van de Vrande - Vanlaer: 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.
van de Vrande - Vanlaer
Largest movements
- Current investments +€209,738
up €209,738 (+93.2%), from €225,000 to €434,738
- Cash -€62,974
down €62,974 (-16.4%), from €383,904 to €320,930
mainly Other debts (-€234,384) and Current investments (-€209,738)
- Receivables within one year +€35,066
up €35,066 (+28.8%), from €121,701 to €156,767
of which Trade receivables: +€35,066
- Deferred charges and accrued income -€19,756
down €19,756 (-9.9%), from €200,400 to €180,644
- Reserves +€380,043
up €380,043 (+61.6%), from €616,549 to €996,593
- Other debts -€234,384
down €234,384 (-96.5%), from €242,830 to €8,446
- Short-term financial debts +€26,956
new in 2025: €26,956
- Current portion of long-term debt -€25,378
down €25,378 (-100%), from €25,378 to €0
- Trade debts +€17,460
up €17,460 (+237%), from €7,379 to €24,839
- Gross operating margin -€6,724
down €6,724 (-1.3%), from €513,201 to €506,477
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.
Derived cash bridge
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 | €931,258 | €1,093,080 | +€161,822 | +17.4% |
| Fixed assets | 21/28 | €253 | €0 | -€253 | -100% |
| Tangible fixed assets | 22/27 | €253 | €0 | -€253 | -100% |
| Plant, machinery and equipment | 23 | €253 | €0 | -€253 | -100% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €931,005 | €1,093,080 | +€162,075 | +17.4% |
| Amounts receivable within one year | 40/41 | €121,701 | €156,767 | +€35,066 | +28.8% |
| Trade receivables | 40 | €121,701 | €156,767 | +€35,066 | +28.8% |
| Other amounts receivable | 41 | €0 | - | = | |
| Current investments | 50/53 | €225,000 | €434,738 | +€209,738 | +93.2% |
| Cash at bank and in hand | 54/58 | €383,904 | €320,930 | -€62,974 | -16.4% |
| Deferred charges and accrued income | 490/1 | €200,400 | €180,644 | -€19,756 | -9.9% |
| Total equity and liabilities | 10/49 | €931,258 | €1,093,080 | +€161,822 | +17.4% |
| Equity | 10/15 | €620,549 | €1,000,593 | +€380,043 | +61.2% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €616,549 | €996,593 | +€380,043 | +61.6% |
| Distributable reserves | 133 | €616,549 | €996,593 | +€380,043 | +61.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €310,708 | €92,488 | -€218,221 | -70.2% |
| Amounts payable within one year | 42/48 | €310,371 | €91,849 | -€218,522 | -70.4% |
| Current portion of amounts payable after more than one year | 42 | €25,378 | €0 | -€25,378 | -100% |
| Financial debts | 43 | - | €26,956 | +€26,956 | |
| Credit institutions | 430/8 | - | €26,956 | +€26,956 | |
| Trade debts | 44 | €7,379 | €24,839 | +€17,460 | +237% |
| Suppliers | 440/4 | €7,379 | €24,839 | +€17,460 | +237% |
| Taxes, remuneration and social security | 45 | €34,784 | €31,608 | -€3,177 | -9.1% |
| Taxes | 450/3 | €34,784 | €31,608 | -€3,177 | -9.1% |
| Other amounts payable | 47/48 | €242,830 | €8,446 | -€234,384 | -96.5% |
| Accrued charges and deferred income | 492/3 | €337 | €639 | +€302 | +89.5% |
| Remuneration, social security and pensions | 62 | €176 | €0 | -€176 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €885 | €253 | -€632 | -71.4% |
| Other operating charges | 640/8 | €1,658 | €2,022 | +€364 | +21.9% |
| Gross operating margin | 9900 | €513,201 | €506,477 | -€6,724 | -1.3% |
| Operating profit (loss) | 9901 | €510,481 | €504,202 | -€6,280 | -1.2% |
| Financial income | 75/76B | €8,524 | €5,257 | -€3,267 | -38.3% |
| Recurring financial income | 75 | €8,524 | €5,257 | -€3,267 | -38.3% |
| Financial charges | 65/66B | €4,581 | €5,795 | +€1,215 | +26.5% |
| Recurring financial charges | 65 | €4,581 | €5,795 | +€1,215 | +26.5% |
| Profit (loss) for the period before taxes | 9903 | €514,425 | €503,664 | -€10,761 | -2.1% |
| Income taxes | 67/77 | €125,610 | €123,621 | -€1,990 | -1.6% |
| Profit (loss) for the period | 9904 | €388,815 | €380,043 | -€8,771 | -2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €388,815 | €380,043 | -€8,771 | -2.3% |
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 26 October 2026 via checked.be.