VANALI HEATING: 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.
VANALI HEATING
Largest movements
- Tangible fixed assets +€57,597
up €57,597 (+439%), from €13,134 to €70,731
of which Furniture and vehicles: +€57,873
- Receivables within one year -€47,304
down €47,304 (-39.0%), from €121,138 to €73,834
of which Other amounts receivable: -€68,700
- Stocks and contracts +€16,500
new in 2025: €16,500
- Debts after one year +€26,708
up €26,708 (+198%), from €13,485 to €40,192
- Trade debts -€21,948
no longer reported in 2025 (was €21,948)
- Profit (loss) carried forward +€16,743
up €16,743 (+2,734%), from €612 to €17,355
- Other debts -€10,275
down €10,275 (-40.7%), from €25,275 to €15,000
- Tax, wage and social debts +€8,648
up €8,648 (+79.4%), from €10,893 to €19,541
- Depreciation +€9,096
up €9,096 (+82.1%), from €11,076 to €20,172
- Taxes +€4,098
up €4,098 (+68.4%), from €5,987 to €10,085
- Financial income -€2,846
down €2,846 (-93.3%), from €3,049 to €203
- Gross operating margin -€2,077
down €2,077 (-3.9%), from €53,643 to €51,566
- Financial charges +€2,018
up €2,018 (+112%), from €1,804 to €3,822
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 | €141,719 | €169,240 | +€27,521 | +19.4% |
| Fixed assets | 21/28 | €14,628 | €71,001 | +€56,372 | +385% |
| Tangible fixed assets | 22/27 | €13,134 | €70,731 | +€57,597 | +439% |
| Plant, machinery and equipment | 23 | €3,508 | €3,631 | +€123 | +3.5% |
| Furniture and vehicles | 24 | €9,226 | €67,099 | +€57,873 | +627% |
| Other tangible fixed assets | 26 | €399 | - | -€399 | |
| Financial fixed assets | 28 | €1,495 | €270 | -€1,225 | -81.9% |
| Current assets | 29/58 | €127,091 | €98,239 | -€28,852 | -22.7% |
| Stocks and contracts in progress | 3 | - | €16,500 | +€16,500 | |
| Stocks | 30/36 | - | €16,500 | +€16,500 | |
| Amounts receivable within one year | 40/41 | €121,138 | €73,834 | -€47,304 | -39.0% |
| Trade receivables | 40 | €40,616 | €62,012 | +€21,397 | +52.7% |
| Other amounts receivable | 41 | €80,522 | €11,822 | -€68,700 | -85.3% |
| Cash at bank and in hand | 54/58 | €3,238 | €4,541 | +€1,303 | +40.2% |
| Deferred charges and accrued income | 490/1 | €2,715 | €3,364 | +€649 | +23.9% |
| Total equity and liabilities | 10/49 | €141,719 | €169,240 | +€27,521 | +19.4% |
| Equity | 10/15 | €58,848 | €75,591 | +€16,743 | +28.5% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €50,236 | €50,236 | = | 0.0% |
| Non-distributable reserves | 130/1 | €800 | €800 | = | 0.0% |
| Reserves not available under the articles | 1311 | €800 | €800 | = | 0.0% |
| Distributable reserves | 133 | €49,436 | €49,436 | = | 0.0% |
| Profit (loss) carried forward | 14 | €612 | €17,355 | +€16,743 | +2,734% |
| Amounts payable | 17/49 | €82,871 | €93,649 | +€10,778 | +13.0% |
| Amounts payable after more than one year | 17 | €13,485 | €40,192 | +€26,708 | +198% |
| Financial debts | 170/4 | €13,485 | €40,192 | +€26,708 | +198% |
| Amounts payable within one year | 42/48 | €69,386 | €53,456 | -€15,930 | -23.0% |
| Current portion of amounts payable after more than one year | 42 | €11,270 | €18,915 | +€7,645 | +67.8% |
| Trade debts | 44 | €21,948 | - | -€21,948 | |
| Suppliers | 440/4 | €21,948 | - | -€21,948 | |
| Taxes, remuneration and social security | 45 | €10,893 | €19,541 | +€8,648 | +79.4% |
| Taxes | 450/3 | €10,893 | €19,541 | +€8,648 | +79.4% |
| Other amounts payable | 47/48 | €25,275 | €15,000 | -€10,275 | -40.7% |
| Non-recurring operating income | 76A | - | €23,125 | +€23,125 | |
| Remuneration, social security and pensions | 62 | €321 | - | -€321 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,076 | €20,172 | +€9,096 | +82.1% |
| Other operating charges | 640/8 | €971 | €948 | -€23 | -2.4% |
| Gross operating margin | 9900 | €53,643 | €51,566 | -€2,077 | -3.9% |
| Operating profit (loss) | 9901 | €41,274 | €30,446 | -€10,828 | -26.2% |
| Financial income | 75/76B | €3,049 | €203 | -€2,846 | -93.3% |
| Recurring financial income | 75 | €3,049 | €203 | -€2,846 | -93.3% |
| Financial charges | 65/66B | €1,804 | €3,822 | +€2,018 | +112% |
| Recurring financial charges | 65 | €1,804 | €3,822 | +€2,018 | +112% |
| Profit (loss) for the period before taxes | 9903 | €42,520 | €26,827 | -€15,692 | -36.9% |
| Income taxes | 67/77 | €5,987 | €10,085 | +€4,098 | +68.4% |
| Profit (loss) for the period | 9904 | €36,533 | €16,743 | -€19,790 | -54.2% |
| Profit (loss) for the period to be appropriated | 9905 | €36,533 | €16,743 | -€19,790 | -54.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.