VANAKEL GROUP: 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.
VANAKEL GROUP
Largest movements
- Cash +€31,820
up €31,820 (+186%), from €17,086 to €48,906
mainly Trade debts (+€26,090) and Receivables within one year (+€15,423)
- Receivables within one year -€15,423
down €15,423 (-5.3%), from €292,196 to €276,773
of which Trade receivables: -€35,663
- Trade debts +€26,090
up €26,090 (+21.2%), from €122,845 to €148,935
- Tax, wage and social debts -€17,689
down €17,689 (-71.8%), from €24,653 to €6,964
of which Taxes: -€16,249
- Profit (loss) carried forward +€14,435
up €14,435 (+9.3%), from €154,798 to €169,233
- Other debts -€3,900
no longer reported in 2024 (was €3,900)
- Gross operating margin +€24,674
up €24,674, from -€2,802 to €21,872
- Other operating charges +€3,192
up €3,192 (+502%), from €636 to €3,828
- Depreciation +€2,261
up €2,261 (+243%), from €931 to €3,192
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 | €316,196 | €335,132 | +€18,936 | +6.0% |
| Fixed assets | 21/28 | €6,914 | €9,453 | +€2,539 | +36.7% |
| Tangible fixed assets | 22/27 | €6,914 | €9,453 | +€2,539 | +36.7% |
| Plant, machinery and equipment | 23 | €130 | €7 | -€123 | -94.6% |
| Furniture and vehicles | 24 | €6,784 | €9,446 | +€2,662 | +39.2% |
| Current assets | 29/58 | €309,282 | €325,679 | +€16,397 | +5.3% |
| Amounts receivable within one year | 40/41 | €292,196 | €276,773 | -€15,423 | -5.3% |
| Trade receivables | 40 | €292,196 | €256,533 | -€35,663 | -12.2% |
| Other amounts receivable | 41 | - | €20,240 | +€20,240 | |
| Cash at bank and in hand | 54/58 | €17,086 | €48,906 | +€31,820 | +186% |
| Total equity and liabilities | 10/49 | €316,196 | €335,132 | +€18,936 | +6.0% |
| Equity | 10/15 | €164,798 | €179,233 | +€14,435 | +8.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €154,798 | €169,233 | +€14,435 | +9.3% |
| Amounts payable | 17/49 | €151,398 | €155,899 | +€4,501 | +3.0% |
| Amounts payable within one year | 42/48 | €151,398 | €155,899 | +€4,501 | +3.0% |
| Trade debts | 44 | €122,845 | €148,935 | +€26,090 | +21.2% |
| Suppliers | 440/4 | €122,845 | €148,935 | +€26,090 | +21.2% |
| Taxes, remuneration and social security | 45 | €24,653 | €6,964 | -€17,689 | -71.8% |
| Taxes | 450/3 | €22,532 | €6,283 | -€16,249 | -72.1% |
| Remuneration and social security | 454/9 | €2,121 | €681 | -€1,440 | -67.9% |
| Other amounts payable | 47/48 | €3,900 | - | -€3,900 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €931 | €3,192 | +€2,261 | +243% |
| Other operating charges | 640/8 | €636 | €3,828 | +€3,192 | +502% |
| Gross operating margin | 9900 | -€2,802 | €21,872 | +€24,674 | |
| Operating profit (loss) | 9901 | -€4,369 | €14,852 | +€19,221 | |
| Financial charges | 65/66B | €243 | €417 | +€174 | +71.6% |
| Recurring financial charges | 65 | €243 | €417 | +€174 | +71.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,612 | €14,435 | +€19,047 | |
| Profit (loss) for the period | 9904 | -€4,612 | €14,435 | +€19,047 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,612 | €14,435 | +€19,047 |
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 15 October 2026 via checked.be.