Vincent van Caloen: 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.
Vincent van Caloen
Largest movements
- Current investments +€29,703
up €29,703 (+50.0%), from €59,406 to €89,109
- Deferred charges and accrued income +€1,631
up €1,631 (+106%), from €1,532 to €3,163
- Reserves +€43,886
up €43,886 (+69.7%), from €63,008 to €106,894
- Tax, wage and social debts -€11,114
down €11,114 (-53.0%), from €20,964 to €9,850
- Trade debts -€1,988
down €1,988 (-67.5%), from €2,945 to €957
- Gross operating margin -€25,647
down €25,647 (-29.7%), from €86,337 to €60,690
- Taxes -€6,295
down €6,295 (-28.3%), from €22,234 to €15,940
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 | €91,013 | €121,809 | +€30,796 | +33.8% |
| Fixed assets | 21/28 | €829 | €473 | -€356 | -43.0% |
| Tangible fixed assets | 22/27 | €829 | €473 | -€356 | -43.0% |
| Furniture and vehicles | 24 | €829 | €473 | -€356 | -43.0% |
| Current assets | 29/58 | €90,184 | €121,336 | +€31,152 | +34.5% |
| Amounts receivable within one year | 40/41 | €9,000 | €9,001 | +€1 | 0.0% |
| Trade receivables | 40 | €9,000 | €9,000 | = | 0.0% |
| Other amounts receivable | 41 | - | €1 | +€1 | |
| Current investments | 50/53 | €59,406 | €89,109 | +€29,703 | +50.0% |
| Cash at bank and in hand | 54/58 | €20,246 | €20,063 | -€183 | -0.9% |
| Deferred charges and accrued income | 490/1 | €1,532 | €3,163 | +€1,631 | +106% |
| Total equity and liabilities | 10/49 | €91,013 | €121,809 | +€30,796 | +33.8% |
| Equity | 10/15 | €67,008 | €110,894 | +€43,886 | +65.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €63,008 | €106,894 | +€43,886 | +69.7% |
| Distributable reserves | 133 | €63,008 | €106,894 | +€43,886 | +69.7% |
| Amounts payable | 17/49 | €24,005 | €10,915 | -€13,090 | -54.5% |
| Amounts payable within one year | 42/48 | €23,910 | €10,815 | -€13,095 | -54.8% |
| Trade debts | 44 | €2,945 | €957 | -€1,988 | -67.5% |
| Suppliers | 440/4 | €2,945 | €957 | -€1,988 | -67.5% |
| Taxes, remuneration and social security | 45 | €20,964 | €9,850 | -€11,114 | -53.0% |
| Taxes | 450/3 | €20,964 | €9,850 | -€11,114 | -53.0% |
| Other amounts payable | 47/48 | - | €7 | +€7 | |
| Accrued charges and deferred income | 492/3 | €95 | €100 | +€5 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €240 | €356 | +€116 | +48.5% |
| Other operating charges | 640/8 | €183 | €120 | -€63 | -34.4% |
| Gross operating margin | 9900 | €86,337 | €60,690 | -€25,647 | -29.7% |
| Operating profit (loss) | 9901 | €85,914 | €60,214 | -€25,701 | -29.9% |
| Financial charges | 65/66B | €672 | €389 | -€283 | -42.2% |
| Recurring financial charges | 65 | €672 | €389 | -€283 | -42.2% |
| Profit (loss) for the period before taxes | 9903 | €85,243 | €59,825 | -€25,417 | -29.8% |
| Income taxes | 67/77 | €22,234 | €15,940 | -€6,295 | -28.3% |
| Profit (loss) for the period | 9904 | €63,008 | €43,886 | -€19,123 | -30.3% |
| Profit (loss) for the period to be appropriated | 9905 | €63,008 | €43,886 | -€19,123 | -30.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.