GEBR. VAN LAER: 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.
GEBR. VAN LAER
Largest movements
- Receivables within one year -€63,374
down €63,374 (-63.1%), from €100,487 to €37,113
of which Trade receivables: -€59,715
- Tangible fixed assets -€21,052
down €21,052 (-11.6%), from €181,416 to €160,364
of which Land and buildings: -€13,034
- Cash +€5,558
up €5,558 (+44,749%), from €12 to €5,570
mainly Receivables within one year (+€63,374) and Depreciation (+€22,105)
- Deferred charges and accrued income +€3,890
up €3,890 (+773%), from €503 to €4,393
- Trade debts -€38,535
down €38,535 (-92.2%), from €41,782 to €3,246
- Short-term financial debts -€35,905
down €35,905 (-88.3%), from €40,684 to €4,779
- Debts after one year -€32,763
down €32,763 (-30.0%), from €109,247 to €76,485
- Reserves +€22,010
up €22,010 (+52.8%), from €41,714 to €63,724
of which Distributable reserves: +€22,010
- Advances received +€11,040
up €11,040 (+250%), from €4,420 to €15,460
- Gross operating margin +€24,080
up €24,080 (+18.7%), from €128,952 to €153,032
- Depreciation +€6,717
up €6,717 (+43.6%), from €15,388 to €22,105
- Taxes +€5,815
up €5,815 (+114%), from €5,099 to €10,913
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 | €285,466 | €208,940 | -€76,526 | -26.8% |
| Fixed assets | 21/28 | €181,416 | €160,364 | -€21,052 | -11.6% |
| Tangible fixed assets | 22/27 | €181,416 | €160,364 | -€21,052 | -11.6% |
| Land and buildings | 22 | €142,871 | €129,837 | -€13,034 | -9.1% |
| Plant, machinery and equipment | 23 | €2,129 | €1,829 | -€300 | -14.1% |
| Furniture and vehicles | 24 | €321 | - | -€321 | |
| Leasing and similar rights | 25 | €36,094 | €28,698 | -€7,397 | -20.5% |
| Current assets | 29/58 | €104,050 | €48,576 | -€55,474 | -53.3% |
| Stocks and contracts in progress | 3 | €3,047 | €1,500 | -€1,547 | -50.8% |
| Stocks | 30/36 | €3,047 | €1,500 | -€1,547 | -50.8% |
| Amounts receivable within one year | 40/41 | €100,487 | €37,113 | -€63,374 | -63.1% |
| Trade receivables | 40 | €86,118 | €26,403 | -€59,715 | -69.3% |
| Other amounts receivable | 41 | €14,370 | €10,711 | -€3,659 | -25.5% |
| Cash at bank and in hand | 54/58 | €12 | €5,570 | +€5,558 | +44,749% |
| Deferred charges and accrued income | 490/1 | €503 | €4,393 | +€3,890 | +773% |
| Total equity and liabilities | 10/49 | €285,466 | €208,940 | -€76,526 | -26.8% |
| Equity | 10/15 | €60,314 | €82,324 | +€22,010 | +36.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €41,714 | €63,724 | +€22,010 | +52.8% |
| Tax-exempt reserves | 132 | €4,018 | €4,018 | = | 0.0% |
| Distributable reserves | 133 | €37,697 | €59,706 | +€22,010 | +58.4% |
| Amounts payable | 17/49 | €225,152 | €126,616 | -€98,535 | -43.8% |
| Amounts payable after more than one year | 17 | €109,247 | €76,485 | -€32,763 | -30.0% |
| Financial debts | 170/4 | €109,247 | €76,485 | -€32,763 | -30.0% |
| Amounts payable within one year | 42/48 | €115,904 | €48,965 | -€66,940 | -57.8% |
| Current portion of amounts payable after more than one year | 42 | €13,262 | €9,763 | -€3,499 | -26.4% |
| Financial debts | 43 | €40,684 | €4,779 | -€35,905 | -88.3% |
| Credit institutions | 430/8 | €40,684 | €4,779 | -€35,905 | -88.3% |
| Trade debts | 44 | €41,782 | €3,246 | -€38,535 | -92.2% |
| Suppliers | 440/4 | €41,782 | €3,246 | -€38,535 | -92.2% |
| Advances received on contracts in progress | 46 | €4,420 | €15,460 | +€11,040 | +250% |
| Taxes, remuneration and social security | 45 | €10,854 | €10,783 | -€71 | -0.7% |
| Taxes | 450/3 | €4,099 | €4,099 | +€0 | 0.0% |
| Remuneration and social security | 454/9 | €6,755 | €6,684 | -€71 | -1.1% |
| Other amounts payable | 47/48 | €4,903 | €4,934 | +€31 | +0.6% |
| Accrued charges and deferred income | 492/3 | - | €1,167 | +€1,167 | |
| Remuneration, social security and pensions | 62 | €86,255 | €86,278 | +€23 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,388 | €22,105 | +€6,717 | +43.6% |
| Other operating charges | 640/8 | €5,218 | €6,355 | +€1,137 | +21.8% |
| Gross operating margin | 9900 | €128,952 | €153,032 | +€24,080 | +18.7% |
| Operating profit (loss) | 9901 | €22,091 | €38,294 | +€16,203 | +73.3% |
| Financial income | 75/76B | €29 | €101 | +€72 | +243% |
| Recurring financial income | 75 | €29 | €101 | +€72 | +243% |
| Financial charges | 65/66B | €4,768 | €5,472 | +€704 | +14.8% |
| Recurring financial charges | 65 | €4,768 | €5,472 | +€704 | +14.8% |
| Profit (loss) for the period before taxes | 9903 | €17,353 | €32,923 | +€15,570 | +89.7% |
| Income taxes | 67/77 | €5,099 | €10,913 | +€5,815 | +114% |
| Profit (loss) for the period | 9904 | €12,254 | €22,010 | +€9,756 | +79.6% |
| Profit (loss) for the period to be appropriated | 9905 | €12,254 | €22,010 | +€9,756 | +79.6% |
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 1 November 2026 via checked.be.