VAN LAECKE LUC: 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.
What changed
VAN LAECKE LUC
NACE 46.140, Agents in the wholesale of industrial machinery, ships and aircraft
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€79,914
2024 · €235,819-€155,906
Equity
€4.2m
2024 · €4.2m+€79,914
Cash
€1.0m
2024 · €1.1m-€64,620
Balance sheet total
€12.7m
2024 · €15.7m-€3.0m
Largest movements
Assets
- Stocks and contracts -€2.5m
down €2.5m (-21.4%), from €11.6m to €9.2m
- Receivables within one year -€565,534
down €565,534 (-21.6%), from €2.6m to €2.1m
of which Trade receivables: -€601,003
- Deferred charges and accrued income +€206,970
up €206,970 (+1,204%), from €17,193 to €224,162
Equity and liabilities
- Trade debts -€1.9m
down €1.9m (-40.5%), from €4.8m to €2.8m
- Short-term financial debts -€600,000
down €600,000 (-75.0%), from €800,000 to €200,000
- Current portion of long-term debt -€448,461
down €448,461 (-73.9%), from €606,525 to €158,064
- Accrued charges and deferred income -€328,183
down €328,183 (-90.8%), from €361,513 to €33,330
Income statement
- Turnover +€1.3m
up €1.3m (+6.4%), from €20.6m to €21.9m
- Goods and materials +€786,489
up €786,489 (+5.1%), from €15.5m to €16.3m
of which Change in stocks: decrease (increase): +€3.4m
- Write-downs +€559,738
up €559,738 (+324%), from €172,965 to €732,704
- Services and other goods +€381,569
up €381,569 (+9.5%), from €4.0m to €4.4m
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.
Result 2024
€235,819
Turnover
+€1.3m
Other operating income
-€34,163
Goods and materials
-€786,489
Services and other goods
-€381,569
Staff costs
-€33,832
Depreciation
-€2,011
Write-downs
-€559,738
Other operating charges
+€18,932
Other operating items
+€152,453
Financial income
-€74,268
Financial charges
+€178,085
Taxes
+€50,417
Result 2025
€79,914
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€963,431
Investment
+€21,419
Financing
-€1.0m
Cash 2024
€1.1m
From operations (derived)
+€963,431
Net result for the year
+€79,914
Depreciation
+€90,643
Stocks and contracts
+€2.5m
Receivables within one year
+€565,534
Deferred charges and accrued income
-€206,970
Trade debts
-€1.9m
Tax, wage and social debts
+€136,997
Advances received
-€60,575
Other debts
+€131,481
Accrued charges and deferred income
-€328,183
Investment (derived)
+€21,419
Investment in fixed assets (net)
+€55,462
Current investments
-€34,043
Financing
-€1.0m
Debts after one year
-€1,009
Current portion of long-term debt
-€448,461
Short-term financial debts
-€600,000
Cash 2025
€1.0m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,744,047 | €12,714,337 | -€3.0m | -19.2% |
| Fixed assets | 21/28 | €379,955 | €233,850 | -€146,105 | -38.5% |
| Intangible fixed assets | 21 | €23,624 | €14,822 | -€8,802 | -37.3% |
| Tangible fixed assets | 22/27 | €355,405 | €218,373 | -€137,032 | -38.6% |
| Land and buildings | 22 | €118,620 | €2,888 | -€115,732 | -97.6% |
| Plant, machinery and equipment | 23 | €32,004 | €23,813 | -€8,192 | -25.6% |
| Furniture and vehicles | 24 | €132,995 | €136,544 | +€3,548 | +2.7% |
| Leasing and similar rights | 25 | €57,452 | €44,055 | -€13,397 | -23.3% |
| Other tangible fixed assets | 26 | €14,334 | €11,074 | -€3,260 | -22.7% |
| Financial fixed assets | 28 | €925 | €655 | -€270 | -29.2% |
| Other financial fixed assets | 284/8 | €925 | €655 | -€270 | -29.2% |
| Amounts receivable and cash guarantees | 285/8 | €925 | €655 | -€270 | -29.2% |
| Current assets | 29/58 | €15,364,092 | €12,480,487 | -€2.9m | -18.8% |
| Stocks and contracts in progress | 3 | €11,649,799 | €9,155,336 | -€2.5m | -21.4% |
| Stocks | 30/36 | €11,649,799 | €9,155,336 | -€2.5m | -21.4% |
| Goods purchased for resale | 34 | €10,925,506 | €9,061,636 | -€1.9m | -17.1% |
| Advance payments | 36 | €724,293 | €93,700 | -€630,593 | -87.1% |
| Amounts receivable within one year | 40/41 | €2,618,569 | €2,053,034 | -€565,534 | -21.6% |
| Trade receivables | 40 | €2,542,963 | €1,941,960 | -€601,003 | -23.6% |
| Other amounts receivable | 41 | €75,606 | €111,075 | +€35,469 | +46.9% |
| Current investments | 50/53 | - | €34,043 | +€34,043 | |
| Other investments | 51/53 | - | €34,043 | +€34,043 | |
| Cash at bank and in hand | 54/58 | €1,078,531 | €1,013,912 | -€64,620 | -6.0% |
| Deferred charges and accrued income | 490/1 | €17,193 | €224,162 | +€206,970 | +1,204% |
