VAN AMMERS: 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.
VAN AMMERS
Largest movements
- Cash +€172,270
up €172,270 (+245%), from €70,336 to €242,607
mainly Net result for the year (+€182,118) and Receivables after one year (+€59,000)
- Receivables after one year -€59,000
down €59,000 (-32.1%), from €184,000 to €125,000
- Receivables within one year +€47,396
up €47,396 (+74.4%), from €63,674 to €111,069
of which Trade receivables: +€47,401
- Financial fixed assets +€33,500
up €33,500 (+1,314%), from €2,550 to €36,050
- Stocks and contracts -€13,481
down €13,481 (-14.7%), from €91,519 to €78,038
- Reserves +€110,218
up €110,218 (+31.6%), from €348,769 to €458,987
- Accrued charges and deferred income +€54,278
up €54,278 (+3,464%), from €1,567 to €55,845
- Tax, wage and social debts +€40,016
up €40,016 (+249%), from €16,050 to €56,066
of which Taxes: +€40,016
- Other debts -€33,879
down €33,879 (-99.0%), from €34,214 to €335
- Trade debts +€17,523
up €17,523 (+72.2%), from €24,277 to €41,800
- Gross operating margin +€94,662
up €94,662 (+50.5%), from €187,622 to €282,284
- Taxes +€27,418
up €27,418 (+51.8%), from €52,954 to €80,372
- Staff costs +€12,292
up €12,292 (+226%), from €5,446 to €17,738
- Depreciation +€4,828
up €4,828 (+139%), from €3,481 to €8,309
- Financial income +€2,859
up €2,859 (+45.0%), from €6,357 to €9,216
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 | €431,077 | €619,233 | +€188,156 | +43.6% |
| Fixed assets | 21/28 | €14,746 | €51,853 | +€37,107 | +252% |
| Tangible fixed assets | 22/27 | €12,196 | €15,803 | +€3,607 | +29.6% |
| Plant, machinery and equipment | 23 | €9,996 | €6,568 | -€3,427 | -34.3% |
| Furniture and vehicles | 24 | €2,201 | €9,235 | +€7,034 | +320% |
| Financial fixed assets | 28 | €2,550 | €36,050 | +€33,500 | +1,314% |
| Current assets | 29/58 | €416,331 | €567,380 | +€151,049 | +36.3% |
| Amounts receivable after more than one year | 29 | €184,000 | €125,000 | -€59,000 | -32.1% |
| Other amounts receivable | 291 | €184,000 | €125,000 | -€59,000 | -32.1% |
| Stocks and contracts in progress | 3 | €91,519 | €78,038 | -€13,481 | -14.7% |
| Stocks | 30/36 | €91,519 | €78,038 | -€13,481 | -14.7% |
| Amounts receivable within one year | 40/41 | €63,674 | €111,069 | +€47,396 | +74.4% |
| Trade receivables | 40 | €63,669 | €111,069 | +€47,401 | +74.4% |
| Other amounts receivable | 41 | €5 | €0 | -€5 | -100% |
| Cash at bank and in hand | 54/58 | €70,336 | €242,607 | +€172,270 | +245% |
| Deferred charges and accrued income | 490/1 | €6,802 | €10,666 | +€3,864 | +56.8% |
| Total equity and liabilities | 10/49 | €431,077 | €619,233 | +€188,156 | +43.6% |
| Equity | 10/15 | €354,969 | €465,187 | +€110,218 | +31.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €348,769 | €458,987 | +€110,218 | +31.6% |
| Distributable reserves | 133 | €348,769 | €458,987 | +€110,218 | +31.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €76,108 | €154,046 | +€77,938 | +102% |
| Amounts payable within one year | 42/48 | €74,541 | €98,201 | +€23,660 | +31.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €24,277 | €41,800 | +€17,523 | +72.2% |
| Suppliers | 440/4 | €24,277 | €41,800 | +€17,523 | +72.2% |
| Taxes, remuneration and social security | 45 | €16,050 | €56,066 | +€40,016 | +249% |
| Taxes | 450/3 | €16,050 | €56,066 | +€40,016 | +249% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €34,214 | €335 | -€33,879 | -99.0% |
| Accrued charges and deferred income | 492/3 | €1,567 | €55,845 | +€54,278 | +3,464% |
| Remuneration, social security and pensions | 62 | €5,446 | €17,738 | +€12,292 | +226% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,481 | €8,309 | +€4,828 | +139% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,104 | €935 | -€169 | -15.3% |
| Non-recurring operating charges | 66A | €2,663 | €0 | -€2,663 | -100% |
| Gross operating margin | 9900 | €187,622 | €282,284 | +€94,662 | +50.5% |
| Operating profit (loss) | 9901 | €174,928 | €255,301 | +€80,374 | +45.9% |
| Financial income | 75/76B | €6,357 | €9,216 | +€2,859 | +45.0% |
| Recurring financial income | 75 | €6,357 | €9,216 | +€2,859 | +45.0% |
| Financial charges | 65/66B | €2,832 | €2,027 | -€804 | -28.4% |
| Recurring financial charges | 65 | €2,832 | €2,027 | -€804 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | €178,453 | €262,490 | +€84,037 | +47.1% |
| Income taxes | 67/77 | €52,954 | €80,372 | +€27,418 | +51.8% |
| Profit (loss) for the period | 9904 | €125,499 | €182,118 | +€56,619 | +45.1% |
| Profit (loss) for the period to be appropriated | 9905 | €125,499 | €182,118 | +€56,619 | +45.1% |
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 16 October 2026 via checked.be.