VAN GELE DIRK: 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 GELE DIRK
Largest movements
- Cash +€15,755
up €15,755 (+77.3%), from €20,383 to €36,138
mainly Current portion of long-term debt (+€24,969) and Accrued charges and deferred income (+€11,767)
- Receivables within one year +€13,887
up €13,887 (+116%), from €11,988 to €25,875
of which Other amounts receivable: +€19,225
- Tangible fixed assets -€5,525
down €5,525 (-25.0%), from €22,084 to €16,559
of which Plant, machinery and equipment: -€4,475
- Profit (loss) carried forward -€30,707
down €30,707 (-110%), from -€27,881 to -€58,588
- Current portion of long-term debt +€24,969
up €24,969 (+434%), from €5,755 to €30,724
- Accrued charges and deferred income +€11,767
up €11,767 (+4,203%), from €280 to €12,047
- Trade debts +€7,722
up €7,722 (+10.4%), from €73,998 to €81,720
- Tax, wage and social debts +€6,354
up €6,354 (+32.6%), from €19,496 to €25,850
of which Remuneration and social security: +€9,386
- Gross operating margin -€18,712
down €18,712 (-21.1%), from €88,647 to €69,935
- Staff costs +€17,236
up €17,236 (+24.7%), from €69,651 to €86,887
- Depreciation -€2,269
down €2,269 (-21.4%), from €10,610 to €8,341
- Other operating charges -€1,660
down €1,660 (-32.6%), from €5,099 to €3,439
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 | €112,082 | €136,200 | +€24,118 | +21.5% |
| Fixed assets | 21/28 | €25,294 | €19,769 | -€5,525 | -21.8% |
| Tangible fixed assets | 22/27 | €22,084 | €16,559 | -€5,525 | -25.0% |
| Plant, machinery and equipment | 23 | €19,533 | €15,058 | -€4,475 | -22.9% |
| Furniture and vehicles | 24 | €2,551 | €1,501 | -€1,050 | -41.2% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €3,210 | €3,210 | = | 0.0% |
| Current assets | 29/58 | €86,788 | €116,431 | +€29,643 | +34.2% |
| Stocks and contracts in progress | 3 | €41,265 | €41,265 | = | 0.0% |
| Stocks | 30/36 | €4,765 | €4,765 | = | 0.0% |
| Contracts in progress | 37 | €36,500 | €36,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,988 | €25,875 | +€13,887 | +116% |
| Trade receivables | 40 | €11,988 | €6,650 | -€5,338 | -44.5% |
| Other amounts receivable | 41 | - | €19,225 | +€19,225 | |
| Cash at bank and in hand | 54/58 | €20,383 | €36,138 | +€15,755 | +77.3% |
| Deferred charges and accrued income | 490/1 | €13,152 | €13,153 | +€1 | 0.0% |
| Total equity and liabilities | 10/49 | €112,082 | €136,200 | +€24,118 | +21.5% |
| Equity | 10/15 | €11,617 | -€19,141 | -€30,758 | |
| Contributions | 10/11 | €12,451 | €12,400 | -€51 | -0.4% |
| Capital | 10 | €12,451 | €12,400 | -€51 | -0.4% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €6,149 | €6,200 | +€51 | +0.8% |
| Reserves | 13 | €27,047 | €27,047 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €25,187 | €25,187 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,881 | -€58,588 | -€30,707 | -110% |
| Amounts payable | 17/49 | €100,465 | €155,341 | +€54,876 | +54.6% |
| Amounts payable within one year | 42/48 | €100,185 | €143,294 | +€43,109 | +43.0% |
| Current portion of amounts payable after more than one year | 42 | €5,755 | €30,724 | +€24,969 | +434% |
| Trade debts | 44 | €73,998 | €81,720 | +€7,722 | +10.4% |
| Suppliers | 440/4 | €73,998 | €81,720 | +€7,722 | +10.4% |
| Taxes, remuneration and social security | 45 | €19,496 | €25,850 | +€6,354 | +32.6% |
| Taxes | 450/3 | €8,761 | €5,729 | -€3,032 | -34.6% |
| Remuneration and social security | 454/9 | €10,735 | €20,121 | +€9,386 | +87.4% |
| Other amounts payable | 47/48 | €936 | €5,000 | +€4,064 | +434% |
| Accrued charges and deferred income | 492/3 | €280 | €12,047 | +€11,767 | +4,203% |
| Remuneration, social security and pensions | 62 | €69,651 | €86,887 | +€17,236 | +24.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,610 | €8,341 | -€2,269 | -21.4% |
| Other operating charges | 640/8 | €5,099 | €3,439 | -€1,660 | -32.6% |
| Gross operating margin | 9900 | €88,647 | €69,935 | -€18,712 | -21.1% |
| Operating profit (loss) | 9901 | €3,287 | -€28,732 | -€32,019 | |
| Financial income | 75/76B | €2 | €1 | -€1 | -50.0% |
| Recurring financial income | 75 | €2 | €1 | -€1 | -50.0% |
| Financial charges | 65/66B | €2,321 | €1,765 | -€556 | -24.0% |
| Recurring financial charges | 65 | €2,321 | €1,765 | -€556 | -24.0% |
| Profit (loss) for the period before taxes | 9903 | €968 | -€30,496 | -€31,464 | |
| Income taxes | 67/77 | €358 | €211 | -€147 | -41.1% |
| Profit (loss) for the period | 9904 | €610 | -€30,707 | -€31,317 | |
| Profit (loss) for the period to be appropriated | 9905 | €610 | -€30,707 | -€31,317 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.