VAN GENT: 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 GENT
Largest movements
- Receivables after one year -€200,000
down €200,000 (-100.0%), from €200,000 to €0
of which Other amounts receivable: -€200,000
- Cash +€81,106
up €81,106 (+56.5%), from €143,496 to €224,602
mainly Receivables after one year (+€200,000) and Net result for the year (+€94,441)
- Current investments +€36,592
up €36,592 (+25.8%), from €141,971 to €178,563
- Tangible fixed assets +€24,494
up €24,494 (+57.9%), from €42,321 to €66,815
of which Furniture and vehicles: +€29,595
- Other debts -€146,559
down €146,559 (-99.0%), from €148,087 to €1,528
- Reserves +€85,000
up €85,000 (+41.5%), from €205,000 to €290,000
- Trade debts -€25,046
down €25,046 (-94.2%), from €26,601 to €1,555
- Tax, wage and social debts +€18,690
up €18,690 (+53.9%), from €34,680 to €53,370
of which Taxes: +€18,548
- Profit (loss) carried forward +€9,441
up €9,441 (+5.6%), from €168,917 to €178,358
- Gross operating margin +€17,316
up €17,316 (+12.5%), from €138,312 to €155,628
- Taxes +€13,616
up €13,616 (+45.9%), from €29,639 to €43,255
- Other operating charges +€3,372
up €3,372 (+181.2%), from €1,861 to €5,233
- Depreciation -€2,457
down €2,457 (-11.5%), from €21,401 to €18,944
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 | €594,367 | €531,623 | -€62,744 | -10.6% |
| Fixed assets | 21/28 | €81,621 | €106,115 | +€24,494 | +30.0% |
| Tangible fixed assets | 22/27 | €42,321 | €66,815 | +€24,494 | +57.9% |
| Land and buildings | 22 | €11,030 | €5,461 | -€5,569 | -50.5% |
| Plant, machinery and equipment | 23 | €1,128 | €1,596 | +€468 | +41.5% |
| Furniture and vehicles | 24 | €30,163 | €59,758 | +€29,595 | +98.1% |
| Financial fixed assets | 28 | €39,300 | €39,300 | = | 0.0% |
| Current assets | 29/58 | €512,746 | €425,508 | -€87,238 | -17.0% |
| Amounts receivable after more than one year | 29 | €200,000 | €0 | -€200,000 | -100.0% |
| Trade receivables | 290 | - | €0 | = | |
| Other amounts receivable | 291 | €200,000 | - | -€200,000 | |
| Amounts receivable within one year | 40/41 | €27,279 | €22,343 | -€4,936 | -18.1% |
| Trade receivables | 40 | €27,279 | €22,343 | -€4,936 | -18.1% |
| Current investments | 50/53 | €141,971 | €178,563 | +€36,592 | +25.8% |
| Cash at bank and in hand | 54/58 | €143,496 | €224,602 | +€81,106 | +56.5% |
| Total equity and liabilities | 10/49 | €594,367 | €531,623 | -€62,744 | -10.6% |
| Equity | 10/15 | €376,777 | €471,218 | +€94,441 | +25.1% |
| Contributions | 10/11 | €2,860 | €2,860 | = | 0.0% |
| Reserves | 13 | €205,000 | €290,000 | +€85,000 | +41.5% |
| Distributable reserves | 133 | €205,000 | €290,000 | +€85,000 | +41.5% |
| Profit (loss) carried forward | 14 | €168,917 | €178,358 | +€9,441 | +5.6% |
| Amounts payable | 17/49 | €217,590 | €60,405 | -€157,185 | -72.2% |
| Amounts payable after more than one year | 17 | €3,952 | - | -€3,952 | |
| Financial debts | 170/4 | €3,952 | - | -€3,952 | |
| Amounts payable within one year | 42/48 | €213,638 | €60,405 | -€153,233 | -71.7% |
| Current portion of amounts payable after more than one year | 42 | €4,270 | €3,952 | -€318 | -7.4% |
| Trade debts | 44 | €26,601 | €1,555 | -€25,046 | -94.2% |
| Suppliers | 440/4 | €26,601 | €1,555 | -€25,046 | -94.2% |
| Taxes, remuneration and social security | 45 | €34,680 | €53,370 | +€18,690 | +53.9% |
| Taxes | 450/3 | €34,680 | €53,228 | +€18,548 | +53.5% |
| Remuneration and social security | 454/9 | - | €142 | +€142 | |
| Other amounts payable | 47/48 | €148,087 | €1,528 | -€146,559 | -99.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,401 | €18,944 | -€2,457 | -11.5% |
| Other operating charges | 640/8 | €1,861 | €5,233 | +€3,372 | +181.2% |
| Gross operating margin | 9900 | €138,312 | €155,628 | +€17,316 | +12.5% |
| Operating profit (loss) | 9901 | €115,050 | €131,451 | +€16,401 | +14.3% |
| Financial income | 75/76B | €6,799 | €7,587 | +€788 | +11.6% |
| Recurring financial income | 75 | €6,799 | €7,587 | +€788 | +11.6% |
| Financial charges | 65/66B | €1,428 | €1,342 | -€86 | -6.0% |
| Recurring financial charges | 65 | €1,428 | €1,342 | -€86 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €120,421 | €137,696 | +€17,275 | +14.3% |
| Income taxes | 67/77 | €29,639 | €43,255 | +€13,616 | +45.9% |
| Profit (loss) for the period | 9904 | €90,782 | €94,441 | +€3,659 | +4.0% |
| Profit (loss) for the period to be appropriated | 9905 | €90,782 | €94,441 | +€3,659 | +4.0% |
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 2 October 2026 via checked.be.