VAN LOOY GROUP: 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.
What changed
VAN LOOY GROUP
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€4.2m
2024 · €9.2m-€5.0m
Equity
€748,147
2024 · €17.1m-€16.3m
Cash
€1.3m
2024 · €16.8m-€15.5m
Balance sheet total
€1.8m
2024 · €18.3m-€16.4m
Largest movements
Assets
- Cash -€15.5m
down €15.5m (-92.2%), from €16.8m to €1.3m
mainly Contributions, distributions and other (-€20.5m) and Tax, wage and social debts (-€344,344)
- Receivables within one year -€611,845
down €611,845 (-58.6%), from €1.0m to €432,796
of which Trade receivables: -€646,659
- Stocks and contracts -€258,142
no longer reported in 2025 (was €258,142)
Equity and liabilities
- Profit (loss) carried forward -€16.3m
down €16.3m (-98.3%), from €16.6m to €276,764
- Advances received +€476,984
new in 2025: €476,984
- Tax, wage and social debts -€344,344
down €344,344 (-90.6%), from €380,159 to €35,816
of which Taxes: -€215,406
Income statement
- Financial income -€4.4m
down €4.4m (-51.0%), from €8.7m to €4.3m
of which Non-recurring financial income: -€8.1m
- Turnover -€1.0m
down €1.0m (-26.6%), from €3.8m to €2.8m
- Staff costs -€919,384
down €919,384, from €916,024 to -€3,360
- Other operating income -€559,476
down €559,476 (-86.2%), from €649,177 to €89,701
- Provisions -€301,707
down €301,707, from €171,500 to -€130,207
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.
Result 2024
€9.2m
Turnover
-€1.0m
Other operating income
-€559,476
Goods and materials
+€232,325
Services and other goods
+€201,488
Staff costs
+€919,384
Depreciation
+€4,220
Write-downs
-€3,949
Provisions
+€301,707
Other operating charges
+€229
Other operating items
-€869,464
Financial income
-€4.4m
Financial charges
+€11,301
Taxes
+€269,762
Result 2025
€4.2m
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€5.1m
Investment
+€1,413
Financing
-€20.5m
Cash 2024
€16.8m
From operations (derived)
+€5.1m
Net result for the year
+€4.2m
Depreciation
+€1,550
Stocks and contracts
+€258,142
Receivables within one year
+€611,845
Deferred charges and accrued income
+€101,751
Provisions
-€130,207
Trade debts
-€105,051
Tax, wage and social debts
-€344,344
Advances received
+€476,984
Accrued charges and deferred income
-€6,324
Investment (derived)
+€1,413
Investment in fixed assets (net)
+€1,413
Financing
-€20.5m
Contributions, distributions and other
-€20.5m
Cash 2025
€1.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,266,870 | €1,832,472 | -€16.4m | -90.0% |
| Fixed assets | 21/28 | €84,368 | €81,405 | -€2,963 | -3.5% |
| Tangible fixed assets | 22/27 | €4,368 | €1,406 | -€2,963 | -67.8% |
| Plant, machinery and equipment | 23 | €3,121 | €1,406 | -€1,716 | -55.0% |
| Other tangible fixed assets | 26 | €1,247 | - | -€1,247 | |
| Financial fixed assets | 28 | €80,000 | €80,000 | = | 0.0% |
| Affiliated companies | 280/1 | €68,206 | €68,206 | = | 0.0% |
| Participating interests | 280 | €68,206 | €68,206 | = | 0.0% |
| Other financial fixed assets | 284/8 | €11,794 | €11,794 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €11,794 | €11,794 | = | 0.0% |
| Current assets | 29/58 | €18,182,502 | €1,751,066 | -€16.4m | -90.4% |
| Stocks and contracts in progress | 3 | €258,142 | - | -€258,142 | |
| Contracts in progress | 37 | €258,142 | - | -€258,142 | |
| Amounts receivable within one year | 40/41 | €1,044,641 | €432,796 | -€611,845 | -58.6% |
| Trade receivables | 40 | €1,040,079 | €393,420 | -€646,659 | -62.2% |
| Other amounts receivable | 41 | €4,562 | €39,377 | +€34,814 | +763% |
| Cash at bank and in hand | 54/58 | €16,773,616 | €1,313,918 | -€15.5m | -92.2% |
| Deferred charges and accrued income | 490/1 | €106,103 | €4,352 | -€101,751 | -95.9% |
| Total equity and liabilities | 10/49 | €18,266,870 | €1,832,472 | -€16.4m | -90.0% |
