Vanalphen: 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.
Vanalphen
Largest movements
- Cash -€5,082
down €5,082 (-9.8%), from €51,658 to €46,575
mainly Trade debts (-€15,242) and Investment in fixed assets (net) (-€5,398)
- Tangible fixed assets -€1,891
down €1,891 (-10.3%), from €18,366 to €16,474
of which Other tangible fixed assets: -€3,346
- Trade debts -€15,242
down €15,242 (-66.9%), from €22,786 to €7,544
- Reserves +€4,399
up €4,399 (+12.3%), from €35,652 to €40,051
- Other debts +€2,765
up €2,765 (+44.6%), from €6,201 to €8,966
- Gross operating margin +€5,021
up €5,021 (+39.3%), from €12,791 to €17,811
- Financial charges +€1,518
up €1,518 (+72.0%), from €2,110 to €3,628
- Taxes +€996
up €996 (+85.0%), from €1,172 to €2,167
- Other operating charges -€420
down €420 (-42.1%), from €999 to €579
- Financial income +€252
new in 2025: €252
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 | €79,029 | €71,741 | -€7,288 | -9.2% |
| Fixed assets | 21/28 | €18,366 | €16,474 | -€1,891 | -10.3% |
| Tangible fixed assets | 22/27 | €18,366 | €16,474 | -€1,891 | -10.3% |
| Plant, machinery and equipment | 23 | €102 | €1,393 | +€1,291 | +1267.7% |
| Furniture and vehicles | 24 | €3,359 | €3,522 | +€163 | +4.9% |
| Other tangible fixed assets | 26 | €14,905 | €11,559 | -€3,346 | -22.4% |
| Current assets | 29/58 | €60,663 | €55,267 | -€5,396 | -8.9% |
| Stocks and contracts in progress | 3 | €5,643 | €5,686 | +€43 | +0.8% |
| Stocks | 30/36 | €5,643 | €5,686 | +€43 | +0.8% |
| Contracts in progress | 37 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €2,615 | €2,280 | -€335 | -12.8% |
| Trade receivables | 40 | €0 | €416 | +€416 | |
| Other amounts receivable | 41 | €2,615 | €1,864 | -€751 | -28.7% |
| Cash at bank and in hand | 54/58 | €51,658 | €46,575 | -€5,082 | -9.8% |
| Deferred charges and accrued income | 490/1 | €747 | €726 | -€21 | -2.9% |
| Total equity and liabilities | 10/49 | €79,029 | €71,741 | -€7,288 | -9.2% |
| Equity | 10/15 | €48,052 | €52,451 | +€4,399 | +9.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €35,652 | €40,051 | +€4,399 | +12.3% |
| Distributable reserves | 133 | €35,652 | €40,051 | +€4,399 | +12.3% |
| Amounts payable | 17/49 | €30,977 | €19,290 | -€11,687 | -37.7% |
| Amounts payable within one year | 42/48 | €30,977 | €19,290 | -€11,687 | -37.7% |
| Financial debts | 43 | €49 | €171 | +€122 | +248.4% |
| Other loans | 439 | €49 | €171 | +€122 | +248.4% |
| Trade debts | 44 | €22,786 | €7,544 | -€15,242 | -66.9% |
| Suppliers | 440/4 | €22,786 | €7,544 | -€15,242 | -66.9% |
| Taxes, remuneration and social security | 45 | €1,941 | €2,609 | +€668 | +34.4% |
| Taxes | 450/3 | €1,941 | €2,609 | +€668 | +34.4% |
| Other amounts payable | 47/48 | €6,201 | €8,966 | +€2,765 | +44.6% |
| Non-recurring operating income | 76A | €165 | €2,479 | +€2,314 | +1400.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,282 | €7,290 | +€7 | +0.1% |
| Other operating charges | 640/8 | €999 | €579 | -€420 | -42.1% |
| Gross operating margin | 9900 | €12,791 | €17,811 | +€5,021 | +39.3% |
| Operating profit (loss) | 9901 | €4,509 | €9,943 | +€5,434 | +120.5% |
| Financial income | 75/76B | - | €252 | +€252 | |
| Recurring financial income | 75 | - | €252 | +€252 | |
| Financial charges | 65/66B | €2,110 | €3,628 | +€1,518 | +72.0% |
| Recurring financial charges | 65 | €2,110 | €3,628 | +€1,518 | +72.0% |
| Profit (loss) for the period before taxes | 9903 | €2,399 | €6,567 | +€4,167 | +173.7% |
| Income taxes | 67/77 | €1,172 | €2,167 | +€996 | +85.0% |
| Profit (loss) for the period | 9904 | €1,228 | €4,399 | +€3,172 | +258.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,228 | €4,399 | +€3,172 | +258.3% |
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 8 October 2026 via checked.be.