VAN OVERSCHELDE: 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 OVERSCHELDE
Largest movements
- Receivables after one year -€3.5m
down €3.5m (-83.3%), from €4.2m to €700,000
- Tangible fixed assets -€645,697
down €645,697 (-74.1%), from €871,344 to €225,647
- Receivables within one year -€172,895
no longer reported in 2025 (was €172,895)
- Profit (loss) carried forward -€4.0m
down €4.0m (-96.1%), from €4.1m to €161,410
- Other debts -€314,250
down €314,250 (-84.7%), from €371,106 to €56,856
- Contributions -€80,519
down €80,519 (-13.4%), from €600,000 to €519,481
- Gross operating margin -€4.5m
down €4.5m, from €4.5m to -€2,871
- Taxes -€1.1m
down €1.1m (-97.7%), from €1.1m to €25,971
- Financial income -€115,118
down €115,118 (-39.7%), from €289,978 to €174,860
- Other operating charges -€47,244
down €47,244 (-49.1%), from €96,291 to €49,047
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,313,360 | €946,224 | -€4.4m | -82.2% |
| Fixed assets | 21/28 | €871,344 | €225,647 | -€645,697 | -74.1% |
| Tangible fixed assets | 22/27 | €871,344 | €225,647 | -€645,697 | -74.1% |
| Land and buildings | 22 | €871,344 | €225,647 | -€645,697 | -74.1% |
| Current assets | 29/58 | €4,442,016 | €720,577 | -€3.7m | -83.8% |
| Amounts receivable after more than one year | 29 | €4,200,000 | €700,000 | -€3.5m | -83.3% |
| Other amounts receivable | 291 | €4,200,000 | €700,000 | -€3.5m | -83.3% |
| Amounts receivable within one year | 40/41 | €172,895 | - | -€172,895 | |
| Other amounts receivable | 41 | €172,895 | - | -€172,895 | |
| Deferred charges and accrued income | 490/1 | €69,121 | €20,577 | -€48,544 | -70.2% |
| Total equity and liabilities | 10/49 | €5,313,360 | €946,224 | -€4.4m | -82.2% |
| Equity | 10/15 | €4,811,537 | €737,185 | -€4.1m | -84.7% |
| Contributions | 10/11 | €600,000 | €519,481 | -€80,519 | -13.4% |
| Capital | 10 | €600,000 | €519,481 | -€80,519 | -13.4% |
| Issued capital | 100 | €600,000 | €519,481 | -€80,519 | -13.4% |
| Reserves | 13 | €65,019 | €56,294 | -€8,725 | -13.4% |
| Non-distributable reserves | 130/1 | €63,718 | €55,168 | -€8,550 | -13.4% |
| Legal reserve | 130 | €60,000 | €51,949 | -€8,051 | -13.4% |
| Other | 1319 | €3,718 | €3,219 | -€499 | -13.4% |
| Distributable reserves | 133 | €1,301 | €1,126 | -€175 | -13.5% |
| Profit (loss) carried forward | 14 | €4,146,518 | €161,410 | -€4.0m | -96.1% |
| Amounts payable | 17/49 | €501,823 | €209,039 | -€292,784 | -58.3% |
| Amounts payable within one year | 42/48 | €497,347 | €207,073 | -€290,274 | -58.4% |
| Trade debts | 44 | €3,963 | €1,967 | -€1,996 | -50.4% |
| Suppliers | 440/4 | €3,963 | €1,967 | -€1,996 | -50.4% |
| Taxes, remuneration and social security | 45 | €122,278 | €148,250 | +€25,972 | +21.2% |
| Taxes | 450/3 | €122,278 | €148,250 | +€25,972 | +21.2% |
| Other amounts payable | 47/48 | €371,106 | €56,856 | -€314,250 | -84.7% |
| Accrued charges and deferred income | 492/3 | €4,476 | €1,966 | -€2,510 | -56.1% |
| Non-recurring operating income | 76A | €3,845,253 | - | -€3.8m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,425 | - | -€8,425 | |
| Other operating charges | 640/8 | €96,291 | €49,047 | -€47,244 | -49.1% |
| Non-recurring operating charges | 66A | €5,019 | €25,149 | +€20,130 | +401% |
| Gross operating margin | 9900 | €4,509,392 | -€2,871 | -€4.5m | |
| Operating profit (loss) | 9901 | €4,399,657 | -€77,067 | -€4.5m | |
| Financial income | 75/76B | €289,978 | €174,860 | -€115,118 | -39.7% |
| Recurring financial income | 75 | €289,978 | €174,860 | -€115,118 | -39.7% |
| Financial charges | 65/66B | €522 | €476 | -€46 | -8.8% |
| Recurring financial charges | 65 | €522 | €476 | -€46 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €4,689,113 | €97,317 | -€4.6m | -97.9% |
| Income taxes | 67/77 | €1,122,515 | €25,971 | -€1.1m | -97.7% |
| Profit (loss) for the period | 9904 | €3,566,598 | €71,346 | -€3.5m | -98.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,566,598 | €71,346 | -€3.5m | -98.0% |
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 13 October 2026 via checked.be.