VAN GERWEN & ZONEN: 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 GERWEN & ZONEN
Largest movements
- Tangible fixed assets -€24,527
down €24,527 (-35.5%), from €69,117 to €44,590
of which Furniture and vehicles: -€21,344
- Receivables within one year -€13,119
down €13,119 (-63.9%), from €20,524 to €7,404
of which Other amounts receivable: -€10,599
- Cash -€10,467
down €10,467 (-27.5%), from €38,011 to €27,544
mainly Net result for the year (-€18,576) and Other debts (-€15,602)
- Profit (loss) carried forward -€18,576
down €18,576 (-40.2%), from -€46,239 to -€64,816
- Other debts -€15,602
down €15,602 (-36.3%), from €43,035 to €27,433
- Debts after one year -€13,180
down €13,180 (-92.4%), from €14,260 to €1,080
- Trade debts +€2,484
up €2,484 (+46.4%), from €5,351 to €7,835
- Current portion of long-term debt -€2,239
down €2,239 (-14.5%), from €15,418 to €13,180
- Gross operating margin -€18,662
down €18,662 (-24.6%), from €75,897 to €57,234
- Staff costs +€840
up €840 (+1.8%), from €46,925 to €47,765
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 | €129,793 | €81,638 | -€48,154 | -37.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €69,117 | €44,590 | -€24,527 | -35.5% |
| Tangible fixed assets | 22/27 | €69,117 | €44,590 | -€24,527 | -35.5% |
| Plant, machinery and equipment | 23 | €644 | €859 | +€215 | +33.3% |
| Furniture and vehicles | 24 | €64,272 | €42,928 | -€21,344 | -33.2% |
| Leasing and similar rights | 25 | €4,201 | €803 | -€3,398 | -80.9% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Current assets | 29/58 | €60,676 | €37,049 | -€23,628 | -38.9% |
| Amounts receivable within one year | 40/41 | €20,524 | €7,404 | -€13,119 | -63.9% |
| Trade receivables | 40 | €7,815 | €5,295 | -€2,520 | -32.2% |
| Other amounts receivable | 41 | €12,709 | €2,109 | -€10,599 | -83.4% |
| Cash at bank and in hand | 54/58 | €38,011 | €27,544 | -€10,467 | -27.5% |
| Deferred charges and accrued income | 490/1 | €2,142 | €2,100 | -€41 | -1.9% |
| Total equity and liabilities | 10/49 | €129,793 | €81,638 | -€48,154 | -37.1% |
| Equity | 10/15 | €49,823 | €31,247 | -€18,576 | -37.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €89,862 | €89,862 | = | 0.0% |
| Distributable reserves | 133 | €89,862 | €89,862 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,239 | -€64,816 | -€18,576 | -40.2% |
| Amounts payable | 17/49 | €79,970 | €50,392 | -€29,578 | -37.0% |
| Amounts payable after more than one year | 17 | €14,260 | €1,080 | -€13,180 | -92.4% |
| Financial debts | 170/4 | €14,260 | €1,080 | -€13,180 | -92.4% |
| Amounts payable within one year | 42/48 | €65,710 | €49,311 | -€16,398 | -25.0% |
| Current portion of amounts payable after more than one year | 42 | €15,418 | €13,180 | -€2,239 | -14.5% |
| Trade debts | 44 | €5,351 | €7,835 | +€2,484 | +46.4% |
| Suppliers | 440/4 | €5,351 | €7,835 | +€2,484 | +46.4% |
| Taxes, remuneration and social security | 45 | €1,905 | €864 | -€1,042 | -54.7% |
| Taxes | 450/3 | €293 | €562 | +€268 | +91.4% |
| Remuneration and social security | 454/9 | €1,612 | €302 | -€1,310 | -81.2% |
| Other amounts payable | 47/48 | €43,035 | €27,433 | -€15,602 | -36.3% |
| Non-recurring operating income | 76A | €7,724 | - | -€7,724 | |
| Remuneration, social security and pensions | 62 | €46,925 | €47,765 | +€840 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,565 | €25,029 | +€465 | +1.9% |
| Other operating charges | 640/8 | €2,026 | €1,396 | -€630 | -31.1% |
| Gross operating margin | 9900 | €75,897 | €57,234 | -€18,662 | -24.6% |
| Operating profit (loss) | 9901 | €2,382 | -€16,955 | -€19,337 | |
| Financial charges | 65/66B | €1,999 | €1,351 | -€648 | -32.4% |
| Recurring financial charges | 65 | €1,999 | €1,351 | -€648 | -32.4% |
| Profit (loss) for the period before taxes | 9903 | €383 | -€18,306 | -€18,690 | |
| Income taxes | 67/77 | €293 | €270 | -€23 | -7.9% |
| Profit (loss) for the period | 9904 | €90 | -€18,576 | -€18,666 | |
| Profit (loss) for the period to be appropriated | 9905 | €90 | -€18,576 | -€18,666 |
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 27 October 2026 via checked.be.