VAN EYNDE - COLDERS: 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 EYNDE - COLDERS
Largest movements
- Tangible fixed assets -€90,041
down €90,041 (-9.0%), from €998,905 to €908,864
of which Land and buildings: -€52,693
- Cash -€33,689
down €33,689 (-83.8%), from €40,181 to €6,492
mainly Debts after one year (-€97,514) and Short-term financial debts (-€21,000)
- Receivables within one year +€13,731
up €13,731 (+83.0%), from €16,542 to €30,273
of which Trade receivables: +€7,356
- Debts after one year -€97,514
down €97,514 (-12.9%), from €756,833 to €659,319
- Short-term financial debts -€21,000
no longer reported in 2025 (was €21,000)
- Current portion of long-term debt -€18,693
down €18,693 (-16.7%), from €111,930 to €93,237
- Other debts +€18,049
up €18,049 (+67.8%), from €26,616 to €44,665
- Gross operating margin -€44,734
down €44,734 (-11.9%), from €376,968 to €332,235
- Taxes -€13,301
down €13,301 (-78.8%), from €16,881 to €3,580
- Staff costs +€11,659
up €11,659 (+6.4%), from €182,316 to €193,976
- Financial charges -€6,122
down €6,122 (-14.9%), from €40,982 to €34,861
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.
Derived cash bridge
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 | €1,118,088 | €1,004,765 | -€113,323 | -10.1% |
| Fixed assets | 21/28 | €1,002,580 | €912,889 | -€89,691 | -8.9% |
| Tangible fixed assets | 22/27 | €998,905 | €908,864 | -€90,041 | -9.0% |
| Land and buildings | 22 | €949,566 | €896,874 | -€52,693 | -5.5% |
| Plant, machinery and equipment | 23 | €38,406 | €6,958 | -€31,448 | -81.9% |
| Furniture and vehicles | 24 | €10,932 | €5,032 | -€5,900 | -54.0% |
| Financial fixed assets | 28 | €3,675 | €4,025 | +€350 | +9.5% |
| Current assets | 29/58 | €115,508 | €91,876 | -€23,632 | -20.5% |
| Stocks and contracts in progress | 3 | €58,521 | €55,111 | -€3,410 | -5.8% |
| Stocks | 30/36 | €58,521 | €55,111 | -€3,410 | -5.8% |
| Amounts receivable within one year | 40/41 | €16,542 | €30,273 | +€13,731 | +83.0% |
| Trade receivables | 40 | €12,424 | €19,780 | +€7,356 | +59.2% |
| Other amounts receivable | 41 | €4,119 | €10,493 | +€6,375 | +155% |
| Cash at bank and in hand | 54/58 | €40,181 | €6,492 | -€33,689 | -83.8% |
| Deferred charges and accrued income | 490/1 | €264 | - | -€264 | |
| Total equity and liabilities | 10/49 | €1,118,088 | €1,004,765 | -€113,323 | -10.1% |
| Equity | 10/15 | €124,161 | €127,577 | +€3,416 | +2.8% |
| Contributions | 10/11 | €118,668 | €118,668 | = | 0.0% |
| Reserves | 13 | €42,093 | €42,093 | = | 0.0% |
| Distributable reserves | 133 | €42,093 | €42,093 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,599 | -€33,183 | +€3,416 | +9.3% |
| Amounts payable | 17/49 | €993,927 | €877,188 | -€116,739 | -11.7% |
| Amounts payable after more than one year | 17 | €756,833 | €659,319 | -€97,514 | -12.9% |
| Financial debts | 170/4 | €756,833 | €659,319 | -€97,514 | -12.9% |
| Amounts payable within one year | 42/48 | €218,941 | €206,968 | -€11,973 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €111,930 | €93,237 | -€18,693 | -16.7% |
| Financial debts | 43 | €21,000 | - | -€21,000 | |
| Credit institutions | 430/8 | €21,000 | - | -€21,000 | |
| Trade debts | 44 | €14,200 | €21,814 | +€7,614 | +53.6% |
| Suppliers | 440/4 | €14,200 | €21,814 | +€7,614 | +53.6% |
| Taxes, remuneration and social security | 45 | €45,195 | €47,251 | +€2,057 | +4.6% |
| Taxes | 450/3 | €10,227 | €9,254 | -€972 | -9.5% |
| Remuneration and social security | 454/9 | €34,968 | €37,997 | +€3,029 | +8.7% |
| Other amounts payable | 47/48 | €26,616 | €44,665 | +€18,049 | +67.8% |
| Accrued charges and deferred income | 492/3 | €18,153 | €10,901 | -€7,252 | -40.0% |
| Non-recurring operating income | 76A | - | €1,000 | +€1,000 | |
| Remuneration, social security and pensions | 62 | €182,316 | €193,976 | +€11,659 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €89,159 | €90,041 | +€881 | +1.0% |
| Other operating charges | 640/8 | €8,188 | €8,201 | +€13 | +0.2% |
| Gross operating margin | 9900 | €376,968 | €332,235 | -€44,734 | -11.9% |
| Operating profit (loss) | 9901 | €97,305 | €40,018 | -€57,287 | -58.9% |
| Financial income | 75/76B | €2,651 | €1,840 | -€812 | -30.6% |
| Recurring financial income | 75 | €2,651 | €1,840 | -€812 | -30.6% |
| Financial charges | 65/66B | €40,982 | €34,861 | -€6,122 | -14.9% |
| Recurring financial charges | 65 | €40,982 | €34,861 | -€6,122 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €58,974 | €6,996 | -€51,977 | -88.1% |
| Income taxes | 67/77 | €16,881 | €3,580 | -€13,301 | -78.8% |
| Profit (loss) for the period | 9904 | €42,093 | €3,416 | -€38,677 | -91.9% |
| Profit (loss) for the period to be appropriated | 9905 | €42,093 | €3,416 | -€38,677 | -91.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.