VAN ECCELPOEL: what changed
What changed
VAN ECCELPOEL
NACE 47.110, Non-specialised retail sale with food, beverages or tobacco predominating
filed annual accounts (NBB)
Net result for the year
€1.0m
2024 · €1.0m-€16,002
Equity
€3.1m
2024 · €3.0m+€30,126
Cash
€832,400
2024 · €851,473-€19,073
Balance sheet total
€9.2m
2024 · €8.9m+€262,259
Largest movements
Assets
- Tangible fixed assets +€262,665
up €262,665 (+5.3%), from €5.0m to €5.3m
of which Assets under construction and advance payments: +€473,985
Equity and liabilities
- Advances received -€166,725
down €166,725 (-73.1%), from €227,988 to €61,263
- Trade debts +€147,920
up €147,920 (+60.4%), from €244,931 to €392,850
- Tax, wage and social debts +€109,885
up €109,885 (+57.5%), from €191,167 to €301,052
of which Remuneration and social security: +€103,118
Income statement
- Turnover +€590,656
up €590,656 (+4.3%), from €13.8m to €14.4m
- Goods and materials +€371,537
up €371,537 (+4.6%), from €8.1m to €8.4m
of which Change in stocks: decrease (increase): +€252,820
- Services and other goods +€217,970
up €217,970 (+8.2%), from €2.6m to €2.9m
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.
Result 2024
€1.0m
Turnover
+€590,656
Other operating income
+€3,783
Goods and materials
-€371,537
Services and other goods
-€217,970
Staff costs
+€11,455
Depreciation
+€5,147
Other operating charges
-€29,622
Other operating items
-€2,893
Financial income
-€2,165
Financial charges
+€1,465
Taxes
-€4,321
Result 2025
€1.0m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€1.5m
Investment
-€615,385
Financing
-€908,948
Cash 2024
€851,473
From operations (derived)
+€1.5m
Net result for the year
+€1.0m
Depreciation
+€344,977
Stocks and contracts
-€45,331
Receivables within one year
+€50,281
Deferred charges and accrued income
-€15,875
Trade debts
+€147,920
Tax, wage and social debts
+€109,885
Advances received
-€166,725
Other debts
+€50,000
Investment (derived)
-€615,385
Investment in fixed assets (net)
-€615,385
Financing
-€908,948
Debts after one year
+€65,638
Current portion of long-term debt
+€25,414
Contributions, distributions and other
-€1.0m
Cash 2025
€832,400
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,907,299 | €9,169,558 | +€262,259 | +2.9% |
| Fixed assets | 21/28 | €5,026,808 | €5,297,216 | +€270,408 | +5.4% |
| Intangible fixed assets | 21 | €1,315 | €7,916 | +€6,601 | +502% |
| Tangible fixed assets | 22/27 | €5,000,477 | €5,263,141 | +€262,665 | +5.3% |
| Land and buildings | 22 | €4,330,144 | €4,102,502 | -€227,642 | -5.3% |
| Plant, machinery and equipment | 23 | €87,606 | €112,895 | +€25,289 | +28.9% |
| Furniture and vehicles | 24 | €264,570 | €255,601 | -€8,968 | -3.4% |
| Assets under construction and advance payments | 27 | €318,157 | €792,143 | +€473,985 | +149% |
| Financial fixed assets | 28 | €25,017 | €26,159 | +€1,142 | +4.6% |
| Other financial fixed assets | 284/8 | €25,017 | €26,159 | +€1,142 | +4.6% |
| Shares | 284 | €4,951 | €4,951 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €20,066 | €21,207 | +€1,142 | +5.7% |
| Current assets | 29/58 | €3,880,491 | €3,872,342 | -€8,149 | -0.2% |
| Stocks and contracts in progress | 3 | €1,745,011 | €1,790,342 | +€45,331 | +2.6% |
| Stocks | 30/36 | €1,745,011 | €1,790,342 | +€45,331 | +2.6% |
| Goods purchased for resale | 34 | €1,745,011 | €1,790,342 | +€45,331 | +2.6% |
| Amounts receivable within one year | 40/41 | €1,267,364 | €1,217,082 | -€50,281 | -4.0% |
| Trade receivables | 40 | €1,067,364 | €1,015,751 | -€51,613 | -4.8% |
| Other amounts receivable | 41 | €200,000 | €201,332 | +€1,332 | +0.7% |