| Equity | 10/15 | €17,073,603 | €748,147 | -€16.3m | -95.6% |
| Contributions | 10/11 | €155,803 | €155,803 | = | 0.0% |
| Capital | 10 | €155,803 | €155,803 | = | 0.0% |
| Issued capital | 100 | €155,803 | €155,803 | = | 0.0% |
| Reserves | 13 | €315,580 | €315,580 | = | 0.0% |
| Non-distributable reserves | 130/1 | €315,580 | €315,580 | = | 0.0% |
| Legal reserve | 130 | €315,580 | €315,580 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,602,220 | €276,764 | -€16.3m | -98.3% |
| Provisions and deferred taxes | 16 | €346,500 | €216,294 | -€130,207 | -37.6% |
| Provisions for liabilities and charges | 160/5 | €346,500 | €216,294 | -€130,207 | -37.6% |
| Other liabilities and charges | 164/5 | €346,500 | €216,294 | -€130,207 | -37.6% |
| Amounts payable | 17/49 | €846,766 | €868,031 | +€21,265 | +2.5% |
| Amounts payable within one year | 42/48 | €840,442 | €868,031 | +€27,589 | +3.3% |
| Trade debts | 44 | €460,283 | €355,232 | -€105,051 | -22.8% |
| Suppliers | 440/4 | €460,283 | €355,232 | -€105,051 | -22.8% |
| Advances received on contracts in progress | 46 | - | €476,984 | +€476,984 | |
| Taxes, remuneration and social security | 45 | €380,159 | €35,816 | -€344,344 | -90.6% |
| Taxes | 450/3 | €250,077 | €34,671 | -€215,406 | -86.1% |
| Remuneration and social security | 454/9 | €130,082 | €1,145 | -€128,937 | -99.1% |
| Accrued charges and deferred income | 492/3 | €6,324 | - | -€6,324 | |
| Operating income | 70/76A | €4,619,358 | €2,162,359 | -€2.5m | -53.2% |
| Turnover | 70 | €3,827,526 | €2,807,784 | -€1.0m | -26.6% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €142,655 | -€735,126 | -€877,781 | |
| Other operating income | 74 | €649,177 | €89,701 | -€559,476 | -86.2% |
| Operating charges | 60/66A | €3,779,711 | €2,115,990 | -€1.7m | -44.0% |
| Goods for resale, raw materials and consumables | 60 | €286,940 | €54,615 | -€232,325 | -81.0% |
| Purchases | 600/8 | €286,940 | €54,615 | -€232,325 | -81.0% |
| Services and other goods | 61 | €2,387,524 | €2,186,036 | -€201,488 | -8.4% |
| Remuneration, social security and pensions | 62 | €916,024 | -€3,360 | -€919,384 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,771 | €1,550 | -€4,220 | -73.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,167 | €1,782 | +€3,949 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €171,500 | -€130,207 | -€301,707 | |
| Other operating charges | 640/8 | €4,390 | €4,161 | -€229 | -5.2% |
| Non-recurring operating charges | 66A | €9,729 | €1,413 | -€8,316 | -85.5% |
| Operating profit (loss) | 9901 | €839,646 | €46,369 | -€793,278 | -94.5% |
| Financial income | 75/76B | €8,704,318 | €4,262,675 | -€4.4m | -51.0% |
| Recurring financial income | 75 | €554,339 | €4,262,675 | +€3.7m | +669% |
| Income from financial fixed assets | 750 | - | €3,923,000 | +€3.9m | |
| Income from current assets | 751 | €553,931 | €338,384 | -€215,547 | -38.9% |
| Other financial income | 752/9 | €408 | €1,291 | +€883 | +217% |
| Non-recurring financial income | 76B | €8,149,980 | - | -€8.1m | |
| Financial charges | 65/66B | €14,818 | €3,517 | -€11,301 | -76.3% |
| Recurring financial charges | 65 | €14,818 | €3,517 | -€11,301 | -76.3% |
| Debt charges | 650 | €11,457 | €1,435 | -€10,023 | -87.5% |
| Other financial charges | 652/9 | €3,360 | €2,082 | -€1,278 | -38.0% |
| Profit (loss) for the period before taxes | 9903 | €9,529,147 | €4,305,527 | -€5.2m | -54.8% |
| Income taxes | 67/77 | €367,530 | €97,769 | -€269,762 | -73.4% |
| Taxes | 670/3 | €367,530 | €97,769 | -€269,762 | -73.4% |
| Profit (loss) for the period | 9904 | €9,161,617 | €4,207,758 | -€5.0m | -54.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,161,617 | €4,207,758 | -€5.0m | -54.1% |
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.