VAN PRAET JAN: what changed
VAN PRAET JAN
Largest movements
- Tangible fixed assets +€102,834
up €102,834 (+54.3%), from €189,305 to €292,139
of which Land and buildings: +€107,355
- Cash -€54,994
down €54,994 (-37.4%), from €146,898 to €91,904
mainly Investment in fixed assets (net) (-€112,003) and Other debts (-€10,173)
- Receivables within one year -€24,268
down €24,268 (-27.6%), from €87,962 to €63,695
of which Other amounts receivable: -€31,899
- Reserves +€36,320
up €36,320 (+19.4%), from €187,410 to €223,730
- Current portion of long-term debt +€12,402
new in 2025: €12,402
- Other debts -€10,173
down €10,173 (-14.1%), from €72,336 to €62,163
- Debts after one year -€6,669
down €6,669 (-3.1%), from €215,016 to €208,347
- Accrued charges and deferred income -€6,288
down €6,288 (-100%), from €6,288 to €0
- Financial charges +€7,146
up €7,146 (+713%), from €1,002 to €8,148
- Financial income +€1,523
up €1,523 (+257%), from €592 to €2,114
- Taxes -€1,385
down €1,385 (-9.1%), from €15,272 to €13,887
- Depreciation +€1,062
up €1,062 (+13.1%), from €8,107 to €9,169
- Other operating charges +€796
up €796 (+74.9%), from €1,063 to €1,859
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 | €513,656 | €542,115 | +€28,459 | +5.5% |
| Fixed assets | 21/28 | €189,315 | €292,149 | +€102,834 | +54.3% |
| Tangible fixed assets | 22/27 | €189,305 | €292,139 | +€102,834 | +54.3% |
| Land and buildings | 22 | €181,086 | €288,442 | +€107,355 | +59.3% |
| Plant, machinery and equipment | 23 | €6,291 | €2,673 | -€3,617 | -57.5% |
| Furniture and vehicles | 24 | €1,928 | €1,024 | -€904 | -46.9% |
| Financial fixed assets | 28 | €10 | €10 | = | 0.0% |
| Current assets | 29/58 | €324,341 | €249,967 | -€74,375 | -22.9% |
| Amounts receivable within one year | 40/41 | €87,962 | €63,695 | -€24,268 | -27.6% |
| Trade receivables | 40 | €41,711 | €49,343 | +€7,632 | +18.3% |
| Other amounts receivable | 41 | €46,251 | €14,352 | -€31,899 | -69.0% |
| Current investments | 50/53 | €89,241 | €94,146 | +€4,905 | +5.5% |
| Cash at bank and in hand | 54/58 | €146,898 | €91,904 | -€54,994 | -37.4% |
| Deferred charges and accrued income | 490/1 | €241 | €222 | -€18 | -7.6% |
| Total equity and liabilities | 10/49 | €513,656 | €542,115 | +€28,459 | +5.5% |
| Equity | 10/15 | €210,079 | €246,400 | +€36,322 | +17.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €187,410 | €223,730 | +€36,320 | +19.4% |
| Distributable reserves | 133 | €187,410 | €223,730 | +€36,320 | +19.4% |
| Profit (loss) carried forward | 14 | €4,069 | €4,070 | +€2 | 0.0% |
| Amounts payable | 17/49 | €303,578 | €295,715 | -€7,863 | -2.6% |
| Amounts payable after more than one year | 17 | €215,016 | €208,347 | -€6,669 | -3.1% |
| Financial debts | 170/4 | €215,016 | €208,347 | -€6,669 | -3.1% |
| Amounts payable within one year | 42/48 | €82,274 | €87,368 | +€5,094 | +6.2% |
| Current portion of amounts payable after more than one year | 42 | - | €12,402 | +€12,402 | |
| Trade debts | 44 | €1,623 | €4,941 | +€3,318 | +204% |
| Suppliers | 440/4 | €1,623 | €4,941 | +€3,318 | +204% |
| Taxes, remuneration and social security | 45 | €8,315 | €7,862 | -€453 | -5.4% |
| Taxes | 450/3 | €8,315 | €7,862 | -€453 | -5.4% |
| Other amounts payable | 47/48 | €72,336 | €62,163 | -€10,173 | -14.1% |
| Accrued charges and deferred income | 492/3 | €6,288 | €0 | -€6,288 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,107 | €9,169 | +€1,062 | +13.1% |
| Other operating charges | 640/8 | €1,063 | €1,859 | +€796 | +74.9% |
| Gross operating margin | 9900 | €67,200 | €67,270 | +€71 | +0.1% |
| Operating profit (loss) | 9901 | €58,030 | €56,243 | -€1,787 | -3.1% |
| Financial income | 75/76B | €592 | €2,114 | +€1,523 | +257% |
| Recurring financial income | 75 | €592 | €2,114 | +€1,523 | +257% |
| Financial charges | 65/66B | €1,002 | €8,148 | +€7,146 | +713% |
| Recurring financial charges | 65 | €1,002 | €8,148 | +€7,146 | +713% |
| Profit (loss) for the period before taxes | 9903 | €57,619 | €50,209 | -€7,411 | -12.9% |
| Income taxes | 67/77 | €15,272 | €13,887 | -€1,385 | -9.1% |
| Profit (loss) for the period | 9904 | €42,347 | €36,322 | -€6,026 | -14.2% |
| Profit (loss) for the period to be appropriated | 9905 | €42,347 | €36,322 | -€6,026 | -14.2% |
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 1 November 2026 via checked.be.