Van Biesen: 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 Biesen
Largest movements
- Current investments -€100,000
no longer reported in 2025 (was €100,000)
- Tangible fixed assets -€8,202
down €8,202 (-22.2%), from €36,994 to €28,792
of which Furniture and vehicles: -€8,077
- Cash +€8,101
up €8,101 (+14.6%), from €55,502 to €63,603
mainly Current investments (+€100,000) and Net result for the year (+€51,636)
- Receivables within one year +€4,060
up €4,060 (+251%), from €1,618 to €5,678
of which Other amounts receivable: +€2,258
- Profit (loss) carried forward -€78,363
down €78,363 (-59.9%), from €130,918 to €52,555
- Tax, wage and social debts -€11,531
down €11,531 (-36.1%), from €31,903 to €20,372
- Debts after one year -€8,171
down €8,171 (-38.8%), from €21,083 to €12,912
- Gross operating margin +€11,070
up €11,070 (+16.1%), from €68,564 to €79,634
- Taxes +€2,427
up €2,427 (+15.5%), from €15,632 to €18,059
- Financial income -€1,111
down €1,111 (-31.9%), from €3,481 to €2,370
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 | €195,744 | €98,554 | -€97,190 | -49.7% |
| Formation expenses | 20 | €309 | €53 | -€256 | -82.8% |
| Fixed assets | 21/28 | €36,994 | €28,792 | -€8,202 | -22.2% |
| Tangible fixed assets | 22/27 | €36,994 | €28,792 | -€8,202 | -22.2% |
| Plant, machinery and equipment | 23 | - | €209 | +€209 | |
| Furniture and vehicles | 24 | €32,205 | €24,128 | -€8,077 | -25.1% |
| Other tangible fixed assets | 26 | €4,789 | €4,455 | -€334 | -7.0% |
| Current assets | 29/58 | €158,441 | €69,709 | -€88,732 | -56.0% |
| Amounts receivable within one year | 40/41 | €1,618 | €5,678 | +€4,060 | +251% |
| Trade receivables | 40 | €1,618 | €3,420 | +€1,802 | +111% |
| Other amounts receivable | 41 | - | €2,258 | +€2,258 | |
| Current investments | 50/53 | €100,000 | - | -€100,000 | |
| Cash at bank and in hand | 54/58 | €55,502 | €63,603 | +€8,101 | +14.6% |
| Deferred charges and accrued income | 490/1 | €1,321 | €428 | -€893 | -67.6% |
| Total equity and liabilities | 10/49 | €195,744 | €98,554 | -€97,190 | -49.7% |
| Equity | 10/15 | €133,418 | €55,055 | -€78,363 | -58.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €130,918 | €52,555 | -€78,363 | -59.9% |
| Amounts payable | 17/49 | €62,326 | €43,499 | -€18,827 | -30.2% |
| Amounts payable after more than one year | 17 | €21,083 | €12,912 | -€8,171 | -38.8% |
| Financial debts | 170/4 | €21,083 | €12,912 | -€8,171 | -38.8% |
| Amounts payable within one year | 42/48 | €40,768 | €30,157 | -€10,611 | -26.0% |
| Current portion of amounts payable after more than one year | 42 | €7,838 | €8,171 | +€333 | +4.2% |
| Trade debts | 44 | €681 | €1,292 | +€611 | +89.7% |
| Suppliers | 440/4 | €681 | €1,292 | +€611 | +89.7% |
| Taxes, remuneration and social security | 45 | €31,903 | €20,372 | -€11,531 | -36.1% |
| Taxes | 450/3 | €31,903 | €20,372 | -€11,531 | -36.1% |
| Other amounts payable | 47/48 | €346 | €322 | -€24 | -6.9% |
| Accrued charges and deferred income | 492/3 | €475 | €430 | -€45 | -9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,815 | €10,284 | +€469 | +4.8% |
| Other operating charges | 640/8 | €784 | €699 | -€85 | -10.8% |
| Gross operating margin | 9900 | €68,564 | €79,634 | +€11,070 | +16.1% |
| Operating profit (loss) | 9901 | €57,965 | €68,651 | +€10,686 | +18.4% |
| Financial income | 75/76B | €3,481 | €2,370 | -€1,111 | -31.9% |
| Recurring financial income | 75 | €3,481 | €2,370 | -€1,111 | -31.9% |
| Financial charges | 65/66B | €1,633 | €1,326 | -€307 | -18.8% |
| Recurring financial charges | 65 | €1,633 | €1,326 | -€307 | -18.8% |
| Profit (loss) for the period before taxes | 9903 | €59,813 | €69,695 | +€9,882 | +16.5% |
| Income taxes | 67/77 | €15,632 | €18,059 | +€2,427 | +15.5% |
| Profit (loss) for the period | 9904 | €44,181 | €51,636 | +€7,455 | +16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €44,181 | €51,636 | +€7,455 | +16.9% |
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 14 October 2026 via checked.be.