Van Den Abeele D: 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 D
Largest movements
- Tangible fixed assets +€1.2m
up €1.2m (+31.4%), from €3.9m to €5.2m
of which Assets under construction and advance payments: +€810,243
- Cash -€228,807
down €228,807 (-100.0%), from €228,807 to €0
mainly Investment in fixed assets (net) (-€1.4m) and Other debts (-€56,115)
- Debts after one year +€938,678
up €938,678 (+37.8%), from €2.5m to €3.4m
- Short-term financial debts +€128,214
new in 2025: €128,214
- Other debts -€56,115
down €56,115 (-73.7%), from €76,159 to €20,044
- Depreciation +€41,473
up €41,473 (+27.9%), from €148,559 to €190,032
- Gross operating margin +€38,357
up €38,357 (+11.1%), from €346,510 to €384,868
- Taxes +€35,860
up €35,860, from -€369 to €35,492
- Financial charges +€16,686
up €16,686 (+30.4%), from €54,934 to €71,620
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 | €4,300,782 | €5,323,788 | +€1.0m | +23.8% |
| Fixed assets | 21/28 | €3,948,993 | €5,190,132 | +€1.2m | +31.4% |
| Tangible fixed assets | 22/27 | €3,948,970 | €5,190,110 | +€1.2m | +31.4% |
| Land and buildings | 22 | €3,626,413 | €4,065,402 | +€438,990 | +12.1% |
| Plant, machinery and equipment | 23 | €16,950 | €14,338 | -€2,612 | -15.4% |
| Furniture and vehicles | 24 | €19,682 | €14,202 | -€5,480 | -27.8% |
| Assets under construction and advance payments | 27 | €285,925 | €1,096,168 | +€810,243 | +283.4% |
| Financial fixed assets | 28 | €23 | €23 | = | 0.0% |
| Current assets | 29/58 | €351,790 | €133,656 | -€218,134 | -62.0% |
| Stocks and contracts in progress | 3 | €27,737 | €41,162 | +€13,425 | +48.4% |
| Stocks | 30/36 | €27,737 | €41,162 | +€13,425 | +48.4% |
| Amounts receivable within one year | 40/41 | €95,246 | €92,494 | -€2,752 | -2.9% |
| Trade receivables | 40 | €59,701 | €77,413 | +€17,712 | +29.7% |
| Other amounts receivable | 41 | €35,544 | €15,081 | -€20,464 | -57.6% |
| Cash at bank and in hand | 54/58 | €228,807 | €0 | -€228,807 | -100.0% |
| Total equity and liabilities | 10/49 | €4,300,782 | €5,323,788 | +€1.0m | +23.8% |
| Equity | 10/15 | €1,346,301 | €1,374,722 | +€28,421 | +2.1% |
| Contributions | 10/11 | €1,115,900 | €1,115,900 | = | 0.0% |
| Reserves | 13 | €14,593 | €14,593 | = | 0.0% |
| Non-distributable reserves | 130/1 | €730 | €730 | = | 0.0% |
| Reserves not available under the articles | 1311 | €730 | €730 | = | 0.0% |
| Distributable reserves | 133 | €13,864 | €13,864 | = | 0.0% |
| Profit (loss) carried forward | 14 | €215,808 | €244,229 | +€28,421 | +13.2% |
| Amounts payable | 17/49 | €2,954,481 | €3,949,065 | +€994,584 | +33.7% |
| Amounts payable after more than one year | 17 | €2,480,496 | €3,419,174 | +€938,678 | +37.8% |
| Financial debts | 170/4 | €2,480,496 | €3,419,174 | +€938,678 | +37.8% |
| Amounts payable within one year | 42/48 | €471,956 | €527,477 | +€55,521 | +11.8% |
| Current portion of amounts payable after more than one year | 42 | €236,582 | €230,838 | -€5,745 | -2.4% |
| Financial debts | 43 | - | €128,214 | +€128,214 | |
| Credit institutions | 430/8 | - | €128,214 | +€128,214 | |
| Trade debts | 44 | €152,944 | €141,542 | -€11,403 | -7.5% |
| Suppliers | 440/4 | €152,944 | €141,542 | -€11,403 | -7.5% |
| Taxes, remuneration and social security | 45 | €6,271 | €6,840 | +€569 | +9.1% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €6,271 | €6,840 | +€569 | +9.1% |
| Other amounts payable | 47/48 | €76,159 | €20,044 | -€56,115 | -73.7% |
| Accrued charges and deferred income | 492/3 | €2,029 | €2,415 | +€385 | +19.0% |
| Remuneration, social security and pensions | 62 | €41,563 | €43,293 | +€1,731 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €148,559 | €190,032 | +€41,473 | +27.9% |
| Other operating charges | 640/8 | €13,763 | €16,009 | +€2,247 | +16.3% |
| Gross operating margin | 9900 | €346,510 | €384,868 | +€38,357 | +11.1% |
| Operating profit (loss) | 9901 | €142,626 | €135,533 | -€7,093 | -5.0% |
| Financial charges | 65/66B | €54,934 | €71,620 | +€16,686 | +30.4% |
| Recurring financial charges | 65 | €54,934 | €71,620 | +€16,686 | +30.4% |
| Profit (loss) for the period before taxes | 9903 | €87,692 | €63,913 | -€23,779 | -27.1% |
| Income taxes | 67/77 | -€369 | €35,492 | +€35,860 | |
| Profit (loss) for the period | 9904 | €88,061 | €28,421 | -€59,639 | -67.7% |
| Profit (loss) for the period to be appropriated | 9905 | €88,061 | €28,421 | -€59,639 | -67.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.