VAN DYCK GERT: 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.
VAN DYCK GERT
Largest movements
- Current investments +€99,527
up €99,527 (+14.3%), from €693,590 to €793,116
- Tangible fixed assets +€80,973
up €80,973 (+23.6%), from €343,164 to €424,137
of which Furniture and vehicles: +€105,486
- Deferred charges and accrued income +€20,861
up €20,861 (+535%), from €3,902 to €24,764
- Other debts +€103,717
up €103,717 (+274%), from €37,901 to €141,618
- Reserves +€96,989
up €96,989 (+9.4%), from €1.0m to €1.1m
of which Distributable reserves: +€96,989
- Trade debts -€35,923
down €35,923 (-19.1%), from €188,268 to €152,345
- Debts after one year +€27,363
up €27,363 (+9.4%), from €292,535 to €319,898
- Current portion of long-term debt +€26,225
up €26,225 (+44.9%), from €58,365 to €84,590
- Gross operating margin +€113,249
up €113,249 (+21.3%), from €531,039 to €644,288
- Depreciation +€23,703
up €23,703 (+31.1%), from €76,223 to €99,927
- Taxes +€19,435
up €19,435 (+20.9%), from €92,794 to €112,229
- Staff costs +€8,232
up €8,232 (+5.5%), from €149,257 to €157,489
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,714,684 | €1,921,854 | +€207,170 | +12.1% |
| Fixed assets | 21/28 | €343,349 | €424,322 | +€80,973 | +23.6% |
| Tangible fixed assets | 22/27 | €343,164 | €424,137 | +€80,973 | +23.6% |
| Land and buildings | 22 | €174,739 | €160,343 | -€14,395 | -8.2% |
| Plant, machinery and equipment | 23 | €15,046 | €4,929 | -€10,117 | -67.2% |
| Furniture and vehicles | 24 | €153,379 | €258,865 | +€105,486 | +68.8% |
| Financial fixed assets | 28 | €185 | €185 | = | 0.0% |
| Current assets | 29/58 | €1,371,335 | €1,497,532 | +€126,197 | +9.2% |
| Stocks and contracts in progress | 3 | €15,828 | €16,836 | +€1,008 | +6.4% |
| Stocks | 30/36 | €15,828 | €16,836 | +€1,008 | +6.4% |
| Amounts receivable within one year | 40/41 | €232,432 | €227,571 | -€4,861 | -2.1% |
| Trade receivables | 40 | €198,196 | €198,317 | +€121 | +0.1% |
| Other amounts receivable | 41 | €34,236 | €29,254 | -€4,982 | -14.6% |
| Current investments | 50/53 | €693,590 | €793,116 | +€99,527 | +14.3% |
| Cash at bank and in hand | 54/58 | €425,583 | €435,245 | +€9,663 | +2.3% |
| Deferred charges and accrued income | 490/1 | €3,902 | €24,764 | +€20,861 | +535% |
| Total equity and liabilities | 10/49 | €1,714,684 | €1,921,854 | +€207,170 | +12.1% |
| Equity | 10/15 | €1,096,459 | €1,193,449 | +€96,989 | +8.8% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €1,026,459 | €1,123,449 | +€96,989 | +9.4% |
| Non-distributable reserves | 130/1 | €7,000 | €7,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,000 | €7,000 | = | 0.0% |
| Distributable reserves | 133 | €1,019,459 | €1,116,449 | +€96,989 | +9.5% |
| Amounts payable | 17/49 | €618,225 | €728,406 | +€110,181 | +17.8% |
| Amounts payable after more than one year | 17 | €292,535 | €319,898 | +€27,363 | +9.4% |
| Financial debts | 170/4 | €292,535 | €319,898 | +€27,363 | +9.4% |
| Amounts payable within one year | 42/48 | €325,689 | €408,507 | +€82,818 | +25.4% |
| Current portion of amounts payable after more than one year | 42 | €58,365 | €84,590 | +€26,225 | +44.9% |
| Trade debts | 44 | €188,268 | €152,345 | -€35,923 | -19.1% |
| Suppliers | 440/4 | €188,268 | €152,345 | -€35,923 | -19.1% |
| Taxes, remuneration and social security | 45 | €41,155 | €29,954 | -€11,201 | -27.2% |
| Taxes | 450/3 | €24,577 | €12,320 | -€12,257 | -49.9% |
| Remuneration and social security | 454/9 | €16,578 | €17,634 | +€1,056 | +6.4% |
| Other amounts payable | 47/48 | €37,901 | €141,618 | +€103,717 | +274% |
| Non-recurring operating income | 76A | - | €1,692 | +€1,692 | |
| Remuneration, social security and pensions | 62 | €149,257 | €157,489 | +€8,232 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,223 | €99,927 | +€23,703 | +31.1% |
| Other operating charges | 640/8 | €9,281 | €7,864 | -€1,417 | -15.3% |
| Non-recurring operating charges | 66A | €3,198 | €23,128 | +€19,931 | +623% |
| Gross operating margin | 9900 | €531,039 | €644,288 | +€113,249 | +21.3% |
| Operating profit (loss) | 9901 | €293,080 | €355,880 | +€62,800 | +21.4% |
| Financial income | 75/76B | €11,051 | €12,962 | +€1,911 | +17.3% |
| Recurring financial income | 75 | €11,051 | €12,962 | +€1,911 | +17.3% |
| Financial charges | 65/66B | €8,575 | €10,552 | +€1,977 | +23.1% |
| Recurring financial charges | 65 | €8,575 | €10,552 | +€1,977 | +23.1% |
| Profit (loss) for the period before taxes | 9903 | €295,556 | €358,290 | +€62,734 | +21.2% |
| Income taxes | 67/77 | €92,794 | €112,229 | +€19,435 | +20.9% |
| Profit (loss) for the period | 9904 | €202,762 | €246,061 | +€43,299 | +21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €202,762 | €246,061 | +€43,299 | +21.4% |
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 28 October 2026 via checked.be.