V Van Loon: 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.
V Van Loon
Largest movements
- Receivables within one year -€12,467
down €12,467 (-51.5%), from €24,209 to €11,742
of which Trade receivables: -€14,913
- Cash +€9,148
up €9,148 (+7,019%), from €130 to €9,278
mainly Receivables within one year (+€12,467) and Tax, wage and social debts (+€7,990)
- Tangible fixed assets -€5,926
down €5,926 (-38.1%), from €15,539 to €9,613
of which Furniture and vehicles: -€5,683
- Stocks and contracts +€1,074
up €1,074 (+137%), from €786 to €1,860
- Trade debts -€10,310
down €10,310 (-86.6%), from €11,902 to €1,591
- Tax, wage and social debts +€7,990
up €7,990 (+2,160%), from €370 to €8,360
of which Remuneration and social security: +€8,360
- Debts after one year -€4,693
no longer reported in 2025 (was €4,693)
- Profit (loss) carried forward -€3,501
down €3,501 (-34.1%), from -€10,279 to -€13,780
- Other debts +€3,025
up €3,025 (+11.8%), from €25,604 to €28,629
- Gross operating margin -€5,044
down €5,044 (-61.3%), from €8,230 to €3,186
- Depreciation -€940
down €940 (-13.7%), from €6,866 to €5,926
- Financial income +€382
up €382 (+1,265%), from €30 to €412
- Financial charges -€211
down €211 (-24.6%), from €856 to €645
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 | €40,664 | €32,493 | -€8,171 | -20.1% |
| Fixed assets | 21/28 | €15,539 | €9,613 | -€5,926 | -38.1% |
| Tangible fixed assets | 22/27 | €15,539 | €9,613 | -€5,926 | -38.1% |
| Plant, machinery and equipment | 23 | €851 | €608 | -€243 | -28.5% |
| Furniture and vehicles | 24 | €14,688 | €9,005 | -€5,683 | -38.7% |
| Current assets | 29/58 | €25,125 | €22,880 | -€2,245 | -8.9% |
| Stocks and contracts in progress | 3 | €786 | €1,860 | +€1,074 | +137% |
| Stocks | 30/36 | €786 | €1,860 | +€1,074 | +137% |
| Amounts receivable within one year | 40/41 | €24,209 | €11,742 | -€12,467 | -51.5% |
| Trade receivables | 40 | €23,393 | €8,480 | -€14,913 | -63.7% |
| Other amounts receivable | 41 | €816 | €3,262 | +€2,446 | +300% |
| Cash at bank and in hand | 54/58 | €130 | €9,278 | +€9,148 | +7,019% |
| Total equity and liabilities | 10/49 | €40,664 | €32,493 | -€8,171 | -20.1% |
| Equity | 10/15 | -€7,279 | -€10,780 | -€3,501 | -48.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,279 | -€13,780 | -€3,501 | -34.1% |
| Amounts payable | 17/49 | €47,943 | €43,273 | -€4,670 | -9.7% |
| Amounts payable after more than one year | 17 | €4,693 | - | -€4,693 | |
| Financial debts | 170/4 | €4,693 | - | -€4,693 | |
| Amounts payable within one year | 42/48 | €43,249 | €43,273 | +€23 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €5,374 | €4,693 | -€681 | -12.7% |
| Trade debts | 44 | €11,902 | €1,591 | -€10,310 | -86.6% |
| Suppliers | 440/4 | €11,902 | €1,591 | -€10,310 | -86.6% |
| Taxes, remuneration and social security | 45 | €370 | €8,360 | +€7,990 | +2,160% |
| Taxes | 450/3 | €370 | - | -€370 | |
| Remuneration and social security | 454/9 | - | €8,360 | +€8,360 | |
| Other amounts payable | 47/48 | €25,604 | €28,629 | +€3,025 | +11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,866 | €5,926 | -€940 | -13.7% |
| Other operating charges | 640/8 | €505 | €529 | +€23 | +4.6% |
| Gross operating margin | 9900 | €8,230 | €3,186 | -€5,044 | -61.3% |
| Operating profit (loss) | 9901 | €859 | -€3,269 | -€4,128 | |
| Financial income | 75/76B | €30 | €412 | +€382 | +1,265% |
| Recurring financial income | 75 | €30 | €412 | +€382 | +1,265% |
| Financial charges | 65/66B | €856 | €645 | -€211 | -24.6% |
| Recurring financial charges | 65 | €856 | €645 | -€211 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €34 | -€3,501 | -€3,535 | |
| Profit (loss) for the period | 9904 | €34 | -€3,501 | -€3,535 | |
| Profit (loss) for the period to be appropriated | 9905 | €34 | -€3,501 | -€3,535 |
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.