VAN CAUDENBERG: 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.
What changed
VAN CAUDENBERG
NACE 53.200, Other postal and courier activities
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€382,853
2024 · €278,816+€104,038
Equity
€1.2m
2024 · €866,913+€382,853
Cash
€136,708
2024 · €67,064+€69,645
Balance sheet total
€4.9m
2024 · €5.2m-€284,132
Largest movements
Assets
- Tangible fixed assets -€457,793
down €457,793 (-13.6%), from €3.4m to €2.9m
- Receivables within one year +€186,486
up €186,486 (+11.9%), from €1.6m to €1.7m
of which Other amounts receivable: +€195,244
- Deferred charges and accrued income -€82,470
down €82,470 (-37.0%), from €223,066 to €140,597
- Cash +€69,645
up €69,645 (+103.8%), from €67,064 to €136,708
mainly Depreciation (+€1.2m) and Net result for the year (+€382,853)
Equity and liabilities
- Short-term financial debts -€510,218
down €510,218 (-67.8%), from €752,251 to €242,033
- Profit (loss) carried forward +€382,853
up €382,853 (+55.1%), from €694,207 to €1.1m
- Current portion of long-term debt -€269,538
down €269,538 (-21.9%), from €1.2m to €959,464
- Trade debts +€231,613
up €231,613 (+69.4%), from €333,551 to €565,164
- Debts after one year -€168,703
down €168,703 (-11.0%), from €1.5m to €1.4m
Income statement
- Turnover +€352,070
up €352,070 (+3.7%), from €9.4m to €9.7m
- Other operating income -€220,202
down €220,202 (-76.5%), from €287,839 to €67,637
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
€278,816
Turnover
+€352,070
Other operating income
-€220,202
Services and other goods
-€94,788
Staff costs
-€5,698
Depreciation
-€2,957
Other operating charges
+€8,433
Other operating items
+€58,116
Financial income
-€3,492
Financial charges
+€50,124
Taxes
-€37,567
Result 2025
€382,853
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
+€1.8m
Investment
-€738,714
Financing
-€948,459
Cash 2024
€67,064
From operations (derived)
+€1.8m
Net result for the year
+€382,853
Depreciation
+€1.2m
Receivables within one year
-€186,486
Deferred charges and accrued income
+€82,470
Trade debts
+€231,613
Tax, wage and social debts
+€49,861
Investment (derived)
-€738,714
Investment in fixed assets (net)
-€738,714
Financing
-€948,459
Debts after one year
-€168,703
Current portion of long-term debt
-€269,538
Short-term financial debts
-€510,218
Cash 2025
€136,708
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,218,634 | €4,934,503 | -€284,132 | -5.4% |
| Fixed assets | 21/28 | €3,367,346 | €2,909,553 | -€457,793 | -13.6% |
| Tangible fixed assets | 22/27 | €3,367,346 | €2,909,553 | -€457,793 | -13.6% |
| Land and buildings | 22 | €12,915 | €7,052 | -€5,863 | -45.4% |
| Plant, machinery and equipment | 23 | €4,292 | €3,140 | -€1,153 | -26.9% |
| Furniture and vehicles | 24 | €462,791 | €273,536 | -€189,256 | -40.9% |
| Leasing and similar rights | 25 | €2,847,539 | €2,625,826 | -€221,712 | -7.8% |
| Assets under construction and advance payments | 27 | €39,809 | - | -€39,809 | |
| Current assets | 29/58 | €1,851,288 | €2,024,949 | +€173,661 | +9.4% |
| Amounts receivable within one year | 40/41 | €1,561,158 | €1,747,644 | +€186,486 | +11.9% |
| Trade receivables | 40 | €1,440,708 | €1,431,950 | -€8,758 | -0.6% |
| Other amounts receivable | 41 | €120,450 | €315,693 | +€195,244 | +162.1% |
| Cash at bank and in hand | 54/58 | €67,064 | €136,708 | +€69,645 | +103.8% |
| Deferred charges and accrued income | 490/1 | €223,066 | €140,597 | -€82,470 | -37.0% |
