VAN DER JEUGT: what changed
What changed
VAN DER JEUGT
NACE 10.111, Manufacture of food products
filed annual accounts (NBB)
Net result for the year
€177,573
2024 · €91,195+€86,378
Equity
€2.5m
2024 · €2.3m+€177,573
Cash
€283,469
2024 · €575,739-€292,269
Balance sheet total
€4.3m
2024 · €4.9m-€535,249
Largest movements
Assets
- Receivables within one year -€599,812
down €599,812 (-39.3%), from €1.5m to €926,803
of which Trade receivables: -€597,161
- Stocks and contracts +€424,757
up €424,757 (+19.3%), from €2.2m to €2.6m
- Cash -€292,269
down €292,269 (-50.8%), from €575,739 to €283,469
mainly Short-term financial debts (-€588,307) and Stocks and contracts (-€424,757)
- Tangible fixed assets -€67,713
down €67,713 (-12.0%), from €563,778 to €496,065
of which Land and buildings: -€43,172
Equity and liabilities
- Short-term financial debts -€588,307
down €588,307 (-26.7%), from €2.2m to €1.6m
of which Credit institutions: -€588,307
- Reserves +€177,573
up €177,573 (+8.2%), from €2.2m to €2.3m
of which Distributable reserves: +€180,548
- Debts after one year -€62,000
down €62,000 (-44.2%), from €140,166 to €78,166
Income statement
- Other operating charges -€124,547
down €124,547 (-92.6%), from €134,439 to €9,891
- Gross operating margin -€89,348
down €89,348 (-12.0%), from €743,863 to €654,515
- Financial charges -€48,269
down €48,269 (-36.4%), from €132,559 to €84,290
- Taxes +€28,666
up €28,666 (+101%), from €28,437 to €57,102
- Staff costs -€24,563
down €24,563 (-8.7%), from €281,968 to €257,405
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.
Result 2024
€91,195
Gross operating margin
-€89,348
Staff costs
+€24,563
Depreciation
+€7,070
Other operating charges
+€124,547
Financial income
-€57
Financial charges
+€48,269
Taxes
-€28,666
Result 2025
€177,573
raises the resultlowers the result
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.
From operations
+€370,566
Investment
-€2,166
Financing
-€660,669
Cash 2024
€575,739
From operations (derived)
+€370,566
Net result for the year
+€177,573
Depreciation
+€69,879
Stocks and contracts
-€424,757
Receivables within one year
+€599,812
Smaller working-capital items
-€415
Provisions
-€1,532
Trade debts
-€8,631
Tax, wage and social debts
-€5,951
Advances received
-€20,613
Accrued charges and deferred income
-€14,800
Investment (derived)
-€2,166
Investment in fixed assets (net)
-€2,166
Financing
-€660,669
Debts after one year
-€62,000
Current portion of long-term debt
-€10,362
Short-term financial debts
-€588,307
Cash 2025
€283,469
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,876,114 | €4,340,866 | -€535,249 | -11.0% |
| Fixed assets | 21/28 | €563,913 | €496,200 | -€67,713 | -12.0% |
| Tangible fixed assets | 22/27 | €563,778 | €496,065 | -€67,713 | -12.0% |
| Land and buildings | 22 | €493,068 | €449,896 | -€43,172 | -8.8% |
| Plant, machinery and equipment | 23 | €30,690 | €19,981 | -€10,709 | -34.9% |
| Furniture and vehicles | 24 | €40,019 | €26,188 | -€13,832 | -34.6% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €4,312,201 | €3,844,666 | -€467,535 | -10.8% |
| Stocks and contracts in progress | 3 | €2,204,728 | €2,629,485 | +€424,757 | +19.3% |
| Stocks | 30/36 | €2,204,728 | €2,629,485 | +€424,757 | +19.3% |
| Amounts receivable within one year | 40/41 | €1,526,615 | €926,803 | -€599,812 | -39.3% |
