VAN INGELGOM P & R: 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 INGELGOM P & R
Largest movements
- Receivables within one year +€9,175
up €9,175 (+286%), from €3,202 to €12,377
of which Trade receivables: +€8,957
- Tangible fixed assets -€5,020
down €5,020 (-38.4%), from €13,088 to €8,068
- Cash -€2,124
down €2,124 (-31.6%), from €6,722 to €4,599
mainly Receivables within one year (-€9,175) and Debts after one year (-€4,500)
- Deferred charges and accrued income +€598
up €598 (+116%), from €514 to €1,112
- Trade debts +€6,273
up €6,273 (+161%), from €3,894 to €10,167
- Debts after one year -€4,500
down €4,500 (-50.0%), from €9,000 to €4,500
- Profit (loss) carried forward +€897
up €897 (+1.3%), from -€69,760 to -€68,863
- Gross operating margin -€7,560
down €7,560 (-51.3%), from €14,748 to €7,188
- Depreciation -€2,434
down €2,434 (-32.7%), from €7,455 to €5,020
- Other operating charges +€661
up €661 (+220%), from €301 to €961
- Financial charges -€344
down €344 (-52.6%), from €653 to €310
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 | €23,527 | €26,156 | +€2,628 | +11.2% |
| Fixed assets | 21/28 | €13,088 | €8,068 | -€5,020 | -38.4% |
| Tangible fixed assets | 22/27 | €13,088 | €8,068 | -€5,020 | -38.4% |
| Plant, machinery and equipment | 23 | €13,088 | €8,068 | -€5,020 | -38.4% |
| Current assets | 29/58 | €10,439 | €18,087 | +€7,648 | +73.3% |
| Amounts receivable within one year | 40/41 | €3,202 | €12,377 | +€9,175 | +286% |
| Trade receivables | 40 | €2,883 | €11,840 | +€8,957 | +311% |
| Other amounts receivable | 41 | €319 | €537 | +€218 | +68.3% |
| Cash at bank and in hand | 54/58 | €6,722 | €4,599 | -€2,124 | -31.6% |
| Deferred charges and accrued income | 490/1 | €514 | €1,112 | +€598 | +116% |
| Total equity and liabilities | 10/49 | €23,527 | €26,156 | +€2,628 | +11.2% |
| Equity | 10/15 | -€5,454 | -€4,557 | +€897 | +16.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €58,106 | €58,106 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €56,246 | €56,246 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€69,760 | -€68,863 | +€897 | +1.3% |
| Amounts payable | 17/49 | €28,981 | €30,713 | +€1,732 | +6.0% |
| Amounts payable after more than one year | 17 | €9,000 | €4,500 | -€4,500 | -50.0% |
| Financial debts | 170/4 | €9,000 | €4,500 | -€4,500 | -50.0% |
| Amounts payable within one year | 42/48 | €19,981 | €26,213 | +€6,232 | +31.2% |
| Current portion of amounts payable after more than one year | 42 | €4,500 | €4,500 | = | 0.0% |
| Trade debts | 44 | €3,894 | €10,167 | +€6,273 | +161% |
| Suppliers | 440/4 | €3,894 | €10,167 | +€6,273 | +161% |
| Other amounts payable | 47/48 | €11,587 | €11,546 | -€42 | -0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,455 | €5,020 | -€2,434 | -32.7% |
| Other operating charges | 640/8 | €301 | €961 | +€661 | +220% |
| Gross operating margin | 9900 | €14,748 | €7,188 | -€7,560 | -51.3% |
| Operating profit (loss) | 9901 | €6,993 | €1,206 | -€5,786 | -82.7% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €653 | €310 | -€344 | -52.6% |
| Recurring financial charges | 65 | €653 | €310 | -€344 | -52.6% |
| Profit (loss) for the period before taxes | 9903 | €6,339 | €897 | -€5,443 | -85.9% |
| Profit (loss) for the period | 9904 | €6,339 | €897 | -€5,443 | -85.9% |
| Profit (loss) for the period to be appropriated | 9905 | €6,339 | €897 | -€5,443 | -85.9% |
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.