VAN CAMP I.: 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 I.
Largest movements
- Cash +€24,338
up €24,338 (+165.7%), from €14,685 to €39,024
mainly Net result for the year (+€26,942) and Other debts (+€5,979)
- Tangible fixed assets +€2,003
up €2,003 (+22.1%), from €9,041 to €11,044
of which Furniture and vehicles: +€1,416
- Reserves +€20,942
up €20,942 (+17.1%), from €122,806 to €143,748
- Other debts +€5,979
up €5,979 (+28417.1%), from €21 to €6,000
- Trade debts -€2,566
down €2,566 (-62.1%), from €4,131 to €1,565
- Tax, wage and social debts +€2,135
up €2,135 (+113.6%), from €1,880 to €4,015
- Gross operating margin +€18,702
up €18,702 (+82.8%), from €22,578 to €41,279
- Financial income -€8,626
down €8,626 (-97.3%), from €8,869 to €243
- Depreciation +€2,133
up €2,133 (+148.9%), from €1,432 to €3,566
- Taxes +€1,254
up €1,254 (+13.4%), from €9,381 to €10,635
- Financial charges -€415
down €415 (-83.1%), from €499 to €84
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 | €128,839 | €155,329 | +€26,490 | +20.6% |
| Fixed assets | 21/28 | €9,041 | €11,044 | +€2,003 | +22.1% |
| Tangible fixed assets | 22/27 | €9,041 | €11,044 | +€2,003 | +22.1% |
| Plant, machinery and equipment | 23 | €2,256 | €1,436 | -€819 | -36.3% |
| Furniture and vehicles | 24 | €6,786 | €8,202 | +€1,416 | +20.9% |
| Other tangible fixed assets | 26 | - | €1,406 | +€1,406 | |
| Current assets | 29/58 | €119,798 | €144,285 | +€24,487 | +20.4% |
| Amounts receivable within one year | 40/41 | €4,702 | €3,517 | -€1,185 | -25.2% |
| Other amounts receivable | 41 | €4,702 | €3,517 | -€1,185 | -25.2% |
| Current investments | 50/53 | €85,941 | €86,089 | +€148 | +0.2% |
| Cash at bank and in hand | 54/58 | €14,685 | €39,024 | +€24,338 | +165.7% |
| Deferred charges and accrued income | 490/1 | €14,469 | €15,655 | +€1,186 | +8.2% |
| Total equity and liabilities | 10/49 | €128,839 | €155,329 | +€26,490 | +20.6% |
| Equity | 10/15 | €122,807 | €143,749 | +€20,942 | +17.1% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €122,806 | €143,748 | +€20,942 | +17.1% |
| Distributable reserves | 133 | €122,806 | €143,748 | +€20,942 | +17.1% |
| Amounts payable | 17/49 | €6,032 | €11,580 | +€5,548 | +92.0% |
| Amounts payable within one year | 42/48 | €6,032 | €11,580 | +€5,548 | +92.0% |
| Trade debts | 44 | €4,131 | €1,565 | -€2,566 | -62.1% |
| Suppliers | 440/4 | €4,131 | €1,565 | -€2,566 | -62.1% |
| Taxes, remuneration and social security | 45 | €1,880 | €4,015 | +€2,135 | +113.6% |
| Taxes | 450/3 | €1,880 | €4,015 | +€2,135 | +113.6% |
| Other amounts payable | 47/48 | €21 | €6,000 | +€5,979 | +28417.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,432 | €3,566 | +€2,133 | +148.9% |
| Other operating charges | 640/8 | €342 | €295 | -€47 | -13.7% |
| Gross operating margin | 9900 | €22,578 | €41,279 | +€18,702 | +82.8% |
| Operating profit (loss) | 9901 | €20,803 | €37,418 | +€16,615 | +79.9% |
| Financial income | 75/76B | €8,869 | €243 | -€8,626 | -97.3% |
| Recurring financial income | 75 | €8,869 | €243 | -€8,626 | -97.3% |
| Financial charges | 65/66B | €499 | €84 | -€415 | -83.1% |
| Recurring financial charges | 65 | €499 | €84 | -€415 | -83.1% |
| Profit (loss) for the period before taxes | 9903 | €29,173 | €37,577 | +€8,404 | +28.8% |
| Income taxes | 67/77 | €9,381 | €10,635 | +€1,254 | +13.4% |
| Profit (loss) for the period | 9904 | €19,792 | €26,942 | +€7,150 | +36.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,792 | €26,942 | +€7,150 | +36.1% |
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 12 October 2026 via checked.be.