VAN MOER FORWARDING: 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 FORWARDING
NACE 52.250, Logistics services
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€114,914
2024 · -€13,862+€128,776
Equity
€440,884
2024 · €373,676+€67,208
Cash
€121,874
2024 · €609+€121,265
Balance sheet total
€1.7m
2024 · €1.9m-€259,823
Largest movements
Assets
- Receivables within one year -€264,832
down €264,832 (-18.4%), from €1.4m to €1.2m
of which Other amounts receivable: -€287,711
- Cash +€121,265
up €121,265 (+19902.4%), from €609 to €121,874
mainly Receivables within one year (+€264,832) and Debts after one year (+€172,298)
- Deferred charges and accrued income -€104,696
down €104,696 (-29.1%), from €360,093 to €255,397
Equity and liabilities
- Trade debts -€605,211
down €605,211 (-43.1%), from €1.4m to €797,889
- Debts after one year +€172,298
up €172,298 (+554.9%), from €31,049 to €203,347
- Profit (loss) carried forward +€67,208
up €67,208 (+236.8%), from €28,384 to €95,592
- Other debts +€62,740
up €62,740, from €0 to €62,740
- Tax, wage and social debts +€53,365
up €53,365 (+53.0%), from €100,626 to €153,991
of which Taxes: +€60,005
Income statement
- Services and other goods -€186,016
down €186,016 (-18.1%), from €1.0m to €840,619
- Goods and materials -€137,784
down €137,784 (-1.9%), from €7.3m to €7.1m
- Write-downs +€100,097
up €100,097, from -€72,893 to €27,204
- Staff costs -€88,306
down €88,306 (-13.7%), from €646,382 to €558,076
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
-€13,862
Turnover
-€67,182
Other operating income
-€9,612
Goods and materials
+€137,784
Services and other goods
+€186,016
Staff costs
+€88,306
Depreciation
+€2,760
Write-downs
-€100,097
Other operating charges
-€14,425
Financial income
-€65,934
Financial charges
+€3,101
Taxes
-€31,940
Result 2025
€114,914
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.
From operations
+€6,997
Investment
-€1,116
Financing
+€115,384
Cash 2024
€609
From operations (derived)
+€6,997
Net result for the year
+€114,914
Depreciation
+€12,676
Receivables within one year
+€264,832
Deferred charges and accrued income
+€104,696
Trade debts
-€605,211
Tax, wage and social debts
+€53,365
Other debts
+€62,740
Accrued charges and deferred income
-€1,015
Investment (derived)
-€1,116
Investment in fixed assets (net)
-€1,116
Financing
+€115,384
Debts after one year
+€172,298
Short-term financial debts
-€9,209
Contributions, distributions and other
-€47,706
Cash 2025
€121,874
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,922,269 | €1,662,446 | -€259,823 | -13.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €123,614 | €112,054 | -€11,560 | -9.4% |
| Intangible fixed assets | 21 | €118,925 | €107,033 | -€11,893 | -10.0% |
| Tangible fixed assets | 22/27 | €1,922 | €2,254 | +€332 | +17.3% |
| Land and buildings | 22 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €1,922 | €2,254 | +€332 | +17.3% |
| Financial fixed assets | 28 | €2,767 | €2,767 | = | 0.0% |
| Other financial fixed assets | 284/8 | €2,767 | €2,767 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,767 | €2,767 | = | 0.0% |
| Current assets | 29/58 | €1,798,655 | €1,550,392 | -€248,263 | -13.8% |
| Amounts receivable within one year | 40/41 | €1,437,953 | €1,173,120 | -€264,832 | -18.4% |
| Trade receivables | 40 | €1,150,214 | €1,173,092 | +€22,878 | +2.0% |
| Other amounts receivable | 41 | €287,739 | €28 | -€287,711 | -100.0% |
| Cash at bank and in hand | 54/58 | €609 | €121,874 | +€121,265 | +19902.4% |
