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VAN LOO CONSTRUCT: 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.

What changed

VAN LOO CONSTRUCT

BE 0823.891.769
NACE 41.003, General construction of other non-residential buildings
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€20,140
2023 · €30,039-€9,899
Equity
€134,084
2023 · €113,944+€20,140
Cash
€28,843
2023 · €21,923+€6,920
Balance sheet total
€399,053
2023 · €334,931+€64,121

Largest movements

2023 to 2024
Assets
  • Deferred charges and accrued income +€59,141

    up €59,141 (+1873.7%), from €3,156 to €62,298

  • Tangible fixed assets -€49,017

    down €49,017 (-27.9%), from €175,395 to €126,378

    of which Furniture and vehicles: -€35,856

  • Receivables within one year +€37,077

    up €37,077 (+31.0%), from €119,456 to €156,533

    of which Trade receivables: +€41,112

  • Stocks and contracts +€10,000

    up €10,000 (+66.7%), from €15,000 to €25,000

  • Cash +€6,920

    up €6,920 (+31.6%), from €21,923 to €28,843

    mainly Trade debts (+€78,322) and Depreciation (+€45,984)

Equity and liabilities
  • Trade debts +€78,322

    up €78,322 (+127.0%), from €61,648 to €139,970

  • Debts after one year -€32,600

    down €32,600 (-52.7%), from €61,886 to €29,286

  • Accrued charges and deferred income -€30,083

    down €30,083 (-100.0%), from €30,083 to €0

  • Other debts +€21,891

    up €21,891 (+323.8%), from €6,761 to €28,651

  • Profit (loss) carried forward +€20,140

    up €20,140 (+37.9%), from €53,195 to €73,335

Income statement
  • Staff costs +€49,262

    up €49,262 (+324.0%), from €15,205 to €64,466

  • Gross operating margin +€33,822

    up €33,822 (+30.3%), from €111,731 to €145,552

  • Other operating charges -€4,026

    down €4,026 (-66.1%), from €6,087 to €2,060

  • Taxes -€3,003

    down €3,003 (-24.0%), from €12,507 to €9,505

  • Depreciation +€1,887

    up €1,887 (+4.3%), from €44,097 to €45,984

From the 2023 result to the 2024 result

effect on the 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 2023 €30,039
Gross operating margin +€33,822
Staff costs -€49,262
Depreciation -€1,887
Other operating charges +€4,026
Financial income -€64
Financial charges +€464
Taxes +€3,003
Result 2024 €20,140

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€35,961
Investment +€3,033
Financing -€32,074
Cash 2023 €21,923
Net result for the year +€20,140
Depreciation +€45,984
Stocks and contracts -€10,000
Receivables within one year -€37,077
Deferred charges and accrued income -€59,141
Trade debts +€78,322
Tax, wage and social debts -€1,982
Advances received +€7,909
Other debts +€21,891
Accrued charges and deferred income -€30,083
Investment in fixed assets (net) +€3,033
Debts after one year -€32,600
Current portion of long-term debt -€122
Short-term financial debts +€647
Cash 2024 €28,843
Every line side by side 51 lines
Line Code 2023 2024 Change %
Total assets 20/58 €334,931 €399,053 +€64,121 +19.1%
Fixed assets 21/28 €175,395 €126,378 -€49,017 -27.9%
Tangible fixed assets 22/27 €175,395 €126,378 -€49,017 -27.9%
Plant, machinery and equipment 23 €67,140 €53,979 -€13,161 -19.6%
Furniture and vehicles 24 €108,255 €72,399 -€35,856 -33.1%
Current assets 29/58 €159,536 €272,674 +€113,138 +70.9%
Stocks and contracts in progress 3 €15,000 €25,000 +€10,000 +66.7%
Stocks 30/36 €15,000 €25,000 +€10,000 +66.7%
Amounts receivable within one year 40/41 €119,456 €156,533 +€37,077 +31.0%
Trade receivables 40 €110,829 €151,942 +€41,112 +37.1%
Other amounts receivable 41 €8,627 €4,591 -€4,036 -46.8%
Cash at bank and in hand 54/58 €21,923 €28,843 +€6,920 +31.6%
Deferred charges and accrued income 490/1 €3,156 €62,298 +€59,141 +1873.7%
Total equity and liabilities 10/49 €334,931 €399,053 +€64,121 +19.1%
Equity 10/15 €113,944 €134,084 +€20,140 +17.7%
Contributions 10/11 €18,600 €18,600 = 0.0%
Reserves 13 €42,149 €42,149 = 0.0%
Non-distributable reserves 130/1 €861 €861 = 0.0%
Reserves not available under the articles 1311 €861 €861 = 0.0%
Distributable reserves 133 €41,288 €41,288 = 0.0%
Profit (loss) carried forward 14 €53,195 €73,335 +€20,140 +37.9%
Amounts payable 17/49 €220,988 €264,969 +€43,981 +19.9%
Amounts payable after more than one year 17 €61,886 €29,286 -€32,600 -52.7%
Financial debts 170/4 €61,886 €29,286 -€32,600 -52.7%
Amounts payable within one year 42/48 €129,019 €235,683 +€106,664 +82.7%
Current portion of amounts payable after more than one year 42 €32,722 €32,600 -€122 -0.4%
Financial debts 43 €0 €647 +€647
Credit institutions 430/8 €0 €647 +€647
Trade debts 44 €61,648 €139,970 +€78,322 +127.0%
Suppliers 440/4 €61,648 €139,970 +€78,322 +127.0%
Advances received on contracts in progress 46 - €7,909 +€7,909
Taxes, remuneration and social security 45 €27,888 €25,906 -€1,982 -7.1%
Taxes 450/3 €27,888 €25,122 -€2,766 -9.9%
Remuneration and social security 454/9 €0 €784 +€784
Other amounts payable 47/48 €6,761 €28,651 +€21,891 +323.8%
Accrued charges and deferred income 492/3 €30,083 €0 -€30,083 -100.0%
Non-recurring operating income 76A €29,800 €3,467 -€26,333 -88.4%
Remuneration, social security and pensions 62 €15,205 €64,466 +€49,262 +324.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €44,097 €45,984 +€1,887 +4.3%
Other operating charges 640/8 €6,087 €2,060 -€4,026 -66.1%
Non-recurring operating charges 66A €0 - =
Gross operating margin 9900 €111,731 €145,552 +€33,822 +30.3%
Operating profit (loss) 9901 €46,342 €33,042 -€13,301 -28.7%
Financial income 75/76B €512 €448 -€64 -12.5%
Recurring financial income 75 €512 €448 -€64 -12.5%
Financial charges 65/66B €4,308 €3,845 -€464 -10.8%
Recurring financial charges 65 €4,308 €3,845 -€464 -10.8%
Profit (loss) for the period before taxes 9903 €42,546 €29,645 -€12,901 -30.3%
Income taxes 67/77 €12,507 €9,505 -€3,003 -24.0%
Profit (loss) for the period 9904 €30,039 €20,140 -€9,899 -33.0%
Profit (loss) for the period to be appropriated 9905 €30,039 €20,140 -€9,899 -33.0%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.