VAN DE VELDE: 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.
What changed
VAN DE VELDE
NACE 96.301, Funeral services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€37,634
2024 · €12,940+€24,694
Equity
€590,881
2024 · €553,247+€37,634
Cash
€18,981
2024 · €2,728+€16,253
Balance sheet total
€2.0m
2024 · €2.1m-€60,885
Largest movements
Assets
- Tangible fixed assets -€45,529
down €45,529 (-2.4%), from €1.9m to €1.8m
of which Land and buildings: -€98,340
- Receivables within one year -€32,463
down €32,463 (-32.7%), from €99,256 to €66,793
of which Trade receivables: -€31,350
Equity and liabilities
- Debts after one year -€68,060
down €68,060 (-5.8%), from €1.2m to €1.1m
- Short-term financial debts -€53,695
down €53,695 (-100.0%), from €53,695 to €0
- Reserves +€37,634
up €37,634 (+8.5%), from €441,260 to €478,894
of which Distributable reserves: +€37,634
Income statement
- Gross operating margin +€38,411
up €38,411 (+16.4%), from €233,717 to €272,129
- Taxes +€8,437
up €8,437 (+134.6%), from €6,269 to €14,706
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.
Result 2024
€12,940
Gross operating margin
+€38,411
Staff costs
-€892
Depreciation
-€839
Other operating charges
-€2,720
Financial income
-€183
Financial charges
-€645
Taxes
-€8,437
Result 2025
€37,634
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.
From operations
+€209,560
Investment
-€86,254
Financing
-€107,052
Cash 2024
€2,728
From operations (derived)
+€209,560
Net result for the year
+€37,634
Depreciation
+€131,784
Stocks and contracts
-€422
Receivables within one year
+€32,463
Deferred charges and accrued income
-€432
Smaller working-capital items
+€23
Tax, wage and social debts
+€4,123
Accrued charges and deferred income
+€4,388
Investment (derived)
-€86,254
Investment in fixed assets (net)
-€86,254
Financing
-€107,052
Debts after one year
-€68,060
Current portion of long-term debt
+€14,703
Short-term financial debts
-€53,695
Cash 2025
€18,981
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,050,703 | €1,989,818 | -€60,885 | -3.0% |
| Fixed assets | 21/28 | €1,893,350 | €1,847,820 | -€45,529 | -2.4% |
| Tangible fixed assets | 22/27 | €1,893,350 | €1,847,820 | -€45,529 | -2.4% |
| Land and buildings | 22 | €1,828,413 | €1,730,073 | -€98,340 | -5.4% |
| Plant, machinery and equipment | 23 | €16,163 | €13,864 | -€2,299 | -14.2% |
| Furniture and vehicles | 24 | €48,773 | €37,273 | -€11,500 | -23.6% |
| Leasing and similar rights | 25 | - | €66,610 | +€66,610 | |
| Current assets | 29/58 | €157,354 | €141,998 | -€15,355 | -9.8% |
| Stocks and contracts in progress | 3 | €46,862 | €47,285 | +€422 | +0.9% |
| Stocks | 30/36 | €46,862 | €47,285 | +€422 | +0.9% |
| Amounts receivable within one year | 40/41 | €99,256 | €66,793 | -€32,463 | -32.7% |
| Trade receivables | 40 | €88,858 | €57,509 | -€31,350 | -35.3% |
| Other amounts receivable | 41 | €10,398 | €9,285 | -€1,113 | -10.7% |
| Current investments | 50/53 | €135 | €135 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,728 | €18,981 | +€16,253 | +595.8% |
| Deferred charges and accrued income | 490/1 | €8,372 | €8,804 | +€432 | +5.2% |
| Total equity and liabilities | 10/49 | €2,050,703 | €1,989,818 | -€60,885 | -3.0% |
| Equity | 10/15 | €553,247 | €590,881 | +€37,634 | +6.8% |
| Contributions | 10/11 | €111,987 | €111,987 | = | 0.0% |
| Reserves | 13 | €441,260 | €478,894 | +€37,634 | +8.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €441,260 | €478,894 | +€37,634 | +8.5% |
| Provisions and deferred taxes | 16 | €81,845 | €81,845 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €81,845 | €81,845 | = | 0.0% |
| Pensions and similar obligations | 160 | €81,845 | €81,845 | = | 0.0% |
| Amounts payable | 17/49 | €1,415,612 | €1,317,093 | -€98,519 | -7.0% |
| Amounts payable after more than one year | 17 | €1,163,725 | €1,095,665 | -€68,060 | -5.8% |
| Financial debts | 170/4 | €1,163,725 | €1,095,665 | -€68,060 | -5.8% |
| Amounts payable within one year | 42/48 | €231,808 | €196,961 | -€34,847 | -15.0% |
| Current portion of amounts payable after more than one year | 42 | €99,841 | €114,543 | +€14,703 | +14.7% |
| Financial debts | 43 | €53,695 | €0 | -€53,695 | -100.0% |
| Credit institutions | 430/8 | €53,695 | €0 | -€53,695 | -100.0% |
| Trade debts | 44 | €17,838 | €17,636 | -€202 | -1.1% |
| Suppliers | 440/4 | €17,838 | €17,636 | -€202 | -1.1% |
| Advances received on contracts in progress | 46 | €37,583 | €37,583 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €5,280 | €9,402 | +€4,123 | +78.1% |
| Taxes | 450/3 | €1,366 | €7,363 | +€5,997 | +439.1% |
| Remuneration and social security | 454/9 | €3,914 | €2,039 | -€1,875 | -47.9% |
| Other amounts payable | 47/48 | €17,571 | €17,796 | +€225 | +1.3% |
| Accrued charges and deferred income | 492/3 | €20,079 | €24,467 | +€4,388 | +21.9% |
| Remuneration, social security and pensions | 62 | €49,753 | €50,646 | +€892 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €130,944 | €131,784 | +€839 | +0.6% |
| Other operating charges | 640/8 | €7,897 | €10,616 | +€2,720 | +34.4% |
| Gross operating margin | 9900 | €233,717 | €272,129 | +€38,411 | +16.4% |
| Operating profit (loss) | 9901 | €45,123 | €79,083 | +€33,960 | +75.3% |
| Financial income | 75/76B | €2,677 | €2,494 | -€183 | -6.8% |
| Recurring financial income | 75 | €2,677 | €2,494 | -€183 | -6.8% |
| Financial charges | 65/66B | €28,592 | €29,237 | +€645 | +2.3% |
| Recurring financial charges | 65 | €28,592 | €29,237 | +€645 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | €19,208 | €52,340 | +€33,131 | +172.5% |
| Income taxes | 67/77 | €6,269 | €14,706 | +€8,437 | +134.6% |
| Profit (loss) for the period | 9904 | €12,940 | €37,634 | +€24,694 | +190.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,940 | €37,634 | +€24,694 | +190.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.