VAN RIJN: 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 RIJN
Largest movements
- Deferred charges and accrued income -€11,270
down €11,270 (-99.3%), from €11,352 to €82
- Cash +€8,547
new in 2025: €8,547
mainly Other debts (+€25,518) and Deferred charges and accrued income (+€11,270)
- Tangible fixed assets +€4,307
up €4,307 (+2,077%), from €207 to €4,515
of which Furniture and vehicles: +€4,515
- Stocks and contracts -€1,212
down €1,212 (-2.6%), from €47,343 to €46,131
- Receivables within one year +€809
up €809 (+9.4%), from €8,590 to €9,398
of which Other amounts receivable: +€1,243
- Other debts +€25,518
up €25,518 (+1,678,805%), from €2 to €25,519
- Short-term financial debts -€11,290
no longer reported in 2025 (was €11,290)
- Trade debts -€7,753
down €7,753 (-35.9%), from €21,577 to €13,824
- Reserves -€5,293
down €5,293 (-15.5%), from €34,242 to €28,949
of which Distributable reserves: -€5,293
- Gross operating margin +€6,689
up €6,689 (+95.8%), from -€6,985 to -€296
- Depreciation +€600
up €600 (+104%), from €578 to €1,178
- Other operating charges +€515
up €515 (+71.3%), from €723 to €1,238
- Financial charges -€235
down €235 (-8.7%), from €2,701 to €2,465
- Taxes -€196
no longer reported in 2025 (was €196)
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 | €68,252 | €69,434 | +€1,181 | +1.7% |
| Fixed assets | 21/28 | €957 | €5,265 | +€4,307 | +450% |
| Tangible fixed assets | 22/27 | €207 | €4,515 | +€4,307 | +2,077% |
| Plant, machinery and equipment | 23 | €207 | - | -€207 | |
| Furniture and vehicles | 24 | - | €4,515 | +€4,515 | |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €67,295 | €64,169 | -€3,126 | -4.6% |
| Stocks and contracts in progress | 3 | €47,343 | €46,131 | -€1,212 | -2.6% |
| Stocks | 30/36 | €47,343 | €46,131 | -€1,212 | -2.6% |
| Amounts receivable within one year | 40/41 | €8,590 | €9,398 | +€809 | +9.4% |
| Trade receivables | 40 | €2,803 | €2,369 | -€434 | -15.5% |
| Other amounts receivable | 41 | €5,786 | €7,029 | +€1,243 | +21.5% |
| Current investments | 50/53 | €11 | €11 | = | 0.0% |
| Cash at bank and in hand | 54/58 | - | €8,547 | +€8,547 | |
| Deferred charges and accrued income | 490/1 | €11,352 | €82 | -€11,270 | -99.3% |
| Total equity and liabilities | 10/49 | €68,252 | €69,434 | +€1,181 | +1.7% |
| Equity | 10/15 | €35,384 | €30,090 | -€5,293 | -15.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Contributions outside capital | 11 | €18,592 | €18,592 | = | 0.0% |
| Other | 1109/19 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €34,242 | €28,949 | -€5,293 | -15.5% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €32,383 | €27,090 | -€5,293 | -16.3% |
| Profit (loss) carried forward | 14 | -€17,451 | -€17,451 | = | 0.0% |
| Amounts payable | 17/49 | €32,869 | €39,343 | +€6,475 | +19.7% |
| Amounts payable within one year | 42/48 | €32,869 | €39,343 | +€6,475 | +19.7% |
| Financial debts | 43 | €11,290 | - | -€11,290 | |
| Credit institutions | 430/8 | €11,290 | - | -€11,290 | |
| Trade debts | 44 | €21,577 | €13,824 | -€7,753 | -35.9% |
| Suppliers | 440/4 | €21,577 | €13,824 | -€7,753 | -35.9% |
| Other amounts payable | 47/48 | €2 | €25,519 | +€25,518 | +1,678,805% |
| Remuneration, social security and pensions | 62 | €180 | €161 | -€20 | -10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €578 | €1,178 | +€600 | +104% |
| Other operating charges | 640/8 | €723 | €1,238 | +€515 | +71.3% |
| Gross operating margin | 9900 | -€6,985 | -€296 | +€6,689 | +95.8% |
| Operating profit (loss) | 9901 | -€8,466 | -€2,873 | +€5,593 | +66.1% |
| Financial income | 75/76B | - | €45 | +€45 | |
| Recurring financial income | 75 | - | €45 | +€45 | |
| Financial charges | 65/66B | €2,701 | €2,465 | -€235 | -8.7% |
| Recurring financial charges | 65 | €2,701 | €2,465 | -€235 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | -€11,166 | -€5,293 | +€5,873 | +52.6% |
| Income taxes | 67/77 | €196 | - | -€196 | |
| Profit (loss) for the period | 9904 | -€11,362 | -€5,293 | +€6,069 | +53.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,362 | -€5,293 | +€6,069 | +53.4% |
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 14 October 2026 via checked.be.