VAN DRIESSCHE: 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 DRIESSCHE
Largest movements
- Current investments +€51,650
up €51,650 (+9.4%), from €551,096 to €602,746
- Receivables within one year -€36,450
down €36,450 (-6.5%), from €564,628 to €528,178
of which Trade receivables: -€58,686
- Stocks and contracts +€28,326
up €28,326 (+68.1%), from €41,568 to €69,894
- Reserves +€177,273
up €177,273 (+207.3%), from €85,500 to €262,773
- Trade debts -€102,864
down €102,864 (-14.0%), from €734,070 to €631,206
- Debts after one year -€28,358
down €28,358 (-43.9%), from €64,579 to €36,221
- Gross operating margin +€52,543
up €52,543 (+12.4%), from €423,689 to €476,232
- Taxes +€42,495
up €42,495 (+89.5%), from €47,500 to €89,995
- Staff costs +€14,152
up €14,152 (+11.0%), from €129,050 to €143,202
- Depreciation -€9,569
down €9,569 (-17.6%), from €54,220 to €44,651
- Financial income -€7,580
down €7,580 (-50.5%), from €15,022 to €7,442
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 | €1,448,984 | €1,503,693 | +€54,709 | +3.8% |
| Fixed assets | 21/28 | €239,466 | €241,185 | +€1,719 | +0.7% |
| Tangible fixed assets | 22/27 | €239,466 | €241,185 | +€1,719 | +0.7% |
| Land and buildings | 22 | €190,272 | €213,528 | +€23,256 | +12.2% |
| Plant, machinery and equipment | 23 | €2,352 | €2,352 | = | 0.0% |
| Furniture and vehicles | 24 | €46,842 | €25,305 | -€21,537 | -46.0% |
| Current assets | 29/58 | €1,209,519 | €1,262,508 | +€52,990 | +4.4% |
| Stocks and contracts in progress | 3 | €41,568 | €69,894 | +€28,326 | +68.1% |
| Stocks | 30/36 | €41,568 | €69,894 | +€28,326 | +68.1% |
| Amounts receivable within one year | 40/41 | €564,628 | €528,178 | -€36,450 | -6.5% |
| Trade receivables | 40 | €563,877 | €505,190 | -€58,686 | -10.4% |
| Other amounts receivable | 41 | €751 | €22,988 | +€22,236 | +2959.4% |
| Current investments | 50/53 | €551,096 | €602,746 | +€51,650 | +9.4% |
| Cash at bank and in hand | 54/58 | €52,227 | €61,691 | +€9,464 | +18.1% |
| Total equity and liabilities | 10/49 | €1,448,984 | €1,503,693 | +€54,709 | +3.8% |
| Equity | 10/15 | €589,976 | €768,959 | +€178,983 | +30.3% |
| Contributions | 10/11 | €118,592 | €118,592 | = | 0.0% |
| Revaluation surpluses | 12 | €97,853 | €97,853 | = | 0.0% |
| Reserves | 13 | €85,500 | €262,773 | +€177,273 | +207.3% |
| Distributable reserves | 133 | €85,500 | €262,773 | +€177,273 | +207.3% |
| Profit (loss) carried forward | 14 | €288,032 | €289,742 | +€1,711 | +0.6% |
| Amounts payable | 17/49 | €859,008 | €734,734 | -€124,274 | -14.5% |
| Amounts payable after more than one year | 17 | €64,579 | €36,221 | -€28,358 | -43.9% |
| Financial debts | 170/4 | €64,579 | €36,221 | -€28,358 | -43.9% |
| Amounts payable within one year | 42/48 | €790,746 | €698,513 | -€92,233 | -11.7% |
| Current portion of amounts payable after more than one year | 42 | €30,721 | €37,080 | +€6,358 | +20.7% |
| Trade debts | 44 | €734,070 | €631,206 | -€102,864 | -14.0% |
| Suppliers | 440/4 | €734,070 | €631,206 | -€102,864 | -14.0% |
| Advances received on contracts in progress | 46 | €3,455 | - | -€3,455 | |
| Taxes, remuneration and social security | 45 | €22,500 | €30,227 | +€7,727 | +34.3% |
| Taxes | 450/3 | €22,500 | €30,227 | +€7,727 | +34.3% |
| Accrued charges and deferred income | 492/3 | €3,683 | - | -€3,683 | |
| Remuneration, social security and pensions | 62 | €129,050 | €143,202 | +€14,152 | +11.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,220 | €44,651 | -€9,569 | -17.6% |
| Other operating charges | 640/8 | €18,953 | €12,547 | -€6,405 | -33.8% |
| Non-recurring operating charges | 66A | €80,963 | - | -€80,963 | |
| Gross operating margin | 9900 | €423,689 | €476,232 | +€52,543 | +12.4% |
| Operating profit (loss) | 9901 | €140,502 | €275,832 | +€135,329 | +96.3% |
| Financial income | 75/76B | €15,022 | €7,442 | -€7,580 | -50.5% |
| Recurring financial income | 75 | €15,022 | €7,442 | -€7,580 | -50.5% |
| Financial charges | 65/66B | €11,847 | €14,295 | +€2,449 | +20.7% |
| Recurring financial charges | 65 | €11,847 | €14,295 | +€2,449 | +20.7% |
| Profit (loss) for the period before taxes | 9903 | €143,677 | €268,978 | +€125,301 | +87.2% |
| Income taxes | 67/77 | €47,500 | €89,995 | +€42,495 | +89.5% |
| Profit (loss) for the period | 9904 | €96,177 | €178,983 | +€82,806 | +86.1% |
| Profit (loss) for the period to be appropriated | 9905 | €96,177 | €178,983 | +€82,806 | +86.1% |
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 10 October 2026 via checked.be.