VAN NEVEL - ALLARY: 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.
VAN NEVEL - ALLARY
Largest movements
- Tangible fixed assets +€63,090
up €63,090 (+6.7%), from €938,878 to €1.0m
of which Furniture and vehicles: +€49,646
- Cash -€12,788
down €12,788 (-14.3%), from €89,282 to €76,495
mainly Investment in fixed assets (net) (-€98,933) and Trade debts (-€4,585)
- Reserves +€26,086
up €26,086 (+7.2%), from €363,285 to €389,371
of which Distributable reserves: +€29,254
- Other debts +€12,080
up €12,080 (+4.9%), from €247,657 to €259,737
- Debts after one year +€12,005
up €12,005 (+3.1%), from €392,976 to €404,981
- Gross operating margin +€25,029
up €25,029 (+33.6%), from €74,495 to €99,524
- Financial charges +€5,718
up €5,718 (+24.3%), from €23,538 to €29,256
- Taxes +€4,213
up €4,213 (+127%), from €3,306 to €7,519
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,078,927 | €1,129,518 | +€50,591 | +4.7% |
| Fixed assets | 21/28 | €988,878 | €1,051,968 | +€63,090 | +6.4% |
| Tangible fixed assets | 22/27 | €938,878 | €1,001,968 | +€63,090 | +6.7% |
| Land and buildings | 22 | €916,538 | €929,982 | +€13,444 | +1.5% |
| Furniture and vehicles | 24 | €22,340 | €71,986 | +€49,646 | +222% |
| Financial fixed assets | 28 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €90,049 | €77,550 | -€12,500 | -13.9% |
| Amounts receivable within one year | 40/41 | €767 | €1,055 | +€288 | +37.5% |
| Trade receivables | 40 | €767 | €1,055 | +€288 | +37.5% |
| Cash at bank and in hand | 54/58 | €89,282 | €76,495 | -€12,788 | -14.3% |
| Total equity and liabilities | 10/49 | €1,078,927 | €1,129,518 | +€50,591 | +4.7% |
| Equity | 10/15 | €363,285 | €389,371 | +€26,086 | +7.2% |
| Reserves | 13 | €363,285 | €389,371 | +€26,086 | +7.2% |
| Tax-exempt reserves | 132 | €98,211 | €95,043 | -€3,168 | -3.2% |
| Distributable reserves | 133 | €265,074 | €294,328 | +€29,254 | +11.0% |
| Provisions and deferred taxes | 16 | €32,737 | €31,681 | -€1,056 | -3.2% |
| Deferred taxes | 168 | €32,737 | €31,681 | -€1,056 | -3.2% |
| Amounts payable | 17/49 | €682,906 | €708,466 | +€25,560 | +3.7% |
| Amounts payable after more than one year | 17 | €392,976 | €404,981 | +€12,005 | +3.1% |
| Financial debts | 170/4 | €392,976 | €404,981 | +€12,005 | +3.1% |
| Amounts payable within one year | 42/48 | €289,930 | €303,485 | +€13,555 | +4.7% |
| Current portion of amounts payable after more than one year | 42 | €26,705 | €30,174 | +€3,470 | +13.0% |
| Trade debts | 44 | €7,152 | €2,567 | -€4,585 | -64.1% |
| Suppliers | 440/4 | €7,152 | €2,567 | -€4,585 | -64.1% |
| Taxes, remuneration and social security | 45 | €8,415 | €11,006 | +€2,591 | +30.8% |
| Taxes | 450/3 | €8,415 | €9,481 | +€1,066 | +12.7% |
| Remuneration and social security | 454/9 | - | €1,525 | +€1,525 | |
| Other amounts payable | 47/48 | €247,657 | €259,737 | +€12,080 | +4.9% |
| Non-recurring operating income | 76A | - | €9,028 | +€9,028 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,749 | €35,843 | -€905 | -2.5% |
| Other operating charges | 640/8 | €2,679 | €2,218 | -€461 | -17.2% |
| Gross operating margin | 9900 | €74,495 | €99,524 | +€25,029 | +33.6% |
| Operating profit (loss) | 9901 | €35,067 | €61,463 | +€26,395 | +75.3% |
| Financial income | 75/76B | €175 | €343 | +€167 | +95.2% |
| Recurring financial income | 75 | €175 | €343 | +€167 | +95.2% |
| Financial charges | 65/66B | €23,538 | €29,256 | +€5,718 | +24.3% |
| Recurring financial charges | 65 | €23,538 | €29,256 | +€5,718 | +24.3% |
| Profit (loss) for the period before taxes | 9903 | €11,705 | €32,549 | +€20,844 | +178% |
| Transfer from deferred taxes | 780 | €1,056 | €1,056 | = | 0.0% |
| Income taxes | 67/77 | €3,306 | €7,519 | +€4,213 | +127% |
| Profit (loss) for the period | 9904 | €9,455 | €26,086 | +€16,631 | +176% |
| Transfer from tax-exempt reserves | 789 | €3,168 | €3,168 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,623 | €29,254 | +€16,631 | +132% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.