VANBEVEREN: 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.
VANBEVEREN
Largest movements
- Cash +€16,411
up €16,411 (+38.3%), from €42,805 to €59,216
mainly Depreciation (+€28,466) and Advances received (+€20,073)
- Tangible fixed assets -€13,885
down €13,885 (-6.0%), from €232,024 to €218,138
of which Land and buildings: -€25,626
- Receivables within one year +€13,589
up €13,589 (+85.4%), from €15,912 to €29,500
of which Trade receivables: +€11,705
- Stocks and contracts -€8,312
down €8,312 (-3.9%), from €211,858 to €203,547
- Advances received +€20,073
new in 2025: €20,073
- Debts after one year -€17,313
down €17,313 (-7.6%), from €228,792 to €211,479
of which Financial debts: -€17,313
- Trade debts -€15,559
down €15,559 (-24.3%), from €63,979 to €48,420
- Profit (loss) carried forward +€14,963
up €14,963 (+16.9%), from €88,447 to €103,410
- Other debts +€14,520
up €14,520 (+30.9%), from €47,032 to €61,552
- Gross operating margin +€23,139
up €23,139 (+48.7%), from €47,519 to €70,658
- Other operating charges +€2,930
up €2,930 (+46.9%), from €6,253 to €9,183
- Financial charges +€2,684
up €2,684 (+36.5%), from €7,361 to €10,045
- Taxes +€2,602
up €2,602 (+74.8%), from €3,476 to €6,078
- Depreciation +€708
up €708 (+2.5%), from €27,758 to €28,466
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 | €504,360 | €511,833 | +€7,473 | +1.5% |
| Fixed assets | 21/28 | €233,034 | €219,148 | -€13,885 | -6.0% |
| Tangible fixed assets | 22/27 | €232,024 | €218,138 | -€13,885 | -6.0% |
| Land and buildings | 22 | €228,151 | €202,526 | -€25,626 | -11.2% |
| Plant, machinery and equipment | 23 | €3,872 | €2,890 | -€982 | -25.4% |
| Furniture and vehicles | 24 | - | €12,723 | +€12,723 | |
| Financial fixed assets | 28 | €1,010 | €1,010 | = | 0.0% |
| Current assets | 29/58 | €271,327 | €292,685 | +€21,358 | +7.9% |
| Stocks and contracts in progress | 3 | €211,858 | €203,547 | -€8,312 | -3.9% |
| Stocks | 30/36 | €211,858 | €203,547 | -€8,312 | -3.9% |
| Amounts receivable within one year | 40/41 | €15,912 | €29,500 | +€13,589 | +85.4% |
| Trade receivables | 40 | €12,443 | €24,147 | +€11,705 | +94.1% |
| Other amounts receivable | 41 | €3,469 | €5,353 | +€1,884 | +54.3% |
| Cash at bank and in hand | 54/58 | €42,805 | €59,216 | +€16,411 | +38.3% |
| Deferred charges and accrued income | 490/1 | €752 | €422 | -€330 | -43.9% |
| Total equity and liabilities | 10/49 | €504,360 | €511,833 | +€7,473 | +1.5% |
| Equity | 10/15 | €96,318 | €111,280 | +€14,963 | +15.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,670 | €1,670 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,670 | €1,670 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,670 | €1,670 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,447 | €103,410 | +€14,963 | +16.9% |
| Amounts payable | 17/49 | €408,043 | €400,553 | -€7,490 | -1.8% |
| Amounts payable after more than one year | 17 | €228,792 | €211,479 | -€17,313 | -7.6% |
| Financial debts | 170/4 | €178,792 | €161,479 | -€17,313 | -9.7% |
| Other amounts payable | 178/9 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €179,251 | €185,987 | +€6,736 | +3.8% |
| Current portion of amounts payable after more than one year | 42 | €22,110 | €17,313 | -€4,798 | -21.7% |
| Financial debts | 43 | €28,295 | €27,045 | -€1,250 | -4.4% |
| Credit institutions | 430/8 | €28,295 | €27,045 | -€1,250 | -4.4% |
| Trade debts | 44 | €63,979 | €48,420 | -€15,559 | -24.3% |
| Suppliers | 440/4 | €63,979 | €48,420 | -€15,559 | -24.3% |
| Advances received on contracts in progress | 46 | - | €20,073 | +€20,073 | |
| Taxes, remuneration and social security | 45 | €17,834 | €11,583 | -€6,251 | -35.0% |
| Taxes | 450/3 | €17,834 | €11,583 | -€6,251 | -35.0% |
| Other amounts payable | 47/48 | €47,032 | €61,552 | +€14,520 | +30.9% |
| Accrued charges and deferred income | 492/3 | - | €3,087 | +€3,087 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,758 | €28,466 | +€708 | +2.5% |
| Other operating charges | 640/8 | €6,253 | €9,183 | +€2,930 | +46.9% |
| Non-recurring operating charges | 66A | - | €1,950 | +€1,950 | |
| Gross operating margin | 9900 | €47,519 | €70,658 | +€23,139 | +48.7% |
| Operating profit (loss) | 9901 | €13,507 | €31,059 | +€17,551 | +130% |
| Financial income | 75/76B | €108 | €27 | -€81 | -74.8% |
| Recurring financial income | 75 | €108 | €27 | -€81 | -74.8% |
| Financial charges | 65/66B | €7,361 | €10,045 | +€2,684 | +36.5% |
| Recurring financial charges | 65 | €7,361 | €10,045 | +€2,684 | +36.5% |
| Profit (loss) for the period before taxes | 9903 | €6,255 | €21,041 | +€14,786 | +236% |
| Income taxes | 67/77 | €3,476 | €6,078 | +€2,602 | +74.8% |
| Profit (loss) for the period | 9904 | €2,778 | €14,963 | +€12,185 | +439% |
| Profit (loss) for the period to be appropriated | 9905 | €2,778 | €14,963 | +€12,185 | +439% |
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 13 October 2026 via checked.be.