Van Eyck Leuven: what changed
Van Eyck Leuven
Largest movements
- Cash +€261,004
up €261,004 (+73.8%), from €353,867 to €614,871
mainly Net result for the year (+€187,291) and Debts after one year (+€101,557)
- Receivables within one year -€73,699
down €73,699 (-38.7%), from €190,583 to €116,885
of which Other amounts receivable: -€73,639
- Stocks and contracts -€49,370
down €49,370 (-52.1%), from €94,688 to €45,318
- Tangible fixed assets -€40,881
down €40,881 (-14.0%), from €291,392 to €250,511
of which Plant, machinery and equipment: -€30,975
- Reserves +€145,990
up €145,990 (+44.3%), from €329,503 to €475,493
- Current portion of long-term debt -€122,712
down €122,712 (-80.4%), from €152,561 to €29,849
- Debts after one year +€101,557
up €101,557 (+84.6%), from €120,081 to €221,638
- Other debts -€42,645
down €42,645 (-54.2%), from €78,750 to €36,104
- Tax, wage and social debts +€36,566
up €36,566 (+52.8%), from €69,255 to €105,821
of which Taxes: +€29,141
- Gross operating margin +€80,664
up €80,664 (+18.5%), from €435,667 to €516,331
- Taxes +€20,518
up €20,518 (+33.5%), from €61,212 to €81,730
- Staff costs +€14,510
up €14,510 (+8.4%), from €171,897 to €186,408
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 | €930,680 | €1,027,734 | +€97,054 | +10.4% |
| Fixed assets | 21/28 | €291,542 | €250,661 | -€40,881 | -14.0% |
| Tangible fixed assets | 22/27 | €291,392 | €250,511 | -€40,881 | -14.0% |
| Land and buildings | 22 | €144,071 | €138,735 | -€5,335 | -3.7% |
| Plant, machinery and equipment | 23 | €132,684 | €101,709 | -€30,975 | -23.3% |
| Furniture and vehicles | 24 | €14,638 | €10,066 | -€4,571 | -31.2% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €639,138 | €777,074 | +€137,935 | +21.6% |
| Stocks and contracts in progress | 3 | €94,688 | €45,318 | -€49,370 | -52.1% |
| Stocks | 30/36 | €94,688 | €45,318 | -€49,370 | -52.1% |
| Amounts receivable within one year | 40/41 | €190,583 | €116,885 | -€73,699 | -38.7% |
| Trade receivables | 40 | €112,980 | €112,921 | -€60 | -0.1% |
| Other amounts receivable | 41 | €77,603 | €3,964 | -€73,639 | -94.9% |
| Cash at bank and in hand | 54/58 | €353,867 | €614,871 | +€261,004 | +73.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €930,680 | €1,027,734 | +€97,054 | +10.4% |
| Equity | 10/15 | €348,103 | €494,093 | +€145,990 | +41.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €329,503 | €475,493 | +€145,990 | +44.3% |
| Distributable reserves | 133 | €329,503 | €475,493 | +€145,990 | +44.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €582,577 | €533,641 | -€48,936 | -8.4% |
| Amounts payable after more than one year | 17 | €120,081 | €221,638 | +€101,557 | +84.6% |
| Financial debts | 170/4 | €120,081 | €221,638 | +€101,557 | +84.6% |
| Amounts payable within one year | 42/48 | €462,496 | €312,003 | -€150,493 | -32.5% |
| Current portion of amounts payable after more than one year | 42 | €152,561 | €29,849 | -€122,712 | -80.4% |
| Trade debts | 44 | €161,930 | €140,228 | -€21,702 | -13.4% |
| Suppliers | 440/4 | €161,930 | €140,228 | -€21,702 | -13.4% |
| Taxes, remuneration and social security | 45 | €69,255 | €105,821 | +€36,566 | +52.8% |
| Taxes | 450/3 | €37,329 | €66,470 | +€29,141 | +78.1% |
| Remuneration and social security | 454/9 | €31,926 | €39,351 | +€7,425 | +23.3% |
| Other amounts payable | 47/48 | €78,750 | €36,104 | -€42,645 | -54.2% |
| Remuneration, social security and pensions | 62 | €171,897 | €186,408 | +€14,510 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,187 | €47,963 | +€3,777 | +8.5% |
| Other operating charges | 640/8 | €5,537 | €3,813 | -€1,724 | -31.1% |
| Gross operating margin | 9900 | €435,667 | €516,331 | +€80,664 | +18.5% |
| Operating profit (loss) | 9901 | €214,046 | €278,147 | +€64,101 | +29.9% |
| Financial income | 75/76B | €187 | €1,257 | +€1,070 | +573% |
| Recurring financial income | 75 | €187 | €1,257 | +€1,070 | +573% |
| Financial charges | 65/66B | €9,119 | €10,383 | +€1,264 | +13.9% |
| Recurring financial charges | 65 | €9,119 | €10,383 | +€1,264 | +13.9% |
| Profit (loss) for the period before taxes | 9903 | €205,114 | €269,021 | +€63,907 | +31.2% |
| Income taxes | 67/77 | €61,212 | €81,730 | +€20,518 | +33.5% |
| Profit (loss) for the period | 9904 | €143,902 | €187,291 | +€43,389 | +30.2% |
| Profit (loss) for the period to be appropriated | 9905 | €143,902 | €187,291 | +€43,389 | +30.2% |
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.