VAN DALE MARMER: 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 DALE MARMER
Largest movements
- Cash +€11,607
up €11,607 (+43.5%), from €26,664 to €38,271
mainly Short-term financial debts (+€14,764) and Net result for the year (+€11,993)
- Tangible fixed assets -€5,114
down €5,114 (-2.7%), from €192,181 to €187,067
of which Land and buildings: -€6,069
- Debts after one year -€14,764
down €14,764 (-39.5%), from €37,418 to €22,654
- Short-term financial debts +€14,764
new in 2025: €14,764
- Current portion of long-term debt -€14,499
no longer reported in 2025 (was €14,499)
- Reserves +€11,993
up €11,993 (+18.2%), from €65,807 to €77,799
of which Distributable reserves: +€16,827
- Trade debts +€7,805
up €7,805 (+132%), from €5,908 to €13,713
- Gross operating margin +€5,874
up €5,874 (+21.0%), from €27,996 to €33,870
- Taxes +€3,043
up €3,043 (+56.0%), from €5,435 to €8,479
- Staff costs +€1,027
no longer reported in 2025 (was -€1,027)
- Depreciation -€973
down €973 (-8.2%), from €11,923 to €10,950
- Financial charges -€459
down €459 (-30.3%), from €1,515 to €1,056
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 | €278,975 | €284,726 | +€5,752 | +2.1% |
| Fixed assets | 21/28 | €201,481 | €196,367 | -€5,114 | -2.5% |
| Tangible fixed assets | 22/27 | €192,181 | €187,067 | -€5,114 | -2.7% |
| Land and buildings | 22 | €191,595 | €185,526 | -€6,069 | -3.2% |
| Furniture and vehicles | 24 | €587 | €1,542 | +€955 | +163% |
| Financial fixed assets | 28 | €9,300 | €9,300 | = | 0.0% |
| Current assets | 29/58 | €77,493 | €88,359 | +€10,866 | +14.0% |
| Amounts receivable after more than one year | 29 | €9,177 | €9,177 | = | 0.0% |
| Trade receivables | 290 | €9,177 | €9,177 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €41,653 | €40,912 | -€741 | -1.8% |
| Trade receivables | 40 | €3,866 | €3,866 | = | 0.0% |
| Other amounts receivable | 41 | €37,787 | €37,045 | -€741 | -2.0% |
| Cash at bank and in hand | 54/58 | €26,664 | €38,271 | +€11,607 | +43.5% |
| Total equity and liabilities | 10/49 | €278,975 | €284,726 | +€5,752 | +2.1% |
| Equity | 10/15 | €208,716 | €220,708 | +€11,993 | +5.7% |
| Contributions | 10/11 | €12,397 | €12,397 | = | 0.0% |
| Reserves | 13 | €65,807 | €77,799 | +€11,993 | +18.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,567 | €10,732 | -€4,834 | -31.1% |
| Distributable reserves | 133 | €48,380 | €65,207 | +€16,827 | +34.8% |
| Profit (loss) carried forward | 14 | €130,512 | €130,512 | = | 0.0% |
| Provisions and deferred taxes | 16 | €8,016 | €5,526 | -€2,489 | -31.1% |
| Deferred taxes | 168 | €8,016 | €5,526 | -€2,489 | -31.1% |
| Amounts payable | 17/49 | €62,244 | €58,492 | -€3,752 | -6.0% |
| Amounts payable after more than one year | 17 | €37,418 | €22,654 | -€14,764 | -39.5% |
| Financial debts | 170/4 | €37,418 | €22,654 | -€14,764 | -39.5% |
| Amounts payable within one year | 42/48 | €24,826 | €35,838 | +€11,012 | +44.4% |
| Current portion of amounts payable after more than one year | 42 | €14,499 | - | -€14,499 | |
| Financial debts | 43 | - | €14,764 | +€14,764 | |
| Credit institutions | 430/8 | - | €14,764 | +€14,764 | |
| Trade debts | 44 | €5,908 | €13,713 | +€7,805 | +132% |
| Suppliers | 440/4 | €5,908 | €13,713 | +€7,805 | +132% |
| Taxes, remuneration and social security | 45 | €4,419 | €7,361 | +€2,942 | +66.6% |
| Taxes | 450/3 | €4,419 | €7,361 | +€2,942 | +66.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | -€1,027 | - | +€1,027 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,923 | €10,950 | -€973 | -8.2% |
| Other operating charges | 640/8 | €3,919 | €4,050 | +€131 | +3.3% |
| Gross operating margin | 9900 | €27,996 | €33,870 | +€5,874 | +21.0% |
| Operating profit (loss) | 9901 | €13,181 | €18,871 | +€5,690 | +43.2% |
| Financial income | 75/76B | €240 | €167 | -€73 | -30.5% |
| Recurring financial income | 75 | €240 | €167 | -€73 | -30.5% |
| Financial charges | 65/66B | €1,515 | €1,056 | -€459 | -30.3% |
| Recurring financial charges | 65 | €1,515 | €1,056 | -€459 | -30.3% |
| Profit (loss) for the period before taxes | 9903 | €11,907 | €17,982 | +€6,075 | +51.0% |
| Transfer from deferred taxes | 780 | €2,489 | €2,489 | = | 0.0% |
| Income taxes | 67/77 | €5,435 | €8,479 | +€3,043 | +56.0% |
| Profit (loss) for the period | 9904 | €8,961 | €11,993 | +€3,032 | +33.8% |
| Transfer from tax-exempt reserves | 789 | €4,834 | €4,834 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,795 | €16,827 | +€3,032 | +22.0% |
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 30 October 2026 via checked.be.