| Total equity and liabilities | 10/49 | €15,744,047 | €12,714,337 | -€3.0m | -19.2% |
| Equity | 10/15 | €4,158,664 | €4,238,578 | +€79,914 | +1.9% |
| Contributions | 10/11 | €37,200 | €37,200 | = | 0.0% |
| Reserves | 13 | €1,308,272 | €1,308,272 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,288 | €7,288 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,720 | €3,720 | = | 0.0% |
| Other | 1319 | €3,568 | €3,568 | = | 0.0% |
| Tax-exempt reserves | 132 | €984 | €984 | = | 0.0% |
| Distributable reserves | 133 | €1,300,000 | €1,300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,813,193 | €2,893,106 | +€79,914 | +2.8% |
| Amounts payable | 17/49 | €11,585,382 | €8,475,759 | -€3.1m | -26.8% |
| Amounts payable after more than one year | 17 | €2,086,058 | €2,085,049 | -€1,009 | 0.0% |
| Financial debts | 170/4 | €2,086,058 | €2,085,049 | -€1,009 | 0.0% |
| Leasing and similar obligations | 172 | €46,571 | €33,898 | -€12,673 | -27.2% |
| Credit institutions | 173 | €39,488 | €51,152 | +€11,664 | +29.5% |
| Other loans | 174 | €2,000,000 | €2,000,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €9,137,811 | €6,357,380 | -€2.8m | -30.4% |
| Current portion of amounts payable after more than one year | 42 | €606,525 | €158,064 | -€448,461 | -73.9% |
| Financial debts | 43 | €800,000 | €200,000 | -€600,000 | -75.0% |
| Credit institutions | 430/8 | €800,000 | €200,000 | -€600,000 | -75.0% |
| Trade debts | 44 | €4,785,088 | €2,845,214 | -€1.9m | -40.5% |
| Suppliers | 440/4 | €4,785,088 | €2,845,214 | -€1.9m | -40.5% |
| Advances received on contracts in progress | 46 | €509,173 | €448,598 | -€60,575 | -11.9% |
| Taxes, remuneration and social security | 45 | €278,961 | €415,958 | +€136,997 | +49.1% |
| Taxes | 450/3 | €224,428 | €369,009 | +€144,581 | +64.4% |
| Remuneration and social security | 454/9 | €54,533 | €46,949 | -€7,584 | -13.9% |
| Other amounts payable | 47/48 | €2,158,065 | €2,289,546 | +€131,481 | +6.1% |
| Accrued charges and deferred income | 492/3 | €361,513 | €33,330 | -€328,183 | -90.8% |
| Operating income | 70/76A | €20,791,491 | €22,651,431 | +€1.9m | +8.9% |
| Turnover | 70 | €20,570,318 | €21,886,594 | +€1.3m | +6.4% |
| Other operating income | 74 | €198,543 | €164,380 | -€34,163 | -17.2% |
| Non-recurring operating income | 76A | €22,630 | €600,457 | +€577,827 | +2,553% |
| Operating charges | 60/66A | €20,204,450 | €22,374,530 | +€2.2m | +10.7% |
| Goods for resale, raw materials and consumables | 60 | €15,483,070 | €16,269,560 | +€786,489 | +5.1% |
| Purchases | 600/8 | €17,411,425 | €14,777,141 | -€2.6m | -15.1% |
| Change in stocks: decrease (increase) | 609 | -€1,928,354 | €1,492,419 | +€3.4m | |
| Services and other goods | 61 | €4,010,744 | €4,392,312 | +€381,569 | +9.5% |
| Remuneration, social security and pensions | 62 | €325,245 | €359,077 | +€33,832 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,632 | €90,643 | +€2,011 | +2.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €172,965 | €732,704 | +€559,738 | +324% |
| Other operating charges | 640/8 | €88,885 | €69,953 | -€18,932 | -21.3% |
| Non-recurring operating charges | 66A | €34,908 | €460,281 | +€425,374 | +1,219% |
| Operating profit (loss) | 9901 | €587,041 | €276,901 | -€310,140 | -52.8% |
| Financial income | 75/76B | €175,086 | €100,819 | -€74,268 | -42.4% |
| Recurring financial income | 75 | €175,086 | €100,819 | -€74,268 | -42.4% |
| Income from current assets | 751 | €2,621 | €9,229 | +€6,608 | +252% |
| Other financial income | 752/9 | €172,465 | €91,590 | -€80,876 | -46.9% |
| Financial charges | 65/66B | €440,922 | €262,837 | -€178,085 | -40.4% |
| Recurring financial charges | 65 | €440,922 | €262,837 | -€178,085 | -40.4% |
| Debt charges | 650 | €256,545 | €159,379 | -€97,166 | -37.9% |
| Other financial charges | 652/9 | €184,378 | €103,458 | -€80,919 | -43.9% |
| Profit (loss) for the period before taxes | 9903 | €321,206 | €114,883 | -€206,322 | -64.2% |
| Income taxes | 67/77 | €85,386 | €34,969 | -€50,417 | -59.0% |
| Taxes | 670/3 | €85,386 | €34,969 | -€50,417 | -59.0% |
| Profit (loss) for the period | 9904 | €235,819 | €79,914 | -€155,906 | -66.1% |
| Profit (loss) for the period to be appropriated | 9905 | €235,819 | €79,914 | -€155,906 | -66.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.