Van Ingelgem W.: 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 Ingelgem W.
Largest movements
- Cash -€8,899
down €8,899 (-24.8%), from €35,819 to €26,920
mainly Net result for the year (-€15,644) and Trade debts (-€971)
- Tangible fixed assets -€1,273
down €1,273 (-21.9%), from €5,812 to €4,539
- Profit (loss) carried forward -€15,644
down €15,644 (-53.3%), from -€29,348 to -€44,992
- Other debts +€6,497
up €6,497 (+33.7%), from €19,302 to €25,799
- Trade debts -€971
down €971 (-49.3%), from €1,971 to €1,000
- Depreciation -€3,140
down €3,140 (-66.7%), from €4,707 to €1,567
- Gross operating margin -€2,693
down €2,693 (-24.1%), from -€11,196 to -€13,889
- Other operating charges -€298
down €298 (-51.4%), from €580 to €282
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 | €41,912 | €31,676 | -€10,236 | -24.4% |
| Fixed assets | 21/28 | €5,962 | €4,689 | -€1,273 | -21.3% |
| Tangible fixed assets | 22/27 | €5,812 | €4,539 | -€1,273 | -21.9% |
| Plant, machinery and equipment | 23 | €759 | €347 | -€413 | -54.4% |
| Furniture and vehicles | 24 | €519 | €179 | -€340 | -65.5% |
| Other tangible fixed assets | 26 | €4,534 | €4,014 | -€520 | -11.5% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €35,950 | €26,987 | -€8,963 | -24.9% |
| Amounts receivable within one year | 40/41 | €130 | €67 | -€64 | -48.8% |
| Trade receivables | 40 | €0 | €67 | +€67 | |
| Other amounts receivable | 41 | €130 | - | -€130 | |
| Cash at bank and in hand | 54/58 | €35,819 | €26,920 | -€8,899 | -24.8% |
| Total equity and liabilities | 10/49 | €41,912 | €31,676 | -€10,236 | -24.4% |
| Equity | 10/15 | €20,521 | €4,877 | -€15,644 | -76.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €39,870 | €39,870 | = | 0.0% |
| Distributable reserves | 133 | €39,870 | €39,870 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,348 | -€44,992 | -€15,644 | -53.3% |
| Amounts payable | 17/49 | €21,390 | €26,799 | +€5,408 | +25.3% |
| Amounts payable within one year | 42/48 | €21,390 | €26,799 | +€5,408 | +25.3% |
| Trade debts | 44 | €1,971 | €1,000 | -€971 | -49.3% |
| Suppliers | 440/4 | €1,971 | €1,000 | -€971 | -49.3% |
| Taxes, remuneration and social security | 45 | €117 | - | -€117 | |
| Taxes | 450/3 | €117 | - | -€117 | |
| Other amounts payable | 47/48 | €19,302 | €25,799 | +€6,497 | +33.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,707 | €1,567 | -€3,140 | -66.7% |
| Other operating charges | 640/8 | €580 | €282 | -€298 | -51.4% |
| Gross operating margin | 9900 | -€11,196 | -€13,889 | -€2,693 | -24.1% |
| Operating profit (loss) | 9901 | -€16,483 | -€15,738 | +€745 | +4.5% |
| Financial income | 75/76B | €108 | €211 | +€103 | +95.4% |
| Recurring financial income | 75 | €108 | €211 | +€103 | +95.4% |
| Financial charges | 65/66B | €150 | €117 | -€32 | -21.4% |
| Recurring financial charges | 65 | €150 | €117 | -€32 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | -€16,524 | -€15,644 | +€881 | +5.3% |
| Profit (loss) for the period | 9904 | -€16,524 | -€15,644 | +€881 | +5.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,524 | -€15,644 | +€881 | +5.3% |
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 26 October 2026 via checked.be.