VAN dER PLAETSEN CONSTRUCT: what changed
Two fiscal 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.
What changed
VAN dER PLAETSEN CONSTRUCT
NACE 25.110, Manufacture of metal structures and parts of structures
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€614,032
2024 · €931,715-€317,683
Equity
€4.4m
2024 · €4.3m+€144,032
Cash
€163,770
2024 · €1.2m-€1.0m
Balance sheet total
€7.7m
2024 · €8.1m-€320,158
Largest movements
Assets
- Cash -€1.0m
down €1.0m (-86.0%), from €1.2m to €163,770
mainly Debts after one year (-€704,154) and Receivables within one year (-€662,029)
- Receivables within one year +€662,029
up €662,029 (+17.7%), from €3.7m to €4.4m
of which Trade receivables: +€485,541
Equity and liabilities
- Debts after one year -€704,154
down €704,154 (-37.1%), from €1.9m to €1.2m
- Trade debts +€262,357
up €262,357 (+24.3%), from €1.1m to €1.3m
- Reserves +€144,032
up €144,032 (+3.6%), from €4.0m to €4.2m
of which Distributable reserves: +€144,032
Income statement
- Staff costs +€309,666
up €309,666 (+14.5%), from €2.1m to €2.4m
- Taxes -€102,890
down €102,890 (-31.5%), from €326,873 to €223,983
- Gross operating margin -€86,148
down €86,148 (-2.3%), from €3.7m to €3.6m
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.
Result 2024
€931,715
Gross operating margin
-€86,148
Staff costs
-€309,666
Depreciation
+€28,128
Other operating charges
-€4,222
Other operating items
-€21,335
Financial income
-€24,490
Financial charges
-€2,839
Taxes
+€102,890
Result 2025
€614,032
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.
From operations
+€497,626
Investment
-€285,899
Financing
-€1.2m
Cash 2024
€1.2m
From operations (derived)
+€497,626
Net result for the year
+€614,032
Depreciation
+€249,391
Stocks and contracts
-€7,822
Receivables within one year
-€662,029
Deferred charges and accrued income
+€18,395
Trade debts
+€262,357
Tax, wage and social debts
+€19,376
Other debts
+€3,791
Accrued charges and deferred income
+€134
Investment (derived)
-€285,899
Investment in fixed assets (net)
-€285,899
Financing
-€1.2m
Debts after one year
-€704,154
Current portion of long-term debt
-€45,696
Contributions, distributions and other
-€470,000
Cash 2025
€163,770
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,069,281 | €7,749,123 | -€320,158 | -4.0% |
| Fixed assets | 21/28 | €621,739 | €658,247 | +€36,509 | +5.9% |
| Tangible fixed assets | 22/27 | €621,627 | €658,136 | +€36,509 | +5.9% |
| Land and buildings | 22 | €6,046 | €5,576 | -€471 | -7.8% |
| Plant, machinery and equipment | 23 | €430,038 | €360,755 | -€69,282 | -16.1% |
| Furniture and vehicles | 24 | €149,428 | €264,018 | +€114,591 | +76.7% |
| Leasing and similar rights | 25 | €35,737 | €27,481 | -€8,256 | -23.1% |
| Other tangible fixed assets | 26 | €378 | €305 | -€73 | -19.2% |
| Financial fixed assets | 28 | €112 | €112 | = | 0.0% |
| Current assets | 29/58 | €7,447,542 | €7,090,875 | -€356,667 | -4.8% |
| Stocks and contracts in progress | 3 | €180,211 | €188,032 | +€7,822 | +4.3% |
| Stocks | 30/36 | €180,211 | €188,032 | +€7,822 | +4.3% |
| Amounts receivable within one year | 40/41 | €3,746,985 | €4,409,014 | +€662,029 | +17.7% |
| Trade receivables | 40 | €3,022,389 | €3,507,930 | +€485,541 | +16.1% |
| Other amounts receivable | 41 | €724,595 | €901,083 | +€176,488 | +24.4% |
| Cash at bank and in hand | 54/58 | €1,171,894 | €163,770 | -€1.0m | -86.0% |
| Deferred charges and accrued income | 490/1 | €2,348,454 | €2,330,059 | -€18,395 | -0.8% |
| Total equity and liabilities | 10/49 | €8,069,281 | €7,749,123 | -€320,158 | -4.0% |
| Equity | 10/15 | €4,265,831 | €4,409,863 | +€144,032 | +3.4% |
| Contributions | 10/11 | €255,312 | €255,312 | = | 0.0% |
| Reserves | 13 | €4,010,518 | €4,154,551 | +€144,032 | +3.6% |
| Non-distributable reserves | 130/1 | €5,501 | €5,501 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,501 | €5,501 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,468 | €10,468 | = | 0.0% |
| Distributable reserves | 133 | €3,994,550 | €4,138,582 | +€144,032 | +3.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €3,803,450 | €3,339,260 | -€464,191 | -12.2% |
| Amounts payable after more than one year | 17 | €1,896,817 | €1,192,663 | -€704,154 | -37.1% |
| Financial debts | 170/4 | €1,896,817 | €1,192,663 | -€704,154 | -37.1% |
| Amounts payable within one year | 42/48 | €1,906,633 | €2,146,463 | +€239,829 | +12.6% |
| Current portion of amounts payable after more than one year | 42 | €649,850 | €604,154 | -€45,696 | -7.0% |
| Trade debts | 44 | €1,077,778 | €1,340,135 | +€262,357 | +24.3% |
| Suppliers | 440/4 | €1,077,778 | €1,340,135 | +€262,357 | +24.3% |
| Taxes, remuneration and social security | 45 | €179,006 | €198,382 | +€19,376 | +10.8% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €179,006 | €198,382 | +€19,376 | +10.8% |
| Other amounts payable | 47/48 | - | €3,791 | +€3,791 | |
| Accrued charges and deferred income | 492/3 | - | €134 | +€134 | |
| Remuneration, social security and pensions | 62 | €2,130,686 | €2,440,353 | +€309,666 | +14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €277,519 | €249,391 | -€28,128 | -10.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €10,577 | €14,798 | +€4,222 | +39.9% |
| Non-recurring operating charges | 66A | €0 | €21,335 | +€21,335 | |
| Gross operating margin | 9900 | €3,703,921 | €3,617,774 | -€86,148 | -2.3% |
| Operating profit (loss) | 9901 | €1,285,140 | €891,897 | -€393,243 | -30.6% |
| Financial income | 75/76B | €45,071 | €20,582 | -€24,490 | -54.3% |
| Recurring financial income | 75 | €45,071 | €20,582 | -€24,490 | -54.3% |
| Financial charges | 65/66B | €71,623 | €74,463 | +€2,839 | +4.0% |
| Recurring financial charges | 65 | €71,623 | €74,463 | +€2,839 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €1,258,588 | €838,016 | -€420,572 | -33.4% |
| Income taxes | 67/77 | €326,873 | €223,983 | -€102,890 | -31.5% |
| Profit (loss) for the period | 9904 | €931,715 | €614,032 | -€317,683 | -34.1% |
| Profit (loss) for the period to be appropriated | 9905 | €931,715 | €614,032 | -€317,683 | -34.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.