VANDEREYDT: what changed
VANDEREYDT
Largest movements
- Receivables within one year +€38,064
up €38,064 (+14.8%), from €258,021 to €296,085
of which Trade receivables: +€81,312
- Cash +€10,867
up €10,867 (+165%), from €6,599 to €17,466
mainly Net result for the year (+€40,886) and Tax, wage and social debts (+€7,151)
- Reserves +€32,000
up €32,000 (+54.4%), from €58,859 to €90,859
- Profit (loss) carried forward +€8,886
up €8,886 (+5.9%), from €150,075 to €158,961
- Tax, wage and social debts +€7,151
up €7,151 (+17.0%), from €41,949 to €49,100
- Gross operating margin +€12,877
up €12,877 (+26.6%), from €48,423 to €61,300
- Taxes +€2,955
up €2,955 (+17.2%), from €17,207 to €20,161
- Financial income -€894
down €894 (-15.8%), from €5,676 to €4,782
- Financial charges +€868
up €868 (+26.0%), from €3,335 to €4,203
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €570,296 | €618,333 | +€48,037 | +8.4% |
| Fixed assets | 21/28 | €300,000 | €300,000 | = | 0.0% |
| Financial fixed assets | 28 | €300,000 | €300,000 | = | 0.0% |
| Current assets | 29/58 | €270,296 | €318,333 | +€48,037 | +17.8% |
| Amounts receivable within one year | 40/41 | €258,021 | €296,085 | +€38,064 | +14.8% |
| Trade receivables | 40 | €90,461 | €171,773 | +€81,312 | +89.9% |
| Other amounts receivable | 41 | €167,560 | €124,311 | -€43,248 | -25.8% |
| Cash at bank and in hand | 54/58 | €6,599 | €17,466 | +€10,867 | +165% |
| Deferred charges and accrued income | 490/1 | €5,676 | €4,782 | -€894 | -15.8% |
| Total equity and liabilities | 10/49 | €570,296 | €618,333 | +€48,037 | +8.4% |
| Equity | 10/15 | €226,132 | €267,017 | +€40,886 | +18.1% |
| Contributions | 10/11 | €17,197 | €17,197 | = | 0.0% |
| Reserves | 13 | €58,859 | €90,859 | +€32,000 | +54.4% |
| Distributable reserves | 133 | €58,859 | €90,859 | +€32,000 | +54.4% |
| Profit (loss) carried forward | 14 | €150,075 | €158,961 | +€8,886 | +5.9% |
| Amounts payable | 17/49 | €344,164 | €351,315 | +€7,151 | +2.1% |
| Amounts payable within one year | 42/48 | €344,164 | €351,315 | +€7,151 | +2.1% |
| Trade debts | 44 | €387 | €387 | = | 0.0% |
| Suppliers | 440/4 | €387 | €387 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €41,949 | €49,100 | +€7,151 | +17.0% |
| Taxes | 450/3 | €41,949 | €49,100 | +€7,151 | +17.0% |
| Other amounts payable | 47/48 | €301,828 | €301,828 | = | 0.0% |
| Other operating charges | 640/8 | €792 | €832 | +€40 | +5.0% |
| Gross operating margin | 9900 | €48,423 | €61,300 | +€12,877 | +26.6% |
| Operating profit (loss) | 9901 | €47,631 | €60,468 | +€12,837 | +27.0% |
| Financial income | 75/76B | €5,676 | €4,782 | -€894 | -15.8% |
| Recurring financial income | 75 | €5,676 | €4,782 | -€894 | -15.8% |
| Financial charges | 65/66B | €3,335 | €4,203 | +€868 | +26.0% |
| Recurring financial charges | 65 | €3,335 | €4,203 | +€868 | +26.0% |
| Profit (loss) for the period before taxes | 9903 | €49,972 | €61,047 | +€11,075 | +22.2% |
| Income taxes | 67/77 | €17,207 | €20,161 | +€2,955 | +17.2% |
| Profit (loss) for the period | 9904 | €32,765 | €40,886 | +€8,121 | +24.8% |
| Profit (loss) for the period to be appropriated | 9905 | €32,765 | €40,886 | +€8,121 | +24.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.