VAN LUYTEN: 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 LUYTEN
Largest movements
- Current investments +€530,389
up €530,389 (+33.1%), from €1.6m to €2.1m
- Cash -€203,324
down €203,324 (-62.8%), from €323,693 to €120,369
mainly Current investments (-€530,389) and Other debts (-€135,712)
- Receivables after one year -€120,000
down €120,000 (-72.2%), from €166,128 to €46,128
- Tangible fixed assets -€35,478
down €35,478 (-12.3%), from €289,263 to €253,785
of which Furniture and vehicles: -€42,400
- Receivables within one year -€29,127
down €29,127 (-10.2%), from €284,453 to €255,326
of which Trade receivables: -€49,601
- Trade debts +€195,363
up €195,363 (+17.2%), from €1.1m to €1.3m
of which Bills of exchange payable: +€191,868
- Other debts -€135,712
down €135,712 (-89.1%), from €152,366 to €16,654
- Reserves +€135,656
up €135,656 (+11.9%), from €1.1m to €1.3m
of which Distributable reserves: +€135,656
- Tax, wage and social debts -€59,453
down €59,453 (-42.8%), from €138,829 to €79,376
of which Taxes: -€57,490
- Debts after one year -€46,692
down €46,692 (-47.1%), from €99,200 to €52,508
- Gross operating margin -€76,837
down €76,837 (-7.0%), from €1.1m to €1.0m
- Staff costs +€71,780
up €71,780 (+15.3%), from €470,184 to €541,964
- Write-downs +€55,341
new in 2024: €55,341
- Taxes -€28,912
down €28,912 (-16.6%), from €174,672 to €145,761
- Depreciation +€25,309
up €25,309 (+57.0%), from €44,366 to €69,675
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,746,023 | €2,884,209 | +€138,186 | +5.0% |
| Fixed assets | 21/28 | €354,503 | €313,692 | -€40,811 | -11.5% |
| Intangible fixed assets | 21 | €15,240 | €9,907 | -€5,333 | -35.0% |
| Tangible fixed assets | 22/27 | €289,263 | €253,785 | -€35,478 | -12.3% |
| Plant, machinery and equipment | 23 | €12,352 | €20,303 | +€7,950 | +64.4% |
| Furniture and vehicles | 24 | €267,876 | €225,477 | -€42,400 | -15.8% |
| Other tangible fixed assets | 26 | €9,034 | €8,006 | -€1,028 | -11.4% |
| Financial fixed assets | 28 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €2,391,520 | €2,570,517 | +€178,997 | +7.5% |
| Amounts receivable after more than one year | 29 | €166,128 | €46,128 | -€120,000 | -72.2% |
| Other amounts receivable | 291 | €166,128 | €46,128 | -€120,000 | -72.2% |
| Amounts receivable within one year | 40/41 | €284,453 | €255,326 | -€29,127 | -10.2% |
| Trade receivables | 40 | €279,454 | €229,853 | -€49,601 | -17.7% |
| Other amounts receivable | 41 | €5,000 | €25,473 | +€20,474 | +409.5% |
| Current investments | 50/53 | €1,600,000 | €2,130,389 | +€530,389 | +33.1% |
| Cash at bank and in hand | 54/58 | €323,693 | €120,369 | -€203,324 | -62.8% |
| Deferred charges and accrued income | 490/1 | €17,246 | €18,305 | +€1,059 | +6.1% |
| Total equity and liabilities | 10/49 | €2,746,023 | €2,884,209 | +€138,186 | +5.0% |
| Equity | 10/15 | €1,205,594 | €1,341,249 | +€135,656 | +11.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €1,144,094 | €1,279,749 | +€135,656 | +11.9% |
| Non-distributable reserves | 130/1 | €20,972 | €20,972 | = | 0.0% |
| Legal reserve | 130 | €20,972 | €20,972 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,312 | €21,312 | = | 0.0% |
| Distributable reserves | 133 | €1,101,810 | €1,237,466 | +€135,656 | +12.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €1,540,429 | €1,542,960 | +€2,530 | +0.2% |
| Amounts payable after more than one year | 17 | €99,200 | €52,508 | -€46,692 | -47.1% |
| Financial debts | 170/4 | €99,200 | €52,508 | -€46,692 | -47.1% |
| Amounts payable within one year | 42/48 | €1,426,187 | €1,448,791 | +€22,604 | +1.6% |
| Current portion of amounts payable after more than one year | 42 | - | €22,406 | +€22,406 | |
| Trade debts | 44 | €1,134,992 | €1,330,355 | +€195,363 | +17.2% |
| Suppliers | 440/4 | €748,436 | €751,931 | +€3,495 | +0.5% |
| Bills of exchange payable | 441 | €386,556 | €578,424 | +€191,868 | +49.6% |
| Taxes, remuneration and social security | 45 | €138,829 | €79,376 | -€59,453 | -42.8% |
| Taxes | 450/3 | €88,176 | €30,686 | -€57,490 | -65.2% |
| Remuneration and social security | 454/9 | €50,653 | €48,690 | -€1,963 | -3.9% |
| Other amounts payable | 47/48 | €152,366 | €16,654 | -€135,712 | -89.1% |
| Accrued charges and deferred income | 492/3 | €15,042 | €41,661 | +€26,619 | +177.0% |
| Non-recurring operating income | 76A | €110,003 | €1,625 | -€108,379 | -98.5% |
| Remuneration, social security and pensions | 62 | €470,184 | €541,964 | +€71,780 | +15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,366 | €69,675 | +€25,309 | +57.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €55,341 | +€55,341 | |
| Other operating charges | 640/8 | €4,363 | €22,476 | +€18,113 | +415.1% |
| Non-recurring operating charges | 66A | €6,210 | €543 | -€5,667 | -91.3% |
| Gross operating margin | 9900 | €1,096,714 | €1,019,877 | -€76,837 | -7.0% |
| Operating profit (loss) | 9901 | €571,591 | €329,879 | -€241,712 | -42.3% |
| Financial income | 75/76B | €32,543 | €53,718 | +€21,176 | +65.1% |
| Recurring financial income | 75 | €32,543 | €53,718 | +€21,176 | +65.1% |
| Financial charges | 65/66B | €10,810 | €3,070 | -€7,740 | -71.6% |
| Recurring financial charges | 65 | €10,810 | €3,070 | -€7,740 | -71.6% |
| Profit (loss) for the period before taxes | 9903 | €593,324 | €380,528 | -€212,796 | -35.9% |
| Income taxes | 67/77 | €174,672 | €145,761 | -€28,912 | -16.6% |
| Profit (loss) for the period | 9904 | €418,652 | €234,767 | -€183,885 | -43.9% |
| Profit (loss) for the period to be appropriated | 9905 | €418,652 | €234,767 | -€183,885 | -43.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.