VAN BOXEL Management: 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 BOXEL Management
Largest movements
- Current investments -€90,479
down €90,479 (-5.1%), from €1.8m to €1.7m
- Cash +€57,213
up €57,213 (+59.6%), from €95,990 to €153,203
mainly Current investments (+€90,479) and Net result for the year (+€76,365)
- Advances received -€150,000
down €150,000 (-36.4%), from €412,500 to €262,500
- Reserves +€76,365
up €76,365 (+2.8%), from €2.7m to €2.8m
of which Distributable reserves: +€76,365
- Gross operating margin +€49,772
up €49,772 (+57.9%), from €85,927 to €135,699
- Financial income -€20,381
down €20,381 (-19.0%), from €107,412 to €87,031
of which Financial income: -€14,634
- Depreciation -€13,576
down €13,576 (-29.1%), from €46,682 to €33,106
- Taxes +€11,440
up €11,440 (+56.2%), from €20,354 to €31,794
- Financial charges -€5,665
down €5,665 (-10.8%), from €52,607 to €46,942
of which Non-recurring financial charges: -€14,891
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 | €3,560,759 | €3,487,545 | -€73,214 | -2.1% |
| Fixed assets | 21/28 | €116,434 | €84,655 | -€31,779 | -27.3% |
| Tangible fixed assets | 22/27 | €116,434 | €84,655 | -€31,779 | -27.3% |
| Land and buildings | 22 | €23,201 | €11,539 | -€11,663 | -50.3% |
| Plant, machinery and equipment | 23 | €61,845 | €49,641 | -€12,204 | -19.7% |
| Furniture and vehicles | 24 | €13,216 | €9,873 | -€3,343 | -25.3% |
| Other tangible fixed assets | 26 | €18,171 | €13,602 | -€4,569 | -25.1% |
| Current assets | 29/58 | €3,444,325 | €3,402,890 | -€41,435 | -1.2% |
| Amounts receivable after more than one year | 29 | €1,565,000 | €1,565,000 | = | 0.0% |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €1,565,000 | €1,565,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €20,220 | €12,050 | -€8,169 | -40.4% |
| Other amounts receivable | 41 | €20,220 | €12,050 | -€8,169 | -40.4% |
| Current investments | 50/53 | €1,763,116 | €1,672,637 | -€90,479 | -5.1% |
| Cash at bank and in hand | 54/58 | €95,990 | €153,203 | +€57,213 | +59.6% |
| Total equity and liabilities | 10/49 | €3,560,759 | €3,487,545 | -€73,214 | -2.1% |
| Equity | 10/15 | €2,709,540 | €2,785,906 | +€76,365 | +2.8% |
| Contributions | 10/11 | €10,755 | €10,755 | = | 0.0% |
| Reserves | 13 | €2,698,785 | €2,775,150 | +€76,365 | +2.8% |
| Non-distributable reserves | 130/1 | €83,221 | €83,221 | = | 0.0% |
| Reserves not available under the articles | 1311 | €83,221 | €83,221 | = | 0.0% |
| Own shares acquired | 1312 | €0 | - | = | |
| Distributable reserves | 133 | €2,615,564 | €2,691,929 | +€76,365 | +2.9% |
| Amounts payable | 17/49 | €851,218 | €701,639 | -€149,579 | -17.6% |
| Amounts payable within one year | 42/48 | €850,251 | €700,641 | -€149,610 | -17.6% |
| Trade debts | 44 | €9,980 | €3,166 | -€6,814 | -68.3% |
| Suppliers | 440/4 | €9,980 | €3,166 | -€6,814 | -68.3% |
| Advances received on contracts in progress | 46 | €412,500 | €262,500 | -€150,000 | -36.4% |
| Taxes, remuneration and social security | 45 | €17,119 | €13,510 | -€3,609 | -21.1% |
| Taxes | 450/3 | €17,119 | €13,510 | -€3,609 | -21.1% |
| Other amounts payable | 47/48 | €410,652 | €421,465 | +€10,813 | +2.6% |
| Accrued charges and deferred income | 492/3 | €968 | €998 | +€31 | +3.2% |
| Remuneration, social security and pensions | 62 | €24,250 | €27,320 | +€3,071 | +12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,682 | €33,106 | -€13,576 | -29.1% |
| Other operating charges | 640/8 | €5,197 | €7,203 | +€2,006 | +38.6% |
| Gross operating margin | 9900 | €85,927 | €135,699 | +€49,772 | +57.9% |
| Operating profit (loss) | 9901 | €9,799 | €68,070 | +€58,271 | +595% |
| Financial income | 75/76B | €107,412 | €87,031 | -€20,381 | -19.0% |
| Recurring financial income | 75 | €78,309 | €63,675 | -€14,634 | -18.7% |
| Non-recurring financial income | 76B | €29,103 | €23,356 | -€5,747 | -19.7% |
| Financial charges | 65/66B | €52,607 | €46,942 | -€5,665 | -10.8% |
| Recurring financial charges | 65 | €29,510 | €38,736 | +€9,226 | +31.3% |
| Non-recurring financial charges | 66B | €23,097 | €8,206 | -€14,891 | -64.5% |
| Profit (loss) for the period before taxes | 9903 | €64,604 | €108,159 | +€43,555 | +67.4% |
| Income taxes | 67/77 | €20,354 | €31,794 | +€11,440 | +56.2% |
| Profit (loss) for the period | 9904 | €44,250 | €76,365 | +€32,116 | +72.6% |
| Profit (loss) for the period to be appropriated | 9905 | €44,250 | €76,365 | +€32,116 | +72.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.