VAN MOER DISTRIBUTION: 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 MOER DISTRIBUTION
NACE 49.410, Freight transport by road
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€172,798
2024 · -€163,730+€336,528
Equity
€2.0m
2024 · €1.9m+€77,703
Cash
€866,187
2024 · €739+€865,448
Balance sheet total
€9.6m
2024 · €9.6m-€9,925
Largest movements
Assets
- Financial fixed assets -€1.0m
down €1.0m (-55.3%), from €1.8m to €811,453
of which Affiliated companies: -€1.0m
- Cash +€865,448
up €865,448 (+117,155%), from €739 to €866,187
mainly Depreciation (+€1.7m) and Short-term financial debts (+€381,786)
- Receivables within one year -€214,304
down €214,304 (-7.9%), from €2.7m to €2.5m
of which Trade receivables: -€212,301
- Tangible fixed assets +€190,392
up €190,392 (+3.9%), from €4.8m to €5.0m
of which Furniture and vehicles: +€346,777
- Deferred charges and accrued income +€105,851
up €105,851 (+89.4%), from €118,446 to €224,297
Equity and liabilities
- Short-term financial debts +€381,786
up €381,786 (+118%), from €323,922 to €705,708
- Trade debts -€344,950
down €344,950 (-23.2%), from €1.5m to €1.1m
- Debts after one year -€200,194
down €200,194 (-6.0%), from €3.3m to €3.1m
Income statement
- Turnover +€1.4m
up €1.4m (+5.6%), from €24.9m to €26.4m
- Depreciation +€808,276
up €808,276 (+91.5%), from €883,317 to €1.7m
- Services and other goods -€481,036
down €481,036 (-6.9%), from €7.0m to €6.5m
- Goods and materials +€464,700
up €464,700 (+9.6%), from €4.8m to €5.3m
of which Purchases: +€505,098
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
-€163,730
Turnover
+€1.4m
Other operating income
+€132,373
Goods and materials
-€464,700
Services and other goods
+€481,036
Staff costs
-€71,557
Depreciation
-€808,276
Write-downs
-€1,459
Other operating charges
-€97,079
Financial income
-€43,757
Financial charges
-€56,855
Taxes
-€139,710
Result 2025
€172,798
raises the resultlowers the result
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
+€1.7m
Investment
-€877,835
Financing
+€42,660
Cash 2024
€739
From operations (derived)
+€1.7m
Net result for the year
+€172,798
Depreciation
+€1.7m
Stocks and contracts
-€46,837
Receivables within one year
+€214,304
Deferred charges and accrued income
-€105,851
Trade debts
-€344,950
Tax, wage and social debts
+€64,063
Other debts
+€95,095
Accrued charges and deferred income
-€39,591
Investment (derived)
-€877,835
Investment in fixed assets (net)
-€877,835
Financing
+€42,660
Debts after one year
-€200,194
Current portion of long-term debt
-€43,836
Short-term financial debts
+€381,786
Contributions, distributions and other
-€95,095
Cash 2025
€866,187
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,563,774 | €9,553,848 | -€9,925 | -0.1% |
| Fixed assets | 21/28 | €6,655,465 | €5,841,707 | -€813,758 | -12.2% |
| Tangible fixed assets | 22/27 | €4,839,862 | €5,030,254 | +€190,392 | +3.9% |
| Land and buildings | 22 | €9,687 | - | -€9,687 | |
| Plant, machinery and equipment | 23 | €55,178 | €58,472 | +€3,294 | +6.0% |
| Furniture and vehicles | 24 | €158,316 | €505,093 | +€346,777 | +219% |
| Leasing and similar rights | 25 | €4,616,681 | €4,455,542 | -€161,139 | -3.5% |
| Other tangible fixed assets | 26 | - | €11,147 | +€11,147 | |
| Financial fixed assets | 28 | €1,815,603 | €811,453 | -€1.0m | -55.3% |
| Affiliated companies | 280/1 | €1,814,004 | €809,854 | -€1.0m | -55.4% |
| Amounts receivable | 281 | €1,814,004 | €809,854 | -€1.0m | -55.4% |
| Other financial fixed assets | 284/8 | €1,598 | €1,598 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,598 | €1,598 | = | 0.0% |
| Current assets | 29/58 | €2,908,308 | €3,712,141 | +€803,833 | +27.6% |
| Stocks and contracts in progress | 3 | €79,674 | €126,512 | +€46,837 | +58.8% |
| Stocks | 30/36 | €79,674 | €126,512 | +€46,837 | +58.8% |
| Raw materials and consumables | 30/31 | €79,674 | €126,512 | +€46,837 | +58.8% |
| Amounts receivable within one year | 40/41 | €2,709,450 | €2,495,146 | -€214,304 | -7.9% |
| Trade receivables | 40 | €2,707,230 | €2,494,930 | -€212,301 | -7.8% |
| Other amounts receivable | 41 | €2,219 | €216 | -€2,003 | -90.3% |
| Cash at bank and in hand | 54/58 | €739 | €866,187 | +€865,448 | +117,155% |
