VAN ROSSEM: 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 ROSSEM
Largest movements
- Cash +€118,244
up €118,244 (+271.9%), from €43,486 to €161,731
mainly Trade debts (+€218,161) and Depreciation (+€69,902)
- Tangible fixed assets -€59,071
down €59,071 (-15.1%), from €391,282 to €332,212
of which Land and buildings: -€58,287
- Receivables within one year -€32,569
down €32,569 (-4.1%), from €786,985 to €754,416
of which Trade receivables: -€54,431
- Trade debts +€218,161
up €218,161 (+37.1%), from €587,732 to €805,893
- Debts after one year -€75,030
down €75,030 (-13.1%), from €573,617 to €498,587
of which Financial debts: -€75,030
- Current portion of long-term debt -€60,991
down €60,991 (-44.8%), from €136,021 to €75,030
- Tax, wage and social debts -€22,734
down €22,734 (-28.7%), from €79,228 to €56,494
of which Remuneration and social security: -€12,834
- Gross operating margin -€194,176
down €194,176 (-32.0%), from €606,896 to €412,720
- Staff costs -€73,564
down €73,564 (-18.1%), from €405,644 to €332,080
- Write-downs -€45,065
down €45,065, from €20,277 to -€24,788
- Other operating charges +€23,927
up €23,927 (+97.5%), from €24,535 to €48,462
- Taxes -€22,582
no longer reported in 2024 (was €22,582)
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.
Cash bridge derived
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 | €2,154,099 | €2,193,285 | +€39,186 | +1.8% |
| Fixed assets | 21/28 | €394,658 | €335,587 | -€59,071 | -15.0% |
| Tangible fixed assets | 22/27 | €391,282 | €332,212 | -€59,071 | -15.1% |
| Land and buildings | 22 | €320,012 | €261,725 | -€58,287 | -18.2% |
| Plant, machinery and equipment | 23 | €13,229 | €19,164 | +€5,935 | +44.9% |
| Furniture and vehicles | 24 | €1,458 | €1,747 | +€289 | +19.8% |
| Leasing and similar rights | 25 | €55,798 | €49,575 | -€6,223 | -11.2% |
| Other tangible fixed assets | 26 | €785 | - | -€785 | |
| Financial fixed assets | 28 | €3,376 | €3,376 | = | 0.0% |
| Current assets | 29/58 | €1,759,441 | €1,857,697 | +€98,257 | +5.6% |
| Amounts receivable after more than one year | 29 | €448,733 | €448,733 | = | 0.0% |
| Other amounts receivable | 291 | €448,733 | €448,733 | = | 0.0% |
| Stocks and contracts in progress | 3 | €440,004 | €458,296 | +€18,292 | +4.2% |
| Stocks | 30/36 | €440,004 | €458,296 | +€18,292 | +4.2% |
| Amounts receivable within one year | 40/41 | €786,985 | €754,416 | -€32,569 | -4.1% |
| Trade receivables | 40 | €736,213 | €681,781 | -€54,431 | -7.4% |
| Other amounts receivable | 41 | €50,772 | €72,635 | +€21,863 | +43.1% |
| Cash at bank and in hand | 54/58 | €43,486 | €161,731 | +€118,244 | +271.9% |
| Deferred charges and accrued income | 490/1 | €40,232 | €34,521 | -€5,711 | -14.2% |
| Total equity and liabilities | 10/49 | €2,154,099 | €2,193,285 | +€39,186 | +1.8% |
| Equity | 10/15 | €742,690 | €721,911 | -€20,779 | -2.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €724,090 | €703,311 | -€20,779 | -2.9% |
| Tax-exempt reserves | 132 | €699 | €699 | = | 0.0% |
| Distributable reserves | 133 | €723,391 | €702,611 | -€20,779 | -2.9% |
| Amounts payable | 17/49 | €1,411,409 | €1,471,374 | +€59,965 | +4.2% |
| Amounts payable after more than one year | 17 | €573,617 | €498,587 | -€75,030 | -13.1% |
| Financial debts | 170/4 | €281,412 | €206,382 | -€75,030 | -26.7% |
| Other amounts payable | 178/9 | €292,205 | €292,205 | = | 0.0% |
| Amounts payable within one year | 42/48 | €818,710 | €953,147 | +€134,437 | +16.4% |
| Current portion of amounts payable after more than one year | 42 | €136,021 | €75,030 | -€60,991 | -44.8% |
| Financial debts | 43 | €15,407 | €15,407 | = | 0.0% |
| Credit institutions | 430/8 | €15,407 | €15,407 | = | 0.0% |
| Trade debts | 44 | €587,732 | €805,893 | +€218,161 | +37.1% |
| Suppliers | 440/4 | €587,732 | €805,893 | +€218,161 | +37.1% |
| Taxes, remuneration and social security | 45 | €79,228 | €56,494 | -€22,734 | -28.7% |
| Taxes | 450/3 | €10,322 | €422 | -€9,900 | -95.9% |
| Remuneration and social security | 454/9 | €68,906 | €56,073 | -€12,834 | -18.6% |
| Other amounts payable | 47/48 | €323 | €323 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €19,081 | €19,640 | +€559 | +2.9% |
| Non-recurring operating income | 76A | €7,500 | - | -€7,500 | |
| Remuneration, social security and pensions | 62 | €405,644 | €332,080 | -€73,564 | -18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,080 | €69,902 | -€3,178 | -4.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €20,277 | -€24,788 | -€45,065 | |
| Other operating charges | 640/8 | €24,535 | €48,462 | +€23,927 | +97.5% |
| Non-recurring operating charges | 66A | - | €728 | +€728 | |
| Gross operating margin | 9900 | €606,896 | €412,720 | -€194,176 | -32.0% |
| Operating profit (loss) | 9901 | €83,361 | -€13,663 | -€97,024 | |
| Financial income | 75/76B | €27,932 | €23,602 | -€4,330 | -15.5% |
| Recurring financial income | 75 | €27,932 | €23,602 | -€4,330 | -15.5% |
| Financial charges | 65/66B | €38,476 | €30,719 | -€7,757 | -20.2% |
| Recurring financial charges | 65 | €38,476 | €30,719 | -€7,757 | -20.2% |
| Profit (loss) for the period before taxes | 9903 | €72,818 | -€20,779 | -€93,597 | |
| Income taxes | 67/77 | €22,582 | - | -€22,582 | |
| Profit (loss) for the period | 9904 | €50,236 | -€20,779 | -€71,015 | |
| Profit (loss) for the period to be appropriated | 9905 | €50,236 | -€20,779 | -€71,015 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.