BEHEER VAN VOOREN: 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.
BEHEER VAN VOOREN
Largest movements
- Stocks and contracts +€358,225
up €358,225 (+628%), from €57,000 to €415,225
- Cash -€105,430
down €105,430 (-39.7%), from €265,763 to €160,333
mainly Stocks and contracts (-€358,225) and Investment in fixed assets (net) (-€50,174)
- Tangible fixed assets -€32,257
down €32,257 (-2.2%), from €1.5m to €1.4m
of which Land and buildings: -€24,187
- Other debts +€298,506
up €298,506 (+65.3%), from €457,026 to €755,531
- Profit (loss) carried forward -€34,698
down €34,698 (-66.1%), from -€52,499 to -€87,197
- Current portion of long-term debt -€22,419
down €22,419 (-91.4%), from €24,519 to €2,100
- Gross operating margin -€244,113
down €244,113 (-89.7%), from €272,184 to €28,070
- Financial income +€53,914
new in 2025: €53,914
- Depreciation -€33,904
down €33,904 (-34.2%), from €99,085 to €65,181
- Financial charges -€18,847
down €18,847 (-93.1%), from €20,246 to €1,399
- Taxes +€16,174
new in 2025: €16,174
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 | €1,835,783 | €2,063,502 | +€227,718 | +12.4% |
| Fixed assets | 21/28 | €1,481,126 | €1,466,120 | -€15,007 | -1.0% |
| Tangible fixed assets | 22/27 | €1,481,126 | €1,448,870 | -€32,257 | -2.2% |
| Land and buildings | 22 | €1,413,599 | €1,389,412 | -€24,187 | -1.7% |
| Plant, machinery and equipment | 23 | €62,196 | €56,758 | -€5,438 | -8.7% |
| Furniture and vehicles | 24 | €5,331 | €2,700 | -€2,632 | -49.4% |
| Financial fixed assets | 28 | - | €17,250 | +€17,250 | |
| Current assets | 29/58 | €354,657 | €597,382 | +€242,725 | +68.4% |
| Stocks and contracts in progress | 3 | €57,000 | €415,225 | +€358,225 | +628% |
| Stocks | 30/36 | €57,000 | €415,225 | +€358,225 | +628% |
| Amounts receivable within one year | 40/41 | €21,366 | €6,786 | -€14,580 | -68.2% |
| Trade receivables | 40 | €2,098 | €2,098 | = | 0.0% |
| Other amounts receivable | 41 | €19,268 | €4,688 | -€14,580 | -75.7% |
| Current investments | 50/53 | €5,000 | €5,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €265,763 | €160,333 | -€105,430 | -39.7% |
| Deferred charges and accrued income | 490/1 | €5,528 | €10,038 | +€4,510 | +81.6% |
| Total equity and liabilities | 10/49 | €1,835,783 | €2,063,502 | +€227,718 | +12.4% |
| Equity | 10/15 | €1,336,191 | €1,301,494 | -€34,698 | -2.6% |
| Contributions | 10/11 | €920,000 | €920,000 | = | 0.0% |
| Reserves | 13 | €468,691 | €468,691 | = | 0.0% |
| Tax-exempt reserves | 132 | €26,999 | €26,999 | = | 0.0% |
| Distributable reserves | 133 | €441,691 | €441,691 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€52,499 | -€87,197 | -€34,698 | -66.1% |
| Amounts payable | 17/49 | €499,592 | €762,008 | +€262,416 | +52.5% |
| Amounts payable after more than one year | 17 | €2,100 | - | -€2,100 | |
| Financial debts | 170/4 | €2,100 | - | -€2,100 | |
| Amounts payable within one year | 42/48 | €497,492 | €762,008 | +€264,516 | +53.2% |
| Current portion of amounts payable after more than one year | 42 | €24,519 | €2,100 | -€22,419 | -91.4% |
| Trade debts | 44 | €2,535 | €4,376 | +€1,841 | +72.6% |
| Suppliers | 440/4 | €2,535 | €4,376 | +€1,841 | +72.6% |
| Taxes, remuneration and social security | 45 | €13,411 | - | -€13,411 | |
| Taxes | 450/3 | €13,411 | - | -€13,411 | |
| Other amounts payable | 47/48 | €457,026 | €755,531 | +€298,506 | +65.3% |
| Non-recurring operating income | 76A | €154,626 | - | -€154,626 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €99,085 | €65,181 | -€33,904 | -34.2% |
| Other operating charges | 640/8 | €13,159 | €15,239 | +€2,080 | +15.8% |
| Non-recurring operating charges | 66A | - | €18,689 | +€18,689 | |
| Gross operating margin | 9900 | €272,184 | €28,070 | -€244,113 | -89.7% |
| Operating profit (loss) | 9901 | €159,940 | -€71,038 | -€230,978 | |
| Financial income | 75/76B | - | €53,914 | +€53,914 | |
| Recurring financial income | 75 | - | €53,914 | +€53,914 | |
| Financial charges | 65/66B | €20,246 | €1,399 | -€18,847 | -93.1% |
| Recurring financial charges | 65 | €20,246 | €1,399 | -€18,847 | -93.1% |
| Profit (loss) for the period before taxes | 9903 | €139,694 | -€18,524 | -€158,218 | |
| Income taxes | 67/77 | - | €16,174 | +€16,174 | |
| Profit (loss) for the period | 9904 | €139,694 | -€34,698 | -€174,392 | |
| Profit (loss) for the period to be appropriated | 9905 | €139,694 | -€34,698 | -€174,392 |
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 30 October 2026 via checked.be.