VAN MOER STORAGE: 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 STORAGE
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€2.1m
2024 · €1.2m+€855,056
Equity
€10.2m
2024 · €8.1m+€2.1m
Cash
€1.2m
2024 · €460,116+€787,887
Balance sheet total
€18.0m
2024 · €16.4m+€1.7m
Largest movements
Assets
- Cash +€787,887
up €787,887 (+171.2%), from €460,116 to €1.2m
mainly Net result for the year (+€2.1m) and Depreciation (+€1.5m)
- Tangible fixed assets +€758,655
up €758,655 (+8.3%), from €9.2m to €9.9m
of which Assets under construction and advance payments: +€1.1m
- Receivables within one year +€207,034
up €207,034 (+8.5%), from €2.4m to €2.6m
of which Trade receivables: +€301,903
Equity and liabilities
- Profit (loss) carried forward +€2.1m
up €2.1m (+27.8%), from €7.6m to €9.7m
- Debts after one year -€1.1m
down €1.1m (-18.7%), from €6.0m to €4.9m
- Trade debts +€715,329
up €715,329 (+91.5%), from €781,999 to €1.5m
- Tax, wage and social debts +€226,892
up €226,892 (+2836.2%), from €8,000 to €234,892
- Current portion of long-term debt -€198,713
down €198,713 (-15.1%), from €1.3m to €1.1m
Income statement
- Depreciation -€750,655
down €750,655 (-33.9%), from €2.2m to €1.5m
- Turnover +€535,586
up €535,586 (+5.1%), from €10.4m to €10.9m
- Taxes +€487,765
up €487,765 (+205.1%), from €237,780 to €725,545
of which Taxes: +€370,597
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
€1.2m
Turnover
+€535,586
Other operating income
+€26,215
Goods and materials
+€19,000
Services and other goods
-€30,343
Depreciation
+€750,655
Write-downs
+€8,639
Other operating charges
-€1,645
Financial income
-€16,317
Financial charges
+€51,031
Taxes
-€487,765
Result 2025
€2.1m
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
+€4.3m
Investment
-€2.2m
Financing
-€1.3m
Cash 2024
€460,116
From operations (derived)
+€4.3m
Net result for the year
+€2.1m
Depreciation
+€1.5m
Receivables within one year
-€207,034
Deferred charges and accrued income
+€81,288
Provisions
-€15,226
Trade debts
+€715,329
Tax, wage and social debts
+€226,892
Other debts
-€20,464
Accrued charges and deferred income
+€20,951
Investment (derived)
-€2.2m
Investment in fixed assets (net)
-€2.2m
Financing
-€1.3m
Debts after one year
-€1.1m
Current portion of long-term debt
-€198,713
Cash 2025
€1.2m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,369,984 | €18,042,273 | +€1.7m | +10.2% |
| Fixed assets | 21/28 | €12,949,581 | €13,708,236 | +€758,655 | +5.9% |
| Tangible fixed assets | 22/27 | €9,180,418 | €9,939,073 | +€758,655 | +8.3% |
| Land and buildings | 22 | €6,622,030 | €6,813,832 | +€191,802 | +2.9% |
| Plant, machinery and equipment | 23 | €1,356,708 | €1,162,284 | -€194,424 | -14.3% |
| Furniture and vehicles | 24 | €5,213 | €3,384 | -€1,829 | -35.1% |
| Leasing and similar rights | 25 | €1,151,753 | €816,338 | -€335,415 | -29.1% |
| Other tangible fixed assets | 26 | €25,714 | €22,466 | -€3,248 | -12.6% |
| Assets under construction and advance payments | 27 | €19,000 | €1,120,769 | +€1.1m | +5798.8% |
| Financial fixed assets | 28 | €3,769,163 | €3,769,163 | = | 0.0% |
| Affiliated companies | 280/1 | €3,769,163 | €3,769,163 | = | 0.0% |
| Participating interests | 280 | €3,769,163 | €3,769,163 | = | 0.0% |
| Current assets | 29/58 | €3,420,404 | €4,334,037 | +€913,633 | +26.7% |
| Amounts receivable within one year | 40/41 | €2,434,710 | €2,641,744 | +€207,034 | +8.5% |
| Trade receivables | 40 | €2,339,840 | €2,641,744 | +€301,903 | +12.9% |
| Other amounts receivable | 41 | €94,870 | - | -€94,870 | |
| Cash at bank and in hand | 54/58 | €460,116 | €1,248,004 | +€787,887 | +171.2% |
| Deferred charges and accrued income | 490/1 | €525,577 | €444,289 | -€81,288 | -15.5% |
| Total equity and liabilities | 10/49 | €16,369,984 | €18,042,273 | +€1.7m | +10.2% |
| Equity | 10/15 | €8,134,613 | €10,199,493 | +€2.1m | +25.4% |
