Vandepitte Bart: what changed
Two fiscal 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 Bart
Largest movements
- Receivables within one year +€3,956
up €3,956 (+17.0%), from €23,245 to €27,201
of which Other amounts receivable: +€5,171
- Cash -€2,755
down €2,755 (-9.2%), from €29,874 to €27,119
mainly Receivables within one year (-€3,956) and Other debts (-€3,334)
- Tangible fixed assets -€917
down €917 (-43.4%), from €2,115 to €1,198
- Other debts -€3,334
down €3,334 (-100.0%), from €3,334 to €0
- Tax, wage and social debts +€2,032
up €2,032 (+19.6%), from €10,351 to €12,384
- Reserves +€1,170
up €1,170 (+5.1%), from €22,935 to €24,105
- Purchases and services +€138,469
new in 2025: €138,469
- Turnover +€132,048
new in 2025: €132,048
- Gross operating margin -€10,690
down €10,690 (-60.8%), from €17,571 to €6,880
- Taxes -€4,131
down €4,131 (-59.8%), from €6,903 to €2,772
- Financial charges -€2,742
down €2,742 (-56.6%), from €4,843 to €2,101
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 | €57,388 | €57,556 | +€167 | +0.3% |
| Fixed assets | 21/28 | €2,115 | €1,198 | -€917 | -43.4% |
| Tangible fixed assets | 22/27 | €2,115 | €1,198 | -€917 | -43.4% |
| Plant, machinery and equipment | 23 | €2,115 | €1,198 | -€917 | -43.4% |
| Current assets | 29/58 | €55,274 | €56,358 | +€1,084 | +2.0% |
| Amounts receivable within one year | 40/41 | €23,245 | €27,201 | +€3,956 | +17.0% |
| Trade receivables | 40 | €23,245 | €22,030 | -€1,215 | -5.2% |
| Other amounts receivable | 41 | - | €5,171 | +€5,171 | |
| Cash at bank and in hand | 54/58 | €29,874 | €27,119 | -€2,755 | -9.2% |
| Deferred charges and accrued income | 490/1 | €2,154 | €2,038 | -€116 | -5.4% |
| Total equity and liabilities | 10/49 | €57,388 | €57,556 | +€167 | +0.3% |
| Equity | 10/15 | €37,935 | €39,105 | +€1,170 | +3.1% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €22,935 | €24,105 | +€1,170 | +5.1% |
| Distributable reserves | 133 | €22,935 | €24,105 | +€1,170 | +5.1% |
| Amounts payable | 17/49 | €19,453 | €18,451 | -€1,002 | -5.2% |
| Amounts payable within one year | 42/48 | €19,453 | €18,451 | -€1,002 | -5.2% |
| Trade debts | 44 | €5,768 | €6,067 | +€299 | +5.2% |
| Suppliers | 440/4 | €5,768 | €6,067 | +€299 | +5.2% |
| Taxes, remuneration and social security | 45 | €10,351 | €12,384 | +€2,032 | +19.6% |
| Taxes | 450/3 | €10,351 | €12,384 | +€2,032 | +19.6% |
| Other amounts payable | 47/48 | €3,334 | €0 | -€3,334 | -100.0% |
| Turnover | 70 | - | €132,048 | +€132,048 | |
| Non-recurring operating income | 76A | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €138,469 | +€138,469 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €724 | €917 | +€193 | +26.6% |
| Gross operating margin | 9900 | €17,571 | €6,880 | -€10,690 | -60.8% |
| Operating profit (loss) | 9901 | €16,847 | €5,963 | -€10,883 | -64.6% |
| Financial income | 75/76B | - | €80 | +€80 | |
| Recurring financial income | 75 | - | €80 | +€80 | |
| Financial charges | 65/66B | €4,843 | €2,101 | -€2,742 | -56.6% |
| Recurring financial charges | 65 | €4,843 | €2,101 | -€2,742 | -56.6% |
| Profit (loss) for the period before taxes | 9903 | €12,003 | €3,942 | -€8,061 | -67.2% |
| Income taxes | 67/77 | €6,903 | €2,772 | -€4,131 | -59.8% |
| Profit (loss) for the period | 9904 | €5,100 | €1,170 | -€3,930 | -77.1% |
| Profit (loss) for the period to be appropriated | 9905 | €5,100 | €1,170 | -€3,930 | -77.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.