Van Cauteren: 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 Cauteren
Largest movements
- Receivables within one year +€31,500
up €31,500 (+205%), from €15,343 to €46,843
- Cash +€4,969
up €4,969 (+64.8%), from €7,663 to €12,632
mainly Net result for the year (+€60,005) and Other debts (+€16,307)
- Reserves +€44,780
up €44,780 (+19.4%), from €230,411 to €275,191
- Debts after one year -€26,654
down €26,654 (-19.0%), from €140,616 to €113,962
- Other debts +€16,307
up €16,307 (+2,392%), from €682 to €16,989
- Financial income +€39,000
up €39,000 (+21,667%), from €180 to €39,180
- Gross operating margin -€5,339
down €5,339 (-11.2%), from €47,727 to €42,387
- Taxes +€1,669
up €1,669 (+11.1%), from €15,030 to €16,699
- Financial charges -€677
down €677 (-13.7%), from €4,931 to €4,254
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 | €409,583 | €446,004 | +€36,420 | +8.9% |
| Fixed assets | 21/28 | €363,800 | €363,800 | = | 0.0% |
| Financial fixed assets | 28 | €363,800 | €363,800 | = | 0.0% |
| Current assets | 29/58 | €45,783 | €82,204 | +€36,420 | +79.5% |
| Amounts receivable after more than one year | 29 | €12,000 | €12,000 | = | 0.0% |
| Other amounts receivable | 291 | €12,000 | €12,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €15,343 | €46,843 | +€31,500 | +205% |
| Other amounts receivable | 41 | €15,343 | €46,843 | +€31,500 | +205% |
| Cash at bank and in hand | 54/58 | €7,663 | €12,632 | +€4,969 | +64.8% |
| Deferred charges and accrued income | 490/1 | €10,778 | €10,729 | -€49 | -0.5% |
| Total equity and liabilities | 10/49 | €409,583 | €446,004 | +€36,420 | +8.9% |
| Equity | 10/15 | €231,411 | €276,191 | +€44,780 | +19.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €230,411 | €275,191 | +€44,780 | +19.4% |
| Distributable reserves | 133 | €230,411 | €275,191 | +€44,780 | +19.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €178,172 | €169,813 | -€8,359 | -4.7% |
| Amounts payable after more than one year | 17 | €140,616 | €113,962 | -€26,654 | -19.0% |
| Financial debts | 170/4 | €140,616 | €113,962 | -€26,654 | -19.0% |
| Amounts payable within one year | 42/48 | €36,893 | €55,236 | +€18,343 | +49.7% |
| Current portion of amounts payable after more than one year | 42 | €28,090 | €28,844 | +€753 | +2.7% |
| Trade debts | 44 | €857 | €369 | -€488 | -56.9% |
| Suppliers | 440/4 | €857 | €369 | -€488 | -56.9% |
| Taxes, remuneration and social security | 45 | €7,264 | €9,034 | +€1,770 | +24.4% |
| Taxes | 450/3 | €7,264 | €9,034 | +€1,770 | +24.4% |
| Other amounts payable | 47/48 | €682 | €16,989 | +€16,307 | +2,392% |
| Accrued charges and deferred income | 492/3 | €663 | €615 | -€48 | -7.3% |
| Other operating charges | 640/8 | €525 | €610 | +€85 | +16.2% |
| Gross operating margin | 9900 | €47,727 | €42,387 | -€5,339 | -11.2% |
| Operating profit (loss) | 9901 | €47,202 | €41,777 | -€5,424 | -11.5% |
| Financial income | 75/76B | €180 | €39,180 | +€39,000 | +21,667% |
| Recurring financial income | 75 | €180 | €39,180 | +€39,000 | +21,667% |
| Financial charges | 65/66B | €4,931 | €4,254 | -€677 | -13.7% |
| Recurring financial charges | 65 | €4,931 | €4,254 | -€677 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | €42,451 | €76,704 | +€34,253 | +80.7% |
| Income taxes | 67/77 | €15,030 | €16,699 | +€1,669 | +11.1% |
| Profit (loss) for the period | 9904 | €27,421 | €60,005 | +€32,584 | +119% |
| Profit (loss) for the period to be appropriated | 9905 | €27,421 | €60,005 | +€32,584 | +119% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.