Van Ende Bon: 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 Ende Bon
Largest movements
- Receivables within one year -€11,879
down €11,879 (-18.3%), from €64,925 to €53,045
of which Trade receivables: -€10,443
- Tangible fixed assets +€11,233
up €11,233 (+11.2%), from €100,334 to €111,567
of which Plant, machinery and equipment: +€8,061
- Reserves +€82,806
up €82,806 (+56.5%), from €146,466 to €229,271
of which Distributable reserves: +€84,126
- Other debts -€69,429
no longer reported in 2026 (was €69,429)
- Debts after one year -€20,244
no longer reported in 2026 (was €20,244)
- Tax, wage and social debts +€12,908
up €12,908 (+205%), from €6,286 to €19,194
- Current portion of long-term debt -€3,800
down €3,800 (-15.8%), from €24,044 to €20,244
- Gross operating margin +€29,437
up €29,437 (+25.7%), from €114,375 to €143,812
- Taxes +€13,788
up €13,788 (+52.6%), from €26,202 to €39,990
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €282,257 | €282,259 | +€2 | 0.0% |
| Fixed assets | 21/28 | €100,334 | €111,567 | +€11,233 | +11.2% |
| Tangible fixed assets | 22/27 | €100,334 | €111,567 | +€11,233 | +11.2% |
| Plant, machinery and equipment | 23 | €3,805 | €11,866 | +€8,061 | +212% |
| Furniture and vehicles | 24 | €96,529 | €99,701 | +€3,172 | +3.3% |
| Current assets | 29/58 | €181,923 | €170,692 | -€11,231 | -6.2% |
| Amounts receivable after more than one year | 29 | €54,704 | €56,443 | +€1,740 | +3.2% |
| Other amounts receivable | 291 | €54,704 | €56,443 | +€1,740 | +3.2% |
| Amounts receivable within one year | 40/41 | €64,925 | €53,045 | -€11,879 | -18.3% |
| Trade receivables | 40 | €23,029 | €12,587 | -€10,443 | -45.3% |
| Other amounts receivable | 41 | €41,895 | €40,459 | -€1,437 | -3.4% |
| Cash at bank and in hand | 54/58 | €59,848 | €59,568 | -€280 | -0.5% |
| Deferred charges and accrued income | 490/1 | €2,446 | €1,636 | -€811 | -33.1% |
| Total equity and liabilities | 10/49 | €282,257 | €282,259 | +€2 | 0.0% |
| Equity | 10/15 | €158,966 | €241,771 | +€82,806 | +52.1% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €146,466 | €229,271 | +€82,806 | +56.5% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,640 | €1,320 | -€1,320 | -50.0% |
| Distributable reserves | 133 | €141,826 | €225,951 | +€84,126 | +59.3% |
| Provisions and deferred taxes | 16 | €1,360 | €680 | -€680 | -50.0% |
| Deferred taxes | 168 | €1,360 | €680 | -€680 | -50.0% |
| Amounts payable | 17/49 | €121,932 | €39,808 | -€82,124 | -67.4% |
| Amounts payable after more than one year | 17 | €20,244 | - | -€20,244 | |
| Financial debts | 170/4 | €20,244 | - | -€20,244 | |
| Amounts payable within one year | 42/48 | €101,687 | €39,808 | -€61,879 | -60.9% |
| Current portion of amounts payable after more than one year | 42 | €24,044 | €20,244 | -€3,800 | -15.8% |
| Trade debts | 44 | €1,928 | €369 | -€1,558 | -80.8% |
| Suppliers | 440/4 | €1,928 | €369 | -€1,558 | -80.8% |
| Taxes, remuneration and social security | 45 | €6,286 | €19,194 | +€12,908 | +205% |
| Taxes | 450/3 | €6,286 | €19,194 | +€12,908 | +205% |
| Other amounts payable | 47/48 | €69,429 | - | -€69,429 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,061 | €24,055 | +€995 | +4.3% |
| Other operating charges | 640/8 | €890 | €912 | +€21 | +2.4% |
| Gross operating margin | 9900 | €114,375 | €143,812 | +€29,437 | +25.7% |
| Operating profit (loss) | 9901 | €90,424 | €118,845 | +€28,421 | +31.4% |
| Financial income | 75/76B | €3,415 | €3,780 | +€365 | +10.7% |
| Recurring financial income | 75 | €3,415 | €3,780 | +€365 | +10.7% |
| Financial charges | 65/66B | €779 | €509 | -€270 | -34.6% |
| Recurring financial charges | 65 | €779 | €509 | -€270 | -34.6% |
| Profit (loss) for the period before taxes | 9903 | €93,060 | €122,116 | +€29,055 | +31.2% |
| Transfer from deferred taxes | 780 | €680 | €680 | = | 0.0% |
| Income taxes | 67/77 | €26,202 | €39,990 | +€13,788 | +52.6% |
| Profit (loss) for the period | 9904 | €67,538 | €82,806 | +€15,267 | +22.6% |
| Transfer from tax-exempt reserves | 789 | €1,320 | €1,320 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €68,858 | €84,126 | +€15,267 | +22.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.