VAN dE VELDE FLEET: 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 FLEET
Largest movements
- Receivables within one year -€20,010
down €20,010 (-53.5%), from €37,411 to €17,401
of which Other amounts receivable: -€11,972
- Tangible fixed assets -€9,671
down €9,671 (-11.7%), from €82,414 to €72,743
- Cash +€4,004
up €4,004 (+6,747%), from €59 to €4,063
mainly Other debts (+€45,000) and Depreciation (+€22,044)
- Deferred charges and accrued income -€1,346
down €1,346 (-31.0%), from €4,341 to €2,995
- Other debts +€45,000
up €45,000 (+300%), from €15,000 to €60,000
- Reserves -€38,433
down €38,433 (-100%), from €38,433 to €0
of which Distributable reserves: -€38,433
- Trade debts -€26,693
down €26,693 (-59.2%), from €45,105 to €18,412
- Profit (loss) carried forward -€10,247
new in 2025: -€10,247
- Tax, wage and social debts +€3,349
up €3,349 (+373%), from €898 to €4,247
- Gross operating margin -€48,448
down €48,448, from €44,675 to -€3,773
- Depreciation +€4,351
up €4,351 (+24.6%), from €17,693 to €22,044
- Other operating charges -€1,814
down €1,814 (-7.4%), from €24,530 to €22,717
- Taxes -€898
down €898 (-100%), from €898 to €0
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 | €124,225 | €97,202 | -€27,024 | -21.8% |
| Fixed assets | 21/28 | €82,414 | €72,743 | -€9,671 | -11.7% |
| Tangible fixed assets | 22/27 | €82,414 | €72,743 | -€9,671 | -11.7% |
| Furniture and vehicles | 24 | €82,414 | €72,743 | -€9,671 | -11.7% |
| Current assets | 29/58 | €41,811 | €24,458 | -€17,353 | -41.5% |
| Amounts receivable within one year | 40/41 | €37,411 | €17,401 | -€20,010 | -53.5% |
| Trade receivables | 40 | €25,439 | €17,401 | -€8,038 | -31.6% |
| Other amounts receivable | 41 | €11,972 | €0 | -€11,972 | -100% |
| Cash at bank and in hand | 54/58 | €59 | €4,063 | +€4,004 | +6,747% |
| Deferred charges and accrued income | 490/1 | €4,341 | €2,995 | -€1,346 | -31.0% |
| Total equity and liabilities | 10/49 | €124,225 | €97,202 | -€27,024 | -21.8% |
| Equity | 10/15 | €63,223 | €14,543 | -€48,680 | -77.0% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €38,433 | €0 | -€38,433 | -100% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €38,433 | €0 | -€38,433 | -100% |
| Profit (loss) carried forward | 14 | - | -€10,247 | -€10,247 | |
| Amounts payable | 17/49 | €61,003 | €82,659 | +€21,656 | +35.5% |
| Amounts payable within one year | 42/48 | €61,003 | €82,659 | +€21,656 | +35.5% |
| Trade debts | 44 | €45,105 | €18,412 | -€26,693 | -59.2% |
| Suppliers | 440/4 | €45,105 | €18,412 | -€26,693 | -59.2% |
| Taxes, remuneration and social security | 45 | €898 | €4,247 | +€3,349 | +373% |
| Taxes | 450/3 | €898 | €4,247 | +€3,349 | +373% |
| Other amounts payable | 47/48 | €15,000 | €60,000 | +€45,000 | +300% |
| Non-recurring operating income | 76A | €0 | €1,612 | +€1,612 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,693 | €22,044 | +€4,351 | +24.6% |
| Other operating charges | 640/8 | €24,530 | €22,717 | -€1,814 | -7.4% |
| Gross operating margin | 9900 | €44,675 | -€3,773 | -€48,448 | |
| Operating profit (loss) | 9901 | €2,452 | -€48,534 | -€50,986 | |
| Financial income | 75/76B | €36 | €0 | -€36 | -100% |
| Recurring financial income | 75 | €36 | €0 | -€36 | -100% |
| Financial charges | 65/66B | €130 | €146 | +€15 | +11.6% |
| Recurring financial charges | 65 | €130 | €146 | +€15 | +11.6% |
| Profit (loss) for the period before taxes | 9903 | €2,357 | -€48,680 | -€51,037 | |
| Income taxes | 67/77 | €898 | €0 | -€898 | -100% |
| Profit (loss) for the period | 9904 | €1,459 | -€48,680 | -€50,139 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,459 | -€48,680 | -€50,139 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.