VAN ' T ENCLAVEHOF: what changed
VAN ' T ENCLAVEHOF
Largest movements
- Cash +€348,283
up €348,283 (+3,526%), from €9,877 to €358,161
mainly Net result for the year (+€239,807) and Stocks and contracts (+€121,877)
- Stocks and contracts -€121,877
down €121,877 (-73.4%), from €165,966 to €44,089
- Receivables within one year +€16,929
up €16,929 (+127%), from €13,313 to €30,242
of which Other amounts receivable: +€22,205
- Tangible fixed assets +€9,440
up €9,440 (+7.6%), from €124,701 to €134,140
of which Plant, machinery and equipment: +€71,514
- Reserves +€149,721
up €149,721 (+8,050%), from €1,860 to €151,581
of which Distributable reserves: +€151,581
- Short-term financial debts -€100,000
down €100,000 (-100%), from €100,000 to €0
- Profit (loss) carried forward +€90,085
up €90,085, from -€90,085 to €0
- Tax, wage and social debts +€85,449
up €85,449 (+2,118%), from €4,035 to €89,484
of which Taxes: +€87,134
- Trade debts +€18,949
up €18,949 (+65.3%), from €28,997 to €47,945
- Gross operating margin +€444,787
up €444,787 (+2,878%), from €15,456 to €460,243
- Taxes +€93,736
new in 2025: €93,736
- Write-downs +€82,855
new in 2025: €82,855
- Depreciation -€15,482
down €15,482 (-52.2%), from €29,638 to €14,155
- Staff costs -€8,234
down €8,234 (-37.2%), from €22,132 to €13,898
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 | €313,857 | €566,631 | +€252,775 | +80.5% |
| Fixed assets | 21/28 | €124,701 | €134,140 | +€9,440 | +7.6% |
| Tangible fixed assets | 22/27 | €124,701 | €134,140 | +€9,440 | +7.6% |
| Land and buildings | 22 | €108,415 | €0 | -€108,415 | -100% |
| Plant, machinery and equipment | 23 | €15,696 | €87,210 | +€71,514 | +456% |
| Furniture and vehicles | 24 | - | €46,488 | +€46,488 | |
| Other tangible fixed assets | 26 | €590 | €443 | -€148 | -25.0% |
| Current assets | 29/58 | €189,156 | €432,491 | +€243,335 | +129% |
| Stocks and contracts in progress | 3 | €165,966 | €44,089 | -€121,877 | -73.4% |
| Stocks | 30/36 | €165,966 | €44,089 | -€121,877 | -73.4% |
| Amounts receivable within one year | 40/41 | €13,313 | €30,242 | +€16,929 | +127% |
| Trade receivables | 40 | €13,206 | €7,930 | -€5,276 | -40.0% |
| Other amounts receivable | 41 | €106 | €22,312 | +€22,205 | +20,893% |
| Cash at bank and in hand | 54/58 | €9,877 | €358,161 | +€348,283 | +3,526% |
| Total equity and liabilities | 10/49 | €313,857 | €566,631 | +€252,775 | +80.5% |
| Equity | 10/15 | -€7,975 | €231,831 | +€239,807 | |
| Contributions | 10/11 | €80,250 | €80,250 | = | 0.0% |
| Reserves | 13 | €1,860 | €151,581 | +€149,721 | +8,050% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Tax-exempt reserves | 132 | €0 | - | = | |
| Distributable reserves | 133 | - | €151,581 | +€151,581 | |
| Profit (loss) carried forward | 14 | -€90,085 | €0 | +€90,085 | |
| Amounts payable | 17/49 | €321,832 | €334,800 | +€12,968 | +4.0% |
| Amounts payable within one year | 42/48 | €321,832 | €334,800 | +€12,968 | +4.0% |
| Financial debts | 43 | €100,000 | €0 | -€100,000 | -100% |
| Credit institutions | 430/8 | €100,000 | €0 | -€100,000 | -100% |
| Trade debts | 44 | €28,997 | €47,945 | +€18,949 | +65.3% |
| Suppliers | 440/4 | €28,997 | €47,945 | +€18,949 | +65.3% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €4,035 | €89,484 | +€85,449 | +2,118% |
| Taxes | 450/3 | €745 | €87,879 | +€87,134 | +11,693% |
| Remuneration and social security | 454/9 | €3,289 | €1,605 | -€1,685 | -51.2% |
| Other amounts payable | 47/48 | €188,801 | €197,371 | +€8,570 | +4.5% |
| Non-recurring operating income | 76A | - | €536,001 | +€536,001 | |
| Remuneration, social security and pensions | 62 | €22,132 | €13,898 | -€8,234 | -37.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,638 | €14,155 | -€15,482 | -52.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €82,855 | +€82,855 | |
| Other operating charges | 640/8 | €8,857 | €8,010 | -€847 | -9.6% |
| Gross operating margin | 9900 | €15,456 | €460,243 | +€444,787 | +2,878% |
| Operating profit (loss) | 9901 | -€45,170 | €341,325 | +€386,495 | |
| Financial income | 75/76B | €29 | €207 | +€178 | +606% |
| Recurring financial income | 75 | €29 | €207 | +€178 | +606% |
| Financial charges | 65/66B | €9,959 | €7,990 | -€1,969 | -19.8% |
| Recurring financial charges | 65 | €9,959 | €7,990 | -€1,969 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | -€55,100 | €333,542 | +€388,642 | |
| Income taxes | 67/77 | - | €93,736 | +€93,736 | |
| Profit (loss) for the period | 9904 | -€55,100 | €239,807 | +€294,906 | |
| Transfer from tax-exempt reserves | 789 | €44,500 | €0 | -€44,500 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,600 | €239,807 | +€250,406 |
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.