VAN ELDOM: 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 ELDOM
Largest movements
- Cash -€97,601
down €97,601 (-53.7%), from €181,760 to €84,159
mainly Investment in fixed assets (net) (-€105,755) and Stocks and contracts (-€94,039)
- Stocks and contracts +€94,039
up €94,039 (+1,199%), from €7,844 to €101,883
- Tangible fixed assets +€74,673
up €74,673 (+29.5%), from €253,496 to €328,169
of which Furniture and vehicles: +€73,061
- Receivables within one year -€73,494
down €73,494 (-46.7%), from €157,373 to €83,879
of which Trade receivables: -€71,893
- Tax, wage and social debts -€66,282
down €66,282 (-97.1%), from €68,282 to €2,000
- Trade debts +€64,173
up €64,173 (+1,170%), from €5,484 to €69,657
- Reserves -€45,940
down €45,940 (-15.8%), from €291,310 to €245,370
- Debts after one year +€36,371
up €36,371 (+16.6%), from €219,164 to €255,536
- Current portion of long-term debt +€9,192
up €9,192 (+66.4%), from €13,836 to €23,028
- Gross operating margin -€328,972
down €328,972 (-86.9%), from €378,536 to €49,564
- Taxes -€57,919
down €57,919, from €56,669 to -€1,250
- Staff costs -€32,101
down €32,101 (-37.0%), from €86,798 to €54,697
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 | €600,576 | €598,091 | -€2,485 | -0.4% |
| Fixed assets | 21/28 | €253,496 | €328,169 | +€74,673 | +29.5% |
| Tangible fixed assets | 22/27 | €253,496 | €328,169 | +€74,673 | +29.5% |
| Land and buildings | 22 | €242,606 | €229,264 | -€13,342 | -5.5% |
| Plant, machinery and equipment | 23 | €79 | €15,033 | +€14,954 | +18,828% |
| Furniture and vehicles | 24 | €10,811 | €83,872 | +€73,061 | +676% |
| Current assets | 29/58 | €347,080 | €269,922 | -€77,158 | -22.2% |
| Stocks and contracts in progress | 3 | €7,844 | €101,883 | +€94,039 | +1,199% |
| Stocks | 30/36 | €7,844 | €101,883 | +€94,039 | +1,199% |
| Amounts receivable within one year | 40/41 | €157,373 | €83,879 | -€73,494 | -46.7% |
| Trade receivables | 40 | €120,143 | €48,249 | -€71,893 | -59.8% |
| Other amounts receivable | 41 | €37,230 | €35,630 | -€1,600 | -4.3% |
| Cash at bank and in hand | 54/58 | €181,760 | €84,159 | -€97,601 | -53.7% |
| Deferred charges and accrued income | 490/1 | €103 | - | -€103 | |
| Total equity and liabilities | 10/49 | €600,576 | €598,091 | -€2,485 | -0.4% |
| Equity | 10/15 | €293,810 | €247,870 | -€45,940 | -15.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €291,310 | €245,370 | -€45,940 | -15.8% |
| Distributable reserves | 133 | €291,310 | €245,370 | -€45,940 | -15.8% |
| Amounts payable | 17/49 | €306,766 | €350,221 | +€43,455 | +14.2% |
| Amounts payable after more than one year | 17 | €219,164 | €255,536 | +€36,371 | +16.6% |
| Financial debts | 170/4 | €219,164 | €255,536 | +€36,371 | +16.6% |
| Amounts payable within one year | 42/48 | €87,601 | €94,685 | +€7,084 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €13,836 | €23,028 | +€9,192 | +66.4% |
| Trade debts | 44 | €5,484 | €69,657 | +€64,173 | +1,170% |
| Suppliers | 440/4 | €5,484 | €69,657 | +€64,173 | +1,170% |
| Taxes, remuneration and social security | 45 | €68,282 | €2,000 | -€66,282 | -97.1% |
| Taxes | 450/3 | €68,282 | €2,000 | -€66,282 | -97.1% |
| Non-recurring operating income | 76A | - | €1,264 | +€1,264 | |
| Remuneration, social security and pensions | 62 | €86,798 | €54,697 | -€32,101 | -37.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,848 | €31,082 | +€234 | +0.8% |
| Other operating charges | 640/8 | - | €126 | +€126 | |
| Non-recurring operating charges | 66A | - | €250 | +€250 | |
| Gross operating margin | 9900 | €378,536 | €49,564 | -€328,972 | -86.9% |
| Operating profit (loss) | 9901 | €260,890 | -€36,591 | -€297,481 | |
| Financial income | 75/76B | €562 | €1,380 | +€817 | +145% |
| Recurring financial income | 75 | €562 | €1,380 | +€817 | +145% |
| Financial charges | 65/66B | €11,378 | €11,978 | +€601 | +5.3% |
| Recurring financial charges | 65 | €11,378 | €11,978 | +€601 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €250,075 | -€47,190 | -€297,265 | |
| Income taxes | 67/77 | €56,669 | -€1,250 | -€57,919 | |
| Profit (loss) for the period | 9904 | €193,405 | -€45,940 | -€239,345 | |
| Profit (loss) for the period to be appropriated | 9905 | €193,405 | -€45,940 | -€239,345 |
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 13 October 2026 via checked.be.