van Duynen: 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 Duynen
Largest movements
- Receivables within one year +€43,726
up €43,726 (+2.5%), from €1.7m to €1.8m
of which Other amounts receivable: +€56,571
- Cash -€18,561
down €18,561 (-31.4%), from €59,054 to €40,492
mainly Receivables within one year (-€43,726) and Tax, wage and social debts (-€23,316)
- Trade debts +€25,343
up €25,343 (+18.3%), from €138,544 to €163,887
of which Bills of exchange payable: +€26,564
- Tax, wage and social debts -€23,316
down €23,316 (-27.6%), from €84,411 to €61,095
of which Taxes: -€23,316
- Gross operating margin -€91,560
down €91,560 (-84.3%), from €108,667 to €17,107
- Taxes -€24,121
down €24,121 (-77.3%), from €31,208 to €7,087
- Other operating charges -€1,444
no longer reported in 2025 (was €1,444)
- Financial charges -€1,214
down €1,214 (-89.9%), from €1,350 to €136
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 | €1,818,288 | €1,841,954 | +€23,666 | +1.3% |
| Fixed assets | 21/28 | €12,894 | €10,678 | -€2,216 | -17.2% |
| Tangible fixed assets | 22/27 | €6,553 | €4,337 | -€2,216 | -33.8% |
| Plant, machinery and equipment | 23 | €3,067 | €1,111 | -€1,956 | -63.8% |
| Furniture and vehicles | 24 | €3,487 | €3,227 | -€260 | -7.5% |
| Financial fixed assets | 28 | €6,341 | €6,341 | = | 0.0% |
| Current assets | 29/58 | €1,805,394 | €1,831,276 | +€25,882 | +1.4% |
| Amounts receivable within one year | 40/41 | €1,741,178 | €1,784,904 | +€43,726 | +2.5% |
| Trade receivables | 40 | €863,126 | €850,281 | -€12,845 | -1.5% |
| Other amounts receivable | 41 | €878,053 | €934,623 | +€56,571 | +6.4% |
| Cash at bank and in hand | 54/58 | €59,054 | €40,492 | -€18,561 | -31.4% |
| Deferred charges and accrued income | 490/1 | €5,162 | €5,880 | +€718 | +13.9% |
| Total equity and liabilities | 10/49 | €1,818,288 | €1,841,954 | +€23,666 | +1.3% |
| Equity | 10/15 | €701,802 | €707,293 | +€5,492 | +0.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €633,602 | €639,093 | +€5,492 | +0.9% |
| Provisions and deferred taxes | 16 | €240,299 | €240,299 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €240,299 | €240,299 | = | 0.0% |
| Pensions and similar obligations | 160 | €240,299 | €240,299 | = | 0.0% |
| Amounts payable | 17/49 | €876,187 | €894,361 | +€18,174 | +2.1% |
| Amounts payable within one year | 42/48 | €876,187 | €894,361 | +€18,174 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €1,032 | €1,032 | = | 0.0% |
| Trade debts | 44 | €138,544 | €163,887 | +€25,343 | +18.3% |
| Suppliers | 440/4 | €4,177 | €2,956 | -€1,221 | -29.2% |
| Bills of exchange payable | 441 | €134,367 | €160,931 | +€26,564 | +19.8% |
| Taxes, remuneration and social security | 45 | €84,411 | €61,095 | -€23,316 | -27.6% |
| Taxes | 450/3 | €81,205 | €57,889 | -€23,316 | -28.7% |
| Remuneration and social security | 454/9 | €3,206 | €3,206 | = | 0.0% |
| Other amounts payable | 47/48 | €652,201 | €668,347 | +€16,146 | +2.5% |
| Remuneration, social security and pensions | 62 | €1,371 | €787 | -€584 | -42.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,334 | €3,605 | +€271 | +8.1% |
| Other operating charges | 640/8 | €1,444 | - | -€1,444 | |
| Gross operating margin | 9900 | €108,667 | €17,107 | -€91,560 | -84.3% |
| Operating profit (loss) | 9901 | €102,517 | €12,715 | -€89,802 | -87.6% |
| Financial charges | 65/66B | €1,350 | €136 | -€1,214 | -89.9% |
| Recurring financial charges | 65 | €1,350 | €136 | -€1,214 | -89.9% |
| Profit (loss) for the period before taxes | 9903 | €101,167 | €12,578 | -€88,589 | -87.6% |
| Income taxes | 67/77 | €31,208 | €7,087 | -€24,121 | -77.3% |
| Profit (loss) for the period | 9904 | €69,960 | €5,492 | -€64,468 | -92.2% |
| Profit (loss) for the period to be appropriated | 9905 | €69,960 | €5,492 | -€64,468 | -92.2% |
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 3 October 2026 via checked.be.