Van Verdegem - Dockers: 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 Verdegem - Dockers
Largest movements
- Receivables within one year -€35,545
down €35,545 (-74.7%), from €47,600 to €12,056
of which Trade receivables: -€36,425
- Tangible fixed assets -€27,444
down €27,444 (-27.1%), from €101,361 to €73,917
of which Furniture and vehicles: -€25,661
- Intangible fixed assets -€2,000
down €2,000 (-11.4%), from €17,490 to €15,490
- Trade debts -€35,359
down €35,359 (-93.3%), from €37,904 to €2,545
- Debts after one year -€23,229
down €23,229 (-32.9%), from €70,670 to €47,441
- Tax, wage and social debts -€10,701
down €10,701 (-75.3%), from €14,212 to €3,511
- Short-term financial debts +€6,944
new in 2025: €6,944
- Other debts -€4,384
down €4,384 (-100%), from €4,384 to €0
- Gross operating margin +€12,339
up €12,339 (+49.8%), from €24,764 to €37,103
- Other operating charges -€5,203
down €5,203 (-63.2%), from €8,228 to €3,026
- Depreciation +€2,979
up €2,979 (+11.3%), from €26,466 to €29,444
- Taxes +€508
up €508, from €0 to €508
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 | €167,514 | €101,863 | -€65,651 | -39.2% |
| Fixed assets | 21/28 | €118,852 | €89,407 | -€29,444 | -24.8% |
| Intangible fixed assets | 21 | €17,490 | €15,490 | -€2,000 | -11.4% |
| Tangible fixed assets | 22/27 | €101,361 | €73,917 | -€27,444 | -27.1% |
| Plant, machinery and equipment | 23 | €1,205 | €341 | -€864 | -71.7% |
| Furniture and vehicles | 24 | €97,423 | €71,762 | -€25,661 | -26.3% |
| Other tangible fixed assets | 26 | €2,734 | €1,814 | -€920 | -33.6% |
| Current assets | 29/58 | €48,662 | €12,456 | -€36,206 | -74.4% |
| Amounts receivable within one year | 40/41 | €47,600 | €12,056 | -€35,545 | -74.7% |
| Trade receivables | 40 | €47,499 | €11,075 | -€36,425 | -76.7% |
| Other amounts receivable | 41 | €101 | €981 | +€880 | +871% |
| Cash at bank and in hand | 54/58 | €1,061 | €400 | -€661 | -62.3% |
| Total equity and liabilities | 10/49 | €167,514 | €101,863 | -€65,651 | -39.2% |
| Equity | 10/15 | €18,008 | €18,193 | +€186 | +1.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €30,118 | €30,118 | = | 0.0% |
| Distributable reserves | 133 | €30,118 | €30,118 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,110 | -€13,925 | +€186 | +1.3% |
| Amounts payable | 17/49 | €149,506 | €83,670 | -€65,836 | -44.0% |
| Amounts payable after more than one year | 17 | €70,670 | €47,441 | -€23,229 | -32.9% |
| Financial debts | 170/4 | €70,670 | €47,441 | -€23,229 | -32.9% |
| Amounts payable within one year | 42/48 | €78,836 | €36,229 | -€42,608 | -54.0% |
| Current portion of amounts payable after more than one year | 42 | €22,337 | €23,229 | +€892 | +4.0% |
| Financial debts | 43 | - | €6,944 | +€6,944 | |
| Credit institutions | 430/8 | - | €6,944 | +€6,944 | |
| Trade debts | 44 | €37,904 | €2,545 | -€35,359 | -93.3% |
| Suppliers | 440/4 | €37,904 | €2,545 | -€35,359 | -93.3% |
| Taxes, remuneration and social security | 45 | €14,212 | €3,511 | -€10,701 | -75.3% |
| Taxes | 450/3 | €14,212 | €3,511 | -€10,701 | -75.3% |
| Other amounts payable | 47/48 | €4,384 | €0 | -€4,384 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,466 | €29,444 | +€2,979 | +11.3% |
| Other operating charges | 640/8 | €8,228 | €3,026 | -€5,203 | -63.2% |
| Gross operating margin | 9900 | €24,764 | €37,103 | +€12,339 | +49.8% |
| Operating profit (loss) | 9901 | -€9,930 | €4,633 | +€14,563 | |
| Financial income | 75/76B | €3 | €38 | +€34 | +1,070% |
| Recurring financial income | 75 | €3 | €38 | +€34 | +1,070% |
| Financial charges | 65/66B | €4,184 | €3,977 | -€207 | -5.0% |
| Recurring financial charges | 65 | €4,184 | €3,977 | -€207 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | -€14,110 | €694 | +€14,804 | |
| Income taxes | 67/77 | €0 | €508 | +€508 | |
| Profit (loss) for the period | 9904 | -€14,110 | €186 | +€14,296 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,110 | €186 | +€14,296 |
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 24 October 2026 via checked.be.