| Contributions | 10/11 | €302,131 | €302,131 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,131 | €2,131 | = | 0.0% |
| Share premium | 1100/10 | €2,131 | €2,131 | = | 0.0% |
| Reserves | 13 | €228,942 | €183,265 | -€45,677 | -20.0% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €169,206 | €123,529 | -€45,677 | -27.0% |
| Distributable reserves | 133 | €29,735 | €29,735 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,603,541 | €9,714,098 | +€2.1m | +27.8% |
| Investment grants | 15 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €53,688 | €38,462 | -€15,226 | -28.4% |
| Deferred taxes | 168 | €53,688 | €38,462 | -€15,226 | -28.4% |
| Amounts payable | 17/49 | €8,181,683 | €7,804,317 | -€377,366 | -4.6% |
| Amounts payable after more than one year | 17 | €5,995,623 | €4,874,262 | -€1.1m | -18.7% |
| Financial debts | 170/4 | €5,995,623 | €4,874,262 | -€1.1m | -18.7% |
| Leasing and similar obligations | 172 | €449,529 | €178,483 | -€271,046 | -60.3% |
| Credit institutions | 173 | €5,546,094 | €4,695,779 | -€850,315 | -15.3% |
| Amounts payable within one year | 42/48 | €2,170,196 | €2,893,240 | +€723,045 | +33.3% |
| Current portion of amounts payable after more than one year | 42 | €1,320,074 | €1,121,362 | -€198,713 | -15.1% |
| Trade debts | 44 | €781,999 | €1,497,327 | +€715,329 | +91.5% |
| Suppliers | 440/4 | €781,999 | €1,497,327 | +€715,329 | +91.5% |
| Taxes, remuneration and social security | 45 | €8,000 | €234,892 | +€226,892 | +2836.2% |
| Taxes | 450/3 | €8,000 | €234,892 | +€226,892 | +2836.2% |
| Other amounts payable | 47/48 | €60,123 | €39,659 | -€20,464 | -34.0% |
| Accrued charges and deferred income | 492/3 | €15,864 | €36,815 | +€20,951 | +132.1% |
| Operating income | 70/76A | €14,721,408 | €15,283,209 | +€561,801 | +3.8% |
| Turnover | 70 | €10,403,382 | €10,938,968 | +€535,586 | +5.1% |
| Other operating income | 74 | €4,318,027 | €4,344,242 | +€26,215 | +0.6% |
| Operating charges | 60/66A | €13,036,258 | €12,289,952 | -€746,306 | -5.7% |
| Goods for resale, raw materials and consumables | 60 | €19,000 | - | -€19,000 | |
| Purchases | 600/8 | €19,000 | - | -€19,000 | |
| Services and other goods | 61 | €9,604,997 | €9,635,340 | +€30,343 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,214,063 | €1,463,408 | -€750,655 | -33.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,639 | - | -€8,639 | |
| Other operating charges | 640/8 | €1,189,559 | €1,191,204 | +€1,645 | +0.1% |
| Operating profit (loss) | 9901 | €1,685,150 | €2,993,257 | +€1.3m | +77.6% |
| Financial income | 75/76B | €28,300 | €11,984 | -€16,317 | -57.7% |
| Recurring financial income | 75 | €28,300 | €11,984 | -€16,317 | -57.7% |
| Income from financial fixed assets | 750 | €13,689 | €11,983 | -€1,706 | -12.5% |
| Income from current assets | 751 | €311 | - | -€311 | |
| Other financial income | 752/9 | €14,301 | €1 | -€14,300 | -100.0% |
| Financial charges | 65/66B | €281,073 | €230,042 | -€51,031 | -18.2% |
| Recurring financial charges | 65 | €281,073 | €230,042 | -€51,031 | -18.2% |
| Debt charges | 650 | €277,056 | €222,151 | -€54,905 | -19.8% |
| Other financial charges | 652/9 | €4,016 | €7,891 | +€3,874 | +96.5% |
| Profit (loss) for the period before taxes | 9903 | €1,432,378 | €2,775,199 | +€1.3m | +93.7% |
| Transfer from deferred taxes | 780 | €15,226 | €15,226 | = | 0.0% |
| Income taxes | 67/77 | €237,780 | €725,545 | +€487,765 | +205.1% |
| Taxes | 670/3 | €354,948 | €725,545 | +€370,597 | +104.4% |
| Tax adjustments and reversals of tax provisions | 77 | €117,168 | - | -€117,168 | |
| Profit (loss) for the period | 9904 | €1,209,824 | €2,064,880 | +€855,056 | +70.7% |
| Transfer from tax-exempt reserves | 789 | €45,677 | €45,677 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,255,501 | €2,110,557 | +€855,056 | +68.1% |
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 10 October 2026 via checked.be.