VAN NOYEN: 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 NOYEN
NACE 49.410, Freight transport by road
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€53,502
2024 · €51,959+€1,543
Equity
€262,378
2024 · €208,876+€53,502
Cash
€43,030
2024 · €40,698+€2,331
Balance sheet total
€586,502
2024 · €536,319+€50,183
Largest movements
Assets
- Tangible fixed assets +€39,254
up €39,254 (+10.2%), from €383,893 to €423,147
of which Furniture and vehicles: +€47,279
- Receivables within one year +€33,598
up €33,598 (+39.0%), from €86,202 to €119,800
of which Trade receivables: +€20,513
- Current investments -€25,000
no longer reported in 2025 (was €25,000)
Equity and liabilities
- Reserves +€53,502
up €53,502 (+29.7%), from €179,946 to €233,448
of which Distributable reserves: +€53,502
Income statement
- Staff costs +€30,319
up €30,319 (+16.0%), from €189,756 to €220,075
- Gross operating margin +€30,087
up €30,087 (+9.6%), from €313,079 to €343,166
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
€51,959
Gross operating margin
+€30,087
Staff costs
-€30,319
Depreciation
+€3,041
Write-downs
+€500
Other operating charges
-€280
Financial income
-€25
Financial charges
-€1,987
Taxes
+€525
Result 2025
€53,502
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
+€52,751
Investment
-€47,833
Financing
-€2,587
Cash 2024
€40,698
From operations (derived)
+€52,751
Net result for the year
+€53,502
Depreciation
+€33,579
Receivables within one year
-€33,598
Trade debts
+€4,979
Tax, wage and social debts
-€2,956
Other debts
-€2,836
Accrued charges and deferred income
+€81
Investment (derived)
-€47,833
Investment in fixed assets (net)
-€72,833
Current investments
+€25,000
Financing
-€2,587
Debts after one year
+€1,435
Current portion of long-term debt
-€4,022
Cash 2025
€43,030
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €536,319 | €586,502 | +€50,183 | +9.4% |
| Fixed assets | 21/28 | €384,418 | €423,672 | +€39,254 | +10.2% |
| Tangible fixed assets | 22/27 | €383,893 | €423,147 | +€39,254 | +10.2% |
| Land and buildings | 22 | €329,959 | €319,977 | -€9,982 | -3.0% |
| Plant, machinery and equipment | 23 | €9,684 | €11,641 | +€1,957 | +20.2% |
| Furniture and vehicles | 24 | €44,250 | €91,528 | +€47,279 | +107% |
| Financial fixed assets | 28 | €525 | €525 | = | 0.0% |
| Current assets | 29/58 | €151,901 | €162,830 | +€10,930 | +7.2% |
| Amounts receivable within one year | 40/41 | €86,202 | €119,800 | +€33,598 | +39.0% |
| Trade receivables | 40 | €85,838 | €106,351 | +€20,513 | +23.9% |
| Other amounts receivable | 41 | €364 | €13,449 | +€13,085 | +3,593% |
| Current investments | 50/53 | €25,000 | - | -€25,000 | |
| Cash at bank and in hand | 54/58 | €40,698 | €43,030 | +€2,331 | +5.7% |
| Total equity and liabilities | 10/49 | €536,319 | €586,502 | +€50,183 | +9.4% |
| Equity | 10/15 | €208,876 | €262,378 | +€53,502 | +25.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €179,946 | €233,448 | +€53,502 | +29.7% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Other | 1319 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,000 | €6,000 | = | 0.0% |
| Distributable reserves | 133 | €172,087 | €225,588 | +€53,502 | +31.1% |
| Profit (loss) carried forward | 14 | €10,339 | €10,339 | = | 0.0% |
| Amounts payable | 17/49 | €327,443 | €324,124 | -€3,319 | -1.0% |
| Amounts payable after more than one year | 17 | €251,761 | €253,195 | +€1,435 | +0.6% |
| Financial debts | 170/4 | €251,761 | €253,195 | +€1,435 | +0.6% |
| Amounts payable within one year | 42/48 | €75,175 | €70,341 | -€4,834 | -6.4% |
| Current portion of amounts payable after more than one year | 42 | €37,715 | €33,694 | -€4,022 | -10.7% |
| Trade debts | 44 | €15,586 | €20,565 | +€4,979 | +31.9% |
| Suppliers | 440/4 | €15,586 | €20,565 | +€4,979 | +31.9% |
| Taxes, remuneration and social security | 45 | €19,038 | €16,082 | -€2,956 | -15.5% |
| Taxes | 450/3 | €9,207 | €5,225 | -€3,983 | -43.3% |
| Remuneration and social security | 454/9 | €9,830 | €10,857 | +€1,027 | +10.4% |
| Other amounts payable | 47/48 | €2,836 | - | -€2,836 | |
| Accrued charges and deferred income | 492/3 | €507 | €588 | +€81 | +16.1% |
| Non-recurring operating income | 76A | €207 | - | -€207 | |
| Remuneration, social security and pensions | 62 | €189,756 | €220,075 | +€30,319 | +16.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,620 | €33,579 | -€3,041 | -8.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €500 | - | -€500 | |
| Other operating charges | 640/8 | €1,845 | €2,125 | +€280 | +15.2% |
| Gross operating margin | 9900 | €313,079 | €343,166 | +€30,087 | +9.6% |
| Operating profit (loss) | 9901 | €84,358 | €87,388 | +€3,029 | +3.6% |
| Financial income | 75/76B | €414 | €389 | -€25 | -5.9% |
| Recurring financial income | 75 | €414 | €389 | -€25 | -5.9% |
| Financial charges | 65/66B | €4,976 | €6,963 | +€1,987 | +39.9% |
| Recurring financial charges | 65 | €4,976 | €6,963 | +€1,987 | +39.9% |
| Profit (loss) for the period before taxes | 9903 | €79,796 | €80,813 | +€1,018 | +1.3% |
| Income taxes | 67/77 | €27,837 | €27,312 | -€525 | -1.9% |
| Profit (loss) for the period | 9904 | €51,959 | €53,502 | +€1,543 | +3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €51,959 | €53,502 | +€1,543 | +3.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.