Van Der Valk Libin: what changed
Two fiscal 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 Valk Libin
Largest movements
- Cash -€364,504
down €364,504 (-73.3%), from €496,953 to €132,449
mainly Investment in fixed assets (net) (-€252,030) and Receivables within one year (-€109,087)
- Tangible fixed assets +€252,030
new in 2025: €252,030
- Receivables within one year +€109,087
up €109,087 (+3689.9%), from €2,956 to €112,044
of which Trade receivables: +€56,794
No liability line moved by more than 1% of the balance sheet total.
- Financial income +€1,790
new in 2025: €1,790
- Gross operating margin -€1,530
down €1,530 (-204.0%), from -€750 to -€2,280
- Financial charges +€434
up €434 (+478.6%), from €91 to €525
- Depreciation +€241
up €241 (+478.0%), from €51 to €292
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 | €502,361 | €498,682 | -€3,679 | -0.7% |
| Formation expenses | 20 | €2,451 | €2,160 | -€292 | -11.9% |
| Fixed assets | 21/28 | - | €252,030 | +€252,030 | |
| Tangible fixed assets | 22/27 | - | €252,030 | +€252,030 | |
| Assets under construction and advance payments | 27 | - | €252,030 | +€252,030 | |
| Current assets | 29/58 | €499,909 | €244,493 | -€255,417 | -51.1% |
| Amounts receivable within one year | 40/41 | €2,956 | €112,044 | +€109,087 | +3689.9% |
| Trade receivables | 40 | €2,956 | €59,750 | +€56,794 | +1921.1% |
| Other amounts receivable | 41 | - | €52,294 | +€52,294 | |
| Cash at bank and in hand | 54/58 | €496,953 | €132,449 | -€364,504 | -73.3% |
| Total equity and liabilities | 10/49 | €502,361 | €498,682 | -€3,679 | -0.7% |
| Equity | 10/15 | €499,109 | €497,802 | -€1,307 | -0.3% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€891 | -€2,198 | -€1,307 | -146.6% |
| Amounts payable | 17/49 | €3,252 | €880 | -€2,372 | -72.9% |
| Amounts payable within one year | 42/48 | €3,252 | €880 | -€2,372 | -72.9% |
| Trade debts | 44 | €3,252 | €880 | -€2,372 | -72.9% |
| Suppliers | 440/4 | €3,252 | €880 | -€2,372 | -72.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51 | €292 | +€241 | +478.0% |
| Gross operating margin | 9900 | -€750 | -€2,280 | -€1,530 | -204.0% |
| Operating profit (loss) | 9901 | -€801 | -€2,572 | -€1,771 | -221.2% |
| Financial income | 75/76B | - | €1,790 | +€1,790 | |
| Recurring financial income | 75 | - | €1,790 | +€1,790 | |
| Financial charges | 65/66B | €91 | €525 | +€434 | +478.6% |
| Recurring financial charges | 65 | €91 | €525 | +€434 | +478.6% |
| Profit (loss) for the period before taxes | 9903 | -€891 | -€1,307 | -€416 | -46.6% |
| Profit (loss) for the period | 9904 | -€891 | -€1,307 | -€416 | -46.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€891 | -€1,307 | -€416 | -46.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.