VANBETHA: 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.
VANBETHA
Largest movements
- Receivables after one year -€10,829
down €10,829 (-56.6%), from €19,133 to €8,304
- Tangible fixed assets +€10,488
up €10,488 (+99.5%), from €10,537 to €21,024
of which Furniture and vehicles: +€16,859
- Receivables within one year +€5,106
up €5,106 (+5.6%), from €90,422 to €95,528
of which Other amounts receivable: +€24,566
- Cash -€2,288
no longer reported in 2024 (was €2,288)
mainly Investment in fixed assets (net) (-€19,464) and Net result for the year (-€16,450)
- Profit (loss) carried forward -€16,450
down €16,450 (-31.5%), from €52,257 to €35,807
- Short-term financial debts +€9,886
new in 2024: €9,886
- Current portion of long-term debt +€5,179
up €5,179 (+61.3%), from €8,452 to €13,632
- Debts after one year +€3,690
up €3,690 (+22.8%), from €16,195 to €19,885
- Trade debts +€1,470
up €1,470 (+11.5%), from €12,836 to €14,306
- Gross operating margin -€53,108
down €53,108 (-87.6%), from €60,624 to €7,516
- Taxes -€12,655
no longer reported in 2024 (was €12,655)
- Financial charges +€4,058
up €4,058 (+46.2%), from €8,775 to €12,833
- Depreciation +€2,731
up €2,731 (+43.7%), from €6,245 to €8,976
- Financial income +€2,017
up €2,017 (+259.7%), from €777 to €2,794
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €122,446 | €124,949 | +€2,503 | +2.0% |
| Fixed assets | 21/28 | €10,587 | €21,074 | +€10,488 | +99.1% |
| Tangible fixed assets | 22/27 | €10,537 | €21,024 | +€10,488 | +99.5% |
| Plant, machinery and equipment | 23 | €3,599 | €1,939 | -€1,660 | -46.1% |
| Furniture and vehicles | 24 | - | €16,859 | +€16,859 | |
| Leasing and similar rights | 25 | €6,938 | €2,227 | -€4,711 | -67.9% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €111,860 | €103,875 | -€7,985 | -7.1% |
| Amounts receivable after more than one year | 29 | €19,133 | €8,304 | -€10,829 | -56.6% |
| Other amounts receivable | 291 | €19,133 | €8,304 | -€10,829 | -56.6% |
| Amounts receivable within one year | 40/41 | €90,422 | €95,528 | +€5,106 | +5.6% |
| Trade receivables | 40 | €51,646 | €32,186 | -€19,460 | -37.7% |
| Other amounts receivable | 41 | €38,776 | €63,342 | +€24,566 | +63.4% |
| Cash at bank and in hand | 54/58 | €2,288 | - | -€2,288 | |
| Deferred charges and accrued income | 490/1 | €18 | €43 | +€25 | +142.4% |
| Total equity and liabilities | 10/49 | €122,446 | €124,949 | +€2,503 | +2.0% |
| Equity | 10/15 | €61,306 | €44,856 | -€16,450 | -26.8% |
| Contributions | 10/11 | €691 | €691 | = | 0.0% |
| Reserves | 13 | €8,358 | €8,358 | = | 0.0% |
| Distributable reserves | 133 | €8,358 | €8,358 | = | 0.0% |
| Profit (loss) carried forward | 14 | €52,257 | €35,807 | -€16,450 | -31.5% |
| Amounts payable | 17/49 | €61,140 | €80,093 | +€18,953 | +31.0% |
| Amounts payable after more than one year | 17 | €16,195 | €19,885 | +€3,690 | +22.8% |
| Financial debts | 170/4 | €16,195 | €19,885 | +€3,690 | +22.8% |
| Amounts payable within one year | 42/48 | €44,945 | €60,208 | +€15,263 | +34.0% |
| Current portion of amounts payable after more than one year | 42 | €8,452 | €13,632 | +€5,179 | +61.3% |
| Financial debts | 43 | - | €9,886 | +€9,886 | |
| Credit institutions | 430/8 | - | €9,886 | +€9,886 | |
| Trade debts | 44 | €12,836 | €14,306 | +€1,470 | +11.5% |
| Suppliers | 440/4 | €12,836 | €14,306 | +€1,470 | +11.5% |
| Taxes, remuneration and social security | 45 | €23,657 | €22,384 | -€1,273 | -5.4% |
| Taxes | 450/3 | €15,142 | €12,917 | -€2,225 | -14.7% |
| Remuneration and social security | 454/9 | €8,515 | €9,467 | +€952 | +11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,245 | €8,976 | +€2,731 | +43.7% |
| Other operating charges | 640/8 | €5,927 | €4,951 | -€976 | -16.5% |
| Gross operating margin | 9900 | €60,624 | €7,516 | -€53,108 | -87.6% |
| Operating profit (loss) | 9901 | €48,451 | -€6,411 | -€54,862 | |
| Financial income | 75/76B | €777 | €2,794 | +€2,017 | +259.7% |
| Recurring financial income | 75 | €777 | €2,794 | +€2,017 | +259.7% |
| Financial charges | 65/66B | €8,775 | €12,833 | +€4,058 | +46.2% |
| Recurring financial charges | 65 | €8,775 | €12,833 | +€4,058 | +46.2% |
| Profit (loss) for the period before taxes | 9903 | €40,453 | -€16,450 | -€56,903 | |
| Income taxes | 67/77 | €12,655 | - | -€12,655 | |
| Profit (loss) for the period | 9904 | €27,798 | -€16,450 | -€44,248 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,798 | -€16,450 | -€44,248 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.