VAN KEULEN MECHANICAL: what changed
What changed
VAN KEULEN MECHANICAL
NACE 46.649, Wholesale of other machinery and equipment
filed annual accounts (NBB)
Net result for the year
-€8,566
2023 · €15,773-€24,338
Equity
€165,231
2023 · €173,796-€8,566
Cash
-
2023 · €19,059-€19,059
Balance sheet total
€283,283
2023 · €318,610-€35,327
Largest movements
Assets
- Tangible fixed assets -€25,078
down €25,078 (-26.9%), from €93,227 to €68,149
of which Land and buildings: -€18,375
- Cash -€19,059
no longer reported in 2024 (was €19,059)
mainly Debts after one year (-€21,933) and Receivables within one year (-€11,670)
- Receivables within one year +€11,670
up €11,670 (+11.3%), from €103,280 to €114,949
of which Trade receivables: +€6,068
Equity and liabilities
- Debts after one year -€21,933
down €21,933 (-22.9%), from €95,703 to €73,770
- Trade debts -€10,665
down €10,665 (-84.5%), from €12,615 to €1,950
- Profit (loss) carried forward -€8,566
down €8,566 (-30.1%), from -€28,455 to -€37,020
- Tax, wage and social debts +€7,622
up €7,622 (+98.7%), from €7,726 to €15,348
Income statement
- Gross operating margin -€34,680
down €34,680 (-57.1%), from €60,740 to €26,060
- Taxes -€10,159
no longer reported in 2024 (was €10,159)
- Financial charges -€5,166
down €5,166 (-49.2%), from €10,501 to €5,335
- Staff costs +€5,030
up €5,030, from -€3,642 to €1,388
Change in the result, 2023 to 2024
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 2023
€15,773
Gross operating margin
-€34,680
Staff costs
-€5,030
Depreciation
+€15
Other operating charges
+€21
Financial income
+€11
Financial charges
+€5,166
Taxes
+€10,159
Result 2024
-€8,566
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€4,057
Investment
€0
Financing
-€23,116
Cash 2023
€19,059
From operations (derived)
+€4,057
Net result for the year
-€8,566
Depreciation
+€25,078
Receivables within one year
-€11,670
Deferred charges and accrued income
+€2,860
Trade debts
-€10,665
Tax, wage and social debts
+€7,622
Other debts
-€603
Financing
-€23,116
Debts after one year
-€21,933
Current portion of long-term debt
-€1,234
Short-term financial debts
+€51
Cash 2024
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €318,610 | €283,283 | -€35,327 | -11.1% |
| Fixed assets | 21/28 | €93,412 | €68,334 | -€25,078 | -26.8% |
| Tangible fixed assets | 22/27 | €93,227 | €68,149 | -€25,078 | -26.9% |
| Land and buildings | 22 | €77,488 | €59,113 | -€18,375 | -23.7% |
| Plant, machinery and equipment | 23 | €13,487 | €7,875 | -€5,612 | -41.6% |
| Furniture and vehicles | 24 | €2,252 | €1,161 | -€1,091 | -48.5% |
| Financial fixed assets | 28 | €185 | €185 | = | 0.0% |
| Current assets | 29/58 | €225,198 | €214,949 | -€10,249 | -4.6% |
| Amounts receivable after more than one year | 29 | €100,000 | €100,000 | = | 0.0% |
| Other amounts receivable | 291 | €100,000 | €100,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €103,280 | €114,949 | +€11,670 | +11.3% |
| Trade receivables | 40 | €103,280 | €109,347 | +€6,068 | +5.9% |
| Other amounts receivable | 41 | - | €5,602 | +€5,602 | |
| Cash at bank and in hand | 54/58 | €19,059 | - | -€19,059 | |
| Deferred charges and accrued income | 490/1 | €2,860 | - | -€2,860 | |
| Total equity and liabilities | 10/49 | €318,610 | €283,283 | -€35,327 | -11.1% |
| Equity | 10/15 | €173,796 | €165,231 | -€8,566 | -4.9% |
| Contributions | 10/11 | €7,445 | €7,445 | = | 0.0% |
| Contributions outside capital | 11 | €7,445 | €7,445 | = | 0.0% |
| Other | 1109/19 | €7,445 | €7,445 | = | 0.0% |
| Reserves | 13 | €194,806 | €194,806 | = | 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% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €174,196 | €174,196 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,455 | -€37,020 | -€8,566 | -30.1% |
| Amounts payable | 17/49 | €144,814 | €118,052 | -€26,762 | -18.5% |
| Amounts payable after more than one year | 17 | €95,703 | €73,770 | -€21,933 | -22.9% |
| Financial debts | 170/4 | €95,703 | €73,770 | -€21,933 | -22.9% |
| Amounts payable within one year | 42/48 | €49,111 | €44,282 | -€4,829 | -9.8% |
| Current portion of amounts payable after more than one year | 42 | €28,167 | €26,933 | -€1,234 | -4.4% |
| Financial debts | 43 | - | €51 | +€51 | |
| Credit institutions | 430/8 | - | €51 | +€51 | |
| Trade debts | 44 | €12,615 | €1,950 | -€10,665 | -84.5% |
| Suppliers | 440/4 | €12,615 | €1,950 | -€10,665 | -84.5% |
| Taxes, remuneration and social security | 45 | €7,726 | €15,348 | +€7,622 | +98.7% |
| Taxes | 450/3 | €7,726 | €15,348 | +€7,622 | +98.7% |
| Other amounts payable | 47/48 | €603 | - | -€603 | |
| Remuneration, social security and pensions | 62 | -€3,642 | €1,388 | +€5,030 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,093 | €25,078 | -€15 | -0.1% |
| Other operating charges | 640/8 | €2,855 | €2,835 | -€21 | -0.7% |
| Gross operating margin | 9900 | €60,740 | €26,060 | -€34,680 | -57.1% |
| Operating profit (loss) | 9901 | €36,433 | -€3,241 | -€39,674 | |
| Financial income | 75/76B | - | €11 | +€11 | |
| Recurring financial income | 75 | - | €11 | +€11 | |
| Financial charges | 65/66B | €10,501 | €5,335 | -€5,166 | -49.2% |
| Recurring financial charges | 65 | €10,501 | €5,335 | -€5,166 | -49.2% |
| Profit (loss) for the period before taxes | 9903 | €25,932 | -€8,566 | -€34,497 | |
| Income taxes | 67/77 | €10,159 | - | -€10,159 | |
| Profit (loss) for the period | 9904 | €15,773 | -€8,566 | -€24,338 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,773 | -€8,566 | -€24,338 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.