VAN DYCK: what changed
VAN DYCK
Largest movements
- Cash -€2,492
down €2,492 (-77.7%), from €3,208 to €716
mainly Trade debts (-€8,088) and Current portion of long-term debt (-€3,902)
- Tangible fixed assets -€1,974
down €1,974 (-15.8%), from €12,462 to €10,488
- Receivables within one year -€1,012
down €1,012 (-6.7%), from €15,182 to €14,171
of which Trade receivables: -€6,567
- Deferred charges and accrued income -€769
down €769 (-56.0%), from €1,373 to €604
- Trade debts -€8,088
down €8,088 (-36.4%), from €22,198 to €14,111
- Current portion of long-term debt -€3,902
down €3,902 (-70.1%), from €5,569 to €1,668
- Debts after one year +€2,199
new in 2025: €2,199
- Reserves +€1,838
up €1,838 (+22,496%), from €8 to €1,846
- Accrued charges and deferred income +€1,179
new in 2025: €1,179
- Gross operating margin +€3,707
up €3,707 (+53.8%), from €6,891 to €10,598
- Depreciation +€1,193
up €1,193 (+153%), from €782 to €1,974
- Taxes +€1,004
up €1,004 (+201%), from €500 to €1,504
- Financial charges -€454
down €454 (-9.5%), from €4,769 to €4,315
- Other operating charges +€193
up €193 (+22.6%), from €855 to €1,047
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,225 | €25,978 | -€6,247 | -19.4% |
| Fixed assets | 21/28 | €12,462 | €10,488 | -€1,974 | -15.8% |
| Tangible fixed assets | 22/27 | €12,462 | €10,488 | -€1,974 | -15.8% |
| Plant, machinery and equipment | 23 | €12,462 | €10,488 | -€1,974 | -15.8% |
| Current assets | 29/58 | €19,763 | €15,490 | -€4,273 | -21.6% |
| Amounts receivable within one year | 40/41 | €15,182 | €14,171 | -€1,012 | -6.7% |
| Trade receivables | 40 | €6,682 | €115 | -€6,567 | -98.3% |
| Other amounts receivable | 41 | €8,500 | €14,056 | +€5,556 | +65.4% |
| Cash at bank and in hand | 54/58 | €3,208 | €716 | -€2,492 | -77.7% |
| Deferred charges and accrued income | 490/1 | €1,373 | €604 | -€769 | -56.0% |
| Total equity and liabilities | 10/49 | €32,225 | €25,978 | -€6,247 | -19.4% |
| Equity | 10/15 | €2,508 | €4,346 | +€1,838 | +73.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €8 | €1,846 | +€1,838 | +22,496% |
| Distributable reserves | 133 | €8 | €1,846 | +€1,838 | +22,496% |
| Amounts payable | 17/49 | €29,717 | €21,632 | -€8,085 | -27.2% |
| Amounts payable after more than one year | 17 | - | €2,199 | +€2,199 | |
| Financial debts | 170/4 | - | €2,199 | +€2,199 | |
| Amounts payable within one year | 42/48 | €29,717 | €18,254 | -€11,463 | -38.6% |
| Current portion of amounts payable after more than one year | 42 | €5,569 | €1,668 | -€3,902 | -70.1% |
| Trade debts | 44 | €22,198 | €14,111 | -€8,088 | -36.4% |
| Suppliers | 440/4 | €22,198 | €14,111 | -€8,088 | -36.4% |
| Taxes, remuneration and social security | 45 | €1,949 | €2,475 | +€527 | +27.0% |
| Taxes | 450/3 | €1,949 | €475 | -€1,473 | -75.6% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Accrued charges and deferred income | 492/3 | - | €1,179 | +€1,179 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €782 | €1,974 | +€1,193 | +153% |
| Other operating charges | 640/8 | €855 | €1,047 | +€193 | +22.6% |
| Gross operating margin | 9900 | €6,891 | €10,598 | +€3,707 | +53.8% |
| Operating profit (loss) | 9901 | €5,254 | €7,576 | +€2,322 | +44.2% |
| Financial income | 75/76B | €23 | €81 | +€58 | +252% |
| Recurring financial income | 75 | €23 | €81 | +€58 | +252% |
| Financial charges | 65/66B | €4,769 | €4,315 | -€454 | -9.5% |
| Recurring financial charges | 65 | €4,769 | €4,315 | -€454 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €508 | €3,342 | +€2,834 | +558% |
| Income taxes | 67/77 | €500 | €1,504 | +€1,004 | +201% |
| Profit (loss) for the period | 9904 | €8 | €1,838 | +€1,830 | +22,396% |
| Profit (loss) for the period to be appropriated | 9905 | €8 | €1,838 | +€1,830 | +22,396% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.