VAN DE VELDE BV: what changed
What changed
VAN DE VELDE BV
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
€120,270
2024 · €90,802+€29,469
Equity
€937,329
2024 · €817,059+€120,270
Cash
€61,092
2024 · €124,959-€63,867
Balance sheet total
€2.5m
2024 · €2.5m-€8,646
Largest movements
Assets
- Receivables within one year +€103,810
up €103,810 (+23.6%), from €439,974 to €543,785
of which Trade receivables: +€131,382
- Cash -€63,867
down €63,867 (-51.1%), from €124,959 to €61,092
mainly Debts after one year (-€134,100) and Receivables within one year (-€103,810)
- Tangible fixed assets -€35,674
down €35,674 (-1.9%), from €1.9m to €1.9m
of which Land and buildings: -€25,218
Equity and liabilities
- Debts after one year -€134,100
down €134,100 (-14.7%), from €915,163 to €781,063
- Reserves +€120,270
up €120,270 (+25.1%), from €478,750 to €599,020
of which Distributable reserves: +€120,270
- Tax, wage and social debts +€26,120
up €26,120 (+66.5%), from €39,286 to €65,406
of which Taxes: +€24,940
Income statement
- Gross operating margin +€117,340
up €117,340 (+18.8%), from €622,994 to €740,334
- Staff costs +€47,773
up €47,773 (+12.1%), from €394,839 to €442,611
- Taxes +€25,078
up €25,078 (+75.1%), from €33,388 to €58,465
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
€90,802
Gross operating margin
+€117,340
Staff costs
-€47,773
Depreciation
-€7,357
Other operating charges
-€2,767
Financial income
+€1,128
Financial charges
-€6,026
Taxes
-€25,078
Result 2025
€120,270
raises the resultlowers the result
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
+€97,799
Investment
-€26,293
Financing
-€135,373
Cash 2024
€124,959
From operations (derived)
+€97,799
Net result for the year
+€120,270
Depreciation
+€61,967
Receivables within one year
-€103,810
Deferred charges and accrued income
+€12,916
Trade debts
-€8,978
Tax, wage and social debts
+€26,120
Other debts
-€10,685
Investment (derived)
-€26,293
Investment in fixed assets (net)
-€26,293
Financing
-€135,373
Debts after one year
-€134,100
Current portion of long-term debt
-€1,273
Cash 2025
€61,092
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,482,608 | €2,473,962 | -€8,646 | -0.3% |
| Fixed assets | 21/28 | €1,904,759 | €1,869,086 | -€35,674 | -1.9% |
| Tangible fixed assets | 22/27 | €1,904,210 | €1,868,537 | -€35,674 | -1.9% |
| Land and buildings | 22 | €1,667,169 | €1,641,952 | -€25,218 | -1.5% |
| Plant, machinery and equipment | 23 | €43,103 | €38,839 | -€4,264 | -9.9% |
| Furniture and vehicles | 24 | €11,178 | €20,168 | +€8,990 | +80.4% |
| Other tangible fixed assets | 26 | €182,760 | €167,578 | -€15,182 | -8.3% |
| Financial fixed assets | 28 | €549 | €549 | = | 0.0% |
| Current assets | 29/58 | €577,849 | €604,877 | +€27,028 | +4.7% |
| Amounts receivable within one year | 40/41 | €439,974 | €543,785 | +€103,810 | +23.6% |
| Trade receivables | 40 | €384,794 | €516,176 | +€131,382 | +34.1% |
| Other amounts receivable | 41 | €55,180 | €27,609 | -€27,571 | -50.0% |
| Cash at bank and in hand | 54/58 | €124,959 | €61,092 | -€63,867 | -51.1% |
| Deferred charges and accrued income | 490/1 | €12,916 | - | -€12,916 | |
| Total equity and liabilities | 10/49 | €2,482,608 | €2,473,962 | -€8,646 | -0.3% |
| Equity | 10/15 | €817,059 | €937,329 | +€120,270 | +14.7% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €478,750 | €599,020 | +€120,270 | +25.1% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €460,000 | €580,270 | +€120,270 | +26.1% |
| Profit (loss) carried forward | 14 | €330,249 | €330,249 | +€0 | 0.0% |
| Amounts payable | 17/49 | €1,665,549 | €1,536,633 | -€128,916 | -7.7% |
| Amounts payable after more than one year | 17 | €915,163 | €781,063 | -€134,100 | -14.7% |
| Financial debts | 170/4 | €915,163 | €781,063 | -€134,100 | -14.7% |
| Amounts payable within one year | 42/48 | €750,387 | €755,571 | +€5,184 | +0.7% |
| Current portion of amounts payable after more than one year | 42 | €261,485 | €260,213 | -€1,273 | -0.5% |
| Financial debts | 43 | €35,000 | €35,000 | = | 0.0% |
| Credit institutions | 430/8 | €35,000 | €35,000 | = | 0.0% |
| Trade debts | 44 | €383,558 | €374,580 | -€8,978 | -2.3% |
| Suppliers | 440/4 | €383,558 | €374,580 | -€8,978 | -2.3% |
| Taxes, remuneration and social security | 45 | €39,286 | €65,406 | +€26,120 | +66.5% |
| Taxes | 450/3 | €7,255 | €32,195 | +€24,940 | +344% |
| Remuneration and social security | 454/9 | €32,031 | €33,211 | +€1,180 | +3.7% |
| Other amounts payable | 47/48 | €31,057 | €20,372 | -€10,685 | -34.4% |
| Remuneration, social security and pensions | 62 | €394,839 | €442,611 | +€47,773 | +12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,610 | €61,967 | +€7,357 | +13.5% |
| Other operating charges | 640/8 | €12,499 | €15,266 | +€2,767 | +22.1% |
| Gross operating margin | 9900 | €622,994 | €740,334 | +€117,340 | +18.8% |
| Operating profit (loss) | 9901 | €161,046 | €220,490 | +€59,444 | +36.9% |
| Financial income | 75/76B | €311 | €1,439 | +€1,128 | +363% |
| Recurring financial income | 75 | €311 | €1,439 | +€1,128 | +363% |
| Financial charges | 65/66B | €37,167 | €43,193 | +€6,026 | +16.2% |
| Recurring financial charges | 65 | €37,167 | €43,193 | +€6,026 | +16.2% |
| Profit (loss) for the period before taxes | 9903 | €124,190 | €178,736 | +€54,546 | +43.9% |
| Income taxes | 67/77 | €33,388 | €58,465 | +€25,078 | +75.1% |
| Profit (loss) for the period | 9904 | €90,802 | €120,270 | +€29,469 | +32.5% |
| Profit (loss) for the period to be appropriated | 9905 | €90,802 | €120,270 | +€29,469 | +32.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.