VAN LOO-PEETERS: 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 LOO-PEETERS
Largest movements
- Cash +€99,934
up €99,934 (+99.6%), from €100,302 to €200,237
mainly Depreciation (+€156,210) and Receivables within one year (+€83,565)
- Receivables within one year -€83,565
down €83,565 (-11.5%), from €726,131 to €642,566
of which Trade receivables: -€81,513
- Tangible fixed assets -€43,372
down €43,372 (-4.8%), from €905,152 to €861,780
of which Furniture and vehicles: -€63,134
No liability line moved by more than 1% of the balance sheet total.
- Staff costs -€64,015
down €64,015 (-9.8%), from €655,675 to €591,660
- Other operating charges +€27,861
up €27,861 (+31.0%), from €89,868 to €117,729
- Gross operating margin -€15,879
down €15,879 (-1.8%), from €864,832 to €848,953
- Depreciation +€12,876
up €12,876 (+9.0%), from €143,334 to €156,210
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 | €2,294,135 | €2,276,444 | -€17,691 | -0.8% |
| Fixed assets | 21/28 | €905,152 | €861,780 | -€43,372 | -4.8% |
| Tangible fixed assets | 22/27 | €905,152 | €861,780 | -€43,372 | -4.8% |
| Land and buildings | 22 | €504,705 | €489,492 | -€15,213 | -3.0% |
| Plant, machinery and equipment | 23 | €228,399 | €267,374 | +€38,975 | +17.1% |
| Furniture and vehicles | 24 | €160,048 | €96,913 | -€63,134 | -39.4% |
| Other tangible fixed assets | 26 | €12,000 | €8,000 | -€4,000 | -33.3% |
| Current assets | 29/58 | €1,388,983 | €1,414,665 | +€25,681 | +1.8% |
| Stocks and contracts in progress | 3 | €18,584 | €16,638 | -€1,946 | -10.5% |
| Stocks | 30/36 | €18,584 | €16,638 | -€1,946 | -10.5% |
| Amounts receivable within one year | 40/41 | €726,131 | €642,566 | -€83,565 | -11.5% |
| Trade receivables | 40 | €724,079 | €642,566 | -€81,513 | -11.3% |
| Other amounts receivable | 41 | €2,051 | - | -€2,051 | |
| Current investments | 50/53 | €543,966 | €555,224 | +€11,257 | +2.1% |
| Cash at bank and in hand | 54/58 | €100,302 | €200,237 | +€99,934 | +99.6% |
| Total equity and liabilities | 10/49 | €2,294,135 | €2,276,444 | -€17,691 | -0.8% |
| Equity | 10/15 | €2,168,015 | €2,157,169 | -€10,846 | -0.5% |
| Contributions | 10/11 | €275,100 | €275,100 | = | 0.0% |
| Capital | 10 | €275,100 | €275,100 | = | 0.0% |
| Issued capital | 100 | €275,100 | €275,100 | = | 0.0% |
| Reserves | 13 | €1,884,964 | €1,876,766 | -€8,198 | -0.4% |
| Non-distributable reserves | 130/1 | €52,500 | €52,500 | = | 0.0% |
| Legal reserve | 130 | €52,500 | €52,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €73,292 | €44,957 | -€28,335 | -38.7% |
| Distributable reserves | 133 | €1,759,172 | €1,779,309 | +€20,137 | +1.1% |
| Investment grants | 15 | €7,951 | €5,303 | -€2,648 | -33.3% |
| Provisions and deferred taxes | 16 | €24,431 | €14,986 | -€9,445 | -38.7% |
| Deferred taxes | 168 | €24,431 | €14,986 | -€9,445 | -38.7% |
| Amounts payable | 17/49 | €101,689 | €104,289 | +€2,600 | +2.6% |
| Amounts payable within one year | 42/48 | €100,967 | €103,585 | +€2,617 | +2.6% |
| Trade debts | 44 | €43,007 | €40,233 | -€2,774 | -6.5% |
| Suppliers | 440/4 | €43,007 | €40,233 | -€2,774 | -6.5% |
| Taxes, remuneration and social security | 45 | €55,199 | €60,929 | +€5,730 | +10.4% |
| Taxes | 450/3 | €1,152 | €10,601 | +€9,449 | +819.9% |
| Remuneration and social security | 454/9 | €54,046 | €50,328 | -€3,719 | -6.9% |
| Other amounts payable | 47/48 | €2,762 | €2,423 | -€339 | -12.3% |
| Accrued charges and deferred income | 492/3 | €722 | €704 | -€17 | -2.4% |
| Non-recurring operating income | 76A | €29,000 | €94,708 | +€65,708 | +226.6% |
| Remuneration, social security and pensions | 62 | €655,675 | €591,660 | -€64,015 | -9.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €143,334 | €156,210 | +€12,876 | +9.0% |
| Other operating charges | 640/8 | €89,868 | €117,729 | +€27,861 | +31.0% |
| Gross operating margin | 9900 | €864,832 | €848,953 | -€15,879 | -1.8% |
| Operating profit (loss) | 9901 | -€24,046 | -€16,646 | +€7,400 | +30.8% |
| Financial income | 75/76B | €3,204 | €9,594 | +€6,390 | +199.5% |
| Recurring financial income | 75 | €3,204 | €9,594 | +€6,390 | +199.5% |
| Financial charges | 65/66B | €3,040 | €2,020 | -€1,020 | -33.5% |
| Recurring financial charges | 65 | €3,040 | €2,020 | -€1,020 | -33.5% |
| Profit (loss) for the period before taxes | 9903 | -€23,883 | -€9,073 | +€14,810 | +62.0% |
| Transfer from deferred taxes | 780 | €9,445 | €9,445 | = | 0.0% |
| Income taxes | 67/77 | €1,263 | €8,570 | +€7,307 | +578.4% |
| Profit (loss) for the period | 9904 | -€15,701 | -€8,198 | +€7,504 | +47.8% |
| Transfer from tax-exempt reserves | 789 | €28,335 | €28,335 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,634 | €20,137 | +€7,504 | +59.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.