VAN FLO: 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 FLO
Largest movements
- Receivables within one year +€60,733
up €60,733 (+21.9%), from €277,705 to €338,438
of which Other amounts receivable: +€106,940
- Profit (loss) carried forward +€139,414
up €139,414 (+497%), from €28,030 to €167,444
- Other debts -€42,500
down €42,500 (-62.0%), from €68,500 to €26,000
- Accrued charges and deferred income -€34,456
no longer reported in 2025 (was €34,456)
- Trade debts -€17,744
down €17,744 (-66.4%), from €26,730 to €8,986
of which Bills of exchange payable: -€12,493
- Tax, wage and social debts +€17,327
up €17,327 (+14.5%), from €119,819 to €137,146
of which Taxes: +€12,483
- Turnover +€185,678
up €185,678 (+50.9%), from €364,798 to €550,476
- Purchases and services +€111,526
up €111,526 (+54.5%), from €204,810 to €316,336
- Gross operating margin +€74,152
up €74,152 (+46.3%), from €159,988 to €234,140
- Taxes +€26,050
up €26,050 (+97.8%), from €26,648 to €52,698
- Staff costs -€24,458
no longer reported in 2025 (was €24,458)
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.
Derived cash bridge
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 | €296,670 | €359,665 | +€62,994 | +21.2% |
| Fixed assets | 21/28 | - | €2,337 | +€2,337 | |
| Tangible fixed assets | 22/27 | - | €2,337 | +€2,337 | |
| Furniture and vehicles | 24 | - | €2,337 | +€2,337 | |
| Current assets | 29/58 | €296,670 | €357,327 | +€60,657 | +20.4% |
| Amounts receivable within one year | 40/41 | €277,705 | €338,438 | +€60,733 | +21.9% |
| Trade receivables | 40 | €54,541 | €8,334 | -€46,207 | -84.7% |
| Other amounts receivable | 41 | €223,164 | €330,104 | +€106,940 | +47.9% |
| Cash at bank and in hand | 54/58 | €18,965 | €18,889 | -€76 | -0.4% |
| Total equity and liabilities | 10/49 | €296,670 | €359,665 | +€62,994 | +21.2% |
| Equity | 10/15 | €47,137 | €186,552 | +€139,414 | +296% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €507 | €507 | = | 0.0% |
| Non-distributable reserves | 130/1 | €507 | €507 | = | 0.0% |
| Reserves not available under the articles | 1311 | €507 | €507 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,030 | €167,444 | +€139,414 | +497% |
| Amounts payable | 17/49 | €249,533 | €173,113 | -€76,420 | -30.6% |
| Amounts payable within one year | 42/48 | €215,077 | €173,113 | -€41,964 | -19.5% |
| Current portion of amounts payable after more than one year | 42 | - | €966 | +€966 | |
| Financial debts | 43 | €28 | €15 | -€13 | -47.5% |
| Credit institutions | 430/8 | €28 | €15 | -€13 | -47.5% |
| Trade debts | 44 | €26,730 | €8,986 | -€17,744 | -66.4% |
| Suppliers | 440/4 | €5,847 | €595 | -€5,252 | -89.8% |
| Bills of exchange payable | 441 | €20,883 | €8,391 | -€12,493 | -59.8% |
| Taxes, remuneration and social security | 45 | €119,819 | €137,146 | +€17,327 | +14.5% |
| Taxes | 450/3 | €60,097 | €72,580 | +€12,483 | +20.8% |
| Remuneration and social security | 454/9 | €59,722 | €64,565 | +€4,844 | +8.1% |
| Other amounts payable | 47/48 | €68,500 | €26,000 | -€42,500 | -62.0% |
| Accrued charges and deferred income | 492/3 | €34,456 | - | -€34,456 | |
| Turnover | 70 | €364,798 | €550,476 | +€185,678 | +50.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €204,810 | €316,336 | +€111,526 | +54.5% |
| Remuneration, social security and pensions | 62 | €24,458 | - | -€24,458 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,814 | €2,337 | -€1,476 | -38.7% |
| Other operating charges | 640/8 | €1,829 | €2,881 | +€1,052 | +57.5% |
| Gross operating margin | 9900 | €159,988 | €234,140 | +€74,152 | +46.3% |
| Operating profit (loss) | 9901 | €129,887 | €228,922 | +€99,035 | +76.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €4,925 | €10,809 | +€5,884 | +119% |
| Recurring financial charges | 65 | €4,925 | €10,809 | +€5,884 | +119% |
| Profit (loss) for the period before taxes | 9903 | €124,962 | €218,113 | +€93,151 | +74.5% |
| Income taxes | 67/77 | €26,648 | €52,698 | +€26,050 | +97.8% |
| Profit (loss) for the period | 9904 | €98,313 | €165,414 | +€67,101 | +68.3% |
| Profit (loss) for the period to be appropriated | 9905 | €98,313 | €165,414 | +€67,101 | +68.3% |
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 22 October 2026 via checked.be.