VAN DEN ABEELE: 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 DEN ABEELE
Largest movements
- Cash -€33,037
down €33,037 (-21.6%), from €153,053 to €120,017
mainly Other debts (-€70,859) and Debts after one year (-€5,680)
- Tangible fixed assets -€14,349
down €14,349 (-42.4%), from €33,849 to €19,500
- Receivables within one year +€2,236
up €2,236 (+26.5%), from €8,445 to €10,681
of which Trade receivables: +€6,286
- Other debts -€70,859
down €70,859 (-48.3%), from €146,687 to €75,828
- Profit (loss) carried forward +€32,636
up €32,636 (+276.6%), from €11,798 to €44,434
- Debts after one year -€5,680
no longer reported in 2025 (was €5,680)
- Gross operating margin -€53,307
down €53,307 (-47.7%), from €111,745 to €58,438
- Taxes -€14,276
down €14,276 (-58.1%), from €24,561 to €10,285
- Other operating charges -€1,153
down €1,153 (-58.3%), from €1,980 to €827
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 | €195,347 | €150,198 | -€45,150 | -23.1% |
| Fixed assets | 21/28 | €33,849 | €19,500 | -€14,349 | -42.4% |
| Tangible fixed assets | 22/27 | €33,849 | €19,500 | -€14,349 | -42.4% |
| Plant, machinery and equipment | 23 | €33,849 | €19,500 | -€14,349 | -42.4% |
| Current assets | 29/58 | €161,498 | €130,697 | -€30,801 | -19.1% |
| Amounts receivable within one year | 40/41 | €8,445 | €10,681 | +€2,236 | +26.5% |
| Trade receivables | 40 | €3,334 | €9,620 | +€6,286 | +188.6% |
| Other amounts receivable | 41 | €5,111 | €1,061 | -€4,050 | -79.2% |
| Cash at bank and in hand | 54/58 | €153,053 | €120,017 | -€33,037 | -21.6% |
| Total equity and liabilities | 10/49 | €195,347 | €150,198 | -€45,150 | -23.1% |
| Equity | 10/15 | €32,258 | €64,894 | +€32,636 | +101.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,798 | €44,434 | +€32,636 | +276.6% |
| Amounts payable | 17/49 | €163,090 | €85,303 | -€77,786 | -47.7% |
| Amounts payable after more than one year | 17 | €5,680 | - | -€5,680 | |
| Financial debts | 170/4 | €5,680 | - | -€5,680 | |
| Amounts payable within one year | 42/48 | €157,410 | €85,303 | -€72,106 | -45.8% |
| Current portion of amounts payable after more than one year | 42 | €5,680 | €5,680 | = | 0.0% |
| Trade debts | 44 | €482 | €162 | -€320 | -66.4% |
| Suppliers | 440/4 | €482 | €162 | -€320 | -66.4% |
| Taxes, remuneration and social security | 45 | €4,561 | €3,634 | -€927 | -20.3% |
| Taxes | 450/3 | €4,561 | €3,634 | -€927 | -20.3% |
| Other amounts payable | 47/48 | €146,687 | €75,828 | -€70,859 | -48.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,338 | €14,349 | +€12 | +0.1% |
| Other operating charges | 640/8 | €1,980 | €827 | -€1,153 | -58.3% |
| Gross operating margin | 9900 | €111,745 | €58,438 | -€53,307 | -47.7% |
| Operating profit (loss) | 9901 | €95,428 | €43,262 | -€52,166 | -54.7% |
| Financial charges | 65/66B | €1,095 | €341 | -€754 | -68.9% |
| Recurring financial charges | 65 | €1,095 | €341 | -€754 | -68.9% |
| Profit (loss) for the period before taxes | 9903 | €94,332 | €42,921 | -€51,411 | -54.5% |
| Income taxes | 67/77 | €24,561 | €10,285 | -€14,276 | -58.1% |
| Profit (loss) for the period | 9904 | €69,771 | €32,636 | -€37,135 | -53.2% |
| Profit (loss) for the period to be appropriated | 9905 | €69,771 | €32,636 | -€37,135 | -53.2% |
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 11 October 2026 via checked.be.