +€3,450
up €3,450 (+75.0%), from €4,600 to €8,050
of which Other amounts receivable: +€2,406
- Debts after one year -€17,596
down €17,596 (-25.5%), from €68,906 to €51,309
- Reserves +€11,901
up €11,901 (+30.3%), from €39,264 to €51,165
- Other debts +€5,111
up €5,111 (+14.2%), from €35,895 to €41,006
- Tax, wage and social debts +€3,655
up €3,655 (+517%), from €707 to €4,362
- Trade debts +€3,111
up €3,111 (+259%), from €1,200 to €4,311
- Gross operating margin +€7,712
up €7,712 (+35.1%), from €21,944 to €29,655
- Taxes +€2,634
up €2,634 (+72.1%), from €3,651 to €6,285
- Other operating charges +€430
up €430 (+18.5%), from €2,320 to €2,750
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 | €169,507 | €175,949 | +€6,442 | +3.8% |
| Fixed assets | 21/28 | €151,220 | €143,960 | -€7,260 | -4.8% |
| Tangible fixed assets | 22/27 | €151,220 | €143,960 | -€7,260 | -4.8% |
| Land and buildings | 22 | €151,220 | €143,960 | -€7,260 | -4.8% |
| Current assets | 29/58 | €18,286 | €31,988 | +€13,702 | +74.9% |
| Stocks and contracts in progress | 3 | €11,413 | €11,413 | = | 0.0% |
| Stocks | 30/36 | €11,413 | €11,413 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,600 | €8,050 | +€3,450 | +75.0% |
| Trade receivables | 40 | €844 | €1,888 | +€1,045 | +124% |
| Other amounts receivable | 41 | €3,756 | €6,162 | +€2,406 | +64.0% |
| Cash at bank and in hand | 54/58 | €2,158 | €12,494 | +€10,336 | +479% |
| Deferred charges and accrued income | 490/1 | €116 | €31 | -€84 | -72.9% |
| Total equity and liabilities | 10/49 | €169,507 | €175,949 | +€6,442 | +3.8% |
| Equity | 10/15 | €45,464 | €57,365 | +€11,901 | +26.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €39,264 | €51,165 | +€11,901 | +30.3% |
| Distributable reserves | 133 | €39,264 | €51,165 | +€11,901 | +30.3% |
| Amounts payable | 17/49 | €124,043 | €118,584 | -€5,459 | -4.4% |
| Amounts payable after more than one year | 17 | €68,906 | €51,309 | -€17,596 | -25.5% |
| Financial debts | 170/4 | €68,906 | €51,309 | -€17,596 | -25.5% |
| Amounts payable within one year | 42/48 | €55,137 | €67,274 | +€12,137 | +22.0% |
| Current portion of amounts payable after more than one year | 42 | €17,335 | €17,596 | +€261 | +1.5% |
| Trade debts | 44 | €1,200 | €4,311 | +€3,111 | +259% |
| Suppliers | 440/4 | €1,200 | €4,311 | +€3,111 | +259% |
| Taxes, remuneration and social security | 45 | €707 | €4,362 | +€3,655 | +517% |
| Taxes | 450/3 | €707 | €4,362 | +€3,655 | +517% |
| Other amounts payable | 47/48 | €35,895 | €41,006 | +€5,111 | +14.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,260 | €7,260 | = | 0.0% |
| Other operating charges | 640/8 | €2,320 | €2,750 | +€430 | +18.5% |
| Gross operating margin | 9900 | €21,944 | €29,655 | +€7,712 | +35.1% |
| Operating profit (loss) | 9901 | €12,363 | €19,645 | +€7,282 | +58.9% |
| Financial charges | 65/66B | €1,643 | €1,460 | -€183 | -11.2% |
| Recurring financial charges | 65 | €1,643 | €1,460 | -€183 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €10,720 | €18,185 | +€7,465 | +69.6% |
| Income taxes | 67/77 | €3,651 | €6,285 | +€2,634 | +72.1% |
| Profit (loss) for the period | 9904 | €7,070 | €11,901 | +€4,831 | +68.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,070 | €11,901 | +€4,831 | +68.3% |
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 17 October 2026 via checked.be.