VAN LOOY: 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.
What changed
VAN LOOY
NACE 01.500, Mixed farming
fiscal year 31-03-2025 against 31-12-2025filed annual accounts (NBB)
Net result for the year
€70,344
31-03-2025 · €154,931-€84,588
Equity
€1.3m
31-03-2025 · €1.2m+€17,801
Cash
€18,196
31-03-2025 · €155,343-€137,147
Balance sheet total
€2.9m
31-03-2025 · €2.9m-€1,157
Largest movements
Assets
- Cash -€137,147
down €137,147 (-88.3%), from €155,343 to €18,196
mainly Debts after one year (-€146,711) and Investment in fixed assets (net) (-€140,765)
- Stocks and contracts +€134,680
up €134,680 (+36.9%), from €365,090 to €499,770
- Tangible fixed assets -€30,259
down €30,259 (-1.5%), from €2.0m to €1.9m
of which Plant, machinery and equipment: -€41,662
Equity and liabilities
- Debts after one year -€146,711
down €146,711 (-10.9%), from €1.3m to €1.2m
- Other debts +€69,821
up €69,821 (+5399.4%), from €1,293 to €71,114
- Trade debts +€45,750
up €45,750 (+84.4%), from €54,212 to €99,962
Income statement
- Gross operating margin -€202,740
down €202,740 (-38.0%), from €534,223 to €331,483
- Depreciation -€80,441
down €80,441 (-31.6%), from €254,489 to €174,048
- Taxes -€50,055
down €50,055 (-66.1%), from €75,780 to €25,726
- Financial income -€13,221
down €13,221 (-76.6%), from €17,271 to €4,050
- Staff costs +€11,026
up €11,026 (+144.8%), from €7,617 to €18,643
From the 31-03-2025 result to the 31-12-2025 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.
Result 31-03-2025
€154,931
Gross operating margin
-€202,740
Staff costs
-€11,026
Depreciation
+€80,441
Other operating charges
+€4,156
Other operating items
+€2,771
Financial income
-€13,221
Financial charges
+€5,762
Taxes
+€50,055
Deferred taxes and other
-€786
Result 31-12-2025
€70,344
Cash bridge derived
Derived from the 31-03-2025 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€205,243
Investment
-€140,765
Financing
-€201,625
Cash 31-03-2025
€155,343
From operations (derived)
+€205,243
Net result for the year
+€70,344
Depreciation
+€174,048
Stocks and contracts
-€134,680
Receivables within one year
-€28,052
Deferred charges and accrued income
-€6,540
Trade debts
+€45,750
Tax, wage and social debts
+€10,553
Other debts
+€69,821
Accrued charges and deferred income
+€4,000
Investment (derived)
-€140,765
Investment in fixed assets (net)
-€140,765
Financing
-€201,625
Debts after one year
-€146,711
Current portion of long-term debt
-€2,371
Contributions, distributions and other
-€52,543
Cash 31-12-2025
€18,196
Every line side by side
| Line | Code | 31-03-2025 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,885,776 | €2,884,618 | -€1,157 | 0.0% |
| Fixed assets | 21/28 | €2,229,598 | €2,196,315 | -€33,283 | -1.5% |
| Intangible fixed assets | 21 | €9,081 | €6,058 | -€3,023 | -33.3% |
| Tangible fixed assets | 22/27 | €1,955,308 | €1,925,049 | -€30,259 | -1.5% |
| Land and buildings | 22 | €1,595,503 | €1,583,225 | -€12,278 | -0.8% |
| Plant, machinery and equipment | 23 | €349,745 | €308,083 | -€41,662 | -11.9% |
| Furniture and vehicles | 24 | €10,060 | €33,741 | +€23,681 | +235.4% |
| Financial fixed assets | 28 | €265,208 | €265,208 | = | 0.0% |
| Current assets | 29/58 | €656,178 | €688,303 | +€32,125 | +4.9% |
| Stocks and contracts in progress | 3 | €365,090 | €499,770 | +€134,680 | +36.9% |
| Stocks | 30/36 | €365,090 | €499,770 | +€134,680 | +36.9% |
| Amounts receivable within one year | 40/41 | €135,120 | €163,172 | +€28,052 | +20.8% |
