VANCOILLIE TECHNICS: 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.
VANCOILLIE TECHNICS
Largest movements
- Receivables after one year -€75,000
no longer reported in 2025 (was €75,000)
- Tangible fixed assets +€53,114
up €53,114 (+113%), from €46,822 to €99,936
of which Leasing and similar rights: +€58,404
- Cash +€31,881
up €31,881 (+64.4%), from €49,499 to €81,380
mainly Debts after one year (+€122,832) and Receivables after one year (+€75,000)
- Receivables within one year +€11,539
up €11,539 (+18.5%), from €62,476 to €74,015
of which Trade receivables: +€18,509
- Deferred charges and accrued income +€3,542
up €3,542 (+33.1%), from €10,701 to €14,243
- Other debts -€155,115
down €155,115 (-91.2%), from €170,000 to €14,885
- Debts after one year +€122,832
new in 2025: €122,832
- Reserves +€70,341
up €70,341 (+514%), from €13,698 to €84,039
- Tax, wage and social debts -€18,004
down €18,004 (-58.7%), from €30,681 to €12,677
- Current portion of long-term debt +€4,185
up €4,185 (+47.0%), from €8,895 to €13,081
- Gross operating margin +€52,126
up €52,126 (+89.8%), from €58,054 to €110,179
- Taxes +€8,767
up €8,767 (+108%), from €8,120 to €16,887
- Depreciation +€2,424
up €2,424 (+11.9%), from €20,300 to €22,724
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 | €244,498 | €269,574 | +€25,076 | +10.3% |
| Fixed assets | 21/28 | €46,822 | €99,936 | +€53,114 | +113% |
| Tangible fixed assets | 22/27 | €46,822 | €99,936 | +€53,114 | +113% |
| Plant, machinery and equipment | 23 | €22,710 | €19,079 | -€3,631 | -16.0% |
| Furniture and vehicles | 24 | €4,167 | €3,174 | -€994 | -23.8% |
| Leasing and similar rights | 25 | €7,308 | €65,711 | +€58,404 | +799% |
| Other tangible fixed assets | 26 | €12,637 | €11,972 | -€665 | -5.3% |
| Current assets | 29/58 | €197,676 | €169,639 | -€28,038 | -14.2% |
| Amounts receivable after more than one year | 29 | €75,000 | - | -€75,000 | |
| Other amounts receivable | 291 | €75,000 | - | -€75,000 | |
| Amounts receivable within one year | 40/41 | €62,476 | €74,015 | +€11,539 | +18.5% |
| Trade receivables | 40 | €55,506 | €74,015 | +€18,509 | +33.3% |
| Other amounts receivable | 41 | €6,970 | - | -€6,970 | |
| Cash at bank and in hand | 54/58 | €49,499 | €81,380 | +€31,881 | +64.4% |
| Deferred charges and accrued income | 490/1 | €10,701 | €14,243 | +€3,542 | +33.1% |
| Total equity and liabilities | 10/49 | €244,498 | €269,574 | +€25,076 | +10.3% |
| Equity | 10/15 | €17,698 | €88,039 | +€70,341 | +397% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €13,698 | €84,039 | +€70,341 | +514% |
| Distributable reserves | 133 | €13,698 | €84,039 | +€70,341 | +514% |
| Amounts payable | 17/49 | €226,801 | €181,535 | -€45,265 | -20.0% |
| Amounts payable after more than one year | 17 | - | €122,832 | +€122,832 | |
| Financial debts | 170/4 | - | €122,832 | +€122,832 | |
| Amounts payable within one year | 42/48 | €226,801 | €58,703 | -€168,097 | -74.1% |
| Current portion of amounts payable after more than one year | 42 | €8,895 | €13,081 | +€4,185 | +47.0% |
| Trade debts | 44 | €17,224 | €18,060 | +€836 | +4.9% |
| Suppliers | 440/4 | €17,224 | €18,060 | +€836 | +4.9% |
| Taxes, remuneration and social security | 45 | €30,681 | €12,677 | -€18,004 | -58.7% |
| Taxes | 450/3 | €30,681 | €12,677 | -€18,004 | -58.7% |
| Other amounts payable | 47/48 | €170,000 | €14,885 | -€155,115 | -91.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,300 | €22,724 | +€2,424 | +11.9% |
| Other operating charges | 640/8 | €303 | €506 | +€204 | +67.3% |
| Gross operating margin | 9900 | €58,054 | €110,179 | +€52,126 | +89.8% |
| Operating profit (loss) | 9901 | €37,451 | €86,949 | +€49,498 | +132% |
| Financial income | 75/76B | €1,670 | €1,092 | -€578 | -34.6% |
| Recurring financial income | 75 | €1,670 | €1,092 | -€578 | -34.6% |
| Financial charges | 65/66B | €264 | €813 | +€549 | +208% |
| Recurring financial charges | 65 | €264 | €813 | +€549 | +208% |
| Profit (loss) for the period before taxes | 9903 | €38,857 | €87,228 | +€48,371 | +124% |
| Income taxes | 67/77 | €8,120 | €16,887 | +€8,767 | +108% |
| Profit (loss) for the period | 9904 | €30,737 | €70,341 | +€39,604 | +129% |
| Profit (loss) for the period to be appropriated | 9905 | €30,737 | €70,341 | +€39,604 | +129% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.