VAN.CO: 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.CO
Largest movements
- Receivables within one year +€121,124
up €121,124 (+15.0%), from €808,173 to €929,297
of which Trade receivables: +€120,176
- Profit (loss) carried forward +€91,851
up €91,851 (+16.0%), from -€572,512 to -€480,661
- Gross operating margin +€107,990
up €107,990, from -€13,710 to €94,280
- Other operating charges -€2,283
down €2,283 (-53.0%), from €4,306 to €2,023
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 | €1,794,745 | €1,915,372 | +€120,627 | +6.7% |
| Fixed assets | 21/28 | €985,151 | €985,151 | = | 0.0% |
| Tangible fixed assets | 22/27 | €984,401 | €984,401 | = | 0.0% |
| Land and buildings | 22 | €984,401 | €984,401 | = | 0.0% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €809,593 | €930,220 | +€120,627 | +14.9% |
| Amounts receivable within one year | 40/41 | €808,173 | €929,297 | +€121,124 | +15.0% |
| Trade receivables | 40 | €805,977 | €926,153 | +€120,176 | +14.9% |
| Other amounts receivable | 41 | €2,196 | €3,144 | +€948 | +43.1% |
| Cash at bank and in hand | 54/58 | €1,420 | €923 | -€497 | -35.0% |
| Total equity and liabilities | 10/49 | €1,794,745 | €1,915,372 | +€120,627 | +6.7% |
| Equity | 10/15 | €871,073 | €962,924 | +€91,851 | +10.5% |
| Contributions | 10/11 | €154,000 | €154,000 | = | 0.0% |
| Capital | 10 | €154,000 | €154,000 | = | 0.0% |
| Issued capital | 100 | €154,000 | €154,000 | = | 0.0% |
| Reserves | 13 | €1,289,585 | €1,289,585 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,400 | €15,400 | = | 0.0% |
| Legal reserve | 130 | €15,400 | €15,400 | = | 0.0% |
| Distributable reserves | 133 | €1,274,185 | €1,274,185 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€572,512 | -€480,661 | +€91,851 | +16.0% |
| Amounts payable | 17/49 | €923,672 | €952,448 | +€28,776 | +3.1% |
| Amounts payable within one year | 42/48 | €923,672 | €952,448 | +€28,776 | +3.1% |
| Trade debts | 44 | €16,436 | €32,127 | +€15,691 | +95.5% |
| Suppliers | 440/4 | €16,436 | €32,127 | +€15,691 | +95.5% |
| Other amounts payable | 47/48 | €907,236 | €920,321 | +€13,085 | +1.4% |
| Other operating charges | 640/8 | €4,306 | €2,023 | -€2,283 | -53.0% |
| Gross operating margin | 9900 | -€13,710 | €94,280 | +€107,990 | |
| Operating profit (loss) | 9901 | -€18,017 | €92,257 | +€110,274 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €222 | €274 | +€52 | +23.5% |
| Recurring financial charges | 65 | €222 | €274 | +€52 | +23.5% |
| Profit (loss) for the period before taxes | 9903 | -€18,238 | €91,983 | +€110,220 | |
| Income taxes | 67/77 | €160 | €132 | -€29 | -17.9% |
| Profit (loss) for the period | 9904 | -€18,398 | €91,851 | +€110,249 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,398 | €91,851 | +€110,249 |
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.