Vandendriessche Electronics & Engineering: 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 Electronics & Engineering
Largest movements
- Receivables within one year -€10,708
down €10,708 (-2.1%), from €507,093 to €496,384
of which Other amounts receivable: -€13,788
- Profit (loss) carried forward -€17,441
down €17,441 (-6.7%), from -€261,601 to -€279,042
- Gross operating margin -€9,415
down €9,415 (-48.5%), from -€19,396 to -€28,811
- Financial income -€336
down €336 (-2.3%), from €14,558 to €14,222
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 | €519,181 | €505,886 | -€13,295 | -2.6% |
| Fixed assets | 21/28 | €8,162 | €6,995 | -€1,167 | -14.3% |
| Tangible fixed assets | 22/27 | €8,162 | €6,995 | -€1,167 | -14.3% |
| Other tangible fixed assets | 26 | €8,162 | €6,995 | -€1,167 | -14.3% |
| Current assets | 29/58 | €511,019 | €498,891 | -€12,128 | -2.4% |
| Amounts receivable within one year | 40/41 | €507,093 | €496,384 | -€10,708 | -2.1% |
| Trade receivables | 40 | €19,345 | €22,424 | +€3,079 | +15.9% |
| Other amounts receivable | 41 | €487,748 | €473,961 | -€13,788 | -2.8% |
| Cash at bank and in hand | 54/58 | €3,473 | €2,507 | -€966 | -27.8% |
| Deferred charges and accrued income | 490/1 | €453 | €0 | -€453 | -100% |
| Total equity and liabilities | 10/49 | €519,181 | €505,886 | -€13,295 | -2.6% |
| Equity | 10/15 | €511,859 | €494,418 | -€17,441 | -3.4% |
| Contributions | 10/11 | €771,600 | €771,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€261,601 | -€279,042 | -€17,441 | -6.7% |
| Amounts payable | 17/49 | €7,322 | €11,468 | +€4,146 | +56.6% |
| Amounts payable within one year | 42/48 | €7,322 | €9,960 | +€2,638 | +36.0% |
| Trade debts | 44 | €1,892 | €1,792 | -€100 | -5.3% |
| Suppliers | 440/4 | €1,892 | €1,792 | -€100 | -5.3% |
| Taxes, remuneration and social security | 45 | €1,499 | €2,178 | +€679 | +45.3% |
| Taxes | 450/3 | €1,499 | €2,178 | +€679 | +45.3% |
| Other amounts payable | 47/48 | €3,931 | €5,990 | +€2,059 | +52.4% |
| Accrued charges and deferred income | 492/3 | - | €1,508 | +€1,508 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,167 | €1,167 | = | 0.0% |
| Other operating charges | 640/8 | €1,603 | €1,331 | -€272 | -17.0% |
| Gross operating margin | 9900 | -€19,396 | -€28,811 | -€9,415 | -48.5% |
| Operating profit (loss) | 9901 | -€22,167 | -€31,309 | -€9,143 | -41.2% |
| Financial income | 75/76B | €14,558 | €14,222 | -€336 | -2.3% |
| Recurring financial income | 75 | €14,558 | €14,222 | -€336 | -2.3% |
| Financial charges | 65/66B | €388 | €155 | -€234 | -60.1% |
| Recurring financial charges | 65 | €388 | €155 | -€234 | -60.1% |
| Profit (loss) for the period before taxes | 9903 | -€7,998 | -€17,243 | -€9,245 | -116% |
| Income taxes | 67/77 | €239 | €199 | -€40 | -16.9% |
| Profit (loss) for the period | 9904 | -€8,236 | -€17,441 | -€9,205 | -112% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,236 | -€17,441 | -€9,205 | -112% |
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 21 October 2026 via checked.be.