Van de Maele Eddy: 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 de Maele Eddy
Largest movements
- Stocks and contracts -€3,866
down €3,866 (-59.9%), from €6,451 to €2,584
- Tangible fixed assets -€3,328
down €3,328 (-24.5%), from €13,590 to €10,262
- Receivables within one year -€3,325
down €3,325 (-33.5%), from €9,935 to €6,611
of which Trade receivables: -€4,010
- Intangible fixed assets -€1,872
down €1,872 (-100%), from €1,872 to €0
- Cash -€662
down €662 (-8.0%), from €8,294 to €7,633
mainly Other debts (-€9,505) and Net result for the year (-€2,838)
- Other debts -€9,505
down €9,505 (-80.5%), from €11,807 to €2,302
- Reserves -€2,838
down €2,838 (-12.7%), from €22,351 to €19,514
- Tax, wage and social debts -€777
down €777 (-88.6%), from €877 to €100
- Gross operating margin -€9,884
down €9,884 (-75.4%), from €13,100 to €3,216
- Depreciation -€4,452
down €4,452 (-46.1%), from €9,652 to €5,200
- Taxes -€877
down €877 (-100%), from €877 to €0
- Other operating charges -€177
down €177 (-17.9%), from €991 to €814
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 | €42,904 | €29,977 | -€12,926 | -30.1% |
| Fixed assets | 21/28 | €15,462 | €10,262 | -€5,200 | -33.6% |
| Intangible fixed assets | 21 | €1,872 | €0 | -€1,872 | -100% |
| Tangible fixed assets | 22/27 | €13,590 | €10,262 | -€3,328 | -24.5% |
| Plant, machinery and equipment | 23 | €1,611 | €974 | -€636 | -39.5% |
| Furniture and vehicles | 24 | €1,832 | €427 | -€1,405 | -76.7% |
| Other tangible fixed assets | 26 | €10,148 | €8,860 | -€1,288 | -12.7% |
| Current assets | 29/58 | €27,441 | €19,716 | -€7,726 | -28.2% |
| Stocks and contracts in progress | 3 | €6,451 | €2,584 | -€3,866 | -59.9% |
| Stocks | 30/36 | €6,451 | €2,584 | -€3,866 | -59.9% |
| Amounts receivable within one year | 40/41 | €9,935 | €6,611 | -€3,325 | -33.5% |
| Trade receivables | 40 | €9,779 | €5,769 | -€4,010 | -41.0% |
| Other amounts receivable | 41 | €156 | €842 | +€685 | +438% |
| Cash at bank and in hand | 54/58 | €8,294 | €7,633 | -€662 | -8.0% |
| Deferred charges and accrued income | 490/1 | €2,761 | €2,888 | +€127 | +4.6% |
| Total equity and liabilities | 10/49 | €42,904 | €29,977 | -€12,926 | -30.1% |
| Equity | 10/15 | €29,351 | €26,514 | -€2,838 | -9.7% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €22,351 | €19,514 | -€2,838 | -12.7% |
| Distributable reserves | 133 | €22,351 | €19,514 | -€2,838 | -12.7% |
| Amounts payable | 17/49 | €13,552 | €3,464 | -€10,088 | -74.4% |
| Amounts payable within one year | 42/48 | €13,552 | €3,464 | -€10,088 | -74.4% |
| Trade debts | 44 | €868 | €1,062 | +€194 | +22.3% |
| Suppliers | 440/4 | €868 | €1,062 | +€194 | +22.3% |
| Taxes, remuneration and social security | 45 | €877 | €100 | -€777 | -88.6% |
| Taxes | 450/3 | €877 | €100 | -€777 | -88.6% |
| Other amounts payable | 47/48 | €11,807 | €2,302 | -€9,505 | -80.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,652 | €5,200 | -€4,452 | -46.1% |
| Other operating charges | 640/8 | €991 | €814 | -€177 | -17.9% |
| Gross operating margin | 9900 | €13,100 | €3,216 | -€9,884 | -75.4% |
| Operating profit (loss) | 9901 | €2,457 | -€2,798 | -€5,255 | |
| Financial income | 75/76B | €10 | €6 | -€4 | -38.2% |
| Recurring financial income | 75 | €10 | €6 | -€4 | -38.2% |
| Financial charges | 65/66B | €99 | €45 | -€53 | -53.9% |
| Recurring financial charges | 65 | €99 | €45 | -€53 | -53.9% |
| Profit (loss) for the period before taxes | 9903 | €2,368 | -€2,838 | -€5,206 | |
| Income taxes | 67/77 | €877 | €0 | -€877 | -100% |
| Profit (loss) for the period | 9904 | €1,491 | -€2,838 | -€4,329 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,491 | -€2,838 | -€4,329 |
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 31 October 2026 via checked.be.