VAN DEN EYNDE CINDY: 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 CINDY
Largest movements
- Tangible fixed assets -€28,652
down €28,652 (-13.6%), from €210,772 to €182,120
of which Leasing and similar rights: -€16,434
- Intangible fixed assets -€18,000
down €18,000 (-25.0%), from €72,000 to €54,000
- Cash -€4,395
down €4,395 (-22.1%), from €19,891 to €15,496
mainly Debts after one year (-€33,579) and Net result for the year (-€19,612)
- Debts after one year -€33,579
down €33,579 (-17.2%), from €195,407 to €161,828
- Profit (loss) carried forward -€19,612
down €19,612 (-32.7%), from €59,990 to €40,378
- Turnover -€293,461
no longer reported in 2025 (was €293,461)
- Purchases and services -€263,478
no longer reported in 2025 (was €263,478)
- Gross operating margin -€75,450
down €75,450 (-66.0%), from €114,301 to €38,851
- Staff costs -€18,775
down €18,775 (-97.2%), from €19,306 to €531
- Depreciation +€11,958
up €11,958 (+34.5%), from €34,694 to €46,652
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 | €318,523 | €268,963 | -€49,560 | -15.6% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €287,973 | €241,321 | -€46,652 | -16.2% |
| Intangible fixed assets | 21 | €72,000 | €54,000 | -€18,000 | -25.0% |
| Tangible fixed assets | 22/27 | €210,772 | €182,120 | -€28,652 | -13.6% |
| Land and buildings | 22 | €73,238 | €68,238 | -€5,000 | -6.8% |
| Plant, machinery and equipment | 23 | €57,447 | €50,919 | -€6,528 | -11.4% |
| Furniture and vehicles | 24 | €3,005 | €2,315 | -€690 | -23.0% |
| Leasing and similar rights | 25 | €77,082 | €60,648 | -€16,434 | -21.3% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €5,201 | €5,201 | = | 0.0% |
| Current assets | 29/58 | €30,550 | €27,642 | -€2,908 | -9.5% |
| Stocks and contracts in progress | 3 | €910 | €1,723 | +€813 | +89.3% |
| Stocks | 30/36 | €910 | €1,723 | +€813 | +89.3% |
| Amounts receivable within one year | 40/41 | €9,632 | €9,214 | -€418 | -4.3% |
| Trade receivables | 40 | €1,704 | €3,248 | +€1,543 | +90.6% |
| Other amounts receivable | 41 | €7,928 | €5,966 | -€1,961 | -24.7% |
| Cash at bank and in hand | 54/58 | €19,891 | €15,496 | -€4,395 | -22.1% |
| Deferred charges and accrued income | 490/1 | €117 | €1,208 | +€1,092 | +936% |
| Total equity and liabilities | 10/49 | €318,523 | €268,963 | -€49,560 | -15.6% |
| Equity | 10/15 | €80,450 | €60,838 | -€19,612 | -24.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €59,990 | €40,378 | -€19,612 | -32.7% |
| Amounts payable | 17/49 | €238,074 | €208,125 | -€29,949 | -12.6% |
| Amounts payable after more than one year | 17 | €195,407 | €161,828 | -€33,579 | -17.2% |
| Financial debts | 170/4 | €195,407 | €161,828 | -€33,579 | -17.2% |
| Amounts payable within one year | 42/48 | €42,667 | €46,297 | +€3,630 | +8.5% |
| Current portion of amounts payable after more than one year | 42 | €31,203 | €33,579 | +€2,375 | +7.6% |
| Trade debts | 44 | €9,941 | €11,297 | +€1,356 | +13.6% |
| Suppliers | 440/4 | €9,941 | €11,297 | +€1,356 | +13.6% |
| Taxes, remuneration and social security | 45 | €1,522 | €0 | -€1,522 | -100% |
| Taxes | 450/3 | €1,522 | €0 | -€1,522 | -100% |
| Other amounts payable | 47/48 | - | €1,421 | +€1,421 | |
| Turnover | 70 | €293,461 | - | -€293,461 | |
| Non-recurring operating income | 76A | €55,505 | €0 | -€55,505 | -100% |
| Goods, raw materials, services and sundry goods | 60/61 | €263,478 | - | -€263,478 | |
| Remuneration, social security and pensions | 62 | €19,306 | €531 | -€18,775 | -97.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,694 | €46,652 | +€11,958 | +34.5% |
| Other operating charges | 640/8 | €11,462 | €1,270 | -€10,192 | -88.9% |
| Gross operating margin | 9900 | €114,301 | €38,851 | -€75,450 | -66.0% |
| Operating profit (loss) | 9901 | €48,839 | -€9,603 | -€58,442 | |
| Financial income | 75/76B | €826 | €243 | -€583 | -70.6% |
| Recurring financial income | 75 | €826 | €243 | -€583 | -70.6% |
| Financial charges | 65/66B | €16,026 | €10,252 | -€5,774 | -36.0% |
| Recurring financial charges | 65 | €16,026 | €10,252 | -€5,774 | -36.0% |
| Profit (loss) for the period before taxes | 9903 | €33,639 | -€19,612 | -€53,251 | |
| Income taxes | 67/77 | €5,548 | €0 | -€5,548 | -100% |
| Profit (loss) for the period | 9904 | €28,091 | -€19,612 | -€47,702 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,091 | -€19,612 | -€47,702 |
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 1 November 2026 via checked.be.