Van den Ecker-Goovaerts: 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 Ecker-Goovaerts
Largest movements
- Tangible fixed assets -€19,716
down €19,716 (-6.2%), from €317,323 to €297,607
of which Land and buildings: -€15,156
- Stocks and contracts -€12,735
down €12,735 (-67.1%), from €18,982 to €6,247
- Intangible fixed assets -€3,870
down €3,870 (-27.3%), from €14,189 to €10,320
- Debts after one year -€19,189
down €19,189 (-6.1%), from €316,293 to €297,103
- Profit (loss) carried forward -€15,912
down €15,912 (-79.3%), from €20,062 to €4,151
- Staff costs +€15,687
up €15,687 (+72.8%), from €21,556 to €37,243
- Gross operating margin -€9,178
down €9,178 (-15.1%), from €60,659 to €51,481
- Financial charges -€3,439
down €3,439 (-58.2%), from €5,908 to €2,469
- Taxes -€921
down €921 (-70.8%), from €1,301 to €380
- Depreciation -€817
down €817 (-3.2%), from €25,871 to €25,054
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 | €359,254 | €325,790 | -€33,464 | -9.3% |
| Fixed assets | 21/28 | €333,012 | €309,426 | -€23,586 | -7.1% |
| Intangible fixed assets | 21 | €14,189 | €10,320 | -€3,870 | -27.3% |
| Tangible fixed assets | 22/27 | €317,323 | €297,607 | -€19,716 | -6.2% |
| Land and buildings | 22 | €310,743 | €295,587 | -€15,156 | -4.9% |
| Plant, machinery and equipment | 23 | €3,976 | €1,499 | -€2,476 | -62.3% |
| Furniture and vehicles | 24 | €2,604 | €521 | -€2,083 | -80.0% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €26,242 | €16,364 | -€9,878 | -37.6% |
| Stocks and contracts in progress | 3 | €18,982 | €6,247 | -€12,735 | -67.1% |
| Stocks | 30/36 | €18,982 | €6,247 | -€12,735 | -67.1% |
| Amounts receivable within one year | 40/41 | €4,804 | €7,351 | +€2,547 | +53.0% |
| Trade receivables | 40 | €4,624 | €7,176 | +€2,551 | +55.2% |
| Other amounts receivable | 41 | €179 | €175 | -€4 | -2.2% |
| Cash at bank and in hand | 54/58 | €2,456 | €2,766 | +€309 | +12.6% |
| Total equity and liabilities | 10/49 | €359,254 | €325,790 | -€33,464 | -9.3% |
| Equity | 10/15 | €23,062 | €7,151 | -€15,912 | -69.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,062 | €4,151 | -€15,912 | -79.3% |
| Amounts payable | 17/49 | €336,192 | €318,639 | -€17,553 | -5.2% |
| Amounts payable after more than one year | 17 | €316,293 | €297,103 | -€19,189 | -6.1% |
| Financial debts | 170/4 | €316,293 | €297,103 | -€19,189 | -6.1% |
| Amounts payable within one year | 42/48 | €19,899 | €21,536 | +€1,637 | +8.2% |
| Current portion of amounts payable after more than one year | 42 | €7,160 | €7,434 | +€274 | +3.8% |
| Trade debts | 44 | €2,299 | €3,023 | +€725 | +31.5% |
| Suppliers | 440/4 | €2,299 | €3,023 | +€725 | +31.5% |
| Taxes, remuneration and social security | 45 | €8,378 | €9,203 | +€825 | +9.9% |
| Taxes | 450/3 | €5,029 | €3,057 | -€1,972 | -39.2% |
| Remuneration and social security | 454/9 | €3,349 | €6,146 | +€2,798 | +83.5% |
| Other amounts payable | 47/48 | €2,062 | €1,875 | -€188 | -9.1% |
| Remuneration, social security and pensions | 62 | €21,556 | €37,243 | +€15,687 | +72.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,871 | €25,054 | -€817 | -3.2% |
| Other operating charges | 640/8 | €2,931 | €2,248 | -€683 | -23.3% |
| Gross operating margin | 9900 | €60,659 | €51,481 | -€9,178 | -15.1% |
| Operating profit (loss) | 9901 | €10,301 | -€13,063 | -€23,365 | |
| Financial income | 75/76B | €0 | €1 | +€1 | +886% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +886% |
| Financial charges | 65/66B | €5,908 | €2,469 | -€3,439 | -58.2% |
| Recurring financial charges | 65 | €5,908 | €2,469 | -€3,439 | -58.2% |
| Profit (loss) for the period before taxes | 9903 | €4,393 | -€15,531 | -€19,924 | |
| Income taxes | 67/77 | €1,301 | €380 | -€921 | -70.8% |
| Profit (loss) for the period | 9904 | €3,092 | -€15,912 | -€19,004 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,092 | -€15,912 | -€19,004 |
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 25 October 2026 via checked.be.