VAN DONGE: 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.
VAN DONGE
Largest movements
- Cash -€41,629
down €41,629 (-7.7%), from €538,932 to €497,303
mainly Net result for the year (-€18,510) and Investment in fixed assets (net) (-€16,649)
- Tangible fixed assets +€13,960
up €13,960 (+22.8%), from €61,253 to €75,213
- Receivables within one year +€9,015
up €9,015 (+65.8%), from €13,709 to €22,725
- Profit (loss) carried forward -€18,510
down €18,510 (-1.3%), from -€1.4m to -€1.4m
- Depreciation -€19,217
down €19,217 (-87.7%), from €21,906 to €2,689
- Gross operating margin +€10,203
up €10,203 (+39.1%), from -€26,067 to -€15,864
- Other operating charges -€1,229
down €1,229 (-32.1%), from €3,825 to €2,596
- Taxes +€541
up €541 (+207.5%), from €261 to €802
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €615,041 | €596,505 | -€18,536 | -3.0% |
| Fixed assets | 21/28 | €61,253 | €75,213 | +€13,960 | +22.8% |
| Tangible fixed assets | 22/27 | €61,253 | €75,213 | +€13,960 | +22.8% |
| Furniture and vehicles | 24 | €61,253 | €75,213 | +€13,960 | +22.8% |
| Current assets | 29/58 | €553,788 | €521,292 | -€32,496 | -5.9% |
| Amounts receivable within one year | 40/41 | €13,709 | €22,725 | +€9,015 | +65.8% |
| Other amounts receivable | 41 | €13,709 | €22,725 | +€9,015 | +65.8% |
| Cash at bank and in hand | 54/58 | €538,932 | €497,303 | -€41,629 | -7.7% |
| Deferred charges and accrued income | 490/1 | €1,147 | €1,264 | +€118 | +10.3% |
| Total equity and liabilities | 10/49 | €615,041 | €596,505 | -€18,536 | -3.0% |
| Equity | 10/15 | €613,212 | €594,702 | -€18,510 | -3.0% |
| Contributions | 10/11 | €2,006,450 | €2,006,450 | = | 0.0% |
| Reserves | 13 | €26,156 | €26,156 | = | 0.0% |
| Distributable reserves | 133 | €26,156 | €26,156 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,419,394 | -€1,437,904 | -€18,510 | -1.3% |
| Amounts payable | 17/49 | €1,830 | €1,804 | -€26 | -1.4% |
| Amounts payable within one year | 42/48 | €1,830 | €1,804 | -€26 | -1.4% |
| Trade debts | 44 | €112 | €1,804 | +€1,692 | +1517.1% |
| Suppliers | 440/4 | €112 | €1,804 | +€1,692 | +1517.1% |
| Other amounts payable | 47/48 | €1,718 | - | -€1,718 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,906 | €2,689 | -€19,217 | -87.7% |
| Other operating charges | 640/8 | €3,825 | €2,596 | -€1,229 | -32.1% |
| Gross operating margin | 9900 | -€26,067 | -€15,864 | +€10,203 | +39.1% |
| Operating profit (loss) | 9901 | -€51,798 | -€21,149 | +€30,649 | +59.2% |
| Financial income | 75/76B | €3,722 | €3,498 | -€225 | -6.0% |
| Recurring financial income | 75 | €3,722 | €3,498 | -€225 | -6.0% |
| Financial charges | 65/66B | €80 | €56 | -€24 | -29.8% |
| Recurring financial charges | 65 | €80 | €56 | -€24 | -29.8% |
| Profit (loss) for the period before taxes | 9903 | -€48,156 | -€17,708 | +€30,448 | +63.2% |
| Income taxes | 67/77 | €261 | €802 | +€541 | +207.5% |
| Profit (loss) for the period | 9904 | -€48,417 | -€18,510 | +€29,907 | +61.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,417 | -€18,510 | +€29,907 | +61.8% |
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 5 October 2026 via checked.be.