DANY VANCLEE: what changed
What changed
DANY VANCLEE
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
filed annual accounts (NBB)
Net result for the year
€42,620
2024 · €52,913-€10,293
Equity
€402,324
2024 · €359,704+€42,620
Cash
€171,054
2024 · €266,959-€95,905
Balance sheet total
€612,217
2024 · €589,841+€22,376
Largest movements
Assets
- Current investments +€119,922
up €119,922 (+131%), from €91,370 to €211,292
- Cash -€95,905
down €95,905 (-35.9%), from €266,959 to €171,054
mainly Current investments (-€119,922) and Investment in fixed assets (net) (-€41,053)
- Tangible fixed assets -€18,672
down €18,672 (-12.7%), from €147,323 to €128,651
of which Other tangible fixed assets: -€23,367
- Stocks and contracts +€10,208
up €10,208 (+29.3%), from €34,852 to €45,060
- Receivables within one year +€8,602
up €8,602 (+20.9%), from €41,201 to €49,804
of which Other amounts receivable: +€7,573
Equity and liabilities
- Reserves +€42,620
up €42,620 (+12.5%), from €339,704 to €382,324
of which Distributable reserves: +€42,620
- Other debts -€18,593
down €18,593 (-14.5%), from €128,171 to €109,578
- Current portion of long-term debt -€6,289
down €6,289 (-19.4%), from €32,443 to €26,154
Income statement
- Gross operating margin -€18,822
down €18,822 (-4.8%), from €390,527 to €371,705
- Taxes -€8,557
down €8,557 (-29.3%), from €29,171 to €20,614
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.
Result 2024
€52,913
Gross operating margin
-€18,822
Staff costs
-€1,068
Depreciation
-€3,432
Other operating charges
+€3,168
Financial income
+€1,899
Financial charges
-€593
Taxes
+€8,557
Result 2025
€42,620
raises the resultlowers the result
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.
From operations
+€70,821
Investment
-€160,976
Financing
-€5,751
Cash 2024
€266,959
From operations (derived)
+€70,821
Net result for the year
+€42,620
Depreciation
+€59,725
Stocks and contracts
-€10,208
Receivables within one year
-€8,602
Deferred charges and accrued income
+€1,780
Trade debts
+€2,526
Tax, wage and social debts
+€1,167
Other debts
-€18,593
Accrued charges and deferred income
+€407
Investment (derived)
-€160,976
Investment in fixed assets (net)
-€41,053
Current investments
-€119,922
Financing
-€5,751
Debts after one year
+€538
Current portion of long-term debt
-€6,289
Cash 2025
€171,054
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €589,841 | €612,217 | +€22,376 | +3.8% |
| Fixed assets | 21/28 | €147,323 | €128,651 | -€18,672 | -12.7% |
| Tangible fixed assets | 22/27 | €147,323 | €128,651 | -€18,672 | -12.7% |
| Plant, machinery and equipment | 23 | €5,600 | €5,029 | -€571 | -10.2% |
| Furniture and vehicles | 24 | €1,598 | €9,594 | +€7,996 | +501% |
| Leasing and similar rights | 25 | €50,073 | €47,343 | -€2,729 | -5.5% |
| Other tangible fixed assets | 26 | €90,053 | €66,685 | -€23,367 | -25.9% |
| Current assets | 29/58 | €442,519 | €483,566 | +€41,048 | +9.3% |
| Stocks and contracts in progress | 3 | €34,852 | €45,060 | +€10,208 | +29.3% |
| Stocks | 30/36 | €34,852 | €45,060 | +€10,208 | +29.3% |
| Amounts receivable within one year | 40/41 | €41,201 | €49,804 | +€8,602 | +20.9% |
| Trade receivables | 40 | €30,832 | €31,860 | +€1,029 | +3.3% |
| Other amounts receivable | 41 | €10,370 | €17,943 | +€7,573 | +73.0% |
| Current investments | 50/53 | €91,370 | €211,292 | +€119,922 | +131% |
| Cash at bank and in hand | 54/58 | €266,959 | €171,054 | -€95,905 | -35.9% |
| Deferred charges and accrued income | 490/1 | €8,136 | €6,356 | -€1,780 | -21.9% |
| Total equity and liabilities | 10/49 | €589,841 | €612,217 | +€22,376 | +3.8% |
| Equity | 10/15 | €359,704 | €402,324 | +€42,620 | +11.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €339,704 | €382,324 | +€42,620 | +12.5% |
| Tax-exempt reserves | 132 | €2,707 | €2,707 | = | 0.0% |
| Distributable reserves | 133 | €336,997 | €379,617 | +€42,620 | +12.6% |
| Amounts payable | 17/49 | €230,138 | €209,894 | -€20,244 | -8.8% |
| Amounts payable after more than one year | 17 | €20,838 | €21,376 | +€538 | +2.6% |
| Financial debts | 170/4 | €20,838 | €21,376 | +€538 | +2.6% |
| Amounts payable within one year | 42/48 | €209,300 | €188,111 | -€21,189 | -10.1% |
| Current portion of amounts payable after more than one year | 42 | €32,443 | €26,154 | -€6,289 | -19.4% |
| Trade debts | 44 | €36,725 | €39,251 | +€2,526 | +6.9% |
| Suppliers | 440/4 | €36,725 | €39,251 | +€2,526 | +6.9% |
| Taxes, remuneration and social security | 45 | €11,961 | €13,128 | +€1,167 | +9.8% |
| Taxes | 450/3 | - | €1,352 | +€1,352 | |
| Remuneration and social security | 454/9 | €11,961 | €11,776 | -€185 | -1.5% |
| Other amounts payable | 47/48 | €128,171 | €109,578 | -€18,593 | -14.5% |
| Accrued charges and deferred income | 492/3 | - | €407 | +€407 | |
| Remuneration, social security and pensions | 62 | €247,242 | €248,310 | +€1,068 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,293 | €59,725 | +€3,432 | +6.1% |
| Other operating charges | 640/8 | €3,858 | €690 | -€3,168 | -82.1% |
| Gross operating margin | 9900 | €390,527 | €371,705 | -€18,822 | -4.8% |
| Operating profit (loss) | 9901 | €83,135 | €62,980 | -€20,155 | -24.2% |
| Financial income | 75/76B | €1,311 | €3,210 | +€1,899 | +145% |
| Recurring financial income | 75 | €515 | €3,210 | +€2,694 | +523% |
| Non-recurring financial income | 76B | €796 | - | -€796 | |
| Financial charges | 65/66B | €2,363 | €2,956 | +€593 | +25.1% |
| Recurring financial charges | 65 | €1,597 | €1,988 | +€391 | +24.5% |
| Non-recurring financial charges | 66B | €765 | €968 | +€203 | +26.5% |
| Profit (loss) for the period before taxes | 9903 | €82,084 | €63,234 | -€18,850 | -23.0% |
| Income taxes | 67/77 | €29,171 | €20,614 | -€8,557 | -29.3% |
| Profit (loss) for the period | 9904 | €52,913 | €42,620 | -€10,293 | -19.5% |
| Profit (loss) for the period to be appropriated | 9905 | €52,913 | €42,620 | -€10,293 | -19.5% |
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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 3 November 2026 via checked.be.