VAN REET: what changed
Two fiscal 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 REET
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts -€41,124
down €41,124 (-61.9%), from €66,411 to €25,287
- Profit (loss) carried forward +€32,451
up €32,451 (+7.0%), from -€462,638 to -€430,187
- Short-term financial debts +€8,631
up €8,631 (+9.2%), from €94,046 to €102,677
- Financial income +€46,220
new in 2025: €46,220
- Gross operating margin -€1,596
down €1,596 (-121.3%), from -€1,316 to -€2,912
- Other operating charges -€380
down €380 (-48.8%), from €780 to €400
- Financial charges -€121
down €121 (-1.1%), from €10,579 to €10,457
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €270,000 | €270,000 | = | 0.0% |
| Fixed assets | 21/28 | €270,000 | €270,000 | = | 0.0% |
| Financial fixed assets | 28 | €270,000 | €270,000 | = | 0.0% |
| Total equity and liabilities | 10/49 | €270,000 | €270,000 | = | 0.0% |
| Equity | 10/15 | €5,543 | €37,994 | +€32,451 | +585.5% |
| Contributions | 10/11 | €317,304 | €317,304 | = | 0.0% |
| Capital | 10 | €317,304 | €317,304 | = | 0.0% |
| Issued capital | 100 | €317,304 | €317,304 | = | 0.0% |
| Reserves | 13 | €150,877 | €150,877 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,330 | €20,330 | = | 0.0% |
| Legal reserve | 130 | €20,330 | €20,330 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €111,797 | €111,797 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€462,638 | -€430,187 | +€32,451 | +7.0% |
| Amounts payable | 17/49 | €264,457 | €232,006 | -€32,451 | -12.3% |
| Amounts payable after more than one year | 17 | €104,000 | €104,000 | = | 0.0% |
| Financial debts | 170/4 | €104,000 | €104,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €160,457 | €128,006 | -€32,451 | -20.2% |
| Financial debts | 43 | €94,046 | €102,677 | +€8,631 | +9.2% |
| Credit institutions | 430/8 | €94,046 | €102,677 | +€8,631 | +9.2% |
| Trade debts | 44 | - | €42 | +€42 | |
| Suppliers | 440/4 | - | €42 | +€42 | |
| Other amounts payable | 47/48 | €66,411 | €25,287 | -€41,124 | -61.9% |
| Other operating charges | 640/8 | €780 | €400 | -€380 | -48.8% |
| Gross operating margin | 9900 | -€1,316 | -€2,912 | -€1,596 | -121.3% |
| Operating profit (loss) | 9901 | -€2,096 | -€3,311 | -€1,215 | -58.0% |
| Financial income | 75/76B | - | €46,220 | +€46,220 | |
| Recurring financial income | 75 | - | €46,220 | +€46,220 | |
| Financial charges | 65/66B | €10,579 | €10,457 | -€121 | -1.1% |
| Recurring financial charges | 65 | €10,579 | €10,457 | -€121 | -1.1% |
| Profit (loss) for the period before taxes | 9903 | -€12,675 | €32,451 | +€45,126 | |
| Profit (loss) for the period | 9904 | -€12,675 | €32,451 | +€45,126 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,675 | €32,451 | +€45,126 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.