VAN LAER PLUS: 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 PLUS
Largest movements
- Cash +€21,315
up €21,315 (+109.2%), from €19,512 to €40,827
mainly Depreciation (+€18,403) and Net result for the year (+€15,294)
- Tangible fixed assets -€18,403
down €18,403 (-22.1%), from €83,142 to €64,739
of which Furniture and vehicles: -€17,485
- Receivables within one year -€8,320
down €8,320 (-27.3%), from €30,509 to €22,189
of which Trade receivables: -€6,355
- Reserves +€15,294
up €15,294 (+11.5%), from €133,505 to €148,800
of which Distributable reserves: +€15,294
- Debts after one year -€10,968
down €10,968 (-28.1%), from €38,985 to €28,017
- Current portion of long-term debt -€7,687
down €7,687 (-41.2%), from €18,655 to €10,968
- Trade debts -€2,047
down €2,047 (-37.8%), from €5,411 to €3,364
- Depreciation +€12,814
up €12,814 (+229.3%), from €5,589 to €18,403
- Taxes -€2,853
down €2,853 (-23.0%), from €12,383 to €9,529
- Financial charges -€1,133
down €1,133 (-50.7%), from €2,233 to €1,100
- Financial income -€1,000
no longer reported in 2025 (was €1,000)
- Gross operating margin +€649
up €649 (+1.5%), from €44,206 to €44,855
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 | €133,163 | €127,755 | -€5,408 | -4.1% |
| Fixed assets | 21/28 | €83,142 | €64,739 | -€18,403 | -22.1% |
| Tangible fixed assets | 22/27 | €83,142 | €64,739 | -€18,403 | -22.1% |
| Plant, machinery and equipment | 23 | €1,454 | €536 | -€918 | -63.1% |
| Furniture and vehicles | 24 | €81,688 | €64,203 | -€17,485 | -21.4% |
| Current assets | 29/58 | €50,021 | €63,016 | +€12,995 | +26.0% |
| Amounts receivable within one year | 40/41 | €30,509 | €22,189 | -€8,320 | -27.3% |
| Trade receivables | 40 | €6,355 | - | -€6,355 | |
| Other amounts receivable | 41 | €24,154 | €22,189 | -€1,965 | -8.1% |
| Cash at bank and in hand | 54/58 | €19,512 | €40,827 | +€21,315 | +109.2% |
| Total equity and liabilities | 10/49 | €133,163 | €127,755 | -€5,408 | -4.1% |
| Equity | 10/15 | €58,615 | €73,909 | +€15,294 | +26.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €133,505 | €148,800 | +€15,294 | +11.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €131,645 | €146,940 | +€15,294 | +11.6% |
| Profit (loss) carried forward | 14 | -€93,491 | -€93,491 | = | 0.0% |
| Amounts payable | 17/49 | €74,548 | €53,846 | -€20,702 | -27.8% |
| Amounts payable after more than one year | 17 | €38,985 | €28,017 | -€10,968 | -28.1% |
| Financial debts | 170/4 | €38,985 | €28,017 | -€10,968 | -28.1% |
| Amounts payable within one year | 42/48 | €35,563 | €25,829 | -€9,734 | -27.4% |
| Current portion of amounts payable after more than one year | 42 | €18,655 | €10,968 | -€7,687 | -41.2% |
| Trade debts | 44 | €5,411 | €3,364 | -€2,047 | -37.8% |
| Suppliers | 440/4 | €5,411 | €3,364 | -€2,047 | -37.8% |
| Taxes, remuneration and social security | 45 | €11,497 | €11,497 | = | 0.0% |
| Taxes | 450/3 | €11,497 | €11,497 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,589 | €18,403 | +€12,814 | +229.3% |
| Other operating charges | 640/8 | €818 | €528 | -€289 | -35.4% |
| Non-recurring operating charges | 66A | €355 | - | -€355 | |
| Gross operating margin | 9900 | €44,206 | €44,855 | +€649 | +1.5% |
| Operating profit (loss) | 9901 | €37,444 | €25,924 | -€11,520 | -30.8% |
| Financial income | 75/76B | €1,000 | - | -€1,000 | |
| Recurring financial income | 75 | €1,000 | - | -€1,000 | |
| Financial charges | 65/66B | €2,233 | €1,100 | -€1,133 | -50.7% |
| Recurring financial charges | 65 | €2,233 | €1,100 | -€1,133 | -50.7% |
| Profit (loss) for the period before taxes | 9903 | €36,211 | €24,824 | -€11,388 | -31.4% |
| Income taxes | 67/77 | €12,383 | €9,529 | -€2,853 | -23.0% |
| Profit (loss) for the period | 9904 | €23,829 | €15,294 | -€8,534 | -35.8% |
| Profit (loss) for the period to be appropriated | 9905 | €23,829 | €15,294 | -€8,534 | -35.8% |
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.