VAN TOREN: 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 TOREN
Largest movements
- Receivables within one year +€66,838
up €66,838 (+138.9%), from €48,107 to €114,945
of which Trade receivables: +€66,285
- Cash +€19,375
up €19,375 (+1581.0%), from €1,226 to €20,600
mainly Trade debts (+€59,362) and Net result for the year (+€25,454)
- Trade debts +€59,362
up €59,362 (+757.6%), from €7,835 to €67,198
- Profit (loss) carried forward +€25,454
up €25,454 (+107.3%), from €23,713 to €49,167
- Purchases and services +€317,377
up €317,377 (+142.2%), from €223,231 to €540,608
- Turnover +€315,453
up €315,453 (+118.9%), from €265,200 to €580,653
- Depreciation -€28,433
down €28,433 (-80.2%), from €35,435 to €7,002
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
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 | €68,039 | €154,755 | +€86,716 | +127.4% |
| Fixed assets | 21/28 | €18,707 | €19,209 | +€502 | +2.7% |
| Tangible fixed assets | 22/27 | €17,607 | €17,699 | +€92 | +0.5% |
| Plant, machinery and equipment | 23 | €9,280 | €13,211 | +€3,931 | +42.4% |
| Furniture and vehicles | 24 | €8,327 | €4,488 | -€3,839 | -46.1% |
| Financial fixed assets | 28 | €1,100 | €1,510 | +€410 | +37.3% |
| Current assets | 29/58 | €49,332 | €135,546 | +€86,213 | +174.8% |
| Amounts receivable within one year | 40/41 | €48,107 | €114,945 | +€66,838 | +138.9% |
| Trade receivables | 40 | €35,036 | €101,321 | +€66,285 | +189.2% |
| Other amounts receivable | 41 | €13,071 | €13,624 | +€553 | +4.2% |
| Cash at bank and in hand | 54/58 | €1,226 | €20,600 | +€19,375 | +1581.0% |
| Total equity and liabilities | 10/49 | €68,039 | €154,755 | +€86,716 | +127.4% |
| Equity | 10/15 | €26,713 | €52,167 | +€25,454 | +95.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,713 | €49,167 | +€25,454 | +107.3% |
| Amounts payable | 17/49 | €41,326 | €102,587 | +€61,261 | +148.2% |
| Amounts payable within one year | 42/48 | €41,326 | €102,587 | +€61,261 | +148.2% |
| Trade debts | 44 | €7,835 | €67,198 | +€59,362 | +757.6% |
| Suppliers | 440/4 | €7,835 | €67,198 | +€59,362 | +757.6% |
| Taxes, remuneration and social security | 45 | €13,491 | €14,723 | +€1,233 | +9.1% |
| Taxes | 450/3 | €13,491 | €14,723 | +€1,233 | +9.1% |
| Other amounts payable | 47/48 | €20,000 | €20,667 | +€667 | +3.3% |
| Turnover | 70 | €265,200 | €580,653 | +€315,453 | +118.9% |
| Non-recurring operating income | 76A | €2,186 | - | -€2,186 | |
| Goods, raw materials, services and sundry goods | 60/61 | €223,231 | €540,608 | +€317,377 | +142.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,435 | €7,002 | -€28,433 | -80.2% |
| Other operating charges | 640/8 | €167 | €2,720 | +€2,553 | +1527.4% |
| Gross operating margin | 9900 | €44,155 | €40,044 | -€4,110 | -9.3% |
| Operating profit (loss) | 9901 | €8,553 | €30,323 | +€21,770 | +254.5% |
| Financial income | 75/76B | €1 | €172 | +€171 | +27569.4% |
| Recurring financial income | 75 | €1 | €172 | +€171 | +27569.4% |
| Financial charges | 65/66B | €161 | €251 | +€90 | +56.2% |
| Recurring financial charges | 65 | €161 | €251 | +€90 | +56.2% |
| Profit (loss) for the period before taxes | 9903 | €8,393 | €30,244 | +€21,851 | +260.4% |
| Income taxes | 67/77 | €1,679 | €4,789 | +€3,111 | +185.3% |
| Profit (loss) for the period | 9904 | €6,714 | €25,454 | +€18,740 | +279.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,714 | €25,454 | +€18,740 | +279.1% |
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 8 October 2026 via checked.be.