2-Vano: 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.
2-Vano
Largest movements
- Receivables within one year -€52,711
down €52,711 (-45.4%), from €116,178 to €63,467
of which Trade receivables: -€45,386
- Tangible fixed assets +€44,000
new in 2025: €44,000
- Cash -€1,976
down €1,976 (-66.5%), from €2,971 to €995
mainly Investment in fixed assets (net) (-€43,850) and Trade debts (-€11,622)
- Trade debts -€11,622
down €11,622 (-54.8%), from €21,220 to €9,598
- Tax, wage and social debts +€3,710
up €3,710, from €0 to €3,710
of which Remuneration and social security: +€3,170
- Short-term financial debts -€3,309
down €3,309 (-8.1%), from €40,809 to €37,500
- Gross operating margin -€19,370
down €19,370 (-68.0%), from €28,497 to €9,127
- Other operating charges +€4,314
up €4,314 (+1,407%), from €307 to €4,621
- Financial charges -€2,179
down €2,179 (-39.8%), from €5,477 to €3,298
- Taxes +€540
new in 2025: €540
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 | €122,299 | €111,752 | -€10,546 | -8.6% |
| Fixed assets | 21/28 | €3,150 | €47,000 | +€43,850 | +1,392% |
| Tangible fixed assets | 22/27 | - | €44,000 | +€44,000 | |
| Plant, machinery and equipment | 23 | - | €44,000 | +€44,000 | |
| Financial fixed assets | 28 | €3,150 | €3,000 | -€150 | -4.8% |
| Current assets | 29/58 | €119,149 | €64,752 | -€54,396 | -45.7% |
| Amounts receivable within one year | 40/41 | €116,178 | €63,467 | -€52,711 | -45.4% |
| Trade receivables | 40 | €63,718 | €18,332 | -€45,386 | -71.2% |
| Other amounts receivable | 41 | €52,460 | €45,135 | -€7,325 | -14.0% |
| Cash at bank and in hand | 54/58 | €2,971 | €995 | -€1,976 | -66.5% |
| Deferred charges and accrued income | 490/1 | €0 | €290 | +€290 | |
| Total equity and liabilities | 10/49 | €122,299 | €111,752 | -€10,546 | -8.6% |
| Equity | 10/15 | €60,270 | €60,944 | +€674 | +1.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €47,870 | €48,544 | +€674 | +1.4% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100% |
| Other | 1319 | €1,860 | €0 | -€1,860 | -100% |
| Distributable reserves | 133 | €46,010 | €48,544 | +€2,534 | +5.5% |
| Amounts payable | 17/49 | €62,029 | €50,808 | -€11,220 | -18.1% |
| Amounts payable within one year | 42/48 | €62,029 | €50,808 | -€11,220 | -18.1% |
| Financial debts | 43 | €40,809 | €37,500 | -€3,309 | -8.1% |
| Credit institutions | 430/8 | €40,809 | €37,500 | -€3,309 | -8.1% |
| Trade debts | 44 | €21,220 | €9,598 | -€11,622 | -54.8% |
| Suppliers | 440/4 | €21,220 | €9,598 | -€11,622 | -54.8% |
| Taxes, remuneration and social security | 45 | €0 | €3,710 | +€3,710 | |
| Taxes | 450/3 | €0 | €540 | +€540 | |
| Remuneration and social security | 454/9 | €0 | €3,170 | +€3,170 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €307 | €4,621 | +€4,314 | +1,407% |
| Gross operating margin | 9900 | €28,497 | €9,127 | -€19,370 | -68.0% |
| Operating profit (loss) | 9901 | €28,190 | €4,506 | -€23,684 | -84.0% |
| Financial income | 75/76B | €44 | €6 | -€37 | -86.0% |
| Recurring financial income | 75 | €44 | €6 | -€37 | -86.0% |
| Financial charges | 65/66B | €5,477 | €3,298 | -€2,179 | -39.8% |
| Recurring financial charges | 65 | €5,477 | €3,298 | -€2,179 | -39.8% |
| Profit (loss) for the period before taxes | 9903 | €22,756 | €1,214 | -€21,542 | -94.7% |
| Income taxes | 67/77 | - | €540 | +€540 | |
| Profit (loss) for the period | 9904 | €22,756 | €674 | -€22,082 | -97.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,756 | €674 | -€22,082 | -97.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.