CERTIFIED VANDERPER: 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.
CERTIFIED VANDERPER
Largest movements
- Cash +€74,980
up €74,980 (+91.3%), from €82,114 to €157,094
mainly Net result for the year (+€66,428) and Depreciation (+€18,207)
- Tangible fixed assets -€18,983
down €18,983 (-5.1%), from €374,064 to €355,082
of which Land and buildings: -€17,656
- Deferred charges and accrued income -€6,396
down €6,396 (-79.2%), from €8,077 to €1,681
- Profit (loss) carried forward +€66,428
up €66,428 (+42.1%), from €157,610 to €224,039
- Debts after one year -€15,700
down €15,700 (-5.8%), from €270,669 to €254,969
- Gross operating margin +€4,297
up €4,297 (+3.7%), from €114,827 to €119,124
- Taxes +€2,055
up €2,055 (+12.6%), from €16,248 to €18,304
- Financial charges -€1,866
down €1,866 (-12.4%), from €15,041 to €13,175
- Depreciation -€1,420
down €1,420 (-7.2%), from €19,627 to €18,207
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 | €484,548 | €535,391 | +€50,843 | +10.5% |
| Fixed assets | 21/28 | €376,193 | €355,818 | -€20,375 | -5.4% |
| Intangible fixed assets | 21 | €2,128 | €736 | -€1,392 | -65.4% |
| Tangible fixed assets | 22/27 | €374,064 | €355,082 | -€18,983 | -5.1% |
| Land and buildings | 22 | €371,749 | €354,093 | -€17,656 | -4.7% |
| Furniture and vehicles | 24 | €2,316 | €989 | -€1,327 | -57.3% |
| Current assets | 29/58 | €108,356 | €179,573 | +€71,217 | +65.7% |
| Amounts receivable within one year | 40/41 | €18,165 | €20,799 | +€2,634 | +14.5% |
| Trade receivables | 40 | €18,135 | €20,606 | +€2,471 | +13.6% |
| Other amounts receivable | 41 | €30 | €193 | +€164 | +553.2% |
| Cash at bank and in hand | 54/58 | €82,114 | €157,094 | +€74,980 | +91.3% |
| Deferred charges and accrued income | 490/1 | €8,077 | €1,681 | -€6,396 | -79.2% |
| Total equity and liabilities | 10/49 | €484,548 | €535,391 | +€50,843 | +10.5% |
| Equity | 10/15 | €161,310 | €227,739 | +€66,428 | +41.2% |
| Contributions | 10/11 | €3,700 | €3,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €157,610 | €224,039 | +€66,428 | +42.1% |
| Amounts payable | 17/49 | €323,238 | €307,653 | -€15,585 | -4.8% |
| Amounts payable after more than one year | 17 | €270,669 | €254,969 | -€15,700 | -5.8% |
| Financial debts | 170/4 | €270,669 | €254,969 | -€15,700 | -5.8% |
| Amounts payable within one year | 42/48 | €52,440 | €52,684 | +€244 | +0.5% |
| Current portion of amounts payable after more than one year | 42 | €15,012 | €15,700 | +€687 | +4.6% |
| Trade debts | 44 | €8,333 | €9,639 | +€1,305 | +15.7% |
| Suppliers | 440/4 | €8,333 | €9,639 | +€1,305 | +15.7% |
| Taxes, remuneration and social security | 45 | €27,328 | €27,345 | +€17 | +0.1% |
| Taxes | 450/3 | €27,328 | €27,345 | +€17 | +0.1% |
| Other amounts payable | 47/48 | €1,766 | €0 | -€1,766 | -100.0% |
| Accrued charges and deferred income | 492/3 | €130 | €0 | -€130 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,627 | €18,207 | -€1,420 | -7.2% |
| Other operating charges | 640/8 | €2,441 | €3,019 | +€578 | +23.7% |
| Gross operating margin | 9900 | €114,827 | €119,124 | +€4,297 | +3.7% |
| Operating profit (loss) | 9901 | €92,759 | €97,898 | +€5,139 | +5.5% |
| Financial income | 75/76B | €2 | €9 | +€7 | +452.2% |
| Recurring financial income | 75 | €2 | €9 | +€7 | +452.2% |
| Financial charges | 65/66B | €15,041 | €13,175 | -€1,866 | -12.4% |
| Recurring financial charges | 65 | €15,041 | €13,175 | -€1,866 | -12.4% |
| Profit (loss) for the period before taxes | 9903 | €77,720 | €84,732 | +€7,012 | +9.0% |
| Income taxes | 67/77 | €16,248 | €18,304 | +€2,055 | +12.6% |
| Profit (loss) for the period | 9904 | €61,472 | €66,428 | +€4,956 | +8.1% |
| Profit (loss) for the period to be appropriated | 9905 | €61,472 | €66,428 | +€4,956 | +8.1% |
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 11 October 2026 via checked.be.