VAN GILS: 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 GILS
Largest movements
- Tangible fixed assets +€11,348
up €11,348 (+2.8%), from €407,403 to €418,751
of which Furniture and vehicles: +€19,342
- Reserves +€28,083
up €28,083 (+7.3%), from €382,558 to €410,641
- Debts after one year -€18,240
down €18,240 (-12.5%), from €145,488 to €127,248
- Gross operating margin -€8,727
down €8,727 (-11.5%), from €76,199 to €67,472
- Taxes -€2,735
down €2,735 (-19.1%), from €14,320 to €11,584
- Depreciation +€1,083
up €1,083 (+5.5%), from €19,545 to €20,628
- Financial charges +€1,037
up €1,037 (+18.0%), from €5,765 to €6,802
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 | €629,347 | €641,631 | +€12,284 | +2.0% |
| Fixed assets | 21/28 | €407,403 | €418,751 | +€11,348 | +2.8% |
| Tangible fixed assets | 22/27 | €407,403 | €418,751 | +€11,348 | +2.8% |
| Land and buildings | 22 | €316,551 | €304,370 | -€12,182 | -3.8% |
| Furniture and vehicles | 24 | - | €19,342 | +€19,342 | |
| Other tangible fixed assets | 26 | €90,851 | €95,039 | +€4,188 | +4.6% |
| Current assets | 29/58 | €221,945 | €222,880 | +€936 | +0.4% |
| Amounts receivable within one year | 40/41 | €174,885 | €170,037 | -€4,848 | -2.8% |
| Trade receivables | 40 | €16,523 | €18,295 | +€1,772 | +10.7% |
| Other amounts receivable | 41 | €158,363 | €151,742 | -€6,621 | -4.2% |
| Cash at bank and in hand | 54/58 | €46,467 | €52,018 | +€5,551 | +11.9% |
| Deferred charges and accrued income | 490/1 | €592 | €825 | +€232 | +39.2% |
| Total equity and liabilities | 10/49 | €629,347 | €641,631 | +€12,284 | +2.0% |
| Equity | 10/15 | €401,158 | €429,241 | +€28,083 | +7.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €382,558 | €410,641 | +€28,083 | +7.3% |
| Distributable reserves | 133 | €382,558 | €410,641 | +€28,083 | +7.3% |
| Amounts payable | 17/49 | €228,189 | €212,390 | -€15,800 | -6.9% |
| Amounts payable after more than one year | 17 | €145,488 | €127,248 | -€18,240 | -12.5% |
| Financial debts | 170/4 | €145,488 | €127,248 | -€18,240 | -12.5% |
| Amounts payable within one year | 42/48 | €78,589 | €80,071 | +€1,482 | +1.9% |
| Current portion of amounts payable after more than one year | 42 | €18,633 | €18,240 | -€392 | -2.1% |
| Trade debts | 44 | €4,770 | €5,379 | +€609 | +12.8% |
| Suppliers | 440/4 | €4,770 | €5,379 | +€609 | +12.8% |
| Taxes, remuneration and social security | 45 | €20,816 | €18,909 | -€1,907 | -9.2% |
| Taxes | 450/3 | €20,816 | €18,909 | -€1,907 | -9.2% |
| Other amounts payable | 47/48 | €34,370 | €37,542 | +€3,172 | +9.2% |
| Accrued charges and deferred income | 492/3 | €4,113 | €5,071 | +€958 | +23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,545 | €20,628 | +€1,083 | +5.5% |
| Other operating charges | 640/8 | €2,430 | €2,579 | +€148 | +6.1% |
| Gross operating margin | 9900 | €76,199 | €67,472 | -€8,727 | -11.5% |
| Operating profit (loss) | 9901 | €54,225 | €44,265 | -€9,959 | -18.4% |
| Financial income | 75/76B | €2,077 | €2,204 | +€127 | +6.1% |
| Recurring financial income | 75 | €2,077 | €2,204 | +€127 | +6.1% |
| Financial charges | 65/66B | €5,765 | €6,802 | +€1,037 | +18.0% |
| Recurring financial charges | 65 | €5,765 | €6,802 | +€1,037 | +18.0% |
| Profit (loss) for the period before taxes | 9903 | €50,537 | €39,668 | -€10,870 | -21.5% |
| Income taxes | 67/77 | €14,320 | €11,584 | -€2,735 | -19.1% |
| Profit (loss) for the period | 9904 | €36,218 | €28,083 | -€8,134 | -22.5% |
| Profit (loss) for the period to be appropriated | 9905 | €36,218 | €28,083 | -€8,134 | -22.5% |
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 27 October 2026 via checked.be.