VANABO: what changed
Two fiscal 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.
VANABO
Largest movements
- Receivables within one year +€22,041
up €22,041 (+1.8%), from €1.3m to €1.3m
of which Trade receivables: +€22,055
- Other debts -€1.3m
down €1.3m (-100.0%), from €1.3m to €0
- Debts after one year +€1.2m
new in 2025: €1.2m
- Accrued charges and deferred income +€35,619
up €35,619 (+244.2%), from €14,583 to €50,202
- Profit (loss) carried forward +€32,839
up €32,839 (+97.6%), from -€33,662 to -€824
- Financial income +€65,445
up €65,445 (+296.7%), from €22,055 to €87,500
- Financial charges +€35,456
up €35,456 (+224.4%), from €15,798 to €51,254
- Gross operating margin -€1,611
down €1,611 (-96.5%), from -€1,669 to -€3,279
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 | €1,290,956 | €1,324,385 | +€33,429 | +2.6% |
| Current assets | 29/58 | €1,290,956 | €1,324,385 | +€33,429 | +2.6% |
| Amounts receivable within one year | 40/41 | €1,250,014 | €1,272,055 | +€22,041 | +1.8% |
| Trade receivables | 40 | - | €22,055 | +€22,055 | |
| Other amounts receivable | 41 | €1,250,014 | €1,250,000 | -€14 | 0.0% |
| Cash at bank and in hand | 54/58 | €40,942 | €52,090 | +€11,148 | +27.2% |
| Deferred charges and accrued income | 490/1 | - | €240 | +€240 | |
| Total equity and liabilities | 10/49 | €1,290,956 | €1,324,385 | +€33,429 | +2.6% |
| Equity | 10/15 | -€6,162 | €26,676 | +€32,839 | |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Distributable reserves | 133 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,662 | -€824 | +€32,839 | +97.6% |
| Amounts payable | 17/49 | €1,297,118 | €1,297,708 | +€590 | 0.0% |
| Amounts payable after more than one year | 17 | - | €1,214,720 | +€1.2m | |
| Other amounts payable | 178/9 | - | €1,214,720 | +€1.2m | |
| Amounts payable within one year | 42/48 | €1,282,535 | €32,786 | -€1.2m | -97.4% |
| Trade debts | 44 | €32,535 | €32,786 | +€251 | +0.8% |
| Suppliers | 440/4 | €32,535 | €32,786 | +€251 | +0.8% |
| Other amounts payable | 47/48 | €1,250,000 | €0 | -€1.3m | -100.0% |
| Accrued charges and deferred income | 492/3 | €14,583 | €50,202 | +€35,619 | +244.2% |
| Non-recurring operating income | 76A | €1,612 | €0 | -€1,612 | -100.0% |
| Other operating charges | 640/8 | €126 | €128 | +€2 | +1.6% |
| Gross operating margin | 9900 | -€1,669 | -€3,279 | -€1,611 | -96.5% |
| Operating profit (loss) | 9901 | -€1,795 | -€3,407 | -€1,613 | -89.9% |
| Financial income | 75/76B | €22,055 | €87,500 | +€65,445 | +296.7% |
| Recurring financial income | 75 | €22,055 | €87,500 | +€65,445 | +296.7% |
| Financial charges | 65/66B | €15,798 | €51,254 | +€35,456 | +224.4% |
| Recurring financial charges | 65 | €15,798 | €51,254 | +€35,456 | +224.4% |
| Profit (loss) for the period before taxes | 9903 | €4,462 | €32,839 | +€28,376 | +635.9% |
| Profit (loss) for the period | 9904 | €4,462 | €32,839 | +€28,376 | +635.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,462 | €32,839 | +€28,376 | +635.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.