VAN DE MOERE: what changed
What changed
VAN DE MOERE
NACE 43.120, Site preparation
filed annual accounts (NBB)
Net result for the year
-€17,664
2024 · -€498,071+€480,407
Equity
€762,538
2024 · €780,203-€17,664
Cash
€422,681
2024 · €230,283+€192,398
Balance sheet total
€2.7m
2024 · €2.5m+€172,119
Largest movements
Assets
- Cash +€192,398
up €192,398 (+83.5%), from €230,283 to €422,681
mainly Depreciation (+€160,547) and Provisions (+€100,000)
- Receivables within one year +€60,206
up €60,206 (+7.3%), from €827,465 to €887,671
of which Trade receivables: +€67,951
- Tangible fixed assets -€53,148
down €53,148 (-5.1%), from €1.0m to €986,429
of which Leasing and similar rights: -€43,781
Equity and liabilities
- Provisions +€100,000
new in 2025: €100,000
- Trade debts +€60,602
up €60,602 (+21.9%), from €276,842 to €337,444
- Tax, wage and social debts +€43,313
up €43,313 (+33.5%), from €129,149 to €172,462
of which Remuneration and social security: +€43,596
- Debts after one year -€34,832
down €34,832 (-2.9%), from €1.2m to €1.2m
of which Financial debts: -€34,832
- Accrued charges and deferred income +€31,573
new in 2025: €31,573
Income statement
- Gross operating margin +€527,614
up €527,614 (+33.4%), from €1.6m to €2.1m
- Depreciation -€91,933
down €91,933 (-36.4%), from €252,480 to €160,547
- Staff costs +€62,438
up €62,438 (+3.6%), from €1.7m to €1.8m
- Financial charges -€22,189
down €22,189 (-41.4%), from €53,653 to €31,464
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€498,071
Gross operating margin
+€527,614
Staff costs
-€62,438
Depreciation
+€91,933
Other operating charges
-€5,872
Other operating items
-€93,945
Financial income
+€1,015
Financial charges
+€22,189
Taxes
-€89
Result 2025
-€17,664
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€334,516
Investment
-€106,414
Financing
-€35,704
Cash 2024
€230,283
From operations (derived)
+€334,516
Net result for the year
-€17,664
Depreciation
+€160,547
Stocks and contracts
+€18,155
Receivables within one year
-€60,206
Deferred charges and accrued income
+€8,197
Provisions
+€100,000
Trade debts
+€60,602
Tax, wage and social debts
+€43,313
Other debts
-€10,000
Accrued charges and deferred income
+€31,573
Investment (derived)
-€106,414
Investment in fixed assets (net)
-€106,414
Financing
-€35,704
Debts after one year
-€34,832
Current portion of long-term debt
-€777
Short-term financial debts
-€95
Cash 2025
€422,681
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,509,859 | €2,681,979 | +€172,119 | +6.9% |
| Fixed assets | 21/28 | €1,076,912 | €1,022,779 | -€54,133 | -5.0% |
| Intangible fixed assets | 21 | €6,696 | €5,096 | -€1,600 | -23.9% |
| Tangible fixed assets | 22/27 | €1,039,577 | €986,429 | -€53,148 | -5.1% |
| Land and buildings | 22 | €653,928 | €650,951 | -€2,977 | -0.5% |
| Plant, machinery and equipment | 23 | €238,834 | €214,554 | -€24,280 | -10.2% |
| Furniture and vehicles | 24 | €58,409 | €76,299 | +€17,889 | +30.6% |
| Leasing and similar rights | 25 | €88,406 | €44,626 | -€43,781 | -49.5% |
| Financial fixed assets | 28 | €30,639 | €31,254 | +€615 | +2.0% |
| Current assets | 29/58 | €1,432,947 | €1,659,200 | +€226,253 | +15.8% |
| Stocks and contracts in progress | 3 | €352,743 | €334,589 | -€18,155 | -5.1% |
| Stocks | 30/36 | €147,743 | €134,589 | -€13,155 | -8.9% |
| Contracts in progress | 37 | €205,000 | €200,000 | -€5,000 | -2.4% |
