VANASSCHE Firefighting Engineering: 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.
What changed
VANASSCHE Firefighting Engineering
NACE 28.299, Manufacture of machinery and equipment not elsewhere classified
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€489,461
2024 · -€274,343+€763,804
Equity
€9.0m
2024 · €8.5m+€489,461
Cash
€2.2m
2024 · €751,321+€1.4m
Balance sheet total
€13.6m
2024 · €13.8m-€234,672
Largest movements
Assets
- Cash +€1.4m
up €1.4m (+187.0%), from €751,321 to €2.2m
mainly Stocks and contracts (+€1.2m) and Trade debts (+€661,716)
- Stocks and contracts -€1.2m
down €1.2m (-14.6%), from €8.5m to €7.3m
of which Stocks: -€865,216
- Receivables within one year -€316,485
down €316,485 (-10.6%), from €3.0m to €2.7m
of which Other amounts receivable: -€249,829
Equity and liabilities
- Debts after one year -€1.6m
down €1.6m (-60.7%), from €2.6m to €1.0m
- Trade debts +€661,716
up €661,716 (+35.9%), from €1.8m to €2.5m
- Reserves +€489,461
up €489,461 (+5.9%), from €8.4m to €8.9m
of which Distributable reserves: +€489,461
- Other debts +€186,916
up €186,916 (+44.5%), from €420,193 to €607,109
Income statement
- Turnover -€4.1m
down €4.1m (-18.1%), from €22.9m to €18.7m
- Goods and materials -€4.1m
down €4.1m (-23.0%), from €17.7m to €13.6m
of which Purchases: -€6.1m
- Staff costs -€2.2m
down €2.2m (-45.4%), from €4.9m to €2.7m
- Services and other goods -€457,804
down €457,804 (-26.3%), from €1.7m to €1.3m
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.
Result 2024
-€274,343
Turnover
-€4.1m
Other operating income
-€28,149
Goods and materials
+€4.1m
Services and other goods
+€457,804
Staff costs
+€2.2m
Depreciation
+€142,380
Write-downs
+€102,089
Other operating charges
+€21,354
Other operating items
-€2.0m
Financial income
-€55,094
Financial charges
+€122,993
Taxes
-€188,024
Result 2025
€489,461
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.
From operations
+€3.0m
Investment
+€227
Financing
-€1.6m
Cash 2024
€751,321
From operations (derived)
+€3.0m
Net result for the year
+€489,461
Depreciation
+€164,249
Stocks and contracts
+€1.2m
Receivables within one year
+€316,485
Deferred charges and accrued income
-€89,559
Trade debts
+€661,716
Tax, wage and social debts
-€4,467
Other debts
+€186,916
Accrued charges and deferred income
+€21,702
Investment (derived)
+€227
Investment in fixed assets (net)
+€227
Financing
-€1.6m
Debts after one year
-€1.6m
Cash 2025
€2.2m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,835,109 | €13,600,437 | -€234,672 | -1.7% |
| Fixed assets | 21/28 | €1,529,967 | €1,365,492 | -€164,475 | -10.8% |
| Tangible fixed assets | 22/27 | €885,620 | €760,395 | -€125,225 | -14.1% |
| Land and buildings | 22 | €453,627 | €394,791 | -€58,836 | -13.0% |
| Plant, machinery and equipment | 23 | €295,542 | €271,403 | -€24,139 | -8.2% |
| Furniture and vehicles | 24 | €131,730 | €90,088 | -€41,642 | -31.6% |
| Other tangible fixed assets | 26 | €4,721 | €4,112 | -€608 | -12.9% |
| Financial fixed assets | 28 | €644,347 | €605,097 | -€39,250 | -6.1% |
| Other financial fixed assets | 284/8 | €644,347 | €605,097 | -€39,250 | -6.1% |
| Amounts receivable and cash guarantees | 285/8 | €644,347 | €605,097 | -€39,250 | -6.1% |
| Current assets | 29/58 | €12,305,142 | €12,234,945 | -€70,197 | -0.6% |
| Stocks and contracts in progress | 3 | €8,536,683 | €7,288,661 | -€1.2m | -14.6% |
| Stocks | 30/36 | €6,003,867 | €5,138,651 | -€865,216 | -14.4% |
| Raw materials and consumables | 30/31 | €6,003,867 | €5,138,651 | -€865,216 | -14.4% |
| Contracts in progress | 37 | €2,532,815 | €2,150,010 | -€382,805 | -15.1% |
| Amounts receivable within one year | 40/41 | €2,995,143 | €2,678,658 | -€316,485 | -10.6% |
| Trade receivables | 40 | €2,733,835 | €2,667,179 | -€66,656 | -2.4% |
| Other amounts receivable | 41 | €261,307 | €11,479 | -€249,829 | -95.6% |
| Cash at bank and in hand | 54/58 | €751,321 | €2,156,072 | +€1.4m | +187.0% |