| Cash at bank and in hand | 54/58 | €851,473 | €832,400 | -€19,073 | -2.2% |
| Deferred charges and accrued income | 490/1 | €16,643 | €32,518 | +€15,875 | +95.4% |
| Total equity and liabilities | 10/49 | €8,907,299 | €9,169,558 | +€262,259 | +2.9% |
| Equity | 10/15 | €3,040,557 | €3,070,683 | +€30,126 | +1.0% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €2,978,557 | €3,008,683 | +€30,126 | +1.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €2,972,357 | €3,002,483 | +€30,126 | +1.0% |
| Amounts payable | 17/49 | €5,866,742 | €6,098,875 | +€232,133 | +4.0% |
| Amounts payable after more than one year | 17 | €3,537,560 | €3,603,198 | +€65,638 | +1.9% |
| Financial debts | 170/4 | €3,537,560 | €3,603,198 | +€65,638 | +1.9% |
| Credit institutions | 173 | €3,537,560 | €3,603,198 | +€65,638 | +1.9% |
| Amounts payable within one year | 42/48 | €2,329,182 | €2,495,677 | +€166,495 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | €365,097 | €390,511 | +€25,414 | +7.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €244,931 | €392,850 | +€147,920 | +60.4% |
| Suppliers | 440/4 | €244,931 | €392,850 | +€147,920 | +60.4% |
| Advances received on contracts in progress | 46 | €227,988 | €61,263 | -€166,725 | -73.1% |
| Taxes, remuneration and social security | 45 | €191,167 | €301,052 | +€109,885 | +57.5% |
| Taxes | 450/3 | €56,046 | €62,814 | +€6,767 | +12.1% |
| Remuneration and social security | 454/9 | €135,121 | €238,239 | +€103,118 | +76.3% |
| Other amounts payable | 47/48 | €1,300,000 | €1,350,000 | +€50,000 | +3.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Operating income | 70/76A | €13,837,409 | €14,428,956 | +€591,547 | +4.3% |
| Turnover | 70 | €13,784,696 | €14,375,352 | +€590,656 | +4.3% |
| Other operating income | 74 | €49,820 | €53,604 | +€3,783 | +7.6% |
| Non-recurring operating income | 76A | €2,893 | €0 | -€2,893 | -100% |
| Operating charges | 60/66A | €12,725,723 | €13,328,251 | +€602,527 | +4.7% |
| Goods for resale, raw materials and consumables | 60 | €8,053,979 | €8,425,515 | +€371,537 | +4.6% |
| Purchases | 600/8 | €8,352,130 | €8,470,846 | +€118,716 | +1.4% |
| Change in stocks: decrease (increase) | 609 | -€298,151 | -€45,331 | +€252,820 | +84.8% |
| Services and other goods | 61 | €2,648,041 | €2,866,012 | +€217,970 | +8.2% |
| Remuneration, social security and pensions | 62 | €1,476,449 | €1,464,993 | -€11,455 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €350,124 | €344,977 | -€5,147 | -1.5% |
| Other operating charges | 640/8 | €197,131 | €226,753 | +€29,622 | +15.0% |
| Operating profit (loss) | 9901 | €1,111,685 | €1,100,705 | -€10,980 | -1.0% |
| Financial income | 75/76B | €50,199 | €48,034 | -€2,165 | -4.3% |
| Recurring financial income | 75 | €50,199 | €48,034 | -€2,165 | -4.3% |
| Income from current assets | 751 | €377 | €784 | +€407 | +108% |
| Other financial income | 752/9 | €49,822 | €47,250 | -€2,572 | -5.2% |
| Financial charges | 65/66B | €87,287 | €85,822 | -€1,465 | -1.7% |
| Recurring financial charges | 65 | €87,287 | €85,822 | -€1,465 | -1.7% |
| Debt charges | 650 | €72,932 | €71,146 | -€1,786 | -2.4% |
| Other financial charges | 652/9 | €14,355 | €14,676 | +€321 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | €1,074,597 | €1,062,916 | -€11,681 | -1.1% |
| Income taxes | 67/77 | €28,469 | €32,790 | +€4,321 | +15.2% |
| Taxes | 670/3 | €28,469 | €32,790 | +€4,321 | +15.2% |
| Profit (loss) for the period | 9904 | €1,046,128 | €1,030,126 | -€16,002 | -1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,046,128 | €1,030,126 | -€16,002 | -1.5% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.