VAN DE VELDE DIRK: 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 DIRK
Largest movements
- Tangible fixed assets -€39,777
down €39,777 (-5.1%), from €780,861 to €741,084
of which Land and buildings: -€32,556
- Receivables within one year +€12,956
up €12,956 (+18.6%), from €69,731 to €82,688
of which Other amounts receivable: +€6,983
- Debts after one year -€49,232
down €49,232 (-10.2%), from €480,632 to €431,400
of which Financial debts: -€48,118
- Reserves -€34,816
down €34,816 (-12.8%), from €271,547 to €236,731
- Tax, wage and social debts +€18,346
up €18,346 (+57.2%), from €32,073 to €50,420
of which Remuneration and social security: +€24,136
- Trade debts +€13,727
up €13,727 (+94.5%), from €14,522 to €28,249
- Short-term financial debts +€13,215
up €13,215 (+114%), from €11,565 to €24,780
- Gross operating margin -€41,186
down €41,186 (-23.8%), from €172,889 to €131,703
- Other operating charges +€13,929
up €13,929 (+151%), from €9,249 to €23,177
- Staff costs -€10,856
down €10,856 (-12.1%), from €89,991 to €79,135
- Taxes -€3,607
down €3,607, from €2,871 to -€736
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 | €911,531 | €882,293 | -€29,238 | -3.2% |
| Fixed assets | 21/28 | €782,006 | €742,229 | -€39,777 | -5.1% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €780,861 | €741,084 | -€39,777 | -5.1% |
| Land and buildings | 22 | €740,775 | €708,220 | -€32,556 | -4.4% |
| Plant, machinery and equipment | 23 | €32,576 | €22,200 | -€10,376 | -31.9% |
| Furniture and vehicles | 24 | €7,510 | €10,664 | +€3,154 | +42.0% |
| Financial fixed assets | 28 | €1,145 | €1,145 | = | 0.0% |
| Current assets | 29/58 | €129,525 | €140,065 | +€10,540 | +8.1% |
| Stocks and contracts in progress | 3 | €39,773 | €40,395 | +€623 | +1.6% |
| Stocks | 30/36 | €39,773 | €40,395 | +€623 | +1.6% |
| Amounts receivable within one year | 40/41 | €69,731 | €82,688 | +€12,956 | +18.6% |
| Trade receivables | 40 | €61,577 | €67,550 | +€5,973 | +9.7% |
| Other amounts receivable | 41 | €8,155 | €15,138 | +€6,983 | +85.6% |
| Cash at bank and in hand | 54/58 | €6,244 | €6,308 | +€64 | +1.0% |
| Deferred charges and accrued income | 490/1 | €13,777 | €10,674 | -€3,103 | -22.5% |
| Total equity and liabilities | 10/49 | €911,531 | €882,293 | -€29,238 | -3.2% |
| Equity | 10/15 | €296,347 | €261,531 | -€34,816 | -11.7% |
| Contributions | 10/11 | €24,800 | €24,800 | = | 0.0% |
| Reserves | 13 | €271,547 | €236,731 | -€34,816 | -12.8% |
| Distributable reserves | 133 | €271,547 | €236,731 | -€34,816 | -12.8% |
| Amounts payable | 17/49 | €615,184 | €620,763 | +€5,579 | +0.9% |
| Amounts payable after more than one year | 17 | €480,632 | €431,400 | -€49,232 | -10.2% |
| Financial debts | 170/4 | €479,518 | €431,400 | -€48,118 | -10.0% |
| Other amounts payable | 178/9 | €1,114 | €0 | -€1,114 | -100% |
| Amounts payable within one year | 42/48 | €134,447 | €189,174 | +€54,727 | +40.7% |
| Current portion of amounts payable after more than one year | 42 | €54,647 | €48,118 | -€6,529 | -11.9% |
| Financial debts | 43 | €11,565 | €24,780 | +€13,215 | +114% |
| Credit institutions | 430/8 | €11,565 | €24,780 | +€13,215 | +114% |
| Trade debts | 44 | €14,522 | €28,249 | +€13,727 | +94.5% |
| Suppliers | 440/4 | €14,522 | €28,249 | +€13,727 | +94.5% |
| Advances received on contracts in progress | 46 | €20,614 | €24,012 | +€3,398 | +16.5% |
| Taxes, remuneration and social security | 45 | €32,073 | €50,420 | +€18,346 | +57.2% |
| Taxes | 450/3 | €13,092 | €7,303 | -€5,789 | -44.2% |
| Remuneration and social security | 454/9 | €18,981 | €43,117 | +€24,136 | +127% |
| Other amounts payable | 47/48 | €1,026 | €13,595 | +€12,569 | +1,225% |
| Accrued charges and deferred income | 492/3 | €105 | €188 | +€84 | +79.7% |
| Non-recurring operating income | 76A | €6,694 | €950 | -€5,744 | -85.8% |
| Remuneration, social security and pensions | 62 | €89,991 | €79,135 | -€10,856 | -12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,280 | €48,590 | +€310 | +0.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €9,249 | €23,177 | +€13,929 | +151% |
| Non-recurring operating charges | 66A | €102 | €0 | -€102 | -100% |
| Gross operating margin | 9900 | €172,889 | €131,703 | -€41,186 | -23.8% |
| Operating profit (loss) | 9901 | €25,267 | -€19,199 | -€44,466 | |
| Financial income | 75/76B | €84 | €52 | -€32 | -37.9% |
| Recurring financial income | 75 | €84 | €52 | -€32 | -37.9% |
| Financial charges | 65/66B | €15,471 | €16,406 | +€934 | +6.0% |
| Recurring financial charges | 65 | €15,471 | €16,406 | +€934 | +6.0% |
| Profit (loss) for the period before taxes | 9903 | €9,880 | -€35,552 | -€45,432 | |
| Income taxes | 67/77 | €2,871 | -€736 | -€3,607 | |
| Profit (loss) for the period | 9904 | €7,009 | -€34,816 | -€41,826 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,009 | -€34,816 | -€41,826 |
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 16 October 2026 via checked.be.