VAN OERS: 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 OERS
Largest movements
- Cash +€59,988
up €59,988 (+31.8%), from €188,678 to €248,665
mainly Other debts (+€198,288) and Net result for the year (+€91,524)
- Tangible fixed assets -€57,300
down €57,300 (-16.3%), from €351,402 to €294,102
of which Furniture and vehicles: -€35,230
- Other debts +€198,288
up €198,288 (+5,493%), from €3,610 to €201,899
- Short-term financial debts -€80,000
down €80,000 (-100%), from €80,000 to €0
- Profit (loss) carried forward -€78,780
down €78,780 (-100%), from €78,780 to €0
- Debts after one year -€45,910
down €45,910 (-28.7%), from €159,738 to €113,827
- Trade debts +€32,632
up €32,632 (+33.9%), from €96,356 to €128,988
- Gross operating margin +€49,040
up €49,040 (+34.3%), from €143,059 to €192,099
- Taxes +€5,301
up €5,301 (+29.2%), from €18,159 to €23,460
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 | €790,853 | €779,170 | -€11,683 | -1.5% |
| Fixed assets | 21/28 | €351,672 | €294,372 | -€57,300 | -16.3% |
| Tangible fixed assets | 22/27 | €351,402 | €294,102 | -€57,300 | -16.3% |
| Land and buildings | 22 | €201,574 | €186,135 | -€15,439 | -7.7% |
| Plant, machinery and equipment | 23 | €38,679 | €32,048 | -€6,630 | -17.1% |
| Furniture and vehicles | 24 | €111,149 | €75,919 | -€35,230 | -31.7% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €439,181 | €484,798 | +€45,617 | +10.4% |
| Stocks and contracts in progress | 3 | €74,750 | €69,750 | -€5,000 | -6.7% |
| Stocks | 30/36 | €74,750 | €69,750 | -€5,000 | -6.7% |
| Amounts receivable within one year | 40/41 | €166,993 | €161,607 | -€5,386 | -3.2% |
| Trade receivables | 40 | €123,691 | €121,273 | -€2,418 | -2.0% |
| Other amounts receivable | 41 | €43,302 | €40,334 | -€2,968 | -6.9% |
| Cash at bank and in hand | 54/58 | €188,678 | €248,665 | +€59,988 | +31.8% |
| Deferred charges and accrued income | 490/1 | €8,761 | €4,776 | -€3,985 | -45.5% |
| Total equity and liabilities | 10/49 | €790,853 | €779,170 | -€11,683 | -1.5% |
| Equity | 10/15 | €395,722 | €285,347 | -€110,375 | -27.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €298,342 | €266,747 | -€31,595 | -10.6% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Tax-exempt reserves | 132 | €34,205 | €34,205 | = | 0.0% |
| Distributable reserves | 133 | €262,277 | €232,542 | -€29,735 | -11.3% |
| Profit (loss) carried forward | 14 | €78,780 | €0 | -€78,780 | -100% |
| Amounts payable | 17/49 | €395,131 | €493,823 | +€98,692 | +25.0% |
| Amounts payable after more than one year | 17 | €159,738 | €113,827 | -€45,910 | -28.7% |
| Financial debts | 170/4 | €159,738 | €113,827 | -€45,910 | -28.7% |
| Amounts payable within one year | 42/48 | €235,393 | €379,832 | +€144,440 | +61.4% |
| Current portion of amounts payable after more than one year | 42 | €44,714 | €45,910 | +€1,196 | +2.7% |
| Financial debts | 43 | €80,000 | €0 | -€80,000 | -100% |
| Credit institutions | 430/8 | €80,000 | €0 | -€80,000 | -100% |
| Trade debts | 44 | €96,356 | €128,988 | +€32,632 | +33.9% |
| Suppliers | 440/4 | €96,356 | €128,988 | +€32,632 | +33.9% |
| Taxes, remuneration and social security | 45 | €10,712 | €3,035 | -€7,677 | -71.7% |
| Taxes | 450/3 | €10,712 | €3,035 | -€7,677 | -71.7% |
| Other amounts payable | 47/48 | €3,610 | €201,899 | +€198,288 | +5,493% |
| Accrued charges and deferred income | 492/3 | - | €163 | +€163 | |
| Non-recurring operating income | 76A | €1,810 | €0 | -€1,810 | -100% |
| Remuneration, social security and pensions | 62 | €220 | €227 | +€7 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,676 | €57,300 | +€1,624 | +2.9% |
| Other operating charges | 640/8 | €9,329 | €8,708 | -€621 | -6.7% |
| Gross operating margin | 9900 | €143,059 | €192,099 | +€49,040 | +34.3% |
| Operating profit (loss) | 9901 | €77,834 | €125,864 | +€48,030 | +61.7% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €10,427 | €10,880 | +€453 | +4.3% |
| Recurring financial charges | 65 | €10,427 | €10,880 | +€453 | +4.3% |
| Profit (loss) for the period before taxes | 9903 | €67,407 | €114,984 | +€47,577 | +70.6% |
| Income taxes | 67/77 | €18,159 | €23,460 | +€5,301 | +29.2% |
| Profit (loss) for the period | 9904 | €49,247 | €91,524 | +€42,276 | +85.8% |
| Profit (loss) for the period to be appropriated | 9905 | €49,247 | €91,524 | +€42,276 | +85.8% |
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 20 October 2026 via checked.be.