VEERLE EGGHE SERVICE: 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.
VEERLE EGGHE SERVICE
Largest movements
- Tangible fixed assets +€169,649
up €169,649 (+18.8%), from €903,655 to €1.1m
of which Land and buildings: +€169,646
- Cash -€14,205
down €14,205 (-21.6%), from €65,635 to €51,430
mainly Investment in fixed assets (net) (-€205,215) and Other debts (-€12,796)
- Debts after one year +€132,693
up €132,693 (+95.1%), from €139,563 to €272,256
- Trade debts +€22,991
up €22,991 (+1,245%), from €1,847 to €24,838
- Tax, wage and social debts +€20,864
up €20,864 (+497%), from €4,199 to €25,063
- Other debts -€12,796
down €12,796 (-5.4%), from €238,738 to €225,942
- Other operating charges +€42,359
up €42,359 (+474%), from €8,932 to €51,291
- Gross operating margin -€18,514
down €18,514 (-14.6%), from €126,811 to €108,297
- Taxes +€5,703
up €5,703 (+34.6%), from €16,503 to €22,206
- Financial charges +€2,514
up €2,514 (+52.3%), from €4,810 to €7,324
- Depreciation +€1,988
up €1,988 (+5.9%), from €33,578 to €35,566
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 | €984,108 | €1,132,862 | +€148,754 | +15.1% |
| Fixed assets | 21/28 | €903,655 | €1,073,304 | +€169,649 | +18.8% |
| Tangible fixed assets | 22/27 | €903,655 | €1,073,304 | +€169,649 | +18.8% |
| Land and buildings | 22 | €895,103 | €1,064,749 | +€169,646 | +19.0% |
| Plant, machinery and equipment | 23 | €7,171 | €7,880 | +€709 | +9.9% |
| Furniture and vehicles | 24 | €1,381 | €675 | -€706 | -51.1% |
| Current assets | 29/58 | €80,453 | €59,558 | -€20,895 | -26.0% |
| Amounts receivable within one year | 40/41 | €13,604 | €6,973 | -€6,631 | -48.7% |
| Trade receivables | 40 | €12,004 | €3,823 | -€8,181 | -68.2% |
| Other amounts receivable | 41 | €1,600 | €3,150 | +€1,550 | +96.9% |
| Cash at bank and in hand | 54/58 | €65,635 | €51,430 | -€14,205 | -21.6% |
| Deferred charges and accrued income | 490/1 | €1,214 | €1,155 | -€59 | -4.9% |
| Total equity and liabilities | 10/49 | €984,108 | €1,132,862 | +€148,754 | +15.1% |
| Equity | 10/15 | €520,500 | €514,037 | -€6,463 | -1.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €69,140 | €66,055 | -€3,085 | -4.5% |
| Tax-exempt reserves | 132 | €67,280 | €64,195 | -€3,085 | -4.6% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €438,960 | €435,582 | -€3,378 | -0.8% |
| Provisions and deferred taxes | 16 | €34,644 | €33,055 | -€1,589 | -4.6% |
| Deferred taxes | 168 | €34,644 | €33,055 | -€1,589 | -4.6% |
| Amounts payable | 17/49 | €428,964 | €585,770 | +€156,806 | +36.6% |
| Amounts payable after more than one year | 17 | €139,563 | €272,256 | +€132,693 | +95.1% |
| Financial debts | 170/4 | €139,563 | €272,256 | +€132,693 | +95.1% |
| Amounts payable within one year | 42/48 | €285,017 | €309,031 | +€24,014 | +8.4% |
| Current portion of amounts payable after more than one year | 42 | €40,233 | €33,188 | -€7,045 | -17.5% |
| Trade debts | 44 | €1,847 | €24,838 | +€22,991 | +1,245% |
| Suppliers | 440/4 | €1,847 | €24,838 | +€22,991 | +1,245% |
| Taxes, remuneration and social security | 45 | €4,199 | €25,063 | +€20,864 | +497% |
| Taxes | 450/3 | €4,199 | €25,063 | +€20,864 | +497% |
| Other amounts payable | 47/48 | €238,738 | €225,942 | -€12,796 | -5.4% |
| Accrued charges and deferred income | 492/3 | €4,384 | €4,483 | +€99 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,578 | €35,566 | +€1,988 | +5.9% |
| Other operating charges | 640/8 | €8,932 | €51,291 | +€42,359 | +474% |
| Gross operating margin | 9900 | €126,811 | €108,297 | -€18,514 | -14.6% |
| Operating profit (loss) | 9901 | €84,301 | €21,440 | -€62,861 | -74.6% |
| Financial income | 75/76B | €1,712 | €39 | -€1,673 | -97.7% |
| Recurring financial income | 75 | €1,712 | €39 | -€1,673 | -97.7% |
| Financial charges | 65/66B | €4,810 | €7,324 | +€2,514 | +52.3% |
| Recurring financial charges | 65 | €4,810 | €7,324 | +€2,514 | +52.3% |
| Profit (loss) for the period before taxes | 9903 | €81,203 | €14,155 | -€67,048 | -82.6% |
| Transfer from deferred taxes | 780 | €1,588 | €1,588 | = | 0.0% |
| Income taxes | 67/77 | €16,503 | €22,206 | +€5,703 | +34.6% |
| Profit (loss) for the period | 9904 | €66,288 | -€6,463 | -€72,751 | |
| Transfer from tax-exempt reserves | 789 | €3,085 | €3,085 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €69,373 | -€3,378 | -€72,751 |
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 31 October 2026 via checked.be.