VANLOOVEREN: 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.
VANLOOVEREN
Largest movements
- Tangible fixed assets +€571,193
up €571,193 (+114.2%), from €500,200 to €1.1m
- Cash -€37,138
down €37,138 (-74.3%), from €50,006 to €12,868
mainly Investment in fixed assets (net) (-€629,611) and Trade debts (-€83,389)
- Receivables within one year -€28,208
down €28,208 (-65.1%), from €43,318 to €15,110
of which Trade receivables: -€28,208
- Other debts +€359,592
up €359,592 (+396.8%), from €90,623 to €450,216
- Debts after one year +€331,592
up €331,592 (+92.7%), from €357,653 to €689,245
- Trade debts -€83,389
down €83,389 (-47.9%), from €173,923 to €90,534
- Profit (loss) carried forward -€64,797
down €64,797, from €50,352 to -€14,445
- Current portion of long-term debt -€20,258
down €20,258 (-36.6%), from €55,296 to €35,038
- Depreciation +€36,018
up €36,018 (+160.8%), from €22,400 to €58,418
- Gross operating margin -€29,763
down €29,763 (-77.7%), from €38,309 to €8,546
- Financial charges +€8,447
up €8,447 (+234.5%), from €3,602 to €12,048
- Other operating charges +€668
up €668 (+29.8%), from €2,244 to €2,911
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 | €753,137 | €1,270,684 | +€517,548 | +68.7% |
| Fixed assets | 21/28 | €500,200 | €1,071,393 | +€571,193 | +114.2% |
| Tangible fixed assets | 22/27 | €500,200 | €1,071,393 | +€571,193 | +114.2% |
| Land and buildings | 22 | €500,200 | €1,071,393 | +€571,193 | +114.2% |
| Current assets | 29/58 | €252,937 | €199,291 | -€53,645 | -21.2% |
| Stocks and contracts in progress | 3 | €159,612 | €171,312 | +€11,700 | +7.3% |
| Stocks | 30/36 | €159,612 | €171,312 | +€11,700 | +7.3% |
| Amounts receivable within one year | 40/41 | €43,318 | €15,110 | -€28,208 | -65.1% |
| Trade receivables | 40 | €42,796 | €14,589 | -€28,208 | -65.9% |
| Other amounts receivable | 41 | €522 | €522 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €50,006 | €12,868 | -€37,138 | -74.3% |
| Total equity and liabilities | 10/49 | €753,137 | €1,270,684 | +€517,548 | +68.7% |
| Equity | 10/15 | €52,852 | -€11,945 | -€64,797 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,352 | -€14,445 | -€64,797 | |
| Amounts payable | 17/49 | €700,285 | €1,282,629 | +€582,344 | +83.2% |
| Amounts payable after more than one year | 17 | €357,653 | €689,245 | +€331,592 | +92.7% |
| Financial debts | 170/4 | €357,653 | €689,245 | +€331,592 | +92.7% |
| Amounts payable within one year | 42/48 | €342,632 | €593,384 | +€250,753 | +73.2% |
| Current portion of amounts payable after more than one year | 42 | €55,296 | €35,038 | -€20,258 | -36.6% |
| Trade debts | 44 | €173,923 | €90,534 | -€83,389 | -47.9% |
| Suppliers | 440/4 | €173,923 | €90,534 | -€83,389 | -47.9% |
| Advances received on contracts in progress | 46 | €17,500 | €17,500 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €5,289 | €97 | -€5,192 | -98.2% |
| Taxes | 450/3 | €5,289 | €97 | -€5,192 | -98.2% |
| Other amounts payable | 47/48 | €90,623 | €450,216 | +€359,592 | +396.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,400 | €58,418 | +€36,018 | +160.8% |
| Other operating charges | 640/8 | €2,244 | €2,911 | +€668 | +29.8% |
| Gross operating margin | 9900 | €38,309 | €8,546 | -€29,763 | -77.7% |
| Operating profit (loss) | 9901 | €13,665 | -€52,783 | -€66,448 | |
| Financial income | 75/76B | - | €34 | +€34 | |
| Recurring financial income | 75 | - | €34 | +€34 | |
| Financial charges | 65/66B | €3,602 | €12,048 | +€8,447 | +234.5% |
| Recurring financial charges | 65 | €3,602 | €12,048 | +€8,447 | +234.5% |
| Profit (loss) for the period before taxes | 9903 | €10,064 | -€64,797 | -€74,861 | |
| Profit (loss) for the period | 9904 | €10,064 | -€64,797 | -€74,861 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,064 | -€64,797 | -€74,861 |
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.