C. VANGOMPEL: 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.
C. VANGOMPEL
Largest movements
- Receivables within one year +€172,857
up €172,857 (+43.5%), from €397,395 to €570,252
of which Trade receivables: +€168,491
- Tangible fixed assets -€165,490
down €165,490 (-23.5%), from €705,400 to €539,910
of which Plant, machinery and equipment: -€151,196
- Cash +€96,571
up €96,571 (+59.8%), from €161,534 to €258,105
mainly Net result for the year (+€197,144) and Depreciation (+€178,313)
- Stocks and contracts +€64,280
up €64,280 (+30.6%), from €209,766 to €274,045
- Other debts +€177,688
new in 2025: €177,688
- Tax, wage and social debts +€98,043
up €98,043 (+154.1%), from €63,620 to €161,663
of which Taxes: +€74,085
- Debts after one year -€85,854
down €85,854 (-11.9%), from €720,593 to €634,738
- Trade debts -€58,857
down €58,857 (-25.3%), from €232,387 to €173,530
- Reserves +€19,456
up €19,456 (+6.9%), from €282,564 to €302,020
of which Distributable reserves: +€25,251
- Gross operating margin +€347,930
up €347,930 (+47.1%), from €738,438 to €1.1m
- Staff costs +€116,262
up €116,262 (+24.0%), from €485,120 to €601,383
- Taxes +€61,064
up €61,064 (+683.3%), from €8,937 to €70,000
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.
Cash bridge derived
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 | €1,503,072 | €1,659,278 | +€156,205 | +10.4% |
| Fixed assets | 21/28 | €705,400 | €539,910 | -€165,490 | -23.5% |
| Tangible fixed assets | 22/27 | €705,400 | €539,910 | -€165,490 | -23.5% |
| Land and buildings | 22 | €9,074 | - | -€9,074 | |
| Plant, machinery and equipment | 23 | €681,750 | €530,554 | -€151,196 | -22.2% |
| Furniture and vehicles | 24 | €14,576 | €9,356 | -€5,220 | -35.8% |
| Current assets | 29/58 | €797,672 | €1,119,367 | +€321,695 | +40.3% |
| Stocks and contracts in progress | 3 | €209,766 | €274,045 | +€64,280 | +30.6% |
| Stocks | 30/36 | €209,766 | €274,045 | +€64,280 | +30.6% |
| Amounts receivable within one year | 40/41 | €397,395 | €570,252 | +€172,857 | +43.5% |
| Trade receivables | 40 | €389,282 | €557,773 | +€168,491 | +43.3% |
| Other amounts receivable | 41 | €8,114 | €12,479 | +€4,365 | +53.8% |
| Cash at bank and in hand | 54/58 | €161,534 | €258,105 | +€96,571 | +59.8% |
| Deferred charges and accrued income | 490/1 | €28,977 | €16,965 | -€12,012 | -41.5% |
| Total equity and liabilities | 10/49 | €1,503,072 | €1,659,278 | +€156,205 | +10.4% |
| Equity | 10/15 | €344,564 | €364,020 | +€19,456 | +5.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €282,564 | €302,020 | +€19,456 | +6.9% |
| Non-distributable reserves | 130/1 | €19,850 | €14,055 | -€5,795 | -29.2% |
| Legal reserve | 130 | €19,850 | €14,055 | -€5,795 | -29.2% |
| Distributable reserves | 133 | €262,714 | €287,965 | +€25,251 | +9.6% |
| Amounts payable | 17/49 | €1,158,509 | €1,295,258 | +€136,749 | +11.8% |
| Amounts payable after more than one year | 17 | €720,593 | €634,738 | -€85,854 | -11.9% |
| Financial debts | 170/4 | €720,593 | €634,738 | -€85,854 | -11.9% |
| Amounts payable within one year | 42/48 | €432,566 | €658,153 | +€225,587 | +52.2% |
| Current portion of amounts payable after more than one year | 42 | €46,558 | €48,188 | +€1,630 | +3.5% |
| Financial debts | 43 | €90,000 | €97,083 | +€7,083 | +7.9% |
| Credit institutions | 430/8 | €90,000 | €97,083 | +€7,083 | +7.9% |
| Trade debts | 44 | €232,387 | €173,530 | -€58,857 | -25.3% |
| Suppliers | 440/4 | €232,387 | €173,530 | -€58,857 | -25.3% |
| Taxes, remuneration and social security | 45 | €63,620 | €161,663 | +€98,043 | +154.1% |
| Taxes | 450/3 | €7,236 | €81,321 | +€74,085 | +1023.8% |
| Remuneration and social security | 454/9 | €56,384 | €80,342 | +€23,958 | +42.5% |
| Other amounts payable | 47/48 | - | €177,688 | +€177,688 | |
| Accrued charges and deferred income | 492/3 | €5,350 | €2,367 | -€2,983 | -55.8% |
| Remuneration, social security and pensions | 62 | €485,120 | €601,383 | +€116,262 | +24.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €185,477 | €178,313 | -€7,164 | -3.9% |
| Other operating charges | 640/8 | €14,763 | €20,487 | +€5,724 | +38.8% |
| Gross operating margin | 9900 | €738,438 | €1,086,368 | +€347,930 | +47.1% |
| Operating profit (loss) | 9901 | €53,077 | €286,185 | +€233,108 | +439.2% |
| Financial income | 75/76B | €205 | €37 | -€168 | -81.8% |
| Recurring financial income | 75 | €205 | €37 | -€168 | -81.8% |
| Financial charges | 65/66B | €15,171 | €19,078 | +€3,907 | +25.8% |
| Recurring financial charges | 65 | €15,171 | €19,078 | +€3,907 | +25.8% |
| Profit (loss) for the period before taxes | 9903 | €38,111 | €267,144 | +€229,033 | +601.0% |
| Income taxes | 67/77 | €8,937 | €70,000 | +€61,064 | +683.3% |
| Profit (loss) for the period | 9904 | €29,175 | €197,144 | +€167,969 | +575.7% |
| Profit (loss) for the period to be appropriated | 9905 | €29,175 | €197,144 | +€167,969 | +575.7% |
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 9 October 2026 via checked.be.