VANCOLLIN: 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.
VANCOLLIN
Largest movements
- Tangible fixed assets -€10,075
down €10,075 (-3.7%), from €275,331 to €265,256
of which Land and buildings: -€9,160
- Other debts -€7,198
down €7,198 (-5.0%), from €143,983 to €136,785
- Profit (loss) carried forward -€6,020
down €6,020 (-5.2%), from -€115,352 to -€121,372
- Financial charges -€1,788
down €1,788 (-15.4%), from €11,609 to €9,821
- Other operating charges +€1,523
up €1,523 (+46.8%), from €3,258 to €4,782
- Gross operating margin +€1,365
up €1,365 (+7.7%), from €17,652 to €19,016
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 | €278,907 | €266,953 | -€11,953 | -4.3% |
| Fixed assets | 21/28 | €275,331 | €265,256 | -€10,075 | -3.7% |
| Tangible fixed assets | 22/27 | €275,331 | €265,256 | -€10,075 | -3.7% |
| Land and buildings | 22 | €270,583 | €261,423 | -€9,160 | -3.4% |
| Plant, machinery and equipment | 23 | €4,748 | €3,833 | -€916 | -19.3% |
| Current assets | 29/58 | €3,575 | €1,697 | -€1,878 | -52.5% |
| Cash at bank and in hand | 54/58 | €1,888 | €3 | -€1,885 | -99.8% |
| Deferred charges and accrued income | 490/1 | €1,687 | €1,694 | +€6 | +0.4% |
| Total equity and liabilities | 10/49 | €278,907 | €266,953 | -€11,953 | -4.3% |
| Equity | 10/15 | €130,243 | €124,223 | -€6,020 | -4.6% |
| Contributions | 10/11 | €205,253 | €205,253 | = | 0.0% |
| Capital | 10 | €205,253 | €205,253 | = | 0.0% |
| Issued capital | 100 | €205,253 | €205,253 | = | 0.0% |
| Reserves | 13 | €40,341 | €40,341 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24,541 | €24,541 | = | 0.0% |
| Legal reserve | 130 | €24,541 | €24,541 | = | 0.0% |
| Distributable reserves | 133 | €15,800 | €15,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€115,352 | -€121,372 | -€6,020 | -5.2% |
| Amounts payable | 17/49 | €148,663 | €142,730 | -€5,933 | -4.0% |
| Amounts payable within one year | 42/48 | €148,663 | €142,730 | -€5,933 | -4.0% |
| Trade debts | 44 | €862 | €2,650 | +€1,788 | +207% |
| Suppliers | 440/4 | €862 | €2,650 | +€1,788 | +207% |
| Taxes, remuneration and social security | 45 | €3,818 | €3,295 | -€523 | -13.7% |
| Taxes | 450/3 | €3,818 | €3,295 | -€523 | -13.7% |
| Other amounts payable | 47/48 | €143,983 | €136,785 | -€7,198 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,075 | €10,075 | = | 0.0% |
| Other operating charges | 640/8 | €3,258 | €4,782 | +€1,523 | +46.8% |
| Gross operating margin | 9900 | €17,652 | €19,016 | +€1,365 | +7.7% |
| Operating profit (loss) | 9901 | €4,318 | €4,159 | -€159 | -3.7% |
| Financial income | 75/76B | €0 | €1 | +€1 | +6,600% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +6,600% |
| Financial charges | 65/66B | €11,609 | €9,821 | -€1,788 | -15.4% |
| Recurring financial charges | 65 | €11,609 | €9,821 | -€1,788 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,291 | -€5,661 | +€1,630 | +22.4% |
| Income taxes | 67/77 | €349 | €359 | +€10 | +2.9% |
| Profit (loss) for the period | 9904 | -€7,640 | -€6,020 | +€1,620 | +21.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,640 | -€6,020 | +€1,620 | +21.2% |
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 14 October 2026 via checked.be.