VAN DE PUTTE Sylvia: 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 PUTTE Sylvia
Largest movements
- Tangible fixed assets +€412,111
up €412,111 (+20.3%), from €2.0m to €2.4m
of which Land and buildings: +€434,978
- Receivables within one year -€189,995
down €189,995 (-40.8%), from €466,211 to €276,216
of which Trade receivables: -€250,015
- Cash -€114,598
down €114,598 (-26.6%), from €430,363 to €315,765
mainly Investment in fixed assets (net) (-€607,956) and Trade debts (-€101,883)
- Debts after one year +€213,421
up €213,421 (+12.4%), from €1.7m to €1.9m
- Trade debts -€101,883
down €101,883 (-85.4%), from €119,289 to €17,406
- Current portion of long-term debt +€41,726
up €41,726 (+17.5%), from €238,789 to €280,516
- Short-term financial debts -€41,649
down €41,649 (-83.3%), from €50,000 to €8,351
- Gross operating margin -€218,560
down €218,560 (-38.3%), from €570,089 to €351,529
- Staff costs -€84,710
no longer reported in 2025 (was €84,710)
- Taxes -€40,240
down €40,240 (-85.2%), from €47,220 to €6,980
- Depreciation +€34,317
up €34,317 (+21.2%), from €161,648 to €195,965
- Other operating charges -€24,865
down €24,865 (-30.4%), from €81,788 to €56,924
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 | €2,927,342 | €3,036,274 | +€108,931 | +3.7% |
| Fixed assets | 21/28 | €2,030,768 | €2,442,759 | +€411,991 | +20.3% |
| Intangible fixed assets | 21 | €480 | €360 | -€120 | -25.0% |
| Tangible fixed assets | 22/27 | €2,027,760 | €2,439,871 | +€412,111 | +20.3% |
| Land and buildings | 22 | €1,936,114 | €2,371,092 | +€434,978 | +22.5% |
| Plant, machinery and equipment | 23 | €7,484 | €5,547 | -€1,937 | -25.9% |
| Furniture and vehicles | 24 | €78,831 | €58,778 | -€20,053 | -25.4% |
| Other tangible fixed assets | 26 | €5,330 | €4,454 | -€876 | -16.4% |
| Financial fixed assets | 28 | €2,528 | €2,528 | = | 0.0% |
| Current assets | 29/58 | €896,574 | €593,514 | -€303,060 | -33.8% |
| Amounts receivable within one year | 40/41 | €466,211 | €276,216 | -€189,995 | -40.8% |
| Trade receivables | 40 | €463,432 | €213,417 | -€250,015 | -53.9% |
| Other amounts receivable | 41 | €2,780 | €62,800 | +€60,020 | +2,159% |
| Cash at bank and in hand | 54/58 | €430,363 | €315,765 | -€114,598 | -26.6% |
| Deferred charges and accrued income | 490/1 | - | €1,533 | +€1,533 | |
| Total equity and liabilities | 10/49 | €2,927,342 | €3,036,274 | +€108,931 | +3.7% |
| Equity | 10/15 | €744,164 | €766,721 | +€22,558 | +3.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €725,572 | €748,129 | +€22,558 | +3.1% |
| Tax-exempt reserves | 132 | €78,000 | €78,000 | = | 0.0% |
| Distributable reserves | 133 | €647,572 | €670,129 | +€22,558 | +3.5% |
| Amounts payable | 17/49 | €2,183,178 | €2,269,552 | +€86,374 | +4.0% |
| Amounts payable after more than one year | 17 | €1,724,449 | €1,937,871 | +€213,421 | +12.4% |
| Financial debts | 170/4 | €1,724,449 | €1,937,871 | +€213,421 | +12.4% |
| Amounts payable within one year | 42/48 | €458,729 | €330,620 | -€128,110 | -27.9% |
| Current portion of amounts payable after more than one year | 42 | €238,789 | €280,516 | +€41,726 | +17.5% |
| Financial debts | 43 | €50,000 | €8,351 | -€41,649 | -83.3% |
| Credit institutions | 430/8 | €50,000 | €8,351 | -€41,649 | -83.3% |
| Trade debts | 44 | €119,289 | €17,406 | -€101,883 | -85.4% |
| Suppliers | 440/4 | €119,289 | €17,406 | -€101,883 | -85.4% |
| Taxes, remuneration and social security | 45 | €30,633 | €4,833 | -€25,801 | -84.2% |
| Taxes | 450/3 | €27,943 | €4,833 | -€23,111 | -82.7% |
| Remuneration and social security | 454/9 | €2,690 | - | -€2,690 | |
| Other amounts payable | 47/48 | €20,018 | €19,514 | -€503 | -2.5% |
| Accrued charges and deferred income | 492/3 | - | €1,062 | +€1,062 | |
| Non-recurring operating income | 76A | €77,674 | - | -€77,674 | |
| Remuneration, social security and pensions | 62 | €84,710 | - | -€84,710 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €161,648 | €195,965 | +€34,317 | +21.2% |
| Other operating charges | 640/8 | €81,788 | €56,924 | -€24,865 | -30.4% |
| Gross operating margin | 9900 | €570,089 | €351,529 | -€218,560 | -38.3% |
| Operating profit (loss) | 9901 | €241,943 | €98,640 | -€143,303 | -59.2% |
| Financial income | 75/76B | €10 | €5 | -€5 | -48.2% |
| Recurring financial income | 75 | €10 | €5 | -€5 | -48.2% |
| Financial charges | 65/66B | €82,269 | €67,442 | -€14,827 | -18.0% |
| Recurring financial charges | 65 | €82,269 | €67,442 | -€14,827 | -18.0% |
| Profit (loss) for the period before taxes | 9903 | €159,684 | €31,204 | -€128,480 | -80.5% |
| Income taxes | 67/77 | €47,220 | €6,980 | -€40,240 | -85.2% |
| Profit (loss) for the period | 9904 | €112,464 | €24,224 | -€88,240 | -78.5% |
| Profit (loss) for the period to be appropriated | 9905 | €112,464 | €24,224 | -€88,240 | -78.5% |
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 23 October 2026 via checked.be.