VAN AS AUTOMOBILE: what changed
VAN AS AUTOMOBILE
Largest movements
- Receivables within one year +€34,472
up €34,472 (+686%), from €5,024 to €39,496
of which Trade receivables: +€36,542
- Stocks and contracts -€29,500
down €29,500 (-86.8%), from €34,000 to €4,500
- Intangible fixed assets +€19,589
new in 2025: €19,589
- Tangible fixed assets +€13,264
up €13,264 (+279%), from €4,757 to €18,021
of which Furniture and vehicles: +€13,264
- Cash +€8,140
up €8,140 (+230%), from €3,546 to €11,686
mainly Stocks and contracts (+€29,500) and Trade debts (+€27,690)
- Profit (loss) carried forward -€27,697
down €27,697 (-35.5%), from -€78,056 to -€105,753
- Trade debts +€27,690
up €27,690 (+38,770%), from €71 to €27,761
- Advances received +€25,000
new in 2025: €25,000
- Other debts +€20,313
up €20,313 (+38.9%), from €52,280 to €72,593
- Tax, wage and social debts +€3,880
up €3,880 (+3,880%), from €100 to €3,980
of which Remuneration and social security: +€2,721
- Staff costs +€12,680
new in 2025: €12,680
- Financial income -€6,633
down €6,633 (-100%), from €6,633 to €0
- Gross operating margin +€3,068
up €3,068 (+25.6%), from -€11,974 to -€8,906
- Depreciation +€1,620
up €1,620 (+64.1%), from €2,527 to €4,147
- Other operating charges +€633
up €633 (+140%), from €450 to €1,083
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €135,795 | €184,580 | +€48,786 | +35.9% |
| Fixed assets | 21/28 | €91,245 | €124,097 | +€32,853 | +36.0% |
| Intangible fixed assets | 21 | - | €19,589 | +€19,589 | |
| Tangible fixed assets | 22/27 | €4,757 | €18,021 | +€13,264 | +279% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €4,757 | €18,021 | +€13,264 | +279% |
| Financial fixed assets | 28 | €86,487 | €86,487 | = | 0.0% |
| Current assets | 29/58 | €44,550 | €60,483 | +€15,933 | +35.8% |
| Stocks and contracts in progress | 3 | €34,000 | €4,500 | -€29,500 | -86.8% |
| Stocks | 30/36 | €34,000 | €4,500 | -€29,500 | -86.8% |
| Amounts receivable within one year | 40/41 | €5,024 | €39,496 | +€34,472 | +686% |
| Trade receivables | 40 | €1,863 | €38,405 | +€36,542 | +1,961% |
| Other amounts receivable | 41 | €3,161 | €1,091 | -€2,070 | -65.5% |
| Cash at bank and in hand | 54/58 | €3,546 | €11,686 | +€8,140 | +230% |
| Deferred charges and accrued income | 490/1 | €1,981 | €4,801 | +€2,821 | +142% |
| Total equity and liabilities | 10/49 | €135,795 | €184,580 | +€48,786 | +35.9% |
| Equity | 10/15 | -€65,456 | -€93,153 | -€27,697 | -42.3% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€78,056 | -€105,753 | -€27,697 | -35.5% |
| Amounts payable | 17/49 | €201,251 | €277,733 | +€76,482 | +38.0% |
| Amounts payable after more than one year | 17 | €148,000 | €148,000 | = | 0.0% |
| Other amounts payable | 178/9 | €148,000 | €148,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €52,451 | €129,333 | +€76,882 | +147% |
| Trade debts | 44 | €71 | €27,761 | +€27,690 | +38,770% |
| Suppliers | 440/4 | €71 | €27,761 | +€27,690 | +38,770% |
| Advances received on contracts in progress | 46 | - | €25,000 | +€25,000 | |
| Taxes, remuneration and social security | 45 | €100 | €3,980 | +€3,880 | +3,880% |
| Taxes | 450/3 | €100 | €1,259 | +€1,159 | +1,159% |
| Remuneration and social security | 454/9 | - | €2,721 | +€2,721 | |
| Other amounts payable | 47/48 | €52,280 | €72,593 | +€20,313 | +38.9% |
| Accrued charges and deferred income | 492/3 | €800 | €400 | -€400 | -50.0% |
| Remuneration, social security and pensions | 62 | - | €12,680 | +€12,680 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,527 | €4,147 | +€1,620 | +64.1% |
| Other operating charges | 640/8 | €450 | €1,083 | +€633 | +140% |
| Gross operating margin | 9900 | -€11,974 | -€8,906 | +€3,068 | +25.6% |
| Operating profit (loss) | 9901 | -€14,952 | -€26,816 | -€11,864 | -79.3% |
| Financial income | 75/76B | €6,633 | €0 | -€6,633 | -100% |
| Recurring financial income | 75 | €6,633 | €0 | -€6,633 | -100% |
| Financial charges | 65/66B | €773 | €845 | +€72 | +9.3% |
| Recurring financial charges | 65 | €773 | €845 | +€72 | +9.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,091 | -€27,661 | -€18,570 | -204% |
| Income taxes | 67/77 | - | €36 | +€36 | |
| Profit (loss) for the period | 9904 | -€9,091 | -€27,697 | -€18,605 | -205% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,091 | -€27,697 | -€18,605 | -205% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.