VAN DUYSE: 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 DUYSE
Largest movements
- Receivables within one year +€22,338
up €22,338 (+42.5%), from €52,563 to €74,900
of which Trade receivables: +€15,924
- Cash +€14,270
up €14,270 (+51.4%), from €27,739 to €42,009
mainly Net result for the year (+€35,664) and Other debts (+€15,846)
- Tangible fixed assets -€4,355
down €4,355 (-25.1%), from €17,345 to €12,991
of which Furniture and vehicles: -€5,147
- Reserves +€19,818
up €19,818 (+35.8%), from €55,320 to €75,138
- Other debts +€15,846
new in 2025: €15,846
- Tax, wage and social debts -€2,451
down €2,451 (-34.6%), from €7,094 to €4,643
- Gross operating margin +€27,800
up €27,800 (+49.7%), from €55,933 to €83,733
- Taxes +€7,759
up €7,759 (+88.4%), from €8,779 to €16,538
- Staff costs +€1,064
up €1,064 (+4.6%), from €22,901 to €23,965
- Depreciation -€951
down €951 (-14.5%), from €6,563 to €5,611
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 | €100,514 | €132,962 | +€32,447 | +32.3% |
| Fixed assets | 21/28 | €17,345 | €12,991 | -€4,355 | -25.1% |
| Tangible fixed assets | 22/27 | €17,345 | €12,991 | -€4,355 | -25.1% |
| Plant, machinery and equipment | 23 | €5,800 | €6,592 | +€792 | +13.7% |
| Furniture and vehicles | 24 | €11,545 | €6,398 | -€5,147 | -44.6% |
| Current assets | 29/58 | €83,169 | €119,971 | +€36,802 | +44.2% |
| Amounts receivable within one year | 40/41 | €52,563 | €74,900 | +€22,338 | +42.5% |
| Trade receivables | 40 | €12,207 | €28,131 | +€15,924 | +130.5% |
| Other amounts receivable | 41 | €40,356 | €46,769 | +€6,413 | +15.9% |
| Cash at bank and in hand | 54/58 | €27,739 | €42,009 | +€14,270 | +51.4% |
| Deferred charges and accrued income | 490/1 | €2,867 | €3,062 | +€195 | +6.8% |
| Total equity and liabilities | 10/49 | €100,514 | €132,962 | +€32,447 | +32.3% |
| Equity | 10/15 | €88,041 | €107,859 | +€19,818 | +22.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €55,320 | €75,138 | +€19,818 | +35.8% |
| Distributable reserves | 133 | €55,320 | €75,138 | +€19,818 | +35.8% |
| Profit (loss) carried forward | 14 | €14,121 | €14,121 | = | 0.0% |
| Amounts payable | 17/49 | €12,473 | €25,103 | +€12,629 | +101.2% |
| Amounts payable within one year | 42/48 | €12,473 | €25,103 | +€12,629 | +101.2% |
| Trade debts | 44 | €5,379 | €4,614 | -€765 | -14.2% |
| Suppliers | 440/4 | €5,379 | €4,614 | -€765 | -14.2% |
| Taxes, remuneration and social security | 45 | €7,094 | €4,643 | -€2,451 | -34.6% |
| Taxes | 450/3 | €7,094 | €4,643 | -€2,451 | -34.6% |
| Other amounts payable | 47/48 | - | €15,846 | +€15,846 | |
| Non-recurring operating income | 76A | - | €18,070 | +€18,070 | |
| Remuneration, social security and pensions | 62 | €22,901 | €23,965 | +€1,064 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,563 | €5,611 | -€951 | -14.5% |
| Other operating charges | 640/8 | €1,860 | €1,539 | -€322 | -17.3% |
| Gross operating margin | 9900 | €55,933 | €83,733 | +€27,800 | +49.7% |
| Operating profit (loss) | 9901 | €24,609 | €52,618 | +€28,009 | +113.8% |
| Financial income | 75/76B | €1,913 | €2,020 | +€107 | +5.6% |
| Recurring financial income | 75 | €1,913 | €2,020 | +€107 | +5.6% |
| Financial charges | 65/66B | €2,159 | €2,437 | +€278 | +12.9% |
| Recurring financial charges | 65 | €2,159 | €2,437 | +€278 | +12.9% |
| Profit (loss) for the period before taxes | 9903 | €24,363 | €52,201 | +€27,838 | +114.3% |
| Income taxes | 67/77 | €8,779 | €16,538 | +€7,759 | +88.4% |
| Profit (loss) for the period | 9904 | €15,585 | €35,664 | +€20,079 | +128.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,585 | €35,664 | +€20,079 | +128.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.