VAN AELST: 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.
VAN AELST
Largest movements
- Tangible fixed assets +€18,246
up €18,246 (+62.6%), from €29,139 to €47,386
of which Furniture and vehicles: +€18,246
- Receivables within one year -€2,284
down €2,284 (-81.7%), from €2,795 to €511
of which Trade receivables: -€2,618
- Other debts -€14,657
down €14,657 (-12.4%), from €118,021 to €103,364
- Profit (loss) carried forward +€14,311
up €14,311 (+12.1%), from -€118,707 to -€104,396
- Debts after one year +€13,578
new in 2025: €13,578
- Current portion of long-term debt +€4,921
new in 2025: €4,921
- Tax, wage and social debts -€2,213
no longer reported in 2025 (was €2,213)
- Depreciation +€2,254
new in 2025: €2,254
- Gross operating margin +€1,261
up €1,261 (+5.7%), from €22,220 to €23,481
- Other operating charges +€488
up €488 (+10.1%), from €4,812 to €5,299
- Financial charges +€400
up €400 (+180.5%), from €222 to €622
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.
Cash bridge derived
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 | €38,740 | €54,682 | +€15,942 | +41.2% |
| Fixed assets | 21/28 | €29,208 | €47,455 | +€18,246 | +62.5% |
| Tangible fixed assets | 22/27 | €29,139 | €47,386 | +€18,246 | +62.6% |
| Land and buildings | 22 | €24,789 | €24,789 | = | 0.0% |
| Plant, machinery and equipment | 23 | €4,350 | €4,350 | = | 0.0% |
| Furniture and vehicles | 24 | - | €18,246 | +€18,246 | |
| Financial fixed assets | 28 | €69 | €69 | = | 0.0% |
| Current assets | 29/58 | €9,532 | €7,228 | -€2,304 | -24.2% |
| Amounts receivable within one year | 40/41 | €2,795 | €511 | -€2,284 | -81.7% |
| Trade receivables | 40 | €2,795 | €177 | -€2,618 | -93.7% |
| Other amounts receivable | 41 | - | €334 | +€334 | |
| Cash at bank and in hand | 54/58 | €6,736 | €6,704 | -€32 | -0.5% |
| Deferred charges and accrued income | 490/1 | - | €12 | +€12 | |
| Total equity and liabilities | 10/49 | €38,740 | €54,682 | +€15,942 | +41.2% |
| Equity | 10/15 | -€81,523 | -€67,212 | +€14,311 | +17.6% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€118,707 | -€104,396 | +€14,311 | +12.1% |
| Amounts payable | 17/49 | €120,263 | €121,894 | +€1,632 | +1.4% |
| Amounts payable after more than one year | 17 | - | €13,578 | +€13,578 | |
| Financial debts | 170/4 | - | €13,578 | +€13,578 | |
| Amounts payable within one year | 42/48 | €120,263 | €108,316 | -€11,947 | -9.9% |
| Current portion of amounts payable after more than one year | 42 | - | €4,921 | +€4,921 | |
| Trade debts | 44 | €29 | €31 | +€2 | +5.6% |
| Suppliers | 440/4 | €29 | €31 | +€2 | +5.6% |
| Taxes, remuneration and social security | 45 | €2,213 | - | -€2,213 | |
| Taxes | 450/3 | €2,213 | - | -€2,213 | |
| Other amounts payable | 47/48 | €118,021 | €103,364 | -€14,657 | -12.4% |
| Remuneration, social security and pensions | 62 | €995 | €995 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,254 | +€2,254 | |
| Other operating charges | 640/8 | €4,812 | €5,299 | +€488 | +10.1% |
| Gross operating margin | 9900 | €22,220 | €23,481 | +€1,261 | +5.7% |
| Operating profit (loss) | 9901 | €16,413 | €14,933 | -€1,480 | -9.0% |
| Financial income | 75/76B | €23 | - | -€23 | |
| Recurring financial income | 75 | €23 | - | -€23 | |
| Financial charges | 65/66B | €222 | €622 | +€400 | +180.5% |
| Recurring financial charges | 65 | €222 | €622 | +€400 | +180.5% |
| Profit (loss) for the period before taxes | 9903 | €16,214 | €14,311 | -€1,904 | -11.7% |
| Profit (loss) for the period | 9904 | €16,214 | €14,311 | -€1,904 | -11.7% |
| Profit (loss) for the period to be appropriated | 9905 | €16,214 | €14,311 | -€1,904 | -11.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.