VANDEPITTE: 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.
VANDEPITTE
Largest movements
- Tangible fixed assets -€10,348
down €10,348 (-79.4%), from €13,040 to €2,691
of which Leasing and similar rights: -€5,363
- Receivables within one year +€6,967
up €6,967 (+71.6%), from €9,727 to €16,694
of which Other amounts receivable: +€3,682
- Cash +€3,032
up €3,032 (+193.5%), from €1,567 to €4,599
mainly Net result for the year (+€12,744) and Depreciation (+€9,931)
- Profit (loss) carried forward +€12,744
up €12,744 (+13.3%), from -€95,942 to -€83,198
- Other debts -€8,363
down €8,363 (-16.1%), from €51,865 to €43,502
- Current portion of long-term debt -€5,091
down €5,091 (-91.6%), from €5,559 to €468
- Trade debts +€4,000
up €4,000 (+142.2%), from €2,813 to €6,813
- Tax, wage and social debts -€3,171
no longer reported in 2025 (was €3,171)
- Depreciation -€3,012
down €3,012 (-23.3%), from €12,943 to €9,931
- Gross operating margin -€1,692
down €1,692 (-6.3%), from €26,955 to €25,264
- Financial charges +€1,413
up €1,413 (+350.4%), from €403 to €1,817
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.
Cash bridge derived
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 | €27,933 | €27,584 | -€349 | -1.2% |
| Fixed assets | 21/28 | €16,640 | €6,291 | -€10,348 | -62.2% |
| Tangible fixed assets | 22/27 | €13,040 | €2,691 | -€10,348 | -79.4% |
| Plant, machinery and equipment | 23 | €6,405 | €1,970 | -€4,435 | -69.2% |
| Furniture and vehicles | 24 | €824 | €274 | -€550 | -66.7% |
| Leasing and similar rights | 25 | €5,810 | €447 | -€5,363 | -92.3% |
| Financial fixed assets | 28 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €11,294 | €21,293 | +€9,999 | +88.5% |
| Amounts receivable within one year | 40/41 | €9,727 | €16,694 | +€6,967 | +71.6% |
| Trade receivables | 40 | €6,892 | €10,177 | +€3,285 | +47.7% |
| Other amounts receivable | 41 | €2,835 | €6,517 | +€3,682 | +129.9% |
| Cash at bank and in hand | 54/58 | €1,567 | €4,599 | +€3,032 | +193.5% |
| Total equity and liabilities | 10/49 | €27,933 | €27,584 | -€349 | -1.2% |
| Equity | 10/15 | -€35,942 | -€23,198 | +€12,744 | +35.5% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€95,942 | -€83,198 | +€12,744 | +13.3% |
| Amounts payable | 17/49 | €63,875 | €50,782 | -€13,093 | -20.5% |
| Amounts payable after more than one year | 17 | €468 | - | -€468 | |
| Financial debts | 170/4 | €468 | - | -€468 | |
| Amounts payable within one year | 42/48 | €63,407 | €50,782 | -€12,625 | -19.9% |
| Current portion of amounts payable after more than one year | 42 | €5,559 | €468 | -€5,091 | -91.6% |
| Trade debts | 44 | €2,813 | €6,813 | +€4,000 | +142.2% |
| Suppliers | 440/4 | €2,813 | €6,813 | +€4,000 | +142.2% |
| Taxes, remuneration and social security | 45 | €3,171 | - | -€3,171 | |
| Taxes | 450/3 | €3,171 | - | -€3,171 | |
| Other amounts payable | 47/48 | €51,865 | €43,502 | -€8,363 | -16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,943 | €9,931 | -€3,012 | -23.3% |
| Other operating charges | 640/8 | €610 | €790 | +€180 | +29.5% |
| Gross operating margin | 9900 | €26,955 | €25,264 | -€1,692 | -6.3% |
| Operating profit (loss) | 9901 | €13,402 | €14,542 | +€1,141 | +8.5% |
| Financial income | 75/76B | €5 | €18 | +€13 | +288.6% |
| Recurring financial income | 75 | €5 | €18 | +€13 | +288.6% |
| Financial charges | 65/66B | €403 | €1,817 | +€1,413 | +350.4% |
| Recurring financial charges | 65 | €403 | €1,817 | +€1,413 | +350.4% |
| Profit (loss) for the period before taxes | 9903 | €13,003 | €12,744 | -€259 | -2.0% |
| Profit (loss) for the period | 9904 | €13,003 | €12,744 | -€259 | -2.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,003 | €12,744 | -€259 | -2.0% |
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 10 October 2026 via checked.be.