VAN KAN HOLDING: 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 KAN HOLDING
Largest movements
- Receivables within one year +€256,847
up €256,847 (+343%), from €74,795 to €331,642
of which Other amounts receivable: +€216,665
- Current investments +€75,000
new in 2025: €75,000
- Tangible fixed assets -€49,818
down €49,818 (-4.4%), from €1.1m to €1.1m
of which Furniture and vehicles: -€49,550
- Cash +€42,032
up €42,032 (+2,668%), from €1,575 to €43,608
mainly Other debts (+€320,739) and Depreciation (+€50,458)
- Other debts +€320,739
up €320,739 (+32.2%), from €995,549 to €1.3m
- Depreciation +€30,888
up €30,888 (+158%), from €19,570 to €50,458
- Gross operating margin -€22,765
down €22,765 (-19.6%), from €116,178 to €93,413
- Taxes -€8,513
down €8,513 (-49.2%), from €17,308 to €8,795
- Financial income +€7,594
new in 2025: €7,594
- Financial charges +€5,357
up €5,357 (+23.2%), from €23,107 to €28,464
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 | €1,199,826 | €1,523,887 | +€324,061 | +27.0% |
| Fixed assets | 21/28 | €1,123,456 | €1,073,638 | -€49,818 | -4.4% |
| Tangible fixed assets | 22/27 | €1,123,456 | €1,073,638 | -€49,818 | -4.4% |
| Land and buildings | 22 | €969,499 | €969,499 | = | 0.0% |
| Plant, machinery and equipment | 23 | €4,466 | €4,198 | -€268 | -6.0% |
| Furniture and vehicles | 24 | €149,491 | €99,941 | -€49,550 | -33.1% |
| Current assets | 29/58 | €76,370 | €450,249 | +€373,879 | +490% |
| Amounts receivable within one year | 40/41 | €74,795 | €331,642 | +€256,847 | +343% |
| Trade receivables | 40 | €46,811 | €86,993 | +€40,182 | +85.8% |
| Other amounts receivable | 41 | €27,983 | €244,648 | +€216,665 | +774% |
| Current investments | 50/53 | - | €75,000 | +€75,000 | |
| Cash at bank and in hand | 54/58 | €1,575 | €43,608 | +€42,032 | +2,668% |
| Total equity and liabilities | 10/49 | €1,199,826 | €1,523,887 | +€324,061 | +27.0% |
| Equity | 10/15 | €180,425 | €190,369 | +€9,944 | +5.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €170,425 | €180,369 | +€9,944 | +5.8% |
| Distributable reserves | 133 | €170,425 | €180,369 | +€9,944 | +5.8% |
| Amounts payable | 17/49 | €1,019,401 | €1,333,518 | +€314,117 | +30.8% |
| Amounts payable within one year | 42/48 | €1,016,623 | €1,331,057 | +€314,434 | +30.9% |
| Trade debts | 44 | €3,400 | €5,973 | +€2,574 | +75.7% |
| Suppliers | 440/4 | €3,400 | €5,973 | +€2,574 | +75.7% |
| Taxes, remuneration and social security | 45 | €17,675 | €8,795 | -€8,879 | -50.2% |
| Taxes | 450/3 | €17,675 | €8,795 | -€8,879 | -50.2% |
| Other amounts payable | 47/48 | €995,549 | €1,316,288 | +€320,739 | +32.2% |
| Accrued charges and deferred income | 492/3 | €2,778 | €2,462 | -€317 | -11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,570 | €50,458 | +€30,888 | +158% |
| Other operating charges | 640/8 | €4,281 | €3,346 | -€935 | -21.8% |
| Gross operating margin | 9900 | €116,178 | €93,413 | -€22,765 | -19.6% |
| Operating profit (loss) | 9901 | €92,327 | €39,609 | -€52,718 | -57.1% |
| Financial income | 75/76B | - | €7,594 | +€7,594 | |
| Recurring financial income | 75 | - | €7,594 | +€7,594 | |
| Financial charges | 65/66B | €23,107 | €28,464 | +€5,357 | +23.2% |
| Recurring financial charges | 65 | €23,107 | €28,464 | +€5,357 | +23.2% |
| Profit (loss) for the period before taxes | 9903 | €69,220 | €18,739 | -€50,481 | -72.9% |
| Income taxes | 67/77 | €17,308 | €8,795 | -€8,513 | -49.2% |
| Profit (loss) for the period | 9904 | €51,912 | €9,944 | -€41,968 | -80.8% |
| Profit (loss) for the period to be appropriated | 9905 | €51,912 | €9,944 | -€41,968 | -80.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.