VAN DE LAAR: 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 LAAR
Largest movements
- Current investments -€101,060
down €101,060 (-97.6%), from €103,560 to €2,500
- Cash -€24,240
down €24,240 (-41.0%), from €59,131 to €34,892
mainly Other debts (-€124,726) and Contributions, distributions and other (-€62,747)
- Other debts -€124,726
down €124,726 (-66.5%), from €187,526 to €62,800
- Gross operating margin -€26,852
down €26,852 (-24.6%), from €109,120 to €82,269
- Financial income +€6,527
up €6,527 (+461.0%), from €1,416 to €7,943
- Taxes -€2,663
down €2,663 (-12.3%), from €21,566 to €18,903
- Financial charges -€1,750
down €1,750 (-24.3%), from €7,204 to €5,454
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 | €193,705 | €68,612 | -€125,093 | -64.6% |
| Fixed assets | 21/28 | €3,046 | €1,583 | -€1,463 | -48.0% |
| Tangible fixed assets | 22/27 | €3,046 | €1,583 | -€1,463 | -48.0% |
| Plant, machinery and equipment | 23 | €716 | €518 | -€198 | -27.7% |
| Furniture and vehicles | 24 | €2,330 | €1,065 | -€1,265 | -54.3% |
| Current assets | 29/58 | €190,659 | €67,028 | -€123,630 | -64.8% |
| Amounts receivable within one year | 40/41 | €27,967 | €29,637 | +€1,670 | +6.0% |
| Trade receivables | 40 | €19,245 | €20,350 | +€1,105 | +5.7% |
| Other amounts receivable | 41 | €8,722 | €9,287 | +€565 | +6.5% |
| Current investments | 50/53 | €103,560 | €2,500 | -€101,060 | -97.6% |
| Cash at bank and in hand | 54/58 | €59,131 | €34,892 | -€24,240 | -41.0% |
| Total equity and liabilities | 10/49 | €193,705 | €68,612 | -€125,093 | -64.6% |
| Equity | 10/15 | €3,000 | €3,000 | = | 0.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | €3,000 | €3,000 | = | 0.0% |
| Other | 1109/19 | €3,000 | €3,000 | = | 0.0% |
| Amounts payable | 17/49 | €190,705 | €65,612 | -€125,093 | -65.6% |
| Amounts payable within one year | 42/48 | €190,705 | €65,612 | -€125,093 | -65.6% |
| Trade debts | 44 | €3,179 | €2,812 | -€367 | -11.5% |
| Suppliers | 440/4 | €3,179 | €2,812 | -€367 | -11.5% |
| Other amounts payable | 47/48 | €187,526 | €62,800 | -€124,726 | -66.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,463 | €1,463 | = | 0.0% |
| Other operating charges | 640/8 | €1,645 | €1,644 | -€1 | -0.1% |
| Gross operating margin | 9900 | €109,120 | €82,269 | -€26,852 | -24.6% |
| Operating profit (loss) | 9901 | €106,012 | €79,162 | -€26,850 | -25.3% |
| Financial income | 75/76B | €1,416 | €7,943 | +€6,527 | +461.0% |
| Recurring financial income | 75 | €1,416 | €7,943 | +€6,527 | +461.0% |
| Financial charges | 65/66B | €7,204 | €5,454 | -€1,750 | -24.3% |
| Recurring financial charges | 65 | €7,204 | €5,454 | -€1,750 | -24.3% |
| Profit (loss) for the period before taxes | 9903 | €100,224 | €81,651 | -€18,573 | -18.5% |
| Income taxes | 67/77 | €21,566 | €18,903 | -€2,663 | -12.3% |
| Profit (loss) for the period | 9904 | €78,657 | €62,747 | -€15,910 | -20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €78,657 | €62,747 | -€15,910 | -20.2% |
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 10 October 2026 via checked.be.