VANAGRI: 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.
VANAGRI
Largest movements
- Receivables within one year +€35,418
new in 2025: €35,418
- Receivables after one year -€33,508
no longer reported in 2025 (was €33,508)
- Tangible fixed assets -€20,881
down €20,881 (-28.1%), from €74,266 to €53,386
- Debts after one year -€23,571
down €23,571 (-47.0%), from €50,143 to €26,571
- Current portion of long-term debt +€10,643
up €10,643 (+465.6%), from €2,286 to €12,929
- Profit (loss) carried forward -€3,131
down €3,131 (-32.0%), from €9,770 to €6,639
- Trade debts -€2,080
down €2,080 (-100.0%), from €2,080 to €0
- Turnover -€11,833
down €11,833 (-34.9%), from €33,866 to €22,033
- Gross operating margin -€11,233
down €11,233 (-36.3%), from €30,932 to €19,699
- Purchases and services +€3,022
up €3,022 (+103.0%), from €2,935 to €5,956
- Depreciation +€435
up €435 (+2.1%), from €20,446 to €20,881
- Financial charges -€430
down €430 (-22.5%), from €1,906 to €1,476
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 | €109,365 | €91,456 | -€17,909 | -16.4% |
| Fixed assets | 21/28 | €74,266 | €53,386 | -€20,881 | -28.1% |
| Tangible fixed assets | 22/27 | €74,266 | €53,386 | -€20,881 | -28.1% |
| Plant, machinery and equipment | 23 | €74,266 | €53,386 | -€20,881 | -28.1% |
| Current assets | 29/58 | €35,099 | €38,071 | +€2,972 | +8.5% |
| Amounts receivable after more than one year | 29 | €33,508 | - | -€33,508 | |
| Trade receivables | 290 | €33,508 | - | -€33,508 | |
| Amounts receivable within one year | 40/41 | - | €35,418 | +€35,418 | |
| Trade receivables | 40 | - | €35,418 | +€35,418 | |
| Cash at bank and in hand | 54/58 | €1,591 | €2,652 | +€1,062 | +66.7% |
| Total equity and liabilities | 10/49 | €109,365 | €91,456 | -€17,909 | -16.4% |
| Equity | 10/15 | €15,770 | €12,639 | -€3,131 | -19.9% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,770 | €6,639 | -€3,131 | -32.0% |
| Amounts payable | 17/49 | €93,595 | €78,817 | -€14,778 | -15.8% |
| Amounts payable after more than one year | 17 | €50,143 | €26,571 | -€23,571 | -47.0% |
| Financial debts | 170/4 | €50,143 | €26,571 | -€23,571 | -47.0% |
| Amounts payable within one year | 42/48 | €43,452 | €52,246 | +€8,794 | +20.2% |
| Current portion of amounts payable after more than one year | 42 | €2,286 | €12,929 | +€10,643 | +465.6% |
| Trade debts | 44 | €2,080 | €0 | -€2,080 | -100.0% |
| Suppliers | 440/4 | €2,080 | €0 | -€2,080 | -100.0% |
| Taxes, remuneration and social security | 45 | €1,087 | €1,317 | +€230 | +21.2% |
| Taxes | 450/3 | €1,087 | €1,317 | +€230 | +21.2% |
| Other amounts payable | 47/48 | €38,000 | €38,000 | = | 0.0% |
| Turnover | 70 | €33,866 | €22,033 | -€11,833 | -34.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,935 | €5,956 | +€3,022 | +103.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,446 | €20,881 | +€435 | +2.1% |
| Other operating charges | 640/8 | €456 | €473 | +€16 | +3.6% |
| Gross operating margin | 9900 | €30,932 | €19,699 | -€11,233 | -36.3% |
| Operating profit (loss) | 9901 | €10,029 | -€1,655 | -€11,684 | |
| Financial charges | 65/66B | €1,906 | €1,476 | -€430 | -22.5% |
| Recurring financial charges | 65 | €1,906 | €1,476 | -€430 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €8,124 | -€3,131 | -€11,254 | |
| Profit (loss) for the period | 9904 | €8,124 | -€3,131 | -€11,254 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,124 | -€3,131 | -€11,254 |
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 1 October 2026 via checked.be.