Van Langendonck: what changed
Two fiscal 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.
What changed
Van Langendonck
NACE 46.841, Wholesale trade
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€449,953
2024 · €927,053-€477,100
Equity
€9.9m
2024 · €9.6m+€249,953
Cash
€1.1m
2024 · €1.3m-€269,887
Balance sheet total
€11.8m
2024 · €13.1m-€1.2m
Largest movements
Assets
- Stocks and contracts -€501,167
down €501,167 (-8.3%), from €6.0m to €5.5m
- Current investments -€358,542
down €358,542 (-10.9%), from €3.3m to €2.9m
- Cash -€269,887
down €269,887 (-20.4%), from €1.3m to €1.1m
mainly Trade debts (-€1.1m) and Other debts (-€498,541)
Equity and liabilities
- Trade debts -€1.1m
down €1.1m (-48.2%), from €2.2m to €1.1m
- Other debts -€498,541
down €498,541 (-71.4%), from €698,541 to €200,000
- Reserves +€249,953
up €249,953 (+3.6%), from €7.0m to €7.2m
of which Distributable reserves: +€249,953
Income statement
- Turnover -€4.0m
down €4.0m (-18.6%), from €21.5m to €17.5m
- Goods and materials -€3.1m
down €3.1m (-17.8%), from €17.4m to €14.3m
of which Purchases: -€4.5m
- Services and other goods -€281,635
down €281,635 (-16.2%), from €1.7m to €1.5m
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.
Result 2024
€927,053
Turnover
-€4.0m
Other operating income
-€1,820
Goods and materials
+€3.1m
Services and other goods
+€281,635
Staff costs
-€92,654
Depreciation
+€10,722
Write-downs
+€68,677
Other operating charges
-€40,458
Other operating items
+€30,888
Financial income
-€25,272
Financial charges
+€13,020
Taxes
+€170,266
Result 2025
€449,953
Cash bridge derived
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.
From operations
-€403,806
Investment
+€333,919
Financing
-€200,000
Cash 2024
€1.3m
From operations (derived)
-€403,806
Net result for the year
+€449,953
Depreciation
+€76,176
Stocks and contracts
+€501,167
Receivables within one year
+€58,528
Deferred charges and accrued income
-€2,061
Provisions
-€38,605
Trade debts
-€1.1m
Tax, wage and social debts
+€112,172
Advances received
+€11,427
Other debts
-€498,541
Accrued charges and deferred income
-€12,282
Investment (derived)
+€333,919
Investment in fixed assets (net)
-€24,623
Current investments
+€358,542
Financing
-€200,000
Contributions, distributions and other
-€200,000
Cash 2025
€1.1m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,060,834 | €11,823,218 | -€1.2m | -9.5% |
| Fixed assets | 21/28 | €182,993 | €131,440 | -€51,553 | -28.2% |
| Tangible fixed assets | 22/27 | €181,959 | €130,406 | -€51,553 | -28.3% |
| Land and buildings | 22 | €95,416 | €63,887 | -€31,529 | -33.0% |
| Plant, machinery and equipment | 23 | €64,338 | €45,970 | -€18,368 | -28.5% |
| Furniture and vehicles | 24 | €22,205 | €20,549 | -€1,656 | -7.5% |
| Financial fixed assets | 28 | €1,034 | €1,034 | = | 0.0% |
| Other financial fixed assets | 284/8 | €1,034 | €1,034 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,034 | €1,034 | = | 0.0% |
| Current assets | 29/58 | €12,877,841 | €11,691,778 | -€1.2m | -9.2% |
| Stocks and contracts in progress | 3 | €6,021,373 | €5,520,206 | -€501,167 | -8.3% |
| Stocks | 30/36 | €6,021,373 | €5,520,206 | -€501,167 | -8.3% |
| Goods purchased for resale | 34 | €6,021,373 | €5,520,206 | -€501,167 | -8.3% |
| Amounts receivable within one year | 40/41 | €2,208,862 | €2,150,334 | -€58,528 | -2.6% |
| Trade receivables | 40 | €2,208,862 | €2,091,721 | -€117,141 | -5.3% |
| Other amounts receivable | 41 | - | €58,613 | +€58,613 | |
| Current investments | 50/53 | €3,274,542 | €2,916,000 | -€358,542 | -10.9% |
| Other investments | 51/53 | €3,274,542 | €2,916,000 | -€358,542 | -10.9% |
| Cash at bank and in hand | 54/58 | €1,325,981 | €1,056,094 | -€269,887 | -20.4% |
| Deferred charges and accrued income | 490/1 | €47,083 | €49,144 | +€2,061 | +4.4% |
