VAN MECHELEN: 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 MECHELEN
Largest movements
- Cash +€20,265
up €20,265 (+118.5%), from €17,107 to €37,372
mainly Net result for the year (+€48,311) and Depreciation (+€16,283)
- Tangible fixed assets +€19,132
up €19,132 (+54.2%), from €35,296 to €54,428
of which Plant, machinery and equipment: +€13,574
- Receivables within one year +€6,634
up €6,634 (+23.2%), from €28,544 to €35,178
of which Trade receivables: +€5,189
- Profit (loss) carried forward +€47,478
new in 2025: €47,478
- Other debts -€11,319
down €11,319 (-35.1%), from €32,269 to €20,950
- Tax, wage and social debts +€6,337
up €6,337 (+58.0%), from €10,919 to €17,256
- Trade debts +€3,069
up €3,069 (+1747.4%), from €176 to €3,245
- Gross operating margin +€11,999
up €11,999 (+17.8%), from €67,491 to €79,490
- Depreciation +€7,543
up €7,543 (+86.3%), from €8,740 to €16,283
- Taxes +€3,505
up €3,505 (+35.5%), from €9,875 to €13,381
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €82,562 | €128,127 | +€45,565 | +55.2% |
| Fixed assets | 21/28 | €35,297 | €54,429 | +€19,131 | +54.2% |
| Intangible fixed assets | 21 | €1 | €1 | -€0 | -23.5% |
| Tangible fixed assets | 22/27 | €35,296 | €54,428 | +€19,132 | +54.2% |
| Land and buildings | 22 | €2,864 | €13,829 | +€10,966 | +382.9% |
| Plant, machinery and equipment | 23 | €4,868 | €18,441 | +€13,574 | +278.9% |
| Furniture and vehicles | 24 | €27,565 | €22,157 | -€5,408 | -19.6% |
| Current assets | 29/58 | €47,264 | €73,698 | +€26,434 | +55.9% |
| Amounts receivable within one year | 40/41 | €28,544 | €35,178 | +€6,634 | +23.2% |
| Trade receivables | 40 | €28,544 | €33,732 | +€5,189 | +18.2% |
| Other amounts receivable | 41 | - | €1,445 | +€1,445 | |
| Cash at bank and in hand | 54/58 | €17,107 | €37,372 | +€20,265 | +118.5% |
| Deferred charges and accrued income | 490/1 | €1,614 | €1,149 | -€465 | -28.8% |
| Total equity and liabilities | 10/49 | €82,562 | €128,127 | +€45,565 | +55.2% |
| Equity | 10/15 | €39,198 | €86,676 | +€47,478 | +121.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €37,198 | €37,198 | = | 0.0% |
| Distributable reserves | 133 | €37,198 | €37,198 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €47,478 | +€47,478 | |
| Amounts payable | 17/49 | €43,364 | €41,451 | -€1,913 | -4.4% |
| Amounts payable within one year | 42/48 | €43,364 | €41,451 | -€1,913 | -4.4% |
| Trade debts | 44 | €176 | €3,245 | +€3,069 | +1747.4% |
| Suppliers | 440/4 | €176 | €3,245 | +€3,069 | +1747.4% |
| Taxes, remuneration and social security | 45 | €10,919 | €17,256 | +€6,337 | +58.0% |
| Taxes | 450/3 | €10,919 | €17,256 | +€6,337 | +58.0% |
| Other amounts payable | 47/48 | €32,269 | €20,950 | -€11,319 | -35.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,740 | €16,283 | +€7,543 | +86.3% |
| Other operating charges | 640/8 | €745 | €1,423 | +€679 | +91.1% |
| Gross operating margin | 9900 | €67,491 | €79,490 | +€11,999 | +17.8% |
| Operating profit (loss) | 9901 | €58,007 | €61,784 | +€3,777 | +6.5% |
| Financial income | 75/76B | €60 | - | -€60 | |
| Recurring financial income | 75 | €60 | - | -€60 | |
| Financial charges | 65/66B | €135 | €92 | -€43 | -31.8% |
| Recurring financial charges | 65 | €135 | €92 | -€43 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | €57,932 | €61,692 | +€3,760 | +6.5% |
| Income taxes | 67/77 | €9,875 | €13,381 | +€3,505 | +35.5% |
| Profit (loss) for the period | 9904 | €48,057 | €48,311 | +€254 | +0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €48,057 | €48,311 | +€254 | +0.5% |
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 10 October 2026 via checked.be.