VAN LOOCKE: 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 LOOCKE
Largest movements
- Cash -€1.2m
down €1.2m (-92.4%), from €1.3m to €99,002
mainly Receivables within one year (-€909,888) and Debts after one year (-€763,189)
- Receivables within one year +€909,888
up €909,888 (+202%), from €450,225 to €1.4m
of which Other amounts receivable: +€924,775
- Stocks and contracts +€653,080
up €653,080 (+16.2%), from €4.0m to €4.7m
- Financial fixed assets +€250,000
up €250,000 (+249%), from €100,205 to €350,205
- Short-term financial debts +€1.2m
up €1.2m (+70.9%), from €1.8m to €3.0m
- Debts after one year -€763,189
down €763,189 (-27.6%), from €2.8m to €2.0m
- Gross operating margin -€150,417
down €150,417 (-17.9%), from €842,005 to €691,588
- Financial charges -€115,578
down €115,578 (-30.2%), from €382,604 to €267,026
- Other operating charges +€92,452
up €92,452 (+88.9%), from €103,994 to €196,446
- Taxes +€50,922
up €50,922 (+207%), from €24,619 to €75,540
- Financial income +€27,700
up €27,700 (+138,497,700%), from €0 to €27,700
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.
Derived cash bridge
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 | €6,722,973 | €7,260,443 | +€537,470 | +8.0% |
| Fixed assets | 21/28 | €930,535 | €1,107,989 | +€177,454 | +19.1% |
| Tangible fixed assets | 22/27 | €830,330 | €757,784 | -€72,546 | -8.7% |
| Land and buildings | 22 | €820,538 | €751,256 | -€69,282 | -8.4% |
| Furniture and vehicles | 24 | €9,792 | €6,528 | -€3,264 | -33.3% |
| Financial fixed assets | 28 | €100,205 | €350,205 | +€250,000 | +249% |
| Current assets | 29/58 | €5,792,438 | €6,152,454 | +€360,016 | +6.2% |
| Stocks and contracts in progress | 3 | €4,040,259 | €4,693,339 | +€653,080 | +16.2% |
| Stocks | 30/36 | €4,040,259 | €4,693,339 | +€653,080 | +16.2% |
| Amounts receivable within one year | 40/41 | €450,225 | €1,360,113 | +€909,888 | +202% |
| Trade receivables | 40 | €14,887 | - | -€14,887 | |
| Other amounts receivable | 41 | €435,338 | €1,360,113 | +€924,775 | +212% |
| Cash at bank and in hand | 54/58 | €1,301,954 | €99,002 | -€1.2m | -92.4% |
| Total equity and liabilities | 10/49 | €6,722,973 | €7,260,443 | +€537,470 | +8.0% |
| Equity | 10/15 | €1,294,795 | €1,402,524 | +€107,730 | +8.3% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,275,024 | €1,340,524 | +€65,500 | +5.1% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Other | 1319 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €22,201 | €22,201 | = | 0.0% |
| Distributable reserves | 133 | €1,246,623 | €1,312,123 | +€65,500 | +5.3% |
| Profit (loss) carried forward | 14 | -€42,229 | - | +€42,229 | |
| Amounts payable | 17/49 | €5,428,178 | €5,857,919 | +€429,740 | +7.9% |
| Amounts payable after more than one year | 17 | €2,767,012 | €2,003,822 | -€763,189 | -27.6% |
| Financial debts | 170/4 | €2,767,012 | €2,003,822 | -€763,189 | -27.6% |
| Amounts payable within one year | 42/48 | €2,603,122 | €3,854,096 | +€1.3m | +48.1% |
| Current portion of amounts payable after more than one year | 42 | €83,608 | €51,188 | -€32,420 | -38.8% |
| Financial debts | 43 | €1,750,000 | €2,990,000 | +€1.2m | +70.9% |
| Credit institutions | 430/8 | €1,750,000 | €2,990,000 | +€1.2m | +70.9% |
| Trade debts | 44 | - | €8,880 | +€8,880 | |
| Suppliers | 440/4 | - | €8,880 | +€8,880 | |
| Taxes, remuneration and social security | 45 | €31,440 | €10,773 | -€20,667 | -65.7% |
| Taxes | 450/3 | €31,440 | €10,773 | -€20,667 | -65.7% |
| Other amounts payable | 47/48 | €738,074 | €793,255 | +€55,181 | +7.5% |
| Accrued charges and deferred income | 492/3 | €58,045 | - | -€58,045 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €87,160 | €72,546 | -€14,614 | -16.8% |
| Other operating charges | 640/8 | €103,994 | €196,446 | +€92,452 | +88.9% |
| Gross operating margin | 9900 | €842,005 | €691,588 | -€150,417 | -17.9% |
| Operating profit (loss) | 9901 | €650,851 | €422,596 | -€228,255 | -35.1% |
| Financial income | 75/76B | €0 | €27,700 | +€27,700 | +138,497,700% |
| Recurring financial income | 75 | €0 | €27,700 | +€27,700 | +138,497,700% |
| Financial charges | 65/66B | €382,604 | €267,026 | -€115,578 | -30.2% |
| Recurring financial charges | 65 | €382,604 | €267,026 | -€115,578 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | €268,247 | €183,270 | -€84,977 | -31.7% |
| Income taxes | 67/77 | €24,619 | €75,540 | +€50,922 | +207% |
| Profit (loss) for the period | 9904 | €243,628 | €107,730 | -€135,899 | -55.8% |
| Profit (loss) for the period to be appropriated | 9905 | €243,628 | €107,730 | -€135,899 | -55.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.