VAN GASTEL: 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 GASTEL
Largest movements
- Tangible fixed assets -€287,498
down €287,498 (-92.0%), from €312,621 to €25,123
of which Other tangible fixed assets: -€262,375
- Cash +€55,645
up €55,645 (+22.0%), from €252,517 to €308,162
mainly Investment in fixed assets (net) (+€262,850) and Depreciation (+€25,123)
- Receivables within one year -€20,117
down €20,117 (-41.1%), from €48,998 to €28,882
of which Other amounts receivable: -€20,117
- Reserves -€156,157
down €156,157 (-53.2%), from €293,484 to €137,326
of which Distributable reserves: -€156,157
- Profit (loss) carried forward -€89,034
down €89,034 (-85.7%), from €103,839 to €14,806
- Trade debts -€14,472
down €14,472 (-70.6%), from €20,493 to €6,021
- Depreciation -€52,475
down €52,475 (-67.6%), from €77,598 to €25,123
- Gross operating margin -€21,496
down €21,496 (-23.5%), from €91,482 to €69,986
- Taxes +€2,200
up €2,200 (+266%), from €828 to €3,028
- Financial charges -€2,032
down €2,032 (-81.0%), from €2,507 to €475
- Financial income -€1,034
down €1,034 (-47.1%), from €2,193 to €1,159
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 | €614,611 | €364,461 | -€250,151 | -40.7% |
| Fixed assets | 21/28 | €313,096 | €25,123 | -€287,973 | -92.0% |
| Tangible fixed assets | 22/27 | €312,621 | €25,123 | -€287,498 | -92.0% |
| Furniture and vehicles | 24 | €50,246 | €25,123 | -€25,123 | -50.0% |
| Other tangible fixed assets | 26 | €262,375 | €0 | -€262,375 | -100% |
| Financial fixed assets | 28 | €475 | €0 | -€475 | -100% |
| Current assets | 29/58 | €301,515 | €339,338 | +€37,822 | +12.5% |
| Amounts receivable within one year | 40/41 | €48,998 | €28,882 | -€20,117 | -41.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €48,998 | €28,882 | -€20,117 | -41.1% |
| Cash at bank and in hand | 54/58 | €252,517 | €308,162 | +€55,645 | +22.0% |
| Deferred charges and accrued income | 490/1 | €0 | €2,294 | +€2,294 | |
| Total equity and liabilities | 10/49 | €614,611 | €364,461 | -€250,151 | -40.7% |
| Equity | 10/15 | €440,723 | €195,532 | -€245,191 | -55.6% |
| Contributions | 10/11 | €43,400 | €43,400 | = | 0.0% |
| Reserves | 13 | €293,484 | €137,326 | -€156,157 | -53.2% |
| Non-distributable reserves | 130/1 | €4,340 | €4,340 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,340 | €4,340 | = | 0.0% |
| Distributable reserves | 133 | €289,144 | €132,986 | -€156,157 | -54.0% |
| Profit (loss) carried forward | 14 | €103,839 | €14,806 | -€89,034 | -85.7% |
| Amounts payable | 17/49 | €173,888 | €168,928 | -€4,960 | -2.9% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €172,702 | €168,928 | -€3,773 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €20,493 | €6,021 | -€14,472 | -70.6% |
| Suppliers | 440/4 | €20,493 | €6,021 | -€14,472 | -70.6% |
| Taxes, remuneration and social security | 45 | €18,209 | €23,319 | +€5,111 | +28.1% |
| Taxes | 450/3 | €18,209 | €23,319 | +€5,111 | +28.1% |
| Other amounts payable | 47/48 | €134,000 | €139,588 | +€5,588 | +4.2% |
| Accrued charges and deferred income | 492/3 | €1,186 | €0 | -€1,186 | -100% |
| Remuneration, social security and pensions | 62 | €3 | €0 | -€3 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,598 | €25,123 | -€52,475 | -67.6% |
| Other operating charges | 640/8 | €1,403 | €760 | -€644 | -45.9% |
| Non-recurring operating charges | 66A | - | €151,375 | +€151,375 | |
| Gross operating margin | 9900 | €91,482 | €69,986 | -€21,496 | -23.5% |
| Operating profit (loss) | 9901 | €12,477 | -€107,272 | -€119,749 | |
| Financial income | 75/76B | €2,193 | €1,159 | -€1,034 | -47.1% |
| Recurring financial income | 75 | €2,193 | €1,159 | -€1,034 | -47.1% |
| Financial charges | 65/66B | €2,507 | €475 | -€2,032 | -81.0% |
| Recurring financial charges | 65 | €2,507 | €475 | -€2,032 | -81.0% |
| Profit (loss) for the period before taxes | 9903 | €12,163 | -€106,588 | -€118,751 | |
| Income taxes | 67/77 | €828 | €3,028 | +€2,200 | +266% |
| Profit (loss) for the period | 9904 | €11,335 | -€109,616 | -€120,952 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,335 | -€109,616 | -€120,952 |
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 17 October 2026 via checked.be.