Van Linden Danny: 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 Linden Danny
Largest movements
- Stocks and contracts +€30,417
up €30,417 (+41.5%), from €73,340 to €103,757
of which Contracts in progress: +€16,287
- Tangible fixed assets -€23,298
down €23,298 (-28.8%), from €80,833 to €57,535
of which Plant, machinery and equipment: -€22,798
- Receivables within one year +€10,623
up €10,623 (+105%), from €10,079 to €20,702
of which Trade receivables: +€12,874
- Reserves +€39,985
up €39,985 (+47.6%), from €84,044 to €124,029
of which Distributable reserves: +€39,985
- Debts after one year -€20,122
down €20,122 (-24.0%), from €83,748 to €63,625
- Trade debts +€11,158
up €11,158 (+53.3%), from €20,950 to €32,108
- Advances received -€7,299
down €7,299 (-100%), from €7,299 to €0
- Tax, wage and social debts -€3,985
down €3,985 (-53.8%), from €7,415 to €3,429
of which Remuneration and social security: -€7,104
- Gross operating margin +€91,055
up €91,055 (+109%), from €83,209 to €174,264
- Staff costs +€19,945
up €19,945 (+27.3%), from €73,094 to €93,039
- Taxes +€5,119
up €5,119 (+1,649%), from €310 to €5,429
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 | €236,905 | €255,713 | +€18,808 | +7.9% |
| Fixed assets | 21/28 | €80,833 | €57,535 | -€23,298 | -28.8% |
| Tangible fixed assets | 22/27 | €80,833 | €57,535 | -€23,298 | -28.8% |
| Land and buildings | 22 | €500 | €0 | -€500 | -100% |
| Plant, machinery and equipment | 23 | €80,333 | €57,535 | -€22,798 | -28.4% |
| Current assets | 29/58 | €156,072 | €198,179 | +€42,106 | +27.0% |
| Amounts receivable after more than one year | 29 | €30,000 | €30,000 | = | 0.0% |
| Other amounts receivable | 291 | €30,000 | €30,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €73,340 | €103,757 | +€30,417 | +41.5% |
| Stocks | 30/36 | €10,320 | €24,450 | +€14,130 | +137% |
| Contracts in progress | 37 | €63,020 | €79,307 | +€16,287 | +25.8% |
| Amounts receivable within one year | 40/41 | €10,079 | €20,702 | +€10,623 | +105% |
| Trade receivables | 40 | €3,477 | €16,351 | +€12,874 | +370% |
| Other amounts receivable | 41 | €6,602 | €4,351 | -€2,251 | -34.1% |
| Cash at bank and in hand | 54/58 | €42,652 | €43,719 | +€1,067 | +2.5% |
| Total equity and liabilities | 10/49 | €236,905 | €255,713 | +€18,808 | +7.9% |
| Equity | 10/15 | €96,444 | €136,429 | +€39,985 | +41.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €84,044 | €124,029 | +€39,985 | +47.6% |
| 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 | €82,184 | €122,169 | +€39,985 | +48.7% |
| Amounts payable | 17/49 | €140,461 | €119,285 | -€21,177 | -15.1% |
| Amounts payable after more than one year | 17 | €83,748 | €63,625 | -€20,122 | -24.0% |
| Financial debts | 170/4 | €83,748 | €63,625 | -€20,122 | -24.0% |
| Amounts payable within one year | 42/48 | €56,714 | €55,660 | -€1,054 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €19,603 | €20,122 | +€520 | +2.7% |
| Trade debts | 44 | €20,950 | €32,108 | +€11,158 | +53.3% |
| Suppliers | 440/4 | €20,950 | €32,108 | +€11,158 | +53.3% |
| Advances received on contracts in progress | 46 | €7,299 | €0 | -€7,299 | -100% |
| Taxes, remuneration and social security | 45 | €7,415 | €3,429 | -€3,985 | -53.8% |
| Taxes | 450/3 | €310 | €3,429 | +€3,119 | +1,005% |
| Remuneration and social security | 454/9 | €7,104 | €0 | -€7,104 | -100% |
| Other amounts payable | 47/48 | €1,447 | €0 | -€1,447 | -100% |
| Remuneration, social security and pensions | 62 | €73,094 | €93,039 | +€19,945 | +27.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,710 | €28,837 | +€127 | +0.4% |
| Other operating charges | 640/8 | €2,396 | €2,329 | -€67 | -2.8% |
| Gross operating margin | 9900 | €83,209 | €174,264 | +€91,055 | +109% |
| Operating profit (loss) | 9901 | -€20,990 | €50,059 | +€71,049 | |
| Financial income | 75/76B | €313 | €1,015 | +€702 | +225% |
| Recurring financial income | 75 | €313 | €1,015 | +€702 | +225% |
| Financial charges | 65/66B | €6,103 | €5,659 | -€444 | -7.3% |
| Recurring financial charges | 65 | €6,103 | €5,659 | -€444 | -7.3% |
| Profit (loss) for the period before taxes | 9903 | -€26,781 | €45,414 | +€72,195 | |
| Income taxes | 67/77 | €310 | €5,429 | +€5,119 | +1,649% |
| Profit (loss) for the period | 9904 | -€27,091 | €39,985 | +€67,076 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,091 | €39,985 | +€67,076 |
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 29 October 2026 via checked.be.