Van den Eynde P.: 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 P.
Largest movements
- Tangible fixed assets -€10,616
down €10,616 (-10.3%), from €103,552 to €92,936
of which Land and buildings: -€5,616
- Cash +€4,847
up €4,847 (+50.9%), from €9,530 to €14,376
mainly Depreciation (+€10,616) and Net result for the year (+€8,964)
- Receivables within one year +€2,300
up €2,300 (+26.9%), from €8,553 to €10,853
of which Trade receivables: +€5,097
- Debts after one year -€14,926
down €14,926 (-20.5%), from €72,912 to €57,986
of which Financial debts: -€14,926
- Reserves +€8,964
up €8,964 (+378%), from €2,371 to €11,335
- Other debts +€2,925
up €2,925 (+34.5%), from €8,469 to €11,394
- Tax, wage and social debts -€2,032
down €2,032 (-86.3%), from €2,353 to €321
- Gross operating margin +€22,912
up €22,912 (+358%), from €6,394 to €29,305
- Other operating charges +€5,829
up €5,829 (+1,154%), from €505 to €6,334
- Depreciation +€2,404
up €2,404 (+29.3%), from €8,211 to €10,616
- Taxes +€1,818
new in 2025: €1,818
- Financial charges -€299
down €299 (-16.0%), from €1,872 to €1,573
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 | €121,794 | €118,248 | -€3,546 | -2.9% |
| Fixed assets | 21/28 | €103,552 | €92,936 | -€10,616 | -10.3% |
| Tangible fixed assets | 22/27 | €103,552 | €92,936 | -€10,616 | -10.3% |
| Land and buildings | 22 | €81,148 | €75,532 | -€5,616 | -6.9% |
| Plant, machinery and equipment | 23 | €22,404 | €17,404 | -€5,000 | -22.3% |
| Current assets | 29/58 | €18,242 | €25,311 | +€7,069 | +38.8% |
| Amounts receivable within one year | 40/41 | €8,553 | €10,853 | +€2,300 | +26.9% |
| Trade receivables | 40 | €1,815 | €6,912 | +€5,097 | +281% |
| Other amounts receivable | 41 | €6,738 | €3,941 | -€2,797 | -41.5% |
| Cash at bank and in hand | 54/58 | €9,530 | €14,376 | +€4,847 | +50.9% |
| Deferred charges and accrued income | 490/1 | €160 | €82 | -€77 | -48.5% |
| Total equity and liabilities | 10/49 | €121,794 | €118,248 | -€3,546 | -2.9% |
| Equity | 10/15 | €20,971 | €29,935 | +€8,964 | +42.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,371 | €11,335 | +€8,964 | +378% |
| Distributable reserves | 133 | €2,371 | €11,335 | +€8,964 | +378% |
| Amounts payable | 17/49 | €100,823 | €88,313 | -€12,510 | -12.4% |
| Amounts payable after more than one year | 17 | €72,912 | €57,986 | -€14,926 | -20.5% |
| Financial debts | 170/4 | €44,224 | €29,298 | -€14,926 | -33.8% |
| Other amounts payable | 178/9 | €28,689 | €28,689 | = | 0.0% |
| Amounts payable within one year | 42/48 | €27,911 | €30,326 | +€2,416 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | €14,501 | €14,896 | +€395 | +2.7% |
| Trade debts | 44 | €2,587 | €3,715 | +€1,128 | +43.6% |
| Suppliers | 440/4 | €2,587 | €3,715 | +€1,128 | +43.6% |
| Taxes, remuneration and social security | 45 | €2,353 | €321 | -€2,032 | -86.3% |
| Taxes | 450/3 | €2,353 | €321 | -€2,032 | -86.3% |
| Other amounts payable | 47/48 | €8,469 | €11,394 | +€2,925 | +34.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,211 | €10,616 | +€2,404 | +29.3% |
| Other operating charges | 640/8 | €505 | €6,334 | +€5,829 | +1,154% |
| Gross operating margin | 9900 | €6,394 | €29,305 | +€22,912 | +358% |
| Operating profit (loss) | 9901 | -€2,323 | €12,355 | +€14,678 | |
| Financial income | 75/76B | - | €0 | = | |
| Recurring financial income | 75 | - | €0 | = | |
| Financial charges | 65/66B | €1,872 | €1,573 | -€299 | -16.0% |
| Recurring financial charges | 65 | €1,872 | €1,573 | -€299 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,195 | €10,782 | +€14,977 | |
| Income taxes | 67/77 | - | €1,818 | +€1,818 | |
| Profit (loss) for the period | 9904 | -€4,195 | €8,964 | +€13,159 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,195 | €8,964 | +€13,159 |
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 30 October 2026 via checked.be.