VAN NULAND LIEN: 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 NULAND LIEN
Largest movements
- Cash +€71,989
up €71,989 (+42.5%), from €169,475 to €241,464
mainly Net result for the year (+€76,938) and Other debts (+€780)
- Reserves +€76,938
up €76,938 (+55.1%), from €139,741 to €216,680
- Tax, wage and social debts -€5,655
down €5,655 (-22.4%), from €25,277 to €19,622
- Gross operating margin -€22,275
down €22,275 (-18.7%), from €118,942 to €96,667
- Taxes -€5,655
down €5,655 (-22.4%), from €25,277 to €19,622
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 | €171,940 | €243,929 | +€71,989 | +41.9% |
| Fixed assets | 21/28 | €2,000 | €2,000 | = | 0.0% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €169,940 | €241,929 | +€71,989 | +42.4% |
| Cash at bank and in hand | 54/58 | €169,475 | €241,464 | +€71,989 | +42.5% |
| Deferred charges and accrued income | 490/1 | €465 | €465 | = | 0.0% |
| Total equity and liabilities | 10/49 | €171,940 | €243,929 | +€71,989 | +41.9% |
| Equity | 10/15 | €141,741 | €218,680 | +€76,938 | +54.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €139,741 | €216,680 | +€76,938 | +55.1% |
| Distributable reserves | 133 | €139,741 | €216,680 | +€76,938 | +55.1% |
| Amounts payable | 17/49 | €30,199 | €25,249 | -€4,949 | -16.4% |
| Amounts payable within one year | 42/48 | €30,199 | €25,249 | -€4,949 | -16.4% |
| Trade debts | 44 | €2,660 | €2,586 | -€74 | -2.8% |
| Suppliers | 440/4 | €2,660 | €2,586 | -€74 | -2.8% |
| Taxes, remuneration and social security | 45 | €25,277 | €19,622 | -€5,655 | -22.4% |
| Taxes | 450/3 | €25,277 | €19,622 | -€5,655 | -22.4% |
| Other amounts payable | 47/48 | €2,262 | €3,042 | +€780 | +34.5% |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | €118,942 | €96,667 | -€22,275 | -18.7% |
| Operating profit (loss) | 9901 | €118,880 | €96,605 | -€22,275 | -18.7% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €44 | €45 | +€1 | +3.4% |
| Recurring financial charges | 65 | €44 | €45 | +€1 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €118,837 | €96,560 | -€22,277 | -18.7% |
| Income taxes | 67/77 | €25,277 | €19,622 | -€5,655 | -22.4% |
| Profit (loss) for the period | 9904 | €93,559 | €76,938 | -€16,621 | -17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €93,559 | €76,938 | -€16,621 | -17.8% |
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 11 October 2026 via checked.be.