VANDENBERGHE: 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.
VANDENBERGHE
Largest movements
- Receivables within one year -€66,347
down €66,347 (-71.5%), from €92,774 to €26,427
of which Trade receivables: -€76,714
- Tangible fixed assets +€25,867
up €25,867 (+1226.5%), from €2,109 to €27,976
of which Furniture and vehicles: +€25,867
- Stocks and contracts +€14,982
up €14,982 (+17.4%), from €85,900 to €100,882
- Cash +€11,452
up €11,452 (+57.5%), from €19,919 to €31,371
mainly Receivables within one year (+€66,347) and Trade debts (+€12,464)
- Short-term financial debts -€25,000
down €25,000 (-100.0%), from €25,000 to €0
- Trade debts +€12,464
up €12,464 (+15.9%), from €78,528 to €90,991
- Other debts -€12,207
down €12,207 (-23.6%), from €51,741 to €39,534
- Reserves +€8,902
up €8,902 (+31.8%), from €27,998 to €36,899
of which Distributable reserves: +€8,902
- Gross operating margin +€10,332
up €10,332 (+111.2%), from €9,295 to €19,627
- Other operating charges +€1,697
up €1,697 (+53.9%), from €3,150 to €4,847
- Financial charges -€1,528
down €1,528 (-29.9%), from €5,112 to €3,583
- Taxes +€1,261
new in 2024: €1,261
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €202,903 | €188,856 | -€14,047 | -6.9% |
| Fixed assets | 21/28 | €4,309 | €30,176 | +€25,867 | +600.3% |
| Tangible fixed assets | 22/27 | €2,109 | €27,976 | +€25,867 | +1226.5% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €2,109 | €27,976 | +€25,867 | +1226.5% |
| Financial fixed assets | 28 | €2,200 | €2,200 | = | 0.0% |
| Current assets | 29/58 | €198,594 | €158,680 | -€39,914 | -20.1% |
| Stocks and contracts in progress | 3 | €85,900 | €100,882 | +€14,982 | +17.4% |
| Stocks | 30/36 | €85,900 | €100,882 | +€14,982 | +17.4% |
| Amounts receivable within one year | 40/41 | €92,774 | €26,427 | -€66,347 | -71.5% |
| Trade receivables | 40 | €92,774 | €16,060 | -€76,714 | -82.7% |
| Other amounts receivable | 41 | €0 | €10,367 | +€10,367 | |
| Cash at bank and in hand | 54/58 | €19,919 | €31,371 | +€11,452 | +57.5% |
| Total equity and liabilities | 10/49 | €202,903 | €188,856 | -€14,047 | -6.9% |
| Equity | 10/15 | €46,598 | €55,499 | +€8,902 | +19.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €27,998 | €36,899 | +€8,902 | +31.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €26,138 | €35,039 | +€8,902 | +34.1% |
| Amounts payable | 17/49 | €156,305 | €133,356 | -€22,948 | -14.7% |
| Amounts payable within one year | 42/48 | €156,305 | €133,356 | -€22,948 | -14.7% |
| Financial debts | 43 | €25,000 | €0 | -€25,000 | -100.0% |
| Credit institutions | 430/8 | €25,000 | €0 | -€25,000 | -100.0% |
| Trade debts | 44 | €78,528 | €90,991 | +€12,464 | +15.9% |
| Suppliers | 440/4 | €78,528 | €90,991 | +€12,464 | +15.9% |
| Taxes, remuneration and social security | 45 | €1,036 | €2,831 | +€1,795 | +173.2% |
| Taxes | 450/3 | €1,036 | €2,831 | +€1,795 | +173.2% |
| Other amounts payable | 47/48 | €51,741 | €39,534 | -€12,207 | -23.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,033 | €1,033 | -€0 | 0.0% |
| Other operating charges | 640/8 | €3,150 | €4,847 | +€1,697 | +53.9% |
| Gross operating margin | 9900 | €9,295 | €19,627 | +€10,332 | +111.2% |
| Operating profit (loss) | 9901 | €5,112 | €13,746 | +€8,635 | +168.9% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €5,112 | €3,583 | -€1,528 | -29.9% |
| Recurring financial charges | 65 | €5,112 | €3,583 | -€1,528 | -29.9% |
| Profit (loss) for the period before taxes | 9903 | €0 | €10,163 | +€10,163 | |
| Income taxes | 67/77 | - | €1,261 | +€1,261 | |
| Profit (loss) for the period | 9904 | €0 | €8,902 | +€8,902 | |
| Profit (loss) for the period to be appropriated | 9905 | €0 | €8,902 | +€8,902 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.