Van Roey - Van Roy: 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 Roey - Van Roy
Largest movements
- Cash -€10,957
down €10,957 (-35.1%), from €31,185 to €20,228
mainly Contributions, distributions and other (-€34,256) and Current portion of long-term debt (-€9,881)
- Tangible fixed assets -€10,094
down €10,094 (-4.8%), from €210,827 to €200,733
of which Land and buildings: -€8,221
- Receivables within one year +€9,486
up €9,486 (+1,637%), from €580 to €10,065
of which Other amounts receivable: +€7,041
- Other debts +€28,101
up €28,101 (+132%), from €21,250 to €49,350
- Reserves -€26,564
down €26,564 (-77.5%), from €34,256 to €7,692
- Current portion of long-term debt -€9,881
no longer reported in 2025 (was €9,881)
- Trade debts -€3,081
down €3,081 (-93.1%), from €3,310 to €229
- Gross operating margin -€19,169
down €19,169 (-40.5%), from €47,348 to €28,179
- Taxes -€3,041
down €3,041 (-56.1%), from €5,420 to €2,380
- Depreciation -€991
down €991 (-7.8%), from €12,658 to €11,667
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 | €244,998 | €233,519 | -€11,479 | -4.7% |
| Fixed assets | 21/28 | €210,827 | €200,733 | -€10,094 | -4.8% |
| Tangible fixed assets | 22/27 | €210,827 | €200,733 | -€10,094 | -4.8% |
| Land and buildings | 22 | €208,423 | €200,202 | -€8,221 | -3.9% |
| Plant, machinery and equipment | 23 | €798 | €0 | -€798 | -100% |
| Furniture and vehicles | 24 | €1,607 | €531 | -€1,076 | -67.0% |
| Current assets | 29/58 | €34,171 | €32,786 | -€1,385 | -4.1% |
| Amounts receivable within one year | 40/41 | €580 | €10,065 | +€9,486 | +1,637% |
| Trade receivables | 40 | - | €2,445 | +€2,445 | |
| Other amounts receivable | 41 | €580 | €7,620 | +€7,041 | +1,215% |
| Cash at bank and in hand | 54/58 | €31,185 | €20,228 | -€10,957 | -35.1% |
| Deferred charges and accrued income | 490/1 | €2,407 | €2,492 | +€86 | +3.6% |
| Total equity and liabilities | 10/49 | €244,998 | €233,519 | -€11,479 | -4.7% |
| Equity | 10/15 | €37,256 | €10,692 | -€26,564 | -71.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €34,256 | €7,692 | -€26,564 | -77.5% |
| Distributable reserves | 133 | €34,256 | €7,692 | -€26,564 | -77.5% |
| Amounts payable | 17/49 | €207,743 | €222,827 | +€15,084 | +7.3% |
| Amounts payable after more than one year | 17 | €173,248 | €173,248 | = | 0.0% |
| Financial debts | 170/4 | €173,248 | €173,248 | = | 0.0% |
| Amounts payable within one year | 42/48 | €34,494 | €49,579 | +€15,084 | +43.7% |
| Current portion of amounts payable after more than one year | 42 | €9,881 | - | -€9,881 | |
| Trade debts | 44 | €3,310 | €229 | -€3,081 | -93.1% |
| Suppliers | 440/4 | €3,310 | €229 | -€3,081 | -93.1% |
| Taxes, remuneration and social security | 45 | €54 | - | -€54 | |
| Remuneration and social security | 454/9 | €54 | - | -€54 | |
| Other amounts payable | 47/48 | €21,250 | €49,350 | +€28,101 | +132% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,658 | €11,667 | -€991 | -7.8% |
| Other operating charges | 640/8 | €657 | €923 | +€266 | +40.5% |
| Gross operating margin | 9900 | €47,348 | €28,179 | -€19,169 | -40.5% |
| Operating profit (loss) | 9901 | €34,033 | €15,589 | -€18,444 | -54.2% |
| Financial income | 75/76B | €0 | €71 | +€71 | +355,850% |
| Recurring financial income | 75 | €0 | €71 | +€71 | +355,850% |
| Financial charges | 65/66B | €5,869 | €5,589 | -€280 | -4.8% |
| Recurring financial charges | 65 | €5,869 | €5,589 | -€280 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €28,164 | €10,071 | -€18,092 | -64.2% |
| Income taxes | 67/77 | €5,420 | €2,380 | -€3,041 | -56.1% |
| Profit (loss) for the period | 9904 | €22,743 | €7,692 | -€15,052 | -66.2% |
| Profit (loss) for the period to be appropriated | 9905 | €22,743 | €7,692 | -€15,052 | -66.2% |
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.