VAN DESSEL: 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.
What changed
VAN DESSEL
NACE 47.540, Retail sale of electrical household appliances
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€6,595
2024 · €25,043-€18,448
Equity
€792,122
2024 · €785,526+€6,595
Cash
€791,683
2024 · €715,929+€75,754
Balance sheet total
€2.7m
2024 · €2.8m-€38,633
Largest movements
Assets
- Stocks and contracts -€76,292
down €76,292 (-12.7%), from €602,868 to €526,577
- Cash +€75,754
up €75,754 (+10.6%), from €715,929 to €791,683
mainly Stocks and contracts (+€76,292) and Depreciation (+€64,339)
- Tangible fixed assets -€64,339
down €64,339 (-19.0%), from €339,057 to €274,718
of which Land and buildings: -€35,846
Equity and liabilities
- Debts after one year -€36,450
down €36,450 (-67.2%), from €54,226 to €17,776
Income statement
- Gross operating margin -€53,342
down €53,342 (-15.3%), from €348,968 to €295,626
- Staff costs -€34,744
down €34,744 (-14.0%), from €247,864 to €213,120
- Taxes -€6,922
down €6,922 (-62.2%), from €11,137 to €4,215
- Depreciation +€5,192
up €5,192 (+8.8%), from €59,147 to €64,339
- Financial income -€3,536
down €3,536 (-15.1%), from €23,363 to €19,827
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
€25,043
Gross operating margin
-€53,342
Staff costs
+€34,744
Depreciation
-€5,192
Other operating charges
-€808
Financial income
-€3,536
Financial charges
+€2,764
Taxes
+€6,922
Result 2025
€6,595
raises the resultlowers the result
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.
From operations
+€139,841
Investment
-€2
Financing
-€64,085
Cash 2024
€715,929
From operations (derived)
+€139,841
Net result for the year
+€6,595
Depreciation
+€64,339
Stocks and contracts
+€76,292
Receivables within one year
-€24,898
Deferred charges and accrued income
-€1,344
Trade debts
+€27,065
Tax, wage and social debts
-€8,300
Other debts
+€1,390
Accrued charges and deferred income
-€1,298
Investment (derived)
-€2
Current investments
-€2
Financing
-€64,085
Debts after one year
-€36,450
Current portion of long-term debt
-€18,095
Short-term financial debts
-€9,540
Cash 2025
€791,683
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,753,443 | €2,714,810 | -€38,633 | -1.4% |
| Fixed assets | 21/28 | €415,877 | €351,539 | -€64,339 | -15.5% |
| Tangible fixed assets | 22/27 | €339,057 | €274,718 | -€64,339 | -19.0% |
| Land and buildings | 22 | €233,468 | €197,622 | -€35,846 | -15.4% |
| Plant, machinery and equipment | 23 | €11,888 | €6,813 | -€5,075 | -42.7% |
| Furniture and vehicles | 24 | €93,701 | €70,283 | -€23,418 | -25.0% |
| Financial fixed assets | 28 | €76,821 | €76,821 | = | 0.0% |
| Current assets | 29/58 | €2,337,565 | €2,363,271 | +€25,706 | +1.1% |
| Stocks and contracts in progress | 3 | €602,868 | €526,577 | -€76,292 | -12.7% |
| Stocks | 30/36 | €602,868 | €526,577 | -€76,292 | -12.7% |
| Amounts receivable within one year | 40/41 | €97,546 | €122,445 | +€24,898 | +25.5% |
| Trade receivables | 40 | €54,634 | €74,210 | +€19,575 | +35.8% |
| Other amounts receivable | 41 | €42,912 | €48,235 | +€5,323 | +12.4% |
| Current investments | 50/53 | €908,403 | €908,405 | +€2 | 0.0% |
| Cash at bank and in hand | 54/58 | €715,929 | €791,683 | +€75,754 | +10.6% |
| Deferred charges and accrued income | 490/1 | €12,818 | €14,162 | +€1,344 | +10.5% |
| Total equity and liabilities | 10/49 | €2,753,443 | €2,714,810 | -€38,633 | -1.4% |
| Equity | 10/15 | €785,526 | €792,122 | +€6,595 | +0.8% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €723,553 | €730,149 | +€6,595 | +0.9% |
| Non-distributable reserves | 130/1 | €76,397 | €76,397 | = | 0.0% |
| Legal reserve | 130 | €76,397 | €76,397 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,910 | €37,910 | = | 0.0% |
| Distributable reserves | 133 | €609,246 | €615,841 | +€6,595 | +1.1% |
| Amounts payable | 17/49 | €1,967,916 | €1,922,688 | -€45,228 | -2.3% |
| Amounts payable after more than one year | 17 | €54,226 | €17,776 | -€36,450 | -67.2% |
| Financial debts | 170/4 | €54,226 | €17,776 | -€36,450 | -67.2% |
| Amounts payable within one year | 42/48 | €1,900,300 | €1,892,821 | -€7,480 | -0.4% |
| Current portion of amounts payable after more than one year | 42 | €71,667 | €53,573 | -€18,095 | -25.2% |
| Financial debts | 43 | €9,540 | - | -€9,540 | |
| Credit institutions | 430/8 | €9,540 | - | -€9,540 | |
| Trade debts | 44 | €819,587 | €846,652 | +€27,065 | +3.3% |
| Suppliers | 440/4 | €819,587 | €846,652 | +€27,065 | +3.3% |
| Taxes, remuneration and social security | 45 | €48,120 | €39,820 | -€8,300 | -17.2% |
| Taxes | 450/3 | €14,591 | €11,317 | -€3,273 | -22.4% |
| Remuneration and social security | 454/9 | €33,530 | €28,503 | -€5,027 | -15.0% |
| Other amounts payable | 47/48 | €951,385 | €952,776 | +€1,390 | +0.1% |
| Accrued charges and deferred income | 492/3 | €13,390 | €12,092 | -€1,298 | -9.7% |
| Remuneration, social security and pensions | 62 | €247,864 | €213,120 | -€34,744 | -14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,147 | €64,339 | +€5,192 | +8.8% |
| Other operating charges | 640/8 | €3,217 | €4,025 | +€808 | +25.1% |
| Gross operating margin | 9900 | €348,968 | €295,626 | -€53,342 | -15.3% |
| Operating profit (loss) | 9901 | €38,739 | €14,142 | -€24,598 | -63.5% |
| Financial income | 75/76B | €23,363 | €19,827 | -€3,536 | -15.1% |
| Recurring financial income | 75 | €23,363 | €19,827 | -€3,536 | -15.1% |
| Financial charges | 65/66B | €25,923 | €23,159 | -€2,764 | -10.7% |
| Recurring financial charges | 65 | €25,923 | €23,159 | -€2,764 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €36,180 | €10,810 | -€25,370 | -70.1% |
| Income taxes | 67/77 | €11,137 | €4,215 | -€6,922 | -62.2% |
| Profit (loss) for the period | 9904 | €25,043 | €6,595 | -€18,448 | -73.7% |
| Profit (loss) for the period to be appropriated | 9905 | €25,043 | €6,595 | -€18,448 | -73.7% |
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 14 October 2026 via checked.be.