VANBEN: 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.
VANBEN
Largest movements
- Tangible fixed assets -€29,045
down €29,045 (-96.4%), from €30,140 to €1,095
of which Other tangible fixed assets: -€24,259
- Stocks and contracts -€12,500
down €12,500 (-100.0%), from €12,500 to €0
- Cash +€7,428
up €7,428 (+368.5%), from €2,016 to €9,443
mainly Investment in fixed assets (net) (+€26,573) and Other debts (+€17,195)
- Receivables within one year -€3,886
down €3,886 (-54.7%), from €7,104 to €3,218
of which Other amounts receivable: -€2,956
- Deferred charges and accrued income -€1,489
down €1,489 (-100.0%), from €1,489 to €0
- Profit (loss) carried forward -€48,382
down €48,382 (-17.1%), from -€283,269 to -€331,651
- Other debts +€17,195
up €17,195 (+8.9%), from €192,497 to €209,692
- Accrued charges and deferred income -€6,315
down €6,315 (-100.0%), from €6,315 to €0
- Trade debts -€3,372
down €3,372 (-43.9%), from €7,683 to €4,311
- Short-term financial debts +€1,935
up €1,935, from €0 to €1,935
- Staff costs -€11,883
down €11,883, from €11,438 to -€445
- Depreciation -€6,074
down €6,074 (-68.7%), from €8,846 to €2,772
- Other operating charges -€5,390
down €5,390 (-57.5%), from €9,379 to €3,989
- Financial charges +€1,641
up €1,641 (+133.3%), from €1,232 to €2,873
- Gross operating margin +€1,525
up €1,525 (+10.4%), from -€14,608 to -€13,084
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 | €53,998 | €14,205 | -€39,792 | -73.7% |
| Fixed assets | 21/28 | €30,889 | €1,544 | -€29,345 | -95.0% |
| Intangible fixed assets | 21 | €500 | €200 | -€300 | -60.0% |
| Tangible fixed assets | 22/27 | €30,140 | €1,095 | -€29,045 | -96.4% |
| Plant, machinery and equipment | 23 | €4,667 | €877 | -€3,790 | -81.2% |
| Furniture and vehicles | 24 | €1,214 | €218 | -€996 | -82.1% |
| Other tangible fixed assets | 26 | €24,259 | €0 | -€24,259 | -100.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €23,108 | €12,661 | -€10,447 | -45.2% |
| Stocks and contracts in progress | 3 | €12,500 | €0 | -€12,500 | -100.0% |
| Stocks | 30/36 | €12,500 | €0 | -€12,500 | -100.0% |
| Amounts receivable within one year | 40/41 | €7,104 | €3,218 | -€3,886 | -54.7% |
| Trade receivables | 40 | €3,954 | €3,024 | -€930 | -23.5% |
| Other amounts receivable | 41 | €3,150 | €194 | -€2,956 | -93.8% |
| Cash at bank and in hand | 54/58 | €2,016 | €9,443 | +€7,428 | +368.5% |
| Deferred charges and accrued income | 490/1 | €1,489 | €0 | -€1,489 | -100.0% |
| Total equity and liabilities | 10/49 | €53,998 | €14,205 | -€39,792 | -73.7% |
| Equity | 10/15 | -€161,819 | -€210,201 | -€48,382 | -29.9% |
| Contributions | 10/11 | €19,500 | €19,500 | = | 0.0% |
| Reserves | 13 | €101,950 | €101,950 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,950 | €1,950 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,950 | €1,950 | = | 0.0% |
| Distributable reserves | 133 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€283,269 | -€331,651 | -€48,382 | -17.1% |
| Amounts payable | 17/49 | €215,817 | €224,406 | +€8,590 | +4.0% |
| Amounts payable within one year | 42/48 | €209,502 | €224,406 | +€14,905 | +7.1% |
| Financial debts | 43 | €0 | €1,935 | +€1,935 | |
| Credit institutions | 430/8 | €0 | €1,935 | +€1,935 | |
| Trade debts | 44 | €7,683 | €4,311 | -€3,372 | -43.9% |
| Suppliers | 440/4 | €7,683 | €4,311 | -€3,372 | -43.9% |
| Taxes, remuneration and social security | 45 | €9,322 | €8,469 | -€853 | -9.2% |
| Taxes | 450/3 | €6,283 | €7,502 | +€1,219 | +19.4% |
| Remuneration and social security | 454/9 | €3,039 | €966 | -€2,072 | -68.2% |
| Other amounts payable | 47/48 | €192,497 | €209,692 | +€17,195 | +8.9% |
| Accrued charges and deferred income | 492/3 | €6,315 | €0 | -€6,315 | -100.0% |
| Remuneration, social security and pensions | 62 | €11,438 | -€445 | -€11,883 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,846 | €2,772 | -€6,074 | -68.7% |
| Other operating charges | 640/8 | €9,379 | €3,989 | -€5,390 | -57.5% |
| Non-recurring operating charges | 66A | - | €26,473 | +€26,473 | |
| Gross operating margin | 9900 | -€14,608 | -€13,084 | +€1,525 | +10.4% |
| Operating profit (loss) | 9901 | -€44,271 | -€45,872 | -€1,601 | -3.6% |
| Financial income | 75/76B | €16 | €364 | +€348 | +2164.8% |
| Recurring financial income | 75 | €16 | €364 | +€348 | +2164.8% |
| Financial charges | 65/66B | €1,232 | €2,873 | +€1,641 | +133.3% |
| Recurring financial charges | 65 | €1,232 | €2,873 | +€1,641 | +133.3% |
| Profit (loss) for the period before taxes | 9903 | -€45,487 | -€48,382 | -€2,895 | -6.4% |
| Profit (loss) for the period | 9904 | -€45,487 | -€48,382 | -€2,895 | -6.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€45,487 | -€48,382 | -€2,895 | -6.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.