Van GoGh: 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 GoGh
Largest movements
- Receivables within one year -€124,603
down €124,603 (-49.3%), from €252,603 to €128,000
of which Trade receivables: -€252,603
- Cash +€71,867
up €71,867 (+1420.9%), from €5,058 to €76,925
mainly Receivables within one year (+€124,603) and Trade debts (+€442)
- Other debts -€25,000
no longer reported in 2025 (was €25,000)
- Tax, wage and social debts -€24,075
no longer reported in 2025 (was €24,075)
- Profit (loss) carried forward -€4,102
down €4,102 (-4.4%), from €92,226 to €88,124
- Gross operating margin -€140,429
down €140,429, from €138,089 to -€2,340
- Taxes -€24,075
no longer reported in 2025 (was €24,075)
- Financial charges -€19,253
down €19,253 (-91.6%), from €21,015 to €1,762
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 | €257,661 | €204,925 | -€52,736 | -20.5% |
| Current assets | 29/58 | €257,661 | €204,925 | -€52,736 | -20.5% |
| Amounts receivable within one year | 40/41 | €252,603 | €128,000 | -€124,603 | -49.3% |
| Trade receivables | 40 | €252,603 | - | -€252,603 | |
| Other amounts receivable | 41 | - | €128,000 | +€128,000 | |
| Cash at bank and in hand | 54/58 | €5,058 | €76,925 | +€71,867 | +1420.9% |
| Total equity and liabilities | 10/49 | €257,661 | €204,925 | -€52,736 | -20.5% |
| Equity | 10/15 | €207,226 | €203,124 | -€4,102 | -2.0% |
| Contributions | 10/11 | €115,000 | €115,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,226 | €88,124 | -€4,102 | -4.4% |
| Amounts payable | 17/49 | €50,434 | €1,801 | -€48,634 | -96.4% |
| Amounts payable within one year | 42/48 | €50,434 | €1,801 | -€48,634 | -96.4% |
| Trade debts | 44 | €1,359 | €1,801 | +€442 | +32.5% |
| Suppliers | 440/4 | €1,359 | €1,801 | +€442 | +32.5% |
| Taxes, remuneration and social security | 45 | €24,075 | - | -€24,075 | |
| Taxes | 450/3 | €24,075 | - | -€24,075 | |
| Other amounts payable | 47/48 | €25,000 | - | -€25,000 | |
| Other operating charges | 640/8 | €772 | - | -€772 | |
| Gross operating margin | 9900 | €138,089 | -€2,340 | -€140,429 | |
| Operating profit (loss) | 9901 | €137,317 | -€2,340 | -€139,657 | |
| Financial charges | 65/66B | €21,015 | €1,762 | -€19,253 | -91.6% |
| Recurring financial charges | 65 | €21,015 | €1,762 | -€19,253 | -91.6% |
| Profit (loss) for the period before taxes | 9903 | €116,302 | -€4,102 | -€120,404 | |
| Income taxes | 67/77 | €24,075 | - | -€24,075 | |
| Profit (loss) for the period | 9904 | €92,226 | -€4,102 | -€96,329 | |
| Profit (loss) for the period to be appropriated | 9905 | €92,226 | -€4,102 | -€96,329 |
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 1 October 2026 via checked.be.