VANCOLEN KRIS: 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.
VANCOLEN KRIS
Largest movements
- Cash -€8,037
down €8,037 (-3.6%), from €222,096 to €214,060
mainly Tax, wage and social debts (-€45,517) and Deferred charges and accrued income (-€4,338)
- Deferred charges and accrued income +€4,338
up €4,338 (+435%), from €998 to €5,336
- Tangible fixed assets -€4,311
down €4,311 (-41.9%), from €10,276 to €5,966
of which Furniture and vehicles: -€4,506
- Tax, wage and social debts -€45,517
down €45,517 (-81.8%), from €55,677 to €10,160
- Reserves +€38,650
up €38,650 (+22.4%), from €172,487 to €211,137
- Gross operating margin -€12,319
down €12,319 (-17.4%), from €70,940 to €58,622
- Taxes -€3,175
down €3,175 (-16.9%), from €18,796 to €15,621
- Financial income +€1,641
up €1,641 (+478%), from €343 to €1,985
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 | €233,370 | €225,362 | -€8,009 | -3.4% |
| Fixed assets | 21/28 | €10,276 | €5,966 | -€4,311 | -41.9% |
| Tangible fixed assets | 22/27 | €10,276 | €5,966 | -€4,311 | -41.9% |
| Plant, machinery and equipment | 23 | €1,169 | €743 | -€426 | -36.5% |
| Furniture and vehicles | 24 | €9,107 | €4,601 | -€4,506 | -49.5% |
| Other tangible fixed assets | 26 | - | €622 | +€622 | |
| Current assets | 29/58 | €223,094 | €219,396 | -€3,698 | -1.7% |
| Cash at bank and in hand | 54/58 | €222,096 | €214,060 | -€8,037 | -3.6% |
| Deferred charges and accrued income | 490/1 | €998 | €5,336 | +€4,338 | +435% |
| Total equity and liabilities | 10/49 | €233,370 | €225,362 | -€8,009 | -3.4% |
| Equity | 10/15 | €174,995 | €213,647 | +€38,653 | +22.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €172,487 | €211,137 | +€38,650 | +22.4% |
| Distributable reserves | 133 | €172,487 | €211,137 | +€38,650 | +22.4% |
| Profit (loss) carried forward | 14 | €8 | €10 | +€3 | +35.2% |
| Amounts payable | 17/49 | €58,376 | €11,714 | -€46,662 | -79.9% |
| Amounts payable within one year | 42/48 | €58,376 | €11,714 | -€46,662 | -79.9% |
| Trade debts | 44 | €1,231 | €707 | -€524 | -42.6% |
| Suppliers | 440/4 | €1,231 | €707 | -€524 | -42.6% |
| Taxes, remuneration and social security | 45 | €55,677 | €10,160 | -€45,517 | -81.8% |
| Taxes | 450/3 | €55,677 | €10,160 | -€45,517 | -81.8% |
| Other amounts payable | 47/48 | €1,468 | €848 | -€621 | -42.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,023 | €4,932 | -€91 | -1.8% |
| Other operating charges | 640/8 | €655 | €1,183 | +€528 | +80.6% |
| Gross operating margin | 9900 | €70,940 | €58,622 | -€12,319 | -17.4% |
| Operating profit (loss) | 9901 | €65,262 | €52,507 | -€12,756 | -19.5% |
| Financial income | 75/76B | €343 | €1,985 | +€1,641 | +478% |
| Recurring financial income | 75 | €343 | €1,985 | +€1,641 | +478% |
| Financial charges | 65/66B | €251 | €218 | -€34 | -13.4% |
| Recurring financial charges | 65 | €251 | €218 | -€34 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €65,354 | €54,274 | -€11,081 | -17.0% |
| Income taxes | 67/77 | €18,796 | €15,621 | -€3,175 | -16.9% |
| Profit (loss) for the period | 9904 | €46,558 | €38,653 | -€7,906 | -17.0% |
| Profit (loss) for the period to be appropriated | 9905 | €46,558 | €38,653 | -€7,906 | -17.0% |
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 30 October 2026 via checked.be.