VAN UYTVANGHE: 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 UYTVANGHE
Largest movements
- Cash +€311,289
up €311,289 (+24.6%), from €1.3m to €1.6m
mainly Net result for the year (+€464,325) and Receivables after one year (+€75,000)
- Receivables after one year -€75,000
down €75,000 (-50.0%), from €150,000 to €75,000
- Receivables within one year -€58,964
down €58,964 (-15.4%), from €384,029 to €325,065
of which Other amounts receivable: -€98,964
- Reserves +€244,000
up €244,000 (+11.6%), from €2.1m to €2.3m
- Debts after one year -€67,784
down €67,784 (-12.9%), from €526,742 to €458,958
- Short-term financial debts -€50,000
down €50,000 (-100%), from €50,000 to €0
- Tax, wage and social debts +€45,381
up €45,381 (+77.6%), from €58,493 to €103,874
- Gross operating margin -€90,662
down €90,662 (-11.5%), from €791,658 to €700,996
- Taxes -€30,630
down €30,630 (-13.3%), from €229,602 to €198,972
- Financial income -€17,704
down €17,704 (-46.1%), from €38,366 to €20,662
of which Financial income: -€17,704
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 | €3,069,919 | €3,219,746 | +€149,826 | +4.9% |
| Fixed assets | 21/28 | €1,270,948 | €1,243,450 | -€27,498 | -2.2% |
| Tangible fixed assets | 22/27 | €1,270,948 | €1,243,450 | -€27,498 | -2.2% |
| Land and buildings | 22 | €1,269,951 | €1,243,156 | -€26,795 | -2.1% |
| Furniture and vehicles | 24 | €997 | €294 | -€703 | -70.5% |
| Current assets | 29/58 | €1,798,971 | €1,976,295 | +€177,325 | +9.9% |
| Amounts receivable after more than one year | 29 | €150,000 | €75,000 | -€75,000 | -50.0% |
| Other amounts receivable | 291 | €150,000 | €75,000 | -€75,000 | -50.0% |
| Amounts receivable within one year | 40/41 | €384,029 | €325,065 | -€58,964 | -15.4% |
| Trade receivables | 40 | - | €40,000 | +€40,000 | |
| Other amounts receivable | 41 | €384,029 | €285,065 | -€98,964 | -25.8% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €1,264,941 | €1,576,230 | +€311,289 | +24.6% |
| Total equity and liabilities | 10/49 | €3,069,919 | €3,219,746 | +€149,826 | +4.9% |
| Equity | 10/15 | €2,118,062 | €2,362,386 | +€244,325 | +11.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €2,096,000 | €2,340,000 | +€244,000 | +11.6% |
| Distributable reserves | 133 | €2,096,000 | €2,340,000 | +€244,000 | +11.6% |
| Profit (loss) carried forward | 14 | €3,462 | €3,786 | +€325 | +9.4% |
| Amounts payable | 17/49 | €951,858 | €857,359 | -€94,498 | -9.9% |
| Amounts payable after more than one year | 17 | €526,742 | €458,958 | -€67,784 | -12.9% |
| Financial debts | 170/4 | €526,742 | €458,958 | -€67,784 | -12.9% |
| Amounts payable within one year | 42/48 | €425,115 | €398,401 | -€26,714 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €67,457 | €67,784 | +€328 | +0.5% |
| Financial debts | 43 | €50,000 | €0 | -€50,000 | -100% |
| Credit institutions | 430/8 | €50,000 | €0 | -€50,000 | -100% |
| Trade debts | 44 | €19,166 | €6,743 | -€12,423 | -64.8% |
| Suppliers | 440/4 | €19,166 | €6,743 | -€12,423 | -64.8% |
| Taxes, remuneration and social security | 45 | €58,493 | €103,874 | +€45,381 | +77.6% |
| Taxes | 450/3 | €58,493 | €103,874 | +€45,381 | +77.6% |
| Other amounts payable | 47/48 | €230,000 | €220,000 | -€10,000 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,197 | €44,205 | +€8 | 0.0% |
| Other operating charges | 640/8 | €3,210 | €3,397 | +€186 | +5.8% |
| Gross operating margin | 9900 | €791,658 | €700,996 | -€90,662 | -11.5% |
| Operating profit (loss) | 9901 | €744,251 | €653,394 | -€90,857 | -12.2% |
| Financial income | 75/76B | €38,366 | €20,662 | -€17,704 | -46.1% |
| Recurring financial income | 75 | €38,366 | €20,662 | -€17,704 | -46.1% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €13,274 | €10,759 | -€2,515 | -18.9% |
| Recurring financial charges | 65 | €13,274 | €10,759 | -€2,515 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | €769,343 | €663,297 | -€106,046 | -13.8% |
| Income taxes | 67/77 | €229,602 | €198,972 | -€30,630 | -13.3% |
| Profit (loss) for the period | 9904 | €539,741 | €464,325 | -€75,416 | -14.0% |
| Profit (loss) for the period to be appropriated | 9905 | €539,741 | €464,325 | -€75,416 | -14.0% |
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 19 October 2026 via checked.be.