VAN LOOCK & PARTNERS: 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 LOOCK & PARTNERS
Largest movements
- Tangible fixed assets -€23,892
down €23,892 (-20.2%), from €118,480 to €94,589
of which Other tangible fixed assets: -€21,381
- Receivables within one year +€6,689
up €6,689 (+10.8%), from €62,169 to €68,858
of which Other amounts receivable: +€3,633
- Deferred charges and accrued income +€4,449
up €4,449 (+892.1%), from €499 to €4,948
- Cash -€2,317
down €2,317 (-13.6%), from €17,075 to €14,759
mainly Net result for the year (-€102,805) and Trade debts (-€20,992)
- Debts after one year +€94,020
up €94,020 (+45.6%), from €205,980 to €300,000
- Profit (loss) carried forward -€83,772
down €83,772 (-92.8%), from -€90,289 to -€174,060
- Trade debts -€20,992
down €20,992 (-89.0%), from €23,580 to €2,588
- Reserves -€19,033
down €19,033 (-100.0%), from €19,033 to €0
- Other debts +€10,935
up €10,935 (+567.7%), from €1,926 to €12,862
- Gross operating margin -€8,542
down €8,542 (-72.8%), from -€11,740 to -€20,282
- Staff costs +€2,344
up €2,344 (+4.6%), from €51,434 to €53,779
- Financial charges +€1,515
up €1,515 (+159.3%), from €951 to €2,467
- Other operating charges +€368
up €368 (+18.2%), from €2,018 to €2,386
- Taxes -€254
down €254 (-100.0%), from €254 to €0
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 | €198,308 | €183,237 | -€15,071 | -7.6% |
| Fixed assets | 21/28 | €118,565 | €94,673 | -€23,892 | -20.2% |
| Tangible fixed assets | 22/27 | €118,480 | €94,589 | -€23,892 | -20.2% |
| Furniture and vehicles | 24 | €16,399 | €13,888 | -€2,511 | -15.3% |
| Other tangible fixed assets | 26 | €102,081 | €80,700 | -€21,381 | -20.9% |
| Financial fixed assets | 28 | €84 | €84 | = | 0.0% |
| Current assets | 29/58 | €79,743 | €88,564 | +€8,821 | +11.1% |
| Amounts receivable within one year | 40/41 | €62,169 | €68,858 | +€6,689 | +10.8% |
| Trade receivables | 40 | €61,970 | €65,026 | +€3,056 | +4.9% |
| Other amounts receivable | 41 | €199 | €3,832 | +€3,633 | +1823.2% |
| Cash at bank and in hand | 54/58 | €17,075 | €14,759 | -€2,317 | -13.6% |
| Deferred charges and accrued income | 490/1 | €499 | €4,948 | +€4,449 | +892.1% |
| Total equity and liabilities | 10/49 | €198,308 | €183,237 | -€15,071 | -7.6% |
| Equity | 10/15 | -€52,656 | -€155,460 | -€102,805 | -195.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €19,033 | €0 | -€19,033 | -100.0% |
| Distributable reserves | 133 | €19,033 | €0 | -€19,033 | -100.0% |
| Profit (loss) carried forward | 14 | -€90,289 | -€174,060 | -€83,772 | -92.8% |
| Amounts payable | 17/49 | €250,964 | €338,698 | +€87,734 | +35.0% |
| Amounts payable after more than one year | 17 | €205,980 | €300,000 | +€94,020 | +45.6% |
| Financial debts | 170/4 | €205,980 | €300,000 | +€94,020 | +45.6% |
| Amounts payable within one year | 42/48 | €44,983 | €38,698 | -€6,286 | -14.0% |
| Current portion of amounts payable after more than one year | 42 | €5,889 | €5,980 | +€91 | +1.5% |
| Financial debts | 43 | €12,656 | €16,780 | +€4,125 | +32.6% |
| Credit institutions | 430/8 | €12,656 | €16,780 | +€4,125 | +32.6% |
| Trade debts | 44 | €23,580 | €2,588 | -€20,992 | -89.0% |
| Suppliers | 440/4 | €23,580 | €2,588 | -€20,992 | -89.0% |
| Taxes, remuneration and social security | 45 | €932 | €487 | -€445 | -47.7% |
| Taxes | 450/3 | €932 | €487 | -€445 | -47.7% |
| Other amounts payable | 47/48 | €1,926 | €12,862 | +€10,935 | +567.7% |
| Remuneration, social security and pensions | 62 | €51,434 | €53,779 | +€2,344 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,892 | €23,892 | = | 0.0% |
| Other operating charges | 640/8 | €2,018 | €2,386 | +€368 | +18.2% |
| Gross operating margin | 9900 | -€11,740 | -€20,282 | -€8,542 | -72.8% |
| Operating profit (loss) | 9901 | -€89,084 | -€100,338 | -€11,254 | -12.6% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €951 | €2,467 | +€1,515 | +159.3% |
| Recurring financial charges | 65 | €951 | €2,467 | +€1,515 | +159.3% |
| Profit (loss) for the period before taxes | 9903 | -€90,035 | -€102,805 | -€12,770 | -14.2% |
| Income taxes | 67/77 | €254 | €0 | -€254 | -100.0% |
| Profit (loss) for the period | 9904 | -€90,289 | -€102,805 | -€12,516 | -13.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€90,289 | -€102,805 | -€12,516 | -13.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.