VAN LOOY: 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 LOOY
Largest movements
- Stocks and contracts -€18,981
down €18,981 (-16.6%), from €114,613 to €95,631
- Cash +€16,808
up €16,808 (+62.6%), from €26,858 to €43,665
mainly Stocks and contracts (+€18,981) and Net result for the year (+€12,914)
- Receivables within one year +€3,299
up €3,299 (+14.7%), from €22,451 to €25,750
of which Trade receivables: +€7,466
- Reserves +€12,914
up €12,914 (+10.7%), from €120,425 to €133,339
of which Distributable reserves: +€14,773
- Trade debts -€10,488
down €10,488 (-74.1%), from €14,157 to €3,669
- Other debts -€3,263
down €3,263 (-44.8%), from €7,279 to €4,016
- Gross operating margin +€14,012
up €14,012 (+191.8%), from €7,304 to €21,316
- Taxes +€4,430
up €4,430 (+226.2%), from €1,959 to €6,389
- Financial charges +€580
up €580 (+1449.6%), from €40 to €620
- Depreciation -€289
down €289 (-29.6%), from €974 to €686
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 | €166,086 | €166,530 | +€443 | +0.3% |
| Fixed assets | 21/28 | €2,069 | €1,383 | -€686 | -33.1% |
| Tangible fixed assets | 22/27 | €2,069 | €1,383 | -€686 | -33.1% |
| Plant, machinery and equipment | 23 | €2,069 | €1,383 | -€686 | -33.1% |
| Current assets | 29/58 | €164,017 | €165,146 | +€1,129 | +0.7% |
| Stocks and contracts in progress | 3 | €114,613 | €95,631 | -€18,981 | -16.6% |
| Stocks | 30/36 | €114,613 | €95,631 | -€18,981 | -16.6% |
| Amounts receivable within one year | 40/41 | €22,451 | €25,750 | +€3,299 | +14.7% |
| Trade receivables | 40 | €9,297 | €16,762 | +€7,466 | +80.3% |
| Other amounts receivable | 41 | €13,154 | €8,988 | -€4,166 | -31.7% |
| Cash at bank and in hand | 54/58 | €26,858 | €43,665 | +€16,808 | +62.6% |
| Deferred charges and accrued income | 490/1 | €96 | €99 | +€3 | +3.1% |
| Total equity and liabilities | 10/49 | €166,086 | €166,530 | +€443 | +0.3% |
| Equity | 10/15 | €139,017 | €151,931 | +€12,914 | +9.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €120,425 | €133,339 | +€12,914 | +10.7% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Reserves not available under the articles | 1311 | €1,859 | - | -€1,859 | |
| Distributable reserves | 133 | €118,566 | €133,339 | +€14,773 | +12.5% |
| Amounts payable | 17/49 | €27,069 | €14,599 | -€12,471 | -46.1% |
| Amounts payable within one year | 42/48 | €27,069 | €14,599 | -€12,471 | -46.1% |
| Trade debts | 44 | €14,157 | €3,669 | -€10,488 | -74.1% |
| Suppliers | 440/4 | €14,157 | €3,669 | -€10,488 | -74.1% |
| Taxes, remuneration and social security | 45 | €5,633 | €6,914 | +€1,281 | +22.7% |
| Taxes | 450/3 | €5,633 | €6,914 | +€1,281 | +22.7% |
| Other amounts payable | 47/48 | €7,279 | €4,016 | -€3,263 | -44.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €974 | €686 | -€289 | -29.6% |
| Other operating charges | 640/8 | €505 | €709 | +€204 | +40.3% |
| Gross operating margin | 9900 | €7,304 | €21,316 | +€14,012 | +191.8% |
| Operating profit (loss) | 9901 | €5,824 | €19,921 | +€14,097 | +242.0% |
| Financial income | 75/76B | €1 | €2 | +€1 | +177.8% |
| Recurring financial income | 75 | €1 | €2 | +€1 | +177.8% |
| Financial charges | 65/66B | €40 | €620 | +€580 | +1449.6% |
| Recurring financial charges | 65 | €40 | €620 | +€580 | +1449.6% |
| Profit (loss) for the period before taxes | 9903 | €5,785 | €19,303 | +€13,518 | +233.7% |
| Income taxes | 67/77 | €1,959 | €6,389 | +€4,430 | +226.2% |
| Profit (loss) for the period | 9904 | €3,826 | €12,914 | +€9,088 | +237.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,826 | €12,914 | +€9,088 | +237.5% |
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 9 October 2026 via checked.be.