VAN DE KALE: 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 DE KALE
Largest movements
- Tangible fixed assets -€30,900
down €30,900 (-24.3%), from €127,404 to €96,504
of which Leasing and similar rights: -€30,900
- Deferred charges and accrued income -€3,245
no longer reported in 2025 (was €3,245)
- Debts after one year -€26,736
down €26,736 (-46.3%), from €57,696 to €30,960
- Profit (loss) carried forward +€12,531
up €12,531 (+23.7%), from €52,959 to €65,490
- Current portion of long-term debt -€11,732
down €11,732 (-29.9%), from €39,219 to €27,487
- Trade debts -€7,719
down €7,719 (-6.8%), from €113,332 to €105,612
- Tax, wage and social debts -€2,976
down €2,976 (-20.9%), from €14,245 to €11,269
of which Taxes: -€5,323
- Purchases and services -€112,483
no longer reported in 2025 (was €112,483)
- Gross operating margin +€66,533
up €66,533 (+220.8%), from €30,138 to €96,672
- Staff costs +€39,104
up €39,104 (+682.9%), from €5,726 to €44,830
- Financial charges +€11,491
up €11,491 (+194.2%), from €5,916 to €17,407
- Financial income +€6,799
up €6,799 (+67985900.0%), from €0 to €6,799
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 | €296,463 | €259,818 | -€36,644 | -12.4% |
| Fixed assets | 21/28 | €127,404 | €96,504 | -€30,900 | -24.3% |
| Tangible fixed assets | 22/27 | €127,404 | €96,504 | -€30,900 | -24.3% |
| Furniture and vehicles | 24 | €47,504 | €47,504 | = | 0.0% |
| Leasing and similar rights | 25 | €79,900 | €49,000 | -€30,900 | -38.7% |
| Current assets | 29/58 | €169,059 | €163,314 | -€5,744 | -3.4% |
| Amounts receivable within one year | 40/41 | €165,695 | €163,119 | -€2,575 | -1.6% |
| Trade receivables | 40 | €100,687 | €91,719 | -€8,968 | -8.9% |
| Other amounts receivable | 41 | €65,008 | €71,400 | +€6,393 | +9.8% |
| Cash at bank and in hand | 54/58 | €119 | €195 | +€76 | +63.9% |
| Deferred charges and accrued income | 490/1 | €3,245 | - | -€3,245 | |
| Total equity and liabilities | 10/49 | €296,463 | €259,818 | -€36,644 | -12.4% |
| Equity | 10/15 | €53,959 | €66,490 | +€12,531 | +23.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,959 | €65,490 | +€12,531 | +23.7% |
| Amounts payable | 17/49 | €242,504 | €193,328 | -€49,175 | -20.3% |
| Amounts payable after more than one year | 17 | €57,696 | €30,960 | -€26,736 | -46.3% |
| Financial debts | 170/4 | €57,696 | €30,960 | -€26,736 | -46.3% |
| Amounts payable within one year | 42/48 | €184,807 | €162,369 | -€22,439 | -12.1% |
| Current portion of amounts payable after more than one year | 42 | €39,219 | €27,487 | -€11,732 | -29.9% |
| Financial debts | 43 | €11 | - | -€11 | |
| Credit institutions | 430/8 | €11 | - | -€11 | |
| Trade debts | 44 | €113,332 | €105,612 | -€7,719 | -6.8% |
| Suppliers | 440/4 | €113,332 | €105,612 | -€7,719 | -6.8% |
| Taxes, remuneration and social security | 45 | €14,245 | €11,269 | -€2,976 | -20.9% |
| Taxes | 450/3 | €14,245 | €8,922 | -€5,323 | -37.4% |
| Remuneration and social security | 454/9 | - | €2,347 | +€2,347 | |
| Other amounts payable | 47/48 | €18,000 | €18,000 | = | 0.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €112,483 | - | -€112,483 | |
| Remuneration, social security and pensions | 62 | €5,726 | €44,830 | +€39,104 | +682.9% |
| Other operating charges | 640/8 | €3,066 | €3,217 | +€150 | +4.9% |
| Non-recurring operating charges | 66A | - | €21,400 | +€21,400 | |
| Gross operating margin | 9900 | €30,138 | €96,672 | +€66,533 | +220.8% |
| Operating profit (loss) | 9901 | €21,346 | €27,224 | +€5,879 | +27.5% |
| Financial income | 75/76B | €0 | €6,799 | +€6,799 | +67985900.0% |
| Recurring financial income | 75 | €0 | €6,799 | +€6,799 | +67985900.0% |
| Financial charges | 65/66B | €5,916 | €17,407 | +€11,491 | +194.2% |
| Recurring financial charges | 65 | €5,916 | €17,407 | +€11,491 | +194.2% |
| Profit (loss) for the period before taxes | 9903 | €15,429 | €16,616 | +€1,187 | +7.7% |
| Income taxes | 67/77 | €9,140 | €4,085 | -€5,055 | -55.3% |
| Profit (loss) for the period | 9904 | €6,289 | €12,531 | +€6,242 | +99.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,289 | €12,531 | +€6,242 | +99.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.