VAN BALLAER: 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 BALLAER
Largest movements
- Cash -€27,801
down €27,801 (-61.2%), from €45,391 to €17,589
mainly Net result for the year (-€18,710) and Investment in fixed assets (net) (-€12,470)
- Tangible fixed assets +€3,490
up €3,490 (+15.5%), from €22,495 to €25,985
of which Furniture and vehicles: +€5,490
- Receivables within one year +€3,128
up €3,128 (+115.6%), from €2,705 to €5,833
of which Other amounts receivable: +€2,064
- Deferred charges and accrued income +€892
up €892 (+38.4%), from €2,322 to €3,214
- Profit (loss) carried forward -€18,710
down €18,710 (-77.7%), from -€24,072 to -€42,782
- Other debts -€1,610
no longer reported in 2025 (was €1,610)
- Gross operating margin -€19,032
down €19,032, from €10,814 to -€8,218
- Other operating charges -€854
down €854 (-51.7%), from €1,650 to €797
- Depreciation +€727
up €727 (+8.8%), from €8,254 to €8,981
- Financial charges -€240
down €240 (-30.6%), from €782 to €542
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 | €72,913 | €52,622 | -€20,291 | -27.8% |
| Fixed assets | 21/28 | €22,495 | €25,985 | +€3,490 | +15.5% |
| Tangible fixed assets | 22/27 | €22,495 | €25,985 | +€3,490 | +15.5% |
| Plant, machinery and equipment | 23 | €5,461 | €3,461 | -€2,000 | -36.6% |
| Furniture and vehicles | 24 | €17,034 | €22,524 | +€5,490 | +32.2% |
| Current assets | 29/58 | €50,418 | €26,637 | -€23,781 | -47.2% |
| Amounts receivable within one year | 40/41 | €2,705 | €5,833 | +€3,128 | +115.6% |
| Trade receivables | 40 | €499 | €1,563 | +€1,064 | +213.4% |
| Other amounts receivable | 41 | €2,206 | €4,270 | +€2,064 | +93.5% |
| Cash at bank and in hand | 54/58 | €45,391 | €17,589 | -€27,801 | -61.2% |
| Deferred charges and accrued income | 490/1 | €2,322 | €3,214 | +€892 | +38.4% |
| Total equity and liabilities | 10/49 | €72,913 | €52,622 | -€20,291 | -27.8% |
| Equity | 10/15 | €70,215 | €51,505 | -€18,710 | -26.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €75,695 | €75,695 | = | 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 | €73,836 | €73,836 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,072 | -€42,782 | -€18,710 | -77.7% |
| Amounts payable | 17/49 | €2,698 | €1,117 | -€1,581 | -58.6% |
| Amounts payable within one year | 42/48 | €2,698 | €1,117 | -€1,581 | -58.6% |
| Trade debts | 44 | €871 | €919 | +€48 | +5.5% |
| Suppliers | 440/4 | €871 | €919 | +€48 | +5.5% |
| Taxes, remuneration and social security | 45 | €217 | €198 | -€19 | -8.8% |
| Taxes | 450/3 | €217 | €198 | -€19 | -8.8% |
| Other amounts payable | 47/48 | €1,610 | - | -€1,610 | |
| Non-recurring operating income | 76A | €27,578 | - | -€27,578 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,254 | €8,981 | +€727 | +8.8% |
| Other operating charges | 640/8 | €1,650 | €797 | -€854 | -51.7% |
| Gross operating margin | 9900 | €10,814 | -€8,218 | -€19,032 | |
| Operating profit (loss) | 9901 | €909 | -€17,995 | -€18,905 | |
| Financial income | 75/76B | €6 | €25 | +€19 | +328.8% |
| Recurring financial income | 75 | €6 | €25 | +€19 | +328.8% |
| Financial charges | 65/66B | €782 | €542 | -€240 | -30.6% |
| Recurring financial charges | 65 | €782 | €542 | -€240 | -30.6% |
| Profit (loss) for the period before taxes | 9903 | €133 | -€18,513 | -€18,645 | |
| Income taxes | 67/77 | €217 | €198 | -€19 | -8.8% |
| Profit (loss) for the period | 9904 | -€84 | -€18,710 | -€18,626 | -22251.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€84 | -€18,710 | -€18,626 | -22251.0% |
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 7 October 2026 via checked.be.