Van Essadol: 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 Essadol
Largest movements
- Tangible fixed assets +€23,444
up €23,444 (+221.6%), from €10,580 to €34,024
- Financial fixed assets +€9,000
new in 2025: €9,000
- Receivables within one year -€3,730
no longer reported in 2025 (was €3,730)
- Cash -€2,597
down €2,597 (-46.3%), from €5,606 to €3,010
mainly Investment in fixed assets (net) (-€41,995) and Trade debts (-€6,429)
- Other debts +€13,320
new in 2025: €13,320
- Current portion of long-term debt +€7,500
new in 2025: €7,500
- Trade debts -€6,429
no longer reported in 2025 (was €6,429)
- Debts after one year +€6,250
new in 2025: €6,250
- Profit (loss) carried forward +€4,082
up €4,082 (+50.9%), from €8,027 to €12,109
- Depreciation +€5,754
up €5,754 (+151.5%), from €3,797 to €9,550
- Gross operating margin +€4,731
up €4,731 (+36.7%), from €12,907 to €17,638
- Taxes -€300
down €300 (-18.8%), from €1,600 to €1,300
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.
Cash bridge derived
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 | €19,916 | €46,034 | +€26,118 | +131.1% |
| Fixed assets | 21/28 | €10,580 | €43,024 | +€32,444 | +306.7% |
| Tangible fixed assets | 22/27 | €10,580 | €34,024 | +€23,444 | +221.6% |
| Furniture and vehicles | 24 | €10,580 | €34,024 | +€23,444 | +221.6% |
| Financial fixed assets | 28 | - | €9,000 | +€9,000 | |
| Current assets | 29/58 | €9,336 | €3,010 | -€6,326 | -67.8% |
| Amounts receivable within one year | 40/41 | €3,730 | - | -€3,730 | |
| Other amounts receivable | 41 | €3,730 | - | -€3,730 | |
| Cash at bank and in hand | 54/58 | €5,606 | €3,010 | -€2,597 | -46.3% |
| Total equity and liabilities | 10/49 | €19,916 | €46,034 | +€26,118 | +131.1% |
| Equity | 10/15 | €11,027 | €15,109 | +€4,082 | +37.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,027 | €12,109 | +€4,082 | +50.9% |
| Amounts payable | 17/49 | €8,889 | €30,925 | +€22,036 | +247.9% |
| Amounts payable after more than one year | 17 | - | €6,250 | +€6,250 | |
| Financial debts | 170/4 | - | €6,250 | +€6,250 | |
| Amounts payable within one year | 42/48 | €8,889 | €24,675 | +€15,786 | +177.6% |
| Current portion of amounts payable after more than one year | 42 | - | €7,500 | +€7,500 | |
| Trade debts | 44 | €6,429 | - | -€6,429 | |
| Suppliers | 440/4 | €6,429 | - | -€6,429 | |
| Taxes, remuneration and social security | 45 | €2,460 | €3,855 | +€1,395 | +56.7% |
| Taxes | 450/3 | €2,460 | €3,855 | +€1,395 | +56.7% |
| Other amounts payable | 47/48 | - | €13,320 | +€13,320 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,797 | €9,550 | +€5,754 | +151.5% |
| Other operating charges | 640/8 | €2,373 | €2,458 | +€85 | +3.6% |
| Gross operating margin | 9900 | €12,907 | €17,638 | +€4,731 | +36.7% |
| Operating profit (loss) | 9901 | €6,738 | €5,630 | -€1,108 | -16.4% |
| Financial charges | 65/66B | €149 | €248 | +€99 | +66.6% |
| Recurring financial charges | 65 | €149 | €248 | +€99 | +66.6% |
| Profit (loss) for the period before taxes | 9903 | €6,589 | €5,382 | -€1,207 | -18.3% |
| Income taxes | 67/77 | €1,600 | €1,300 | -€300 | -18.8% |
| Profit (loss) for the period | 9904 | €4,989 | €4,082 | -€907 | -18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €4,989 | €4,082 | -€907 | -18.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.