VAN ALPHEN: 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
VAN ALPHEN
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€35,679
2023 · €6,654+€29,024
Equity
€1.3m
2023 · €1.3m+€20,603
Cash
€39,770
2023 · €25,469+€14,301
Balance sheet total
€2.1m
2023 · €2.1m-€30,436
Largest movements
Assets
- Tangible fixed assets -€60,832
down €60,832 (-3.6%), from €1.7m to €1.6m
of which Land and buildings: -€60,886
Equity and liabilities
- Profit (loss) carried forward +€35,679
up €35,679 (+64.5%), from -€55,352 to -€19,673
- Trade debts -€27,871
down €27,871 (-75.4%), from €36,985 to €9,113
Income statement
- Gross operating margin +€29,898
up €29,898 (+166.9%), from €17,914 to €47,812
- Provisions +€1,683
up €1,683 (+11.9%), from -€14,120 to -€12,437
- Financial income +€1,022
up €1,022 (+1.1%), from €88,994 to €90,017
From the 2023 result to the 2024 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
€6,654
Gross operating margin
+€29,898
Depreciation
-€123
Provisions
-€1,683
Other operating charges
-€176
Financial income
+€1,022
Financial charges
+€86
Result 2024
€35,679
Cash bridge derived
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
+€44,082
Investment
-€3,314
Financing
-€26,468
Cash 2023
€25,469
From operations (derived)
+€44,082
Net result for the year
+€35,679
Depreciation
+€64,145
Receivables within one year
-€1
Deferred charges and accrued income
-€16,094
Provisions
-€16,530
Trade debts
-€27,871
Other debts
+€4,754
Investment (derived)
-€3,314
Investment in fixed assets (net)
-€3,314
Financing
-€26,468
Debts after one year
-€11,546
Current portion of long-term debt
+€154
Contributions, distributions and other
-€15,075
Cash 2024
€39,770
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,140,099 | €2,109,662 | -€30,436 | -1.4% |
| Fixed assets | 21/28 | €2,114,625 | €2,053,793 | -€60,832 | -2.9% |
| Tangible fixed assets | 22/27 | €1,699,601 | €1,638,769 | -€60,832 | -3.6% |
| Land and buildings | 22 | €1,691,684 | €1,630,798 | -€60,886 | -3.6% |
| Plant, machinery and equipment | 23 | €7,917 | €7,971 | +€54 | +0.7% |
| Financial fixed assets | 28 | €415,024 | €415,024 | = | 0.0% |
| Current assets | 29/58 | €25,474 | €55,869 | +€30,395 | +119.3% |
| Amounts receivable within one year | 40/41 | €4 | €5 | +€1 | +15.4% |
| Other amounts receivable | 41 | €4 | €5 | +€1 | +15.4% |
| Cash at bank and in hand | 54/58 | €25,469 | €39,770 | +€14,301 | +56.1% |
| Deferred charges and accrued income | 490/1 | - | €16,094 | +€16,094 | |
| Total equity and liabilities | 10/49 | €2,140,099 | €2,109,662 | -€30,436 | -1.4% |
| Equity | 10/15 | €1,320,225 | €1,340,828 | +€20,603 | +1.6% |
| Contributions | 10/11 | €88,618 | €80,562 | -€8,056 | -9.1% |
| Capital | 10 | - | €80,562 | +€80,562 | |
| Issued capital | 100 | - | €80,562 | +€80,562 | |
| Reserves | 13 | €1,286,958 | €1,279,939 | -€7,019 | -0.5% |
| Non-distributable reserves | 130/1 | - | €8,056 | +€8,056 | |
| Legal reserve | 130 | - | €8,056 | +€8,056 | |
| Tax-exempt reserves | 132 | €376,413 | €361,337 | -€15,075 | -4.0% |
| Distributable reserves | 133 | €910,546 | €910,546 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,352 | -€19,673 | +€35,679 | +64.5% |
| Provisions and deferred taxes | 16 | €414,141 | €397,611 | -€16,530 | -4.0% |
| Provisions for liabilities and charges | 160/5 | €286,805 | €274,368 | -€12,437 | -4.3% |
| Other liabilities and charges | 164/5 | €286,805 | €274,368 | -€12,437 | -4.3% |
| Deferred taxes | 168 | €127,336 | €123,243 | -€4,093 | -3.2% |
| Amounts payable | 17/49 | €405,733 | €371,223 | -€34,510 | -8.5% |
| Amounts payable after more than one year | 17 | €312,003 | €300,456 | -€11,546 | -3.7% |
| Financial debts | 170/4 | €311,784 | €300,237 | -€11,546 | -3.7% |
| Other amounts payable | 178/9 | €219 | €219 | = | 0.0% |
| Amounts payable within one year | 42/48 | €93,730 | €70,767 | -€22,963 | -24.5% |
| Current portion of amounts payable after more than one year | 42 | €11,393 | €11,547 | +€154 | +1.4% |
| Trade debts | 44 | €36,985 | €9,113 | -€27,871 | -75.4% |
| Suppliers | 440/4 | €36,985 | €9,113 | -€27,871 | -75.4% |
| Other amounts payable | 47/48 | €45,352 | €50,106 | +€4,754 | +10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,022 | €64,145 | +€123 | +0.2% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€14,120 | -€12,437 | +€1,683 | +11.9% |
| Other operating charges | 640/8 | €1,912 | €2,088 | +€176 | +9.2% |
| Gross operating margin | 9900 | €17,914 | €47,812 | +€29,898 | +166.9% |
| Operating profit (loss) | 9901 | -€33,900 | -€5,985 | +€27,916 | +82.3% |
| Financial income | 75/76B | €88,994 | €90,017 | +€1,022 | +1.1% |
| Recurring financial income | 75 | €88,994 | €90,017 | +€1,022 | +1.1% |
| Financial charges | 65/66B | €67,608 | €67,521 | -€86 | -0.1% |
| Recurring financial charges | 65 | €67,608 | €67,521 | -€86 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | -€12,514 | €16,510 | +€29,024 | |
| Transfer from deferred taxes | 780 | €15,075 | €15,075 | = | 0.0% |
| Income taxes | 67/77 | -€4,093 | -€4,093 | = | 0.0% |
| Profit (loss) for the period | 9904 | €6,654 | €35,679 | +€29,024 | +436.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,654 | €35,679 | +€29,024 | +436.2% |
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 8 October 2026 via checked.be.