VANDA EXPORT: 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.
VANDA EXPORT
Largest movements
- Cash -€96,690
down €96,690 (-9.6%), from €1.0m to €905,278
mainly Trade debts (-€92,177) and Contributions, distributions and other (-€10,868)
- Trade debts -€92,177
down €92,177 (-8.9%), from €1.0m to €940,753
- Gross operating margin -€11,281
down €11,281 (-54.9%), from €20,535 to €9,254
- Taxes -€4,192
down €4,192 (-77.3%), from €5,421 to €1,229
- Financial charges +€3,870
up €3,870 (+178%), from €2,169 to €6,038
of which Financial charges: +€3,870
- Financial income -€714
down €714 (-52.6%), from €1,358 to €643
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 | €1,171,941 | €1,080,768 | -€91,172 | -7.8% |
| Current assets | 29/58 | €1,171,941 | €1,080,768 | -€91,172 | -7.8% |
| Amounts receivable within one year | 40/41 | €168,622 | €175,490 | +€6,868 | +4.1% |
| Trade receivables | 40 | €128,171 | €139,291 | +€11,120 | +8.7% |
| Other amounts receivable | 41 | €40,450 | €36,199 | -€4,252 | -10.5% |
| Cash at bank and in hand | 54/58 | €1,001,968 | €905,278 | -€96,690 | -9.6% |
| Deferred charges and accrued income | 490/1 | €1,351 | €0 | -€1,351 | -100% |
| Total equity and liabilities | 10/49 | €1,171,941 | €1,080,768 | -€91,172 | -7.8% |
| Equity | 10/15 | €138,145 | €128,825 | -€9,320 | -6.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €119,545 | €110,225 | -€9,320 | -7.8% |
| Distributable reserves | 133 | €119,545 | €110,225 | -€9,320 | -7.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,033,796 | €951,943 | -€81,852 | -7.9% |
| Amounts payable within one year | 42/48 | €1,033,796 | €951,943 | -€81,852 | -7.9% |
| Trade debts | 44 | €1,032,930 | €940,753 | -€92,177 | -8.9% |
| Suppliers | 440/4 | €1,032,930 | €940,753 | -€92,177 | -8.9% |
| Taxes, remuneration and social security | 45 | €461 | €40 | -€421 | -91.2% |
| Taxes | 450/3 | €461 | €40 | -€421 | -91.2% |
| Other amounts payable | 47/48 | €404 | €11,150 | +€10,745 | +2,657% |
| Other operating charges | 640/8 | €1,237 | €1,082 | -€154 | -12.5% |
| Non-recurring operating charges | 66A | €2,193 | €0 | -€2,193 | -100% |
| Gross operating margin | 9900 | €20,535 | €9,254 | -€11,281 | -54.9% |
| Operating profit (loss) | 9901 | €17,105 | €8,172 | -€8,934 | -52.2% |
| Financial income | 75/76B | €1,358 | €643 | -€714 | -52.6% |
| Recurring financial income | 75 | €1,358 | €643 | -€714 | -52.6% |
| Financial charges | 65/66B | €2,169 | €6,038 | +€3,870 | +178% |
| Recurring financial charges | 65 | €2,169 | €6,038 | +€3,870 | +178% |
| Non-recurring financial charges | 66B | €0 | - | = | |
| Profit (loss) for the period before taxes | 9903 | €16,295 | €2,777 | -€13,518 | -83.0% |
| Income taxes | 67/77 | €5,421 | €1,229 | -€4,192 | -77.3% |
| Profit (loss) for the period | 9904 | €10,874 | €1,548 | -€9,326 | -85.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,874 | €1,548 | -€9,326 | -85.8% |
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 24 October 2026 via checked.be.