VANDENDRIESSCHE: 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.
VANDENDRIESSCHE
Largest movements
- Tangible fixed assets +€44,140
up €44,140 (+4.5%), from €973,795 to €1.0m
- Other debts +€73,023
up €73,023 (+24.1%), from €302,823 to €375,845
- Profit (loss) carried forward -€28,974
down €28,974 (-17.4%), from €166,998 to €138,024
- Gross operating margin +€6,888
up €6,888 (+150%), from €4,603 to €11,491
- Depreciation +€5,121
up €5,121 (+20.2%), from €25,295 to €30,416
- Other operating charges +€140
up €140 (+2.9%), from €4,776 to €4,916
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 | €975,461 | €1,018,653 | +€43,192 | +4.4% |
| Fixed assets | 21/28 | €973,795 | €1,017,934 | +€44,140 | +4.5% |
| Tangible fixed assets | 22/27 | €973,795 | €1,017,934 | +€44,140 | +4.5% |
| Land and buildings | 22 | €973,795 | €1,017,934 | +€44,140 | +4.5% |
| Current assets | 29/58 | €1,667 | €719 | -€948 | -56.9% |
| Cash at bank and in hand | 54/58 | €299 | €719 | +€420 | +140% |
| Deferred charges and accrued income | 490/1 | €1,368 | €0 | -€1,368 | -100% |
| Total equity and liabilities | 10/49 | €975,461 | €1,018,653 | +€43,192 | +4.4% |
| Equity | 10/15 | €670,976 | €642,002 | -€28,974 | -4.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €485,378 | €485,378 | = | 0.0% |
| Distributable reserves | 133 | €485,378 | €485,378 | = | 0.0% |
| Profit (loss) carried forward | 14 | €166,998 | €138,024 | -€28,974 | -17.4% |
| Amounts payable | 17/49 | €304,485 | €376,651 | +€72,166 | +23.7% |
| Amounts payable within one year | 42/48 | €304,485 | €376,651 | +€72,166 | +23.7% |
| Financial debts | 43 | €348 | €0 | -€348 | -100% |
| Credit institutions | 430/8 | €348 | - | -€348 | |
| Other loans | 439 | - | €0 | = | |
| Trade debts | 44 | €1,314 | €806 | -€508 | -38.6% |
| Suppliers | 440/4 | €1,314 | €806 | -€508 | -38.6% |
| Other amounts payable | 47/48 | €302,823 | €375,845 | +€73,023 | +24.1% |
| Non-recurring operating income | 76A | €3 | €805 | +€802 | +31,958% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,295 | €30,416 | +€5,121 | +20.2% |
| Other operating charges | 640/8 | €4,776 | €4,916 | +€140 | +2.9% |
| Gross operating margin | 9900 | €4,603 | €11,491 | +€6,888 | +150% |
| Operating profit (loss) | 9901 | -€25,468 | -€23,841 | +€1,627 | +6.4% |
| Financial charges | 65/66B | €5,157 | €5,133 | -€24 | -0.5% |
| Recurring financial charges | 65 | €5,157 | €5,133 | -€24 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | -€30,625 | -€28,974 | +€1,651 | +5.4% |
| Profit (loss) for the period | 9904 | -€30,625 | -€28,974 | +€1,651 | +5.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,625 | -€28,974 | +€1,651 | +5.4% |
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 31 October 2026 via checked.be.