VAN AERSCHOT: 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 AERSCHOT
Largest movements
- Tangible fixed assets -€65,544
down €65,544 (-92.8%), from €70,599 to €5,055
of which Furniture and vehicles: -€61,935
- Receivables within one year +€43,482
up €43,482 (+22.8%), from €190,876 to €234,358
of which Trade receivables: +€36,405
- Cash -€4,771
down €4,771 (-81.4%), from €5,858 to €1,087
mainly Receivables within one year (-€43,482) and Net result for the year (-€41,698)
- Profit (loss) carried forward -€41,698
down €41,698 (-88.8%), from -€46,941 to -€88,640
- Trade debts +€14,891
up €14,891 (+509.9%), from €2,921 to €17,811
- Gross operating margin -€26,664
down €26,664, from €18,109 to -€8,554
- Depreciation -€19,824
down €19,824 (-96.8%), from €20,473 to €649
- Financial income +€851
up €851 (+39.6%), from €2,148 to €2,999
- Other operating charges -€406
down €406 (-56.2%), from €723 to €317
- Financial charges -€189
down €189 (-55.3%), from €342 to €153
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 | €267,333 | €240,500 | -€26,833 | -10.0% |
| Fixed assets | 21/28 | €70,599 | €5,055 | -€65,544 | -92.8% |
| Tangible fixed assets | 22/27 | €70,599 | €5,055 | -€65,544 | -92.8% |
| Plant, machinery and equipment | 23 | €8,664 | €5,055 | -€3,609 | -41.7% |
| Furniture and vehicles | 24 | €61,935 | - | -€61,935 | |
| Current assets | 29/58 | €196,734 | €235,445 | +€38,711 | +19.7% |
| Amounts receivable within one year | 40/41 | €190,876 | €234,358 | +€43,482 | +22.8% |
| Trade receivables | 40 | €148,498 | €184,903 | +€36,405 | +24.5% |
| Other amounts receivable | 41 | €42,378 | €49,455 | +€7,077 | +16.7% |
| Cash at bank and in hand | 54/58 | €5,858 | €1,087 | -€4,771 | -81.4% |
| Total equity and liabilities | 10/49 | €267,333 | €240,500 | -€26,833 | -10.0% |
| Equity | 10/15 | €262,634 | €220,935 | -€41,698 | -15.9% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €290,983 | €290,983 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €289,124 | €289,124 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,941 | -€88,640 | -€41,698 | -88.8% |
| Amounts payable | 17/49 | €4,699 | €19,564 | +€14,866 | +316.4% |
| Amounts payable within one year | 42/48 | €4,699 | €19,564 | +€14,866 | +316.4% |
| Trade debts | 44 | €2,921 | €17,811 | +€14,891 | +509.9% |
| Suppliers | 440/4 | €2,921 | €17,811 | +€14,891 | +509.9% |
| Taxes, remuneration and social security | 45 | €1,778 | €1,753 | -€25 | -1.4% |
| Taxes | 450/3 | €1,778 | €1,753 | -€25 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,473 | €649 | -€19,824 | -96.8% |
| Other operating charges | 640/8 | €723 | €317 | -€406 | -56.2% |
| Non-recurring operating charges | 66A | - | €33,395 | +€33,395 | |
| Gross operating margin | 9900 | €18,109 | -€8,554 | -€26,664 | |
| Operating profit (loss) | 9901 | -€3,087 | -€42,915 | -€39,828 | -1290.3% |
| Financial income | 75/76B | €2,148 | €2,999 | +€851 | +39.6% |
| Recurring financial income | 75 | €2,148 | €2,999 | +€851 | +39.6% |
| Financial charges | 65/66B | €342 | €153 | -€189 | -55.3% |
| Recurring financial charges | 65 | €342 | €153 | -€189 | -55.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,281 | -€40,068 | -€38,787 | -3028.3% |
| Income taxes | 67/77 | €1,778 | €1,630 | -€148 | -8.3% |
| Profit (loss) for the period | 9904 | -€3,059 | -€41,698 | -€38,640 | -1263.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,059 | -€41,698 | -€38,640 | -1263.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.