DT VANSA MANAGEMENT: 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.
DT VANSA MANAGEMENT
Largest movements
- Current investments -€250,000
down €250,000 (-100%), from €250,000 to €0
- Tangible fixed assets -€18,248
down €18,248 (-33.7%), from €54,156 to €35,908
of which Furniture and vehicles: -€17,323
- Cash -€18,014
down €18,014 (-94.3%), from €19,109 to €1,095
mainly Contributions, distributions and other (-€211,050) and Current portion of long-term debt (-€36,233)
- Receivables within one year +€10,693
up €10,693 (+31.2%), from €34,269 to €44,961
of which Trade receivables: +€13,690
- Contributions -€211,050
down €211,050 (-100%), from €211,050 to €0
- Current portion of long-term debt -€36,233
down €36,233 (-71.9%), from €50,402 to €14,169
- Debts after one year -€14,169
down €14,169 (-39.7%), from €35,705 to €21,537
- Tax, wage and social debts -€10,120
down €10,120 (-99.7%), from €10,150 to €30
- Profit (loss) carried forward -€9,287
down €9,287, from €5,814 to -€3,473
- Gross operating margin -€168,443
down €168,443 (-92.4%), from €182,264 to €13,821
- Taxes -€40,806
down €40,806 (-96.1%), from €42,480 to €1,674
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €361,300 | €83,874 | -€277,426 | -76.8% |
| Fixed assets | 21/28 | €56,066 | €37,818 | -€18,248 | -32.5% |
| Tangible fixed assets | 22/27 | €54,156 | €35,908 | -€18,248 | -33.7% |
| Furniture and vehicles | 24 | €53,231 | €35,908 | -€17,323 | -32.5% |
| Other tangible fixed assets | 26 | €925 | €0 | -€925 | -100% |
| Financial fixed assets | 28 | €1,910 | €1,910 | = | 0.0% |
| Current assets | 29/58 | €305,235 | €46,056 | -€259,178 | -84.9% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €34,269 | €44,961 | +€10,693 | +31.2% |
| Trade receivables | 40 | €2,527 | €16,217 | +€13,690 | +542% |
| Other amounts receivable | 41 | €31,742 | €28,744 | -€2,998 | -9.4% |
| Current investments | 50/53 | €250,000 | €0 | -€250,000 | -100% |
| Cash at bank and in hand | 54/58 | €19,109 | €1,095 | -€18,014 | -94.3% |
| Deferred charges and accrued income | 490/1 | €1,856 | €0 | -€1,856 | -100% |
| Total equity and liabilities | 10/49 | €361,300 | €83,874 | -€277,426 | -76.8% |
| Equity | 10/15 | €261,864 | €41,527 | -€220,337 | -84.1% |
| Contributions | 10/11 | €211,050 | €0 | -€211,050 | -100% |
| Reserves | 13 | €45,000 | €45,000 | = | 0.0% |
| Distributable reserves | 133 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,814 | -€3,473 | -€9,287 | |
| Amounts payable | 17/49 | €99,436 | €42,347 | -€57,090 | -57.4% |
| Amounts payable after more than one year | 17 | €35,705 | €21,537 | -€14,169 | -39.7% |
| Financial debts | 170/4 | €35,705 | €21,537 | -€14,169 | -39.7% |
| Amounts payable within one year | 42/48 | €63,731 | €20,810 | -€42,921 | -67.3% |
| Current portion of amounts payable after more than one year | 42 | €50,402 | €14,169 | -€36,233 | -71.9% |
| Trade debts | 44 | €3,179 | €6,611 | +€3,432 | +108% |
| Suppliers | 440/4 | €3,179 | €6,611 | +€3,432 | +108% |
| Taxes, remuneration and social security | 45 | €10,150 | €30 | -€10,120 | -99.7% |
| Taxes | 450/3 | €10,150 | €30 | -€10,120 | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,293 | €18,248 | -€45 | -0.2% |
| Other operating charges | 640/8 | €2,334 | €1,266 | -€1,068 | -45.7% |
| Gross operating margin | 9900 | €182,264 | €13,821 | -€168,443 | -92.4% |
| Operating profit (loss) | 9901 | €161,637 | -€5,693 | -€167,330 | |
| Financial income | 75/76B | €1 | €1,262 | +€1,261 | +180,177% |
| Recurring financial income | 75 | €1 | €1,262 | +€1,261 | +180,177% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €3,895 | €3,181 | -€714 | -18.3% |
| Recurring financial charges | 65 | €3,895 | €3,181 | -€714 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | €157,742 | -€7,613 | -€165,355 | |
| Income taxes | 67/77 | €42,480 | €1,674 | -€40,806 | -96.1% |
| Profit (loss) for the period | 9904 | €115,262 | -€9,287 | -€124,549 | |
| Profit (loss) for the period to be appropriated | 9905 | €115,262 | -€9,287 | -€124,549 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.