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MYVAN: what changed

Two fiscal 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.

What changed

MYVAN

BE 0431.486.583
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€414,510
2024 · €147,089+€267,420
Equity
€965,302
2024 · €550,793+€414,510
Cash
€164,180
2024 · €55+€164,125
Balance sheet total
€1.1m
2024 · €1.2m-€59,299

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€224,237

    down €224,237 (-20.8%), from €1.1m to €851,722

  • Cash +€164,125

    up €164,125 (+296200.4%), from €55 to €164,180

    mainly Net result for the year (+€414,510) and Receivables within one year (+€224,237)

Equity and liabilities
  • Short-term financial debts -€540,000

    down €540,000 (-99.8%), from €540,865 to €865

  • Reserves +€414,510

    up €414,510 (+399.4%), from €103,793 to €518,302

    of which Tax-exempt reserves: +€381,967

  • Provisions +€127,322

    new in 2025: €127,322

  • Tax, wage and social debts -€37,295

    down €37,295 (-69.1%), from €53,958 to €16,663

  • Trade debts -€22,933

    down €22,933 (-95.6%), from €23,978 to €1,045

Income statement
  • Gross operating margin +€359,526

    up €359,526 (+181.8%), from €197,780 to €557,305

  • Taxes -€37,295

    down €37,295 (-69.1%), from €53,958 to €16,663

  • Financial income -€28,397

    down €28,397 (-64.6%), from €43,942 to €15,545

  • Financial charges -€24,789

    down €24,789 (-69.0%), from €35,943 to €11,154

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €147,089
Gross operating margin +€359,526
Other operating charges +€1,529
Financial income -€28,397
Financial charges +€24,789
Taxes +€37,295
Deferred taxes and other -€127,322
Result 2025 €414,510

Cash bridge derived

cash 2024 to 2025

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.

From operations +€704,938
Investment -€813
Financing -€540,000
Cash 2024 €55
Net result for the year +€414,510
Receivables within one year +€224,237
Provisions +€127,322
Trade debts -€22,933
Tax, wage and social debts -€37,295
Accrued charges and deferred income -€902
Investment in fixed assets (net) -€813
Short-term financial debts -€540,000
Cash 2025 €164,180
Every line side by side 46 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,171,495 €1,112,196 -€59,299 -5.1%
Fixed assets 21/28 €87,581 €88,394 +€813 +0.9%
Tangible fixed assets 22/27 €50,397 €51,210 +€813 +1.6%
Land and buildings 22 €47,794 €48,607 +€813 +1.7%
Plant, machinery and equipment 23 €2,603 €2,603 = 0.0%
Financial fixed assets 28 €37,184 €37,184 = 0.0%
Current assets 29/58 €1,083,914 €1,023,802 -€60,112 -5.5%
Amounts receivable within one year 40/41 €1,075,959 €851,722 -€224,237 -20.8%
Other amounts receivable 41 €1,075,959 €851,722 -€224,237 -20.8%
Cash at bank and in hand 54/58 €55 €164,180 +€164,125 +296200.4%
Deferred charges and accrued income 490/1 €7,900 €7,900 = 0.0%
Total equity and liabilities 10/49 €1,171,495 €1,112,196 -€59,299 -5.1%
Equity 10/15 €550,793 €965,302 +€414,510 +75.3%
Contributions 10/11 €447,000 €447,000 = 0.0%
Capital 10 €447,000 €447,000 = 0.0%
Issued capital 100 €447,000 €447,000 = 0.0%
Reserves 13 €103,793 €518,302 +€414,510 +399.4%
Non-distributable reserves 130/1 €5,192 €6,819 +€1,627 +31.3%
Legal reserve 130 €5,192 €6,819 +€1,627 +31.3%
Tax-exempt reserves 132 - €381,967 +€381,967
Distributable reserves 133 €98,601 €129,516 +€30,916 +31.4%
Provisions and deferred taxes 16 - €127,322 +€127,322
Deferred taxes 168 - €127,322 +€127,322
Amounts payable 17/49 €620,702 €19,572 -€601,130 -96.8%
Amounts payable within one year 42/48 €618,802 €18,573 -€600,228 -97.0%
Financial debts 43 €540,865 €865 -€540,000 -99.8%
Credit institutions 430/8 €540,865 €865 -€540,000 -99.8%
Trade debts 44 €23,978 €1,045 -€22,933 -95.6%
Suppliers 440/4 €23,978 €1,045 -€22,933 -95.6%
Taxes, remuneration and social security 45 €53,958 €16,663 -€37,295 -69.1%
Taxes 450/3 €53,958 €16,663 -€37,295 -69.1%
Accrued charges and deferred income 492/3 €1,901 €998 -€902 -47.5%
Non-recurring operating income 76A €204,120 €565,368 +€361,249 +177.0%
Other operating charges 640/8 €4,731 €3,201 -€1,529 -32.3%
Gross operating margin 9900 €197,780 €557,305 +€359,526 +181.8%
Operating profit (loss) 9901 €193,049 €554,104 +€361,055 +187.0%
Financial income 75/76B €43,942 €15,545 -€28,397 -64.6%
Recurring financial income 75 €43,942 €15,545 -€28,397 -64.6%
Financial charges 65/66B €35,943 €11,154 -€24,789 -69.0%
Recurring financial charges 65 €35,943 €11,154 -€24,789 -69.0%
Profit (loss) for the period before taxes 9903 €201,047 €558,495 +€357,447 +177.8%
Transfer to deferred taxes 680 - €127,322 +€127,322
Income taxes 67/77 €53,958 €16,663 -€37,295 -69.1%
Profit (loss) for the period 9904 €147,089 €414,510 +€267,420 +181.8%
Transfer to tax-exempt reserves 689 - €381,967 +€381,967
Profit (loss) for the period to be appropriated 9905 €147,089 €32,543 -€114,546 -77.9%

Source: filed annual accounts (NBB), fiscal years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.