Van den Eynde Management: what changed
Van den Eynde Management
Largest movements
- Current investments +€71,112
up €71,112 (+38.9%), from €183,004 to €254,116
- Tangible fixed assets +€18,144
up €18,144 (+42.0%), from €43,169 to €61,313
of which Leasing and similar rights: +€48,569
- Cash +€17,243
up €17,243 (+39.0%), from €44,181 to €61,423
mainly Net result for the year (+€76,415) and Debts after one year (+€36,783)
- Receivables within one year +€16,543
up €16,543 (+92.4%), from €17,907 to €34,450
of which Other amounts receivable: +€14,600
- Reserves +€76,415
up €76,415 (+28.4%), from €269,142 to €345,557
of which Distributable reserves: +€76,415
- Debts after one year +€36,783
new in 2025: €36,783
- Current portion of long-term debt +€11,305
new in 2025: €11,305
- Gross operating margin -€21,175
down €21,175 (-16.6%), from €127,259 to €106,084
- Financial income +€8,900
up €8,900 (+128%), from €6,962 to €15,863
- Taxes -€7,356
down €7,356 (-19.9%), from €36,963 to €29,608
- Depreciation -€1,976
down €1,976 (-50.6%), from €3,906 to €1,929
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €289,615 | €413,356 | +€123,741 | +42.7% |
| Fixed assets | 21/28 | €43,169 | €61,313 | +€18,144 | +42.0% |
| Tangible fixed assets | 22/27 | €43,169 | €61,313 | +€18,144 | +42.0% |
| Land and buildings | 22 | €9,524 | €9,115 | -€409 | -4.3% |
| Plant, machinery and equipment | 23 | €4,701 | €3,629 | -€1,072 | -22.8% |
| Furniture and vehicles | 24 | €28,944 | €0 | -€28,944 | -100% |
| Leasing and similar rights | 25 | - | €48,569 | +€48,569 | |
| Current assets | 29/58 | €246,446 | €352,043 | +€105,597 | +42.8% |
| Amounts receivable within one year | 40/41 | €17,907 | €34,450 | +€16,543 | +92.4% |
| Trade receivables | 40 | €17,907 | €19,850 | +€1,943 | +10.9% |
| Other amounts receivable | 41 | - | €14,600 | +€14,600 | |
| Current investments | 50/53 | €183,004 | €254,116 | +€71,112 | +38.9% |
| Cash at bank and in hand | 54/58 | €44,181 | €61,423 | +€17,243 | +39.0% |
| Deferred charges and accrued income | 490/1 | €1,354 | €2,053 | +€699 | +51.6% |
| Total equity and liabilities | 10/49 | €289,615 | €413,356 | +€123,741 | +42.7% |
| Equity | 10/15 | €275,490 | €351,905 | +€76,415 | +27.7% |
| Contributions | 10/11 | €6,347 | €6,347 | = | 0.0% |
| Reserves | 13 | €269,142 | €345,557 | +€76,415 | +28.4% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €267,283 | €343,698 | +€76,415 | +28.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €14,126 | €61,451 | +€47,325 | +335% |
| Amounts payable after more than one year | 17 | - | €36,783 | +€36,783 | |
| Financial debts | 170/4 | - | €36,783 | +€36,783 | |
| Amounts payable within one year | 42/48 | €14,126 | €24,668 | +€10,542 | +74.6% |
| Current portion of amounts payable after more than one year | 42 | - | €11,305 | +€11,305 | |
| Trade debts | 44 | €561 | €2,892 | +€2,331 | +416% |
| Suppliers | 440/4 | €561 | €2,892 | +€2,331 | +416% |
| Taxes, remuneration and social security | 45 | €13,565 | €10,470 | -€3,095 | -22.8% |
| Taxes | 450/3 | €13,565 | €10,470 | -€3,095 | -22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,906 | €1,929 | -€1,976 | -50.6% |
| Other operating charges | 640/8 | €1,206 | €722 | -€484 | -40.1% |
| Non-recurring operating charges | 66A | - | €11,444 | +€11,444 | |
| Gross operating margin | 9900 | €127,259 | €106,084 | -€21,175 | -16.6% |
| Operating profit (loss) | 9901 | €122,147 | €91,989 | -€30,158 | -24.7% |
| Financial income | 75/76B | €6,962 | €15,863 | +€8,900 | +128% |
| Recurring financial income | 75 | €6,962 | €15,863 | +€8,900 | +128% |
| Financial charges | 65/66B | €1,838 | €1,829 | -€9 | -0.5% |
| Recurring financial charges | 65 | €1,838 | €1,829 | -€9 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €127,272 | €106,023 | -€21,249 | -16.7% |
| Income taxes | 67/77 | €36,963 | €29,608 | -€7,356 | -19.9% |
| Profit (loss) for the period | 9904 | €90,309 | €76,415 | -€13,894 | -15.4% |
| Profit (loss) for the period to be appropriated | 9905 | €90,309 | €76,415 | -€13,894 | -15.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.