VAN TRAPPEN JO: 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 TRAPPEN JO
Largest movements
- Cash -€63,933
down €63,933 (-66.3%), from €96,395 to €32,462
mainly Investment in fixed assets (net) (-€43,034) and Net result for the year (-€35,283)
- Receivables within one year +€17,205
up €17,205 (+18.1%), from €94,937 to €112,142
of which Other amounts receivable: +€9,271
- Reserves -€35,283
down €35,283 (-29.5%), from €119,658 to €84,374
- Debts after one year -€28,225
down €28,225 (-13.1%), from €215,934 to €187,709
- Tax, wage and social debts +€26,446
up €26,446 (+50.6%), from €52,312 to €78,757
of which Taxes: +€14,692
- Short-term financial debts +€8,022
up €8,022 (+35.8%), from €22,431 to €30,453
- Current portion of long-term debt -€7,622
down €7,622 (-13.3%), from €57,386 to €49,764
- Gross operating margin -€94,466
down €94,466 (-14.8%), from €636,781 to €542,314
- Depreciation -€20,195
down €20,195 (-33.1%), from €61,048 to €40,853
- Taxes -€16,098
down €16,098 (-91.4%), from €17,612 to €1,514
- Staff costs +€9,901
up €9,901 (+2.0%), from €506,469 to €516,371
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 | €561,249 | €514,899 | -€46,350 | -8.3% |
| Fixed assets | 21/28 | €357,615 | €359,796 | +€2,181 | +0.6% |
| Intangible fixed assets | 21 | €2,127 | €1,182 | -€945 | -44.4% |
| Tangible fixed assets | 22/27 | €355,488 | €358,613 | +€3,126 | +0.9% |
| Land and buildings | 22 | €257,533 | €295,461 | +€37,928 | +14.7% |
| Plant, machinery and equipment | 23 | €1,084 | €939 | -€145 | -13.4% |
| Furniture and vehicles | 24 | €5,299 | €7,212 | +€1,913 | +36.1% |
| Leasing and similar rights | 25 | €91,572 | €55,002 | -€36,570 | -39.9% |
| Current assets | 29/58 | €203,634 | €155,103 | -€48,531 | -23.8% |
| Amounts receivable within one year | 40/41 | €94,937 | €112,142 | +€17,205 | +18.1% |
| Trade receivables | 40 | €90,152 | €98,086 | +€7,935 | +8.8% |
| Other amounts receivable | 41 | €4,785 | €14,056 | +€9,271 | +194% |
| Cash at bank and in hand | 54/58 | €96,395 | €32,462 | -€63,933 | -66.3% |
| Deferred charges and accrued income | 490/1 | €12,301 | €10,498 | -€1,803 | -14.7% |
| Total equity and liabilities | 10/49 | €561,249 | €514,899 | -€46,350 | -8.3% |
| Equity | 10/15 | €147,497 | €112,214 | -€35,283 | -23.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €9,239 | €9,239 | = | 0.0% |
| Reserves | 13 | €119,658 | €84,374 | -€35,283 | -29.5% |
| Distributable reserves | 133 | €119,658 | €84,374 | -€35,283 | -29.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €413,752 | €402,685 | -€11,067 | -2.7% |
| Amounts payable after more than one year | 17 | €215,934 | €187,709 | -€28,225 | -13.1% |
| Financial debts | 170/4 | €215,934 | €187,709 | -€28,225 | -13.1% |
| Amounts payable within one year | 42/48 | €196,697 | €213,595 | +€16,898 | +8.6% |
| Current portion of amounts payable after more than one year | 42 | €57,386 | €49,764 | -€7,622 | -13.3% |
| Financial debts | 43 | €22,431 | €30,453 | +€8,022 | +35.8% |
| Credit institutions | 430/8 | €22,431 | €30,453 | +€8,022 | +35.8% |
| Trade debts | 44 | €54,218 | €48,534 | -€5,684 | -10.5% |
| Suppliers | 440/4 | €54,218 | €48,534 | -€5,684 | -10.5% |
| Taxes, remuneration and social security | 45 | €52,312 | €78,757 | +€26,446 | +50.6% |
| Taxes | 450/3 | €12,585 | €27,277 | +€14,692 | +117% |
| Remuneration and social security | 454/9 | €39,727 | €51,481 | +€11,754 | +29.6% |
| Other amounts payable | 47/48 | €10,350 | €6,086 | -€4,264 | -41.2% |
| Accrued charges and deferred income | 492/3 | €1,120 | €1,381 | +€261 | +23.3% |
| Non-recurring operating income | 76A | €19,922 | €43,062 | +€23,140 | +116% |
| Remuneration, social security and pensions | 62 | €506,469 | €516,371 | +€9,901 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,048 | €40,853 | -€20,195 | -33.1% |
| Other operating charges | 640/8 | €10,028 | €8,692 | -€1,336 | -13.3% |
| Non-recurring operating charges | 66A | €311 | €0 | -€311 | -100% |
| Gross operating margin | 9900 | €636,781 | €542,314 | -€94,466 | -14.8% |
| Operating profit (loss) | 9901 | €58,924 | -€23,602 | -€82,526 | |
| Financial income | 75/76B | €1 | €113 | +€112 | +14,801% |
| Recurring financial income | 75 | €1 | €113 | +€112 | +14,801% |
| Financial charges | 65/66B | €11,066 | €10,281 | -€785 | -7.1% |
| Recurring financial charges | 65 | €11,066 | €10,281 | -€785 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €47,859 | -€33,770 | -€81,629 | |
| Income taxes | 67/77 | €17,612 | €1,514 | -€16,098 | -91.4% |
| Profit (loss) for the period | 9904 | €30,248 | -€35,283 | -€65,531 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,248 | -€35,283 | -€65,531 |
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 23 October 2026 via checked.be.