VANALLEMEERSCH: 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.
VANALLEMEERSCH
Largest movements
- Receivables within one year -€106,713
down €106,713 (-60.2%), from €177,119 to €70,406
of which Trade receivables: -€91,046
- Tangible fixed assets -€48,150
down €48,150 (-10.7%), from €449,214 to €401,064
of which Furniture and vehicles: -€32,717
- Stocks and contracts +€45,000
up €45,000 (+900%), from €5,000 to €50,000
- Cash +€40,358
up €40,358 (+12.1%), from €334,866 to €375,224
mainly Receivables within one year (+€106,713) and Net result for the year (+€95,609)
- Current investments +€35,000
up €35,000 (+159%), from €22,000 to €57,000
- Other debts -€58,231
down €58,231 (-34.4%), from €169,269 to €111,038
- Reserves +€42,508
up €42,508 (+9.8%), from €432,678 to €475,186
of which Distributable reserves: +€45,548
- Debts after one year -€29,459
down €29,459 (-11.2%), from €262,467 to €233,009
- Trade debts +€28,338
up €28,338 (+94.1%), from €30,112 to €58,451
- Staff costs +€27,489
up €27,489 (+10.2%), from €270,339 to €297,829
- Gross operating margin +€8,837
up €8,837 (+1.7%), from €509,313 to €518,150
- Depreciation -€6,490
down €6,490 (-8.9%), from €73,179 to €66,688
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 | €996,716 | €968,721 | -€27,995 | -2.8% |
| Fixed assets | 21/28 | €449,214 | €401,064 | -€48,150 | -10.7% |
| Tangible fixed assets | 22/27 | €449,214 | €401,064 | -€48,150 | -10.7% |
| Land and buildings | 22 | €277,267 | €266,848 | -€10,418 | -3.8% |
| Plant, machinery and equipment | 23 | €77,542 | €77,420 | -€122 | -0.2% |
| Furniture and vehicles | 24 | €82,661 | €49,944 | -€32,717 | -39.6% |
| Other tangible fixed assets | 26 | €11,744 | €6,852 | -€4,892 | -41.7% |
| Current assets | 29/58 | €547,502 | €567,656 | +€20,154 | +3.7% |
| Stocks and contracts in progress | 3 | €5,000 | €50,000 | +€45,000 | +900% |
| Contracts in progress | 37 | €5,000 | €50,000 | +€45,000 | +900% |
| Amounts receivable within one year | 40/41 | €177,119 | €70,406 | -€106,713 | -60.2% |
| Trade receivables | 40 | €148,515 | €57,469 | -€91,046 | -61.3% |
| Other amounts receivable | 41 | €28,604 | €12,937 | -€15,668 | -54.8% |
| Current investments | 50/53 | €22,000 | €57,000 | +€35,000 | +159% |
| Cash at bank and in hand | 54/58 | €334,866 | €375,224 | +€40,358 | +12.1% |
| Deferred charges and accrued income | 490/1 | €8,516 | €15,027 | +€6,510 | +76.4% |
| Total equity and liabilities | 10/49 | €996,716 | €968,721 | -€27,995 | -2.8% |
| Equity | 10/15 | €472,678 | €515,186 | +€42,508 | +9.0% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €432,678 | €475,186 | +€42,508 | +9.8% |
| Non-distributable reserves | 130/1 | €10,700 | €10,700 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,700 | €10,700 | = | 0.0% |
| Tax-exempt reserves | 132 | €32,672 | €29,632 | -€3,040 | -9.3% |
| Distributable reserves | 133 | €389,306 | €434,854 | +€45,548 | +11.7% |
| Provisions and deferred taxes | 16 | €8,168 | €7,408 | -€760 | -9.3% |
| Deferred taxes | 168 | €8,168 | €7,408 | -€760 | -9.3% |
| Amounts payable | 17/49 | €515,870 | €446,127 | -€69,743 | -13.5% |
| Amounts payable after more than one year | 17 | €262,467 | €233,009 | -€29,459 | -11.2% |
| Financial debts | 170/4 | €262,467 | €233,009 | -€29,459 | -11.2% |
| Amounts payable within one year | 42/48 | €247,830 | €206,937 | -€40,893 | -16.5% |
| Current portion of amounts payable after more than one year | 42 | €32,741 | €29,459 | -€3,282 | -10.0% |
| Trade debts | 44 | €30,112 | €58,451 | +€28,338 | +94.1% |
| Suppliers | 440/4 | €30,112 | €58,451 | +€28,338 | +94.1% |
| Taxes, remuneration and social security | 45 | €15,708 | €7,990 | -€7,718 | -49.1% |
| Taxes | 450/3 | €11,288 | €3,870 | -€7,419 | -65.7% |
| Remuneration and social security | 454/9 | €4,419 | €4,120 | -€300 | -6.8% |
| Other amounts payable | 47/48 | €169,269 | €111,038 | -€58,231 | -34.4% |
| Accrued charges and deferred income | 492/3 | €5,573 | €6,181 | +€609 | +10.9% |
| Remuneration, social security and pensions | 62 | €270,339 | €297,829 | +€27,489 | +10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,179 | €66,688 | -€6,490 | -8.9% |
| Other operating charges | 640/8 | €6,648 | €8,465 | +€1,817 | +27.3% |
| Gross operating margin | 9900 | €509,313 | €518,150 | +€8,837 | +1.7% |
| Operating profit (loss) | 9901 | €159,148 | €145,168 | -€13,979 | -8.8% |
| Financial income | 75/76B | €633 | €3,837 | +€3,204 | +506% |
| Recurring financial income | 75 | €633 | €3,837 | +€3,204 | +506% |
| Financial charges | 65/66B | €14,567 | €14,328 | -€239 | -1.6% |
| Recurring financial charges | 65 | €14,567 | €14,328 | -€239 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €145,213 | €134,677 | -€10,536 | -7.3% |
| Transfer from deferred taxes | 780 | €760 | €760 | = | 0.0% |
| Income taxes | 67/77 | €44,214 | €39,828 | -€4,386 | -9.9% |
| Profit (loss) for the period | 9904 | €101,759 | €95,609 | -€6,151 | -6.0% |
| Transfer from tax-exempt reserves | 789 | €3,040 | €3,040 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €104,799 | €98,649 | -€6,151 | -5.9% |
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.