VANANDRUEL: 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.
VANANDRUEL
Largest movements
- Receivables within one year -€25,731
down €25,731 (-86.7%), from €29,693 to €3,962
of which Trade receivables: -€25,824
- Cash -€6,490
down €6,490 (-44.3%), from €14,663 to €8,172
mainly Advances received (-€21,643) and Trade debts (-€6,232)
- Financial fixed assets +€3,000
new in 2025: €3,000
- Advances received -€21,643
down €21,643 (-99.7%), from €21,702 to €58
- Trade debts -€6,232
down €6,232 (-62.6%), from €9,954 to €3,722
- Tax, wage and social debts +€4,395
up €4,395 (+104%), from €4,232 to €8,628
of which Taxes: +€2,460
- Other debts -€4,294
down €4,294 (-90.6%), from €4,738 to €444
- Profit (loss) carried forward -€1,447
down €1,447 (-83.7%), from €1,730 to €282
- Staff costs +€13,677
up €13,677 (+142%), from €9,608 to €23,285
- Gross operating margin +€10,477
up €10,477 (+91.8%), from €11,419 to €21,896
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 | €44,355 | €15,134 | -€29,221 | -65.9% |
| Fixed assets | 21/28 | - | €3,000 | +€3,000 | |
| Financial fixed assets | 28 | - | €3,000 | +€3,000 | |
| Current assets | 29/58 | €44,355 | €12,134 | -€32,221 | -72.6% |
| Amounts receivable within one year | 40/41 | €29,693 | €3,962 | -€25,731 | -86.7% |
| Trade receivables | 40 | €29,490 | €3,666 | -€25,824 | -87.6% |
| Other amounts receivable | 41 | €202 | €296 | +€94 | +46.5% |
| Cash at bank and in hand | 54/58 | €14,663 | €8,172 | -€6,490 | -44.3% |
| Total equity and liabilities | 10/49 | €44,355 | €15,134 | -€29,221 | -65.9% |
| Equity | 10/15 | €3,730 | €2,282 | -€1,447 | -38.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,730 | €282 | -€1,447 | -83.7% |
| Amounts payable | 17/49 | €40,626 | €12,852 | -€27,774 | -68.4% |
| Amounts payable within one year | 42/48 | €40,626 | €12,852 | -€27,774 | -68.4% |
| Trade debts | 44 | €9,954 | €3,722 | -€6,232 | -62.6% |
| Suppliers | 440/4 | €9,954 | €3,722 | -€6,232 | -62.6% |
| Advances received on contracts in progress | 46 | €21,702 | €58 | -€21,643 | -99.7% |
| Taxes, remuneration and social security | 45 | €4,232 | €8,628 | +€4,395 | +104% |
| Taxes | 450/3 | - | €2,460 | +€2,460 | |
| Remuneration and social security | 454/9 | €4,232 | €6,168 | +€1,936 | +45.7% |
| Other amounts payable | 47/48 | €4,738 | €444 | -€4,294 | -90.6% |
| Remuneration, social security and pensions | 62 | €9,608 | €23,285 | +€13,677 | +142% |
| Gross operating margin | 9900 | €11,419 | €21,896 | +€10,477 | +91.8% |
| Operating profit (loss) | 9901 | €1,811 | -€1,388 | -€3,200 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €82 | €59 | -€23 | -27.9% |
| Recurring financial charges | 65 | €82 | €59 | -€23 | -27.9% |
| Profit (loss) for the period before taxes | 9903 | €1,730 | -€1,447 | -€3,177 | |
| Profit (loss) for the period | 9904 | €1,730 | -€1,447 | -€3,177 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,730 | -€1,447 | -€3,177 |
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 17 October 2026 via checked.be.