van den Boogert: 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 Boogert
Largest movements
- Tangible fixed assets +€49,741
up €49,741 (+153%), from €32,515 to €82,256
of which Furniture and vehicles: +€54,534
- Cash -€13,465
down €13,465 (-34.7%), from €38,761 to €25,296
mainly Investment in fixed assets (net) (-€61,428) and Deferred charges and accrued income (-€12,000)
- Deferred charges and accrued income +€12,000
new in 2025: €12,000
- Receivables within one year +€10,852
up €10,852 (+84.7%), from €12,819 to €23,672
of which Other amounts receivable: +€12,747
- Debts after one year +€46,759
new in 2025: €46,759
- Profit (loss) carried forward +€10,634
up €10,634 (+1,107%), from €961 to €11,595
- Current portion of long-term debt +€9,669
new in 2025: €9,669
- Trade debts -€6,042
down €6,042 (-49.8%), from €12,125 to €6,082
- Tax, wage and social debts -€3,260
down €3,260 (-20.2%), from €16,128 to €12,868
of which Taxes: -€5,034
- Taxes +€2,380
up €2,380 (+1,718%), from €139 to €2,519
- Depreciation -€1,880
down €1,880 (-13.9%), from €13,567 to €11,687
- Gross operating margin -€1,414
down €1,414 (-3.5%), from €40,162 to €38,748
- Staff costs -€759
down €759 (-6.5%), from €11,678 to €10,918
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 | €91,385 | €150,513 | +€59,128 | +64.7% |
| Fixed assets | 21/28 | €32,515 | €82,256 | +€49,741 | +153% |
| Tangible fixed assets | 22/27 | €32,515 | €82,256 | +€49,741 | +153% |
| Land and buildings | 22 | €23,964 | €18,201 | -€5,764 | -24.1% |
| Plant, machinery and equipment | 23 | €7,493 | €8,464 | +€971 | +13.0% |
| Furniture and vehicles | 24 | €1,057 | €55,591 | +€54,534 | +5,157% |
| Current assets | 29/58 | €58,870 | €68,257 | +€9,387 | +15.9% |
| Stocks and contracts in progress | 3 | €7,290 | €7,290 | = | 0.0% |
| Stocks | 30/36 | €7,290 | €7,290 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,819 | €23,672 | +€10,852 | +84.7% |
| Trade receivables | 40 | €1,895 | - | -€1,895 | |
| Other amounts receivable | 41 | €10,925 | €23,672 | +€12,747 | +117% |
| Cash at bank and in hand | 54/58 | €38,761 | €25,296 | -€13,465 | -34.7% |
| Deferred charges and accrued income | 490/1 | - | €12,000 | +€12,000 | |
| Total equity and liabilities | 10/49 | €91,385 | €150,513 | +€59,128 | +64.7% |
| Equity | 10/15 | €62,183 | €72,816 | +€10,634 | +17.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €42,622 | €42,622 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €40,762 | €40,762 | = | 0.0% |
| Profit (loss) carried forward | 14 | €961 | €11,595 | +€10,634 | +1,107% |
| Amounts payable | 17/49 | €29,203 | €77,697 | +€48,494 | +166% |
| Amounts payable after more than one year | 17 | - | €46,759 | +€46,759 | |
| Financial debts | 170/4 | - | €46,759 | +€46,759 | |
| Amounts payable within one year | 42/48 | €29,203 | €30,937 | +€1,735 | +5.9% |
| Current portion of amounts payable after more than one year | 42 | - | €9,669 | +€9,669 | |
| Trade debts | 44 | €12,125 | €6,082 | -€6,042 | -49.8% |
| Suppliers | 440/4 | €12,125 | €6,082 | -€6,042 | -49.8% |
| Advances received on contracts in progress | 46 | €950 | €2,318 | +€1,368 | +144% |
| Taxes, remuneration and social security | 45 | €16,128 | €12,868 | -€3,260 | -20.2% |
| Taxes | 450/3 | €10,609 | €5,575 | -€5,034 | -47.4% |
| Remuneration and social security | 454/9 | €5,519 | €7,293 | +€1,774 | +32.1% |
| Remuneration, social security and pensions | 62 | €11,678 | €10,918 | -€759 | -6.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,567 | €11,687 | -€1,880 | -13.9% |
| Other operating charges | 640/8 | €1,932 | €1,962 | +€30 | +1.6% |
| Gross operating margin | 9900 | €40,162 | €38,748 | -€1,414 | -3.5% |
| Operating profit (loss) | 9901 | €12,986 | €14,180 | +€1,195 | +9.2% |
| Financial income | 75/76B | €42 | €25 | -€17 | -39.7% |
| Recurring financial income | 75 | €42 | €25 | -€17 | -39.7% |
| Financial charges | 65/66B | €1,402 | €1,053 | -€349 | -24.9% |
| Recurring financial charges | 65 | €1,402 | €1,053 | -€349 | -24.9% |
| Profit (loss) for the period before taxes | 9903 | €11,626 | €13,153 | +€1,527 | +13.1% |
| Income taxes | 67/77 | €139 | €2,519 | +€2,380 | +1,718% |
| Profit (loss) for the period | 9904 | €11,487 | €10,634 | -€853 | -7.4% |
| Profit (loss) for the period to be appropriated | 9905 | €11,487 | €10,634 | -€853 | -7.4% |
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 18 October 2026 via checked.be.