VAN GASSEN: 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 GASSEN
Largest movements
- Tangible fixed assets -€22,798
down €22,798 (-25.1%), from €90,898 to €68,100
of which Furniture and vehicles: -€18,670
- Stocks and contracts -€6,560
down €6,560 (-10.9%), from €60,183 to €53,623
- Cash +€3,945
up €3,945 (+128%), from €3,073 to €7,018
mainly Depreciation (+€29,771) and Trade debts (+€28,207)
- Receivables within one year +€2,481
up €2,481 (+14.2%), from €17,414 to €19,894
of which Trade receivables: +€9,265
- Trade debts +€28,207
up €28,207 (+927%), from €3,044 to €31,251
- Profit (loss) carried forward -€24,535
down €24,535 (-527%), from -€4,652 to -€29,188
- Debts after one year -€12,645
down €12,645 (-92.1%), from €13,729 to €1,083
- Tax, wage and social debts -€9,207
down €9,207 (-91.4%), from €10,072 to €864
- Other debts -€2,365
down €2,365 (-8.2%), from €28,686 to €26,321
- Gross operating margin -€22,545
down €22,545 (-59.0%), from €38,225 to €15,680
- Depreciation -€1,713
down €1,713 (-5.4%), from €31,484 to €29,771
- Other operating charges -€1,330
down €1,330 (-21.7%), from €6,116 to €4,786
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 | €175,714 | €153,460 | -€22,254 | -12.7% |
| Fixed assets | 21/28 | €92,934 | €70,010 | -€22,924 | -24.7% |
| Intangible fixed assets | 21 | €126 | €0 | -€126 | -100% |
| Tangible fixed assets | 22/27 | €90,898 | €68,100 | -€22,798 | -25.1% |
| Land and buildings | 22 | - | €7,012 | +€7,012 | |
| Plant, machinery and equipment | 23 | €4,139 | €2,419 | -€1,720 | -41.6% |
| Furniture and vehicles | 24 | €58,496 | €39,826 | -€18,670 | -31.9% |
| Leasing and similar rights | 25 | €28,263 | €18,842 | -€9,421 | -33.3% |
| Financial fixed assets | 28 | €1,910 | €1,910 | = | 0.0% |
| Current assets | 29/58 | €82,780 | €83,450 | +€670 | +0.8% |
| Stocks and contracts in progress | 3 | €60,183 | €53,623 | -€6,560 | -10.9% |
| Stocks | 30/36 | €60,183 | €53,623 | -€6,560 | -10.9% |
| Amounts receivable within one year | 40/41 | €17,414 | €19,894 | +€2,481 | +14.2% |
| Trade receivables | 40 | €3,461 | €12,726 | +€9,265 | +268% |
| Other amounts receivable | 41 | €13,953 | €7,168 | -€6,785 | -48.6% |
| Cash at bank and in hand | 54/58 | €3,073 | €7,018 | +€3,945 | +128% |
| Deferred charges and accrued income | 490/1 | €2,110 | €2,915 | +€805 | +38.1% |
| Total equity and liabilities | 10/49 | €175,714 | €153,460 | -€22,254 | -12.7% |
| Equity | 10/15 | €105,830 | €81,295 | -€24,535 | -23.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €91,891 | €91,891 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,500 | €12,500 | = | 0.0% |
| Distributable reserves | 133 | €79,391 | €79,391 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,652 | -€29,188 | -€24,535 | -527% |
| Amounts payable | 17/49 | €69,884 | €72,165 | +€2,282 | +3.3% |
| Amounts payable after more than one year | 17 | €13,729 | €1,083 | -€12,645 | -92.1% |
| Financial debts | 170/4 | €13,729 | €1,083 | -€12,645 | -92.1% |
| Amounts payable within one year | 42/48 | €56,155 | €71,082 | +€14,927 | +26.6% |
| Current portion of amounts payable after more than one year | 42 | €12,011 | €12,645 | +€634 | +5.3% |
| Financial debts | 43 | €2,341 | €0 | -€2,341 | -100% |
| Credit institutions | 430/8 | €2,341 | €0 | -€2,341 | -100% |
| Trade debts | 44 | €3,044 | €31,251 | +€28,207 | +927% |
| Suppliers | 440/4 | €3,044 | €31,251 | +€28,207 | +927% |
| Taxes, remuneration and social security | 45 | €10,072 | €864 | -€9,207 | -91.4% |
| Taxes | 450/3 | €10,072 | €864 | -€9,207 | -91.4% |
| Other amounts payable | 47/48 | €28,686 | €26,321 | -€2,365 | -8.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €392 | €206 | -€186 | -47.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,484 | €29,771 | -€1,713 | -5.4% |
| Other operating charges | 640/8 | €6,116 | €4,786 | -€1,330 | -21.7% |
| Non-recurring operating charges | 66A | - | €714 | +€714 | |
| Gross operating margin | 9900 | €38,225 | €15,680 | -€22,545 | -59.0% |
| Operating profit (loss) | 9901 | €232 | -€19,798 | -€20,030 | |
| Financial income | 75/76B | €34 | €0 | -€34 | -99.9% |
| Recurring financial income | 75 | €34 | €0 | -€34 | -99.9% |
| Financial charges | 65/66B | €3,253 | €3,072 | -€182 | -5.6% |
| Recurring financial charges | 65 | €3,253 | €3,072 | -€182 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,986 | -€22,869 | -€19,883 | -666% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€2,986 | -€22,869 | -€19,883 | -666% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,986 | -€22,869 | -€19,883 | -666% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.