VAN LAEKE: 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 LAEKE
Largest movements
- Cash +€30,565
up €30,565 (+128%), from €23,856 to €54,421
mainly Net result for the year (+€19,254) and Depreciation (+€15,562)
- Tangible fixed assets -€24,521
down €24,521 (-30.4%), from €80,569 to €56,048
of which Furniture and vehicles: -€19,006
- Receivables within one year +€3,740
up €3,740 (+285%), from €1,311 to €5,051
of which Trade receivables: +€2,744
- Reserves +€19,254
up €19,254 (+27.3%), from €70,645 to €89,899
- Tax, wage and social debts -€16,435
down €16,435 (-87.8%), from €18,722 to €2,287
- Other debts +€6,611
up €6,611 (+61.6%), from €10,739 to €17,349
- Gross operating margin -€60,116
down €60,116 (-55.4%), from €108,594 to €48,478
- Taxes -€15,630
down €15,630 (-64.5%), from €24,217 to €8,587
- Depreciation +€2,699
up €2,699 (+21.0%), from €12,863 to €15,562
- Other operating charges +€1,100
up €1,100 (+143%), from €771 to €1,871
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 | €107,439 | €117,133 | +€9,693 | +9.0% |
| Fixed assets | 21/28 | €80,569 | €56,048 | -€24,521 | -30.4% |
| Tangible fixed assets | 22/27 | €80,569 | €56,048 | -€24,521 | -30.4% |
| Plant, machinery and equipment | 23 | €43,048 | €35,386 | -€7,661 | -17.8% |
| Furniture and vehicles | 24 | €37,521 | €18,515 | -€19,006 | -50.7% |
| Other tangible fixed assets | 26 | - | €2,147 | +€2,147 | |
| Current assets | 29/58 | €26,870 | €61,084 | +€34,214 | +127% |
| Amounts receivable within one year | 40/41 | €1,311 | €5,051 | +€3,740 | +285% |
| Trade receivables | 40 | €690 | €3,434 | +€2,744 | +398% |
| Other amounts receivable | 41 | €621 | €1,617 | +€996 | +160% |
| Cash at bank and in hand | 54/58 | €23,856 | €54,421 | +€30,565 | +128% |
| Deferred charges and accrued income | 490/1 | €1,703 | €1,612 | -€91 | -5.3% |
| Total equity and liabilities | 10/49 | €107,439 | €117,133 | +€9,693 | +9.0% |
| Equity | 10/15 | €75,645 | €94,899 | +€19,254 | +25.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €70,645 | €89,899 | +€19,254 | +27.3% |
| Distributable reserves | 133 | €70,645 | €89,899 | +€19,254 | +27.3% |
| Amounts payable | 17/49 | €31,794 | €22,233 | -€9,561 | -30.1% |
| Amounts payable within one year | 42/48 | €31,794 | €22,233 | -€9,561 | -30.1% |
| Trade debts | 44 | €2,334 | €2,597 | +€263 | +11.3% |
| Suppliers | 440/4 | €2,334 | €2,597 | +€263 | +11.3% |
| Taxes, remuneration and social security | 45 | €18,722 | €2,287 | -€16,435 | -87.8% |
| Taxes | 450/3 | €18,722 | €2,287 | -€16,435 | -87.8% |
| Other amounts payable | 47/48 | €10,739 | €17,349 | +€6,611 | +61.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,863 | €15,562 | +€2,699 | +21.0% |
| Other operating charges | 640/8 | €771 | €1,871 | +€1,100 | +143% |
| Non-recurring operating charges | 66A | - | €3,224 | +€3,224 | |
| Gross operating margin | 9900 | €108,594 | €48,478 | -€60,116 | -55.4% |
| Operating profit (loss) | 9901 | €94,960 | €27,821 | -€67,139 | -70.7% |
| Financial income | 75/76B | €93 | €166 | +€73 | +78.0% |
| Recurring financial income | 75 | €93 | €166 | +€73 | +78.0% |
| Financial charges | 65/66B | €192 | €146 | -€46 | -23.7% |
| Recurring financial charges | 65 | €192 | €146 | -€46 | -23.7% |
| Profit (loss) for the period before taxes | 9903 | €94,862 | €27,841 | -€67,021 | -70.7% |
| Income taxes | 67/77 | €24,217 | €8,587 | -€15,630 | -64.5% |
| Profit (loss) for the period | 9904 | €70,645 | €19,254 | -€51,391 | -72.7% |
| Profit (loss) for the period to be appropriated | 9905 | €70,645 | €19,254 | -€51,391 | -72.7% |
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 14 October 2026 via checked.be.