| Deferred charges and accrued income | 490/1 | €118,446 | €224,297 | +€105,851 | +89.4% |
| Total equity and liabilities | 10/49 | €9,563,774 | €9,553,848 | -€9,925 | -0.1% |
| Equity | 10/15 | €1,890,214 | €1,967,917 | +€77,703 | +4.1% |
| Contributions | 10/11 | €74,139 | €74,139 | = | 0.0% |
| Capital | 10 | €74,139 | €74,139 | = | 0.0% |
| Issued capital | 100 | €74,139 | €74,139 | = | 0.0% |
| Reserves | 13 | €741,123 | €741,123 | = | 0.0% |
| Non-distributable reserves | 130/1 | €104,190 | €104,190 | = | 0.0% |
| Legal reserve | 130 | €104,190 | €104,190 | = | 0.0% |
| Tax-exempt reserves | 132 | €592,256 | €592,256 | = | 0.0% |
| Distributable reserves | 133 | €44,678 | €44,678 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,074,952 | €1,152,655 | +€77,703 | +7.2% |
| Amounts payable | 17/49 | €7,673,559 | €7,585,931 | -€87,628 | -1.1% |
| Amounts payable after more than one year | 17 | €3,341,203 | €3,141,009 | -€200,194 | -6.0% |
| Financial debts | 170/4 | €3,341,203 | €3,141,009 | -€200,194 | -6.0% |
| Leasing and similar obligations | 172 | €3,341,203 | €3,141,009 | -€200,194 | -6.0% |
| Amounts payable within one year | 42/48 | €4,282,510 | €4,434,667 | +€152,157 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €1,114,245 | €1,070,409 | -€43,836 | -3.9% |
| Financial debts | 43 | €323,922 | €705,708 | +€381,786 | +118% |
| Credit institutions | 430/8 | €323,922 | €705,708 | +€381,786 | +118% |
| Trade debts | 44 | €1,487,135 | €1,142,184 | -€344,950 | -23.2% |
| Suppliers | 440/4 | €1,487,135 | €1,142,184 | -€344,950 | -23.2% |
| Taxes, remuneration and social security | 45 | €1,357,208 | €1,421,271 | +€64,063 | +4.7% |
| Taxes | 450/3 | €96,159 | €128,430 | +€32,272 | +33.6% |
| Remuneration and social security | 454/9 | €1,261,050 | €1,292,841 | +€31,791 | +2.5% |
| Other amounts payable | 47/48 | - | €95,095 | +€95,095 | |
| Accrued charges and deferred income | 492/3 | €49,846 | €10,255 | -€39,591 | -79.4% |
| Operating income | 70/76A | €26,086,037 | €27,624,922 | +€1.5m | +5.9% |
| Turnover | 70 | €24,945,235 | €26,351,747 | +€1.4m | +5.6% |
| Other operating income | 74 | €1,140,802 | €1,273,175 | +€132,373 | +11.6% |
| Operating charges | 60/66A | €26,222,485 | €27,184,519 | +€962,034 | +3.7% |
| Goods for resale, raw materials and consumables | 60 | €4,840,998 | €5,305,699 | +€464,700 | +9.6% |
| Purchases | 600/8 | €4,847,438 | €5,352,536 | +€505,098 | +10.4% |
| Change in stocks: decrease (increase) | 609 | -€6,440 | -€46,837 | -€40,398 | -627% |
| Services and other goods | 61 | €6,994,837 | €6,513,801 | -€481,036 | -6.9% |
| Remuneration, social security and pensions | 62 | €13,381,649 | €13,453,206 | +€71,557 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €883,317 | €1,691,593 | +€808,276 | +91.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,459 | +€1,459 | |
| Other operating charges | 640/8 | €121,684 | €218,763 | +€97,079 | +79.8% |
| Operating profit (loss) | 9901 | -€136,448 | €440,403 | +€576,851 | |
| Financial income | 75/76B | €94,845 | €51,088 | -€43,757 | -46.1% |
| Recurring financial income | 75 | €94,845 | €51,088 | -€43,757 | -46.1% |
| Income from financial fixed assets | 750 | €94,844 | €51,088 | -€43,756 | -46.1% |
| Other financial income | 752/9 | €1 | - | -€1 | |
| Financial charges | 65/66B | €116,902 | €173,757 | +€56,855 | +48.6% |
| Recurring financial charges | 65 | €116,902 | €173,757 | +€56,855 | +48.6% |
| Debt charges | 650 | €86,174 | €166,547 | +€80,373 | +93.3% |
| Other financial charges | 652/9 | €30,728 | €7,210 | -€23,518 | -76.5% |
| Profit (loss) for the period before taxes | 9903 | -€158,506 | €317,733 | +€476,239 | |
| Income taxes | 67/77 | €5,224 | €144,935 | +€139,710 | +2,674% |
| Taxes | 670/3 | €10,000 | €146,691 | +€136,691 | +1,367% |
| Tax adjustments and reversals of tax provisions | 77 | €4,776 | €1,756 | -€3,020 | -63.2% |
| Profit (loss) for the period | 9904 | -€163,730 | €172,798 | +€336,528 | |
| Profit (loss) for the period to be appropriated | 9905 | -€163,730 | €172,798 | +€336,528 |
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 15 October 2026 via checked.be.