VANDEMAELE DIRK: what changed
VANDEMAELE DIRK
Largest movements
- Receivables within one year -€40,118
down €40,118 (-28.1%), from €142,870 to €102,752
of which Trade receivables: -€86,806
- Tangible fixed assets +€26,707
up €26,707 (+35.0%), from €76,283 to €102,990
of which Leasing and similar rights: +€42,322
- Cash +€10,158
up €10,158 (+279%), from €3,636 to €13,794
mainly Receivables within one year (+€40,118) and Tax, wage and social debts (+€34,019)
- Trade debts -€80,652
down €80,652 (-83.8%), from €96,272 to €15,620
- Tax, wage and social debts +€34,019
up €34,019 (+6,022%), from €565 to €34,583
- Debts after one year +€20,940
up €20,940 (+49.7%), from €42,157 to €63,097
- Current portion of long-term debt +€11,583
up €11,583 (+63.0%), from €18,378 to €29,961
- Reserves +€9,407
up €9,407 (+17.2%), from €54,852 to €64,259
of which Distributable reserves: +€9,407
- Turnover -€439,264
no longer reported in 2025 (was €439,264)
- Purchases and services -€417,826
no longer reported in 2025 (was €417,826)
- Gross operating margin +€26,185
up €26,185 (+85.1%), from €30,786 to €56,971
- Taxes +€5,205
up €5,205 (+921%), from €565 to €5,769
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 | €230,815 | €226,112 | -€4,703 | -2.0% |
| Fixed assets | 21/28 | €76,283 | €102,990 | +€26,707 | +35.0% |
| Tangible fixed assets | 22/27 | €76,283 | €102,990 | +€26,707 | +35.0% |
| Land and buildings | 22 | €4,448 | €2,628 | -€1,820 | -40.9% |
| Plant, machinery and equipment | 23 | €16,330 | €12,554 | -€3,776 | -23.1% |
| Furniture and vehicles | 24 | €44,174 | €34,154 | -€10,019 | -22.7% |
| Leasing and similar rights | 25 | €11,332 | €53,654 | +€42,322 | +373% |
| Current assets | 29/58 | €154,532 | €123,122 | -€31,410 | -20.3% |
| Amounts receivable within one year | 40/41 | €142,870 | €102,752 | -€40,118 | -28.1% |
| Trade receivables | 40 | €114,092 | €27,287 | -€86,806 | -76.1% |
| Other amounts receivable | 41 | €28,778 | €75,465 | +€46,687 | +162% |
| Cash at bank and in hand | 54/58 | €3,636 | €13,794 | +€10,158 | +279% |
| Deferred charges and accrued income | 490/1 | €8,025 | €6,576 | -€1,449 | -18.1% |
| Total equity and liabilities | 10/49 | €230,815 | €226,112 | -€4,703 | -2.0% |
| Equity | 10/15 | €73,444 | €82,851 | +€9,407 | +12.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €54,852 | €64,259 | +€9,407 | +17.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €140 | €140 | = | 0.0% |
| Distributable reserves | 133 | €54,711 | €64,119 | +€9,407 | +17.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €157,371 | €143,261 | -€14,111 | -9.0% |
| Amounts payable after more than one year | 17 | €42,157 | €63,097 | +€20,940 | +49.7% |
| Financial debts | 170/4 | €42,157 | €63,097 | +€20,940 | +49.7% |
| Amounts payable within one year | 42/48 | €115,215 | €80,164 | -€35,051 | -30.4% |
| Current portion of amounts payable after more than one year | 42 | €18,378 | €29,961 | +€11,583 | +63.0% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €96,272 | €15,620 | -€80,652 | -83.8% |
| Suppliers | 440/4 | €96,272 | €15,620 | -€80,652 | -83.8% |
| Taxes, remuneration and social security | 45 | €565 | €34,583 | +€34,019 | +6,022% |
| Taxes | 450/3 | €565 | €34,583 | +€34,019 | +6,022% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Turnover | 70 | €439,264 | - | -€439,264 | |
| Non-recurring operating income | 76A | €0 | €1,544 | +€1,544 | |
| Goods, raw materials, services and sundry goods | 60/61 | €417,826 | - | -€417,826 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,165 | €31,680 | +€2,515 | +8.6% |
| Other operating charges | 640/8 | €2,761 | €6,193 | +€3,432 | +124% |
| Gross operating margin | 9900 | €30,786 | €56,971 | +€26,185 | +85.1% |
| Operating profit (loss) | 9901 | -€1,141 | €19,098 | +€20,239 | |
| Financial income | 75/76B | €439 | €986 | +€547 | +124% |
| Recurring financial income | 75 | €439 | €986 | +€547 | +124% |
| Financial charges | 65/66B | €4,351 | €4,908 | +€557 | +12.8% |
| Recurring financial charges | 65 | €4,351 | €4,908 | +€557 | +12.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,052 | €15,177 | +€20,229 | |
| Income taxes | 67/77 | €565 | €5,769 | +€5,205 | +921% |
| Profit (loss) for the period | 9904 | -€5,617 | €9,407 | +€15,024 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,617 | €9,407 | +€15,024 |
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 4 November 2026 via checked.be.