VINCENT DELWAIDE: what changed
What changed
VINCENT DELWAIDE
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€7,622
2024 · €8,293-€671
Equity
€550,168
2024 · €542,546+€7,622
Cash
€187
2024 · €246-€59
Balance sheet total
€1.4m
2024 · €1.4m-€43,756
Largest movements
Assets
- Tangible fixed assets -€33,100
down €33,100 (-5.1%), from €652,291 to €619,191
of which Land and buildings: -€28,915
Equity and liabilities
- Debts after one year -€39,818
down €39,818 (-5.2%), from €760,229 to €720,411
- Other debts -€14,526
down €14,526 (-26.3%), from €55,203 to €40,677
Income statement
- Taxes +€2,198
up €2,198 (+539%), from €408 to €2,606
- Gross operating margin +€1,506
up €1,506 (+2.6%), from €58,913 to €60,419
- Depreciation +€816
up €816 (+2.5%), from €32,284 to €33,100
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.
Result 2024
€8,293
Gross operating margin
+€1,506
Depreciation
-€816
Other operating charges
+€497
Financial income
+€8
Financial charges
+€332
Taxes
-€2,198
Result 2025
€7,622
raises the resultlowers the result
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.
From operations
+€37,780
Investment
€0
Financing
-€37,839
Cash 2024
€246
From operations (derived)
+€37,780
Net result for the year
+€7,622
Depreciation
+€33,100
Receivables within one year
+€10,275
Deferred charges and accrued income
+€322
Trade debts
-€559
Tax, wage and social debts
+€4,056
Other debts
-€14,526
Accrued charges and deferred income
-€2,510
Financing
-€37,839
Debts after one year
-€39,818
Current portion of long-term debt
+€1,193
Short-term financial debts
+€785
Cash 2025
€187
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,422,872 | €1,379,116 | -€43,756 | -3.1% |
| Fixed assets | 21/28 | €652,291 | €619,191 | -€33,100 | -5.1% |
| Tangible fixed assets | 22/27 | €652,291 | €619,191 | -€33,100 | -5.1% |
| Land and buildings | 22 | €615,265 | €586,350 | -€28,915 | -4.7% |
| Furniture and vehicles | 24 | €37,026 | €32,841 | -€4,185 | -11.3% |
| Current assets | 29/58 | €770,581 | €759,925 | -€10,656 | -1.4% |
| Amounts receivable after more than one year | 29 | €745,560 | €745,560 | = | 0.0% |
| Other amounts receivable | 291 | €745,560 | €745,560 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €23,955 | €13,680 | -€10,275 | -42.9% |
| Trade receivables | 40 | €23,930 | €13,645 | -€10,285 | -43.0% |
| Other amounts receivable | 41 | €25 | €35 | +€10 | +40.4% |
| Cash at bank and in hand | 54/58 | €246 | €187 | -€59 | -23.9% |
| Deferred charges and accrued income | 490/1 | €820 | €497 | -€322 | -39.3% |
| Total equity and liabilities | 10/49 | €1,422,872 | €1,379,116 | -€43,756 | -3.1% |
| Equity | 10/15 | €542,546 | €550,168 | +€7,622 | +1.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €522,086 | €529,708 | +€7,622 | +1.5% |
| Amounts payable | 17/49 | €880,327 | €828,949 | -€51,378 | -5.8% |
| Amounts payable after more than one year | 17 | €760,229 | €720,411 | -€39,818 | -5.2% |
| Financial debts | 170/4 | €760,229 | €720,411 | -€39,818 | -5.2% |
| Amounts payable within one year | 42/48 | €117,588 | €108,538 | -€9,050 | -7.7% |
| Current portion of amounts payable after more than one year | 42 | €38,624 | €39,818 | +€1,193 | +3.1% |
| Financial debts | 43 | - | €785 | +€785 | |
| Credit institutions | 430/8 | - | €785 | +€785 | |
| Trade debts | 44 | €7,446 | €6,888 | -€559 | -7.5% |
| Suppliers | 440/4 | €7,446 | €6,888 | -€559 | -7.5% |
| Taxes, remuneration and social security | 45 | €16,314 | €20,370 | +€4,056 | +24.9% |
| Taxes | 450/3 | €12,373 | €18,833 | +€6,460 | +52.2% |
| Remuneration and social security | 454/9 | €3,941 | €1,537 | -€2,404 | -61.0% |
| Other amounts payable | 47/48 | €55,203 | €40,677 | -€14,526 | -26.3% |
| Accrued charges and deferred income | 492/3 | €2,510 | - | -€2,510 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,284 | €33,100 | +€816 | +2.5% |
| Other operating charges | 640/8 | €3,308 | €2,811 | -€497 | -15.0% |
| Gross operating margin | 9900 | €58,913 | €60,419 | +€1,506 | +2.6% |
| Operating profit (loss) | 9901 | €23,320 | €24,508 | +€1,187 | +5.1% |
| Financial income | 75/76B | - | €8 | +€8 | |
| Recurring financial income | 75 | - | €8 | +€8 | |
| Financial charges | 65/66B | €14,620 | €14,288 | -€332 | -2.3% |
| Recurring financial charges | 65 | €14,620 | €14,288 | -€332 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €8,701 | €10,228 | +€1,527 | +17.5% |
| Income taxes | 67/77 | €408 | €2,606 | +€2,198 | +539% |
| Profit (loss) for the period | 9904 | €8,293 | €7,622 | -€671 | -8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €8,293 | €7,622 | -€671 | -8.1% |
Next steps
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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 2 November 2026 via checked.be.