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.
VAN DESSEL
Largest movements
- Tangible fixed assets -€58,029
down €58,029 (-9.7%), from €600,966 to €542,937
of which Land and buildings: -€49,369
- Deferred charges and accrued income +€12,143
up €12,143 (+515%), from €2,357 to €14,500
- Other debts -€41,522
down €41,522 (-49.7%), from €83,572 to €42,050
- Debts after one year -€37,719
down €37,719 (-9.4%), from €399,347 to €361,628
- Trade debts +€15,630
up €15,630 (+72.5%), from €21,561 to €37,190
- Profit (loss) carried forward +€11,015
up €11,015 (+16.3%), from -€67,462 to -€56,448
- Current portion of long-term debt +€10,411
up €10,411 (+14.2%), from €73,354 to €83,764
- Gross operating margin -€36,749
down €36,749 (-16.8%), from €219,175 to €182,426
- Staff costs -€35,533
down €35,533 (-34.8%), from €101,972 to €66,439
- Taxes -€8,169
down €8,169 (-68.1%), from €12,004 to €3,835
- Other operating charges +€7,078
up €7,078 (+136%), from €5,207 to €12,285
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 | €618,108 | €576,609 | -€41,499 | -6.7% |
| Fixed assets | 21/28 | €600,966 | €542,937 | -€58,029 | -9.7% |
| Tangible fixed assets | 22/27 | €600,966 | €542,937 | -€58,029 | -9.7% |
| Land and buildings | 22 | €564,506 | €515,137 | -€49,369 | -8.7% |
| Plant, machinery and equipment | 23 | €21,530 | €22,845 | +€1,315 | +6.1% |
| Furniture and vehicles | 24 | €14,930 | €4,955 | -€9,975 | -66.8% |
| Current assets | 29/58 | €17,142 | €33,672 | +€16,531 | +96.4% |
| Stocks and contracts in progress | 3 | €9,380 | €9,522 | +€142 | +1.5% |
| Stocks | 30/36 | €9,380 | €9,522 | +€142 | +1.5% |
| Amounts receivable within one year | 40/41 | €2,741 | €5,717 | +€2,976 | +109% |
| Trade receivables | 40 | €749 | €741 | -€9 | -1.2% |
| Other amounts receivable | 41 | €1,991 | €4,976 | +€2,985 | +150% |
| Cash at bank and in hand | 54/58 | €2,664 | €3,933 | +€1,269 | +47.6% |
| Deferred charges and accrued income | 490/1 | €2,357 | €14,500 | +€12,143 | +515% |
| Total equity and liabilities | 10/49 | €618,108 | €576,609 | -€41,499 | -6.7% |
| Equity | 10/15 | -€10,825 | €189 | +€11,015 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €38,037 | €38,037 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €36,177 | €36,177 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€67,462 | -€56,448 | +€11,015 | +16.3% |
| Amounts payable | 17/49 | €628,933 | €576,420 | -€52,514 | -8.3% |
| Amounts payable after more than one year | 17 | €399,347 | €361,628 | -€37,719 | -9.4% |
| Financial debts | 170/4 | €399,347 | €361,628 | -€37,719 | -9.4% |
| Amounts payable within one year | 42/48 | €229,586 | €214,792 | -€14,794 | -6.4% |
| Current portion of amounts payable after more than one year | 42 | €73,354 | €83,764 | +€10,411 | +14.2% |
| Financial debts | 43 | €14,865 | €24,717 | +€9,851 | +66.3% |
| Credit institutions | 430/8 | €14,865 | €24,717 | +€9,851 | +66.3% |
| Trade debts | 44 | €21,561 | €37,190 | +€15,630 | +72.5% |
| Suppliers | 440/4 | €21,561 | €37,190 | +€15,630 | +72.5% |
| Taxes, remuneration and social security | 45 | €36,234 | €27,070 | -€9,165 | -25.3% |
| Taxes | 450/3 | €19,495 | €20,707 | +€1,212 | +6.2% |
| Remuneration and social security | 454/9 | €16,740 | €6,363 | -€10,377 | -62.0% |
| Other amounts payable | 47/48 | €83,572 | €42,050 | -€41,522 | -49.7% |
| Non-recurring operating income | 76A | €29,117 | - | -€29,117 | |
| Remuneration, social security and pensions | 62 | €101,972 | €66,439 | -€35,533 | -34.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €75,065 | €74,928 | -€137 | -0.2% |
| Other operating charges | 640/8 | €5,207 | €12,285 | +€7,078 | +136% |
| Gross operating margin | 9900 | €219,175 | €182,426 | -€36,749 | -16.8% |
| Operating profit (loss) | 9901 | €36,931 | €28,773 | -€8,157 | -22.1% |
| Financial income | 75/76B | - | €74 | +€74 | |
| Recurring financial income | 75 | - | €74 | +€74 | |
| Financial charges | 65/66B | €16,728 | €17,997 | +€1,270 | +7.6% |
| Recurring financial charges | 65 | €16,728 | €17,997 | +€1,270 | +7.6% |
| Profit (loss) for the period before taxes | 9903 | €20,203 | €10,850 | -€9,354 | -46.3% |
| Income taxes | 67/77 | €12,004 | €3,835 | -€8,169 | -68.1% |
| Profit (loss) for the period | 9904 | €8,199 | €7,015 | -€1,184 | -14.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,199 | €7,015 | -€1,184 | -14.4% |
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 28 October 2026 via checked.be.