VANCLE: 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.
VANCLE
Largest movements
- Receivables within one year -€10,689
down €10,689 (-43.0%), from €24,842 to €14,153
of which Trade receivables: -€15,743
- Tangible fixed assets -€6,355
down €6,355 (-42.8%), from €14,841 to €8,487
of which Furniture and vehicles: -€4,833
- Cash -€5,965
down €5,965 (-63.9%), from €9,338 to €3,373
mainly Trade debts (-€16,345) and Net result for the year (-€7,482)
- Stocks and contracts -€1,389
down €1,389 (-57.9%), from €2,399 to €1,010
- Deferred charges and accrued income +€913
new in 2025: €913
- Trade debts -€16,345
down €16,345 (-83.0%), from €19,694 to €3,349
- Profit (loss) carried forward -€7,482
new in 2025: -€7,482
- Gross operating margin -€19,030
down €19,030 (-87.6%), from €21,713 to €2,683
- Other operating charges -€989
down €989 (-40.3%), from €2,454 to €1,465
- Financial charges +€905
up €905 (+190%), from €476 to €1,382
- Taxes -€698
down €698 (-77.1%), from €905 to €207
- Depreciation +€334
up €334 (+4.9%), from €6,821 to €7,155
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 | €52,381 | €28,896 | -€23,485 | -44.8% |
| Fixed assets | 21/28 | €15,801 | €9,447 | -€6,355 | -40.2% |
| Tangible fixed assets | 22/27 | €14,841 | €8,487 | -€6,355 | -42.8% |
| Land and buildings | 22 | €606 | €315 | -€291 | -48.0% |
| Plant, machinery and equipment | 23 | €5,237 | €4,007 | -€1,230 | -23.5% |
| Furniture and vehicles | 24 | €8,998 | €4,165 | -€4,833 | -53.7% |
| Financial fixed assets | 28 | €960 | €960 | = | 0.0% |
| Current assets | 29/58 | €36,580 | €19,449 | -€17,131 | -46.8% |
| Stocks and contracts in progress | 3 | €2,399 | €1,010 | -€1,389 | -57.9% |
| Stocks | 30/36 | €2,399 | €1,010 | -€1,389 | -57.9% |
| Amounts receivable within one year | 40/41 | €24,842 | €14,153 | -€10,689 | -43.0% |
| Trade receivables | 40 | €18,916 | €3,174 | -€15,743 | -83.2% |
| Other amounts receivable | 41 | €5,926 | €10,979 | +€5,053 | +85.3% |
| Cash at bank and in hand | 54/58 | €9,338 | €3,373 | -€5,965 | -63.9% |
| Deferred charges and accrued income | 490/1 | - | €913 | +€913 | |
| Total equity and liabilities | 10/49 | €52,381 | €28,896 | -€23,485 | -44.8% |
| Equity | 10/15 | €30,390 | €22,908 | -€7,482 | -24.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €24,190 | €24,190 | = | 0.0% |
| Non-distributable reserves | 130/1 | €449 | €449 | = | 0.0% |
| Reserves not available under the articles | 1311 | €449 | €449 | = | 0.0% |
| Distributable reserves | 133 | €23,741 | €23,741 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€7,482 | -€7,482 | |
| Amounts payable | 17/49 | €21,991 | €5,988 | -€16,003 | -72.8% |
| Amounts payable within one year | 42/48 | €21,991 | €5,988 | -€16,003 | -72.8% |
| Trade debts | 44 | €19,694 | €3,349 | -€16,345 | -83.0% |
| Suppliers | 440/4 | €19,694 | €3,349 | -€16,345 | -83.0% |
| Taxes, remuneration and social security | 45 | €2,297 | €2,639 | +€342 | +14.9% |
| Taxes | 450/3 | €2,297 | €2,639 | +€342 | +14.9% |
| Non-recurring operating income | 76A | €19,958 | - | -€19,958 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,821 | €7,155 | +€334 | +4.9% |
| Other operating charges | 640/8 | €2,454 | €1,465 | -€989 | -40.3% |
| Non-recurring operating charges | 66A | €1,174 | - | -€1,174 | |
| Gross operating margin | 9900 | €21,713 | €2,683 | -€19,030 | -87.6% |
| Operating profit (loss) | 9901 | €11,265 | -€5,937 | -€17,202 | |
| Financial income | 75/76B | €6 | €44 | +€38 | +677% |
| Recurring financial income | 75 | €6 | €44 | +€38 | +677% |
| Financial charges | 65/66B | €476 | €1,382 | +€905 | +190% |
| Recurring financial charges | 65 | €476 | €1,382 | +€905 | +190% |
| Profit (loss) for the period before taxes | 9903 | €10,795 | -€7,275 | -€18,069 | |
| Income taxes | 67/77 | €905 | €207 | -€698 | -77.1% |
| Profit (loss) for the period | 9904 | €9,889 | -€7,482 | -€17,371 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,889 | -€7,482 | -€17,371 |
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 16 October 2026 via checked.be.