Vanalderweireldt: 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.
Vanalderweireldt
Largest movements
- Cash +€22,574
up €22,574 (+801%), from €2,817 to €25,391
mainly Net result for the year (+€81,350) and Other debts (+€24,675)
- Receivables within one year +€19,509
up €19,509 (+19.0%), from €102,770 to €122,279
of which Other amounts receivable: +€15,106
- Financial fixed assets +€16,000
new in 2025: €16,000
- Tangible fixed assets +€8,898
up €8,898 (+108%), from €8,264 to €17,163
of which Other tangible fixed assets: +€14,077
- Reserves +€41,350
up €41,350 (+520%), from €7,951 to €49,301
- Other debts +€24,675
up €24,675 (+69.5%), from €35,500 to €60,175
- Trade debts +€8,205
up €8,205 (+21.3%), from €38,602 to €46,807
- Current portion of long-term debt -€4,071
no longer reported in 2025 (was €4,071)
- Tax, wage and social debts -€2,750
down €2,750 (-24.3%), from €11,300 to €8,550
of which Remuneration and social security: -€3,367
- Gross operating margin +€55,547
up €55,547 (+96.1%), from €57,798 to €113,345
- Taxes +€12,950
up €12,950 (+112%), from €11,550 to €24,500
- Depreciation -€2,808
down €2,808 (-29.6%), from €9,474 to €6,665
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 | €116,024 | €183,433 | +€67,410 | +58.1% |
| Fixed assets | 21/28 | €8,264 | €33,163 | +€24,898 | +301% |
| Tangible fixed assets | 22/27 | €8,264 | €17,163 | +€8,898 | +108% |
| Plant, machinery and equipment | 23 | €2,669 | €3,086 | +€417 | +15.6% |
| Furniture and vehicles | 24 | €5,595 | - | -€5,595 | |
| Other tangible fixed assets | 26 | - | €14,077 | +€14,077 | |
| Financial fixed assets | 28 | - | €16,000 | +€16,000 | |
| Current assets | 29/58 | €107,759 | €150,271 | +€42,511 | +39.5% |
| Amounts receivable within one year | 40/41 | €102,770 | €122,279 | +€19,509 | +19.0% |
| Trade receivables | 40 | €51,584 | €55,987 | +€4,403 | +8.5% |
| Other amounts receivable | 41 | €51,185 | €66,292 | +€15,106 | +29.5% |
| Cash at bank and in hand | 54/58 | €2,817 | €25,391 | +€22,574 | +801% |
| Deferred charges and accrued income | 490/1 | €2,172 | €2,600 | +€428 | +19.7% |
| Total equity and liabilities | 10/49 | €116,024 | €183,433 | +€67,410 | +58.1% |
| Equity | 10/15 | €26,551 | €67,901 | +€41,350 | +156% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,951 | €49,301 | +€41,350 | +520% |
| Distributable reserves | 133 | €7,951 | €49,301 | +€41,350 | +520% |
| Amounts payable | 17/49 | €89,473 | €115,533 | +€26,060 | +29.1% |
| Amounts payable within one year | 42/48 | €89,473 | €115,533 | +€26,060 | +29.1% |
| Current portion of amounts payable after more than one year | 42 | €4,071 | - | -€4,071 | |
| Trade debts | 44 | €38,602 | €46,807 | +€8,205 | +21.3% |
| Suppliers | 440/4 | €38,602 | €46,807 | +€8,205 | +21.3% |
| Taxes, remuneration and social security | 45 | €11,300 | €8,550 | -€2,750 | -24.3% |
| Taxes | 450/3 | €7,934 | €8,550 | +€617 | +7.8% |
| Remuneration and social security | 454/9 | €3,367 | - | -€3,367 | |
| Other amounts payable | 47/48 | €35,500 | €60,175 | +€24,675 | +69.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,474 | €6,665 | -€2,808 | -29.6% |
| Other operating charges | 640/8 | €1,077 | €1,083 | +€6 | +0.5% |
| Gross operating margin | 9900 | €57,798 | €113,345 | +€55,547 | +96.1% |
| Operating profit (loss) | 9901 | €47,248 | €105,597 | +€58,349 | +123% |
| Financial income | 75/76B | €350 | €350 | = | 0.0% |
| Recurring financial income | 75 | €350 | €350 | = | 0.0% |
| Financial charges | 65/66B | €313 | €97 | -€216 | -69.1% |
| Recurring financial charges | 65 | €313 | €97 | -€216 | -69.1% |
| Profit (loss) for the period before taxes | 9903 | €47,285 | €105,850 | +€58,565 | +124% |
| Income taxes | 67/77 | €11,550 | €24,500 | +€12,950 | +112% |
| Profit (loss) for the period | 9904 | €35,735 | €81,350 | +€45,615 | +128% |
| Profit (loss) for the period to be appropriated | 9905 | €35,735 | €81,350 | +€45,615 | +128% |
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 22 October 2026 via checked.be.