VAN EECKHOUT: 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 EECKHOUT
Largest movements
- Tangible fixed assets -€17,986
down €17,986 (-29.5%), from €61,023 to €43,037
of which Furniture and vehicles: -€13,476
- Receivables within one year -€10,053
down €10,053 (-24.6%), from €40,909 to €30,856
of which Trade receivables: -€12,869
- Cash +€7,985
up €7,985 (+8.5%), from €93,801 to €101,785
mainly Depreciation (+€17,986) and Other debts (+€14,522)
- Current investments +€4,400
up €4,400 (+20.4%), from €21,600 to €26,000
- Stocks and contracts +€3,958
up €3,958 (+3.3%), from €119,426 to €123,384
- Other debts +€14,522
up €14,522 (+30.1%), from €48,298 to €62,820
- Tax, wage and social debts -€12,213
down €12,213 (-20.8%), from €58,839 to €46,626
of which Taxes: -€12,712
- Debts after one year -€8,028
down €8,028 (-34.5%), from €23,278 to €15,250
- Accrued charges and deferred income -€6,234
down €6,234 (-46.4%), from €13,423 to €7,189
- Gross operating margin -€3,717
down €3,717 (-3.1%), from €118,502 to €114,784
- Staff costs -€3,421
down €3,421 (-3.9%), from €86,932 to €83,511
- Depreciation -€1,706
down €1,706 (-8.7%), from €19,692 to €17,986
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 | €345,156 | €333,443 | -€11,712 | -3.4% |
| Fixed assets | 21/28 | €61,023 | €43,037 | -€17,986 | -29.5% |
| Tangible fixed assets | 22/27 | €61,023 | €43,037 | -€17,986 | -29.5% |
| Plant, machinery and equipment | 23 | €20,206 | €15,900 | -€4,306 | -21.3% |
| Furniture and vehicles | 24 | €40,450 | €26,974 | -€13,476 | -33.3% |
| Other tangible fixed assets | 26 | €367 | €163 | -€204 | -55.5% |
| Current assets | 29/58 | €284,133 | €290,406 | +€6,274 | +2.2% |
| Stocks and contracts in progress | 3 | €119,426 | €123,384 | +€3,958 | +3.3% |
| Stocks | 30/36 | €119,426 | €123,384 | +€3,958 | +3.3% |
| Amounts receivable within one year | 40/41 | €40,909 | €30,856 | -€10,053 | -24.6% |
| Trade receivables | 40 | €34,500 | €21,631 | -€12,869 | -37.3% |
| Other amounts receivable | 41 | €6,409 | €9,225 | +€2,815 | +43.9% |
| Current investments | 50/53 | €21,600 | €26,000 | +€4,400 | +20.4% |
| Cash at bank and in hand | 54/58 | €93,801 | €101,785 | +€7,985 | +8.5% |
| Deferred charges and accrued income | 490/1 | €8,396 | €8,381 | -€16 | -0.2% |
| Total equity and liabilities | 10/49 | €345,156 | €333,443 | -€11,712 | -3.4% |
| Equity | 10/15 | €137,597 | €138,503 | +€906 | +0.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €23,860 | €23,860 | = | 0.0% |
| Distributable reserves | 133 | €23,860 | €23,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,137 | €96,043 | +€906 | +1.0% |
| Amounts payable | 17/49 | €207,558 | €194,940 | -€12,618 | -6.1% |
| Amounts payable after more than one year | 17 | €23,278 | €15,250 | -€8,028 | -34.5% |
| Financial debts | 170/4 | €23,278 | €15,250 | -€8,028 | -34.5% |
| Amounts payable within one year | 42/48 | €170,857 | €172,502 | +€1,645 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €9,813 | €10,016 | +€202 | +2.1% |
| Trade debts | 44 | €53,907 | €53,040 | -€866 | -1.6% |
| Suppliers | 440/4 | €53,907 | €53,040 | -€866 | -1.6% |
| Taxes, remuneration and social security | 45 | €58,839 | €46,626 | -€12,213 | -20.8% |
| Taxes | 450/3 | €21,708 | €8,997 | -€12,712 | -58.6% |
| Remuneration and social security | 454/9 | €37,131 | €37,629 | +€498 | +1.3% |
| Other amounts payable | 47/48 | €48,298 | €62,820 | +€14,522 | +30.1% |
| Accrued charges and deferred income | 492/3 | €13,423 | €7,189 | -€6,234 | -46.4% |
| Remuneration, social security and pensions | 62 | €86,932 | €83,511 | -€3,421 | -3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,692 | €17,986 | -€1,706 | -8.7% |
| Other operating charges | 640/8 | €9,944 | €9,309 | -€635 | -6.4% |
| Gross operating margin | 9900 | €118,502 | €114,784 | -€3,717 | -3.1% |
| Operating profit (loss) | 9901 | €1,934 | €3,979 | +€2,045 | +106% |
| Financial income | 75/76B | €18 | €19 | +€1 | +5.4% |
| Recurring financial income | 75 | €18 | €19 | +€1 | +5.4% |
| Financial charges | 65/66B | €2,657 | €1,900 | -€757 | -28.5% |
| Recurring financial charges | 65 | €2,657 | €1,900 | -€757 | -28.5% |
| Profit (loss) for the period before taxes | 9903 | -€705 | €2,098 | +€2,803 | |
| Income taxes | 67/77 | €594 | €1,192 | +€598 | +101% |
| Profit (loss) for the period | 9904 | -€1,300 | €906 | +€2,205 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,300 | €906 | +€2,205 |
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 13 October 2026 via checked.be.