| Deferred charges and accrued income | 490/1 | €360,093 | €255,397 | -€104,696 | -29.1% |
| Total equity and liabilities | 10/49 | €1,922,269 | €1,662,446 | -€259,823 | -13.5% |
| Equity | 10/15 | €373,676 | €440,884 | +€67,208 | +18.0% |
| Contributions | 10/11 | €325,947 | €325,947 | = | 0.0% |
| Reserves | 13 | €19,345 | €19,345 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,306 | - | -€3,306 | |
| Reserves not available under the articles | 1311 | €3,306 | - | -€3,306 | |
| Distributable reserves | 133 | €16,039 | €19,345 | +€3,306 | +20.6% |
| Profit (loss) carried forward | 14 | €28,384 | €95,592 | +€67,208 | +236.8% |
| Amounts payable | 17/49 | €1,548,593 | €1,221,562 | -€327,031 | -21.1% |
| Amounts payable after more than one year | 17 | €31,049 | €203,347 | +€172,298 | +554.9% |
| Other amounts payable | 178/9 | €31,049 | €203,347 | +€172,298 | +554.9% |
| Amounts payable within one year | 42/48 | €1,512,935 | €1,014,620 | -€498,315 | -32.9% |
| Financial debts | 43 | €9,209 | - | -€9,209 | |
| Credit institutions | 430/8 | €9,209 | - | -€9,209 | |
| Trade debts | 44 | €1,403,100 | €797,889 | -€605,211 | -43.1% |
| Suppliers | 440/4 | €1,403,100 | €797,889 | -€605,211 | -43.1% |
| Taxes, remuneration and social security | 45 | €100,626 | €153,991 | +€53,365 | +53.0% |
| Taxes | 450/3 | €30,201 | €90,206 | +€60,005 | +198.7% |
| Remuneration and social security | 454/9 | €70,425 | €63,785 | -€6,640 | -9.4% |
| Other amounts payable | 47/48 | €0 | €62,740 | +€62,740 | |
| Accrued charges and deferred income | 492/3 | €4,610 | €3,595 | -€1,015 | -22.0% |
| Operating income | 70/76A | €8,817,932 | €8,741,138 | -€76,794 | -0.9% |
| Turnover | 70 | €8,802,808 | €8,735,627 | -€67,182 | -0.8% |
| Other operating income | 74 | €15,124 | €5,512 | -€9,612 | -63.6% |
| Operating charges | 60/66A | €8,873,974 | €8,573,632 | -€300,343 | -3.4% |
| Goods for resale, raw materials and consumables | 60 | €7,251,028 | €7,113,245 | -€137,784 | -1.9% |
| Purchases | 600/8 | €7,251,028 | €7,113,245 | -€137,784 | -1.9% |
| Services and other goods | 61 | €1,026,635 | €840,619 | -€186,016 | -18.1% |
| Remuneration, social security and pensions | 62 | €646,382 | €558,076 | -€88,306 | -13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,436 | €12,676 | -€2,760 | -17.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€72,893 | €27,204 | +€100,097 | |
| Other operating charges | 640/8 | €7,386 | €21,811 | +€14,425 | +195.3% |
| Operating profit (loss) | 9901 | -€56,042 | €167,507 | +€223,549 | |
| Financial income | 75/76B | €88,133 | €22,199 | -€65,934 | -74.8% |
| Recurring financial income | 75 | €88,133 | €22,199 | -€65,934 | -74.8% |
| Income from financial fixed assets | 750 | €12,122 | - | -€12,122 | |
| Other financial income | 752/9 | €76,011 | €22,199 | -€53,813 | -70.8% |
| Financial charges | 65/66B | €33,787 | €30,686 | -€3,101 | -9.2% |
| Recurring financial charges | 65 | €33,787 | €30,686 | -€3,101 | -9.2% |
| Debt charges | 650 | €2,935 | €10,035 | +€7,100 | +242.0% |
| Other financial charges | 652/9 | €30,853 | €20,652 | -€10,201 | -33.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,696 | €159,019 | +€160,715 | |
| Income taxes | 67/77 | €12,166 | €44,105 | +€31,940 | +262.5% |
| Taxes | 670/3 | €12,166 | €44,105 | +€31,940 | +262.5% |
| Profit (loss) for the period | 9904 | -€13,862 | €114,914 | +€128,776 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,862 | €114,914 | +€128,776 |
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.