VAN OVERVELD: 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 OVERVELD
Largest movements
- Stocks and contracts -€923,930
down €923,930 (-83.5%), from €1.1m to €182,901
of which Stocks: -€1.1m
- Receivables within one year +€124,817
up €124,817 (+39.0%), from €319,635 to €444,452
of which Other amounts receivable: +€105,798
- Tangible fixed assets -€67,310
down €67,310 (-17.7%), from €379,243 to €311,933
of which Plant, machinery and equipment: -€60,504
- Short-term financial debts -€820,723
down €820,723 (-99.5%), from €824,453 to €3,729
- Trade debts -€35,163
down €35,163 (-21.0%), from €167,260 to €132,097
- Debts after one year -€21,935
down €21,935 (-12.3%), from €178,878 to €156,943
- Staff costs -€89,207
down €89,207 (-21.5%), from €415,075 to €325,868
- Financial charges +€60,352
up €60,352 (+433%), from €13,934 to €74,286
- Gross operating margin -€37,357
down €37,357 (-6.7%), from €556,515 to €519,158
- Financial income +€16,558
up €16,558 (+7,199,252%), from €0 to €16,559
- Depreciation +€12,444
up €12,444 (+12.2%), from €102,356 to €114,800
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,813,178 | €956,007 | -€857,171 | -47.3% |
| Fixed assets | 21/28 | €379,378 | €312,068 | -€67,310 | -17.7% |
| Tangible fixed assets | 22/27 | €379,243 | €311,933 | -€67,310 | -17.7% |
| Plant, machinery and equipment | 23 | €247,144 | €186,640 | -€60,504 | -24.5% |
| Furniture and vehicles | 24 | €124,101 | €90,392 | -€33,708 | -27.2% |
| Leasing and similar rights | 25 | - | €31,094 | +€31,094 | |
| Other tangible fixed assets | 26 | €7,998 | €3,806 | -€4,192 | -52.4% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €1,433,801 | €643,939 | -€789,861 | -55.1% |
| Stocks and contracts in progress | 3 | €1,106,831 | €182,901 | -€923,930 | -83.5% |
| Stocks | 30/36 | €1,106,831 | €40,150 | -€1.1m | -96.4% |
| Contracts in progress | 37 | - | €142,751 | +€142,751 | |
| Amounts receivable within one year | 40/41 | €319,635 | €444,452 | +€124,817 | +39.0% |
| Trade receivables | 40 | €129,282 | €148,301 | +€19,019 | +14.7% |
| Other amounts receivable | 41 | €190,353 | €296,150 | +€105,798 | +55.6% |
| Cash at bank and in hand | 54/58 | €45 | €453 | +€408 | +907% |
| Deferred charges and accrued income | 490/1 | €7,290 | €16,134 | +€8,844 | +121% |
| Total equity and liabilities | 10/49 | €1,813,178 | €956,007 | -€857,171 | -47.3% |
| Equity | 10/15 | €474,172 | €481,354 | +€7,181 | +1.5% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €467,922 | €475,104 | +€7,181 | +1.5% |
| Non-distributable reserves | 130/1 | €1,875 | €1,875 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,875 | €1,875 | = | 0.0% |
| Distributable reserves | 133 | €466,047 | €473,229 | +€7,181 | +1.5% |
| Amounts payable | 17/49 | €1,339,006 | €474,653 | -€864,353 | -64.6% |
| Amounts payable after more than one year | 17 | €178,878 | €156,943 | -€21,935 | -12.3% |
| Financial debts | 170/4 | €178,878 | €156,943 | -€21,935 | -12.3% |
| Amounts payable within one year | 42/48 | €1,160,127 | €317,710 | -€842,417 | -72.6% |
| Current portion of amounts payable after more than one year | 42 | €60,787 | €57,596 | -€3,191 | -5.2% |
| Financial debts | 43 | €824,453 | €3,729 | -€820,723 | -99.5% |
| Credit institutions | 430/8 | €824,453 | €3,729 | -€820,723 | -99.5% |
| Trade debts | 44 | €167,260 | €132,097 | -€35,163 | -21.0% |
| Suppliers | 440/4 | €167,260 | €132,097 | -€35,163 | -21.0% |
| Taxes, remuneration and social security | 45 | €107,627 | €124,288 | +€16,660 | +15.5% |
| Taxes | 450/3 | €85,263 | €118,561 | +€33,297 | +39.1% |
| Remuneration and social security | 454/9 | €22,364 | €5,727 | -€16,637 | -74.4% |
| Remuneration, social security and pensions | 62 | €415,075 | €325,868 | -€89,207 | -21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €102,356 | €114,800 | +€12,444 | +12.2% |
| Other operating charges | 640/8 | €7,130 | €6,682 | -€448 | -6.3% |
| Gross operating margin | 9900 | €556,515 | €519,158 | -€37,357 | -6.7% |
| Operating profit (loss) | 9901 | €31,954 | €71,808 | +€39,855 | +125% |
| Financial income | 75/76B | €0 | €16,559 | +€16,558 | +7,199,252% |
| Recurring financial income | 75 | €0 | €16,559 | +€16,558 | +7,199,252% |
| Financial charges | 65/66B | €13,934 | €74,286 | +€60,352 | +433% |
| Recurring financial charges | 65 | €13,934 | €74,286 | +€60,352 | +433% |
| Profit (loss) for the period before taxes | 9903 | €18,020 | €14,081 | -€3,939 | -21.9% |
| Income taxes | 67/77 | €7,808 | €6,900 | -€909 | -11.6% |
| Profit (loss) for the period | 9904 | €10,212 | €7,181 | -€3,031 | -29.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,212 | €7,181 | -€3,031 | -29.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.