VAN VAERENBERGH SERVICES: 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 VAERENBERGH SERVICES
Largest movements
- Cash +€276,837
up €276,837 (+166%), from €166,375 to €443,212
mainly Depreciation (+€672,701) and Net result for the year (+€273,230)
- Tangible fixed assets +€276,655
up €276,655 (+9.2%), from €3.0m to €3.3m
of which Furniture and vehicles: +€276,655
- Stocks and contracts -€74,764
down €74,764 (-5.6%), from €1.3m to €1.3m
- Profit (loss) carried forward +€273,230
up €273,230 (+75.4%), from €362,290 to €635,519
- Accrued charges and deferred income +€155,889
up €155,889 (+418%), from €37,316 to €193,205
- Other debts +€98,003
up €98,003 (+2.3%), from €4.2m to €4.3m
- Depreciation -€101,854
down €101,854 (-13.1%), from €774,554 to €672,701
- Other operating charges -€96,320
down €96,320 (-68.9%), from €139,805 to €43,486
- Taxes +€77,923
up €77,923 (+954%), from €8,167 to €86,090
- Gross operating margin +€52,897
up €52,897 (+5.2%), from €1.0m to €1.1m
- Write-downs -€25,055
down €25,055, from €22,233 to -€2,822
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 | €4,626,091 | €5,110,554 | +€484,464 | +10.5% |
| Fixed assets | 21/28 | €3,014,665 | €3,291,320 | +€276,655 | +9.2% |
| Tangible fixed assets | 22/27 | €3,014,665 | €3,291,320 | +€276,655 | +9.2% |
| Land and buildings | 22 | €0 | - | -€0 | |
| Furniture and vehicles | 24 | €3,014,665 | €3,291,320 | +€276,655 | +9.2% |
| Current assets | 29/58 | €1,611,426 | €1,819,234 | +€207,808 | +12.9% |
| Stocks and contracts in progress | 3 | €1,332,259 | €1,257,495 | -€74,764 | -5.6% |
| Stocks | 30/36 | €1,332,259 | €1,257,495 | -€74,764 | -5.6% |
| Amounts receivable within one year | 40/41 | €4,132 | €31,351 | +€27,218 | +659% |
| Trade receivables | 40 | - | €21,308 | +€21,308 | |
| Other amounts receivable | 41 | €4,132 | €10,042 | +€5,910 | +143% |
| Cash at bank and in hand | 54/58 | €166,375 | €443,212 | +€276,837 | +166% |
| Deferred charges and accrued income | 490/1 | €108,659 | €87,176 | -€21,483 | -19.8% |
| Total equity and liabilities | 10/49 | €4,626,091 | €5,110,554 | +€484,464 | +10.5% |
| Equity | 10/15 | €365,290 | €638,519 | +€273,230 | +74.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €362,290 | €635,519 | +€273,230 | +75.4% |
| Amounts payable | 17/49 | €4,260,801 | €4,472,035 | +€211,234 | +5.0% |
| Amounts payable within one year | 42/48 | €4,223,485 | €4,278,830 | +€55,345 | +1.3% |
| Trade debts | 44 | €42,691 | €8,199 | -€34,492 | -80.8% |
| Suppliers | 440/4 | €42,691 | €8,199 | -€34,492 | -80.8% |
| Taxes, remuneration and social security | 45 | €8,167 | - | -€8,167 | |
| Taxes | 450/3 | €8,167 | - | -€8,167 | |
| Other amounts payable | 47/48 | €4,172,627 | €4,270,631 | +€98,003 | +2.3% |
| Accrued charges and deferred income | 492/3 | €37,316 | €193,205 | +€155,889 | +418% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €774,554 | €672,701 | -€101,854 | -13.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €22,233 | -€2,822 | -€25,055 | |
| Other operating charges | 640/8 | €139,805 | €43,486 | -€96,320 | -68.9% |
| Gross operating margin | 9900 | €1,020,008 | €1,072,905 | +€52,897 | +5.2% |
| Operating profit (loss) | 9901 | €83,415 | €359,541 | +€276,125 | +331% |
| Financial income | 75/76B | €7 | €419 | +€412 | +5,735% |
| Recurring financial income | 75 | €7 | €419 | +€412 | +5,735% |
| Financial charges | 65/66B | €625 | €640 | +€15 | +2.4% |
| Recurring financial charges | 65 | €625 | €640 | +€15 | +2.4% |
| Profit (loss) for the period before taxes | 9903 | €82,797 | €359,319 | +€276,522 | +334% |
| Income taxes | 67/77 | €8,167 | €86,090 | +€77,923 | +954% |
| Profit (loss) for the period | 9904 | €74,631 | €273,230 | +€198,599 | +266% |
| Profit (loss) for the period to be appropriated | 9905 | €74,631 | €273,230 | +€198,599 | +266% |
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 31 October 2026 via checked.be.