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Studio Van Loo: 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

Studio Van Loo

BE 0742.565.484
NACE 43.341, Painting of buildings
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€84,125
2023 · €60,180+€23,945
Equity
€226,908
2023 · €142,783+€84,125
Cash
€68,306
2023 · €36,582+€31,724
Balance sheet total
€288,934
2023 · €203,667+€85,267

Largest movements

2023 to 2024
Assets
  • Receivables within one year +€53,543

    up €53,543 (+33.7%), from €158,791 to €212,334

    of which Trade receivables: +€34,497

  • Cash +€31,724

    up €31,724 (+86.7%), from €36,582 to €68,306

    mainly Net result for the year (+€84,125) and Tax, wage and social debts (+€12,075)

Equity and liabilities
  • Profit (loss) carried forward +€69,125

    up €69,125 (+123.9%), from €55,783 to €124,908

  • Reserves +€15,000

    up €15,000 (+17.6%), from €85,000 to €100,000

  • Tax, wage and social debts +€12,075

    up €12,075 (+68.0%), from €17,757 to €29,832

  • Trade debts -€10,933

    down €10,933 (-31.4%), from €34,833 to €23,900

  • Advances received +€8,294

    new in 2024: €8,294

Income statement
  • Gross operating margin +€32,181

    up €32,181 (+41.9%), from €76,733 to €108,914

  • Taxes +€6,500

    up €6,500 (+37.1%), from €17,500 to €24,000

  • Financial charges +€2,682

    up €2,682 (+912.2%), from €294 to €2,976

From the 2023 result to the 2024 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 2023 €60,180
Gross operating margin +€32,181
Depreciation +€385
Other operating charges -€495
Other operating items +€2,124
Financial income -€1,068
Financial charges -€2,682
Taxes -€6,500
Result 2024 €84,125

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€31,724
Investment €0
Financing €0
Cash 2023 €36,582
Net result for the year +€84,125
Receivables within one year -€53,543
Trade debts -€10,933
Tax, wage and social debts +€12,075
Advances received +€8,294
Other debts -€8,294
Cash 2024 €68,306
Every line side by side 36 lines
Line Code 2023 2024 Change %
Total assets 20/58 €203,667 €288,934 +€85,267 +41.9%
Current assets 29/58 €203,667 €288,934 +€85,267 +41.9%
Amounts receivable within one year 40/41 €158,791 €212,334 +€53,543 +33.7%
Trade receivables 40 €50,372 €84,869 +€34,497 +68.5%
Other amounts receivable 41 €108,419 €127,465 +€19,046 +17.6%
Cash at bank and in hand 54/58 €36,582 €68,306 +€31,724 +86.7%
Deferred charges and accrued income 490/1 €8,294 €8,294 = 0.0%
Total equity and liabilities 10/49 €203,667 €288,934 +€85,267 +41.9%
Equity 10/15 €142,783 €226,908 +€84,125 +58.9%
Contributions 10/11 €2,000 €2,000 = 0.0%
Reserves 13 €85,000 €100,000 +€15,000 +17.6%
Distributable reserves 133 €85,000 €100,000 +€15,000 +17.6%
Profit (loss) carried forward 14 €55,783 €124,908 +€69,125 +123.9%
Amounts payable 17/49 €60,884 €62,026 +€1,142 +1.9%
Amounts payable within one year 42/48 €60,884 €62,026 +€1,142 +1.9%
Trade debts 44 €34,833 €23,900 -€10,933 -31.4%
Suppliers 440/4 €34,833 €23,900 -€10,933 -31.4%
Advances received on contracts in progress 46 - €8,294 +€8,294
Taxes, remuneration and social security 45 €17,757 €29,832 +€12,075 +68.0%
Taxes 450/3 €17,757 €29,832 +€12,075 +68.0%
Other amounts payable 47/48 €8,294 - -€8,294
Non-recurring operating income 76A €1,106 - -€1,106
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €385 - -€385
Other operating charges 640/8 €221 €716 +€495 +224.0%
Non-recurring operating charges 66A €2,124 - -€2,124
Gross operating margin 9900 €76,733 €108,914 +€32,181 +41.9%
Operating profit (loss) 9901 €74,003 €108,198 +€34,195 +46.2%
Financial income 75/76B €3,971 €2,903 -€1,068 -26.9%
Recurring financial income 75 €2,865 €2,903 +€38 +1.3%
Non-recurring financial income 76B €1,106 - -€1,106
Financial charges 65/66B €294 €2,976 +€2,682 +912.2%
Recurring financial charges 65 €294 €2,976 +€2,682 +912.2%
Profit (loss) for the period before taxes 9903 €77,680 €108,125 +€30,445 +39.2%
Income taxes 67/77 €17,500 €24,000 +€6,500 +37.1%
Profit (loss) for the period 9904 €60,180 €84,125 +€23,945 +39.8%
Profit (loss) for the period to be appropriated 9905 €60,180 €84,125 +€23,945 +39.8%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.