VAN LOOVEREN: 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 LOOVEREN
Largest movements
- Tangible fixed assets +€31,216
up €31,216 (+394%), from €7,913 to €39,129
of which Furniture and vehicles: +€32,315
- Cash +€17,424
up €17,424 (+29.1%), from €59,927 to €77,351
mainly Net result for the year (+€30,996) and Debts after one year (+€28,602)
- Receivables within one year +€9,934
up €9,934 (+20.7%), from €48,073 to €58,007
of which Trade receivables: +€12,822
- Debts after one year +€28,602
new in 2025: €28,602
- Reserves +€20,794
up €20,794 (+15.9%), from €130,991 to €151,785
of which Distributable reserves: +€20,794
- Current portion of long-term debt +€7,592
new in 2025: €7,592
- Gross operating margin +€8,329
up €8,329 (+19.7%), from €42,332 to €50,661
- Depreciation +€3,891
up €3,891 (+146%), from €2,658 to €6,549
- Financial charges +€1,417
up €1,417 (+107%), from €1,326 to €2,743
- Financial income +€1,336
up €1,336 (+87.2%), from €1,531 to €2,867
- Other operating charges -€738
down €738 (-32.5%), from €2,268 to €1,530
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 | €175,453 | €233,539 | +€58,085 | +33.1% |
| Fixed assets | 21/28 | €7,913 | €39,129 | +€31,216 | +394% |
| Tangible fixed assets | 22/27 | €7,913 | €39,129 | +€31,216 | +394% |
| Plant, machinery and equipment | 23 | €3,379 | €2,280 | -€1,099 | -32.5% |
| Furniture and vehicles | 24 | €4,534 | €36,849 | +€32,315 | +713% |
| Current assets | 29/58 | €167,541 | €194,410 | +€26,869 | +16.0% |
| Amounts receivable within one year | 40/41 | €48,073 | €58,007 | +€9,934 | +20.7% |
| Trade receivables | 40 | €44,999 | €57,821 | +€12,822 | +28.5% |
| Other amounts receivable | 41 | €3,074 | €186 | -€2,889 | -94.0% |
| Current investments | 50/53 | €56,000 | €55,000 | -€1,000 | -1.8% |
| Cash at bank and in hand | 54/58 | €59,927 | €77,351 | +€17,424 | +29.1% |
| Deferred charges and accrued income | 490/1 | €3,540 | €4,052 | +€511 | +14.4% |
| Total equity and liabilities | 10/49 | €175,453 | €233,539 | +€58,085 | +33.1% |
| Equity | 10/15 | €150,991 | €171,785 | +€20,794 | +13.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €130,991 | €151,785 | +€20,794 | +15.9% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €128,991 | €149,785 | +€20,794 | +16.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €24,462 | €61,753 | +€37,291 | +152% |
| Amounts payable after more than one year | 17 | - | €28,602 | +€28,602 | |
| Financial debts | 170/4 | - | €28,602 | +€28,602 | |
| Amounts payable within one year | 42/48 | €24,462 | €33,152 | +€8,690 | +35.5% |
| Current portion of amounts payable after more than one year | 42 | - | €7,592 | +€7,592 | |
| Trade debts | 44 | €18,687 | €18,538 | -€150 | -0.8% |
| Suppliers | 440/4 | €18,687 | €18,538 | -€150 | -0.8% |
| Taxes, remuneration and social security | 45 | €4,828 | €7,022 | +€2,194 | +45.5% |
| Taxes | 450/3 | €1,938 | €4,132 | +€2,194 | +113% |
| Remuneration and social security | 454/9 | €2,890 | €2,890 | = | 0.0% |
| Other amounts payable | 47/48 | €947 | €0 | -€947 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,658 | €6,549 | +€3,891 | +146% |
| Other operating charges | 640/8 | €2,268 | €1,530 | -€738 | -32.5% |
| Gross operating margin | 9900 | €42,332 | €50,661 | +€8,329 | +19.7% |
| Operating profit (loss) | 9901 | €37,406 | €42,582 | +€5,176 | +13.8% |
| Financial income | 75/76B | €1,531 | €2,867 | +€1,336 | +87.2% |
| Recurring financial income | 75 | €1,531 | €2,867 | +€1,336 | +87.2% |
| Financial charges | 65/66B | €1,326 | €2,743 | +€1,417 | +107% |
| Recurring financial charges | 65 | €1,326 | €2,743 | +€1,417 | +107% |
| Profit (loss) for the period before taxes | 9903 | €37,611 | €42,706 | +€5,095 | +13.5% |
| Income taxes | 67/77 | €11,064 | €11,709 | +€645 | +5.8% |
| Profit (loss) for the period | 9904 | €26,546 | €30,996 | +€4,450 | +16.8% |
| Profit (loss) for the period to be appropriated | 9905 | €26,546 | €30,996 | +€4,450 | +16.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.