VAN CAMP: 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 CAMP
Largest movements
- Receivables within one year -€78,252
down €78,252 (-57.1%), from €137,120 to €58,868
of which Trade receivables: -€84,604
- Cash +€30,940
up €30,940 (+109%), from €28,270 to €59,210
mainly Receivables within one year (+€78,252) and Depreciation (+€27,966)
- Tangible fixed assets -€22,417
down €22,417 (-20.2%), from €110,817 to €88,400
of which Furniture and vehicles: -€19,888
- Stocks and contracts -€11,567
down €11,567 (-12.3%), from €93,897 to €82,330
- Trade debts -€28,796
down €28,796 (-37.7%), from €76,446 to €47,649
- Debts after one year -€24,691
down €24,691 (-43.8%), from €56,406 to €31,715
- Tax, wage and social debts -€19,490
down €19,490 (-52.0%), from €37,450 to €17,961
of which Taxes: -€15,228
- Advances received -€5,702
down €5,702 (-91.9%), from €6,202 to €500
- Staff costs -€17,780
down €17,780 (-10.8%), from €164,689 to €146,909
- Gross operating margin -€11,052
down €11,052 (-5.9%), from €186,672 to €175,620
- Depreciation +€6,216
up €6,216 (+28.6%), from €21,750 to €27,966
- Financial charges +€5,165
up €5,165 (+182%), from €2,840 to €8,005
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €381,741 | €301,878 | -€79,863 | -20.9% |
| Fixed assets | 21/28 | €112,832 | €90,415 | -€22,417 | -19.9% |
| Tangible fixed assets | 22/27 | €110,817 | €88,400 | -€22,417 | -20.2% |
| Furniture and vehicles | 24 | €100,055 | €80,167 | -€19,888 | -19.9% |
| Other tangible fixed assets | 26 | €10,762 | €8,233 | -€2,529 | -23.5% |
| Financial fixed assets | 28 | €2,015 | €2,015 | = | 0.0% |
| Current assets | 29/58 | €268,909 | €211,463 | -€57,446 | -21.4% |
| Stocks and contracts in progress | 3 | €93,897 | €82,330 | -€11,567 | -12.3% |
| Stocks | 30/36 | €93,897 | €82,330 | -€11,567 | -12.3% |
| Amounts receivable within one year | 40/41 | €137,120 | €58,868 | -€78,252 | -57.1% |
| Trade receivables | 40 | €129,834 | €45,231 | -€84,604 | -65.2% |
| Other amounts receivable | 41 | €7,285 | €13,637 | +€6,351 | +87.2% |
| Cash at bank and in hand | 54/58 | €28,270 | €59,210 | +€30,940 | +109% |
| Deferred charges and accrued income | 490/1 | €9,622 | €11,055 | +€1,433 | +14.9% |
| Total equity and liabilities | 10/49 | €381,741 | €301,878 | -€79,863 | -20.9% |
| Equity | 10/15 | €178,873 | €179,015 | +€143 | +0.1% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €127,324 | €127,324 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €13,838 | €13,838 | = | 0.0% |
| Distributable reserves | 133 | €113,485 | €113,485 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,562 | €20,705 | +€143 | +0.7% |
| Amounts payable | 17/49 | €202,868 | €122,862 | -€80,006 | -39.4% |
| Amounts payable after more than one year | 17 | €56,406 | €31,715 | -€24,691 | -43.8% |
| Financial debts | 170/4 | €56,406 | €31,715 | -€24,691 | -43.8% |
| Amounts payable within one year | 42/48 | €144,690 | €91,147 | -€53,543 | -37.0% |
| Current portion of amounts payable after more than one year | 42 | €24,246 | €24,691 | +€445 | +1.8% |
| Trade debts | 44 | €76,446 | €47,649 | -€28,796 | -37.7% |
| Suppliers | 440/4 | €76,446 | €47,649 | -€28,796 | -37.7% |
| Advances received on contracts in progress | 46 | €6,202 | €500 | -€5,702 | -91.9% |
| Taxes, remuneration and social security | 45 | €37,450 | €17,961 | -€19,490 | -52.0% |
| Taxes | 450/3 | €18,799 | €3,572 | -€15,228 | -81.0% |
| Remuneration and social security | 454/9 | €18,651 | €14,389 | -€4,262 | -22.9% |
| Other amounts payable | 47/48 | €346 | €346 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,771 | €0 | -€1,771 | -100% |
| Remuneration, social security and pensions | 62 | €164,689 | €146,909 | -€17,780 | -10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,750 | €27,966 | +€6,216 | +28.6% |
| Other operating charges | 640/8 | €1,762 | €1,619 | -€143 | -8.1% |
| Gross operating margin | 9900 | €186,672 | €175,620 | -€11,052 | -5.9% |
| Operating profit (loss) | 9901 | -€1,528 | -€873 | +€655 | +42.9% |
| Financial income | 75/76B | €8,493 | €9,573 | +€1,080 | +12.7% |
| Recurring financial income | 75 | €8,493 | €9,573 | +€1,080 | +12.7% |
| Financial charges | 65/66B | €2,840 | €8,005 | +€5,165 | +182% |
| Recurring financial charges | 65 | €2,840 | €8,005 | +€5,165 | +182% |
| Profit (loss) for the period before taxes | 9903 | €4,126 | €695 | -€3,431 | -83.2% |
| Income taxes | 67/77 | €209 | €552 | +€343 | +164% |
| Profit (loss) for the period | 9904 | €3,917 | €143 | -€3,774 | -96.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,917 | €143 | -€3,774 | -96.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.