VAN DE VEN: 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 VEN
Largest movements
- Tangible fixed assets +€13,599
up €13,599 (+12.6%), from €107,747 to €121,346
of which Other tangible fixed assets: +€10,555
- Cash -€10,856
down €10,856 (-63.0%), from €17,219 to €6,363
mainly Contributions, distributions and other (-€34,192) and Investment in fixed assets (net) (-€33,709)
- Receivables within one year +€10,669
up €10,669 (+37.0%), from €28,809 to €39,478
of which Other amounts receivable: +€5,687
- Other debts +€23,245
up €23,245 (+88.6%), from €26,234 to €49,479
- Contributions -€18,592
no longer reported in 2025 (was €18,592)
- Trade debts +€14,933
up €14,933 (+409.1%), from €3,650 to €18,583
- Debts after one year -€8,000
no longer reported in 2025 (was €8,000)
- Gross operating margin -€2,924
down €2,924 (-5.8%), from €50,119 to €47,196
- Taxes -€1,016
down €1,016 (-10.6%), from €9,543 to €8,527
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 | €153,775 | €167,186 | +€13,412 | +8.7% |
| Fixed assets | 21/28 | €107,747 | €121,346 | +€13,599 | +12.6% |
| Tangible fixed assets | 22/27 | €107,747 | €121,346 | +€13,599 | +12.6% |
| Land and buildings | 22 | €31,420 | €30,430 | -€990 | -3.2% |
| Furniture and vehicles | 24 | - | €4,034 | +€4,034 | |
| Other tangible fixed assets | 26 | €76,327 | €86,882 | +€10,555 | +13.8% |
| Current assets | 29/58 | €46,028 | €45,841 | -€188 | -0.4% |
| Amounts receivable within one year | 40/41 | €28,809 | €39,478 | +€10,669 | +37.0% |
| Trade receivables | 40 | €25,852 | €30,834 | +€4,982 | +19.3% |
| Other amounts receivable | 41 | €2,957 | €8,644 | +€5,687 | +192.3% |
| Cash at bank and in hand | 54/58 | €17,219 | €6,363 | -€10,856 | -63.0% |
| Total equity and liabilities | 10/49 | €153,775 | €167,186 | +€13,412 | +8.7% |
| Equity | 10/15 | €112,719 | €95,624 | -€17,096 | -15.2% |
| Contributions | 10/11 | €18,592 | - | -€18,592 | |
| Reserves | 13 | €94,127 | €95,624 | +€1,496 | +1.6% |
| Distributable reserves | 133 | €94,127 | €95,624 | +€1,496 | +1.6% |
| Amounts payable | 17/49 | €41,055 | €71,563 | +€30,507 | +74.3% |
| Amounts payable after more than one year | 17 | €8,000 | - | -€8,000 | |
| Financial debts | 170/4 | €8,000 | - | -€8,000 | |
| Amounts payable within one year | 42/48 | €33,055 | €71,563 | +€38,507 | +116.5% |
| Trade debts | 44 | €3,650 | €18,583 | +€14,933 | +409.1% |
| Suppliers | 440/4 | €3,650 | €18,583 | +€14,933 | +409.1% |
| Taxes, remuneration and social security | 45 | €3,171 | €3,500 | +€329 | +10.4% |
| Taxes | 450/3 | €3,171 | €3,500 | +€329 | +10.4% |
| Other amounts payable | 47/48 | €26,234 | €49,479 | +€23,245 | +88.6% |
| Non-recurring operating income | 76A | €3,719 | - | -€3,719 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,796 | €20,110 | +€314 | +1.6% |
| Other operating charges | 640/8 | €1,373 | €1,297 | -€76 | -5.5% |
| Gross operating margin | 9900 | €50,119 | €47,196 | -€2,924 | -5.8% |
| Operating profit (loss) | 9901 | €28,950 | €25,788 | -€3,162 | -10.9% |
| Financial income | 75/76B | €348 | - | -€348 | |
| Recurring financial income | 75 | €348 | - | -€348 | |
| Financial charges | 65/66B | €160 | €164 | +€4 | +2.5% |
| Recurring financial charges | 65 | €160 | €164 | +€4 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €29,137 | €25,623 | -€3,514 | -12.1% |
| Income taxes | 67/77 | €9,543 | €8,527 | -€1,016 | -10.6% |
| Profit (loss) for the period | 9904 | €19,594 | €17,097 | -€2,497 | -12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,594 | €17,097 | -€2,497 | -12.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.