Van Nen: 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 Nen
Largest movements
- Receivables after one year -€10,575
no longer reported in 2025 (was €10,575)
- Cash +€9,340
up €9,340 (+23.5%), from €39,757 to €49,097
mainly Other debts (+€31,901) and Receivables after one year (+€10,575)
- Receivables within one year -€2,320
down €2,320 (-19.3%), from €12,000 to €9,680
- Reserves -€32,525
no longer reported in 2025 (was €32,525)
- Other debts +€31,901
up €31,901 (+45704.1%), from €70 to €31,971
- Trade debts -€2,477
down €2,477 (-50.9%), from €4,870 to €2,393
- Gross operating margin -€14,146
down €14,146 (-50.1%), from €28,233 to €14,088
- Taxes -€2,768
down €2,768 (-44.3%), from €6,251 to €3,483
- Other operating charges +€317
up €317 (+174.2%), from €182 to €498
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 | €63,831 | €60,277 | -€3,554 | -5.6% |
| Fixed assets | 21/28 | €1,500 | €1,500 | = | 0.0% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €62,331 | €58,777 | -€3,554 | -5.7% |
| Amounts receivable after more than one year | 29 | €10,575 | - | -€10,575 | |
| Other amounts receivable | 291 | €10,575 | - | -€10,575 | |
| Amounts receivable within one year | 40/41 | €12,000 | €9,680 | -€2,320 | -19.3% |
| Trade receivables | 40 | €12,000 | €9,680 | -€2,320 | -19.3% |
| Cash at bank and in hand | 54/58 | €39,757 | €49,097 | +€9,340 | +23.5% |
| Total equity and liabilities | 10/49 | €63,831 | €60,277 | -€3,554 | -5.6% |
| Equity | 10/15 | €42,525 | €10,000 | -€32,525 | -76.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €32,525 | - | -€32,525 | |
| Distributable reserves | 133 | €32,525 | - | -€32,525 | |
| Amounts payable | 17/49 | €21,306 | €50,277 | +€28,971 | +136.0% |
| Amounts payable within one year | 42/48 | €21,306 | €50,277 | +€28,971 | +136.0% |
| Trade debts | 44 | €4,870 | €2,393 | -€2,477 | -50.9% |
| Suppliers | 440/4 | €4,870 | €2,393 | -€2,477 | -50.9% |
| Taxes, remuneration and social security | 45 | €16,367 | €15,913 | -€454 | -2.8% |
| Taxes | 450/3 | €16,367 | €15,913 | -€454 | -2.8% |
| Other amounts payable | 47/48 | €70 | €31,971 | +€31,901 | +45704.1% |
| Other operating charges | 640/8 | €182 | €498 | +€317 | +174.2% |
| Gross operating margin | 9900 | €28,233 | €14,088 | -€14,146 | -50.1% |
| Operating profit (loss) | 9901 | €28,052 | €13,589 | -€14,462 | -51.6% |
| Financial income | 75/76B | €207 | - | -€207 | |
| Recurring financial income | 75 | €207 | - | -€207 | |
| Financial charges | 65/66B | €121 | €145 | +€24 | +20.1% |
| Recurring financial charges | 65 | €121 | €145 | +€24 | +20.1% |
| Profit (loss) for the period before taxes | 9903 | €28,138 | €13,444 | -€14,694 | -52.2% |
| Income taxes | 67/77 | €6,251 | €3,483 | -€2,768 | -44.3% |
| Profit (loss) for the period | 9904 | €21,887 | €9,961 | -€11,926 | -54.5% |
| Profit (loss) for the period to be appropriated | 9905 | €21,887 | €9,961 | -€11,926 | -54.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.