Vanacker Rumbeke: 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.
Vanacker Rumbeke
Largest movements
- Stocks and contracts +€1.8m
up €1.8m (+107.6%), from €1.7m to €3.5m
- Current investments -€1.7m
down €1.7m (-100.0%), from €1.7m to €0
- Receivables within one year +€510,176
up €510,176 (+18.3%), from €2.8m to €3.3m
of which Trade receivables: +€623,135
- Cash -€371,119
down €371,119 (-25.5%), from €1.5m to €1.1m
mainly Stocks and contracts (-€1.8m) and Contributions, distributions and other (-€621,146)
- Financial fixed assets +€125,000
up €125,000 (+41666.5%), from €300 to €125,300
- Other debts +€621,146
up €621,146 (+103.5%), from €600,000 to €1.2m
- Reserves -€152,623
down €152,623 (-3.9%), from €3.9m to €3.8m
of which Distributable reserves: -€139,996
- Debts after one year -€119,653
down €119,653 (-16.9%), from €709,941 to €590,287
of which Financial debts: -€119,653
- Gross operating margin -€717,234
down €717,234 (-34.9%), from €2.1m to €1.3m
- Taxes -€267,963
down €267,963 (-55.0%), from €487,045 to €219,083
- Staff costs +€64,620
up €64,620 (+26.7%), from €241,742 to €306,362
- Depreciation +€39,296
up €39,296 (+14.0%), from €281,676 to €320,972
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 | €10,210,496 | €10,551,643 | +€341,147 | +3.3% |
| Fixed assets | 21/28 | €2,611,738 | €2,690,778 | +€79,040 | +3.0% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €2,611,438 | €2,565,478 | -€45,960 | -1.8% |
| Land and buildings | 22 | €1,956,417 | €1,846,259 | -€110,158 | -5.6% |
| Plant, machinery and equipment | 23 | €581,341 | €664,387 | +€83,046 | +14.3% |
| Furniture and vehicles | 24 | €73,680 | €54,832 | -€18,848 | -25.6% |
| Financial fixed assets | 28 | €300 | €125,300 | +€125,000 | +41666.5% |
| Current assets | 29/58 | €7,598,758 | €7,860,865 | +€262,107 | +3.4% |
| Stocks and contracts in progress | 3 | €1,666,254 | €3,458,993 | +€1.8m | +107.6% |
| Stocks | 30/36 | €1,666,254 | €3,458,993 | +€1.8m | +107.6% |
| Amounts receivable within one year | 40/41 | €2,793,962 | €3,304,138 | +€510,176 | +18.3% |
| Trade receivables | 40 | €1,216,899 | €1,840,034 | +€623,135 | +51.2% |
| Other amounts receivable | 41 | €1,577,063 | €1,464,104 | -€112,959 | -7.2% |
| Current investments | 50/53 | €1,655,000 | €0 | -€1.7m | -100.0% |
| Cash at bank and in hand | 54/58 | €1,456,301 | €1,085,182 | -€371,119 | -25.5% |
| Deferred charges and accrued income | 490/1 | €27,241 | €12,552 | -€14,689 | -53.9% |
| Total equity and liabilities | 10/49 | €10,210,496 | €10,551,643 | +€341,147 | +3.3% |
| Equity | 10/15 | €5,218,671 | €5,066,048 | -€152,623 | -2.9% |
| Contributions | 10/11 | €245,146 | €245,146 | = | 0.0% |
| Reserves | 13 | €3,924,929 | €3,772,306 | -€152,623 | -3.9% |
| Non-distributable reserves | 130/1 | €24,515 | €24,515 | = | 0.0% |
| Reserves not available under the articles | 1311 | €24,515 | €24,515 | = | 0.0% |
| Tax-exempt reserves | 132 | €110,195 | €97,568 | -€12,627 | -11.5% |
| Distributable reserves | 133 | €3,790,219 | €3,650,223 | -€139,996 | -3.7% |
| Profit (loss) carried forward | 14 | €1,048,596 | €1,048,596 | = | 0.0% |
| Provisions and deferred taxes | 16 | €43,645 | €32,523 | -€11,122 | -25.5% |
| Deferred taxes | 168 | €43,645 | €32,523 | -€11,122 | -25.5% |
| Amounts payable | 17/49 | €4,948,180 | €5,453,072 | +€504,893 | +10.2% |
| Amounts payable after more than one year | 17 | €709,941 | €590,287 | -€119,653 | -16.9% |
| Financial debts | 170/4 | €708,591 | €588,937 | -€119,653 | -16.9% |
| Other amounts payable | 178/9 | €1,350 | €1,350 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,225,731 | €4,856,160 | +€630,428 | +14.9% |
| Current portion of amounts payable after more than one year | 42 | €118,972 | €119,653 | +€682 | +0.6% |
| Trade debts | 44 | €3,390,258 | €3,417,715 | +€27,457 | +0.8% |
| Suppliers | 440/4 | €3,390,258 | €3,417,715 | +€27,457 | +0.8% |
| Taxes, remuneration and social security | 45 | €116,502 | €97,645 | -€18,856 | -16.2% |
| Taxes | 450/3 | €104,558 | €70,505 | -€34,053 | -32.6% |
| Remuneration and social security | 454/9 | €11,943 | €27,140 | +€15,197 | +127.2% |
| Other amounts payable | 47/48 | €600,000 | €1,221,146 | +€621,146 | +103.5% |
| Accrued charges and deferred income | 492/3 | €12,508 | €6,625 | -€5,883 | -47.0% |
| Non-recurring operating income | 76A | €156,032 | €2,750 | -€153,282 | -98.2% |
| Remuneration, social security and pensions | 62 | €241,742 | €306,362 | +€64,620 | +26.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €281,676 | €320,972 | +€39,296 | +14.0% |
| Other operating charges | 640/8 | €20,594 | €26,533 | +€5,939 | +28.8% |
| Gross operating margin | 9900 | €2,056,597 | €1,339,362 | -€717,234 | -34.9% |
| Operating profit (loss) | 9901 | €1,512,585 | €685,495 | -€827,089 | -54.7% |
| Financial income | 75/76B | €41,698 | €22,743 | -€18,955 | -45.5% |
| Recurring financial income | 75 | €41,698 | €22,743 | -€18,955 | -45.5% |
| Financial charges | 65/66B | €38,653 | €31,755 | -€6,899 | -17.8% |
| Recurring financial charges | 65 | €38,653 | €31,755 | -€6,899 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | €1,515,629 | €676,484 | -€839,146 | -55.4% |
| Transfer from deferred taxes | 780 | €6,758 | €11,122 | +€4,364 | +64.6% |
| Income taxes | 67/77 | €487,045 | €219,083 | -€267,963 | -55.0% |
| Profit (loss) for the period | 9904 | €1,035,342 | €468,523 | -€566,819 | -54.7% |
| Transfer from tax-exempt reserves | 789 | €17,232 | €12,627 | -€4,605 | -26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,052,573 | €481,150 | -€571,423 | -54.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.