Van Pee Tom: what changed
Van Pee Tom
Largest movements
- Tangible fixed assets -€29,831
down €29,831 (-22.7%), from €131,669 to €101,838
of which Plant, machinery and equipment: -€25,004
- Receivables within one year +€25,384
up €25,384 (+53.5%), from €47,462 to €72,846
of which Trade receivables: +€25,132
- Cash -€12,733
down €12,733 (-88.9%), from €14,330 to €1,597
mainly Other debts (-€62,031) and Receivables within one year (-€25,384)
- Other debts -€62,031
down €62,031 (-87.6%), from €70,811 to €8,780
- Current portion of long-term debt +€24,553
up €24,553 (+1,266%), from €1,940 to €26,493
- Debts after one year +€15,079
up €15,079 (+37.7%), from €40,000 to €55,079
- Reserves +€7,972
up €7,972 (+35.8%), from €22,290 to €30,263
- Trade debts -€2,753
down €2,753 (-6.0%), from €45,891 to €43,138
- Staff costs +€27,708
up €27,708 (+655%), from €4,230 to €31,938
- Depreciation -€7,110
down €7,110 (-16.4%), from €43,261 to €36,151
- Financial charges +€6,739
up €6,739 (+3,080%), from €219 to €6,958
- Gross operating margin +€6,729
up €6,729 (+8.1%), from €83,178 to €89,907
- Taxes -€4,175
down €4,175 (-55.5%), from €7,528 to €3,353
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €193,461 | €176,281 | -€17,180 | -8.9% |
| Fixed assets | 21/28 | €131,669 | €101,838 | -€29,831 | -22.7% |
| Tangible fixed assets | 22/27 | €131,669 | €101,838 | -€29,831 | -22.7% |
| Plant, machinery and equipment | 23 | €88,402 | €63,398 | -€25,004 | -28.3% |
| Furniture and vehicles | 24 | €43,267 | €38,440 | -€4,826 | -11.2% |
| Current assets | 29/58 | €61,792 | €74,443 | +€12,651 | +20.5% |
| Amounts receivable within one year | 40/41 | €47,462 | €72,846 | +€25,384 | +53.5% |
| Trade receivables | 40 | €39,414 | €64,545 | +€25,132 | +63.8% |
| Other amounts receivable | 41 | €8,048 | €8,300 | +€252 | +3.1% |
| Cash at bank and in hand | 54/58 | €14,330 | €1,597 | -€12,733 | -88.9% |
| Total equity and liabilities | 10/49 | €193,461 | €176,281 | -€17,180 | -8.9% |
| Equity | 10/15 | €27,290 | €35,263 | +€7,972 | +29.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €22,290 | €30,263 | +€7,972 | +35.8% |
| Distributable reserves | 133 | €22,290 | €30,263 | +€7,972 | +35.8% |
| Amounts payable | 17/49 | €166,171 | €141,018 | -€25,152 | -15.1% |
| Amounts payable after more than one year | 17 | €40,000 | €55,079 | +€15,079 | +37.7% |
| Financial debts | 170/4 | €40,000 | €55,079 | +€15,079 | +37.7% |
| Amounts payable within one year | 42/48 | €126,171 | €85,940 | -€40,231 | -31.9% |
| Current portion of amounts payable after more than one year | 42 | €1,940 | €26,493 | +€24,553 | +1,266% |
| Trade debts | 44 | €45,891 | €43,138 | -€2,753 | -6.0% |
| Suppliers | 440/4 | €45,891 | €43,138 | -€2,753 | -6.0% |
| Taxes, remuneration and social security | 45 | €7,528 | €7,528 | = | 0.0% |
| Taxes | 450/3 | €7,528 | €7,528 | = | 0.0% |
| Other amounts payable | 47/48 | €70,811 | €8,780 | -€62,031 | -87.6% |
| Remuneration, social security and pensions | 62 | €4,230 | €31,938 | +€27,708 | +655% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,261 | €36,151 | -€7,110 | -16.4% |
| Other operating charges | 640/8 | €5,651 | €1,749 | -€3,903 | -69.1% |
| Non-recurring operating charges | 66A | - | €1,787 | +€1,787 | |
| Gross operating margin | 9900 | €83,178 | €89,907 | +€6,729 | +8.1% |
| Operating profit (loss) | 9901 | €30,037 | €18,283 | -€11,753 | -39.1% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €219 | €6,958 | +€6,739 | +3,080% |
| Recurring financial charges | 65 | €219 | €6,958 | +€6,739 | +3,080% |
| Profit (loss) for the period before taxes | 9903 | €29,818 | €11,326 | -€18,493 | -62.0% |
| Income taxes | 67/77 | €7,528 | €3,353 | -€4,175 | -55.5% |
| Profit (loss) for the period | 9904 | €22,290 | €7,972 | -€14,318 | -64.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,290 | €7,972 | -€14,318 | -64.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.