VAN DONGEN NET TECHNOLOGY: 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 DONGEN NET TECHNOLOGY
Largest movements
- Tangible fixed assets -€55,921
down €55,921 (-9.0%), from €622,160 to €566,238
of which Land and buildings: -€28,559
- Cash -€54,577
down €54,577 (-76.5%), from €71,338 to €16,761
mainly Net result for the year (-€118,308) and Current portion of long-term debt (-€37,618)
- Deferred charges and accrued income -€37,225
down €37,225 (-90.6%), from €41,103 to €3,878
- Receivables within one year -€22,359
down €22,359 (-8.3%), from €267,946 to €245,588
of which Other amounts receivable: -€29,817
- Profit (loss) carried forward -€118,308
down €118,308, from €3,957 to -€114,352
- Current portion of long-term debt -€37,618
down €37,618 (-63.8%), from €58,983 to €21,365
- Debts after one year -€21,365
down €21,365 (-8.1%), from €263,581 to €242,216
- Gross operating margin -€96,834
down €96,834 (-79.6%), from €121,683 to €24,849
- Staff costs -€31,368
down €31,368 (-42.1%), from €74,583 to €43,214
- Depreciation -€9,504
down €9,504 (-10.4%), from €91,337 to €81,833
- Financial charges +€4,763
up €4,763 (+55.1%), from €8,641 to €13,404
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 | €1,047,546 | €877,465 | -€170,082 | -16.2% |
| Fixed assets | 21/28 | €622,160 | €566,238 | -€55,921 | -9.0% |
| Tangible fixed assets | 22/27 | €622,160 | €566,238 | -€55,921 | -9.0% |
| Land and buildings | 22 | €534,151 | €505,592 | -€28,559 | -5.3% |
| Plant, machinery and equipment | 23 | €14,558 | €8,255 | -€6,304 | -43.3% |
| Furniture and vehicles | 24 | €73,450 | €52,392 | -€21,058 | -28.7% |
| Current assets | 29/58 | €425,387 | €311,226 | -€114,161 | -26.8% |
| Amounts receivable within one year | 40/41 | €267,946 | €245,588 | -€22,359 | -8.3% |
| Trade receivables | 40 | €68,378 | €75,836 | +€7,458 | +10.9% |
| Other amounts receivable | 41 | €199,569 | €169,752 | -€29,817 | -14.9% |
| Current investments | 50/53 | €45,000 | €45,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €71,338 | €16,761 | -€54,577 | -76.5% |
| Deferred charges and accrued income | 490/1 | €41,103 | €3,878 | -€37,225 | -90.6% |
| Total equity and liabilities | 10/49 | €1,047,546 | €877,465 | -€170,082 | -16.2% |
| Equity | 10/15 | €689,190 | €570,881 | -€118,308 | -17.2% |
| Contributions | 10/11 | €7,437 | €7,437 | = | 0.0% |
| Reserves | 13 | €677,796 | €677,796 | = | 0.0% |
| Non-distributable reserves | 130/1 | €45,000 | €45,000 | = | 0.0% |
| Own shares acquired | 1312 | €45,000 | €45,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,107 | €4,107 | = | 0.0% |
| Distributable reserves | 133 | €628,689 | €628,689 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,957 | -€114,352 | -€118,308 | |
| Amounts payable | 17/49 | €358,357 | €306,583 | -€51,774 | -14.4% |
| Amounts payable after more than one year | 17 | €263,581 | €242,216 | -€21,365 | -8.1% |
| Financial debts | 170/4 | €263,581 | €242,216 | -€21,365 | -8.1% |
| Amounts payable within one year | 42/48 | €94,776 | €64,367 | -€30,408 | -32.1% |
| Current portion of amounts payable after more than one year | 42 | €58,983 | €21,365 | -€37,618 | -63.8% |
| Trade debts | 44 | €22,912 | €30,867 | +€7,955 | +34.7% |
| Suppliers | 440/4 | €22,912 | €30,867 | +€7,955 | +34.7% |
| Taxes, remuneration and social security | 45 | €12,880 | €12,135 | -€745 | -5.8% |
| Taxes | 450/3 | €3,444 | €3,971 | +€527 | +15.3% |
| Remuneration and social security | 454/9 | €9,436 | €8,164 | -€1,273 | -13.5% |
| Non-recurring operating income | 76A | €1,484 | €10,860 | +€9,376 | +632% |
| Remuneration, social security and pensions | 62 | €74,583 | €43,214 | -€31,368 | -42.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,337 | €81,833 | -€9,504 | -10.4% |
| Other operating charges | 640/8 | €3,886 | €4,457 | +€571 | +14.7% |
| Gross operating margin | 9900 | €121,683 | €24,849 | -€96,834 | -79.6% |
| Operating profit (loss) | 9901 | -€48,122 | -€104,655 | -€56,533 | -117% |
| Financial income | 75/76B | €46 | €555 | +€509 | +1,098% |
| Recurring financial income | 75 | €46 | €555 | +€509 | +1,098% |
| Financial charges | 65/66B | €8,641 | €13,404 | +€4,763 | +55.1% |
| Recurring financial charges | 65 | €8,641 | €13,404 | +€4,763 | +55.1% |
| Profit (loss) for the period before taxes | 9903 | -€56,716 | -€117,503 | -€60,787 | -107% |
| Income taxes | 67/77 | €400 | €805 | +€405 | +101% |
| Profit (loss) for the period | 9904 | -€57,116 | -€118,308 | -€61,192 | -107% |
| Profit (loss) for the period to be appropriated | 9905 | -€57,116 | -€118,308 | -€61,192 | -107% |
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 21 October 2026 via checked.be.