VAN DEN BULCKE PASCAL: 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 BULCKE PASCAL
Largest movements
- Cash +€11,116
up €11,116, from €0 to €11,116
mainly Net result for the year (+€18,734) and Tax, wage and social debts (+€1,932)
- Receivables within one year +€9,922
up €9,922 (+217%), from €4,572 to €14,494
of which Trade receivables: +€12,485
- Tangible fixed assets -€1,326
down €1,326 (-17.5%), from €7,584 to €6,258
of which Plant, machinery and equipment: -€1,047
- Profit (loss) carried forward +€18,734
up €18,734, from -€17,740 to €994
- Tax, wage and social debts +€1,932
up €1,932 (+1,756,418%), from €0 to €1,932
- Trade debts -€1,134
down €1,134 (-100%), from €1,134 to €0
- Other debts +€486
up €486 (+52.1%), from €933 to €1,419
- Gross operating margin +€29,758
up €29,758, from -€6,302 to €23,457
- Taxes +€2,174
up €2,174 (+28,947%), from €8 to €2,181
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 | €12,301 | €32,095 | +€19,794 | +161% |
| Fixed assets | 21/28 | €7,721 | €6,395 | -€1,326 | -17.2% |
| Tangible fixed assets | 22/27 | €7,584 | €6,258 | -€1,326 | -17.5% |
| Land and buildings | 22 | €835 | €557 | -€279 | -33.3% |
| Plant, machinery and equipment | 23 | €6,748 | €5,701 | -€1,047 | -15.5% |
| Furniture and vehicles | 24 | €0 | €0 | = | 0.0% |
| Financial fixed assets | 28 | €137 | €137 | = | 0.0% |
| Current assets | 29/58 | €4,580 | €25,700 | +€21,120 | +461% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €4,572 | €14,494 | +€9,922 | +217% |
| Trade receivables | 40 | €487 | €12,972 | +€12,485 | +2,562% |
| Other amounts receivable | 41 | €4,085 | €1,522 | -€2,563 | -62.8% |
| Cash at bank and in hand | 54/58 | €0 | €11,116 | +€11,116 | |
| Deferred charges and accrued income | 490/1 | €8 | €90 | +€82 | +1,007% |
| Total equity and liabilities | 10/49 | €12,301 | €32,095 | +€19,794 | +161% |
| Equity | 10/15 | €10,010 | €28,744 | +€18,734 | +187% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €9,150 | €9,150 | = | 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% |
| Tax-exempt reserves | 132 | €2,044 | €2,044 | = | 0.0% |
| Distributable reserves | 133 | €5,246 | €5,246 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,740 | €994 | +€18,734 | |
| Amounts payable | 17/49 | €2,291 | €3,351 | +€1,060 | +46.3% |
| Amounts payable within one year | 42/48 | €2,291 | €3,351 | +€1,060 | +46.3% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | €224 | €0 | -€224 | -100% |
| Credit institutions | 430/8 | €224 | €0 | -€224 | -100% |
| Trade debts | 44 | €1,134 | €0 | -€1,134 | -100% |
| Suppliers | 440/4 | €1,134 | €0 | -€1,134 | -100% |
| Taxes, remuneration and social security | 45 | €0 | €1,932 | +€1,932 | +1,756,418% |
| Taxes | 450/3 | €0 | €1,932 | +€1,932 | +1,756,418% |
| Other amounts payable | 47/48 | €933 | €1,419 | +€486 | +52.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,326 | €1,326 | +€0 | 0.0% |
| Other operating charges | 640/8 | €742 | €851 | +€109 | +14.7% |
| Gross operating margin | 9900 | -€6,302 | €23,457 | +€29,758 | |
| Operating profit (loss) | 9901 | -€8,369 | €21,280 | +€29,649 | |
| Financial income | 75/76B | €9 | €0 | -€9 | -100% |
| Recurring financial income | 75 | €9 | €0 | -€9 | -100% |
| Financial charges | 65/66B | €326 | €365 | +€39 | +12.0% |
| Recurring financial charges | 65 | €326 | €365 | +€39 | +12.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,686 | €20,915 | +€29,601 | |
| Income taxes | 67/77 | €8 | €2,181 | +€2,174 | +28,947% |
| Profit (loss) for the period | 9904 | -€8,694 | €18,734 | +€27,428 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,694 | €18,734 | +€27,428 |
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.