VAN EECKE & CO: what changed
Two fiscal 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 EECKE & CO
Largest movements
- Cash -€23,803
down €23,803 (-52.3%), from €45,470 to €21,667
mainly Net result for the year (-€33,518) and Trade debts (-€13,073)
- Tangible fixed assets -€13,037
down €13,037 (-42.7%), from €30,549 to €17,512
of which Other tangible fixed assets: -€9,986
- Stocks and contracts -€6,451
no longer reported in 2024 (was €6,451)
- Financial fixed assets +€3,096
up €3,096 (+10.6%), from €29,187 to €32,283
- Deferred charges and accrued income -€1,538
down €1,538 (-9.2%), from €16,759 to €15,221
- Profit (loss) carried forward -€33,518
down €33,518 (-2252.0%), from -€1,488 to -€35,006
- Trade debts -€13,073
down €13,073 (-58.5%), from €22,332 to €9,260
- Other debts +€6,944
up €6,944 (+16.7%), from €41,508 to €48,452
- Tax, wage and social debts -€3,778
down €3,778 (-25.0%), from €15,103 to €11,325
of which Remuneration and social security: -€3,966
- Revaluation surpluses +€3,096
up €3,096 (+121.2%), from €2,554 to €5,650
- Gross operating margin -€44,665
down €44,665 (-21.7%), from €206,283 to €161,618
- Staff costs -€14,103
down €14,103 (-7.3%), from €192,730 to €178,627
- Financial income +€2,191
up €2,191 (+895.2%), from €245 to €2,436
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €138,743 | €98,415 | -€40,329 | -29.1% |
| Fixed assets | 21/28 | €59,736 | €49,795 | -€9,941 | -16.6% |
| Tangible fixed assets | 22/27 | €30,549 | €17,512 | -€13,037 | -42.7% |
| Plant, machinery and equipment | 23 | €9,508 | €5,011 | -€4,497 | -47.3% |
| Furniture and vehicles | 24 | €5,497 | €6,943 | +€1,447 | +26.3% |
| Other tangible fixed assets | 26 | €15,544 | €5,558 | -€9,986 | -64.2% |
| Financial fixed assets | 28 | €29,187 | €32,283 | +€3,096 | +10.6% |
| Current assets | 29/58 | €79,008 | €48,620 | -€30,388 | -38.5% |
| Stocks and contracts in progress | 3 | €6,451 | - | -€6,451 | |
| Stocks | 30/36 | €6,451 | - | -€6,451 | |
| Amounts receivable within one year | 40/41 | €10,328 | €11,732 | +€1,404 | +13.6% |
| Trade receivables | 40 | €7,366 | €9,028 | +€1,662 | +22.6% |
| Other amounts receivable | 41 | €2,962 | €2,704 | -€257 | -8.7% |
| Cash at bank and in hand | 54/58 | €45,470 | €21,667 | -€23,803 | -52.3% |
| Deferred charges and accrued income | 490/1 | €16,759 | €15,221 | -€1,538 | -9.2% |
| Total equity and liabilities | 10/49 | €138,743 | €98,415 | -€40,329 | -29.1% |
| Equity | 10/15 | €59,800 | €29,379 | -€30,422 | -50.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €2,554 | €5,650 | +€3,096 | +121.2% |
| Reserves | 13 | €40,135 | €40,135 | = | 0.0% |
| 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 | €38,275 | €38,275 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,488 | -€35,006 | -€33,518 | -2252.0% |
| Amounts payable | 17/49 | €78,943 | €69,036 | -€9,907 | -12.5% |
| Amounts payable within one year | 42/48 | €78,943 | €69,036 | -€9,907 | -12.5% |
| Trade debts | 44 | €22,332 | €9,260 | -€13,073 | -58.5% |
| Suppliers | 440/4 | €22,332 | €9,260 | -€13,073 | -58.5% |
| Taxes, remuneration and social security | 45 | €15,103 | €11,325 | -€3,778 | -25.0% |
| Taxes | 450/3 | €3,877 | €4,066 | +€189 | +4.9% |
| Remuneration and social security | 454/9 | €11,225 | €7,259 | -€3,966 | -35.3% |
| Other amounts payable | 47/48 | €41,508 | €48,452 | +€6,944 | +16.7% |
| Remuneration, social security and pensions | 62 | €192,730 | €178,627 | -€14,103 | -7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,878 | €17,473 | -€1,405 | -7.4% |
| Other operating charges | 640/8 | €732 | €715 | -€16 | -2.2% |
| Gross operating margin | 9900 | €206,283 | €161,618 | -€44,665 | -21.7% |
| Operating profit (loss) | 9901 | -€6,057 | -€35,197 | -€29,140 | -481.1% |
| Financial income | 75/76B | €245 | €2,436 | +€2,191 | +895.2% |
| Recurring financial income | 75 | €245 | €2,436 | +€2,191 | +895.2% |
| Financial charges | 65/66B | €857 | €735 | -€123 | -14.3% |
| Recurring financial charges | 65 | €857 | €735 | -€123 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | -€6,669 | -€33,495 | -€26,826 | -402.2% |
| Income taxes | 67/77 | - | €23 | +€23 | |
| Profit (loss) for the period | 9904 | -€6,669 | -€33,518 | -€26,849 | -402.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,669 | -€33,518 | -€26,849 | -402.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.