VAN ELSEN-WOOD: what changed
What changed
VAN ELSEN-WOOD
NACE 47.522, Retail trade
filed annual accounts (NBB)
Net result for the year
€955
2024 · €3,875-€2,920
Equity
€178,144
2024 · €177,189+€955
Cash
€30,891
2024 · €83,401-€52,509
Balance sheet total
€252,534
2024 · €312,439-€59,906
Largest movements
Assets
- Cash -€52,509
down €52,509 (-63.0%), from €83,401 to €30,891
mainly Other debts (-€44,842) and Receivables within one year (-€17,930)
- Tangible fixed assets -€27,641
down €27,641 (-43.3%), from €63,908 to €36,268
of which Furniture and vehicles: -€26,933
- Receivables within one year +€17,930
up €17,930 (+14,301%), from €125 to €18,055
of which Other amounts receivable: +€9,781
Equity and liabilities
- Other debts -€44,842
down €44,842 (-61.5%), from €72,881 to €28,039
- Debts after one year -€10,050
down €10,050 (-36.4%), from €27,633 to €17,583
Income statement
- Depreciation +€10,587
up €10,587 (+62.1%), from €17,054 to €27,641
- Gross operating margin +€9,040
up €9,040 (+13.7%), from €65,814 to €74,854
- Staff costs +€2,580
up €2,580 (+6.1%), from €41,978 to €44,559
- Taxes -€899
down €899 (-80.4%), from €1,118 to €219
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
€3,875
Gross operating margin
+€9,040
Staff costs
-€2,580
Depreciation
-€10,587
Other operating charges
+€210
Financial income
-€127
Financial charges
+€225
Taxes
+€899
Result 2025
€955
raises the resultlowers the result
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
-€41,611
Investment
€0
Financing
-€10,898
Cash 2024
€83,401
From operations (derived)
-€41,611
Net result for the year
+€955
Depreciation
+€27,641
Stocks and contracts
-€2,315
Receivables within one year
-€17,930
Trade debts
-€907
Tax, wage and social debts
-€1,243
Advances received
-€2,971
Other debts
-€44,842
Financing
-€10,898
Debts after one year
-€10,050
Current portion of long-term debt
-€849
Cash 2025
€30,891
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €312,439 | €252,534 | -€59,906 | -19.2% |
| Fixed assets | 21/28 | €63,908 | €36,268 | -€27,641 | -43.3% |
| Tangible fixed assets | 22/27 | €63,908 | €36,268 | -€27,641 | -43.3% |
| Plant, machinery and equipment | 23 | €1,211 | €504 | -€708 | -58.4% |
| Furniture and vehicles | 24 | €62,697 | €35,764 | -€26,933 | -43.0% |
| Current assets | 29/58 | €248,531 | €216,266 | -€32,265 | -13.0% |
| Stocks and contracts in progress | 3 | €165,005 | €167,320 | +€2,315 | +1.4% |
| Stocks | 30/36 | €165,005 | €167,320 | +€2,315 | +1.4% |
| Amounts receivable within one year | 40/41 | €125 | €18,055 | +€17,930 | +14,301% |
| Trade receivables | 40 | €125 | €8,274 | +€8,149 | +6,500% |
| Other amounts receivable | 41 | - | €9,781 | +€9,781 | |
| Cash at bank and in hand | 54/58 | €83,401 | €30,891 | -€52,509 | -63.0% |
| Total equity and liabilities | 10/49 | €312,439 | €252,534 | -€59,906 | -19.2% |
| Equity | 10/15 | €177,189 | €178,144 | +€955 | +0.5% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Capital | 10 | €1,500 | €1,500 | = | 0.0% |
| Issued capital | 100 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €175,689 | €176,644 | +€955 | +0.5% |
| Amounts payable | 17/49 | €135,250 | €74,389 | -€60,861 | -45.0% |
| Amounts payable after more than one year | 17 | €27,633 | €17,583 | -€10,050 | -36.4% |
| Financial debts | 170/4 | €27,633 | €17,583 | -€10,050 | -36.4% |
| Amounts payable within one year | 42/48 | €107,617 | €56,806 | -€50,811 | -47.2% |
| Current portion of amounts payable after more than one year | 42 | €10,898 | €10,050 | -€849 | -7.8% |
| Trade debts | 44 | €5,557 | €4,649 | -€907 | -16.3% |
| Suppliers | 440/4 | €5,557 | €4,649 | -€907 | -16.3% |
| Advances received on contracts in progress | 46 | €9,022 | €6,052 | -€2,971 | -32.9% |
| Taxes, remuneration and social security | 45 | €9,259 | €8,017 | -€1,243 | -13.4% |
| Taxes | 450/3 | €3,378 | €7,107 | +€3,729 | +110% |
| Remuneration and social security | 454/9 | €5,881 | €910 | -€4,971 | -84.5% |
| Other amounts payable | 47/48 | €72,881 | €28,039 | -€44,842 | -61.5% |
| Non-recurring operating income | 76A | - | €5,129 | +€5,129 | |
| Remuneration, social security and pensions | 62 | €41,978 | €44,559 | +€2,580 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,054 | €27,641 | +€10,587 | +62.1% |
| Other operating charges | 640/8 | €418 | €207 | -€210 | -50.3% |
| Gross operating margin | 9900 | €65,814 | €74,854 | +€9,040 | +13.7% |
| Operating profit (loss) | 9901 | €6,364 | €2,448 | -€3,916 | -61.5% |
| Financial income | 75/76B | €147 | €20 | -€127 | -86.4% |
| Recurring financial income | 75 | €147 | €20 | -€127 | -86.4% |
| Financial charges | 65/66B | €1,518 | €1,293 | -€225 | -14.8% |
| Recurring financial charges | 65 | €1,518 | €1,293 | -€225 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | €4,993 | €1,174 | -€3,819 | -76.5% |
| Income taxes | 67/77 | €1,118 | €219 | -€899 | -80.4% |
| Profit (loss) for the period | 9904 | €3,875 | €955 | -€2,920 | -75.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,875 | €955 | -€2,920 | -75.3% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.