VAN DEN EYNDE: 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 EYNDE
Largest movements
- Tangible fixed assets -€36,123
down €36,123 (-27.2%), from €132,709 to €96,587
of which Furniture and vehicles: -€18,658
- Cash +€30,628
up €30,628 (+16.6%), from €184,842 to €215,471
mainly Depreciation (+€40,279) and Other debts (+€11,397)
- Receivables within one year +€12,208
up €12,208 (+24.6%), from €49,713 to €61,921
of which Trade receivables: +€11,793
- Tax, wage and social debts -€16,533
down €16,533 (-91.1%), from €18,140 to €1,607
of which Remuneration and social security: -€8,354
- Other debts +€11,397
up €11,397 (+63.4%), from €17,968 to €29,365
- Trade debts +€9,672
up €9,672 (+50.7%), from €19,071 to €28,744
- Gross operating margin -€20,016
down €20,016 (-30.1%), from €66,534 to €46,518
- Taxes -€4,591
down €4,591 (-69.8%), from €6,582 to €1,991
- Other operating charges -€1,091
down €1,091 (-41.6%), from €2,622 to €1,531
- Depreciation -€817
down €817 (-2.0%), from €41,096 to €40,279
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 | €369,866 | €377,050 | +€7,184 | +1.9% |
| Fixed assets | 21/28 | €132,709 | €96,587 | -€36,123 | -27.2% |
| Tangible fixed assets | 22/27 | €132,709 | €96,587 | -€36,123 | -27.2% |
| Land and buildings | 22 | €22,313 | €15,059 | -€7,254 | -32.5% |
| Plant, machinery and equipment | 23 | €3,170 | €3,913 | +€743 | +23.4% |
| Furniture and vehicles | 24 | €72,980 | €54,321 | -€18,658 | -25.6% |
| Other tangible fixed assets | 26 | €34,246 | €23,293 | -€10,954 | -32.0% |
| Current assets | 29/58 | €237,157 | €280,464 | +€43,307 | +18.3% |
| Amounts receivable within one year | 40/41 | €49,713 | €61,921 | +€12,208 | +24.6% |
| Trade receivables | 40 | €26,294 | €38,087 | +€11,793 | +44.8% |
| Other amounts receivable | 41 | €23,418 | €23,834 | +€415 | +1.8% |
| Cash at bank and in hand | 54/58 | €184,842 | €215,471 | +€30,628 | +16.6% |
| Deferred charges and accrued income | 490/1 | €2,602 | €3,072 | +€470 | +18.1% |
| Total equity and liabilities | 10/49 | €369,866 | €377,050 | +€7,184 | +1.9% |
| Equity | 10/15 | €308,687 | €311,335 | +€2,647 | +0.9% |
| Contributions | 10/11 | €143,676 | €143,676 | = | 0.0% |
| Capital | 10 | €143,676 | €143,676 | = | 0.0% |
| Issued capital | 100 | €143,676 | €143,676 | = | 0.0% |
| Reserves | 13 | €165,012 | €167,659 | +€2,647 | +1.6% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Tax-exempt reserves | 132 | €38,002 | €38,002 | = | 0.0% |
| Distributable reserves | 133 | €119,573 | €122,220 | +€2,647 | +2.2% |
| Amounts payable | 17/49 | €61,179 | €65,715 | +€4,536 | +7.4% |
| Amounts payable after more than one year | 17 | €6,000 | €6,000 | = | 0.0% |
| Other amounts payable | 178/9 | €6,000 | €6,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €55,179 | €59,715 | +€4,536 | +8.2% |
| Trade debts | 44 | €19,071 | €28,744 | +€9,672 | +50.7% |
| Suppliers | 440/4 | €19,071 | €28,744 | +€9,672 | +50.7% |
| Taxes, remuneration and social security | 45 | €18,140 | €1,607 | -€16,533 | -91.1% |
| Taxes | 450/3 | €9,786 | €1,607 | -€8,179 | -83.6% |
| Remuneration and social security | 454/9 | €8,354 | - | -€8,354 | |
| Other amounts payable | 47/48 | €17,968 | €29,365 | +€11,397 | +63.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,096 | €40,279 | -€817 | -2.0% |
| Other operating charges | 640/8 | €2,622 | €1,531 | -€1,091 | -41.6% |
| Gross operating margin | 9900 | €66,534 | €46,518 | -€20,016 | -30.1% |
| Operating profit (loss) | 9901 | €22,817 | €4,709 | -€18,108 | -79.4% |
| Financial charges | 65/66B | €74 | €70 | -€3 | -4.2% |
| Recurring financial charges | 65 | €74 | €70 | -€3 | -4.2% |
| Profit (loss) for the period before taxes | 9903 | €22,743 | €4,638 | -€18,105 | -79.6% |
| Income taxes | 67/77 | €6,582 | €1,991 | -€4,591 | -69.8% |
| Profit (loss) for the period | 9904 | €16,162 | €2,647 | -€13,514 | -83.6% |
| Profit (loss) for the period to be appropriated | 9905 | €16,162 | €2,647 | -€13,514 | -83.6% |
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.