VANDEBON SOLUTIONS: 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.
VANDEBON SOLUTIONS
Largest movements
- Cash -€28,179
down €28,179 (-25.8%), from €109,081 to €80,902
mainly Contributions, distributions and other (-€33,941) and Investment in fixed assets (net) (-€20,681)
- Receivables within one year +€15,739
up €15,739 (+66.5%), from €23,684 to €39,424
of which Trade receivables: +€15,739
- Current investments +€9,999
up €9,999 (+10.0%), from €99,999 to €109,998
- Tangible fixed assets +€7,746
up €7,746 (+30.6%), from €25,336 to €33,082
of which Other tangible fixed assets: +€11,406
- Deferred charges and accrued income +€4,839
new in 2025: €4,839
- Other debts +€18,970
up €18,970 (+27.1%), from €69,906 to €88,875
- Reserves -€8,384
down €8,384 (-5.4%), from €156,063 to €147,679
- Financial income +€1,654
up €1,654 (+142%), from €1,164 to €2,817
- Depreciation +€813
up €813 (+6.7%), from €12,122 to €12,935
- Taxes -€757
down €757 (-6.4%), from €11,742 to €10,984
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 | €258,100 | €268,245 | +€10,144 | +3.9% |
| Fixed assets | 21/28 | €25,336 | €33,082 | +€7,746 | +30.6% |
| Tangible fixed assets | 22/27 | €25,336 | €33,082 | +€7,746 | +30.6% |
| Furniture and vehicles | 24 | €7,558 | €3,898 | -€3,660 | -48.4% |
| Other tangible fixed assets | 26 | €17,777 | €29,184 | +€11,406 | +64.2% |
| Current assets | 29/58 | €232,765 | €235,163 | +€2,398 | +1.0% |
| Amounts receivable within one year | 40/41 | €23,684 | €39,424 | +€15,739 | +66.5% |
| Trade receivables | 40 | €20,077 | €35,816 | +€15,739 | +78.4% |
| Other amounts receivable | 41 | €3,608 | €3,608 | = | 0.0% |
| Current investments | 50/53 | €99,999 | €109,998 | +€9,999 | +10.0% |
| Cash at bank and in hand | 54/58 | €109,081 | €80,902 | -€28,179 | -25.8% |
| Deferred charges and accrued income | 490/1 | - | €4,839 | +€4,839 | |
| Total equity and liabilities | 10/49 | €258,100 | €268,245 | +€10,144 | +3.9% |
| Equity | 10/15 | €170,231 | €161,848 | -€8,384 | -4.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €156,063 | €147,679 | -€8,384 | -5.4% |
| Distributable reserves | 133 | €156,063 | €147,679 | -€8,384 | -5.4% |
| Profit (loss) carried forward | 14 | €7,969 | €7,969 | = | 0.0% |
| Amounts payable | 17/49 | €87,869 | €106,397 | +€18,528 | +21.1% |
| Amounts payable within one year | 42/48 | €87,869 | €106,397 | +€18,528 | +21.1% |
| Trade debts | 44 | €2,493 | €656 | -€1,837 | -73.7% |
| Suppliers | 440/4 | €2,493 | €656 | -€1,837 | -73.7% |
| Taxes, remuneration and social security | 45 | €15,470 | €16,866 | +€1,395 | +9.0% |
| Taxes | 450/3 | €15,470 | €16,866 | +€1,395 | +9.0% |
| Other amounts payable | 47/48 | €69,906 | €88,875 | +€18,970 | +27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,122 | €12,935 | +€813 | +6.7% |
| Other operating charges | 640/8 | €1,596 | €1,467 | -€129 | -8.1% |
| Gross operating margin | 9900 | €53,349 | €52,836 | -€513 | -1.0% |
| Operating profit (loss) | 9901 | €39,631 | €38,434 | -€1,197 | -3.0% |
| Financial income | 75/76B | €1,164 | €2,817 | +€1,654 | +142% |
| Recurring financial income | 75 | €1,164 | €2,817 | +€1,654 | +142% |
| Financial charges | 65/66B | €5,050 | €4,710 | -€341 | -6.7% |
| Recurring financial charges | 65 | €5,050 | €4,710 | -€341 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €35,744 | €36,542 | +€798 | +2.2% |
| Income taxes | 67/77 | €11,742 | €10,984 | -€757 | -6.4% |
| Profit (loss) for the period | 9904 | €24,002 | €25,557 | +€1,555 | +6.5% |
| Profit (loss) for the period to be appropriated | 9905 | €24,002 | €25,557 | +€1,555 | +6.5% |
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 20 October 2026 via checked.be.