VAN-RO-BO: 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-RO-BO
Largest movements
- Cash +€3,594
up €3,594 (+28.8%), from €12,476 to €16,071
mainly Net result for the year (+€2,546) and Receivables within one year (+€1,067)
- Receivables within one year -€1,067
down €1,067 (-5.8%), from €18,522 to €17,455
of which Trade receivables: -€780
- Profit (loss) carried forward +€2,546
up €2,546 (+71.8%), from €3,544 to €6,090
- Trade debts -€1,184
down €1,184 (-92.0%), from €1,287 to €104
- Other debts +€1,008
up €1,008 (+93.7%), from €1,076 to €2,084
- Gross operating margin +€10,143
up €10,143, from -€7,506 to €2,638
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 | €31,233 | €33,603 | +€2,370 | +7.6% |
| Current assets | 29/58 | €31,233 | €33,603 | +€2,370 | +7.6% |
| Amounts receivable within one year | 40/41 | €18,522 | €17,455 | -€1,067 | -5.8% |
| Trade receivables | 40 | €18,167 | €17,387 | -€780 | -4.3% |
| Other amounts receivable | 41 | €355 | €68 | -€286 | -80.7% |
| Cash at bank and in hand | 54/58 | €12,476 | €16,071 | +€3,594 | +28.8% |
| Deferred charges and accrued income | 490/1 | €234 | €76 | -€157 | -67.3% |
| Total equity and liabilities | 10/49 | €31,233 | €33,603 | +€2,370 | +7.6% |
| Equity | 10/15 | €28,869 | €31,415 | +€2,546 | +8.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €19,125 | €19,125 | = | 0.0% |
| Distributable reserves | 133 | €19,125 | €19,125 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,544 | €6,090 | +€2,546 | +71.8% |
| Amounts payable | 17/49 | €2,363 | €2,187 | -€176 | -7.4% |
| Amounts payable within one year | 42/48 | €2,363 | €2,187 | -€176 | -7.4% |
| Trade debts | 44 | €1,287 | €104 | -€1,184 | -92.0% |
| Suppliers | 440/4 | €1,287 | €104 | -€1,184 | -92.0% |
| Other amounts payable | 47/48 | €1,076 | €2,084 | +€1,008 | +93.7% |
| Non-recurring operating income | 76A | - | €6,343 | +€6,343 | |
| Other operating charges | 640/8 | €98 | €26 | -€71 | -72.9% |
| Gross operating margin | 9900 | -€7,506 | €2,638 | +€10,143 | |
| Operating profit (loss) | 9901 | -€7,603 | €2,611 | +€10,215 | |
| Financial charges | 65/66B | €109 | €65 | -€44 | -40.0% |
| Recurring financial charges | 65 | €109 | €65 | -€44 | -40.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,712 | €2,546 | +€10,258 | |
| Profit (loss) for the period | 9904 | -€7,712 | €2,546 | +€10,258 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,712 | €2,546 | +€10,258 |
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 17 October 2026 via checked.be.