Van Laethem: 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 Laethem
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€6,220
down €6,220 (-6.5%), from €95,514 to €89,294
- Gross operating margin -€43,318
down €43,318 (-97.3%), from €44,500 to €1,181
- Other operating charges -€2,145
down €2,145 (-57.8%), from €3,712 to €1,567
From the 2023 result to the 2024 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €432,031 | €425,729 | -€6,302 | -1.5% |
| Fixed assets | 21/28 | €401,930 | €397,670 | -€4,260 | -1.1% |
| Tangible fixed assets | 22/27 | €401,930 | €397,670 | -€4,260 | -1.1% |
| Land and buildings | 22 | €398,078 | €392,738 | -€5,339 | -1.3% |
| Plant, machinery and equipment | 23 | €3,853 | €3,459 | -€394 | -10.2% |
| Furniture and vehicles | 24 | - | €1,473 | +€1,473 | |
| Current assets | 29/58 | €30,101 | €28,059 | -€2,041 | -6.8% |
| Stocks and contracts in progress | 3 | €2,438 | - | -€2,438 | |
| Stocks | 30/36 | €2,438 | - | -€2,438 | |
| Amounts receivable within one year | 40/41 | €27,663 | €28,059 | +€397 | +1.4% |
| Trade receivables | 40 | €600 | €600 | = | 0.0% |
| Other amounts receivable | 41 | €27,063 | €27,459 | +€397 | +1.5% |
| Total equity and liabilities | 10/49 | €432,031 | €425,729 | -€6,302 | -1.5% |
| Equity | 10/15 | €378,468 | €372,248 | -€6,220 | -1.6% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €158,954 | €158,954 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,289 | €25,289 | = | 0.0% |
| Reserves not available under the articles | 1311 | €25,289 | €25,289 | = | 0.0% |
| Tax-exempt reserves | 132 | €99,950 | €99,950 | = | 0.0% |
| Distributable reserves | 133 | €33,715 | €33,715 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,514 | €89,294 | -€6,220 | -6.5% |
| Provisions and deferred taxes | 16 | €41,739 | €41,739 | = | 0.0% |
| Deferred taxes | 168 | €41,739 | €41,739 | = | 0.0% |
| Amounts payable | 17/49 | €11,824 | €11,742 | -€82 | -0.7% |
| Amounts payable within one year | 42/48 | €11,824 | €11,742 | -€82 | -0.7% |
| Financial debts | 43 | €3,554 | €4,147 | +€593 | +16.7% |
| Credit institutions | 430/8 | - | €2,502 | +€2,502 | |
| Other loans | 439 | €3,554 | €1,645 | -€1,909 | -53.7% |
| Trade debts | 44 | €2,128 | €1,859 | -€269 | -12.6% |
| Suppliers | 440/4 | €2,128 | €1,859 | -€269 | -12.6% |
| Taxes, remuneration and social security | 45 | €6,142 | €5,736 | -€406 | -6.6% |
| Taxes | 450/3 | €6,142 | €5,736 | -€406 | -6.6% |
| Non-recurring operating income | 76A | €343 | €165 | -€177 | -51.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,756 | €5,760 | +€4 | +0.1% |
| Other operating charges | 640/8 | €3,712 | €1,567 | -€2,145 | -57.8% |
| Gross operating margin | 9900 | €44,500 | €1,181 | -€43,318 | -97.3% |
| Operating profit (loss) | 9901 | €35,031 | -€6,146 | -€41,177 | |
| Financial charges | 65/66B | €469 | €74 | -€395 | -84.2% |
| Recurring financial charges | 65 | €469 | €74 | -€395 | -84.2% |
| Profit (loss) for the period before taxes | 9903 | €34,562 | -€6,220 | -€40,781 | |
| Profit (loss) for the period | 9904 | €34,562 | -€6,220 | -€40,781 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,562 | -€6,220 | -€40,781 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.