Vanderpoorten: 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.
Vanderpoorten
Largest movements
- Cash -€49,839
down €49,839 (-65.6%), from €75,941 to €26,102
mainly Stocks and contracts (-€42,898) and Debts after one year (-€22,100)
- Stocks and contracts +€42,898
up €42,898 (+164%), from €26,155 to €69,053
of which Contracts in progress: +€36,076
- Tangible fixed assets -€35,543
down €35,543 (-25.6%), from €138,724 to €103,181
- Receivables within one year +€19,705
up €19,705 (+275%), from €7,177 to €26,882
of which Trade receivables: +€19,246
- Debts after one year -€22,100
down €22,100 (-24.7%), from €89,467 to €67,367
- Trade debts -€3,511
down €3,511 (-15.6%), from €22,502 to €18,992
- Depreciation +€1,790
up €1,790 (+5.1%), from €35,062 to €36,852
- Other operating charges +€1,509
up €1,509 (+87.8%), from €1,720 to €3,229
- Financial charges -€1,108
down €1,108 (-36.4%), from €3,042 to €1,933
- Staff costs +€1,042
new in 2025: €1,042
- Gross operating margin +€548
up €548 (+1.2%), from €45,386 to €45,934
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 | €249,970 | €226,626 | -€23,345 | -9.3% |
| Fixed assets | 21/28 | €138,724 | €103,181 | -€35,543 | -25.6% |
| Tangible fixed assets | 22/27 | €138,724 | €103,181 | -€35,543 | -25.6% |
| Land and buildings | 22 | €71,859 | €58,243 | -€13,616 | -18.9% |
| Plant, machinery and equipment | 23 | €25,464 | €18,540 | -€6,924 | -27.2% |
| Furniture and vehicles | 24 | €41,401 | €26,398 | -€15,003 | -36.2% |
| Current assets | 29/58 | €111,246 | €123,445 | +€12,198 | +11.0% |
| Stocks and contracts in progress | 3 | €26,155 | €69,053 | +€42,898 | +164% |
| Stocks | 30/36 | €6,155 | €12,977 | +€6,822 | +111% |
| Contracts in progress | 37 | €20,000 | €56,076 | +€36,076 | +180% |
| Amounts receivable within one year | 40/41 | €7,177 | €26,882 | +€19,705 | +275% |
| Trade receivables | 40 | €6,412 | €25,658 | +€19,246 | +300% |
| Other amounts receivable | 41 | €765 | €1,223 | +€459 | +60.0% |
| Cash at bank and in hand | 54/58 | €75,941 | €26,102 | -€49,839 | -65.6% |
| Deferred charges and accrued income | 490/1 | €1,972 | €1,407 | -€565 | -28.7% |
| Total equity and liabilities | 10/49 | €249,970 | €226,626 | -€23,345 | -9.3% |
| Equity | 10/15 | €73,940 | €75,785 | +€1,845 | +2.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €67,740 | €69,585 | +€1,845 | +2.7% |
| Distributable reserves | 133 | €67,740 | €69,585 | +€1,845 | +2.7% |
| Amounts payable | 17/49 | €176,031 | €150,841 | -€25,190 | -14.3% |
| Amounts payable after more than one year | 17 | €89,467 | €67,367 | -€22,100 | -24.7% |
| Financial debts | 170/4 | €89,467 | €67,367 | -€22,100 | -24.7% |
| Amounts payable within one year | 42/48 | €86,564 | €83,474 | -€3,090 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €21,784 | €22,100 | +€316 | +1.5% |
| Trade debts | 44 | €22,502 | €18,992 | -€3,511 | -15.6% |
| Suppliers | 440/4 | €22,502 | €18,992 | -€3,511 | -15.6% |
| Taxes, remuneration and social security | 45 | €4,749 | €4,793 | +€44 | +0.9% |
| Taxes | 450/3 | €2,887 | €2,850 | -€37 | -1.3% |
| Remuneration and social security | 454/9 | €1,862 | €1,943 | +€81 | +4.4% |
| Other amounts payable | 47/48 | €37,529 | €37,589 | +€61 | +0.2% |
| Non-recurring operating income | 76A | €8,000 | €2,500 | -€5,500 | -68.8% |
| Remuneration, social security and pensions | 62 | - | €1,042 | +€1,042 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,062 | €36,852 | +€1,790 | +5.1% |
| Other operating charges | 640/8 | €1,720 | €3,229 | +€1,509 | +87.8% |
| Gross operating margin | 9900 | €45,386 | €45,934 | +€548 | +1.2% |
| Operating profit (loss) | 9901 | €8,604 | €4,811 | -€3,793 | -44.1% |
| Financial income | 75/76B | €194 | €7 | -€187 | -96.3% |
| Recurring financial income | 75 | €194 | €7 | -€187 | -96.3% |
| Financial charges | 65/66B | €3,042 | €1,933 | -€1,108 | -36.4% |
| Recurring financial charges | 65 | €3,042 | €1,933 | -€1,108 | -36.4% |
| Profit (loss) for the period before taxes | 9903 | €5,756 | €2,885 | -€2,871 | -49.9% |
| Income taxes | 67/77 | €1,133 | €1,040 | -€94 | -8.3% |
| Profit (loss) for the period | 9904 | €4,623 | €1,845 | -€2,778 | -60.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,623 | €1,845 | -€2,778 | -60.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.