Van De Kar: 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 De Kar
Largest movements
- Cash +€123,073
up €123,073 (+33.1%), from €372,286 to €495,359
mainly Net result for the year (+€318,412) and Depreciation (+€27,141)
- Tangible fixed assets +€80,545
up €80,545 (+32.4%), from €248,692 to €329,238
of which Furniture and vehicles: +€93,516
- Profit (loss) carried forward +€318,412
up €318,412 (+39.5%), from €806,822 to €1.1m
- Other debts -€119,595
down €119,595 (-9.9%), from €1.2m to €1.1m
- Gross operating margin +€29,628
up €29,628 (+40.9%), from €72,474 to €102,102
- Depreciation +€20,702
up €20,702 (+322%), from €6,439 to €27,141
- Staff costs -€7,657
down €7,657 (-12.1%), from €63,026 to €55,368
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 | €2,024,084 | €2,230,753 | +€206,670 | +10.2% |
| Formation expenses | 20 | €551 | €551 | = | 0.0% |
| Fixed assets | 21/28 | €1,632,756 | €1,713,302 | +€80,545 | +4.9% |
| Tangible fixed assets | 22/27 | €248,692 | €329,238 | +€80,545 | +32.4% |
| Land and buildings | 22 | €174,987 | €232,976 | +€57,989 | +33.1% |
| Plant, machinery and equipment | 23 | €1,781 | €992 | -€789 | -44.3% |
| Furniture and vehicles | 24 | €1,754 | €95,270 | +€93,516 | +5,331% |
| Assets under construction and advance payments | 27 | €70,170 | €0 | -€70,170 | -100% |
| Financial fixed assets | 28 | €1,384,064 | €1,384,064 | = | 0.0% |
| Current assets | 29/58 | €390,776 | €516,901 | +€126,125 | +32.3% |
| Amounts receivable within one year | 40/41 | €18,490 | €21,542 | +€3,052 | +16.5% |
| Trade receivables | 40 | €8,419 | €0 | -€8,419 | -100% |
| Other amounts receivable | 41 | €10,071 | €21,542 | +€11,471 | +114% |
| Cash at bank and in hand | 54/58 | €372,286 | €495,359 | +€123,073 | +33.1% |
| Total equity and liabilities | 10/49 | €2,024,084 | €2,230,753 | +€206,670 | +10.2% |
| Equity | 10/15 | €807,822 | €1,126,234 | +€318,412 | +39.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €806,822 | €1,125,234 | +€318,412 | +39.5% |
| Amounts payable | 17/49 | €1,216,261 | €1,104,520 | -€111,742 | -9.2% |
| Amounts payable within one year | 42/48 | €1,216,261 | €1,104,520 | -€111,742 | -9.2% |
| Trade debts | 44 | €206 | €3,593 | +€3,387 | +1,644% |
| Suppliers | 440/4 | €206 | €3,593 | +€3,387 | +1,644% |
| Taxes, remuneration and social security | 45 | €5,063 | €9,529 | +€4,466 | +88.2% |
| Taxes | 450/3 | €273 | €2,071 | +€1,798 | +658% |
| Remuneration and social security | 454/9 | €4,790 | €7,457 | +€2,668 | +55.7% |
| Other amounts payable | 47/48 | €1,210,992 | €1,091,398 | -€119,595 | -9.9% |
| Non-recurring operating income | 76A | - | €13,636 | +€13,636 | |
| Remuneration, social security and pensions | 62 | €63,026 | €55,368 | -€7,657 | -12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,439 | €27,141 | +€20,702 | +322% |
| Other operating charges | 640/8 | €1,910 | €2,338 | +€428 | +22.4% |
| Gross operating margin | 9900 | €72,474 | €102,102 | +€29,628 | +40.9% |
| Operating profit (loss) | 9901 | €1,100 | €17,255 | +€16,155 | +1,468% |
| Financial income | 75/76B | €301,299 | €301,488 | +€189 | +0.1% |
| Recurring financial income | 75 | €301,299 | €301,488 | +€189 | +0.1% |
| Financial charges | 65/66B | €367 | €59 | -€308 | -83.9% |
| Recurring financial charges | 65 | €367 | €59 | -€308 | -83.9% |
| Profit (loss) for the period before taxes | 9903 | €302,033 | €318,684 | +€16,651 | +5.5% |
| Income taxes | 67/77 | €74 | €273 | +€198 | +268% |
| Profit (loss) for the period | 9904 | €301,959 | €318,412 | +€16,453 | +5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €301,959 | €318,412 | +€16,453 | +5.4% |
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.