Van Ver & Zonen: 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 Ver & Zonen
Largest movements
- Financial fixed assets +€189,000
up €189,000 (+5,040%), from €3,750 to €192,750
- Current investments -€85,000
no longer reported in 2025 (was €85,000)
- Receivables after one year -€19,685
down €19,685 (-18.7%), from €105,486 to €85,801
- Cash -€16,028
down €16,028 (-7.7%), from €208,705 to €192,677
mainly Investment in fixed assets (net) (-€191,999) and Contributions, distributions and other (-€26,740)
- Receivables within one year +€15,368
up €15,368 (+79.0%), from €19,460 to €34,828
- Debts after one year +€73,243
up €73,243 (+83.1%), from €88,123 to €161,366
- Profit (loss) carried forward +€63,669
up €63,669 (+159%), from €40,050 to €103,718
- Reserves -€26,740
down €26,740 (-12.8%), from €208,378 to €181,638
of which Distributable reserves: -€26,740
- Current portion of long-term debt -€21,699
down €21,699 (-44.8%), from €48,455 to €26,757
- Gross operating margin +€58,387
up €58,387 (+169%), from €34,593 to €92,979
- Taxes +€25,412
up €25,412 (+8,013%), from €317 to €25,729
- Staff costs +€3,380
new in 2025: €3,380
- Financial income +€2,846
up €2,846 (+115%), from €2,476 to €5,321
- Financial charges -€1,145
down €1,145 (-24.7%), from €4,634 to €3,489
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 | €422,624 | €509,024 | +€86,401 | +20.4% |
| Fixed assets | 21/28 | €3,973 | €195,718 | +€191,745 | +4,827% |
| Tangible fixed assets | 22/27 | €223 | €2,968 | +€2,745 | +1,233% |
| Plant, machinery and equipment | 23 | €223 | - | -€223 | |
| Furniture and vehicles | 24 | - | €2,968 | +€2,968 | |
| Financial fixed assets | 28 | €3,750 | €192,750 | +€189,000 | +5,040% |
| Current assets | 29/58 | €418,651 | €313,306 | -€105,345 | -25.2% |
| Amounts receivable after more than one year | 29 | €105,486 | €85,801 | -€19,685 | -18.7% |
| Other amounts receivable | 291 | €105,486 | €85,801 | -€19,685 | -18.7% |
| Amounts receivable within one year | 40/41 | €19,460 | €34,828 | +€15,368 | +79.0% |
| Other amounts receivable | 41 | €19,460 | €34,828 | +€15,368 | +79.0% |
| Current investments | 50/53 | €85,000 | - | -€85,000 | |
| Cash at bank and in hand | 54/58 | €208,705 | €192,677 | -€16,028 | -7.7% |
| Total equity and liabilities | 10/49 | €422,624 | €509,024 | +€86,401 | +20.4% |
| Equity | 10/15 | €254,628 | €291,556 | +€36,929 | +14.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €208,378 | €181,638 | -€26,740 | -12.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €206,518 | €179,778 | -€26,740 | -12.9% |
| Profit (loss) carried forward | 14 | €40,050 | €103,718 | +€63,669 | +159% |
| Amounts payable | 17/49 | €167,996 | €217,468 | +€49,472 | +29.4% |
| Amounts payable after more than one year | 17 | €88,123 | €161,366 | +€73,243 | +83.1% |
| Financial debts | 170/4 | €88,123 | €161,366 | +€73,243 | +83.1% |
| Amounts payable within one year | 42/48 | €79,567 | €56,102 | -€23,465 | -29.5% |
| Current portion of amounts payable after more than one year | 42 | €48,455 | €26,757 | -€21,699 | -44.8% |
| Trade debts | 44 | €812 | €305 | -€507 | -62.4% |
| Suppliers | 440/4 | €812 | €305 | -€507 | -62.4% |
| Taxes, remuneration and social security | 45 | €300 | €4,038 | +€3,738 | +1,246% |
| Taxes | 450/3 | €300 | €4,038 | +€3,738 | +1,246% |
| Other amounts payable | 47/48 | €29,999 | €25,002 | -€4,998 | -16.7% |
| Accrued charges and deferred income | 492/3 | €306 | - | -€306 | |
| Remuneration, social security and pensions | 62 | - | €3,380 | +€3,380 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €353 | €254 | -€99 | -28.2% |
| Other operating charges | 640/8 | €1,764 | €1,780 | +€15 | +0.9% |
| Gross operating margin | 9900 | €34,593 | €92,979 | +€58,387 | +169% |
| Operating profit (loss) | 9901 | €32,475 | €87,566 | +€55,091 | +170% |
| Financial income | 75/76B | €2,476 | €5,321 | +€2,846 | +115% |
| Recurring financial income | 75 | €2,476 | €5,321 | +€2,846 | +115% |
| Financial charges | 65/66B | €4,634 | €3,489 | -€1,145 | -24.7% |
| Recurring financial charges | 65 | €4,634 | €3,489 | -€1,145 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €30,317 | €89,398 | +€59,081 | +195% |
| Income taxes | 67/77 | €317 | €25,729 | +€25,412 | +8,013% |
| Profit (loss) for the period | 9904 | €29,999 | €63,669 | +€33,669 | +112% |
| Profit (loss) for the period to be appropriated | 9905 | €29,999 | €63,669 | +€33,669 | +112% |
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 1 November 2026 via checked.be.