VAN RIET J.P.: 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 RIET J.P.
Largest movements
- Tangible fixed assets -€12,025
down €12,025 (-54.9%), from €21,898 to €9,873
of which Land and buildings: -€9,000
- Receivables within one year +€10,300
up €10,300 (+10.0%), from €103,241 to €113,541
of which Trade receivables: +€11,244
- Cash -€3,417
down €3,417 (-94.5%), from €3,615 to €198
mainly Current portion of long-term debt (-€10,900) and Receivables within one year (-€10,300)
- Current portion of long-term debt -€10,900
down €10,900 (-89.6%), from €12,170 to €1,270
- Reserves +€3,830
up €3,830 (+5.9%), from €64,516 to €68,346
of which Distributable reserves: +€3,830
- Trade debts +€3,501
up €3,501 (+8.6%), from €40,747 to €44,248
- Tax, wage and social debts +€1,843
up €1,843 (+1,726%), from €107 to €1,949
- Short-term financial debts -€1,809
down €1,809 (-49.4%), from €3,662 to €1,853
- Gross operating margin +€3,632
up €3,632 (+26.3%), from €13,806 to €17,439
- Other operating charges +€1,649
up €1,649 (+98.5%), from €1,673 to €3,322
- Depreciation +€1,521
up €1,521 (+14.5%), from €10,504 to €12,025
- Financial income -€1,199
down €1,199 (-18.4%), from €6,525 to €5,326
- Financial charges -€909
down €909 (-22.1%), from €4,114 to €3,205
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 | €129,005 | €123,864 | -€5,141 | -4.0% |
| Fixed assets | 21/28 | €22,150 | €10,125 | -€12,025 | -54.3% |
| Tangible fixed assets | 22/27 | €21,898 | €9,873 | -€12,025 | -54.9% |
| Land and buildings | 22 | €9,000 | €0 | -€9,000 | -100% |
| Plant, machinery and equipment | 23 | €2,165 | €1,443 | -€722 | -33.3% |
| Furniture and vehicles | 24 | €10,733 | €8,430 | -€2,303 | -21.5% |
| Financial fixed assets | 28 | €252 | €252 | = | 0.0% |
| Current assets | 29/58 | €106,856 | €113,739 | +€6,883 | +6.4% |
| Amounts receivable within one year | 40/41 | €103,241 | €113,541 | +€10,300 | +10.0% |
| Trade receivables | 40 | €4,150 | €15,394 | +€11,244 | +271% |
| Other amounts receivable | 41 | €99,091 | €98,147 | -€943 | -1.0% |
| Cash at bank and in hand | 54/58 | €3,615 | €198 | -€3,417 | -94.5% |
| Total equity and liabilities | 10/49 | €129,005 | €123,864 | -€5,141 | -4.0% |
| Equity | 10/15 | €70,713 | €74,543 | +€3,830 | +5.4% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €64,516 | €68,346 | +€3,830 | +5.9% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €62,657 | €66,487 | +€3,830 | +6.1% |
| Amounts payable | 17/49 | €58,292 | €49,321 | -€8,971 | -15.4% |
| Amounts payable after more than one year | 17 | €1,606 | - | -€1,606 | |
| Financial debts | 170/4 | €1,606 | - | -€1,606 | |
| Amounts payable within one year | 42/48 | €56,686 | €49,321 | -€7,365 | -13.0% |
| Current portion of amounts payable after more than one year | 42 | €12,170 | €1,270 | -€10,900 | -89.6% |
| Financial debts | 43 | €3,662 | €1,853 | -€1,809 | -49.4% |
| Credit institutions | 430/8 | €3,662 | €1,853 | -€1,809 | -49.4% |
| Trade debts | 44 | €40,747 | €44,248 | +€3,501 | +8.6% |
| Suppliers | 440/4 | €40,747 | €44,248 | +€3,501 | +8.6% |
| Taxes, remuneration and social security | 45 | €107 | €1,949 | +€1,843 | +1,726% |
| Taxes | 450/3 | €107 | €1,949 | +€1,843 | +1,726% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,504 | €12,025 | +€1,521 | +14.5% |
| Other operating charges | 640/8 | €1,673 | €3,322 | +€1,649 | +98.5% |
| Gross operating margin | 9900 | €13,806 | €17,439 | +€3,632 | +26.3% |
| Operating profit (loss) | 9901 | €1,629 | €2,092 | +€463 | +28.4% |
| Financial income | 75/76B | €6,525 | €5,326 | -€1,199 | -18.4% |
| Recurring financial income | 75 | €6,525 | €5,326 | -€1,199 | -18.4% |
| Financial charges | 65/66B | €4,114 | €3,205 | -€909 | -22.1% |
| Recurring financial charges | 65 | €4,114 | €3,205 | -€909 | -22.1% |
| Profit (loss) for the period before taxes | 9903 | €4,040 | €4,213 | +€173 | +4.3% |
| Income taxes | 67/77 | €367 | €383 | +€16 | +4.3% |
| Profit (loss) for the period | 9904 | €3,673 | €3,830 | +€157 | +4.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,673 | €3,830 | +€157 | +4.3% |
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 26 October 2026 via checked.be.