VAN DE VELDE: what changed
VAN DE VELDE
Largest movements
- Cash +€9,806
up €9,806 (+59.4%), from €16,495 to €26,301
mainly Net result for the year (+€9,656) and Receivables within one year (+€2,560)
- Tangible fixed assets +€3,469
up €3,469 (+365%), from €951 to €4,419
of which Furniture and vehicles: +€3,706
- Stocks and contracts +€2,941
up €2,941 (+99.8%), from €2,947 to €5,889
- Receivables within one year -€2,560
down €2,560 (-20.3%), from €12,596 to €10,035
of which Other amounts receivable: -€2,874
- Deferred charges and accrued income +€1,743
new in 2025: €1,743
- Profit (loss) carried forward +€9,656
up €9,656 (+48.7%), from -€19,838 to -€10,182
- Trade debts +€2,060
up €2,060 (+31.8%), from €6,472 to €8,532
- Debts after one year +€1,833
new in 2025: €1,833
- Current portion of long-term debt +€1,504
new in 2025: €1,504
- Gross operating margin +€9,571
up €9,571 (+207%), from €4,634 to €14,205
- Other operating charges +€2,084
up €2,084 (+170%), from €1,228 to €3,312
- Depreciation +€839
up €839 (+353%), from €238 to €1,077
- Financial income -€539
down €539 (-56.0%), from €963 to €424
- Financial charges +€229
up €229 (+158%), from €145 to €374
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,988 | €48,387 | +€15,399 | +46.7% |
| Fixed assets | 21/28 | €951 | €4,419 | +€3,469 | +365% |
| Tangible fixed assets | 22/27 | €951 | €4,419 | +€3,469 | +365% |
| Plant, machinery and equipment | 23 | €951 | €713 | -€238 | -25.0% |
| Furniture and vehicles | 24 | - | €3,706 | +€3,706 | |
| Current assets | 29/58 | €32,038 | €43,968 | +€11,930 | +37.2% |
| Stocks and contracts in progress | 3 | €2,947 | €5,889 | +€2,941 | +99.8% |
| Stocks | 30/36 | €2,947 | €5,889 | +€2,941 | +99.8% |
| Amounts receivable within one year | 40/41 | €12,596 | €10,035 | -€2,560 | -20.3% |
| Trade receivables | 40 | €3,041 | €3,355 | +€314 | +10.3% |
| Other amounts receivable | 41 | €9,554 | €6,680 | -€2,874 | -30.1% |
| Cash at bank and in hand | 54/58 | €16,495 | €26,301 | +€9,806 | +59.4% |
| Deferred charges and accrued income | 490/1 | - | €1,743 | +€1,743 | |
| Total equity and liabilities | 10/49 | €32,988 | €48,387 | +€15,399 | +46.7% |
| Equity | 10/15 | €24,369 | €34,025 | +€9,656 | +39.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €38,007 | €38,007 | = | 0.0% |
| Distributable reserves | 133 | €38,007 | €38,007 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,838 | -€10,182 | +€9,656 | +48.7% |
| Amounts payable | 17/49 | €8,619 | €14,362 | +€5,743 | +66.6% |
| Amounts payable after more than one year | 17 | - | €1,833 | +€1,833 | |
| Financial debts | 170/4 | - | €1,833 | +€1,833 | |
| Amounts payable within one year | 42/48 | €8,619 | €12,529 | +€3,910 | +45.4% |
| Current portion of amounts payable after more than one year | 42 | - | €1,504 | +€1,504 | |
| Trade debts | 44 | €6,472 | €8,532 | +€2,060 | +31.8% |
| Suppliers | 440/4 | €6,472 | €8,532 | +€2,060 | +31.8% |
| Taxes, remuneration and social security | 45 | €2,148 | €2,493 | +€346 | +16.1% |
| Remuneration and social security | 454/9 | €2,148 | €2,493 | +€346 | +16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €238 | €1,077 | +€839 | +353% |
| Other operating charges | 640/8 | €1,228 | €3,312 | +€2,084 | +170% |
| Gross operating margin | 9900 | €4,634 | €14,205 | +€9,571 | +207% |
| Operating profit (loss) | 9901 | €3,169 | €9,816 | +€6,648 | +210% |
| Financial income | 75/76B | €963 | €424 | -€539 | -56.0% |
| Recurring financial income | 75 | €963 | €424 | -€539 | -56.0% |
| Financial charges | 65/66B | €145 | €374 | +€229 | +158% |
| Recurring financial charges | 65 | €145 | €374 | +€229 | +158% |
| Profit (loss) for the period before taxes | 9903 | €3,986 | €9,866 | +€5,879 | +147% |
| Income taxes | 67/77 | €198 | €210 | +€12 | +6.2% |
| Profit (loss) for the period | 9904 | €3,789 | €9,656 | +€5,867 | +155% |
| Profit (loss) for the period to be appropriated | 9905 | €3,789 | €9,656 | +€5,867 | +155% |
Next steps
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 6 November 2026 via checked.be.