VAN DYCK BOUW: what changed
VAN DYCK BOUW
Largest movements
- Cash +€351,011
up €351,011 (+576%), from €60,901 to €411,912
mainly Net result for the year (+€206,751) and Current investments (+€99,430)
- Current investments -€99,430
down €99,430 (-49.4%), from €201,424 to €101,995
- Stocks and contracts +€89,827
up €89,827 (+736%), from €12,200 to €102,027
of which Contracts in progress: +€50,000
- Receivables within one year -€61,386
down €61,386 (-44.3%), from €138,590 to €77,204
of which Trade receivables: -€49,761
- Reserves +€110,382
up €110,382 (+16.5%), from €667,299 to €777,680
of which Distributable reserves: +€110,382
- Trade debts +€99,053
up €99,053 (+253%), from €39,176 to €138,229
- Other debts +€91,551
new in 2025: €91,551
- Debts after one year -€43,222
down €43,222 (-33.0%), from €130,791 to €87,569
- Tax, wage and social debts +€16,324
up €16,324 (+89.0%), from €18,338 to €34,662
of which Taxes: +€12,441
- Gross operating margin +€61,940
up €61,940 (+12.6%), from €490,519 to €552,460
- Provisions +€50,000
no longer reported in 2025 (was -€50,000)
- Staff costs -€36,361
down €36,361 (-15.8%), from €230,277 to €193,915
- Taxes +€14,437
up €14,437 (+18.6%), from €77,484 to €91,921
- Depreciation +€6,856
up €6,856 (+13.7%), from €50,067 to €56,923
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 | €947,056 | €1,221,513 | +€274,458 | +29.0% |
| Fixed assets | 21/28 | €533,940 | €528,375 | -€5,564 | -1.0% |
| Tangible fixed assets | 22/27 | €532,728 | €527,163 | -€5,564 | -1.0% |
| Land and buildings | 22 | €427,156 | €410,459 | -€16,697 | -3.9% |
| Plant, machinery and equipment | 23 | €38,935 | €38,055 | -€881 | -2.3% |
| Furniture and vehicles | 24 | €64,017 | €76,030 | +€12,013 | +18.8% |
| Leasing and similar rights | 25 | €2,620 | €2,620 | = | 0.0% |
| Financial fixed assets | 28 | €1,212 | €1,212 | = | 0.0% |
| Current assets | 29/58 | €413,116 | €693,138 | +€280,022 | +67.8% |
| Stocks and contracts in progress | 3 | €12,200 | €102,027 | +€89,827 | +736% |
| Stocks | 30/36 | €2,200 | €42,027 | +€39,827 | +1,810% |
| Contracts in progress | 37 | €10,000 | €60,000 | +€50,000 | +500% |
| Amounts receivable within one year | 40/41 | €138,590 | €77,204 | -€61,386 | -44.3% |
| Trade receivables | 40 | €69,575 | €19,814 | -€49,761 | -71.5% |
| Other amounts receivable | 41 | €69,015 | €57,390 | -€11,625 | -16.8% |
| Current investments | 50/53 | €201,424 | €101,995 | -€99,430 | -49.4% |
| Cash at bank and in hand | 54/58 | €60,901 | €411,912 | +€351,011 | +576% |
| Total equity and liabilities | 10/49 | €947,056 | €1,221,513 | +€274,458 | +29.0% |
| Equity | 10/15 | €685,899 | €796,280 | +€110,382 | +16.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €667,299 | €777,680 | +€110,382 | +16.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €665,439 | €775,820 | +€110,382 | +16.6% |
| Provisions and deferred taxes | 16 | €30,000 | €30,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €30,000 | €30,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €30,000 | €30,000 | = | 0.0% |
| Amounts payable | 17/49 | €231,157 | €395,233 | +€164,076 | +71.0% |
| Amounts payable after more than one year | 17 | €130,791 | €87,569 | -€43,222 | -33.0% |
| Financial debts | 170/4 | €130,791 | €87,569 | -€43,222 | -33.0% |
| Amounts payable within one year | 42/48 | €100,366 | €307,664 | +€207,298 | +207% |
| Current portion of amounts payable after more than one year | 42 | €42,852 | €43,222 | +€371 | +0.9% |
| Trade debts | 44 | €39,176 | €138,229 | +€99,053 | +253% |
| Suppliers | 440/4 | €39,176 | €138,229 | +€99,053 | +253% |
| Taxes, remuneration and social security | 45 | €18,338 | €34,662 | +€16,324 | +89.0% |
| Taxes | 450/3 | €18,338 | €30,779 | +€12,441 | +67.8% |
| Remuneration and social security | 454/9 | - | €3,883 | +€3,883 | |
| Other amounts payable | 47/48 | - | €91,551 | +€91,551 | |
| Non-recurring operating income | 76A | €1,001 | €124 | -€877 | -87.6% |
| Remuneration, social security and pensions | 62 | €230,277 | €193,915 | -€36,361 | -15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,067 | €56,923 | +€6,856 | +13.7% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€50,000 | - | +€50,000 | |
| Other operating charges | 640/8 | €3,293 | €2,383 | -€910 | -27.6% |
| Gross operating margin | 9900 | €490,519 | €552,460 | +€61,940 | +12.6% |
| Operating profit (loss) | 9901 | €256,883 | €299,239 | +€42,356 | +16.5% |
| Financial income | 75/76B | €6,170 | €3,261 | -€2,908 | -47.1% |
| Recurring financial income | 75 | €6,170 | €3,261 | -€2,908 | -47.1% |
| Financial charges | 65/66B | €2,189 | €3,828 | +€1,640 | +74.9% |
| Recurring financial charges | 65 | €2,189 | €3,828 | +€1,640 | +74.9% |
| Profit (loss) for the period before taxes | 9903 | €260,864 | €298,671 | +€37,807 | +14.5% |
| Income taxes | 67/77 | €77,484 | €91,921 | +€14,437 | +18.6% |
| Profit (loss) for the period | 9904 | €183,380 | €206,751 | +€23,371 | +12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €183,380 | €206,751 | +€23,371 | +12.7% |
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 7 November 2026 via checked.be.