| Trade receivables | 40 | €110,463 | €160,646 | +€50,183 | +45.4% |
| Other amounts receivable | 41 | €24,657 | €2,526 | -€22,131 | -89.8% |
| Current investments | 50/53 | €625 | €625 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €155,343 | €18,196 | -€137,147 | -88.3% |
| Deferred charges and accrued income | 490/1 | €0 | €6,540 | +€6,540 | |
| Total equity and liabilities | 10/49 | €2,885,776 | €2,884,618 | -€1,157 | 0.0% |
| Equity | 10/15 | €1,246,940 | €1,264,741 | +€17,801 | +1.4% |
| Contributions | 10/11 | €31,250 | €31,250 | = | 0.0% |
| Reserves | 13 | €1,215,690 | €1,233,491 | +€17,801 | +1.5% |
| Non-distributable reserves | 130/1 | €3,125 | €3,125 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,125 | €3,125 | = | 0.0% |
| Tax-exempt reserves | 132 | €92,620 | €92,620 | = | 0.0% |
| Distributable reserves | 133 | €1,119,945 | €1,137,746 | +€17,801 | +1.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Investment grants | 15 | €0 | - | = | |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Deferred taxes | 168 | €0 | - | = | |
| Amounts payable | 17/49 | €1,638,835 | €1,619,877 | -€18,958 | -1.2% |
| Amounts payable after more than one year | 17 | €1,348,794 | €1,202,083 | -€146,711 | -10.9% |
| Financial debts | 170/4 | €1,348,794 | €1,202,083 | -€146,711 | -10.9% |
| Amounts payable within one year | 42/48 | €289,696 | €413,449 | +€123,753 | +42.7% |
| Current portion of amounts payable after more than one year | 42 | €169,327 | €166,956 | -€2,371 | -1.4% |
| Trade debts | 44 | €54,212 | €99,962 | +€45,750 | +84.4% |
| Suppliers | 440/4 | €54,212 | €99,962 | +€45,750 | +84.4% |
| Taxes, remuneration and social security | 45 | €64,864 | €75,417 | +€10,553 | +16.3% |
| Taxes | 450/3 | €61,962 | €69,475 | +€7,513 | +12.1% |
| Remuneration and social security | 454/9 | €2,902 | €5,942 | +€3,040 | +104.7% |
| Other amounts payable | 47/48 | €1,293 | €71,114 | +€69,821 | +5399.4% |
| Accrued charges and deferred income | 492/3 | €345 | €4,345 | +€4,000 | +1158.1% |
| Non-recurring operating income | 76A | - | €13,000 | +€13,000 | |
| Remuneration, social security and pensions | 62 | €7,617 | €18,643 | +€11,026 | +144.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €254,489 | €174,048 | -€80,441 | -31.6% |
| Other operating charges | 640/8 | €12,367 | €8,211 | -€4,156 | -33.6% |
| Non-recurring operating charges | 66A | €2,771 | €0 | -€2,771 | -100.0% |
| Gross operating margin | 9900 | €534,223 | €331,483 | -€202,740 | -38.0% |
| Operating profit (loss) | 9901 | €256,979 | €130,581 | -€126,398 | -49.2% |
| Financial income | 75/76B | €17,271 | €4,050 | -€13,221 | -76.6% |
| Recurring financial income | 75 | €17,271 | €4,050 | -€13,221 | -76.6% |
| Financial charges | 65/66B | €44,324 | €38,561 | -€5,762 | -13.0% |
| Recurring financial charges | 65 | €44,324 | €38,561 | -€5,762 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €229,926 | €96,070 | -€133,857 | -58.2% |
| Transfer from deferred taxes | 780 | €786 | €0 | -€786 | -100.0% |
| Income taxes | 67/77 | €75,780 | €25,726 | -€50,055 | -66.1% |
| Profit (loss) for the period | 9904 | €154,931 | €70,344 | -€84,588 | -54.6% |
| Transfer from tax-exempt reserves | 789 | €63,150 | €0 | -€63,150 | -100.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €218,081 | €70,344 | -€147,738 | -67.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.