GY - VAN: 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.
GY - VAN
Largest movements
- Receivables within one year -€30,876
down €30,876 (-65.1%), from €47,441 to €16,565
of which Trade receivables: -€32,987
- Cash +€12,478
up €12,478 (+31.5%), from €39,615 to €52,093
mainly Receivables within one year (+€30,876) and Depreciation (+€10,369)
- Tangible fixed assets -€10,369
down €10,369 (-28.8%), from €35,967 to €25,598
of which Furniture and vehicles: -€8,579
- Other debts -€32,368
down €32,368 (-71.1%), from €45,525 to €13,156
- Reserves +€6,632
up €6,632 (+13.1%), from €50,503 to €57,134
- Tax, wage and social debts -€6,436
down €6,436 (-89.6%), from €7,180 to €744
of which Taxes: -€3,536
- Trade debts +€3,405
up €3,405 (+280%), from €1,216 to €4,621
- Gross operating margin -€974
down €974 (-3.3%), from €29,342 to €28,368
- Taxes -€628
down €628 (-14.8%), from €4,246 to €3,618
- Financial income -€547
down €547 (-99.9%), from €548 to €1
- Other operating charges -€377
down €377 (-5.9%), from €6,346 to €5,969
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 | €123,023 | €94,256 | -€28,768 | -23.4% |
| Fixed assets | 21/28 | €35,967 | €25,598 | -€10,369 | -28.8% |
| Tangible fixed assets | 22/27 | €35,967 | €25,598 | -€10,369 | -28.8% |
| Land and buildings | 22 | €2,092 | €1,742 | -€350 | -16.7% |
| Plant, machinery and equipment | 23 | €2,506 | €1,065 | -€1,440 | -57.5% |
| Furniture and vehicles | 24 | €31,370 | €22,790 | -€8,579 | -27.3% |
| Current assets | 29/58 | €87,056 | €68,658 | -€18,398 | -21.1% |
| Amounts receivable within one year | 40/41 | €47,441 | €16,565 | -€30,876 | -65.1% |
| Trade receivables | 40 | €44,757 | €11,770 | -€32,987 | -73.7% |
| Other amounts receivable | 41 | €2,684 | €4,794 | +€2,111 | +78.7% |
| Cash at bank and in hand | 54/58 | €39,615 | €52,093 | +€12,478 | +31.5% |
| Total equity and liabilities | 10/49 | €123,023 | €94,256 | -€28,768 | -23.4% |
| Equity | 10/15 | €69,103 | €75,734 | +€6,632 | +9.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €50,503 | €57,134 | +€6,632 | +13.1% |
| Distributable reserves | 133 | €50,503 | €57,134 | +€6,632 | +13.1% |
| Amounts payable | 17/49 | €53,921 | €18,521 | -€35,399 | -65.7% |
| Amounts payable within one year | 42/48 | €53,921 | €18,521 | -€35,399 | -65.7% |
| Trade debts | 44 | €1,216 | €4,621 | +€3,405 | +280% |
| Suppliers | 440/4 | €1,216 | €4,621 | +€3,405 | +280% |
| Taxes, remuneration and social security | 45 | €7,180 | €744 | -€6,436 | -89.6% |
| Taxes | 450/3 | €4,280 | €744 | -€3,536 | -82.6% |
| Remuneration and social security | 454/9 | €2,900 | - | -€2,900 | |
| Other amounts payable | 47/48 | €45,525 | €13,156 | -€32,368 | -71.1% |
| Non-recurring operating income | 76A | - | €4,706 | +€4,706 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,346 | €10,369 | +€23 | +0.2% |
| Other operating charges | 640/8 | €6,346 | €5,969 | -€377 | -5.9% |
| Gross operating margin | 9900 | €29,342 | €28,368 | -€974 | -3.3% |
| Operating profit (loss) | 9901 | €12,649 | €12,029 | -€620 | -4.9% |
| Financial income | 75/76B | €548 | €1 | -€547 | -99.9% |
| Recurring financial income | 75 | €548 | €1 | -€547 | -99.9% |
| Financial charges | 65/66B | €74 | €130 | +€56 | +76.6% |
| Recurring financial charges | 65 | €74 | €130 | +€56 | +76.6% |
| Profit (loss) for the period before taxes | 9903 | €13,123 | €11,900 | -€1,224 | -9.3% |
| Income taxes | 67/77 | €4,246 | €3,618 | -€628 | -14.8% |
| Profit (loss) for the period | 9904 | €8,877 | €8,282 | -€596 | -6.7% |
| Profit (loss) for the period to be appropriated | 9905 | €8,877 | €8,282 | -€596 | -6.7% |
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 17 October 2026 via checked.be.