Van Est Tools België: what changed
Van Est Tools België
Largest movements
- Receivables within one year -€113,829
down €113,829 (-29.2%), from €389,715 to €275,886
of which Trade receivables: -€96,350
- Cash +€55,728
up €55,728 (+244%), from €22,801 to €78,529
mainly Receivables within one year (+€113,829) and Debts after one year (+€43,275)
- Tangible fixed assets +€47,392
up €47,392 (+34.9%), from €135,668 to €183,060
of which Furniture and vehicles: +€47,392
- Deferred charges and accrued income -€15,691
down €15,691 (-98.2%), from €15,971 to €280
- Trade debts -€79,516
down €79,516 (-75.6%), from €105,112 to €25,595
- Debts after one year +€43,275
up €43,275 (+133%), from €32,572 to €75,847
- Profit (loss) carried forward +€33,154
up €33,154 (+36.9%), from €89,726 to €122,880
- Current portion of long-term debt -€14,864
down €14,864 (-34.1%), from €43,589 to €28,725
- Tax, wage and social debts -€12,986
down €12,986 (-84.7%), from €15,341 to €2,355
- Gross operating margin +€46,978
up €46,978 (+107%), from €43,763 to €90,740
- Write-downs +€33,440
up €33,440, from -€83 to €33,357
- Other operating charges -€15,932
down €15,932 (-93.0%), from €17,135 to €1,203
- Financial charges -€1,762
down €1,762 (-32.1%), from €5,498 to €3,735
- Financial income -€1,376
down €1,376 (-20.6%), from €6,693 to €5,318
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €643,575 | €612,606 | -€30,969 | -4.8% |
| Fixed assets | 21/28 | €135,993 | €183,060 | +€47,067 | +34.6% |
| Tangible fixed assets | 22/27 | €135,668 | €183,060 | +€47,392 | +34.9% |
| Furniture and vehicles | 24 | €73,668 | €121,060 | +€47,392 | +64.3% |
| Other tangible fixed assets | 26 | €62,000 | €62,000 | = | 0.0% |
| Financial fixed assets | 28 | €325 | €0 | -€325 | -100% |
| Current assets | 29/58 | €507,582 | €429,546 | -€78,036 | -15.4% |
| Amounts receivable after more than one year | 29 | €26,095 | €19,851 | -€6,244 | -23.9% |
| Other amounts receivable | 291 | €26,095 | €19,851 | -€6,244 | -23.9% |
| Stocks and contracts in progress | 3 | €53,000 | €55,000 | +€2,000 | +3.8% |
| Stocks | 30/36 | €53,000 | €55,000 | +€2,000 | +3.8% |
| Amounts receivable within one year | 40/41 | €389,715 | €275,886 | -€113,829 | -29.2% |
| Trade receivables | 40 | €218,599 | €122,249 | -€96,350 | -44.1% |
| Other amounts receivable | 41 | €171,116 | €153,637 | -€17,479 | -10.2% |
| Cash at bank and in hand | 54/58 | €22,801 | €78,529 | +€55,728 | +244% |
| Deferred charges and accrued income | 490/1 | €15,971 | €280 | -€15,691 | -98.2% |
| Total equity and liabilities | 10/49 | €643,575 | €612,606 | -€30,969 | -4.8% |
| Equity | 10/15 | €446,930 | €480,084 | +€33,154 | +7.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €338,604 | €338,604 | = | 0.0% |
| Distributable reserves | 133 | €338,604 | €338,604 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,726 | €122,880 | +€33,154 | +36.9% |
| Amounts payable | 17/49 | €196,645 | €132,522 | -€64,123 | -32.6% |
| Amounts payable after more than one year | 17 | €32,572 | €75,847 | +€43,275 | +133% |
| Financial debts | 170/4 | €32,572 | €75,847 | +€43,275 | +133% |
| Amounts payable within one year | 42/48 | €164,042 | €56,675 | -€107,367 | -65.5% |
| Current portion of amounts payable after more than one year | 42 | €43,589 | €28,725 | -€14,864 | -34.1% |
| Trade debts | 44 | €105,112 | €25,595 | -€79,516 | -75.6% |
| Suppliers | 440/4 | €105,112 | €25,595 | -€79,516 | -75.6% |
| Taxes, remuneration and social security | 45 | €15,341 | €2,355 | -€12,986 | -84.7% |
| Taxes | 450/3 | €15,341 | €2,355 | -€12,986 | -84.7% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €31 | €0 | -€31 | -100% |
| Non-recurring operating income | 76A | €293 | €14,712 | +€14,420 | +4,924% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,000 | €24,608 | +€608 | +2.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€83 | €33,357 | +€33,440 | |
| Other operating charges | 640/8 | €17,135 | €1,203 | -€15,932 | -93.0% |
| Gross operating margin | 9900 | €43,763 | €90,740 | +€46,978 | +107% |
| Operating profit (loss) | 9901 | €2,710 | €31,571 | +€28,861 | +1,065% |
| Financial income | 75/76B | €6,693 | €5,318 | -€1,376 | -20.6% |
| Recurring financial income | 75 | €6,693 | €5,318 | -€1,376 | -20.6% |
| Financial charges | 65/66B | €5,498 | €3,735 | -€1,762 | -32.1% |
| Recurring financial charges | 65 | €5,498 | €3,735 | -€1,762 | -32.1% |
| Profit (loss) for the period before taxes | 9903 | €3,906 | €33,154 | +€29,248 | +749% |
| Profit (loss) for the period | 9904 | €3,906 | €33,154 | +€29,248 | +749% |
| Profit (loss) for the period to be appropriated | 9905 | €3,906 | €33,154 | +€29,248 | +749% |
Next steps
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 4 November 2026 via checked.be.