Van Dingenen Projects: 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 Dingenen Projects
Largest movements
- Stocks and contracts +€234,658
new in 2025: €234,658
- Cash -€24,131
down €24,131 (-51.9%), from €46,508 to €22,377
mainly Stocks and contracts (-€234,658) and Investment in fixed assets (net) (-€5,578)
- Receivables within one year -€11,284
down €11,284 (-80.6%), from €14,003 to €2,719
of which Trade receivables: -€12,100
- Tangible fixed assets -€5,064
down €5,064 (-11.6%), from €43,510 to €38,446
of which Furniture and vehicles: -€3,027
- Current portion of long-term debt +€185,000
new in 2025: €185,000
- Profit (loss) carried forward +€9,783
up €9,783 (+10.4%), from €94,066 to €103,848
- Gross operating margin -€1,768
down €1,768 (-6.4%), from €27,632 to €25,864
- Depreciation +€1,765
up €1,765 (+19.9%), from €8,877 to €10,642
- Financial charges +€1,432
up €1,432 (+879%), from €163 to €1,595
- Taxes -€664
down €664 (-18.1%), from €3,664 to €3,001
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 | €105,637 | €298,964 | +€193,327 | +183% |
| Fixed assets | 21/28 | €43,510 | €38,446 | -€5,064 | -11.6% |
| Tangible fixed assets | 22/27 | €43,510 | €38,446 | -€5,064 | -11.6% |
| Plant, machinery and equipment | 23 | €8,218 | €7,379 | -€839 | -10.2% |
| Furniture and vehicles | 24 | €30,709 | €27,682 | -€3,027 | -9.9% |
| Other tangible fixed assets | 26 | €4,583 | €3,385 | -€1,199 | -26.1% |
| Current assets | 29/58 | €62,127 | €260,518 | +€198,392 | +319% |
| Stocks and contracts in progress | 3 | - | €234,658 | +€234,658 | |
| Stocks | 30/36 | - | €234,658 | +€234,658 | |
| Amounts receivable within one year | 40/41 | €14,003 | €2,719 | -€11,284 | -80.6% |
| Trade receivables | 40 | €13,700 | €1,600 | -€12,100 | -88.3% |
| Other amounts receivable | 41 | €303 | €1,119 | +€816 | +269% |
| Cash at bank and in hand | 54/58 | €46,508 | €22,377 | -€24,131 | -51.9% |
| Deferred charges and accrued income | 490/1 | €1,615 | €764 | -€851 | -52.7% |
| Total equity and liabilities | 10/49 | €105,637 | €298,964 | +€193,327 | +183% |
| Equity | 10/15 | €101,066 | €110,848 | +€9,783 | +9.7% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,066 | €103,848 | +€9,783 | +10.4% |
| Amounts payable | 17/49 | €4,571 | €188,116 | +€183,545 | +4,015% |
| Amounts payable within one year | 42/48 | €4,571 | €187,145 | +€182,573 | +3,994% |
| Current portion of amounts payable after more than one year | 42 | - | €185,000 | +€185,000 | |
| Trade debts | 44 | €2,215 | €980 | -€1,235 | -55.7% |
| Suppliers | 440/4 | €2,215 | €980 | -€1,235 | -55.7% |
| Taxes, remuneration and social security | 45 | €2,356 | €1,164 | -€1,192 | -50.6% |
| Taxes | 450/3 | €2,356 | €1,164 | -€1,192 | -50.6% |
| Accrued charges and deferred income | 492/3 | - | €971 | +€971 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,877 | €10,642 | +€1,765 | +19.9% |
| Other operating charges | 640/8 | €884 | €844 | -€40 | -4.5% |
| Gross operating margin | 9900 | €27,632 | €25,864 | -€1,768 | -6.4% |
| Operating profit (loss) | 9901 | €17,871 | €14,378 | -€3,493 | -19.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €163 | €1,595 | +€1,432 | +879% |
| Recurring financial charges | 65 | €163 | €1,595 | +€1,432 | +879% |
| Profit (loss) for the period before taxes | 9903 | €17,708 | €12,783 | -€4,925 | -27.8% |
| Income taxes | 67/77 | €3,664 | €3,001 | -€664 | -18.1% |
| Profit (loss) for the period | 9904 | €14,044 | €9,783 | -€4,261 | -30.3% |
| Profit (loss) for the period to be appropriated | 9905 | €14,044 | €9,783 | -€4,261 | -30.3% |
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 13 October 2026 via checked.be.