VAN GILS BEHEER: 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 GILS BEHEER
Largest movements
- Receivables within one year +€198,334
up €198,334 (+19.6%), from €1.0m to €1.2m
of which Other amounts receivable: +€145,167
- Cash -€81,246
down €81,246 (-77.4%), from €104,905 to €23,659
mainly Receivables within one year (-€198,334) and Contributions, distributions and other (-€90,678)
- Current investments +€24,748
up €24,748 (+26.2%), from €94,574 to €119,323
- Financial fixed assets +€22,500
up €22,500 (+300%), from €7,500 to €30,000
- Tangible fixed assets -€17,780
down €17,780 (-8.0%), from €223,112 to €205,333
of which Land and buildings: -€11,619
- Reserves +€88,423
up €88,423 (+10.2%), from €870,654 to €959,077
- Other debts +€46,634
up €46,634 (+115%), from €40,710 to €87,344
- Debts after one year -€25,681
down €25,681 (-8.5%), from €302,400 to €276,719
- Advances received +€20,487
up €20,487 (+37.8%), from €54,202 to €74,688
- Gross operating margin -€19,470
down €19,470 (-6.0%), from €326,259 to €306,790
- Taxes -€6,038
down €6,038 (-7.0%), from €86,279 to €80,241
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 | €1,495,070 | €1,627,198 | +€132,128 | +8.8% |
| Fixed assets | 21/28 | €230,612 | €235,333 | +€4,720 | +2.0% |
| Tangible fixed assets | 22/27 | €223,112 | €205,333 | -€17,780 | -8.0% |
| Land and buildings | 22 | €186,257 | €174,638 | -€11,619 | -6.2% |
| Plant, machinery and equipment | 23 | €1,056 | - | -€1,056 | |
| Furniture and vehicles | 24 | €18,911 | €14,045 | -€4,866 | -25.7% |
| Other tangible fixed assets | 26 | €16,888 | €16,649 | -€239 | -1.4% |
| Financial fixed assets | 28 | €7,500 | €30,000 | +€22,500 | +300% |
| Current assets | 29/58 | €1,264,458 | €1,391,866 | +€127,408 | +10.1% |
| Amounts receivable within one year | 40/41 | €1,011,329 | €1,209,663 | +€198,334 | +19.6% |
| Trade receivables | 40 | €77,964 | €131,132 | +€53,167 | +68.2% |
| Other amounts receivable | 41 | €933,365 | €1,078,532 | +€145,167 | +15.6% |
| Current investments | 50/53 | €94,574 | €119,323 | +€24,748 | +26.2% |
| Cash at bank and in hand | 54/58 | €104,905 | €23,659 | -€81,246 | -77.4% |
| Deferred charges and accrued income | 490/1 | €53,649 | €39,221 | -€14,428 | -26.9% |
| Total equity and liabilities | 10/49 | €1,495,070 | €1,627,198 | +€132,128 | +8.8% |
| Equity | 10/15 | €889,254 | €977,677 | +€88,423 | +9.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €870,654 | €959,077 | +€88,423 | +10.2% |
| Distributable reserves | 133 | €870,654 | €959,077 | +€88,423 | +10.2% |
| Amounts payable | 17/49 | €605,816 | €649,521 | +€43,705 | +7.2% |
| Amounts payable after more than one year | 17 | €302,400 | €276,719 | -€25,681 | -8.5% |
| Financial debts | 170/4 | €302,400 | €276,719 | -€25,681 | -8.5% |
| Amounts payable within one year | 42/48 | €301,162 | €370,339 | +€69,177 | +23.0% |
| Current portion of amounts payable after more than one year | 42 | €24,701 | €25,681 | +€980 | +4.0% |
| Financial debts | 43 | €158,677 | €166,522 | +€7,845 | +4.9% |
| Credit institutions | 430/8 | €158,677 | €166,522 | +€7,845 | +4.9% |
| Trade debts | 44 | €7,711 | €9,418 | +€1,707 | +22.1% |
| Suppliers | 440/4 | €7,711 | €9,418 | +€1,707 | +22.1% |
| Advances received on contracts in progress | 46 | €54,202 | €74,688 | +€20,487 | +37.8% |
| Taxes, remuneration and social security | 45 | €15,162 | €6,687 | -€8,475 | -55.9% |
| Taxes | 450/3 | €15,162 | €6,687 | -€8,475 | -55.9% |
| Other amounts payable | 47/48 | €40,710 | €87,344 | +€46,634 | +115% |
| Accrued charges and deferred income | 492/3 | €2,255 | €2,463 | +€208 | +9.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,484 | €17,780 | +€295 | +1.7% |
| Other operating charges | 640/8 | €2,324 | €2,946 | +€622 | +26.8% |
| Gross operating margin | 9900 | €326,259 | €306,790 | -€19,470 | -6.0% |
| Operating profit (loss) | 9901 | €306,451 | €286,064 | -€20,387 | -6.7% |
| Financial income | 75/76B | €291 | €1,070 | +€779 | +268% |
| Recurring financial income | 75 | €291 | €1,070 | +€779 | +268% |
| Financial charges | 65/66B | €25,889 | €27,791 | +€1,902 | +7.3% |
| Recurring financial charges | 65 | €25,889 | €27,791 | +€1,902 | +7.3% |
| Profit (loss) for the period before taxes | 9903 | €280,854 | €259,343 | -€21,511 | -7.7% |
| Income taxes | 67/77 | €86,279 | €80,241 | -€6,038 | -7.0% |
| Profit (loss) for the period | 9904 | €194,574 | €179,102 | -€15,473 | -8.0% |
| Profit (loss) for the period to be appropriated | 9905 | €194,574 | €179,102 | -€15,473 | -8.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.