| Trade receivables | 40 | €1,520,328 | €923,168 | -€597,161 | -39.3% |
| Other amounts receivable | 41 | €6,287 | €3,635 | -€2,652 | -42.2% |
| Cash at bank and in hand | 54/58 | €575,739 | €283,469 | -€292,269 | -50.8% |
| Deferred charges and accrued income | 490/1 | €5,119 | €4,909 | -€210 | -4.1% |
| Total equity and liabilities | 10/49 | €4,876,114 | €4,340,866 | -€535,249 | -11.0% |
| Equity | 10/15 | €2,287,043 | €2,464,616 | +€177,573 | +7.8% |
| Contributions | 10/11 | €130,144 | €130,144 | = | 0.0% |
| Reserves | 13 | €2,156,899 | €2,334,472 | +€177,573 | +8.2% |
| Tax-exempt reserves | 132 | €253,407 | €250,432 | -€2,975 | -1.2% |
| Distributable reserves | 133 | €1,903,492 | €2,084,040 | +€180,548 | +9.5% |
| Provisions and deferred taxes | 16 | €15,556 | €14,024 | -€1,532 | -9.8% |
| Deferred taxes | 168 | €15,556 | €14,024 | -€1,532 | -9.8% |
| Amounts payable | 17/49 | €2,573,515 | €1,862,225 | -€711,290 | -27.6% |
| Amounts payable after more than one year | 17 | €140,166 | €78,166 | -€62,000 | -44.2% |
| Financial debts | 170/4 | €140,166 | €78,166 | -€62,000 | -44.2% |
| Amounts payable within one year | 42/48 | €2,411,331 | €1,776,841 | -€634,490 | -26.3% |
| Current portion of amounts payable after more than one year | 42 | €72,362 | €62,000 | -€10,362 | -14.3% |
| Financial debts | 43 | €2,201,762 | €1,613,455 | -€588,307 | -26.7% |
| Credit institutions | 430/8 | €2,106,762 | €1,518,455 | -€588,307 | -27.9% |
| Other loans | 439 | €95,000 | €95,000 | = | 0.0% |
| Trade debts | 44 | €32,118 | €23,487 | -€8,631 | -26.9% |
| Suppliers | 440/4 | €32,118 | €23,487 | -€8,631 | -26.9% |
| Advances received on contracts in progress | 46 | €20,613 | - | -€20,613 | |
| Taxes, remuneration and social security | 45 | €56,412 | €50,461 | -€5,951 | -10.5% |
| Taxes | 450/3 | €19,741 | €19,085 | -€656 | -3.3% |
| Remuneration and social security | 454/9 | €36,670 | €31,375 | -€5,295 | -14.4% |
| Other amounts payable | 47/48 | €28,064 | €27,439 | -€625 | -2.2% |
| Accrued charges and deferred income | 492/3 | €22,019 | €7,218 | -€14,800 | -67.2% |
| Remuneration, social security and pensions | 62 | €281,968 | €257,405 | -€24,563 | -8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,949 | €69,879 | -€7,070 | -9.2% |
| Other operating charges | 640/8 | €134,439 | €9,891 | -€124,547 | -92.6% |
| Gross operating margin | 9900 | €743,863 | €654,515 | -€89,348 | -12.0% |
| Operating profit (loss) | 9901 | €250,507 | €317,340 | +€66,833 | +26.7% |
| Financial income | 75/76B | €151 | €94 | -€57 | -37.7% |
| Recurring financial income | 75 | €151 | €94 | -€57 | -37.7% |
| Financial charges | 65/66B | €132,559 | €84,290 | -€48,269 | -36.4% |
| Recurring financial charges | 65 | €132,559 | €84,290 | -€48,269 | -36.4% |
| Profit (loss) for the period before taxes | 9903 | €118,100 | €233,144 | +€115,044 | +97.4% |
| Transfer from deferred taxes | 780 | €1,532 | €1,532 | = | 0.0% |
| Income taxes | 67/77 | €28,437 | €57,102 | +€28,666 | +101% |
| Profit (loss) for the period | 9904 | €91,195 | €177,573 | +€86,378 | +94.7% |
| Transfer from tax-exempt reserves | 789 | €2,975 | €2,975 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €94,170 | €180,548 | +€86,378 | +91.7% |
Next steps
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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 4 November 2026 via checked.be.