VAN DRIESSCHE MARK: 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 DRIESSCHE MARK
Largest movements
- Tangible fixed assets +€179,530
up €179,530 (+42.8%), from €418,980 to €598,510
of which Land and buildings: +€154,691
- Receivables after one year -€85,000
down €85,000 (-21.5%), from €395,000 to €310,000
- Receivables within one year +€73,138
up €73,138 (+144.3%), from €50,685 to €123,823
of which Other amounts receivable: +€65,913
- Cash -€27,275
down €27,275 (-18.8%), from €144,767 to €117,492
mainly Investment in fixed assets (net) (-€297,596) and Contributions, distributions and other (-€198,738)
- Debts after one year +€83,372
new in 2025: €83,372
- Other debts +€58,000
new in 2025: €58,000
- Reserves -€39,482
down €39,482 (-4.2%), from €945,397 to €905,915
of which Distributable reserves: -€57,997
- Current portion of long-term debt +€24,207
new in 2025: €24,207
- Short-term financial debts +€13,511
new in 2025: €13,511
- Gross operating margin +€97,596
up €97,596 (+39.8%), from €245,452 to €343,047
- Depreciation +€58,514
up €58,514 (+98.3%), from €59,552 to €118,066
- Taxes +€11,762
up €11,762 (+19.4%), from €60,589 to €72,351
- Financial income +€4,606
up €4,606 (+42.5%), from €10,845 to €15,451
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 | €1,023,899 | €1,172,404 | +€148,505 | +14.5% |
| Fixed assets | 21/28 | €418,980 | €598,510 | +€179,530 | +42.8% |
| Tangible fixed assets | 22/27 | €418,980 | €598,510 | +€179,530 | +42.8% |
| Land and buildings | 22 | €376,159 | €530,851 | +€154,691 | +41.1% |
| Plant, machinery and equipment | 23 | €15,841 | €27,617 | +€11,775 | +74.3% |
| Furniture and vehicles | 24 | €25,544 | €39,927 | +€14,383 | +56.3% |
| Other tangible fixed assets | 26 | €1,435 | €115 | -€1,320 | -92.0% |
| Current assets | 29/58 | €604,920 | €573,894 | -€31,025 | -5.1% |
| Amounts receivable after more than one year | 29 | €395,000 | €310,000 | -€85,000 | -21.5% |
| Other amounts receivable | 291 | €395,000 | €310,000 | -€85,000 | -21.5% |
| Amounts receivable within one year | 40/41 | €50,685 | €123,823 | +€73,138 | +144.3% |
| Trade receivables | 40 | €6,433 | €13,658 | +€7,225 | +112.3% |
| Other amounts receivable | 41 | €44,252 | €110,165 | +€65,913 | +148.9% |
| Cash at bank and in hand | 54/58 | €144,767 | €117,492 | -€27,275 | -18.8% |
| Deferred charges and accrued income | 490/1 | €14,467 | €22,579 | +€8,112 | +56.1% |
| Total equity and liabilities | 10/49 | €1,023,899 | €1,172,404 | +€148,505 | +14.5% |
| Equity | 10/15 | €1,008,010 | €968,525 | -€39,485 | -3.9% |
| Contributions | 10/11 | €62,250 | €62,250 | = | 0.0% |
| Reserves | 13 | €945,397 | €905,915 | -€39,482 | -4.2% |
| Non-distributable reserves | 130/1 | €887,034 | €905,549 | +€18,515 | +2.1% |
| Reserves not available under the articles | 1311 | €1,303 | €1,303 | = | 0.0% |
| Other | 1319 | €885,732 | €904,247 | +€18,515 | +2.1% |
| Tax-exempt reserves | 132 | €366 | €366 | = | 0.0% |
| Distributable reserves | 133 | €57,997 | - | -€57,997 | |
| Profit (loss) carried forward | 14 | €363 | €360 | -€3 | -0.9% |
| Amounts payable | 17/49 | €15,889 | €203,879 | +€187,990 | +1183.2% |
| Amounts payable after more than one year | 17 | - | €83,372 | +€83,372 | |
| Financial debts | 170/4 | - | €83,372 | +€83,372 | |
| Amounts payable within one year | 42/48 | €14,446 | €118,837 | +€104,390 | +722.6% |
| Current portion of amounts payable after more than one year | 42 | - | €24,207 | +€24,207 | |
| Financial debts | 43 | - | €13,511 | +€13,511 | |
| Credit institutions | 430/8 | - | €13,511 | +€13,511 | |
| Trade debts | 44 | €10,696 | €16,029 | +€5,332 | +49.9% |
| Suppliers | 440/4 | €10,696 | €16,029 | +€5,332 | +49.9% |
| Advances received on contracts in progress | 46 | - | €7,090 | +€7,090 | |
| Taxes, remuneration and social security | 45 | €3,750 | - | -€3,750 | |
| Taxes | 450/3 | €2,600 | - | -€2,600 | |
| Remuneration and social security | 454/9 | €1,150 | - | -€1,150 | |
| Other amounts payable | 47/48 | - | €58,000 | +€58,000 | |
| Accrued charges and deferred income | 492/3 | €1,442 | €1,670 | +€227 | +15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,552 | €118,066 | +€58,514 | +98.3% |
| Other operating charges | 640/8 | €4,126 | €4,249 | +€123 | +3.0% |
| Non-recurring operating charges | 66A | - | €179 | +€179 | |
| Gross operating margin | 9900 | €245,452 | €343,047 | +€97,596 | +39.8% |
| Operating profit (loss) | 9901 | €181,774 | €220,553 | +€38,779 | +21.3% |
| Financial income | 75/76B | €10,845 | €15,451 | +€4,606 | +42.5% |
| Recurring financial income | 75 | €10,845 | €15,451 | +€4,606 | +42.5% |
| Financial charges | 65/66B | €1,244 | €4,400 | +€3,156 | +253.7% |
| Recurring financial charges | 65 | €1,244 | €4,400 | +€3,156 | +253.7% |
| Profit (loss) for the period before taxes | 9903 | €191,375 | €231,604 | +€40,228 | +21.0% |
| Income taxes | 67/77 | €60,589 | €72,351 | +€11,762 | +19.4% |
| Profit (loss) for the period | 9904 | €130,787 | €159,253 | +€28,466 | +21.8% |
| Profit (loss) for the period to be appropriated | 9905 | €130,787 | €159,253 | +€28,466 | +21.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.