TANJA VAN LOOY: 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.
TANJA VAN LOOY
Largest movements
- Tangible fixed assets -€127,855
down €127,855 (-6.7%), from €1.9m to €1.8m
- Current investments +€117,146
up €117,146 (+309%), from €37,881 to €155,027
- Intangible fixed assets -€43,734
down €43,734 (-13.1%), from €333,579 to €289,845
- Receivables within one year -€37,934
down €37,934 (-99.2%), from €38,253 to €319
of which Trade receivables: -€31,766
- Debts after one year -€187,380
down €187,380 (-11.1%), from €1.7m to €1.5m
- Reserves +€117,434
up €117,434 (+49.8%), from €235,642 to €353,076
of which Distributable reserves: +€117,434
- Other debts -€107,940
down €107,940 (-41.4%), from €260,853 to €152,913
- Tax, wage and social debts +€67,416
up €67,416 (+89.4%), from €75,393 to €142,810
of which Taxes: +€57,692
- Profit (loss) carried forward +€38,472
no longer reported in 2025 (was -€38,472)
- Gross operating margin +€153,157
up €153,157 (+18.0%), from €851,303 to €1.0m
- Taxes +€63,525
up €63,525 (+5,878%), from €1,081 to €64,606
- Staff costs +€23,928
up €23,928 (+4.5%), from €530,864 to €554,792
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 | €2,472,254 | €2,401,304 | -€70,951 | -2.9% |
| Fixed assets | 21/28 | €2,247,026 | €2,075,437 | -€171,589 | -7.6% |
| Intangible fixed assets | 21 | €333,579 | €289,845 | -€43,734 | -13.1% |
| Tangible fixed assets | 22/27 | €1,913,447 | €1,785,592 | -€127,855 | -6.7% |
| Land and buildings | 22 | €1,169,755 | €1,121,261 | -€48,494 | -4.1% |
| Plant, machinery and equipment | 23 | €614,550 | €568,261 | -€46,289 | -7.5% |
| Furniture and vehicles | 24 | €128,533 | €95,790 | -€32,743 | -25.5% |
| Other tangible fixed assets | 26 | €609 | €279 | -€330 | -54.2% |
| Current assets | 29/58 | €225,228 | €325,867 | +€100,639 | +44.7% |
| Amounts receivable within one year | 40/41 | €38,253 | €319 | -€37,934 | -99.2% |
| Trade receivables | 40 | €31,799 | €32 | -€31,766 | -99.9% |
| Other amounts receivable | 41 | €6,454 | €286 | -€6,168 | -95.6% |
| Current investments | 50/53 | €37,881 | €155,027 | +€117,146 | +309% |
| Cash at bank and in hand | 54/58 | €59,902 | €76,866 | +€16,964 | +28.3% |
| Deferred charges and accrued income | 490/1 | €89,193 | €93,656 | +€4,463 | +5.0% |
| Total equity and liabilities | 10/49 | €2,472,254 | €2,401,304 | -€70,951 | -2.9% |
| Equity | 10/15 | €215,770 | €371,676 | +€155,906 | +72.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €235,642 | €353,076 | +€117,434 | +49.8% |
| Tax-exempt reserves | 132 | €6,324 | €6,324 | = | 0.0% |
| Distributable reserves | 133 | €229,317 | €346,751 | +€117,434 | +51.2% |
| Profit (loss) carried forward | 14 | -€38,472 | - | +€38,472 | |
| Amounts payable | 17/49 | €2,256,484 | €2,029,628 | -€226,856 | -10.1% |
| Amounts payable after more than one year | 17 | €1,681,336 | €1,493,956 | -€187,380 | -11.1% |
| Financial debts | 170/4 | €1,681,336 | €1,493,956 | -€187,380 | -11.1% |
| Amounts payable within one year | 42/48 | €563,226 | €513,784 | -€49,442 | -8.8% |
| Current portion of amounts payable after more than one year | 42 | €206,637 | €197,466 | -€9,171 | -4.4% |
| Financial debts | 43 | - | €6 | +€6 | |
| Credit institutions | 430/8 | - | €6 | +€6 | |
| Trade debts | 44 | €20,343 | €20,590 | +€247 | +1.2% |
| Suppliers | 440/4 | €20,343 | €20,590 | +€247 | +1.2% |
| Taxes, remuneration and social security | 45 | €75,393 | €142,810 | +€67,416 | +89.4% |
| Taxes | 450/3 | €19,542 | €77,233 | +€57,692 | +295% |
| Remuneration and social security | 454/9 | €55,852 | €65,576 | +€9,725 | +17.4% |
| Other amounts payable | 47/48 | €260,853 | €152,913 | -€107,940 | -41.4% |
| Accrued charges and deferred income | 492/3 | €11,923 | €21,888 | +€9,966 | +83.6% |
| Non-recurring operating income | 76A | €3,190 | €4,434 | +€1,244 | +39.0% |
| Remuneration, social security and pensions | 62 | €530,864 | €554,792 | +€23,928 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €190,403 | €190,407 | +€4 | 0.0% |
| Other operating charges | 640/8 | €5,477 | €9,649 | +€4,172 | +76.2% |
| Non-recurring operating charges | 66A | €24 | - | -€24 | |
| Gross operating margin | 9900 | €851,303 | €1,004,460 | +€153,157 | +18.0% |
| Operating profit (loss) | 9901 | €124,535 | €249,612 | +€125,077 | +100% |
| Financial income | 75/76B | €1,085 | €3,449 | +€2,365 | +218% |
| Recurring financial income | 75 | €1,085 | €3,449 | +€2,365 | +218% |
| Financial charges | 65/66B | €22,516 | €32,549 | +€10,033 | +44.6% |
| Recurring financial charges | 65 | €22,516 | €32,549 | +€10,033 | +44.6% |
| Profit (loss) for the period before taxes | 9903 | €103,103 | €220,512 | +€117,409 | +114% |
| Income taxes | 67/77 | €1,081 | €64,606 | +€63,525 | +5,878% |
| Profit (loss) for the period | 9904 | €102,022 | €155,906 | +€53,883 | +52.8% |
| Profit (loss) for the period to be appropriated | 9905 | €102,022 | €155,906 | +€53,883 | +52.8% |
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 31 October 2026 via checked.be.