Van Lott: 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 Lott
Largest movements
- Tangible fixed assets -€14,007
down €14,007 (-4.3%), from €323,611 to €309,604
of which Land and buildings: -€16,476
- Cash +€9,586
up €9,586 (+20.2%), from €47,381 to €56,968
mainly Net result for the year (+€35,063) and Other debts (+€25,727)
- Other debts +€25,727
up €25,727 (+32.6%), from €78,928 to €104,656
- Reserves -€11,256
no longer reported in 2025 (was €11,256)
- Debts after one year -€9,266
down €9,266 (-3.5%), from €263,572 to €254,306
- Tax, wage and social debts -€3,999
down €3,999 (-49.8%), from €8,033 to €4,034
of which Taxes: -€7,027
- Gross operating margin +€37,705
up €37,705 (+117.9%), from €31,983 to €69,688
- Taxes +€7,839
up €7,839 (+541.4%), from €1,448 to €9,287
- Depreciation +€1,167
up €1,167 (+6.4%), from €18,324 to €19,491
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 | €386,315 | €382,571 | -€3,744 | -1.0% |
| Fixed assets | 21/28 | €323,611 | €309,604 | -€14,007 | -4.3% |
| Tangible fixed assets | 22/27 | €323,611 | €309,604 | -€14,007 | -4.3% |
| Land and buildings | 22 | €322,969 | €306,493 | -€16,476 | -5.1% |
| Plant, machinery and equipment | 23 | €642 | €3,111 | +€2,468 | +384.3% |
| Current assets | 29/58 | €62,704 | €72,967 | +€10,264 | +16.4% |
| Stocks and contracts in progress | 3 | €7,940 | €11,036 | +€3,096 | +39.0% |
| Stocks | 30/36 | €7,940 | €11,036 | +€3,096 | +39.0% |
| Amounts receivable within one year | 40/41 | €6,327 | €4,963 | -€1,364 | -21.6% |
| Trade receivables | 40 | €4,727 | - | -€4,727 | |
| Other amounts receivable | 41 | €1,600 | €4,963 | +€3,363 | +210.2% |
| Cash at bank and in hand | 54/58 | €47,381 | €56,968 | +€9,586 | +20.2% |
| Deferred charges and accrued income | 490/1 | €1,055 | - | -€1,055 | |
| Total equity and liabilities | 10/49 | €386,315 | €382,571 | -€3,744 | -1.0% |
| Equity | 10/15 | €14,256 | €318 | -€13,937 | -97.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €11,256 | - | -€11,256 | |
| Distributable reserves | 133 | €11,256 | - | -€11,256 | |
| Profit (loss) carried forward | 14 | - | -€2,682 | -€2,682 | |
| Amounts payable | 17/49 | €372,059 | €382,253 | +€10,194 | +2.7% |
| Amounts payable after more than one year | 17 | €263,572 | €254,306 | -€9,266 | -3.5% |
| Financial debts | 170/4 | €263,572 | €254,306 | -€9,266 | -3.5% |
| Amounts payable within one year | 42/48 | €108,487 | €127,947 | +€19,460 | +17.9% |
| Current portion of amounts payable after more than one year | 42 | €9,056 | €9,266 | +€210 | +2.3% |
| Trade debts | 44 | €12,470 | €9,992 | -€2,478 | -19.9% |
| Suppliers | 440/4 | €12,470 | €9,992 | -€2,478 | -19.9% |
| Taxes, remuneration and social security | 45 | €8,033 | €4,034 | -€3,999 | -49.8% |
| Taxes | 450/3 | €8,033 | €1,005 | -€7,027 | -87.5% |
| Remuneration and social security | 454/9 | - | €3,028 | +€3,028 | |
| Other amounts payable | 47/48 | €78,928 | €104,656 | +€25,727 | +32.6% |
| Non-recurring operating income | 76A | - | €312 | +€312 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,324 | €19,491 | +€1,167 | +6.4% |
| Other operating charges | 640/8 | €1,039 | €1,070 | +€31 | +3.0% |
| Gross operating margin | 9900 | €31,983 | €69,688 | +€37,705 | +117.9% |
| Operating profit (loss) | 9901 | €12,620 | €49,127 | +€36,507 | +289.3% |
| Financial income | 75/76B | €193 | - | -€193 | |
| Recurring financial income | 75 | €193 | - | -€193 | |
| Financial charges | 65/66B | €4,679 | €4,778 | +€99 | +2.1% |
| Recurring financial charges | 65 | €4,679 | €4,778 | +€99 | +2.1% |
| Profit (loss) for the period before taxes | 9903 | €8,134 | €44,349 | +€36,215 | +445.2% |
| Income taxes | 67/77 | €1,448 | €9,287 | +€7,839 | +541.4% |
| Profit (loss) for the period | 9904 | €6,686 | €35,063 | +€28,377 | +424.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,686 | €35,063 | +€28,377 | +424.4% |
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 10 October 2026 via checked.be.