Van de Velde Peter: 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 Peter
Largest movements
- Stocks and contracts -€9,170
down €9,170 (-32.2%), from €28,467 to €19,297
of which Contracts in progress: -€7,370
- Cash -€5,810
down €5,810 (-10.3%), from €56,412 to €50,602
mainly Trade debts (-€27,451) and Investment in fixed assets (net) (-€2,640)
- Receivables within one year +€1,576
up €1,576 (+8.2%), from €19,142 to €20,717
of which Trade receivables: +€7,959
- Tangible fixed assets +€1,106
up €1,106 (+78.8%), from €1,405 to €2,511
- Trade debts -€27,451
down €27,451 (-74.6%), from €36,791 to €9,341
- Reserves +€10,445
up €10,445 (+15.2%), from €68,924 to €79,370
- Tax, wage and social debts +€3,767
up €3,767 (+79.9%), from €4,712 to €8,479
of which Taxes: +€3,767
- Other debts +€2,007
up €2,007 (+28.0%), from €7,171 to €9,178
- Gross operating margin +€13,003
up €13,003 (+156.0%), from €8,336 to €21,339
- Taxes +€3,527
up €3,527 (+147.4%), from €2,392 to €5,919
- Other operating charges -€1,126
down €1,126 (-39.5%), from €2,851 to €1,724
- Financial income -€501
down €501 (-49.6%), from €1,010 to €509
- Financial charges +€318
up €318 (+132.0%), from €241 to €559
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.
Cash bridge derived
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 | €105,829 | €93,968 | -€11,861 | -11.2% |
| Fixed assets | 21/28 | €1,405 | €2,511 | +€1,106 | +78.8% |
| Tangible fixed assets | 22/27 | €1,405 | €2,511 | +€1,106 | +78.8% |
| Plant, machinery and equipment | 23 | €1,405 | €2,511 | +€1,106 | +78.8% |
| Current assets | 29/58 | €104,424 | €91,457 | -€12,967 | -12.4% |
| Stocks and contracts in progress | 3 | €28,467 | €19,297 | -€9,170 | -32.2% |
| Stocks | 30/36 | €19,149 | €17,349 | -€1,800 | -9.4% |
| Contracts in progress | 37 | €9,318 | €1,948 | -€7,370 | -79.1% |
| Amounts receivable within one year | 40/41 | €19,142 | €20,717 | +€1,576 | +8.2% |
| Trade receivables | 40 | €10,321 | €18,280 | +€7,959 | +77.1% |
| Other amounts receivable | 41 | €8,821 | €2,438 | -€6,383 | -72.4% |
| Cash at bank and in hand | 54/58 | €56,412 | €50,602 | -€5,810 | -10.3% |
| Deferred charges and accrued income | 490/1 | €403 | €841 | +€437 | +108.4% |
| Total equity and liabilities | 10/49 | €105,829 | €93,968 | -€11,861 | -11.2% |
| Equity | 10/15 | €56,474 | €66,919 | +€10,445 | +18.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €68,924 | €79,370 | +€10,445 | +15.2% |
| Distributable reserves | 133 | €68,924 | €79,370 | +€10,445 | +15.2% |
| Profit (loss) carried forward | 14 | -€24,850 | -€24,850 | = | 0.0% |
| Amounts payable | 17/49 | €49,355 | €27,049 | -€22,306 | -45.2% |
| Amounts payable within one year | 42/48 | €48,674 | €26,998 | -€21,676 | -44.5% |
| Trade debts | 44 | €36,791 | €9,341 | -€27,451 | -74.6% |
| Suppliers | 440/4 | €36,791 | €9,341 | -€27,451 | -74.6% |
| Taxes, remuneration and social security | 45 | €4,712 | €8,479 | +€3,767 | +79.9% |
| Taxes | 450/3 | €2,712 | €6,479 | +€3,767 | +138.9% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €7,171 | €9,178 | +€2,007 | +28.0% |
| Accrued charges and deferred income | 492/3 | €680 | €51 | -€630 | -92.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,260 | €1,534 | +€274 | +21.7% |
| Other operating charges | 640/8 | €2,851 | €1,724 | -€1,126 | -39.5% |
| Gross operating margin | 9900 | €8,336 | €21,339 | +€13,003 | +156.0% |
| Operating profit (loss) | 9901 | €4,225 | €18,080 | +€13,856 | +327.9% |
| Financial income | 75/76B | €1,010 | €509 | -€501 | -49.6% |
| Recurring financial income | 75 | €1,010 | €509 | -€501 | -49.6% |
| Financial charges | 65/66B | €241 | €559 | +€318 | +132.0% |
| Recurring financial charges | 65 | €241 | €559 | +€318 | +132.0% |
| Profit (loss) for the period before taxes | 9903 | €4,994 | €18,031 | +€13,036 | +261.0% |
| Income taxes | 67/77 | €2,392 | €5,919 | +€3,527 | +147.4% |
| Profit (loss) for the period | 9904 | €2,602 | €12,111 | +€9,509 | +365.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,602 | €12,111 | +€9,509 | +365.4% |
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 11 October 2026 via checked.be.