VANDENEEDE: 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.
VANDENEEDE
Largest movements
- Tangible fixed assets -€21,462
down €21,462 (-13.0%), from €165,592 to €144,131
- Receivables within one year -€7,164
down €7,164 (-31.5%), from €22,728 to €15,564
of which Other amounts receivable: -€9,824
- Deferred charges and accrued income +€3,216
up €3,216 (+58.3%), from €5,515 to €8,732
- Debts after one year -€16,145
down €16,145 (-13.2%), from €122,471 to €106,326
of which Financial debts: -€16,145
- Trade debts -€13,940
down €13,940 (-71.2%), from €19,569 to €5,628
- Other debts -€8,485
down €8,485 (-16.4%), from €51,636 to €43,151
- Tax, wage and social debts +€6,126
up €6,126 (+701%), from €874 to €7,000
- Accrued charges and deferred income +€4,363
up €4,363 (+2,332%), from €187 to €4,550
- Gross operating margin +€5,223
up €5,223 (+15.8%), from €33,010 to €38,233
- Taxes +€1,069
up €1,069 (+69.7%), from €1,533 to €2,603
- Other operating charges +€647
up €647 (+28.0%), from €2,312 to €2,959
- Depreciation +€579
up €579 (+2.3%), from €25,197 to €25,776
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 | €284,722 | €259,069 | -€25,653 | -9.0% |
| Fixed assets | 21/28 | €165,592 | €144,131 | -€21,462 | -13.0% |
| Tangible fixed assets | 22/27 | €165,592 | €144,131 | -€21,462 | -13.0% |
| Land and buildings | 22 | €117,889 | €108,108 | -€9,780 | -8.3% |
| Plant, machinery and equipment | 23 | €5,706 | €4,332 | -€1,373 | -24.1% |
| Furniture and vehicles | 24 | €41,998 | €31,690 | -€10,308 | -24.5% |
| Current assets | 29/58 | €119,130 | €114,939 | -€4,192 | -3.5% |
| Amounts receivable within one year | 40/41 | €22,728 | €15,564 | -€7,164 | -31.5% |
| Trade receivables | 40 | €5,721 | €8,381 | +€2,660 | +46.5% |
| Other amounts receivable | 41 | €17,007 | €7,183 | -€9,824 | -57.8% |
| Cash at bank and in hand | 54/58 | €90,887 | €90,643 | -€244 | -0.3% |
| Deferred charges and accrued income | 490/1 | €5,515 | €8,732 | +€3,216 | +58.3% |
| Total equity and liabilities | 10/49 | €284,722 | €259,069 | -€25,653 | -9.0% |
| Equity | 10/15 | €72,421 | €74,346 | +€1,925 | +2.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €47,557 | €50,161 | +€2,604 | +5.5% |
| Tax-exempt reserves | 132 | €5,157 | €3,261 | -€1,896 | -36.8% |
| Distributable reserves | 133 | €42,400 | €46,900 | +€4,500 | +10.6% |
| Profit (loss) carried forward | 14 | €6,264 | €5,585 | -€679 | -10.8% |
| Provisions and deferred taxes | 16 | €1,719 | €1,087 | -€632 | -36.8% |
| Deferred taxes | 168 | €1,719 | €1,087 | -€632 | -36.8% |
| Amounts payable | 17/49 | €210,583 | €183,636 | -€26,946 | -12.8% |
| Amounts payable after more than one year | 17 | €122,471 | €106,326 | -€16,145 | -13.2% |
| Financial debts | 170/4 | €118,421 | €102,276 | -€16,145 | -13.6% |
| Other amounts payable | 178/9 | €4,050 | €4,050 | = | 0.0% |
| Amounts payable within one year | 42/48 | €87,924 | €72,761 | -€15,164 | -17.2% |
| Current portion of amounts payable after more than one year | 42 | €15,846 | €16,981 | +€1,135 | +7.2% |
| Trade debts | 44 | €19,569 | €5,628 | -€13,940 | -71.2% |
| Suppliers | 440/4 | €19,569 | €5,628 | -€13,940 | -71.2% |
| Taxes, remuneration and social security | 45 | €874 | €7,000 | +€6,126 | +701% |
| Taxes | 450/3 | €874 | €7,000 | +€6,126 | +701% |
| Other amounts payable | 47/48 | €51,636 | €43,151 | -€8,485 | -16.4% |
| Accrued charges and deferred income | 492/3 | €187 | €4,550 | +€4,363 | +2,332% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,197 | €25,776 | +€579 | +2.3% |
| Other operating charges | 640/8 | €2,312 | €2,959 | +€647 | +28.0% |
| Gross operating margin | 9900 | €33,010 | €38,233 | +€5,223 | +15.8% |
| Operating profit (loss) | 9901 | €5,501 | €9,498 | +€3,997 | +72.7% |
| Financial income | 75/76B | €129 | €146 | +€17 | +12.9% |
| Recurring financial income | 75 | €129 | €146 | +€17 | +12.9% |
| Financial charges | 65/66B | €4,584 | €4,918 | +€334 | +7.3% |
| Recurring financial charges | 65 | €4,584 | €4,918 | +€334 | +7.3% |
| Profit (loss) for the period before taxes | 9903 | €1,046 | €4,726 | +€3,680 | +352% |
| Transfer from deferred taxes | 780 | €632 | €632 | = | 0.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €1,533 | €2,603 | +€1,069 | +69.7% |
| Profit (loss) for the period | 9904 | €144 | €2,755 | +€2,611 | +1,810% |
| Transfer from tax-exempt reserves | 789 | €1,896 | €1,896 | = | 0.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €2,040 | €4,651 | +€2,611 | +128% |
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 25 October 2026 via checked.be.