VANCLEE: 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.
VANCLEE
Largest movements
- Tangible fixed assets +€13,414
up €13,414 (+7.5%), from €178,606 to €192,020
of which Furniture and vehicles: +€17,670
- Receivables within one year -€9,847
down €9,847 (-38.9%), from €25,296 to €15,449
of which Other amounts receivable: -€9,239
- Cash +€3,248
up €3,248 (+311.6%), from €1,043 to €4,291
mainly Other debts (+€25,382) and Depreciation (+€14,209)
- Other debts +€25,382
up €25,382 (+64.5%), from €39,380 to €64,762
- Debts after one year -€12,269
down €12,269 (-48.3%), from €25,401 to €13,132
- Tax, wage and social debts +€9,614
up €9,614 (+103.4%), from €9,294 to €18,907
of which Remuneration and social security: +€9,328
- Short-term financial debts -€6,960
down €6,960 (-20.8%), from €33,473 to €26,512
- Trade debts -€6,355
down €6,355 (-44.3%), from €14,332 to €7,977
- Gross operating margin +€11,786
up €11,786 (+30.9%), from €38,179 to €49,965
- Financial charges -€1,604
down €1,604 (-20.6%), from €7,798 to €6,194
- Depreciation -€1,388
down €1,388 (-8.9%), from €15,597 to €14,209
- Staff costs +€1,068
up €1,068 (+3.9%), from €27,646 to €28,714
- Financial income -€540
down €540 (-89.8%), from €601 to €61
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 | €219,639 | €224,943 | +€5,304 | +2.4% |
| Fixed assets | 21/28 | €180,106 | €193,520 | +€13,414 | +7.4% |
| Tangible fixed assets | 22/27 | €178,606 | €192,020 | +€13,414 | +7.5% |
| Land and buildings | 22 | €162,115 | €155,553 | -€6,563 | -4.0% |
| Plant, machinery and equipment | 23 | €4,708 | €7,015 | +€2,307 | +49.0% |
| Furniture and vehicles | 24 | €11,782 | €29,452 | +€17,670 | +150.0% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €39,533 | €31,423 | -€8,110 | -20.5% |
| Stocks and contracts in progress | 3 | €11,244 | €11,244 | = | 0.0% |
| Stocks | 30/36 | €11,244 | €11,244 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €25,296 | €15,449 | -€9,847 | -38.9% |
| Trade receivables | 40 | €15,730 | €15,122 | -€608 | -3.9% |
| Other amounts receivable | 41 | €9,567 | €327 | -€9,239 | -96.6% |
| Cash at bank and in hand | 54/58 | €1,043 | €4,291 | +€3,248 | +311.6% |
| Deferred charges and accrued income | 490/1 | €1,950 | €438 | -€1,511 | -77.5% |
| Total equity and liabilities | 10/49 | €219,639 | €224,943 | +€5,304 | +2.4% |
| Equity | 10/15 | €90,286 | €88,812 | -€1,474 | -1.6% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €18,014 | €18,014 | = | 0.0% |
| Distributable reserves | 133 | €18,014 | €18,014 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,271 | €20,798 | -€1,474 | -6.6% |
| Amounts payable | 17/49 | €129,353 | €136,131 | +€6,778 | +5.2% |
| Amounts payable after more than one year | 17 | €25,401 | €13,132 | -€12,269 | -48.3% |
| Financial debts | 170/4 | €25,401 | €13,132 | -€12,269 | -48.3% |
| Amounts payable within one year | 42/48 | €103,952 | €122,999 | +€19,047 | +18.3% |
| Current portion of amounts payable after more than one year | 42 | €7,474 | €4,840 | -€2,634 | -35.2% |
| Financial debts | 43 | €33,473 | €26,512 | -€6,960 | -20.8% |
| Other loans | 439 | €33,473 | €26,512 | -€6,960 | -20.8% |
| Trade debts | 44 | €14,332 | €7,977 | -€6,355 | -44.3% |
| Suppliers | 440/4 | €14,332 | €7,977 | -€6,355 | -44.3% |
| Taxes, remuneration and social security | 45 | €9,294 | €18,907 | +€9,614 | +103.4% |
| Taxes | 450/3 | €2,614 | €2,900 | +€286 | +10.9% |
| Remuneration and social security | 454/9 | €6,680 | €16,008 | +€9,328 | +139.6% |
| Other amounts payable | 47/48 | €39,380 | €64,762 | +€25,382 | +64.5% |
| Non-recurring operating income | 76A | - | €1,595 | +€1,595 | |
| Remuneration, social security and pensions | 62 | €27,646 | €28,714 | +€1,068 | +3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,597 | €14,209 | -€1,388 | -8.9% |
| Other operating charges | 640/8 | €2,665 | €2,327 | -€338 | -12.7% |
| Gross operating margin | 9900 | €38,179 | €49,965 | +€11,786 | +30.9% |
| Operating profit (loss) | 9901 | -€7,729 | €4,714 | +€12,444 | |
| Financial income | 75/76B | €601 | €61 | -€540 | -89.8% |
| Recurring financial income | 75 | €601 | €61 | -€540 | -89.8% |
| Financial charges | 65/66B | €7,798 | €6,194 | -€1,604 | -20.6% |
| Recurring financial charges | 65 | €7,798 | €6,194 | -€1,604 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | -€14,926 | -€1,418 | +€13,508 | +90.5% |
| Income taxes | 67/77 | €222 | €55 | -€166 | -75.0% |
| Profit (loss) for the period | 9904 | -€15,148 | -€1,474 | +€13,674 | +90.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,148 | -€1,474 | +€13,674 | +90.3% |
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 12 October 2026 via checked.be.