VAN GESTEL: what changed
What changed
VAN GESTEL
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
€12,215
2024 · €25,788-€13,573
Equity
€522,801
2024 · €510,586+€12,215
Cash
€388,414
2024 · €393,491-€5,077
Balance sheet total
€636,630
2024 · €605,885+€30,745
Largest movements
Assets
- Tangible fixed assets +€35,566
up €35,566 (+54.8%), from €64,960 to €100,526
of which Furniture and vehicles: +€46,131
- Deferred charges and accrued income +€6,843
up €6,843 (+75.9%), from €9,018 to €15,861
Equity and liabilities
- Trade debts +€27,198
up €27,198 (+201%), from €13,537 to €40,734
- Other debts -€13,799
down €13,799 (-21.8%), from €63,415 to €49,616
- Reserves +€12,215
up €12,215 (+8.2%), from €148,835 to €161,050
of which Distributable reserves: +€12,215
- Tax, wage and social debts +€6,661
up €6,661 (+52.0%), from €12,814 to €19,476
of which Taxes: +€6,766
Income statement
- Gross operating margin -€25,250
down €25,250 (-5.8%), from €435,549 to €410,299
- Staff costs -€16,309
down €16,309 (-4.5%), from €359,869 to €343,560
- Depreciation +€10,450
up €10,450 (+54.8%), from €19,064 to €29,515
- Taxes -€6,541
down €6,541 (-38.6%), from €16,929 to €10,387
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.
Result 2024
€25,788
Gross operating margin
-€25,250
Staff costs
+€16,309
Depreciation
-€10,450
Other operating charges
-€1,797
Financial income
-€53
Financial charges
+€1,127
Taxes
+€6,541
Result 2025
€12,215
raises the resultlowers the result
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.
From operations
+€60,004
Investment
-€65,081
Financing
€0
Cash 2024
€393,491
From operations (derived)
+€60,004
Net result for the year
+€12,215
Depreciation
+€29,515
Stocks and contracts
+€1,500
Receivables within one year
+€5,087
Deferred charges and accrued income
-€6,843
Trade debts
+€27,198
Tax, wage and social debts
+€6,661
Other debts
-€13,799
Accrued charges and deferred income
-€1,529
Investment (derived)
-€65,081
Investment in fixed assets (net)
-€65,081
Cash 2025
€388,414
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €605,885 | €636,630 | +€30,745 | +5.1% |
| Fixed assets | 21/28 | €64,960 | €100,526 | +€35,566 | +54.8% |
| Tangible fixed assets | 22/27 | €64,960 | €100,526 | +€35,566 | +54.8% |
| Land and buildings | 22 | €7,584 | €6,806 | -€778 | -10.3% |
| Plant, machinery and equipment | 23 | €32,571 | €22,784 | -€9,787 | -30.0% |
| Furniture and vehicles | 24 | €24,806 | €70,936 | +€46,131 | +186% |
| Current assets | 29/58 | €540,925 | €536,104 | -€4,821 | -0.9% |
| Stocks and contracts in progress | 3 | €23,036 | €21,536 | -€1,500 | -6.5% |
| Stocks | 30/36 | €23,036 | €21,536 | -€1,500 | -6.5% |
| Amounts receivable within one year | 40/41 | €115,380 | €110,293 | -€5,087 | -4.4% |
| Trade receivables | 40 | €111,216 | €108,923 | -€2,293 | -2.1% |
| Other amounts receivable | 41 | €4,164 | €1,370 | -€2,794 | -67.1% |
| Cash at bank and in hand | 54/58 | €393,491 | €388,414 | -€5,077 | -1.3% |
| Deferred charges and accrued income | 490/1 | €9,018 | €15,861 | +€6,843 | +75.9% |
| Total equity and liabilities | 10/49 | €605,885 | €636,630 | +€30,745 | +5.1% |
| Equity | 10/15 | €510,586 | €522,801 | +€12,215 | +2.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €148,835 | €161,050 | +€12,215 | +8.2% |
| Non-distributable reserves | 130/1 | €6,795 | €6,795 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Other | 1319 | €595 | €595 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,252 | €21,252 | = | 0.0% |
| Distributable reserves | 133 | €120,788 | €133,003 | +€12,215 | +10.1% |
| Profit (loss) carried forward | 14 | €299,751 | €299,751 | = | 0.0% |
| Amounts payable | 17/49 | €95,299 | €113,829 | +€18,531 | +19.4% |
| Amounts payable within one year | 42/48 | €89,766 | €109,826 | +€20,060 | +22.3% |
| Trade debts | 44 | €13,537 | €40,734 | +€27,198 | +201% |
| Suppliers | 440/4 | €13,537 | €40,734 | +€27,198 | +201% |
| Taxes, remuneration and social security | 45 | €12,814 | €19,476 | +€6,661 | +52.0% |
| Taxes | 450/3 | €11,651 | €18,417 | +€6,766 | +58.1% |
| Remuneration and social security | 454/9 | €1,164 | €1,059 | -€105 | -9.0% |
| Other amounts payable | 47/48 | €63,415 | €49,616 | -€13,799 | -21.8% |
| Accrued charges and deferred income | 492/3 | €5,532 | €4,003 | -€1,529 | -27.6% |
| Remuneration, social security and pensions | 62 | €359,869 | €343,560 | -€16,309 | -4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,064 | €29,515 | +€10,450 | +54.8% |
| Other operating charges | 640/8 | €3,334 | €5,131 | +€1,797 | +53.9% |
| Gross operating margin | 9900 | €435,549 | €410,299 | -€25,250 | -5.8% |
| Operating profit (loss) | 9901 | €53,281 | €32,093 | -€21,188 | -39.8% |
| Financial income | 75/76B | €2,631 | €2,578 | -€53 | -2.0% |
| Recurring financial income | 75 | €2,631 | €2,578 | -€53 | -2.0% |
| Financial charges | 65/66B | €13,196 | €12,069 | -€1,127 | -8.5% |
| Recurring financial charges | 65 | €13,196 | €12,069 | -€1,127 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €42,716 | €22,602 | -€20,114 | -47.1% |
| Income taxes | 67/77 | €16,929 | €10,387 | -€6,541 | -38.6% |
| Profit (loss) for the period | 9904 | €25,788 | €12,215 | -€13,573 | -52.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,788 | €12,215 | -€13,573 | -52.6% |
Next steps
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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 5 November 2026 via checked.be.