Van Opdenbosch Ester: 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 Opdenbosch Ester
Largest movements
- Tangible fixed assets +€25,723
up €25,723 (+646%), from €3,981 to €29,704
of which Furniture and vehicles: +€23,504
- Receivables within one year +€1,219
up €1,219 (+36.8%), from €3,311 to €4,530
of which Other amounts receivable: +€3,310
- Cash -€647
down €647 (-7.9%), from €8,224 to €7,577
mainly Investment in fixed assets (net) (-€28,626) and Tax, wage and social debts (-€1,792)
- Debts after one year +€12,303
new in 2025: €12,303
- Trade debts +€9,302
new in 2025: €9,302
- Current portion of long-term debt +€4,300
new in 2025: €4,300
- Tax, wage and social debts -€1,792
down €1,792 (-57.2%), from €3,133 to €1,341
of which Taxes: -€2,070
- Reserves +€1,630
up €1,630 (+68.7%), from €2,371 to €4,001
- Depreciation +€1,975
up €1,975 (+213%), from €928 to €2,902
- Financial charges +€945
up €945 (+1,269%), from €74 to €1,019
- Gross operating margin +€491
up €491 (+6.9%), from €7,155 to €7,646
- Other operating charges -€485
down €485 (-32.0%), from €1,517 to €1,032
- Taxes -€154
down €154 (-12.6%), from €1,217 to €1,063
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 | €15,916 | €42,211 | +€26,295 | +165% |
| Fixed assets | 21/28 | €3,981 | €29,704 | +€25,723 | +646% |
| Tangible fixed assets | 22/27 | €3,981 | €29,704 | +€25,723 | +646% |
| Furniture and vehicles | 24 | €2,951 | €26,455 | +€23,504 | +796% |
| Other tangible fixed assets | 26 | €1,030 | €3,249 | +€2,220 | +216% |
| Current assets | 29/58 | €11,935 | €12,506 | +€572 | +4.8% |
| Amounts receivable within one year | 40/41 | €3,311 | €4,530 | +€1,219 | +36.8% |
| Trade receivables | 40 | €2,427 | €336 | -€2,092 | -86.2% |
| Other amounts receivable | 41 | €884 | €4,194 | +€3,310 | +375% |
| Cash at bank and in hand | 54/58 | €8,224 | €7,577 | -€647 | -7.9% |
| Deferred charges and accrued income | 490/1 | €400 | €400 | = | 0.0% |
| Total equity and liabilities | 10/49 | €15,916 | €42,211 | +€26,295 | +165% |
| Equity | 10/15 | €4,371 | €6,001 | +€1,630 | +37.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €2,371 | €4,001 | +€1,630 | +68.7% |
| Distributable reserves | 133 | €2,371 | €4,001 | +€1,630 | +68.7% |
| Amounts payable | 17/49 | €11,545 | €36,209 | +€24,665 | +214% |
| Amounts payable after more than one year | 17 | - | €12,303 | +€12,303 | |
| Financial debts | 170/4 | - | €12,303 | +€12,303 | |
| Amounts payable within one year | 42/48 | €11,545 | €23,906 | +€12,361 | +107% |
| Current portion of amounts payable after more than one year | 42 | - | €4,300 | +€4,300 | |
| Trade debts | 44 | - | €9,302 | +€9,302 | |
| Suppliers | 440/4 | - | €9,302 | +€9,302 | |
| Taxes, remuneration and social security | 45 | €3,133 | €1,341 | -€1,792 | -57.2% |
| Taxes | 450/3 | €3,133 | €1,063 | -€2,070 | -66.1% |
| Remuneration and social security | 454/9 | - | €278 | +€278 | |
| Other amounts payable | 47/48 | €8,411 | €8,963 | +€552 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €928 | €2,902 | +€1,975 | +213% |
| Other operating charges | 640/8 | €1,517 | €1,032 | -€485 | -32.0% |
| Gross operating margin | 9900 | €7,155 | €7,646 | +€491 | +6.9% |
| Operating profit (loss) | 9901 | €4,711 | €3,712 | -€999 | -21.2% |
| Financial income | 75/76B | €0 | €1 | +€0 | +4,900% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +4,900% |
| Financial charges | 65/66B | €74 | €1,019 | +€945 | +1,269% |
| Recurring financial charges | 65 | €74 | €1,019 | +€945 | +1,269% |
| Profit (loss) for the period before taxes | 9903 | €4,637 | €2,693 | -€1,943 | -41.9% |
| Income taxes | 67/77 | €1,217 | €1,063 | -€154 | -12.6% |
| Profit (loss) for the period | 9904 | €3,420 | €1,630 | -€1,790 | -52.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,420 | €1,630 | -€1,790 | -52.3% |
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 19 October 2026 via checked.be.