ACCOUNTANCY VANEXEM: what changed
ACCOUNTANCY VANEXEM
Largest movements
- Tangible fixed assets -€9,819
down €9,819 (-26.2%), from €37,425 to €27,605
of which Leasing and similar rights: -€7,843
- Cash +€8,449
up €8,449 (+72.9%), from €11,592 to €20,042
mainly Depreciation (+€9,819) and Net result for the year (+€6,569)
- Deferred charges and accrued income +€1,737
new in 2025: €1,737
- Receivables within one year +€1,297
up €1,297 (+12.7%), from €10,187 to €11,485
of which Trade receivables: +€1,235
- Debts after one year -€7,857
down €7,857 (-33.0%), from €23,794 to €15,937
- Reserves +€5,961
new in 2025: €5,961
- Tax, wage and social debts +€3,115
up €3,115 (+48.4%), from €6,439 to €9,554
of which Taxes: +€3,115
- Gross operating margin +€6,726
up €6,726 (+42.7%), from €15,764 to €22,490
- Taxes +€1,801
up €1,801 (+113%), from €1,590 to €3,391
- Depreciation +€629
up €629 (+6.8%), from €9,190 to €9,819
- Financial charges -€351
down €351 (-20.7%), from €1,694 to €1,343
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €59,204 | €60,869 | +€1,664 | +2.8% |
| Fixed assets | 21/28 | €37,425 | €27,605 | -€9,819 | -26.2% |
| Tangible fixed assets | 22/27 | €37,425 | €27,605 | -€9,819 | -26.2% |
| Plant, machinery and equipment | 23 | €1,900 | €1,078 | -€822 | -43.3% |
| Furniture and vehicles | 24 | €4,387 | €3,233 | -€1,154 | -26.3% |
| Leasing and similar rights | 25 | €31,137 | €23,294 | -€7,843 | -25.2% |
| Current assets | 29/58 | €21,780 | €33,263 | +€11,484 | +52.7% |
| Amounts receivable within one year | 40/41 | €10,187 | €11,485 | +€1,297 | +12.7% |
| Trade receivables | 40 | €9,760 | €10,996 | +€1,235 | +12.7% |
| Other amounts receivable | 41 | €427 | €489 | +€62 | +14.5% |
| Cash at bank and in hand | 54/58 | €11,592 | €20,042 | +€8,449 | +72.9% |
| Deferred charges and accrued income | 490/1 | - | €1,737 | +€1,737 | |
| Total equity and liabilities | 10/49 | €59,204 | €60,869 | +€1,664 | +2.8% |
| Equity | 10/15 | €14,393 | €20,961 | +€6,569 | +45.6% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | - | €5,961 | +€5,961 | |
| Distributable reserves | 133 | - | €5,961 | +€5,961 | |
| Profit (loss) carried forward | 14 | -€607 | €0 | +€607 | |
| Amounts payable | 17/49 | €44,812 | €39,907 | -€4,904 | -10.9% |
| Amounts payable after more than one year | 17 | €23,794 | €15,937 | -€7,857 | -33.0% |
| Financial debts | 170/4 | €23,794 | €15,937 | -€7,857 | -33.0% |
| Amounts payable within one year | 42/48 | €21,017 | €23,970 | +€2,953 | +14.0% |
| Current portion of amounts payable after more than one year | 42 | €7,558 | €7,857 | +€299 | +3.9% |
| Trade debts | 44 | €1,020 | €419 | -€601 | -58.9% |
| Suppliers | 440/4 | €1,020 | €419 | -€601 | -58.9% |
| Taxes, remuneration and social security | 45 | €6,439 | €9,554 | +€3,115 | +48.4% |
| Taxes | 450/3 | €4,189 | €7,304 | +€3,115 | +74.4% |
| Remuneration and social security | 454/9 | €2,250 | €2,250 | = | 0.0% |
| Other amounts payable | 47/48 | €6,000 | €6,140 | +€140 | +2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,190 | €9,819 | +€629 | +6.8% |
| Other operating charges | 640/8 | €1,335 | €1,371 | +€37 | +2.7% |
| Gross operating margin | 9900 | €15,764 | €22,490 | +€6,726 | +42.7% |
| Operating profit (loss) | 9901 | €5,239 | €11,299 | +€6,060 | +116% |
| Financial income | 75/76B | - | €4 | +€4 | |
| Recurring financial income | 75 | - | €4 | +€4 | |
| Financial charges | 65/66B | €1,694 | €1,343 | -€351 | -20.7% |
| Recurring financial charges | 65 | €1,694 | €1,343 | -€351 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €3,545 | €9,959 | +€6,414 | +181% |
| Income taxes | 67/77 | €1,590 | €3,391 | +€1,801 | +113% |
| Profit (loss) for the period | 9904 | €1,955 | €6,569 | +€4,614 | +236% |
| Profit (loss) for the period to be appropriated | 9905 | €1,955 | €6,569 | +€4,614 | +236% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.