VANDERMIEREN: 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.
VANDERMIEREN
Largest movements
- Tangible fixed assets -€934
down €934 (-100%), from €934 to €0
of which Furniture and vehicles: -€934
- Cash +€74
up €74 (+4.6%), from €1,631 to €1,705
mainly Other debts (+€3,913) and Depreciation (+€934)
- Profit (loss) carried forward -€5,328
down €5,328 (-15.9%), from -€33,540 to -€38,867
- Other debts +€3,913
up €3,913 (+222%), from €1,766 to €5,678
- Trade debts +€536
up €536 (+508%), from €105 to €642
- Gross operating margin +€1,652
up €1,652 (+28.9%), from -€5,712 to -€4,060
- Depreciation -€666
down €666 (-41.6%), from €1,600 to €934
- Financial income -€297
no longer reported in 2025 (was €297)
- Other operating charges -€61
down €61 (-48.2%), from €127 to €66
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 | €6,194 | €5,316 | -€879 | -14.2% |
| Fixed assets | 21/28 | €934 | €0 | -€934 | -100% |
| Tangible fixed assets | 22/27 | €934 | €0 | -€934 | -100% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €934 | €0 | -€934 | -100% |
| Current assets | 29/58 | €5,260 | €5,316 | +€56 | +1.1% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €3,629 | €3,611 | -€19 | -0.5% |
| Trade receivables | 40 | €2,207 | €2,207 | = | 0.0% |
| Other amounts receivable | 41 | €1,423 | €1,404 | -€19 | -1.3% |
| Cash at bank and in hand | 54/58 | €1,631 | €1,705 | +€74 | +4.6% |
| Total equity and liabilities | 10/49 | €6,194 | €5,316 | -€879 | -14.2% |
| Equity | 10/15 | €4,323 | -€1,004 | -€5,328 | |
| Contributions | 10/11 | €30,863 | €30,863 | = | 0.0% |
| Reserves | 13 | €7,000 | €7,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,540 | -€38,867 | -€5,328 | -15.9% |
| Amounts payable | 17/49 | €1,871 | €6,320 | +€4,449 | +238% |
| Amounts payable within one year | 42/48 | €1,871 | €6,320 | +€4,449 | +238% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €105 | €642 | +€536 | +508% |
| Suppliers | 440/4 | €105 | €642 | +€536 | +508% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,766 | €5,678 | +€3,913 | +222% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,600 | €934 | -€666 | -41.6% |
| Other operating charges | 640/8 | €127 | €66 | -€61 | -48.2% |
| Gross operating margin | 9900 | -€5,712 | -€4,060 | +€1,652 | +28.9% |
| Operating profit (loss) | 9901 | -€7,439 | -€5,060 | +€2,379 | +32.0% |
| Financial income | 75/76B | €297 | - | -€297 | |
| Recurring financial income | 75 | €297 | - | -€297 | |
| Financial charges | 65/66B | €261 | €267 | +€6 | +2.2% |
| Recurring financial charges | 65 | €261 | €267 | +€6 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,404 | -€5,328 | +€2,076 | +28.0% |
| Profit (loss) for the period | 9904 | -€7,404 | -€5,328 | +€2,076 | +28.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,404 | -€5,328 | +€2,076 | +28.0% |
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 25 October 2026 via checked.be.