| Deferred charges and accrued income | 490/1 | €21,996 | €111,555 | +€89,559 | +407.2% |
| Total equity and liabilities | 10/49 | €13,835,109 | €13,600,437 | -€234,672 | -1.7% |
| Equity | 10/15 | €8,537,704 | €9,027,165 | +€489,461 | +5.7% |
| Contributions | 10/11 | €175,010 | €175,010 | = | 0.0% |
| Capital | 10 | €175,010 | €175,010 | = | 0.0% |
| Issued capital | 100 | €175,010 | €175,010 | = | 0.0% |
| Reserves | 13 | €8,362,694 | €8,852,154 | +€489,461 | +5.9% |
| Non-distributable reserves | 130/1 | €17,501 | €17,501 | = | 0.0% |
| Legal reserve | 130 | €17,501 | €17,501 | = | 0.0% |
| Tax-exempt reserves | 132 | €15,013 | €15,013 | = | 0.0% |
| Distributable reserves | 133 | €8,330,180 | €8,819,641 | +€489,461 | +5.9% |
| Amounts payable | 17/49 | €5,297,405 | €4,573,272 | -€724,133 | -13.7% |
| Amounts payable after more than one year | 17 | €2,620,000 | €1,030,000 | -€1.6m | -60.7% |
| Financial debts | 170/4 | €2,620,000 | €1,030,000 | -€1.6m | -60.7% |
| Other loans | 174 | €2,620,000 | €1,030,000 | -€1.6m | -60.7% |
| Amounts payable within one year | 42/48 | €2,653,137 | €3,497,302 | +€844,165 | +31.8% |
| Trade debts | 44 | €1,842,653 | €2,504,369 | +€661,716 | +35.9% |
| Suppliers | 440/4 | €1,842,653 | €2,504,369 | +€661,716 | +35.9% |
| Taxes, remuneration and social security | 45 | €390,290 | €385,824 | -€4,467 | -1.1% |
| Taxes | 450/3 | €12,436 | €64,102 | +€51,665 | +415.4% |
| Remuneration and social security | 454/9 | €377,854 | €321,722 | -€56,132 | -14.9% |
| Other amounts payable | 47/48 | €420,193 | €607,109 | +€186,916 | +44.5% |
| Accrued charges and deferred income | 492/3 | €24,269 | €45,971 | +€21,702 | +89.4% |
| Operating income | 70/76A | €24,534,744 | €18,407,600 | -€6.1m | -25.0% |
| Turnover | 70 | €22,851,406 | €18,704,366 | -€4.1m | -18.1% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €1,594,444 | -€382,805 | -€2.0m | |
| Other operating income | 74 | €70,462 | €42,313 | -€28,149 | -39.9% |
| Non-recurring operating income | 76A | €18,433 | €43,726 | +€25,294 | +137.2% |
| Operating charges | 60/66A | €24,749,633 | €17,738,560 | -€7.0m | -28.3% |
| Goods for resale, raw materials and consumables | 60 | €17,670,729 | €13,609,512 | -€4.1m | -23.0% |
| Purchases | 600/8 | €18,797,577 | €12,681,453 | -€6.1m | -32.5% |
| Change in stocks: decrease (increase) | 609 | -€1,126,848 | €928,059 | +€2.1m | |
| Services and other goods | 61 | €1,739,229 | €1,281,425 | -€457,804 | -26.3% |
| Remuneration, social security and pensions | 62 | €4,902,181 | €2,675,951 | -€2.2m | -45.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €306,629 | €164,249 | -€142,380 | -46.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €39,246 | -€62,843 | -€102,089 | |
| Other operating charges | 640/8 | €91,620 | €70,266 | -€21,354 | -23.3% |
| Operating profit (loss) | 9901 | -€214,889 | €669,039 | +€883,928 | |
| Financial income | 75/76B | €97,979 | €42,885 | -€55,094 | -56.2% |
| Recurring financial income | 75 | €97,979 | €42,885 | -€55,094 | -56.2% |
| Income from financial fixed assets | 750 | €4,862 | €1,329 | -€3,533 | -72.7% |
| Income from current assets | 751 | €14,723 | €2,056 | -€12,667 | -86.0% |
| Other financial income | 752/9 | €78,394 | €39,500 | -€38,894 | -49.6% |
| Financial charges | 65/66B | €155,085 | €32,092 | -€122,993 | -79.3% |
| Recurring financial charges | 65 | €155,085 | €32,092 | -€122,993 | -79.3% |
| Debt charges | 650 | €103,179 | €24,306 | -€78,873 | -76.4% |
| Other financial charges | 652/9 | €51,906 | €7,786 | -€44,120 | -85.0% |
| Profit (loss) for the period before taxes | 9903 | -€271,995 | €679,832 | +€951,827 | |
| Income taxes | 67/77 | €2,348 | €190,371 | +€188,024 | +8009.4% |
| Taxes | 670/3 | €2,348 | €190,371 | +€188,024 | +8009.4% |
| Profit (loss) for the period | 9904 | -€274,343 | €489,461 | +€763,804 | |
| Profit (loss) for the period to be appropriated | 9905 | -€274,343 | €489,461 | +€763,804 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.