VAN DE VELDE DECO: 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 VELDE DECO
Largest movements
- Tangible fixed assets +€10,344
up €10,344 (+4.9%), from €212,813 to €223,157
of which Furniture and vehicles: +€14,007
- Cash +€8,604
up €8,604 (+82.4%), from €10,448 to €19,052
mainly Depreciation (+€33,565) and Net result for the year (+€7,808)
- Receivables within one year -€7,348
down €7,348 (-16.8%), from €43,708 to €36,360
of which Trade receivables: -€8,748
- Stocks and contracts -€4,861
down €4,861 (-22.0%), from €22,106 to €17,245
- Intangible fixed assets -€4,033
down €4,033 (-35.8%), from €11,280 to €7,246
- Profit (loss) carried forward +€7,808
up €7,808 (+68.5%), from -€11,401 to -€3,593
- Other debts -€6,307
down €6,307 (-95.5%), from €6,603 to €296
- Current portion of long-term debt +€5,874
up €5,874 (+35.4%), from €16,592 to €22,466
- Trade debts -€4,812
down €4,812 (-27.5%), from €17,487 to €12,675
- Gross operating margin +€27,167
up €27,167 (+30.3%), from €89,584 to €116,751
- Depreciation +€4,132
up €4,132 (+14.0%), from €29,433 to €33,565
- Staff costs +€3,802
up €3,802 (+5.9%), from €64,065 to €67,868
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 | €301,496 | €305,504 | +€4,008 | +1.3% |
| Fixed assets | 21/28 | €224,093 | €230,403 | +€6,310 | +2.8% |
| Intangible fixed assets | 21 | €11,280 | €7,246 | -€4,033 | -35.8% |
| Tangible fixed assets | 22/27 | €212,813 | €223,157 | +€10,344 | +4.9% |
| Land and buildings | 22 | €155,149 | €150,842 | -€4,307 | -2.8% |
| Plant, machinery and equipment | 23 | €237 | €881 | +€644 | +272% |
| Furniture and vehicles | 24 | €57,427 | €71,435 | +€14,007 | +24.4% |
| Current assets | 29/58 | €77,403 | €75,101 | -€2,303 | -3.0% |
| Stocks and contracts in progress | 3 | €22,106 | €17,245 | -€4,861 | -22.0% |
| Stocks | 30/36 | €22,106 | €17,245 | -€4,861 | -22.0% |
| Amounts receivable within one year | 40/41 | €43,708 | €36,360 | -€7,348 | -16.8% |
| Trade receivables | 40 | €38,705 | €29,956 | -€8,748 | -22.6% |
| Other amounts receivable | 41 | €5,004 | €6,403 | +€1,400 | +28.0% |
| Cash at bank and in hand | 54/58 | €10,448 | €19,052 | +€8,604 | +82.4% |
| Deferred charges and accrued income | 490/1 | €1,141 | €2,444 | +€1,303 | +114% |
| Total equity and liabilities | 10/49 | €301,496 | €305,504 | +€4,008 | +1.3% |
| Equity | 10/15 | €75,204 | €83,012 | +€7,808 | +10.4% |
| Contributions | 10/11 | €31,200 | €31,200 | = | 0.0% |
| Reserves | 13 | €55,406 | €55,406 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,700 | €1,700 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,700 | €1,700 | = | 0.0% |
| Distributable reserves | 133 | €53,706 | €53,706 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,401 | -€3,593 | +€7,808 | +68.5% |
| Amounts payable | 17/49 | €226,292 | €222,491 | -€3,801 | -1.7% |
| Amounts payable after more than one year | 17 | €184,355 | €183,230 | -€1,126 | -0.6% |
| Financial debts | 170/4 | €184,355 | €183,230 | -€1,126 | -0.6% |
| Amounts payable within one year | 42/48 | €40,924 | €38,249 | -€2,675 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €16,592 | €22,466 | +€5,874 | +35.4% |
| Trade debts | 44 | €17,487 | €12,675 | -€4,812 | -27.5% |
| Suppliers | 440/4 | €17,487 | €12,675 | -€4,812 | -27.5% |
| Taxes, remuneration and social security | 45 | €241 | €2,812 | +€2,570 | +1,066% |
| Taxes | 450/3 | €241 | €2,812 | +€2,570 | +1,066% |
| Other amounts payable | 47/48 | €6,603 | €296 | -€6,307 | -95.5% |
| Accrued charges and deferred income | 492/3 | €1,013 | €1,013 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €64,065 | €67,868 | +€3,802 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,433 | €33,565 | +€4,132 | +14.0% |
| Other operating charges | 640/8 | €2,155 | €2,061 | -€94 | -4.4% |
| Non-recurring operating charges | 66A | €440 | €0 | -€440 | -100% |
| Gross operating margin | 9900 | €89,584 | €116,751 | +€27,167 | +30.3% |
| Operating profit (loss) | 9901 | -€6,510 | €13,257 | +€19,767 | |
| Financial income | 75/76B | €10 | €4 | -€7 | -64.3% |
| Recurring financial income | 75 | €10 | €4 | -€7 | -64.3% |
| Financial charges | 65/66B | €4,671 | €4,863 | +€192 | +4.1% |
| Recurring financial charges | 65 | €4,671 | €4,863 | +€192 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,171 | €8,397 | +€19,568 | |
| Income taxes | 67/77 | €230 | €589 | +€359 | +156% |
| Profit (loss) for the period | 9904 | -€11,401 | €7,808 | +€19,210 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,401 | €7,808 | +€19,210 |
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 22 October 2026 via checked.be.