VAESSEN & MALAISE: 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.
VAESSEN & MALAISE
Largest movements
- Receivables within one year +€8,221
up €8,221 (+27.2%), from €30,243 to €38,464
of which Trade receivables: +€8,584
- Tangible fixed assets +€1,118
up €1,118 (+26.1%), from €4,285 to €5,403
- Other debts +€5,000
up €5,000 (+73.0%), from €6,852 to €11,852
- Reserves +€1,500
up €1,500 (+10.3%), from €14,560 to €16,060
of which Distributable reserves: +€3,360
- Trade debts +€1,378
up €1,378 (+7.8%), from €17,643 to €19,021
- Tax, wage and social debts +€691
up €691 (+228%), from €304 to €995
- Gross operating margin +€7,133
up €7,133, from -€2,228 to €4,905
- Other operating charges +€902
up €902 (+61.4%), from €1,470 to €2,372
- Depreciation +€457
up €457 (+3,831%), from €12 to €469
- Financial charges -€219
down €219 (-36.3%), from €603 to €384
- Taxes +€150
new in 2024: €150
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,367 | €59,019 | +€8,652 | +17.2% |
| Fixed assets | 21/28 | €4,285 | €5,403 | +€1,118 | +26.1% |
| Tangible fixed assets | 22/27 | €4,285 | €5,403 | +€1,118 | +26.1% |
| Plant, machinery and equipment | 23 | €4,285 | €5,403 | +€1,118 | +26.1% |
| Current assets | 29/58 | €46,082 | €53,616 | +€7,534 | +16.3% |
| Stocks and contracts in progress | 3 | €5,360 | €4,973 | -€387 | -7.2% |
| Stocks | 30/36 | €5,360 | €4,973 | -€387 | -7.2% |
| Amounts receivable within one year | 40/41 | €30,243 | €38,464 | +€8,221 | +27.2% |
| Trade receivables | 40 | €29,428 | €38,012 | +€8,584 | +29.2% |
| Other amounts receivable | 41 | €815 | €452 | -€363 | -44.6% |
| Cash at bank and in hand | 54/58 | €10,479 | €10,179 | -€300 | -2.9% |
| Total equity and liabilities | 10/49 | €50,367 | €59,019 | +€8,652 | +17.2% |
| Equity | 10/15 | €24,818 | €26,402 | +€1,584 | +6.4% |
| Contributions | 10/11 | €6,696 | €6,696 | = | 0.0% |
| Reserves | 13 | €14,560 | €16,060 | +€1,500 | +10.3% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €12,700 | €16,060 | +€3,360 | +26.5% |
| Profit (loss) carried forward | 14 | €3,562 | €3,646 | +€84 | +2.4% |
| Amounts payable | 17/49 | €25,548 | €32,617 | +€7,069 | +27.7% |
| Amounts payable within one year | 42/48 | €24,798 | €31,867 | +€7,069 | +28.5% |
| Trade debts | 44 | €17,643 | €19,021 | +€1,378 | +7.8% |
| Suppliers | 440/4 | €17,643 | €19,021 | +€1,378 | +7.8% |
| Taxes, remuneration and social security | 45 | €304 | €995 | +€691 | +228% |
| Taxes | 450/3 | €304 | €995 | +€691 | +228% |
| Other amounts payable | 47/48 | €6,852 | €11,852 | +€5,000 | +73.0% |
| Accrued charges and deferred income | 492/3 | €750 | €750 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12 | €469 | +€457 | +3,831% |
| Other operating charges | 640/8 | €1,470 | €2,372 | +€902 | +61.4% |
| Gross operating margin | 9900 | -€2,228 | €4,905 | +€7,133 | |
| Operating profit (loss) | 9901 | -€3,710 | €2,064 | +€5,773 | |
| Financial income | 75/76B | - | €54 | +€54 | |
| Recurring financial income | 75 | - | €54 | +€54 | |
| Financial charges | 65/66B | €603 | €384 | -€219 | -36.3% |
| Recurring financial charges | 65 | €603 | €384 | -€219 | -36.3% |
| Profit (loss) for the period before taxes | 9903 | -€4,312 | €1,734 | +€6,046 | |
| Income taxes | 67/77 | - | €150 | +€150 | |
| Profit (loss) for the period | 9904 | -€4,312 | €1,584 | +€5,896 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,312 | €1,584 | +€5,896 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.