VAN LAER-EYSKENS: 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 LAER-EYSKENS
Largest movements
- Cash +€35,953
up €35,953 (+77.6%), from €46,320 to €82,273
mainly Net result for the year (+€20,266) and Depreciation (+€15,416)
- Receivables within one year -€9,301
down €9,301 (-78.0%), from €11,927 to €2,626
of which Trade receivables: -€5,105
- Tangible fixed assets -€7,843
down €7,843 (-14.9%), from €52,797 to €44,955
of which Furniture and vehicles: -€8,335
- Stocks and contracts -€6,162
down €6,162 (-15.6%), from €39,515 to €33,353
- Deferred charges and accrued income +€4,173
up €4,173 (+137.9%), from €3,025 to €7,197
- Reserves +€16,266
up €16,266 (+13.7%), from €118,727 to €134,993
of which Distributable reserves: +€19,466
- Tax, wage and social debts +€8,031
up €8,031 (+97.8%), from €8,210 to €16,240
- Other debts -€6,748
down €6,748 (-44.6%), from €15,127 to €8,378
- Trade debts +€2,120
up €2,120 (+192.2%), from €1,103 to €3,224
- Gross operating margin -€12,662
down €12,662 (-24.8%), from €51,110 to €38,448
- Financial income +€5,236
up €5,236 (+527.8%), from €992 to €6,229
of which Non-recurring financial income: +€5,258
- Depreciation +€4,957
up €4,957 (+47.4%), from €10,460 to €15,416
- Taxes +€962
up €962 (+12.6%), from €7,639 to €8,601
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 | €153,584 | €170,405 | +€16,821 | +11.0% |
| Fixed assets | 21/28 | €52,797 | €44,955 | -€7,843 | -14.9% |
| Tangible fixed assets | 22/27 | €52,797 | €44,955 | -€7,843 | -14.9% |
| Plant, machinery and equipment | 23 | €8,170 | €10,491 | +€2,321 | +28.4% |
| Furniture and vehicles | 24 | €31,647 | €23,312 | -€8,335 | -26.3% |
| Other tangible fixed assets | 26 | €12,980 | €11,152 | -€1,828 | -14.1% |
| Current assets | 29/58 | €100,787 | €125,450 | +€24,663 | +24.5% |
| Stocks and contracts in progress | 3 | €39,515 | €33,353 | -€6,162 | -15.6% |
| Stocks | 30/36 | €39,515 | €33,353 | -€6,162 | -15.6% |
| Amounts receivable within one year | 40/41 | €11,927 | €2,626 | -€9,301 | -78.0% |
| Trade receivables | 40 | €5,255 | €150 | -€5,105 | -97.1% |
| Other amounts receivable | 41 | €6,672 | €2,476 | -€4,195 | -62.9% |
| Cash at bank and in hand | 54/58 | €46,320 | €82,273 | +€35,953 | +77.6% |
| Deferred charges and accrued income | 490/1 | €3,025 | €7,197 | +€4,173 | +137.9% |
| Total equity and liabilities | 10/49 | €153,584 | €170,405 | +€16,821 | +11.0% |
| Equity | 10/15 | €124,927 | €141,193 | +€16,266 | +13.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €118,727 | €134,993 | +€16,266 | +13.7% |
| Tax-exempt reserves | 132 | €25,244 | €22,044 | -€3,200 | -12.7% |
| Distributable reserves | 133 | €93,483 | €112,950 | +€19,466 | +20.8% |
| Provisions and deferred taxes | 16 | €1,307 | €507 | -€800 | -61.2% |
| Deferred taxes | 168 | €1,307 | €507 | -€800 | -61.2% |
| Amounts payable | 17/49 | €27,350 | €28,704 | +€1,355 | +5.0% |
| Amounts payable after more than one year | 17 | €862 | - | -€862 | |
| Financial debts | 170/4 | €862 | - | -€862 | |
| Amounts payable within one year | 42/48 | €26,487 | €28,704 | +€2,217 | +8.4% |
| Current portion of amounts payable after more than one year | 42 | €2,048 | €862 | -€1,185 | -57.9% |
| Trade debts | 44 | €1,103 | €3,224 | +€2,120 | +192.2% |
| Suppliers | 440/4 | €1,103 | €3,224 | +€2,120 | +192.2% |
| Taxes, remuneration and social security | 45 | €8,210 | €16,240 | +€8,031 | +97.8% |
| Taxes | 450/3 | €8,210 | €16,240 | +€8,031 | +97.8% |
| Other amounts payable | 47/48 | €15,127 | €8,378 | -€6,748 | -44.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,460 | €15,416 | +€4,957 | +47.4% |
| Other operating charges | 640/8 | €1,370 | €912 | -€458 | -33.5% |
| Gross operating margin | 9900 | €51,110 | €38,448 | -€12,662 | -24.8% |
| Operating profit (loss) | 9901 | €39,280 | €22,120 | -€17,160 | -43.7% |
| Financial income | 75/76B | €992 | €6,229 | +€5,236 | +527.8% |
| Recurring financial income | 75 | €492 | €470 | -€22 | -4.5% |
| Non-recurring financial income | 76B | €500 | €5,758 | +€5,258 | +1051.7% |
| Financial charges | 65/66B | €266 | €282 | +€16 | +5.9% |
| Recurring financial charges | 65 | €266 | €282 | +€16 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €40,006 | €28,067 | -€11,939 | -29.8% |
| Transfer from deferred taxes | 780 | €800 | €800 | = | 0.0% |
| Income taxes | 67/77 | €7,639 | €8,601 | +€962 | +12.6% |
| Profit (loss) for the period | 9904 | €33,168 | €20,266 | -€12,901 | -38.9% |
| Transfer from tax-exempt reserves | 789 | €3,200 | €3,200 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €36,368 | €23,466 | -€12,901 | -35.5% |
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 30 September 2026 via checked.be.