VANCO FRUIT: 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.
VANCO FRUIT
Largest movements
- Tangible fixed assets +€82,638
up €82,638 (+43.6%), from €189,686 to €272,324
of which Leasing and similar rights: +€88,891
- Stocks and contracts +€72,537
up €72,537 (+130.9%), from €55,400 to €127,937
- Current investments -€44,235
down €44,235 (-44.2%), from €100,000 to €55,765
- Cash +€12,092
up €12,092 (+53.5%), from €22,620 to €34,711
mainly Debts after one year (+€74,951) and Net result for the year (+€61,404)
- Debts after one year +€74,951
up €74,951 (+71.8%), from €104,371 to €179,322
- Reserves +€61,384
up €61,384 (+41.8%), from €146,916 to €208,300
of which Distributable reserves: +€61,600
- Trade debts -€27,678
down €27,678 (-40.2%), from €68,782 to €41,104
- Tax, wage and social debts +€23,184
up €23,184 (+250.1%), from €9,271 to €32,454
of which Taxes: +€13,905
- Other debts -€19,374
down €19,374 (-96.0%), from €20,180 to €805
- Staff costs +€36,684
up €36,684 (+30.3%), from €121,043 to €157,727
- Gross operating margin +€24,907
up €24,907 (+9.6%), from €259,194 to €284,101
- Taxes -€9,309
down €9,309 (-29.3%), from €31,820 to €22,511
- Depreciation +€4,785
up €4,785 (+17.3%), from €27,624 to €32,409
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 | €418,471 | €540,738 | +€122,266 | +29.2% |
| Fixed assets | 21/28 | €190,088 | €272,693 | +€82,605 | +43.5% |
| Intangible fixed assets | 21 | €251 | €205 | -€47 | -18.6% |
| Tangible fixed assets | 22/27 | €189,686 | €272,324 | +€82,638 | +43.6% |
| Land and buildings | 22 | €161,131 | €161,295 | +€164 | +0.1% |
| Plant, machinery and equipment | 23 | €7,258 | €4,106 | -€3,152 | -43.4% |
| Furniture and vehicles | 24 | €14,826 | €11,561 | -€3,265 | -22.0% |
| Leasing and similar rights | 25 | €6,471 | €95,362 | +€88,891 | +1373.6% |
| Financial fixed assets | 28 | €151 | €165 | +€13 | +8.8% |
| Current assets | 29/58 | €228,383 | €268,044 | +€39,661 | +17.4% |
| Amounts receivable after more than one year | 29 | €3,186 | €731 | -€2,455 | -77.1% |
| Other amounts receivable | 291 | €3,186 | €731 | -€2,455 | -77.1% |
| Stocks and contracts in progress | 3 | €55,400 | €127,937 | +€72,537 | +130.9% |
| Stocks | 30/36 | €55,400 | €127,937 | +€72,537 | +130.9% |
| Amounts receivable within one year | 40/41 | €44,794 | €47,004 | +€2,210 | +4.9% |
| Trade receivables | 40 | €30,603 | €39,301 | +€8,698 | +28.4% |
| Other amounts receivable | 41 | €14,191 | €7,703 | -€6,488 | -45.7% |
| Current investments | 50/53 | €100,000 | €55,765 | -€44,235 | -44.2% |
| Cash at bank and in hand | 54/58 | €22,620 | €34,711 | +€12,092 | +53.5% |
| Deferred charges and accrued income | 490/1 | €2,383 | €1,896 | -€487 | -20.4% |
| Total equity and liabilities | 10/49 | €418,471 | €540,738 | +€122,266 | +29.2% |
| Equity | 10/15 | €181,959 | €243,363 | +€61,404 | +33.7% |
| Contributions | 10/11 | €35,000 | €35,000 | = | 0.0% |
| Reserves | 13 | €146,916 | €208,300 | +€61,384 | +41.8% |
| Tax-exempt reserves | 132 | €216 | €0 | -€216 | -100.0% |
| Distributable reserves | 133 | €146,700 | €208,300 | +€61,600 | +42.0% |
| Profit (loss) carried forward | 14 | €43 | €63 | +€20 | +46.6% |
| Provisions and deferred taxes | 16 | €54 | €0 | -€54 | -100.0% |
| Deferred taxes | 168 | €54 | €0 | -€54 | -100.0% |
| Amounts payable | 17/49 | €236,458 | €297,374 | +€60,916 | +25.8% |
| Amounts payable after more than one year | 17 | €104,371 | €179,322 | +€74,951 | +71.8% |
| Financial debts | 170/4 | €104,371 | €179,322 | +€74,951 | +71.8% |
| Amounts payable within one year | 42/48 | €126,182 | €104,238 | -€21,944 | -17.4% |
| Current portion of amounts payable after more than one year | 42 | €27,950 | €27,848 | -€102 | -0.4% |
| Financial debts | 43 | - | €2,027 | +€2,027 | |
| Credit institutions | 430/8 | - | €2,027 | +€2,027 | |
| Trade debts | 44 | €68,782 | €41,104 | -€27,678 | -40.2% |
| Suppliers | 440/4 | €68,782 | €41,104 | -€27,678 | -40.2% |
| Taxes, remuneration and social security | 45 | €9,271 | €32,454 | +€23,184 | +250.1% |
| Taxes | 450/3 | €8,122 | €22,028 | +€13,905 | +171.2% |
| Remuneration and social security | 454/9 | €1,148 | €10,427 | +€9,278 | +808.1% |
| Other amounts payable | 47/48 | €20,180 | €805 | -€19,374 | -96.0% |
| Accrued charges and deferred income | 492/3 | €5,905 | €13,814 | +€7,909 | +133.9% |
| Remuneration, social security and pensions | 62 | €121,043 | €157,727 | +€36,684 | +30.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,624 | €32,409 | +€4,785 | +17.3% |
| Other operating charges | 640/8 | €2,580 | €2,951 | +€371 | +14.4% |
| Gross operating margin | 9900 | €259,194 | €284,101 | +€24,907 | +9.6% |
| Operating profit (loss) | 9901 | €107,946 | €91,014 | -€16,933 | -15.7% |
| Financial income | 75/76B | €0 | €2,608 | +€2,608 | |
| Recurring financial income | 75 | €0 | €2,608 | +€2,608 | |
| Financial charges | 65/66B | €8,190 | €9,761 | +€1,571 | +19.2% |
| Recurring financial charges | 65 | €8,190 | €9,761 | +€1,571 | +19.2% |
| Profit (loss) for the period before taxes | 9903 | €99,757 | €83,861 | -€15,895 | -15.9% |
| Transfer from deferred taxes | 780 | €54 | €54 | = | 0.0% |
| Income taxes | 67/77 | €31,820 | €22,511 | -€9,309 | -29.3% |
| Profit (loss) for the period | 9904 | €67,991 | €61,404 | -€6,586 | -9.7% |
| Transfer from tax-exempt reserves | 789 | €216 | €216 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €68,207 | €61,620 | -€6,586 | -9.7% |
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 11 October 2026 via checked.be.