VAN DONINCK LUC: what changed
VAN DONINCK LUC
Largest movements
- Receivables within one year -€17,765
down €17,765 (-24.6%), from €72,336 to €54,571
of which Trade receivables: -€18,117
- Tangible fixed assets -€10,942
down €10,942 (-61.4%), from €17,812 to €6,870
of which Furniture and vehicles: -€9,649
- Cash +€7,130
up €7,130 (+25.7%), from €27,779 to €34,909
mainly Receivables within one year (+€17,765) and Depreciation (+€10,942)
- Profit (loss) carried forward -€11,579
down €11,579 (-105%), from -€11,015 to -€22,594
- Current portion of long-term debt -€4,325
down €4,325 (-70.9%), from €6,104 to €1,779
- Tax, wage and social debts -€3,098
down €3,098 (-38.7%), from €8,006 to €4,908
- Trade debts -€2,637
down €2,637 (-11.2%), from €23,489 to €20,852
- Other debts +€1,511
up €1,511 (+7.7%), from €19,617 to €21,128
- Gross operating margin -€2,174
down €2,174 (-1.8%), from €119,907 to €117,733
- Staff costs -€2,076
down €2,076 (-1.8%), from €116,532 to €114,455
- Other operating charges +€1,209
up €1,209 (+1,025%), from €118 to €1,327
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €132,340 | €111,159 | -€21,181 | -16.0% |
| Fixed assets | 21/28 | €18,012 | €7,070 | -€10,942 | -60.7% |
| Tangible fixed assets | 22/27 | €17,812 | €6,870 | -€10,942 | -61.4% |
| Plant, machinery and equipment | 23 | €4,890 | €3,596 | -€1,293 | -26.5% |
| Furniture and vehicles | 24 | €12,922 | €3,274 | -€9,649 | -74.7% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €114,328 | €104,089 | -€10,239 | -9.0% |
| Stocks and contracts in progress | 3 | €14,213 | €14,609 | +€395 | +2.8% |
| Stocks | 30/36 | €3,728 | €3,208 | -€520 | -14.0% |
| Contracts in progress | 37 | €10,485 | €11,401 | +€916 | +8.7% |
| Amounts receivable within one year | 40/41 | €72,336 | €54,571 | -€17,765 | -24.6% |
| Trade receivables | 40 | €64,563 | €46,445 | -€18,117 | -28.1% |
| Other amounts receivable | 41 | €7,773 | €8,126 | +€352 | +4.5% |
| Cash at bank and in hand | 54/58 | €27,779 | €34,909 | +€7,130 | +25.7% |
| Total equity and liabilities | 10/49 | €132,340 | €111,159 | -€21,181 | -16.0% |
| Equity | 10/15 | €73,424 | €61,845 | -€11,579 | -15.8% |
| Reserves | 13 | €84,440 | €84,440 | = | 0.0% |
| Distributable reserves | 133 | €84,440 | €84,440 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,015 | -€22,594 | -€11,579 | -105% |
| Amounts payable | 17/49 | €58,916 | €49,314 | -€9,602 | -16.3% |
| Amounts payable within one year | 42/48 | €57,216 | €48,667 | -€8,549 | -14.9% |
| Current portion of amounts payable after more than one year | 42 | €6,104 | €1,779 | -€4,325 | -70.9% |
| Trade debts | 44 | €23,489 | €20,852 | -€2,637 | -11.2% |
| Suppliers | 440/4 | €23,489 | €20,852 | -€2,637 | -11.2% |
| Taxes, remuneration and social security | 45 | €8,006 | €4,908 | -€3,098 | -38.7% |
| Remuneration and social security | 454/9 | €8,006 | €4,908 | -€3,098 | -38.7% |
| Other amounts payable | 47/48 | €19,617 | €21,128 | +€1,511 | +7.7% |
| Accrued charges and deferred income | 492/3 | €1,700 | €646 | -€1,054 | -62.0% |
| Remuneration, social security and pensions | 62 | €116,532 | €114,455 | -€2,076 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,576 | €10,942 | +€366 | +3.5% |
| Other operating charges | 640/8 | €118 | €1,327 | +€1,209 | +1,025% |
| Gross operating margin | 9900 | €119,907 | €117,733 | -€2,174 | -1.8% |
| Operating profit (loss) | 9901 | -€7,319 | -€8,992 | -€1,673 | -22.9% |
| Financial income | 75/76B | €16 | €78 | +€61 | +373% |
| Recurring financial income | 75 | €16 | €78 | +€61 | +373% |
| Financial charges | 65/66B | €3,303 | €2,475 | -€828 | -25.1% |
| Recurring financial charges | 65 | €3,303 | €2,475 | -€828 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | -€10,605 | -€11,389 | -€784 | -7.4% |
| Income taxes | 67/77 | €410 | €190 | -€220 | -53.6% |
| Profit (loss) for the period | 9904 | -€11,015 | -€11,579 | -€564 | -5.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,015 | -€11,579 | -€564 | -5.1% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.