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.
VAN LOOY
Largest movements
- Tangible fixed assets -€89,927
down €89,927 (-9.7%), from €923,472 to €833,544
of which Land and buildings: -€81,193
- Debts after one year -€96,002
down €96,002 (-18.4%), from €523,109 to €427,107
- Profit (loss) carried forward +€15,581
up €15,581, from -€8,344 to €7,237
- Short-term financial debts -€15,000
down €15,000 (-39.0%), from €38,500 to €23,500
of which Other loans: -€10,000
- Other debts -€14,513
down €14,513 (-8.9%), from €162,884 to €148,371
- Tax, wage and social debts +€10,505
up €10,505 (+45.7%), from €22,996 to €33,502
of which Remuneration and social security: +€11,017
- Staff costs +€100,598
up €100,598 (+53.0%), from €189,633 to €290,231
- Gross operating margin +€77,932
up €77,932 (+22.3%), from €348,760 to €426,691
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 | €976,331 | €883,028 | -€93,303 | -9.6% |
| Fixed assets | 21/28 | €923,472 | €833,544 | -€89,927 | -9.7% |
| Tangible fixed assets | 22/27 | €923,472 | €833,544 | -€89,927 | -9.7% |
| Land and buildings | 22 | €894,512 | €813,319 | -€81,193 | -9.1% |
| Plant, machinery and equipment | 23 | €11,813 | €10,340 | -€1,474 | -12.5% |
| Furniture and vehicles | 24 | €17,146 | €9,886 | -€7,261 | -42.3% |
| Current assets | 29/58 | €52,859 | €49,483 | -€3,376 | -6.4% |
| Stocks and contracts in progress | 3 | €33,817 | €36,818 | +€3,001 | +8.9% |
| Stocks | 30/36 | €33,817 | €36,818 | +€3,001 | +8.9% |
| Amounts receivable within one year | 40/41 | €9,024 | €6,294 | -€2,730 | -30.3% |
| Trade receivables | 40 | €9,024 | €6,180 | -€2,844 | -31.5% |
| Other amounts receivable | 41 | - | €114 | +€114 | |
| Cash at bank and in hand | 54/58 | €10,018 | €6,371 | -€3,647 | -36.4% |
| Total equity and liabilities | 10/49 | €976,331 | €883,028 | -€93,303 | -9.6% |
| Equity | 10/15 | €72,242 | €87,822 | +€15,581 | +21.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €61,993 | €61,993 | = | 0.0% |
| Distributable reserves | 133 | €61,993 | €61,993 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€8,344 | €7,237 | +€15,581 | |
| Amounts payable | 17/49 | €904,089 | €795,205 | -€108,884 | -12.0% |
| Amounts payable after more than one year | 17 | €523,109 | €427,107 | -€96,002 | -18.4% |
| Financial debts | 170/4 | €523,109 | €427,107 | -€96,002 | -18.4% |
| Amounts payable within one year | 42/48 | €380,497 | €367,858 | -€12,639 | -3.3% |
| Current portion of amounts payable after more than one year | 42 | €94,655 | €96,002 | +€1,347 | +1.4% |
| Financial debts | 43 | €38,500 | €23,500 | -€15,000 | -39.0% |
| Credit institutions | 430/8 | €28,500 | €23,500 | -€5,000 | -17.5% |
| Other loans | 439 | €10,000 | €0 | -€10,000 | -100.0% |
| Trade debts | 44 | €49,357 | €53,081 | +€3,724 | +7.5% |
| Suppliers | 440/4 | €49,357 | €53,081 | +€3,724 | +7.5% |
| Advances received on contracts in progress | 46 | €12,105 | €13,401 | +€1,297 | +10.7% |
| Taxes, remuneration and social security | 45 | €22,996 | €33,502 | +€10,505 | +45.7% |
| Taxes | 450/3 | €7,428 | €6,917 | -€512 | -6.9% |
| Remuneration and social security | 454/9 | €15,568 | €26,585 | +€11,017 | +70.8% |
| Other amounts payable | 47/48 | €162,884 | €148,371 | -€14,513 | -8.9% |
| Accrued charges and deferred income | 492/3 | €483 | €241 | -€242 | -50.1% |
| Remuneration, social security and pensions | 62 | €189,633 | €290,231 | +€100,598 | +53.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €93,855 | €93,227 | -€628 | -0.7% |
| Other operating charges | 640/8 | €11,426 | €11,470 | +€45 | +0.4% |
| Gross operating margin | 9900 | €348,760 | €426,691 | +€77,932 | +22.3% |
| Operating profit (loss) | 9901 | €53,846 | €31,762 | -€22,083 | -41.0% |
| Financial income | 75/76B | €7 | €287 | +€280 | +3896.7% |
| Recurring financial income | 75 | €7 | €287 | +€280 | +3896.7% |
| Financial charges | 65/66B | €17,225 | €16,083 | -€1,142 | -6.6% |
| Recurring financial charges | 65 | €17,225 | €16,083 | -€1,142 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €36,628 | €15,967 | -€20,661 | -56.4% |
| Income taxes | 67/77 | €557 | €386 | -€171 | -30.7% |
| Profit (loss) for the period | 9904 | €36,071 | €15,581 | -€20,490 | -56.8% |
| Profit (loss) for the period to be appropriated | 9905 | €36,071 | €15,581 | -€20,490 | -56.8% |
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 7 October 2026 via checked.be.