| Total equity and liabilities | 10/49 | €13,060,834 | €11,823,218 | -€1.2m | -9.5% |
| Equity | 10/15 | €9,635,752 | €9,885,705 | +€249,953 | +2.6% |
| Contributions | 10/11 | €2,682,234 | €2,682,234 | = | 0.0% |
| Reserves | 13 | €6,953,518 | €7,203,471 | +€249,953 | +3.6% |
| Non-distributable reserves | 130/1 | €344,850 | €344,850 | = | 0.0% |
| Reserves not available under the articles | 1311 | €344,850 | €344,850 | = | 0.0% |
| Tax-exempt reserves | 132 | €63,628 | €63,628 | = | 0.0% |
| Distributable reserves | 133 | €6,545,040 | €6,794,993 | +€249,953 | +3.8% |
| Provisions and deferred taxes | 16 | €38,605 | - | -€38,605 | |
| Provisions for liabilities and charges | 160/5 | €38,605 | - | -€38,605 | |
| Other liabilities and charges | 164/5 | €38,605 | - | -€38,605 | |
| Amounts payable | 17/49 | €3,386,477 | €1,937,513 | -€1.4m | -42.8% |
| Amounts payable within one year | 42/48 | €3,373,487 | €1,936,805 | -€1.4m | -42.6% |
| Trade debts | 44 | €2,202,288 | €1,140,548 | -€1.1m | -48.2% |
| Suppliers | 440/4 | €2,202,288 | €1,140,548 | -€1.1m | -48.2% |
| Advances received on contracts in progress | 46 | €15,909 | €27,336 | +€11,427 | +71.8% |
| Taxes, remuneration and social security | 45 | €456,749 | €568,921 | +€112,172 | +24.6% |
| Taxes | 450/3 | €192,330 | €292,373 | +€100,043 | +52.0% |
| Remuneration and social security | 454/9 | €264,419 | €276,548 | +€12,129 | +4.6% |
| Other amounts payable | 47/48 | €698,541 | €200,000 | -€498,541 | -71.4% |
| Accrued charges and deferred income | 492/3 | €12,990 | €708 | -€12,282 | -94.5% |
| Operating income | 70/76A | €22,219,303 | €18,246,353 | -€4.0m | -17.9% |
| Turnover | 70 | €21,533,662 | €17,529,514 | -€4.0m | -18.6% |
| Other operating income | 74 | €680,054 | €678,234 | -€1,820 | -0.3% |
| Non-recurring operating income | 76A | €5,587 | €38,605 | +€33,018 | +591.0% |
| Operating charges | 60/66A | €21,096,411 | €17,758,575 | -€3.3m | -15.8% |
| Goods for resale, raw materials and consumables | 60 | €17,438,280 | €14,326,236 | -€3.1m | -17.8% |
| Purchases | 600/8 | €18,286,036 | €13,825,069 | -€4.5m | -24.4% |
| Change in stocks: decrease (increase) | 609 | -€847,756 | €501,167 | +€1.3m | |
| Services and other goods | 61 | €1,735,825 | €1,454,190 | -€281,635 | -16.2% |
| Remuneration, social security and pensions | 62 | €1,759,131 | €1,851,785 | +€92,654 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,898 | €76,176 | -€10,722 | -12.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €28,760 | -€39,917 | -€68,677 | |
| Other operating charges | 640/8 | €47,509 | €87,967 | +€40,458 | +85.2% |
| Non-recurring operating charges | 66A | €8 | €2,138 | +€2,130 | +26625.0% |
| Operating profit (loss) | 9901 | €1,122,892 | €487,778 | -€635,114 | -56.6% |
| Financial income | 75/76B | €271,466 | €246,194 | -€25,272 | -9.3% |
| Recurring financial income | 75 | €270,909 | €246,194 | -€24,715 | -9.1% |
| Income from financial fixed assets | 750 | €88,440 | €68,343 | -€20,097 | -22.7% |
| Other financial income | 752/9 | €182,469 | €177,851 | -€4,618 | -2.5% |
| Non-recurring financial income | 76B | €557 | - | -€557 | |
| Financial charges | 65/66B | €134,829 | €121,809 | -€13,020 | -9.7% |
| Recurring financial charges | 65 | €134,829 | €121,809 | -€13,020 | -9.7% |
| Other financial charges | 652/9 | €134,829 | €121,809 | -€13,020 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €1,259,529 | €612,163 | -€647,366 | -51.4% |
| Income taxes | 67/77 | €332,476 | €162,210 | -€170,266 | -51.2% |
| Taxes | 670/3 | €332,476 | €162,210 | -€170,266 | -51.2% |
| Profit (loss) for the period | 9904 | €927,053 | €449,953 | -€477,100 | -51.5% |
| Profit (loss) for the period to be appropriated | 9905 | €927,053 | €449,953 | -€477,100 | -51.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.