Van Pelt Projects: what changed
Two fiscal 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 Pelt Projects
Largest movements
- Tangible fixed assets +€24,674
up €24,674 (+43.5%), from €56,695 to €81,369
of which Furniture and vehicles: +€28,859
- Receivables within one year +€5,363
up €5,363 (+76.0%), from €7,061 to €12,424
of which Other amounts receivable: +€3,802
- Cash +€2,440
up €2,440 (+129787.8%), from €2 to €2,442
mainly Other debts (+€92,437) and Depreciation (+€11,064)
- Other debts +€92,437
up €92,437 (+400.9%), from €23,057 to €115,494
- Profit (loss) carried forward -€39,837
down €39,837 (-70.6%), from -€56,434 to -€96,271
- Debts after one year -€13,631
down €13,631 (-18.7%), from €73,021 to €59,391
- Trade debts -€9,761
down €9,761 (-84.0%), from €11,627 to €1,866
- Current portion of long-term debt +€4,393
up €4,393 (+63.9%), from €6,879 to €11,272
- Gross operating margin -€25,931
down €25,931, from €6,197 to -€19,735
- Financial charges -€2,670
down €2,670 (-48.4%), from €5,520 to €2,850
- Depreciation -€1,752
down €1,752 (-13.7%), from €12,817 to €11,064
- Other operating charges +€1,059
up €1,059 (+162923.1%), from €1 to €1,060
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 | €63,758 | €96,758 | +€33,000 | +51.8% |
| Fixed assets | 21/28 | €56,695 | €81,369 | +€24,674 | +43.5% |
| Tangible fixed assets | 22/27 | €56,695 | €81,369 | +€24,674 | +43.5% |
| Plant, machinery and equipment | 23 | €42,797 | €38,613 | -€4,185 | -9.8% |
| Furniture and vehicles | 24 | €13,897 | €42,756 | +€28,859 | +207.7% |
| Current assets | 29/58 | €7,063 | €15,389 | +€8,326 | +117.9% |
| Amounts receivable within one year | 40/41 | €7,061 | €12,424 | +€5,363 | +76.0% |
| Trade receivables | 40 | €7,061 | €8,623 | +€1,561 | +22.1% |
| Other amounts receivable | 41 | - | €3,802 | +€3,802 | |
| Cash at bank and in hand | 54/58 | €2 | €2,442 | +€2,440 | +129787.8% |
| Deferred charges and accrued income | 490/1 | - | €523 | +€523 | |
| Total equity and liabilities | 10/49 | €63,758 | €96,758 | +€33,000 | +51.8% |
| Equity | 10/15 | -€53,434 | -€93,271 | -€39,837 | -74.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,434 | -€96,271 | -€39,837 | -70.6% |
| Amounts payable | 17/49 | €117,192 | €190,029 | +€72,838 | +62.2% |
| Amounts payable after more than one year | 17 | €73,021 | €59,391 | -€13,631 | -18.7% |
| Financial debts | 170/4 | €73,021 | €59,391 | -€13,631 | -18.7% |
| Amounts payable within one year | 42/48 | €44,171 | €130,157 | +€85,986 | +194.7% |
| Current portion of amounts payable after more than one year | 42 | €6,879 | €11,272 | +€4,393 | +63.9% |
| Trade debts | 44 | €11,627 | €1,866 | -€9,761 | -84.0% |
| Suppliers | 440/4 | €11,627 | €1,866 | -€9,761 | -84.0% |
| Advances received on contracts in progress | 46 | - | €1,472 | +€1,472 | |
| Taxes, remuneration and social security | 45 | €2,608 | €53 | -€2,555 | -98.0% |
| Taxes | 450/3 | €2,608 | €53 | -€2,555 | -98.0% |
| Other amounts payable | 47/48 | €23,057 | €115,494 | +€92,437 | +400.9% |
| Accrued charges and deferred income | 492/3 | - | €482 | +€482 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,817 | €11,064 | -€1,752 | -13.7% |
| Other operating charges | 640/8 | €1 | €1,060 | +€1,059 | +162923.1% |
| Non-recurring operating charges | 66A | - | €5,220 | +€5,220 | |
| Gross operating margin | 9900 | €6,197 | -€19,735 | -€25,931 | |
| Operating profit (loss) | 9901 | -€6,621 | -€37,078 | -€30,458 | -460.0% |
| Financial income | 75/76B | €8 | €143 | +€136 | +1720.7% |
| Recurring financial income | 75 | €8 | €143 | +€136 | +1720.7% |
| Financial charges | 65/66B | €5,520 | €2,850 | -€2,670 | -48.4% |
| Recurring financial charges | 65 | €5,520 | €2,850 | -€2,670 | -48.4% |
| Profit (loss) for the period before taxes | 9903 | -€12,132 | -€39,785 | -€27,652 | -227.9% |
| Income taxes | 67/77 | - | €53 | +€53 | |
| Profit (loss) for the period | 9904 | -€12,132 | -€39,837 | -€27,705 | -228.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,132 | -€39,837 | -€27,705 | -228.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.