VAN dER SEYPE: what changed
VAN dER SEYPE
Largest movements
- Tangible fixed assets +€40,960
up €40,960 (+434%), from €9,435 to €50,395
of which Furniture and vehicles: +€42,045
- Cash +€12,677
up €12,677 (+12.5%), from €101,668 to €114,345
mainly Debts after one year (+€32,655) and Net result for the year (+€16,843)
- Debts after one year +€32,655
up €32,655 (+1,579%), from €2,068 to €34,723
- Reserves +€16,843
up €16,843 (+16.4%), from €102,492 to €119,335
- Current portion of long-term debt +€4,688
up €4,688 (+24.8%), from €18,908 to €23,596
- Gross operating margin +€16,883
up €16,883 (+61.7%), from €27,343 to €44,226
- Depreciation +€9,495
up €9,495 (+138%), from €6,861 to €16,356
- Financial charges -€5,620
down €5,620 (-71.5%), from €7,864 to €2,244
- Taxes +€4,821
up €4,821 (+141%), from €3,424 to €8,245
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 | €131,122 | €185,478 | +€54,357 | +41.5% |
| Fixed assets | 21/28 | €9,435 | €50,395 | +€40,960 | +434% |
| Tangible fixed assets | 22/27 | €9,435 | €50,395 | +€40,960 | +434% |
| Land and buildings | 22 | €2,408 | €1,622 | -€786 | -32.6% |
| Plant, machinery and equipment | 23 | €527 | €228 | -€299 | -56.7% |
| Furniture and vehicles | 24 | €6,500 | €48,545 | +€42,045 | +647% |
| Current assets | 29/58 | €121,687 | €135,083 | +€13,396 | +11.0% |
| Amounts receivable within one year | 40/41 | €19,571 | €19,954 | +€383 | +2.0% |
| Trade receivables | 40 | €7,516 | €8,603 | +€1,087 | +14.5% |
| Other amounts receivable | 41 | €12,055 | €11,351 | -€704 | -5.8% |
| Cash at bank and in hand | 54/58 | €101,668 | €114,345 | +€12,677 | +12.5% |
| Deferred charges and accrued income | 490/1 | €448 | €784 | +€336 | +75.1% |
| Total equity and liabilities | 10/49 | €131,122 | €185,478 | +€54,357 | +41.5% |
| Equity | 10/15 | €108,758 | €125,601 | +€16,843 | +15.5% |
| Contributions | 10/11 | €6,266 | €6,266 | = | 0.0% |
| Reserves | 13 | €102,492 | €119,335 | +€16,843 | +16.4% |
| Distributable reserves | 133 | €102,492 | €119,335 | +€16,843 | +16.4% |
| Amounts payable | 17/49 | €22,364 | €59,877 | +€37,513 | +168% |
| Amounts payable after more than one year | 17 | €2,068 | €34,723 | +€32,655 | +1,579% |
| Financial debts | 170/4 | €2,068 | €34,723 | +€32,655 | +1,579% |
| Amounts payable within one year | 42/48 | €20,296 | €25,155 | +€4,858 | +23.9% |
| Current portion of amounts payable after more than one year | 42 | €18,908 | €23,596 | +€4,688 | +24.8% |
| Trade debts | 44 | €1,389 | €1,559 | +€170 | +12.2% |
| Suppliers | 440/4 | €1,389 | €1,559 | +€170 | +12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,861 | €16,356 | +€9,495 | +138% |
| Other operating charges | 640/8 | €953 | €790 | -€163 | -17.1% |
| Gross operating margin | 9900 | €27,343 | €44,226 | +€16,883 | +61.7% |
| Operating profit (loss) | 9901 | €19,529 | €27,080 | +€7,551 | +38.7% |
| Financial income | 75/76B | €68 | €252 | +€184 | +270% |
| Recurring financial income | 75 | €68 | €252 | +€184 | +270% |
| Financial charges | 65/66B | €7,864 | €2,244 | -€5,620 | -71.5% |
| Recurring financial charges | 65 | €7,864 | €2,244 | -€5,620 | -71.5% |
| Profit (loss) for the period before taxes | 9903 | €11,733 | €25,088 | +€13,354 | +114% |
| Income taxes | 67/77 | €3,424 | €8,245 | +€4,821 | +141% |
| Profit (loss) for the period | 9904 | €8,310 | €16,843 | +€8,534 | +103% |
| Profit (loss) for the period to be appropriated | 9905 | €8,310 | €16,843 | +€8,534 | +103% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.