| Amounts receivable within one year | 40/41 | €827,465 | €887,671 | +€60,206 | +7.3% |
| Trade receivables | 40 | €786,778 | €854,729 | +€67,951 | +8.6% |
| Other amounts receivable | 41 | €40,687 | €32,942 | -€7,745 | -19.0% |
| Cash at bank and in hand | 54/58 | €230,283 | €422,681 | +€192,398 | +83.5% |
| Deferred charges and accrued income | 490/1 | €22,456 | €14,259 | -€8,197 | -36.5% |
| Total equity and liabilities | 10/49 | €2,509,859 | €2,681,979 | +€172,119 | +6.9% |
| Equity | 10/15 | €780,203 | €762,538 | -€17,664 | -2.3% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €705,835 | €688,170 | -€17,664 | -2.5% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Tax-exempt reserves | 132 | €17,000 | €17,000 | = | 0.0% |
| Distributable reserves | 133 | €681,398 | €663,734 | -€17,664 | -2.6% |
| Provisions and deferred taxes | 16 | - | €100,000 | +€100,000 | |
| Provisions for liabilities and charges | 160/5 | - | €100,000 | +€100,000 | |
| Other liabilities and charges | 164/5 | - | €100,000 | +€100,000 | |
| Amounts payable | 17/49 | €1,729,657 | €1,819,440 | +€89,784 | +5.2% |
| Amounts payable after more than one year | 17 | €1,193,620 | €1,158,787 | -€34,832 | -2.9% |
| Financial debts | 170/4 | €711,120 | €676,288 | -€34,832 | -4.9% |
| Other amounts payable | 178/9 | €482,500 | €482,500 | = | 0.0% |
| Amounts payable within one year | 42/48 | €536,037 | €629,080 | +€93,043 | +17.4% |
| Current portion of amounts payable after more than one year | 42 | €109,347 | €108,570 | -€777 | -0.7% |
| Financial debts | 43 | €699 | €604 | -€95 | -13.6% |
| Credit institutions | 430/8 | €699 | €604 | -€95 | -13.6% |
| Trade debts | 44 | €276,842 | €337,444 | +€60,602 | +21.9% |
| Suppliers | 440/4 | €276,842 | €337,444 | +€60,602 | +21.9% |
| Taxes, remuneration and social security | 45 | €129,149 | €172,462 | +€43,313 | +33.5% |
| Taxes | 450/3 | €14,823 | €14,540 | -€283 | -1.9% |
| Remuneration and social security | 454/9 | €114,326 | €157,922 | +€43,596 | +38.1% |
| Other amounts payable | 47/48 | €20,000 | €10,000 | -€10,000 | -50.0% |
| Accrued charges and deferred income | 492/3 | - | €31,573 | +€31,573 | |
| Non-recurring operating income | 76A | €1,826 | €19,384 | +€17,558 | +961% |
| Remuneration, social security and pensions | 62 | €1,744,212 | €1,806,650 | +€62,438 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €252,480 | €160,547 | -€91,933 | -36.4% |
| Other operating charges | 640/8 | €19,858 | €25,730 | +€5,872 | +29.6% |
| Non-recurring operating charges | 66A | €6,055 | €100,000 | +€93,945 | +1,552% |
| Gross operating margin | 9900 | €1,579,546 | €2,107,160 | +€527,614 | +33.4% |
| Operating profit (loss) | 9901 | -€443,059 | €14,233 | +€457,292 | |
| Financial income | 75/76B | €490 | €1,505 | +€1,015 | +207% |
| Recurring financial income | 75 | €490 | €1,505 | +€1,015 | +207% |
| Financial charges | 65/66B | €53,653 | €31,464 | -€22,189 | -41.4% |
| Recurring financial charges | 65 | €53,653 | €31,464 | -€22,189 | -41.4% |
| Profit (loss) for the period before taxes | 9903 | -€496,222 | -€15,726 | +€480,496 | +96.8% |
| Income taxes | 67/77 | €1,849 | €1,938 | +€89 | +4.8% |
| Profit (loss) for the period | 9904 | -€498,071 | -€17,664 | +€480,407 | +96.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€498,071 | -€17,664 | +€480,407 | +96.5% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.