VAN LAER & Co: 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 LAER & Co
Largest movements
- Cash +€44,432
up €44,432 (+40.5%), from €109,841 to €154,273
mainly Other debts (+€87,954) and Net result for the year (+€81,620)
- Receivables within one year +€31,963
up €31,963 (+7.4%), from €430,026 to €461,989
of which Trade receivables: +€27,037
- Tangible fixed assets +€10,013
up €10,013 (+9.2%), from €109,287 to €119,300
of which Furniture and vehicles: +€28,242
- Other debts +€87,954
up €87,954 (+191,538%), from €46 to €88,000
- Debts after one year +€19,903
up €19,903 (+36.6%), from €54,326 to €74,229
- Trade debts -€14,085
down €14,085 (-11.7%), from €120,094 to €106,008
- Gross operating margin +€123,224
up €123,224 (+60.2%), from €204,710 to €327,935
- Taxes +€27,251
up €27,251 (+745%), from €3,657 to €30,908
- Depreciation +€6,846
up €6,846 (+30.1%), from €22,721 to €29,568
- Staff costs +€4,719
up €4,719 (+2.7%), from €176,475 to €181,195
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 | €657,043 | €748,214 | +€91,171 | +13.9% |
| Fixed assets | 21/28 | €109,298 | €119,319 | +€10,021 | +9.2% |
| Tangible fixed assets | 22/27 | €109,287 | €119,300 | +€10,013 | +9.2% |
| Land and buildings | 22 | €7,800 | €3,956 | -€3,844 | -49.3% |
| Plant, machinery and equipment | 23 | €45,372 | €31,370 | -€14,003 | -30.9% |
| Furniture and vehicles | 24 | €54,614 | €82,856 | +€28,242 | +51.7% |
| Other tangible fixed assets | 26 | €1,501 | €1,117 | -€383 | -25.5% |
| Financial fixed assets | 28 | €11 | €20 | +€9 | +77.6% |
| Current assets | 29/58 | €547,745 | €628,894 | +€81,149 | +14.8% |
| Stocks and contracts in progress | 3 | €6,453 | €7,300 | +€847 | +13.1% |
| Stocks | 30/36 | €6,453 | €7,300 | +€847 | +13.1% |
| Amounts receivable within one year | 40/41 | €430,026 | €461,989 | +€31,963 | +7.4% |
| Trade receivables | 40 | €90,205 | €117,242 | +€27,037 | +30.0% |
| Other amounts receivable | 41 | €339,821 | €344,747 | +€4,926 | +1.4% |
| Cash at bank and in hand | 54/58 | €109,841 | €154,273 | +€44,432 | +40.5% |
| Deferred charges and accrued income | 490/1 | €1,425 | €5,332 | +€3,907 | +274% |
| Total equity and liabilities | 10/49 | €657,043 | €748,214 | +€91,171 | +13.9% |
| Equity | 10/15 | €435,816 | €429,435 | -€6,380 | -1.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €373,816 | €367,435 | -€6,380 | -1.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €367,616 | €361,235 | -€6,380 | -1.7% |
| Amounts payable | 17/49 | €221,227 | €318,779 | +€97,551 | +44.1% |
| Amounts payable after more than one year | 17 | €54,326 | €74,229 | +€19,903 | +36.6% |
| Financial debts | 170/4 | €54,326 | €74,229 | +€19,903 | +36.6% |
| Amounts payable within one year | 42/48 | €166,901 | €244,549 | +€77,648 | +46.5% |
| Current portion of amounts payable after more than one year | 42 | €23,879 | €26,881 | +€3,002 | +12.6% |
| Trade debts | 44 | €120,094 | €106,008 | -€14,085 | -11.7% |
| Suppliers | 440/4 | €120,094 | €106,008 | -€14,085 | -11.7% |
| Advances received on contracts in progress | 46 | €3,452 | - | -€3,452 | |
| Taxes, remuneration and social security | 45 | €19,430 | €23,659 | +€4,229 | +21.8% |
| Taxes | 450/3 | €2,550 | €6,258 | +€3,708 | +145% |
| Remuneration and social security | 454/9 | €16,880 | €17,401 | +€521 | +3.1% |
| Other amounts payable | 47/48 | €46 | €88,000 | +€87,954 | +191,538% |
| Non-recurring operating income | 76A | €750 | - | -€750 | |
| Remuneration, social security and pensions | 62 | €176,475 | €181,195 | +€4,719 | +2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,721 | €29,568 | +€6,846 | +30.1% |
| Other operating charges | 640/8 | - | €565 | +€565 | |
| Non-recurring operating charges | 66A | - | €6,255 | +€6,255 | |
| Gross operating margin | 9900 | €204,710 | €327,935 | +€123,224 | +60.2% |
| Operating profit (loss) | 9901 | €5,514 | €110,352 | +€104,839 | +1,901% |
| Financial income | 75/76B | €9,343 | €9,929 | +€586 | +6.3% |
| Recurring financial income | 75 | €9,343 | €9,929 | +€586 | +6.3% |
| Financial charges | 65/66B | €5,264 | €7,753 | +€2,490 | +47.3% |
| Recurring financial charges | 65 | €5,264 | €7,753 | +€2,490 | +47.3% |
| Profit (loss) for the period before taxes | 9903 | €9,593 | €112,528 | +€102,935 | +1,073% |
| Income taxes | 67/77 | €3,657 | €30,908 | +€27,251 | +745% |
| Profit (loss) for the period | 9904 | €5,935 | €81,620 | +€75,684 | +1,275% |
| Profit (loss) for the period to be appropriated | 9905 | €5,935 | €81,620 | +€75,684 | +1,275% |
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 16 October 2026 via checked.be.