VAN LOO TECHNICS: 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 LOO TECHNICS
Largest movements
- Stocks and contracts -€732,059
down €732,059 (-21.3%), from €3.4m to €2.7m
- Receivables within one year -€322,771
down €322,771 (-24.6%), from €1.3m to €988,995
of which Other amounts receivable: -€243,467
- Deferred charges and accrued income +€86,049
up €86,049 (+243.2%), from €35,388 to €121,436
- Tangible fixed assets -€58,116
down €58,116 (-16.6%), from €349,981 to €291,865
of which Leasing and similar rights: -€88,637
- Trade debts -€1.5m
down €1.5m (-46.8%), from €3.2m to €1.7m
- Reserves +€220,585
up €220,585 (+81.3%), from €271,254 to €491,839
of which Distributable reserves: +€222,445
- Tax, wage and social debts +€182,655
up €182,655 (+425.5%), from €42,929 to €225,584
of which Taxes: +€175,292
- Current portion of long-term debt +€153,399
up €153,399 (+329.8%), from €46,520 to €199,919
- Debts after one year -€115,952
down €115,952 (-7.2%), from €1.6m to €1.5m
of which Other amounts payable: -€403,523
- Gross operating margin +€441,112
up €441,112 (+71.6%), from €615,888 to €1.1m
- Staff costs +€185,307
up €185,307 (+78.5%), from €235,983 to €421,290
- Financial charges +€128,656
up €128,656 (+195.0%), from €65,993 to €194,649
- Taxes +€35,788
up €35,788 (+79.3%), from €45,115 to €80,903
- Depreciation -€23,151
down €23,151 (-14.5%), from €159,713 to €136,562
From the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,151,117 | €4,121,685 | -€1.0m | -20.0% |
| Fixed assets | 21/28 | €350,982 | €292,866 | -€58,116 | -16.6% |
| Tangible fixed assets | 22/27 | €349,981 | €291,865 | -€58,116 | -16.6% |
| Land and buildings | 22 | €30,508 | €67,179 | +€36,671 | +120.2% |
| Plant, machinery and equipment | 23 | €70,268 | €79,346 | +€9,078 | +12.9% |
| Furniture and vehicles | 24 | €95,463 | €80,236 | -€15,227 | -16.0% |
| Leasing and similar rights | 25 | €153,742 | €65,105 | -€88,637 | -57.7% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €4,800,136 | €3,828,819 | -€971,317 | -20.2% |
| Stocks and contracts in progress | 3 | €3,436,059 | €2,704,000 | -€732,059 | -21.3% |
| Stocks | 30/36 | €3,436,059 | €2,704,000 | -€732,059 | -21.3% |
| Amounts receivable within one year | 40/41 | €1,311,766 | €988,995 | -€322,771 | -24.6% |
| Trade receivables | 40 | €617,325 | €538,022 | -€79,304 | -12.8% |
| Other amounts receivable | 41 | €694,441 | €450,974 | -€243,467 | -35.1% |
| Cash at bank and in hand | 54/58 | €16,923 | €14,387 | -€2,535 | -15.0% |
| Deferred charges and accrued income | 490/1 | €35,388 | €121,436 | +€86,049 | +243.2% |
| Total equity and liabilities | 10/49 | €5,151,117 | €4,121,685 | -€1.0m | -20.0% |
| Equity | 10/15 | €289,854 | €510,439 | +€220,585 | +76.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €271,254 | €491,839 | +€220,585 | +81.3% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €13,916 | €13,916 | = | 0.0% |
| Distributable reserves | 133 | €255,477 | €477,923 | +€222,445 | +87.1% |
| Amounts payable | 17/49 | €4,861,264 | €3,611,246 | -€1.3m | -25.7% |
| Amounts payable after more than one year | 17 | €1,614,444 | €1,498,492 | -€115,952 | -7.2% |
| Financial debts | 170/4 | €1,210,922 | €1,498,492 | +€287,570 | +23.7% |
| Other amounts payable | 178/9 | €403,523 | - | -€403,523 | |
| Amounts payable within one year | 42/48 | €3,246,819 | €2,112,753 | -€1.1m | -34.9% |
| Current portion of amounts payable after more than one year | 42 | €46,520 | €199,919 | +€153,399 | +329.8% |
| Trade debts | 44 | €3,154,619 | €1,678,960 | -€1.5m | -46.8% |
| Suppliers | 440/4 | €3,154,619 | €1,678,960 | -€1.5m | -46.8% |
| Taxes, remuneration and social security | 45 | €42,929 | €225,584 | +€182,655 | +425.5% |
| Taxes | 450/3 | €37,854 | €213,147 | +€175,292 | +463.1% |
| Remuneration and social security | 454/9 | €5,075 | €12,438 | +€7,363 | +145.1% |
| Other amounts payable | 47/48 | €2,752 | €8,290 | +€5,539 | +201.3% |
| Non-recurring operating income | 76A | €8,464 | €16,608 | +€8,144 | +96.2% |
| Remuneration, social security and pensions | 62 | €235,983 | €421,290 | +€185,307 | +78.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €159,713 | €136,562 | -€23,151 | -14.5% |
| Other operating charges | 640/8 | - | €3,644 | +€3,644 | |
| Gross operating margin | 9900 | €615,888 | €1,057,000 | +€441,112 | +71.6% |
| Operating profit (loss) | 9901 | €220,192 | €495,505 | +€275,313 | +125.0% |
| Financial income | 75/76B | €1,423 | €631 | -€792 | -55.6% |
| Recurring financial income | 75 | €1,423 | €631 | -€792 | -55.6% |
| Financial charges | 65/66B | €65,993 | €194,649 | +€128,656 | +195.0% |
| Recurring financial charges | 65 | €65,993 | €194,649 | +€128,656 | +195.0% |
| Profit (loss) for the period before taxes | 9903 | €155,623 | €301,488 | +€145,865 | +93.7% |
| Income taxes | 67/77 | €45,115 | €80,903 | +€35,788 | +79.3% |
| Profit (loss) for the period | 9904 | €110,508 | €220,585 | +€110,077 | +99.6% |
| Profit (loss) for the period to be appropriated | 9905 | €110,508 | €220,585 | +€110,077 | +99.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.