VAN DZEYT: 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 DZEYT
Largest movements
- Cash +€30,669
up €30,669 (+152%), from €20,189 to €50,858
mainly Trade debts (+€33,866) and Net result for the year (+€32,900)
- Receivables within one year -€2,521
down €2,521 (-2.6%), from €98,608 to €96,086
of which Trade receivables: -€8,130
- Trade debts +€33,866
up €33,866 (+371%), from €9,132 to €42,998
- Profit (loss) carried forward +€21,135
up €21,135 (+18.4%), from €114,558 to €135,693
- Other debts -€14,821
no longer reported in 2025 (was €14,821)
- Tax, wage and social debts -€11,090
down €11,090 (-18.8%), from €59,142 to €48,053
of which Taxes: -€17,132
- Staff costs +€42,695
up €42,695 (+20.6%), from €207,486 to €250,182
- Taxes -€7,812
down €7,812 (-41.6%), from €18,779 to €10,967
- Depreciation +€7,721
up €7,721 (+43.2%), from €17,886 to €25,607
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 | €198,653 | €227,744 | +€29,090 | +14.6% |
| Fixed assets | 21/28 | €79,857 | €80,800 | +€943 | +1.2% |
| Tangible fixed assets | 22/27 | €75,857 | €75,750 | -€107 | -0.1% |
| Furniture and vehicles | 24 | €75,857 | €75,750 | -€107 | -0.1% |
| Financial fixed assets | 28 | €4,000 | €5,050 | +€1,050 | +26.3% |
| Current assets | 29/58 | €118,797 | €146,944 | +€28,147 | +23.7% |
| Amounts receivable within one year | 40/41 | €98,608 | €96,086 | -€2,521 | -2.6% |
| Trade receivables | 40 | €98,608 | €90,478 | -€8,130 | -8.2% |
| Other amounts receivable | 41 | - | €5,608 | +€5,608 | |
| Cash at bank and in hand | 54/58 | €20,189 | €50,858 | +€30,669 | +152% |
| Total equity and liabilities | 10/49 | €198,653 | €227,744 | +€29,090 | +14.6% |
| Equity | 10/15 | €115,558 | €136,693 | +€21,135 | +18.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €114,558 | €135,693 | +€21,135 | +18.4% |
| Amounts payable | 17/49 | €83,096 | €91,051 | +€7,955 | +9.6% |
| Amounts payable within one year | 42/48 | €83,096 | €91,051 | +€7,955 | +9.6% |
| Trade debts | 44 | €9,132 | €42,998 | +€33,866 | +371% |
| Suppliers | 440/4 | €9,132 | €42,998 | +€33,866 | +371% |
| Taxes, remuneration and social security | 45 | €59,142 | €48,053 | -€11,090 | -18.8% |
| Taxes | 450/3 | €42,205 | €25,073 | -€17,132 | -40.6% |
| Remuneration and social security | 454/9 | €16,937 | €22,979 | +€6,042 | +35.7% |
| Other amounts payable | 47/48 | €14,821 | - | -€14,821 | |
| Remuneration, social security and pensions | 62 | €207,486 | €250,182 | +€42,695 | +20.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,886 | €25,607 | +€7,721 | +43.2% |
| Other operating charges | 640/8 | €997 | €2,543 | +€1,546 | +155% |
| Gross operating margin | 9900 | €320,968 | €323,148 | +€2,180 | +0.7% |
| Operating profit (loss) | 9901 | €94,599 | €44,817 | -€49,782 | -52.6% |
| Financial income | 75/76B | €0 | €1 | +€1 | +1,920% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +1,920% |
| Financial charges | 65/66B | €704 | €952 | +€248 | +35.2% |
| Recurring financial charges | 65 | €704 | €952 | +€248 | +35.2% |
| Profit (loss) for the period before taxes | 9903 | €93,895 | €43,866 | -€50,028 | -53.3% |
| Income taxes | 67/77 | €18,779 | €10,967 | -€7,812 | -41.6% |
| Profit (loss) for the period | 9904 | €75,116 | €32,900 | -€42,216 | -56.2% |
| Profit (loss) for the period to be appropriated | 9905 | €75,116 | €32,900 | -€42,216 | -56.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.