VAN LAERE STEPHAN: 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 LAERE STEPHAN
NACE 01.191, Growing of flowers
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€63,315
2024 · -€63,784+€469
Equity
€549,599
2024 · €612,915-€63,315
Cash
€159,534
2024 · €178,354-€18,819
Balance sheet total
€2.5m
2024 · €2.7m-€156,266
Largest movements
Assets
- Tangible fixed assets -€147,974
down €147,974 (-9.4%), from €1.6m to €1.4m
of which Plant, machinery and equipment: -€101,671
- Stocks and contracts +€64,675
up €64,675 (+8.1%), from €803,100 to €867,775
- Receivables within one year -€45,366
down €45,366 (-40.0%), from €113,519 to €68,153
of which Trade receivables: -€38,782
Equity and liabilities
- Debts after one year -€133,460
down €133,460 (-18.5%), from €720,498 to €587,038
- Profit (loss) carried forward -€63,315
down €63,315 (-15.7%), from €402,915 to €339,599
Income statement
- Gross operating margin +€28,288
up €28,288 (+4.5%), from €625,575 to €653,863
- Staff costs +€22,526
up €22,526 (+4.7%), from €484,181 to €506,707
- Financial income -€12,693
down €12,693 (-84.1%), from €15,086 to €2,393
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
-€63,784
Gross operating margin
+€28,288
Staff costs
-€22,526
Depreciation
+€2,928
Other operating charges
-€241
Financial income
-€12,693
Financial charges
+€4,713
Result 2025
-€63,315
raises the resultlowers the result
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
+€121,236
Investment
-€7,295
Financing
-€132,761
Cash 2024
€178,354
From operations (derived)
+€121,236
Net result for the year
-€63,315
Depreciation
+€155,269
Stocks and contracts
-€64,675
Receivables within one year
+€45,366
Deferred charges and accrued income
+€8,781
Trade debts
-€25,155
Tax, wage and social debts
+€23,734
Other debts
+€26,232
Accrued charges and deferred income
+€14,998
Investment (derived)
-€7,295
Investment in fixed assets (net)
-€7,295
Financing
-€132,761
Debts after one year
-€133,460
Current portion of long-term debt
+€700
Cash 2025
€159,534
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,680,181 | €2,523,915 | -€156,266 | -5.8% |
| Fixed assets | 21/28 | €1,571,261 | €1,423,287 | -€147,974 | -9.4% |
| Tangible fixed assets | 22/27 | €1,570,991 | €1,423,017 | -€147,974 | -9.4% |
| Land and buildings | 22 | €881,514 | €857,354 | -€24,160 | -2.7% |
| Plant, machinery and equipment | 23 | €638,761 | €537,090 | -€101,671 | -15.9% |
| Furniture and vehicles | 24 | €50,716 | €28,573 | -€22,143 | -43.7% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €1,108,920 | €1,100,628 | -€8,292 | -0.7% |
| Stocks and contracts in progress | 3 | €803,100 | €867,775 | +€64,675 | +8.1% |
| Stocks | 30/36 | €803,100 | €867,775 | +€64,675 | +8.1% |
| Amounts receivable within one year | 40/41 | €113,519 | €68,153 | -€45,366 | -40.0% |
| Trade receivables | 40 | €100,081 | €61,299 | -€38,782 | -38.8% |
| Other amounts receivable | 41 | €13,439 | €6,854 | -€6,584 | -49.0% |
| Cash at bank and in hand | 54/58 | €178,354 | €159,534 | -€18,819 | -10.6% |
| Deferred charges and accrued income | 490/1 | €13,947 | €5,166 | -€8,781 | -63.0% |
| Total equity and liabilities | 10/49 | €2,680,181 | €2,523,915 | -€156,266 | -5.8% |
| Equity | 10/15 | €612,915 | €549,599 | -€63,315 | -10.3% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €60,000 | €60,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €15,000 | - | -€15,000 | |
| Reserves not available under the articles | 1311 | €15,000 | - | -€15,000 | |
| Distributable reserves | 133 | €45,000 | €60,000 | +€15,000 | +33.3% |
| Profit (loss) carried forward | 14 | €402,915 | €339,599 | -€63,315 | -15.7% |
| Amounts payable | 17/49 | €2,067,266 | €1,974,316 | -€92,951 | -4.5% |
| Amounts payable after more than one year | 17 | €720,498 | €587,038 | -€133,460 | -18.5% |
| Financial debts | 170/4 | €720,498 | €587,038 | -€133,460 | -18.5% |
| Amounts payable within one year | 42/48 | €1,332,360 | €1,357,872 | +€25,512 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €182,761 | €183,460 | +€700 | +0.4% |
| Financial debts | 43 | €240,000 | €240,000 | = | 0.0% |
| Credit institutions | 430/8 | €240,000 | €240,000 | = | 0.0% |
| Trade debts | 44 | €273,270 | €248,115 | -€25,155 | -9.2% |
| Suppliers | 440/4 | €273,270 | €248,115 | -€25,155 | -9.2% |
| Taxes, remuneration and social security | 45 | €140,837 | €164,572 | +€23,734 | +16.9% |
| Taxes | 450/3 | €7,560 | €7,842 | +€282 | +3.7% |
| Remuneration and social security | 454/9 | €133,278 | €156,730 | +€23,453 | +17.6% |
| Other amounts payable | 47/48 | €495,492 | €521,724 | +€26,232 | +5.3% |
| Accrued charges and deferred income | 492/3 | €14,408 | €29,406 | +€14,998 | +104% |
| Remuneration, social security and pensions | 62 | €484,181 | €506,707 | +€22,526 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €158,197 | €155,269 | -€2,928 | -1.9% |
| Other operating charges | 640/8 | €21,242 | €21,483 | +€241 | +1.1% |
| Gross operating margin | 9900 | €625,575 | €653,863 | +€28,288 | +4.5% |
| Operating profit (loss) | 9901 | -€38,044 | -€29,595 | +€8,449 | +22.2% |
| Financial income | 75/76B | €15,086 | €2,393 | -€12,693 | -84.1% |
| Recurring financial income | 75 | €15,086 | €2,393 | -€12,693 | -84.1% |
| Financial charges | 65/66B | €40,825 | €36,113 | -€4,713 | -11.5% |
| Recurring financial charges | 65 | €40,825 | €36,113 | -€4,713 | -11.5% |
| Profit (loss) for the period before taxes | 9903 | -€63,784 | -€63,315 | +€469 | +0.7% |
| Profit (loss) for the period | 9904 | -€63,784 | -€63,315 | +€469 | +0.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€63,784 | -€63,315 | +€469 | +0.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.