VAN DE POEL: 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 POEL
Largest movements
- Tangible fixed assets -€34,629
down €34,629 (-6.1%), from €564,758 to €530,130
of which Land and buildings: -€39,632
- Receivables after one year -€20,000
down €20,000 (-50.0%), from €40,000 to €20,000
- Receivables within one year +€19,813
up €19,813 (+9.7%), from €203,534 to €223,347
of which Trade receivables: +€11,280
- Cash -€16,560
down €16,560 (-41.7%), from €39,744 to €23,184
mainly Debts after one year (-€37,561) and Other debts (-€19,969)
- Debts after one year -€37,561
down €37,561 (-9.6%), from €391,194 to €353,632
- Other debts -€19,969
down €19,969 (-65.7%), from €30,377 to €10,407
- Gross operating margin +€12,352
up €12,352 (+18.6%), from €66,344 to €78,696
- Other operating charges +€9,835
up €9,835 (+1,024%), from €960 to €10,795
- Depreciation -€7,696
down €7,696 (-14.3%), from €53,995 to €46,298
- Financial charges -€1,711
down €1,711 (-8.3%), from €20,567 to €18,856
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 | €848,225 | €796,848 | -€51,376 | -6.1% |
| Fixed assets | 21/28 | €564,946 | €530,317 | -€34,629 | -6.1% |
| Tangible fixed assets | 22/27 | €564,758 | €530,130 | -€34,629 | -6.1% |
| Land and buildings | 22 | €554,473 | €514,841 | -€39,632 | -7.1% |
| Plant, machinery and equipment | 23 | - | €5,032 | +€5,032 | |
| Furniture and vehicles | 24 | €10,285 | €10,257 | -€29 | -0.3% |
| Financial fixed assets | 28 | €188 | €188 | = | 0.0% |
| Current assets | 29/58 | €283,279 | €266,531 | -€16,747 | -5.9% |
| Amounts receivable after more than one year | 29 | €40,000 | €20,000 | -€20,000 | -50.0% |
| Other amounts receivable | 291 | €40,000 | €20,000 | -€20,000 | -50.0% |
| Amounts receivable within one year | 40/41 | €203,534 | €223,347 | +€19,813 | +9.7% |
| Trade receivables | 40 | €52,576 | €63,856 | +€11,280 | +21.5% |
| Other amounts receivable | 41 | €150,959 | €159,491 | +€8,532 | +5.7% |
| Cash at bank and in hand | 54/58 | €39,744 | €23,184 | -€16,560 | -41.7% |
| Total equity and liabilities | 10/49 | €848,225 | €796,848 | -€51,376 | -6.1% |
| Equity | 10/15 | €371,685 | €374,182 | +€2,497 | +0.7% |
| Contributions | 10/11 | €18,741 | €18,741 | = | 0.0% |
| Reserves | 13 | €352,944 | €355,441 | +€2,497 | +0.7% |
| Tax-exempt reserves | 132 | €14,076 | €14,076 | = | 0.0% |
| Distributable reserves | 133 | €338,868 | €341,365 | +€2,497 | +0.7% |
| Amounts payable | 17/49 | €476,540 | €422,667 | -€53,873 | -11.3% |
| Amounts payable after more than one year | 17 | €391,194 | €353,632 | -€37,561 | -9.6% |
| Financial debts | 170/4 | €391,194 | €353,632 | -€37,561 | -9.6% |
| Amounts payable within one year | 42/48 | €82,111 | €65,799 | -€16,312 | -19.9% |
| Current portion of amounts payable after more than one year | 42 | €38,552 | €37,561 | -€991 | -2.6% |
| Trade debts | 44 | €13,183 | €16,258 | +€3,075 | +23.3% |
| Suppliers | 440/4 | €13,183 | €16,258 | +€3,075 | +23.3% |
| Taxes, remuneration and social security | 45 | - | €1,573 | +€1,573 | |
| Taxes | 450/3 | - | €1,573 | +€1,573 | |
| Other amounts payable | 47/48 | €30,377 | €10,407 | -€19,969 | -65.7% |
| Accrued charges and deferred income | 492/3 | €3,235 | €3,235 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,995 | €46,298 | -€7,696 | -14.3% |
| Other operating charges | 640/8 | €960 | €10,795 | +€9,835 | +1,024% |
| Gross operating margin | 9900 | €66,344 | €78,696 | +€12,352 | +18.6% |
| Operating profit (loss) | 9901 | €11,389 | €21,603 | +€10,213 | +89.7% |
| Financial charges | 65/66B | €20,567 | €18,856 | -€1,711 | -8.3% |
| Recurring financial charges | 65 | €20,567 | €18,856 | -€1,711 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,177 | €2,746 | +€11,924 | |
| Income taxes | 67/77 | - | €250 | +€250 | |
| Profit (loss) for the period | 9904 | -€9,177 | €2,497 | +€11,674 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,177 | €2,497 | +€11,674 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.