VAN GESTEL-VAN PEER: 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 GESTEL-VAN PEER
Largest movements
- Receivables within one year -€67,394
down €67,394 (-13.9%), from €486,132 to €418,738
of which Trade receivables: -€84,302
- Cash +€51,647
up €51,647 (+25.5%), from €202,653 to €254,300
mainly Net result for the year (+€88,502) and Depreciation (+€71,542)
- Receivables after one year +€23,861
up €23,861 (+7.7%), from €308,041 to €331,902
of which Other amounts receivable: +€23,861
- Tangible fixed assets -€16,531
down €16,531 (-3.6%), from €456,526 to €439,995
of which Land and buildings: -€38,563
- Reserves +€88,502
up €88,502 (+10.1%), from €875,427 to €963,928
- Advances received -€65,090
down €65,090 (-100%), from €65,090 to €0
- Trade debts +€36,741
up €36,741 (+27.3%), from €134,427 to €171,168
- Debts after one year -€30,151
down €30,151 (-12.7%), from €238,091 to €207,940
- Tax, wage and social debts -€21,546
down €21,546 (-45.0%), from €47,899 to €26,353
of which Taxes: -€27,371
- Gross operating margin -€52,332
down €52,332 (-9.4%), from €556,218 to €503,886
- Depreciation -€17,218
down €17,218 (-19.4%), from €88,760 to €71,542
- Staff costs +€14,939
up €14,939 (+5.4%), from €274,341 to €289,281
- Taxes -€14,251
down €14,251 (-27.6%), from €51,632 to €37,381
- Other operating charges -€6,952
down €6,952 (-39.4%), from €17,666 to €10,714
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 | €1,467,715 | €1,459,298 | -€8,416 | -0.6% |
| Fixed assets | 21/28 | €456,526 | €439,995 | -€16,531 | -3.6% |
| Tangible fixed assets | 22/27 | €456,526 | €439,995 | -€16,531 | -3.6% |
| Land and buildings | 22 | €388,563 | €350,000 | -€38,563 | -9.9% |
| Plant, machinery and equipment | 23 | €16,072 | €45,812 | +€29,740 | +185% |
| Furniture and vehicles | 24 | - | €12,519 | +€12,519 | |
| Leasing and similar rights | 25 | €50,568 | €30,671 | -€19,896 | -39.3% |
| Other tangible fixed assets | 26 | €1,323 | €992 | -€331 | -25.0% |
| Current assets | 29/58 | €1,011,189 | €1,019,304 | +€8,114 | +0.8% |
| Amounts receivable after more than one year | 29 | €308,041 | €331,902 | +€23,861 | +7.7% |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €308,041 | €331,902 | +€23,861 | +7.7% |
| Stocks and contracts in progress | 3 | €14,363 | €14,363 | = | 0.0% |
| Stocks | 30/36 | €14,363 | €14,363 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €486,132 | €418,738 | -€67,394 | -13.9% |
| Trade receivables | 40 | €486,132 | €401,830 | -€84,302 | -17.3% |
| Other amounts receivable | 41 | - | €16,908 | +€16,908 | |
| Cash at bank and in hand | 54/58 | €202,653 | €254,300 | +€51,647 | +25.5% |
| Total equity and liabilities | 10/49 | €1,467,715 | €1,459,298 | -€8,416 | -0.6% |
| Equity | 10/15 | €925,006 | €1,013,507 | +€88,502 | +9.6% |
| Contributions | 10/11 | €49,579 | €49,579 | = | 0.0% |
| Reserves | 13 | €875,427 | €963,928 | +€88,502 | +10.1% |
| Distributable reserves | 133 | €875,427 | €963,928 | +€88,502 | +10.1% |
| Amounts payable | 17/49 | €542,709 | €445,791 | -€96,918 | -17.9% |
| Amounts payable after more than one year | 17 | €238,091 | €207,940 | -€30,151 | -12.7% |
| Financial debts | 170/4 | €238,091 | €207,940 | -€30,151 | -12.7% |
| Amounts payable within one year | 42/48 | €304,619 | €237,851 | -€66,767 | -21.9% |
| Current portion of amounts payable after more than one year | 42 | €37,343 | €36,881 | -€462 | -1.2% |
| Trade debts | 44 | €134,427 | €171,168 | +€36,741 | +27.3% |
| Suppliers | 440/4 | €134,427 | €171,168 | +€36,741 | +27.3% |
| Advances received on contracts in progress | 46 | €65,090 | €0 | -€65,090 | -100% |
| Taxes, remuneration and social security | 45 | €47,899 | €26,353 | -€21,546 | -45.0% |
| Taxes | 450/3 | €36,752 | €9,381 | -€27,371 | -74.5% |
| Remuneration and social security | 454/9 | €11,147 | €16,972 | +€5,825 | +52.3% |
| Other amounts payable | 47/48 | €19,859 | €3,449 | -€16,411 | -82.6% |
| Non-recurring operating income | 76A | €0 | €1,020 | +€1,020 | |
| Remuneration, social security and pensions | 62 | €274,341 | €289,281 | +€14,939 | +5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,760 | €71,542 | -€17,218 | -19.4% |
| Other operating charges | 640/8 | €17,666 | €10,714 | -€6,952 | -39.4% |
| Gross operating margin | 9900 | €556,218 | €503,886 | -€52,332 | -9.4% |
| Operating profit (loss) | 9901 | €175,450 | €132,349 | -€43,101 | -24.6% |
| Financial income | 75/76B | €6,092 | €6,361 | +€269 | +4.4% |
| Recurring financial income | 75 | €6,092 | €6,361 | +€269 | +4.4% |
| Financial charges | 65/66B | €15,303 | €12,828 | -€2,475 | -16.2% |
| Recurring financial charges | 65 | €15,303 | €12,828 | -€2,475 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €166,238 | €125,882 | -€40,356 | -24.3% |
| Income taxes | 67/77 | €51,632 | €37,381 | -€14,251 | -27.6% |
| Profit (loss) for the period | 9904 | €114,606 | €88,502 | -€26,104 | -22.8% |
| Profit (loss) for the period to be appropriated | 9905 | €114,606 | €88,502 | -€26,104 | -22.8% |
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 15 October 2026 via checked.be.