Van Compernolle: 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.
Van Compernolle
Largest movements
- Tangible fixed assets +€61,199
up €61,199 (+385.3%), from €15,883 to €77,082
of which Leasing and similar rights: +€74,271
- Stocks and contracts -€42,874
down €42,874 (-17.8%), from €241,208 to €198,334
- Receivables within one year -€6,261
down €6,261 (-8.4%), from €74,175 to €67,915
of which Other amounts receivable: -€10,468
- Debts after one year +€58,404
new in 2025: €58,404
- Trade debts -€32,846
down €32,846 (-25.6%), from €128,394 to €95,548
- Current portion of long-term debt +€14,401
new in 2025: €14,401
- Other debts -€13,388
down €13,388 (-11.6%), from €115,664 to €102,277
- Short-term financial debts -€12,799
down €12,799 (-26.9%), from €47,545 to €34,746
- Gross operating margin -€12,808
down €12,808 (-14.6%), from €87,708 to €74,900
- Depreciation -€4,920
down €4,920 (-47.0%), from €10,471 to €5,551
- Staff costs -€4,044
down €4,044 (-6.6%), from €60,969 to €56,925
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 | €335,176 | €347,187 | +€12,012 | +3.6% |
| Fixed assets | 21/28 | €15,883 | €77,082 | +€61,199 | +385.3% |
| Tangible fixed assets | 22/27 | €15,883 | €77,082 | +€61,199 | +385.3% |
| Plant, machinery and equipment | 23 | €1,062 | €382 | -€680 | -64.0% |
| Furniture and vehicles | 24 | €14,822 | €2,429 | -€12,392 | -83.6% |
| Leasing and similar rights | 25 | - | €74,271 | +€74,271 | |
| Current assets | 29/58 | €319,292 | €270,105 | -€49,187 | -15.4% |
| Stocks and contracts in progress | 3 | €241,208 | €198,334 | -€42,874 | -17.8% |
| Stocks | 30/36 | €241,208 | €198,334 | -€42,874 | -17.8% |
| Amounts receivable within one year | 40/41 | €74,175 | €67,915 | -€6,261 | -8.4% |
| Trade receivables | 40 | €58,508 | €62,716 | +€4,208 | +7.2% |
| Other amounts receivable | 41 | €15,667 | €5,199 | -€10,468 | -66.8% |
| Cash at bank and in hand | 54/58 | €3,625 | €3,349 | -€276 | -7.6% |
| Deferred charges and accrued income | 490/1 | €285 | €508 | +€223 | +78.4% |
| Total equity and liabilities | 10/49 | €335,176 | €347,187 | +€12,012 | +3.6% |
| Equity | 10/15 | €22,079 | €27,940 | +€5,861 | +26.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,674 | €7,535 | +€5,861 | +350.1% |
| Amounts payable | 17/49 | €313,097 | €319,247 | +€6,151 | +2.0% |
| Amounts payable after more than one year | 17 | - | €58,404 | +€58,404 | |
| Financial debts | 170/4 | - | €58,404 | +€58,404 | |
| Amounts payable within one year | 42/48 | €313,097 | €260,843 | -€52,253 | -16.7% |
| Current portion of amounts payable after more than one year | 42 | - | €14,401 | +€14,401 | |
| Financial debts | 43 | €47,545 | €34,746 | -€12,799 | -26.9% |
| Credit institutions | 430/8 | €47,545 | €34,746 | -€12,799 | -26.9% |
| Trade debts | 44 | €128,394 | €95,548 | -€32,846 | -25.6% |
| Suppliers | 440/4 | €128,394 | €95,548 | -€32,846 | -25.6% |
| Advances received on contracts in progress | 46 | - | €524 | +€524 | |
| Taxes, remuneration and social security | 45 | €21,493 | €13,348 | -€8,145 | -37.9% |
| Taxes | 450/3 | €9,918 | €2,807 | -€7,111 | -71.7% |
| Remuneration and social security | 454/9 | €11,575 | €10,541 | -€1,034 | -8.9% |
| Other amounts payable | 47/48 | €115,664 | €102,277 | -€13,388 | -11.6% |
| Non-recurring operating income | 76A | - | €11,707 | +€11,707 | |
| Remuneration, social security and pensions | 62 | €60,969 | €56,925 | -€4,044 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,471 | €5,551 | -€4,920 | -47.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €757 | - | -€757 | |
| Other operating charges | 640/8 | €1,189 | €1,139 | -€50 | -4.2% |
| Gross operating margin | 9900 | €87,708 | €74,900 | -€12,808 | -14.6% |
| Operating profit (loss) | 9901 | €14,322 | €11,285 | -€3,037 | -21.2% |
| Financial income | 75/76B | €2 | €824 | +€823 | +52060.1% |
| Recurring financial income | 75 | €2 | €824 | +€823 | +52060.1% |
| Financial charges | 65/66B | €6,618 | €5,854 | -€764 | -11.6% |
| Recurring financial charges | 65 | €6,618 | €5,854 | -€764 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €7,705 | €6,255 | -€1,450 | -18.8% |
| Income taxes | 67/77 | €467 | €394 | -€73 | -15.6% |
| Profit (loss) for the period | 9904 | €7,238 | €5,861 | -€1,377 | -19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,238 | €5,861 | -€1,377 | -19.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.