VAN DER AA BART: 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 DER AA BART
Largest movements
- Receivables within one year +€54,001
up €54,001 (+22.2%), from €243,476 to €297,477
of which Other amounts receivable: +€35,284
- Stocks and contracts -€25,613
down €25,613 (-33.2%), from €77,234 to €51,620
of which Contracts in progress: -€34,688
- Cash -€19,244
down €19,244 (-40.4%), from €47,625 to €28,382
mainly Receivables within one year (-€54,001) and Net result for the year (-€12,951)
- Tangible fixed assets -€16,523
down €16,523 (-46.3%), from €35,674 to €19,151
of which Furniture and vehicles: -€13,354
- Reserves -€12,951
down €12,951 (-4.1%), from €313,280 to €300,328
- Trade debts +€10,723
up €10,723 (+14.9%), from €72,143 to €82,866
- Tax, wage and social debts -€6,957
down €6,957 (-66.6%), from €10,452 to €3,495
of which Taxes: -€7,268
- Gross operating margin -€102,203
down €102,203 (-45.6%), from €224,288 to €122,085
- Staff costs -€23,738
down €23,738 (-18.9%), from €125,877 to €102,140
- Write-downs -€19,525
down €19,525 (-100.0%), from €19,525 to €0
- Taxes -€15,691
down €15,691 (-98.7%), from €15,897 to €206
- Depreciation -€3,142
down €3,142 (-27.0%), from €11,655 to €8,512
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 | €420,275 | €412,806 | -€7,469 | -1.8% |
| Fixed assets | 21/28 | €43,504 | €26,981 | -€16,523 | -38.0% |
| Tangible fixed assets | 22/27 | €35,674 | €19,151 | -€16,523 | -46.3% |
| Plant, machinery and equipment | 23 | €7,988 | €3,829 | -€4,159 | -52.1% |
| Furniture and vehicles | 24 | €23,821 | €10,466 | -€13,354 | -56.1% |
| Other tangible fixed assets | 26 | €3,865 | €4,856 | +€991 | +25.6% |
| Financial fixed assets | 28 | €7,830 | €7,830 | = | 0.0% |
| Current assets | 29/58 | €376,771 | €385,825 | +€9,054 | +2.4% |
| Stocks and contracts in progress | 3 | €77,234 | €51,620 | -€25,613 | -33.2% |
| Stocks | 30/36 | €42,546 | €51,620 | +€9,075 | +21.3% |
| Contracts in progress | 37 | €34,688 | €0 | -€34,688 | -100.0% |
| Amounts receivable within one year | 40/41 | €243,476 | €297,477 | +€54,001 | +22.2% |
| Trade receivables | 40 | €143,327 | €162,044 | +€18,717 | +13.1% |
| Other amounts receivable | 41 | €100,149 | €135,433 | +€35,284 | +35.2% |
| Cash at bank and in hand | 54/58 | €47,625 | €28,382 | -€19,244 | -40.4% |
| Deferred charges and accrued income | 490/1 | €8,436 | €8,346 | -€91 | -1.1% |
| Total equity and liabilities | 10/49 | €420,275 | €412,806 | -€7,469 | -1.8% |
| Equity | 10/15 | €331,880 | €318,928 | -€12,951 | -3.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €313,280 | €300,328 | -€12,951 | -4.1% |
| Distributable reserves | 133 | €313,280 | €300,328 | -€12,951 | -4.1% |
| Amounts payable | 17/49 | €88,395 | €93,878 | +€5,482 | +6.2% |
| Amounts payable within one year | 42/48 | €88,175 | €92,996 | +€4,821 | +5.5% |
| Financial debts | 43 | €5,060 | €5,044 | -€16 | -0.3% |
| Credit institutions | 430/8 | €5,060 | €5,044 | -€16 | -0.3% |
| Trade debts | 44 | €72,143 | €82,866 | +€10,723 | +14.9% |
| Suppliers | 440/4 | €72,143 | €82,866 | +€10,723 | +14.9% |
| Advances received on contracts in progress | 46 | €519 | €1,590 | +€1,071 | +206.4% |
| Taxes, remuneration and social security | 45 | €10,452 | €3,495 | -€6,957 | -66.6% |
| Taxes | 450/3 | €8,027 | €759 | -€7,268 | -90.5% |
| Remuneration and social security | 454/9 | €2,425 | €2,736 | +€311 | +12.8% |
| Accrued charges and deferred income | 492/3 | €221 | €882 | +€662 | +300.0% |
| Non-recurring operating income | 76A | €594 | €16,750 | +€16,156 | +2718.9% |
| Remuneration, social security and pensions | 62 | €125,877 | €102,140 | -€23,738 | -18.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,655 | €8,512 | -€3,142 | -27.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €19,525 | €0 | -€19,525 | -100.0% |
| Other operating charges | 640/8 | €6,952 | €6,865 | -€87 | -1.3% |
| Non-recurring operating charges | 66A | - | €10,534 | +€10,534 | |
| Gross operating margin | 9900 | €224,288 | €122,085 | -€102,203 | -45.6% |
| Operating profit (loss) | 9901 | €60,279 | -€5,965 | -€66,244 | |
| Financial income | 75/76B | €779 | €427 | -€352 | -45.2% |
| Recurring financial income | 75 | €779 | €427 | -€352 | -45.2% |
| Financial charges | 65/66B | €7,226 | €7,207 | -€19 | -0.3% |
| Recurring financial charges | 65 | €7,226 | €6,530 | -€696 | -9.6% |
| Non-recurring financial charges | 66B | - | €677 | +€677 | |
| Profit (loss) for the period before taxes | 9903 | €53,832 | -€12,745 | -€66,577 | |
| Income taxes | 67/77 | €15,897 | €206 | -€15,691 | -98.7% |
| Profit (loss) for the period | 9904 | €37,935 | -€12,951 | -€50,886 | |
| Profit (loss) for the period to be appropriated | 9905 | €37,935 | -€12,951 | -€50,886 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.