Van Essche Chris: 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 Essche Chris
Largest movements
- Current investments +€69,230
up €69,230 (+13.3%), from €521,040 to €590,270
- Cash -€33,597
down €33,597 (-42.8%), from €78,433 to €44,837
mainly Current investments (-€69,230) and Trade debts (-€22,404)
- Receivables within one year +€17,460
up €17,460 (+27.0%), from €64,628 to €82,088
of which Trade receivables: +€15,150
- Tangible fixed assets -€8,561
down €8,561 (-42.3%), from €20,225 to €11,664
- Reserves +€43,747
up €43,747 (+9.3%), from €468,875 to €512,623
of which Distributable reserves: +€43,747
- Trade debts -€22,404
down €22,404 (-38.2%), from €58,636 to €36,231
- Other debts +€17,173
up €17,173 (+11.1%), from €155,354 to €172,527
- Gross operating margin +€26,344
up €26,344 (+55.1%), from €47,806 to €74,150
- Financial income +€13,777
up €13,777 (+518%), from €2,659 to €16,436
- Taxes +€11,593
up €11,593 (+108%), from €10,735 to €22,328
- Financial charges +€5,422
up €5,422 (+66.9%), from €8,100 to €13,522
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €711,748 | €762,627 | +€50,879 | +7.1% |
| Fixed assets | 21/28 | €20,495 | €11,934 | -€8,561 | -41.8% |
| Tangible fixed assets | 22/27 | €20,225 | €11,664 | -€8,561 | -42.3% |
| Furniture and vehicles | 24 | €20,225 | €11,664 | -€8,561 | -42.3% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €691,253 | €750,693 | +€59,440 | +8.6% |
| Stocks and contracts in progress | 3 | €24,909 | €29,466 | +€4,557 | +18.3% |
| Stocks | 30/36 | €24,909 | €29,466 | +€4,557 | +18.3% |
| Amounts receivable within one year | 40/41 | €64,628 | €82,088 | +€17,460 | +27.0% |
| Trade receivables | 40 | €58,507 | €73,657 | +€15,150 | +25.9% |
| Other amounts receivable | 41 | €6,121 | €8,432 | +€2,311 | +37.8% |
| Current investments | 50/53 | €521,040 | €590,270 | +€69,230 | +13.3% |
| Cash at bank and in hand | 54/58 | €78,433 | €44,837 | -€33,597 | -42.8% |
| Deferred charges and accrued income | 490/1 | €2,243 | €4,032 | +€1,789 | +79.8% |
| Total equity and liabilities | 10/49 | €711,748 | €762,627 | +€50,879 | +7.1% |
| Equity | 10/15 | €477,552 | €521,299 | +€43,747 | +9.2% |
| Contributions | 10/11 | €8,676 | €8,676 | = | 0.0% |
| Reserves | 13 | €468,875 | €512,623 | +€43,747 | +9.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €468,875 | €512,623 | +€43,747 | +9.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €234,197 | €241,328 | +€7,132 | +3.0% |
| Amounts payable within one year | 42/48 | €225,816 | €227,668 | +€1,852 | +0.8% |
| Trade debts | 44 | €58,636 | €36,231 | -€22,404 | -38.2% |
| Suppliers | 440/4 | €58,636 | €36,231 | -€22,404 | -38.2% |
| Taxes, remuneration and social security | 45 | €11,826 | €18,909 | +€7,083 | +59.9% |
| Taxes | 450/3 | €11,826 | €18,909 | +€7,083 | +59.9% |
| Other amounts payable | 47/48 | €155,354 | €172,527 | +€17,173 | +11.1% |
| Accrued charges and deferred income | 492/3 | €8,381 | €13,661 | +€5,280 | +63.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,561 | €8,561 | = | 0.0% |
| Other operating charges | 640/8 | €2,327 | €2,428 | +€101 | +4.4% |
| Gross operating margin | 9900 | €47,806 | €74,150 | +€26,344 | +55.1% |
| Operating profit (loss) | 9901 | €36,919 | €63,161 | +€26,242 | +71.1% |
| Financial income | 75/76B | €2,659 | €16,436 | +€13,777 | +518% |
| Recurring financial income | 75 | €2,659 | €16,436 | +€13,777 | +518% |
| Financial charges | 65/66B | €8,100 | €13,522 | +€5,422 | +66.9% |
| Recurring financial charges | 65 | €8,100 | €13,522 | +€5,422 | +66.9% |
| Profit (loss) for the period before taxes | 9903 | €31,478 | €66,075 | +€34,597 | +110% |
| Income taxes | 67/77 | €10,735 | €22,328 | +€11,593 | +108% |
| Profit (loss) for the period | 9904 | €20,743 | €43,747 | +€23,005 | +111% |
| Profit (loss) for the period to be appropriated | 9905 | €20,743 | €43,747 | +€23,005 | +111% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.