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
- Cash +€34,516
up €34,516 (+92.1%), from €37,465 to €71,982
mainly Net result for the year (+€58,072) and Receivables within one year (+€28,967)
- Receivables within one year -€28,967
down €28,967 (-91.0%), from €31,839 to €2,871
of which Trade receivables: -€30,681
- Profit (loss) carried forward +€58,072
up €58,072 (+86.7%), from €66,963 to €125,035
- Debts after one year -€46,927
down €46,927 (-13.8%), from €341,238 to €294,311
- Tax, wage and social debts -€16,693
down €16,693 (-51.8%), from €32,249 to €15,556
of which Remuneration and social security: -€9,341
- Gross operating margin -€11,399
down €11,399 (-10.1%), from €112,980 to €101,581
- Financial charges +€5,877
up €5,877 (+104.3%), from €5,633 to €11,509
- Depreciation -€5,196
down €5,196 (-37.3%), from €13,947 to €8,750
- Taxes -€2,684
down €2,684 (-11.7%), from €22,982 to €20,298
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 | €795,127 | €796,049 | +€923 | +0.1% |
| Fixed assets | 21/28 | €724,380 | €719,750 | -€4,630 | -0.6% |
| Tangible fixed assets | 22/27 | €24,380 | €19,750 | -€4,630 | -19.0% |
| Plant, machinery and equipment | 23 | €668 | €348 | -€320 | -47.9% |
| Furniture and vehicles | 24 | €23,712 | €19,402 | -€4,310 | -18.2% |
| Financial fixed assets | 28 | €700,000 | €700,000 | = | 0.0% |
| Current assets | 29/58 | €70,747 | €76,300 | +€5,553 | +7.8% |
| Amounts receivable within one year | 40/41 | €31,839 | €2,871 | -€28,967 | -91.0% |
| Trade receivables | 40 | €31,809 | €1,128 | -€30,681 | -96.5% |
| Other amounts receivable | 41 | €30 | €1,743 | +€1,713 | +5770.8% |
| Cash at bank and in hand | 54/58 | €37,465 | €71,982 | +€34,516 | +92.1% |
| Deferred charges and accrued income | 490/1 | €1,443 | €1,447 | +€4 | +0.3% |
| Total equity and liabilities | 10/49 | €795,127 | €796,049 | +€923 | +0.1% |
| Equity | 10/15 | €327,622 | €385,693 | +€58,072 | +17.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €254,459 | €254,459 | = | 0.0% |
| Distributable reserves | 133 | €254,459 | €254,459 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66,963 | €125,035 | +€58,072 | +86.7% |
| Amounts payable | 17/49 | €467,505 | €410,356 | -€57,149 | -12.2% |
| Amounts payable after more than one year | 17 | €341,238 | €294,311 | -€46,927 | -13.8% |
| Financial debts | 170/4 | €341,238 | €294,311 | -€46,927 | -13.8% |
| Amounts payable within one year | 42/48 | €126,267 | €116,045 | -€10,222 | -8.1% |
| Current portion of amounts payable after more than one year | 42 | €45,316 | €46,927 | +€1,611 | +3.6% |
| Trade debts | 44 | €758 | €717 | -€41 | -5.4% |
| Suppliers | 440/4 | €758 | €717 | -€41 | -5.4% |
| Taxes, remuneration and social security | 45 | €32,249 | €15,556 | -€16,693 | -51.8% |
| Taxes | 450/3 | €22,909 | €15,556 | -€7,353 | -32.1% |
| Remuneration and social security | 454/9 | €9,341 | €0 | -€9,341 | -100.0% |
| Other amounts payable | 47/48 | €47,943 | €52,845 | +€4,902 | +10.2% |
| Remuneration, social security and pensions | 62 | €350 | €0 | -€350 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,947 | €8,750 | -€5,196 | -37.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €356 | +€356 | |
| Other operating charges | 640/8 | €3,110 | €2,596 | -€514 | -16.5% |
| Gross operating margin | 9900 | €112,980 | €101,581 | -€11,399 | -10.1% |
| Operating profit (loss) | 9901 | €95,573 | €89,879 | -€5,694 | -6.0% |
| Financial income | 75/76B | €4 | €0 | -€4 | -100.0% |
| Recurring financial income | 75 | €4 | €0 | -€4 | -100.0% |
| Financial charges | 65/66B | €5,633 | €11,509 | +€5,877 | +104.3% |
| Recurring financial charges | 65 | €5,633 | €11,509 | +€5,877 | +104.3% |
| Profit (loss) for the period before taxes | 9903 | €89,945 | €78,370 | -€11,575 | -12.9% |
| Income taxes | 67/77 | €22,982 | €20,298 | -€2,684 | -11.7% |
| Profit (loss) for the period | 9904 | €66,963 | €58,072 | -€8,891 | -13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €66,963 | €58,072 | -€8,891 | -13.3% |
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 12 October 2026 via checked.be.