VANBEVER: 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.
VANBEVER
Largest movements
- Receivables within one year +€103,888
up €103,888 (+115.8%), from €89,701 to €193,589
of which Trade receivables: +€103,758
- Tangible fixed assets -€47,132
down €47,132 (-15.9%), from €295,649 to €248,517
of which Furniture and vehicles: -€24,140
- Cash -€20,096
down €20,096 (-62.0%), from €32,429 to €12,333
mainly Receivables within one year (-€103,888) and Debts after one year (-€53,383)
- Intangible fixed assets -€14,481
down €14,481 (-13.6%), from €106,190 to €91,709
- Stocks and contracts -€10,713
down €10,713 (-6.4%), from €167,622 to €156,909
- Debts after one year -€53,383
down €53,383 (-16.3%), from €327,970 to €274,587
- Trade debts +€45,706
up €45,706 (+29.1%), from €157,063 to €202,769
- Profit (loss) carried forward +€12,599
up €12,599 (+228.7%), from €5,510 to €18,109
- Turnover +€127,717
up €127,717 (+10.3%), from €1.2m to €1.4m
- Gross operating margin +€66,271
up €66,271 (+35.5%), from €186,430 to €252,701
- Financial income -€65,350
no longer reported in 2025 (was €65,350)
of which Financial income: -€65,350
- Purchases and services +€61,447
up €61,447 (+5.8%), from €1.1m to €1.1m
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 | €697,866 | €707,514 | +€9,648 | +1.4% |
| Fixed assets | 21/28 | €401,839 | €340,226 | -€61,613 | -15.3% |
| Intangible fixed assets | 21 | €106,190 | €91,709 | -€14,481 | -13.6% |
| Tangible fixed assets | 22/27 | €295,649 | €248,517 | -€47,132 | -15.9% |
| Plant, machinery and equipment | 23 | €147,899 | €127,920 | -€19,979 | -13.5% |
| Furniture and vehicles | 24 | €141,811 | €117,671 | -€24,140 | -17.0% |
| Leasing and similar rights | 25 | €5,939 | €2,926 | -€3,013 | -50.7% |
| Current assets | 29/58 | €296,027 | €367,288 | +€71,261 | +24.1% |
| Stocks and contracts in progress | 3 | €167,622 | €156,909 | -€10,713 | -6.4% |
| Stocks | 30/36 | €167,622 | €156,909 | -€10,713 | -6.4% |
| Amounts receivable within one year | 40/41 | €89,701 | €193,589 | +€103,888 | +115.8% |
| Trade receivables | 40 | €86,561 | €190,319 | +€103,758 | +119.9% |
| Other amounts receivable | 41 | €3,140 | €3,270 | +€130 | +4.1% |
| Cash at bank and in hand | 54/58 | €32,429 | €12,333 | -€20,096 | -62.0% |
| Deferred charges and accrued income | 490/1 | €6,275 | €4,457 | -€1,818 | -29.0% |
| Total equity and liabilities | 10/49 | €697,866 | €707,514 | +€9,648 | +1.4% |
| Equity | 10/15 | €25,970 | €38,569 | +€12,599 | +48.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,510 | €18,109 | +€12,599 | +228.7% |
| Amounts payable | 17/49 | €671,896 | €668,945 | -€2,951 | -0.4% |
| Amounts payable after more than one year | 17 | €327,970 | €274,587 | -€53,383 | -16.3% |
| Financial debts | 170/4 | €327,970 | €274,587 | -€53,383 | -16.3% |
| Amounts payable within one year | 42/48 | €343,926 | €394,358 | +€50,432 | +14.7% |
| Current portion of amounts payable after more than one year | 42 | €76,795 | €78,383 | +€1,588 | +2.1% |
| Trade debts | 44 | €157,063 | €202,769 | +€45,706 | +29.1% |
| Suppliers | 440/4 | €157,063 | €202,769 | +€45,706 | +29.1% |
| Taxes, remuneration and social security | 45 | €35,356 | €36,644 | +€1,288 | +3.6% |
| Taxes | 450/3 | €12,025 | €11,244 | -€781 | -6.5% |
| Remuneration and social security | 454/9 | €23,331 | €25,400 | +€2,069 | +8.9% |
| Other amounts payable | 47/48 | €74,712 | €76,562 | +€1,850 | +2.5% |
| Turnover | 70 | €1,243,259 | €1,370,976 | +€127,717 | +10.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,056,828 | €1,118,275 | +€61,447 | +5.8% |
| Remuneration, social security and pensions | 62 | €163,808 | €154,883 | -€8,925 | -5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,694 | €61,613 | +€3,919 | +6.8% |
| Other operating charges | 640/8 | €8,738 | €9,344 | +€606 | +6.9% |
| Gross operating margin | 9900 | €186,430 | €252,701 | +€66,271 | +35.5% |
| Operating profit (loss) | 9901 | -€43,810 | €26,861 | +€70,671 | |
| Financial income | 75/76B | €65,350 | - | -€65,350 | |
| Recurring financial income | 75 | €65,350 | - | -€65,350 | |
| Non-recurring financial income | 76B | €65,350 | - | -€65,350 | |
| Financial charges | 65/66B | €16,416 | €14,262 | -€2,154 | -13.1% |
| Recurring financial charges | 65 | €16,416 | €14,262 | -€2,154 | -13.1% |
| Profit (loss) for the period before taxes | 9903 | €5,124 | €12,599 | +€7,475 | +145.9% |
| Profit (loss) for the period | 9904 | €5,124 | €12,599 | +€7,475 | +145.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,124 | €12,599 | +€7,475 | +145.9% |
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 7 October 2026 via checked.be.