VAN & JOHN: 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 & JOHN
Largest movements
- Receivables within one year +€74,532
up €74,532 (+28.9%), from €258,286 to €332,818
of which Other amounts receivable: +€43,315
- Cash +€41,924
up €41,924 (+753%), from €5,567 to €47,490
mainly Trade debts (+€74,978) and Other debts (+€70,298)
- Tangible fixed assets -€23,886
down €23,886 (-35.9%), from €66,619 to €42,733
of which Furniture and vehicles: -€22,777
- Deferred charges and accrued income +€5,343
up €5,343 (+905%), from €590 to €5,934
- Trade debts +€74,978
up €74,978 (+311%), from €24,134 to €99,111
of which Suppliers: +€74,978
- Other debts +€70,298
new in 2025: €70,298
- Profit (loss) carried forward -€69,988
down €69,988 (-35.7%), from €195,850 to €125,861
- Reserves +€33,400
up €33,400 (+103%), from €32,450 to €65,850
- Debts after one year -€18,662
down €18,662 (-33.7%), from €55,386 to €36,724
- Gross operating margin +€54,748
up €54,748 (+126%), from €43,528 to €98,276
- Other operating charges +€20,969
up €20,969 (+4,794%), from €437 to €21,407
- Taxes +€18,552
up €18,552 (+570%), from €3,253 to €21,805
- Financial charges -€11,438
down €11,438 (-70.5%), from €16,230 to €4,792
- Depreciation -€2,873
down €2,873 (-10.0%), from €28,658 to €25,785
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 | €332,042 | €430,056 | +€98,013 | +29.5% |
| Fixed assets | 21/28 | €67,599 | €43,813 | -€23,786 | -35.2% |
| Tangible fixed assets | 22/27 | €66,619 | €42,733 | -€23,886 | -35.9% |
| Plant, machinery and equipment | 23 | €1,482 | €373 | -€1,108 | -74.8% |
| Furniture and vehicles | 24 | €65,137 | €42,360 | -€22,777 | -35.0% |
| Financial fixed assets | 28 | €980 | €1,080 | +€100 | +10.2% |
| Current assets | 29/58 | €264,443 | €386,242 | +€121,799 | +46.1% |
| Amounts receivable within one year | 40/41 | €258,286 | €332,818 | +€74,532 | +28.9% |
| Trade receivables | 40 | €93,699 | €124,917 | +€31,217 | +33.3% |
| Other amounts receivable | 41 | €164,587 | €207,902 | +€43,315 | +26.3% |
| Cash at bank and in hand | 54/58 | €5,567 | €47,490 | +€41,924 | +753% |
| Deferred charges and accrued income | 490/1 | €590 | €5,934 | +€5,343 | +905% |
| Total equity and liabilities | 10/49 | €332,042 | €430,056 | +€98,013 | +29.5% |
| Equity | 10/15 | €228,400 | €191,811 | -€36,588 | -16.0% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €32,450 | €65,850 | +€33,400 | +103% |
| Distributable reserves | 133 | €32,450 | €65,850 | +€33,400 | +103% |
| Profit (loss) carried forward | 14 | €195,850 | €125,861 | -€69,988 | -35.7% |
| Amounts payable | 17/49 | €103,643 | €238,244 | +€134,602 | +130% |
| Amounts payable after more than one year | 17 | €55,386 | €36,724 | -€18,662 | -33.7% |
| Financial debts | 170/4 | €55,386 | €36,724 | -€18,662 | -33.7% |
| Amounts payable within one year | 42/48 | €48,256 | €201,520 | +€153,264 | +318% |
| Current portion of amounts payable after more than one year | 42 | €22,316 | €18,659 | -€3,657 | -16.4% |
| Trade debts | 44 | €24,134 | €99,111 | +€74,978 | +311% |
| Suppliers | 440/4 | €23,474 | €98,451 | +€74,978 | +319% |
| Bills of exchange payable | 441 | €660 | €660 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,806 | €13,452 | +€11,646 | +645% |
| Taxes | 450/3 | €1,806 | €13,452 | +€11,646 | +645% |
| Other amounts payable | 47/48 | - | €70,298 | +€70,298 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,658 | €25,785 | -€2,873 | -10.0% |
| Other operating charges | 640/8 | €437 | €21,407 | +€20,969 | +4,794% |
| Gross operating margin | 9900 | €43,528 | €98,276 | +€54,748 | +126% |
| Operating profit (loss) | 9901 | €14,433 | €51,084 | +€36,651 | +254% |
| Financial income | 75/76B | €9,295 | €8,925 | -€371 | -4.0% |
| Recurring financial income | 75 | €9,295 | €8,925 | -€371 | -4.0% |
| Financial charges | 65/66B | €16,230 | €4,792 | -€11,438 | -70.5% |
| Recurring financial charges | 65 | €16,230 | €4,792 | -€11,438 | -70.5% |
| Profit (loss) for the period before taxes | 9903 | €7,498 | €55,217 | +€47,718 | +636% |
| Income taxes | 67/77 | €3,253 | €21,805 | +€18,552 | +570% |
| Profit (loss) for the period | 9904 | €4,246 | €33,412 | +€29,166 | +687% |
| Profit (loss) for the period to be appropriated | 9905 | €4,246 | €33,412 | +€29,166 | +687% |
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 29 October 2026 via checked.be.