VAN LOOVEREN GUY: 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 GUY
Largest movements
- Cash -€45,900
down €45,900 (-52.3%), from €87,762 to €41,862
mainly Net result for the year (-€32,434) and Receivables within one year (-€16,351)
- Tangible fixed assets -€17,206
down €17,206 (-25.3%), from €68,120 to €50,913
of which Furniture and vehicles: -€14,988
- Receivables within one year +€16,351
up €16,351 (+83.5%), from €19,574 to €35,925
of which Other amounts receivable: +€8,695
- Profit (loss) carried forward -€32,434
down €32,434, from €3,391 to -€29,043
- Debts after one year -€15,672
down €15,672 (-49.5%), from €31,636 to €15,965
- Tax, wage and social debts +€11,942
up €11,942 (+159%), from €7,494 to €19,436
of which Taxes: +€11,728
- Reserves -€9,563
down €9,563 (-10.1%), from €94,707 to €85,144
of which Distributable reserves: -€9,563
- Other debts +€9,085
up €9,085, from €0 to €9,085
- Gross operating margin -€62,267
down €62,267 (-51.5%), from €120,796 to €58,530
- Taxes -€10,715
down €10,715 (-97.8%), from €10,960 to €245
- Depreciation -€6,986
down €6,986 (-27.6%), from €25,301 to €18,316
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 | €181,278 | €135,705 | -€45,573 | -25.1% |
| Fixed assets | 21/28 | €69,154 | €51,947 | -€17,206 | -24.9% |
| Tangible fixed assets | 22/27 | €68,120 | €50,913 | -€17,206 | -25.3% |
| Plant, machinery and equipment | 23 | €13,224 | €11,006 | -€2,218 | -16.8% |
| Furniture and vehicles | 24 | €54,895 | €39,908 | -€14,988 | -27.3% |
| Financial fixed assets | 28 | €1,034 | €1,034 | = | 0.0% |
| Current assets | 29/58 | €112,125 | €83,758 | -€28,367 | -25.3% |
| Stocks and contracts in progress | 3 | €4,788 | €5,312 | +€524 | +10.9% |
| Stocks | 30/36 | €4,788 | €5,312 | +€524 | +10.9% |
| Amounts receivable within one year | 40/41 | €19,574 | €35,925 | +€16,351 | +83.5% |
| Trade receivables | 40 | €9,668 | €17,325 | +€7,657 | +79.2% |
| Other amounts receivable | 41 | €9,906 | €18,601 | +€8,695 | +87.8% |
| Cash at bank and in hand | 54/58 | €87,762 | €41,862 | -€45,900 | -52.3% |
| Deferred charges and accrued income | 490/1 | €0 | €658 | +€658 | |
| Total equity and liabilities | 10/49 | €181,278 | €135,705 | -€45,573 | -25.1% |
| Equity | 10/15 | €116,690 | €74,693 | -€41,997 | -36.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €94,707 | €85,144 | -€9,563 | -10.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €94,707 | €85,144 | -€9,563 | -10.1% |
| Profit (loss) carried forward | 14 | €3,391 | -€29,043 | -€32,434 | |
| Amounts payable | 17/49 | €64,588 | €61,012 | -€3,576 | -5.5% |
| Amounts payable after more than one year | 17 | €31,636 | €15,965 | -€15,672 | -49.5% |
| Financial debts | 170/4 | €31,636 | €15,965 | -€15,672 | -49.5% |
| Amounts payable within one year | 42/48 | €32,952 | €45,048 | +€12,096 | +36.7% |
| Current portion of amounts payable after more than one year | 42 | €20,339 | €11,592 | -€8,748 | -43.0% |
| Trade debts | 44 | €5,118 | €4,935 | -€183 | -3.6% |
| Suppliers | 440/4 | €5,118 | €4,935 | -€183 | -3.6% |
| Taxes, remuneration and social security | 45 | €7,494 | €19,436 | +€11,942 | +159% |
| Taxes | 450/3 | €5,909 | €17,636 | +€11,728 | +198% |
| Remuneration and social security | 454/9 | €1,585 | €1,800 | +€214 | +13.5% |
| Other amounts payable | 47/48 | €0 | €9,085 | +€9,085 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €3,319 | €4,565 | +€1,246 | +37.5% |
| Remuneration, social security and pensions | 62 | €55,937 | €57,031 | +€1,094 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,301 | €18,316 | -€6,986 | -27.6% |
| Other operating charges | 640/8 | €1,400 | €1,660 | +€260 | +18.6% |
| Non-recurring operating charges | 66A | - | €13,194 | +€13,194 | |
| Gross operating margin | 9900 | €120,796 | €58,530 | -€62,267 | -51.5% |
| Operating profit (loss) | 9901 | €38,158 | -€31,670 | -€69,828 | |
| Financial income | 75/76B | €1,177 | €2,019 | +€842 | +71.5% |
| Recurring financial income | 75 | €1,177 | €2,019 | +€842 | +71.5% |
| Financial charges | 65/66B | €3,105 | €2,537 | -€568 | -18.3% |
| Recurring financial charges | 65 | €3,105 | €2,537 | -€568 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | €36,230 | -€32,188 | -€68,419 | |
| Income taxes | 67/77 | €10,960 | €245 | -€10,715 | -97.8% |
| Profit (loss) for the period | 9904 | €25,270 | -€32,434 | -€57,704 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,270 | -€32,434 | -€57,704 |
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.