VAN DUN CINDY: 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.
What changed
VAN DUN CINDY
NACE 01.240, Growing of pome and stone fruits
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€239,555
2024 · €271,335-€31,780
Equity
€1.4m
2024 · €1.2m+€238,263
Cash
€669,487
2024 · €674,156-€4,668
Balance sheet total
€1.7m
2024 · €1.6m+€108,896
Largest movements
Assets
- Current investments +€167,164
new in 2025: €167,164
- Tangible fixed assets -€32,971
down €32,971 (-4.6%), from €716,289 to €683,318
of which Land and buildings: -€70,502
- Stocks and contracts -€20,767
down €20,767 (-15.2%), from €136,379 to €115,612
Equity and liabilities
- Reserves +€239,555
up €239,555 (+21.2%), from €1.1m to €1.4m
of which Distributable reserves: +€263,007
- Other debts -€42,380
down €42,380 (-21.5%), from €196,725 to €154,345
- Debts after one year -€41,667
down €41,667 (-47.1%), from €88,500 to €46,833
- Trade debts -€26,285
down €26,285 (-49.8%), from €52,826 to €26,541
Income statement
- Gross operating margin -€71,652
down €71,652 (-7.9%), from €903,272 to €831,620
- Taxes -€18,824
down €18,824 (-14.3%), from €131,432 to €112,607
- Financial charges -€10,053
down €10,053 (-63.6%), from €15,819 to €5,765
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.
Result 2024
€271,335
Gross operating margin
-€71,652
Staff costs
+€565
Depreciation
+€4,639
Other operating charges
-€301
Financial income
+€6,091
Financial charges
+€10,053
Taxes
+€18,824
Result 2025
€239,555
raises the resultlowers the result
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.
From operations
+€297,750
Investment
-€250,960
Financing
-€51,459
Cash 2024
€674,156
From operations (derived)
+€297,750
Net result for the year
+€239,555
Depreciation
+€116,767
Stocks and contracts
+€20,767
Receivables within one year
+€1,239
Deferred charges and accrued income
-€1,377
Provisions
-€5,931
Trade debts
-€26,285
Tax, wage and social debts
-€4,604
Other debts
-€42,380
Investment (derived)
-€250,960
Investment in fixed assets (net)
-€83,796
Current investments
-€167,164
Financing
-€51,459
Debts after one year
-€41,667
Current portion of long-term debt
-€8,500
Contributions, distributions and other
-€1,292
Cash 2025
€669,487
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,604,782 | €1,713,678 | +€108,896 | +6.8% |
| Fixed assets | 21/28 | €717,279 | €684,308 | -€32,971 | -4.6% |
| Tangible fixed assets | 22/27 | €716,289 | €683,318 | -€32,971 | -4.6% |
| Land and buildings | 22 | €649,571 | €579,069 | -€70,502 | -10.9% |
| Plant, machinery and equipment | 23 | €29,606 | €29,288 | -€318 | -1.1% |
| Furniture and vehicles | 24 | €37,111 | €74,960 | +€37,849 | +102% |
| Financial fixed assets | 28 | €990 | €990 | = | 0.0% |
| Current assets | 29/58 | €887,504 | €1,029,371 | +€141,867 | +16.0% |
| Stocks and contracts in progress | 3 | €136,379 | €115,612 | -€20,767 | -15.2% |
| Stocks | 30/36 | €136,379 | €115,612 | -€20,767 | -15.2% |
| Amounts receivable within one year | 40/41 | €51,037 | €49,798 | -€1,239 | -2.4% |
| Trade receivables | 40 | €20,714 | €15,601 | -€5,113 | -24.7% |
| Other amounts receivable | 41 | €30,323 | €34,198 | +€3,874 | +12.8% |
| Current investments | 50/53 | - | €167,164 | +€167,164 | |
| Cash at bank and in hand | 54/58 | €674,156 | €669,487 | -€4,668 | -0.7% |
| Deferred charges and accrued income | 490/1 | €25,932 | €27,309 | +€1,377 | +5.3% |
| Total equity and liabilities | 10/49 | €1,604,782 | €1,713,678 | +€108,896 | +6.8% |
| Equity | 10/15 | €1,150,115 | €1,388,378 | +€238,263 | +20.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,127,809 | €1,367,364 | +€239,555 | +21.2% |
| Tax-exempt reserves | 132 | €117,262 | €93,810 | -€23,452 | -20.0% |
| Distributable reserves | 133 | €1,010,547 | €1,273,555 | +€263,007 | +26.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Investment grants | 15 | €3,756 | €2,464 | -€1,292 | -34.4% |
| Provisions and deferred taxes | 16 | €29,513 | €23,582 | -€5,931 | -20.1% |
| Deferred taxes | 168 | €29,513 | €23,582 | -€5,931 | -20.1% |
| Amounts payable | 17/49 | €425,154 | €301,719 | -€123,436 | -29.0% |
| Amounts payable after more than one year | 17 | €88,500 | €46,833 | -€41,667 | -47.1% |
| Financial debts | 170/4 | €88,500 | €46,833 | -€41,667 | -47.1% |
| Amounts payable within one year | 42/48 | €336,654 | €254,885 | -€81,769 | -24.3% |
| Current portion of amounts payable after more than one year | 42 | €50,167 | €41,667 | -€8,500 | -16.9% |
| Trade debts | 44 | €52,826 | €26,541 | -€26,285 | -49.8% |
| Suppliers | 440/4 | €52,826 | €26,541 | -€26,285 | -49.8% |
| Taxes, remuneration and social security | 45 | €36,937 | €32,333 | -€4,604 | -12.5% |
| Taxes | 450/3 | €26,022 | €23,740 | -€2,282 | -8.8% |
| Remuneration and social security | 454/9 | €10,915 | €8,593 | -€2,322 | -21.3% |
| Other amounts payable | 47/48 | €196,725 | €154,345 | -€42,380 | -21.5% |
| Non-recurring operating income | 76A | - | €31,800 | +€31,800 | |
| Remuneration, social security and pensions | 62 | €364,650 | €364,085 | -€565 | -0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €121,406 | €116,767 | -€4,639 | -3.8% |
| Other operating charges | 640/8 | €8,949 | €9,250 | +€301 | +3.4% |
| Gross operating margin | 9900 | €903,272 | €831,620 | -€71,652 | -7.9% |
| Operating profit (loss) | 9901 | €408,267 | €341,518 | -€66,749 | -16.3% |
| Financial income | 75/76B | €4,388 | €10,479 | +€6,091 | +139% |
| Recurring financial income | 75 | €4,388 | €10,479 | +€6,091 | +139% |
| Financial charges | 65/66B | €15,819 | €5,765 | -€10,053 | -63.6% |
| Recurring financial charges | 65 | €15,819 | €5,765 | -€10,053 | -63.6% |
| Profit (loss) for the period before taxes | 9903 | €396,836 | €346,231 | -€50,605 | -12.8% |
| Transfer from deferred taxes | 780 | €5,931 | €5,931 | = | 0.0% |
| Income taxes | 67/77 | €131,432 | €112,607 | -€18,824 | -14.3% |
| Profit (loss) for the period | 9904 | €271,335 | €239,555 | -€31,780 | -11.7% |
| Transfer from tax-exempt reserves | 789 | €23,452 | €23,452 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €294,788 | €263,007 | -€31,780 | -10.8% |
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 19 October 2026 via checked.be.