VAN DER AA: what changed
What changed
VAN DER AA
NACE 43.990, Other specialised construction activities
filed annual accounts (NBB)
Net result for the year
€68,808
2024 · €105,299-€36,491
Equity
€687,638
2024 · €716,330-€28,692
Cash
€248,237
2024 · €211,714+€36,523
Balance sheet total
€1.1m
2024 · €1.1m+€14,862
Largest movements
Assets
- Receivables within one year -€49,097
down €49,097 (-20.6%), from €238,815 to €189,718
of which Trade receivables: -€33,735
- Cash +€36,523
up €36,523 (+17.3%), from €211,714 to €248,237
mainly Depreciation (+€81,657) and Net result for the year (+€68,808)
- Tangible fixed assets +€23,737
up €23,737 (+4.0%), from €594,966 to €618,703
of which Furniture and vehicles: +€59,454
Equity and liabilities
- Other debts +€45,300
up €45,300 (+4,118%), from €1,100 to €46,400
- Reserves -€28,692
down €28,692 (-4.0%), from €710,130 to €681,438
- Current portion of long-term debt -€15,845
down €15,845 (-29.4%), from €53,867 to €38,022
Income statement
- Staff costs +€83,106
up €83,106 (+45.2%), from €183,920 to €267,026
- Gross operating margin +€26,325
up €26,325 (+6.2%), from €422,352 to €448,678
- Taxes -€18,110
down €18,110 (-41.6%), from €43,506 to €25,396
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€105,299
Gross operating margin
+€26,325
Staff costs
-€83,106
Depreciation
+€130
Other operating charges
+€1,052
Other operating items
+€391
Financial income
+€300
Financial charges
+€307
Taxes
+€18,110
Result 2025
€68,808
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€257,230
Investment
-€105,394
Financing
-€115,313
Cash 2024
€211,714
From operations (derived)
+€257,230
Net result for the year
+€68,808
Depreciation
+€81,657
Receivables within one year
+€49,097
Deferred charges and accrued income
-€3,699
Trade debts
+€5,838
Tax, wage and social debts
+€10,028
Smaller working-capital items
+€200
Other debts
+€45,300
Investment (derived)
-€105,394
Investment in fixed assets (net)
-€105,394
Financing
-€115,313
Debts after one year
-€1,968
Current portion of long-term debt
-€15,845
Contributions, distributions and other
-€97,500
Cash 2025
€248,237
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,063,463 | €1,078,325 | +€14,862 | +1.4% |
| Fixed assets | 21/28 | €594,966 | €618,703 | +€23,737 | +4.0% |
| Tangible fixed assets | 22/27 | €594,966 | €618,703 | +€23,737 | +4.0% |
| Land and buildings | 22 | €311,017 | €300,516 | -€10,501 | -3.4% |
| Plant, machinery and equipment | 23 | €73,744 | €60,742 | -€13,002 | -17.6% |
| Furniture and vehicles | 24 | €91,346 | €150,800 | +€59,454 | +65.1% |
| Leasing and similar rights | 25 | €27,594 | €22,995 | -€4,599 | -16.7% |
| Other tangible fixed assets | 26 | €91,266 | €83,650 | -€7,616 | -8.3% |
| Current assets | 29/58 | €468,497 | €459,622 | -€8,875 | -1.9% |
| Stocks and contracts in progress | 3 | €6,202 | €6,202 | = | 0.0% |
| Stocks | 30/36 | €6,202 | €6,202 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €238,815 | €189,718 | -€49,097 | -20.6% |
| Trade receivables | 40 | €50,356 | €16,620 | -€33,735 | -67.0% |
| Other amounts receivable | 41 | €188,460 | €173,098 | -€15,362 | -8.2% |
| Cash at bank and in hand | 54/58 | €211,714 | €248,237 | +€36,523 | +17.3% |
| Deferred charges and accrued income | 490/1 | €11,765 | €15,465 | +€3,699 | +31.4% |
| Total equity and liabilities | 10/49 | €1,063,463 | €1,078,325 | +€14,862 | +1.4% |
| Equity | 10/15 | €716,330 | €687,638 | -€28,692 | -4.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €710,130 | €681,438 | -€28,692 | -4.0% |
| Distributable reserves | 133 | €710,130 | €681,438 | -€28,692 | -4.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €347,132 | €390,686 | +€43,554 | +12.5% |
| Amounts payable after more than one year | 17 | €278,941 | €276,973 | -€1,968 | -0.7% |
| Financial debts | 170/4 | €278,941 | €276,973 | -€1,968 | -0.7% |
| Amounts payable within one year | 42/48 | €67,990 | €113,561 | +€45,571 | +67.0% |
| Current portion of amounts payable after more than one year | 42 | €53,867 | €38,022 | -€15,845 | -29.4% |
| Trade debts | 44 | €4,750 | €10,589 | +€5,838 | +123% |
| Suppliers | 440/4 | €4,750 | €10,589 | +€5,838 | +123% |
| Advances received on contracts in progress | 46 | - | €250 | +€250 | |
| Taxes, remuneration and social security | 45 | €8,272 | €18,300 | +€10,028 | +121% |
| Taxes | 450/3 | €8,272 | €4,875 | -€3,397 | -41.1% |
| Remuneration and social security | 454/9 | - | €13,425 | +€13,425 | |
| Other amounts payable | 47/48 | €1,100 | €46,400 | +€45,300 | +4,118% |
| Accrued charges and deferred income | 492/3 | €202 | €152 | -€50 | -24.6% |
| Non-recurring operating income | 76A | €5,000 | €6,921 | +€1,921 | +38.4% |
| Remuneration, social security and pensions | 62 | €183,920 | €267,026 | +€83,106 | +45.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,787 | €81,657 | -€130 | -0.2% |
| Other operating charges | 640/8 | €6,865 | €5,813 | -€1,052 | -15.3% |
| Non-recurring operating charges | 66A | €391 | €0 | -€391 | -100% |
| Gross operating margin | 9900 | €422,352 | €448,678 | +€26,325 | +6.2% |
| Operating profit (loss) | 9901 | €149,389 | €94,181 | -€55,208 | -37.0% |
| Financial income | 75/76B | €5,937 | €6,238 | +€300 | +5.1% |
| Recurring financial income | 75 | €5,937 | €6,238 | +€300 | +5.1% |
| Financial charges | 65/66B | €6,522 | €6,215 | -€307 | -4.7% |
| Recurring financial charges | 65 | €6,522 | €6,215 | -€307 | -4.7% |
| Profit (loss) for the period before taxes | 9903 | €148,805 | €94,204 | -€54,601 | -36.7% |
| Income taxes | 67/77 | €43,506 | €25,396 | -€18,110 | -41.6% |
| Profit (loss) for the period | 9904 | €105,299 | €68,808 | -€36,491 | -34.7% |
| Profit (loss) for the period to be appropriated | 9905 | €105,299 | €68,808 | -€36,491 | -34.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.