| Total equity and liabilities | 10/49 | €5,218,634 | €4,934,503 | -€284,132 | -5.4% |
| Equity | 10/15 | €866,913 | €1,249,766 | +€382,853 | +44.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €154,114 | €154,114 | = | 0.0% |
| Tax-exempt reserves | 132 | €134,815 | €134,815 | = | 0.0% |
| Distributable reserves | 133 | €19,299 | €19,299 | = | 0.0% |
| Profit (loss) carried forward | 14 | €694,207 | €1,077,060 | +€382,853 | +55.1% |
| Amounts payable | 17/49 | €4,351,722 | €3,684,737 | -€666,985 | -15.3% |
| Amounts payable after more than one year | 17 | €1,527,263 | €1,358,560 | -€168,703 | -11.0% |
| Financial debts | 170/4 | €1,527,263 | €1,358,560 | -€168,703 | -11.0% |
| Leasing and similar obligations | 172 | €1,527,263 | €1,358,560 | -€168,703 | -11.0% |
| Amounts payable within one year | 42/48 | €2,824,459 | €2,326,177 | -€498,282 | -17.6% |
| Current portion of amounts payable after more than one year | 42 | €1,229,002 | €959,464 | -€269,538 | -21.9% |
| Financial debts | 43 | €752,251 | €242,033 | -€510,218 | -67.8% |
| Credit institutions | 430/8 | €752,251 | €242,033 | -€510,218 | -67.8% |
| Trade debts | 44 | €333,551 | €565,164 | +€231,613 | +69.4% |
| Suppliers | 440/4 | €333,551 | €565,164 | +€231,613 | +69.4% |
| Taxes, remuneration and social security | 45 | €509,655 | €559,516 | +€49,861 | +9.8% |
| Taxes | 450/3 | €95,420 | €125,443 | +€30,023 | +31.5% |
| Remuneration and social security | 454/9 | €414,235 | €434,073 | +€19,838 | +4.8% |
| Operating income | 70/76A | €9,715,123 | €9,839,225 | +€124,101 | +1.3% |
| Turnover | 70 | €9,390,860 | €9,742,929 | +€352,070 | +3.7% |
| Other operating income | 74 | €287,839 | €67,637 | -€220,202 | -76.5% |
| Non-recurring operating income | 76A | €36,424 | €28,658 | -€7,766 | -21.3% |
| Operating charges | 60/66A | €9,140,795 | €9,169,923 | +€29,128 | +0.3% |
| Services and other goods | 61 | €4,517,559 | €4,612,347 | +€94,788 | +2.1% |
| Remuneration, social security and pensions | 62 | €3,315,530 | €3,321,228 | +€5,698 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,193,549 | €1,196,506 | +€2,957 | +0.2% |
| Other operating charges | 640/8 | €47,940 | €39,507 | -€8,433 | -17.6% |
| Non-recurring operating charges | 66A | €66,217 | €335 | -€65,882 | -99.5% |
| Operating profit (loss) | 9901 | €574,328 | €669,302 | +€94,973 | +16.5% |
| Financial income | 75/76B | €3,643 | €151 | -€3,492 | -95.9% |
| Recurring financial income | 75 | €3,643 | €151 | -€3,492 | -95.9% |
| Other financial income | 752/9 | €3,643 | €151 | -€3,492 | -95.9% |
| Financial charges | 65/66B | €197,506 | €147,382 | -€50,124 | -25.4% |
| Recurring financial charges | 65 | €197,506 | €147,382 | -€50,124 | -25.4% |
| Debt charges | 650 | €109,010 | €101,548 | -€7,462 | -6.8% |
| Other financial charges | 652/9 | €88,496 | €45,834 | -€42,662 | -48.2% |
| Profit (loss) for the period before taxes | 9903 | €380,466 | €522,071 | +€141,605 | +37.2% |
| Income taxes | 67/77 | €101,650 | €139,217 | +€37,567 | +37.0% |
| Taxes | 670/3 | €155,000 | €150,000 | -€5,000 | -3.2% |
| Tax adjustments and reversals of tax provisions | 77 | €53,350 | €10,783 | -€42,567 | -79.8% |
| Profit (loss) for the period | 9904 | €278,816 | €382,853 | +€104,038 | +37.3% |
| Profit (loss) for the period to be appropriated | 9905 | €278,816 | €382,853 | +€104,038 | +37.3% |
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 10 October 2026 via checked.be.