VANDERBIEST LEFEVRE: 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.
VANDERBIEST LEFEVRE
Largest movements
- Cash +€56,138
up €56,138 (+86.5%), from €64,927 to €121,065
mainly Other debts (+€74,501) and Depreciation (+€12,500)
- Tangible fixed assets -€12,500
down €12,500 (-32.9%), from €37,970 to €25,470
- Receivables within one year -€9,464
down €9,464 (-48.6%), from €19,469 to €10,005
- Deferred charges and accrued income +€4,000
up €4,000 (+7.1%), from €56,000 to €60,000
- Other debts +€74,501
up €74,501 (+81.4%), from €91,512 to €166,013
- Profit (loss) carried forward -€26,403
down €26,403 (-99.2%), from €26,627 to €224
- Debts after one year -€11,173
down €11,173 (-49.0%), from €22,801 to €11,628
- Financial charges +€30,897
up €30,897 (+67.4%), from €45,868 to €76,765
- Taxes -€7,536
down €7,536 (-88.3%), from €8,531 to €995
- Gross operating margin -€3,312
down €3,312 (-3.5%), from €93,855 to €90,543
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 | €178,366 | €216,540 | +€38,174 | +21.4% |
| Fixed assets | 21/28 | €37,970 | €25,470 | -€12,500 | -32.9% |
| Tangible fixed assets | 22/27 | €37,970 | €25,470 | -€12,500 | -32.9% |
| Furniture and vehicles | 24 | €37,970 | €25,470 | -€12,500 | -32.9% |
| Current assets | 29/58 | €140,396 | €191,070 | +€50,674 | +36.1% |
| Amounts receivable within one year | 40/41 | €19,469 | €10,005 | -€9,464 | -48.6% |
| Other amounts receivable | 41 | €19,469 | €10,005 | -€9,464 | -48.6% |
| Cash at bank and in hand | 54/58 | €64,927 | €121,065 | +€56,138 | +86.5% |
| Deferred charges and accrued income | 490/1 | €56,000 | €60,000 | +€4,000 | +7.1% |
| Total equity and liabilities | 10/49 | €178,366 | €216,540 | +€38,174 | +21.4% |
| Equity | 10/15 | €45,227 | €18,824 | -€26,403 | -58.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,627 | €224 | -€26,403 | -99.2% |
| Amounts payable | 17/49 | €133,140 | €197,716 | +€64,576 | +48.5% |
| Amounts payable after more than one year | 17 | €22,801 | €11,628 | -€11,173 | -49.0% |
| Financial debts | 170/4 | €22,801 | €11,628 | -€11,173 | -49.0% |
| Amounts payable within one year | 42/48 | €110,338 | €186,088 | +€75,750 | +68.7% |
| Current portion of amounts payable after more than one year | 42 | €9,925 | €11,173 | +€1,248 | +12.6% |
| Trade debts | 44 | €8,901 | €8,902 | +€1 | 0.0% |
| Suppliers | 440/4 | €8,901 | €8,902 | +€1 | 0.0% |
| Other amounts payable | 47/48 | €91,512 | €166,013 | +€74,501 | +81.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,500 | €12,500 | = | 0.0% |
| Other operating charges | 640/8 | €171 | €58 | -€113 | -66.1% |
| Gross operating margin | 9900 | €93,855 | €90,543 | -€3,312 | -3.5% |
| Operating profit (loss) | 9901 | €81,183 | €77,984 | -€3,199 | -3.9% |
| Financial charges | 65/66B | €45,868 | €76,765 | +€30,897 | +67.4% |
| Recurring financial charges | 65 | €45,868 | €76,765 | +€30,897 | +67.4% |
| Profit (loss) for the period before taxes | 9903 | €35,315 | €1,219 | -€34,096 | -96.5% |
| Income taxes | 67/77 | €8,531 | €995 | -€7,536 | -88.3% |
| Profit (loss) for the period | 9904 | €26,784 | €224 | -€26,560 | -99.2% |
| Profit (loss) for the period to be appropriated | 9905 | €26,784 | €224 | -€26,560 | -99.2% |
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 18 October 2026 via checked.be.