VAN8: 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.
VAN8
Largest movements
- Current investments +€28,126
new in 2024: €28,126
- Receivables within one year -€17,421
down €17,421 (-95.9%), from €18,158 to €736
of which Trade receivables: -€9,224
- Tangible fixed assets -€7,738
down €7,738 (-20.5%), from €37,668 to €29,931
of which Other tangible fixed assets: -€6,385
- Cash -€5,377
no longer reported in 2024 (was €5,377)
mainly Current investments (-€28,126) and Other debts (-€4,461)
- Other debts -€4,461
down €4,461 (-20.8%), from €21,457 to €16,996
- Reserves +€2,200
up €2,200 (+27.0%), from €8,142 to €10,342
of which Distributable reserves: +€2,200
- Trade debts -€1,564
down €1,564 (-44.3%), from €3,528 to €1,964
- Tax, wage and social debts +€1,446
up €1,446 (+9.4%), from €15,351 to €16,797
of which Taxes: +€4,113
- Gross operating margin +€20,500
up €20,500 (+85.1%), from €24,081 to €44,581
- Staff costs -€14,574
down €14,574 (-41.2%), from €35,344 to €20,770
- Financial charges -€1,760
down €1,760 (-28.6%), from €6,161 to €4,401
- Depreciation -€1,181
down €1,181 (-13.2%), from €8,918 to €7,738
- Other operating charges -€606
down €606 (-6.2%), from €9,765 to €9,159
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 | €67,078 | €64,699 | -€2,380 | -3.5% |
| Fixed assets | 21/28 | €40,818 | €33,081 | -€7,738 | -19.0% |
| Tangible fixed assets | 22/27 | €37,668 | €29,931 | -€7,738 | -20.5% |
| Plant, machinery and equipment | 23 | €2,865 | €1,512 | -€1,353 | -47.2% |
| Other tangible fixed assets | 26 | €34,803 | €28,419 | -€6,385 | -18.3% |
| Financial fixed assets | 28 | €3,150 | €3,150 | = | 0.0% |
| Current assets | 29/58 | €26,260 | €31,618 | +€5,358 | +20.4% |
| Amounts receivable within one year | 40/41 | €18,158 | €736 | -€17,421 | -95.9% |
| Trade receivables | 40 | €9,638 | €413 | -€9,224 | -95.7% |
| Other amounts receivable | 41 | €8,520 | €323 | -€8,197 | -96.2% |
| Current investments | 50/53 | - | €28,126 | +€28,126 | |
| Cash at bank and in hand | 54/58 | €5,377 | - | -€5,377 | |
| Deferred charges and accrued income | 490/1 | €2,726 | €2,756 | +€30 | +1.1% |
| Total equity and liabilities | 10/49 | €67,078 | €64,699 | -€2,380 | -3.5% |
| Equity | 10/15 | €26,742 | €28,942 | +€2,200 | +8.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €8,142 | €10,342 | +€2,200 | +27.0% |
| 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 | €6,282 | €8,482 | +€2,200 | +35.0% |
| Amounts payable | 17/49 | €40,336 | €35,757 | -€4,579 | -11.4% |
| Amounts payable within one year | 42/48 | €40,336 | €35,757 | -€4,579 | -11.4% |
| Trade debts | 44 | €3,528 | €1,964 | -€1,564 | -44.3% |
| Suppliers | 440/4 | €3,528 | €1,964 | -€1,564 | -44.3% |
| Taxes, remuneration and social security | 45 | €15,351 | €16,797 | +€1,446 | +9.4% |
| Taxes | 450/3 | €12,684 | €16,797 | +€4,113 | +32.4% |
| Remuneration and social security | 454/9 | €2,667 | - | -€2,667 | |
| Other amounts payable | 47/48 | €21,457 | €16,996 | -€4,461 | -20.8% |
| Remuneration, social security and pensions | 62 | €35,344 | €20,770 | -€14,574 | -41.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,918 | €7,738 | -€1,181 | -13.2% |
| Other operating charges | 640/8 | €9,765 | €9,159 | -€606 | -6.2% |
| Gross operating margin | 9900 | €24,081 | €44,581 | +€20,500 | +85.1% |
| Operating profit (loss) | 9901 | -€29,946 | €6,915 | +€36,861 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €6,161 | €4,401 | -€1,760 | -28.6% |
| Recurring financial charges | 65 | €6,161 | €4,401 | -€1,760 | -28.6% |
| Profit (loss) for the period before taxes | 9903 | -€36,107 | €2,514 | +€38,621 | |
| Income taxes | 67/77 | €329 | €314 | -€15 | -4.5% |
| Profit (loss) for the period | 9904 | -€36,436 | €2,200 | +€38,636 | |
| Profit (loss) for the period to be appropriated | 9905 | -€36,436 | €2,200 | +€38,636 |
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.