VANDERSANDEN GROUP: 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.
What changed
VANDERSANDEN GROUP
NACE 70.100, Activities of head offices
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€21,653
2024 · €8,646+€13,008
Equity
€228.1m
2024 · €228.1m+€21,653
Cash
€49,772
2024 · €43,026+€6,747
Balance sheet total
€228.3m
2024 · €228.3m-€1,944
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Turnover +€590,000
up €590,000 (+42.1%), from €1.4m to €2.0m
- Services and other goods +€527,932
up €527,932 (+35.4%), from €1.5m to €2.0m
- Financial income -€47,111
down €47,111 (-43.0%), from €109,621 to €62,510
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.
Result 2024
€8,646
Turnover
+€590,000
Services and other goods
-€527,932
Other operating charges
+€6,556
Financial income
-€47,111
Financial charges
-€4,212
Taxes
-€4,292
Result 2025
€21,653
raises the resultlowers the result
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.
From operations
+€6,747
Investment
€0
Financing
€0
Cash 2024
€43,026
From operations (derived)
+€6,747
Net result for the year
+€21,653
Receivables within one year
+€86,579
Deferred charges and accrued income
-€77,889
Trade debts
-€19,527
Tax, wage and social debts
+€5,208
Accrued charges and deferred income
-€9,278
Cash 2025
€49,772
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €228,282,187 | €228,280,243 | -€1,944 | 0.0% |
| Fixed assets | 21/28 | €226,477,383 | €226,477,383 | = | 0.0% |
| Financial fixed assets | 28 | €226,477,383 | €226,477,383 | = | 0.0% |
| Affiliated companies | 280/1 | €225,839,905 | €225,839,905 | = | 0.0% |
| Participating interests | 280 | €225,839,905 | €225,839,905 | = | 0.0% |
| Other financial fixed assets | 284/8 | €637,478 | €637,478 | = | 0.0% |
| Shares | 284 | €637,478 | €637,478 | = | 0.0% |
| Current assets | 29/58 | €1,804,804 | €1,802,860 | -€1,944 | -0.1% |
| Amounts receivable within one year | 40/41 | €1,652,158 | €1,565,578 | -€86,579 | -5.2% |
| Trade receivables | 40 | - | €995,300 | +€995,300 | |
| Other amounts receivable | 41 | €1,652,158 | €570,278 | -€1.1m | -65.5% |
| Cash at bank and in hand | 54/58 | €43,026 | €49,772 | +€6,747 | +15.7% |
| Deferred charges and accrued income | 490/1 | €109,621 | €187,510 | +€77,889 | +71.1% |
| Total equity and liabilities | 10/49 | €228,282,187 | €228,280,243 | -€1,944 | 0.0% |
| Equity | 10/15 | €228,056,525 | €228,078,178 | +€21,653 | 0.0% |
| Contributions | 10/11 | €59,379,208 | €59,379,208 | = | 0.0% |
| Capital | 10 | €59,379,208 | €59,379,208 | = | 0.0% |
| Issued capital | 100 | €59,379,208 | €59,379,208 | = | 0.0% |
| Reserves | 13 | €168,677,317 | €168,698,970 | +€21,653 | 0.0% |
| Non-distributable reserves | 130/1 | €5,937,921 | €5,937,921 | = | 0.0% |
| Legal reserve | 130 | €5,937,921 | €5,937,921 | = | 0.0% |
| Distributable reserves | 133 | €162,739,396 | €162,761,049 | +€21,653 | 0.0% |
| Amounts payable | 17/49 | €225,662 | €202,065 | -€23,597 | -10.5% |
| Amounts payable within one year | 42/48 | €211,973 | €197,654 | -€14,319 | -6.8% |
| Trade debts | 44 | €172,471 | €152,944 | -€19,527 | -11.3% |
| Suppliers | 440/4 | €172,471 | €152,944 | -€19,527 | -11.3% |
| Taxes, remuneration and social security | 45 | €39,502 | €44,710 | +€5,208 | +13.2% |
| Taxes | 450/3 | €39,502 | €44,710 | +€5,208 | +13.2% |
| Accrued charges and deferred income | 492/3 | €13,689 | €4,411 | -€9,278 | -67.8% |
| Operating income | 70/76A | €1,400,000 | €1,990,000 | +€590,000 | +42.1% |
| Turnover | 70 | €1,400,000 | €1,990,000 | +€590,000 | +42.1% |
| Operating charges | 60/66A | €1,497,149 | €2,018,525 | +€521,376 | +34.8% |
| Services and other goods | 61 | €1,489,533 | €2,017,465 | +€527,932 | +35.4% |
| Other operating charges | 640/8 | €7,616 | €1,060 | -€6,556 | -86.1% |
| Operating profit (loss) | 9901 | -€97,149 | -€28,525 | +€68,624 | +70.6% |
| Financial income | 75/76B | €109,621 | €62,510 | -€47,111 | -43.0% |
| Recurring financial income | 75 | €109,621 | €62,510 | -€47,111 | -43.0% |
| Income from financial fixed assets | 750 | €3,764 | - | -€3,764 | |
| Income from current assets | 751 | €105,857 | €62,510 | -€43,348 | -40.9% |
| Financial charges | 65/66B | €378 | €4,590 | +€4,212 | +1,116% |
| Recurring financial charges | 65 | €378 | €4,590 | +€4,212 | +1,116% |
| Debt charges | 650 | €378 | €4,590 | +€4,212 | +1,116% |
| Profit (loss) for the period before taxes | 9903 | €12,095 | €29,395 | +€17,300 | +143% |
| Income taxes | 67/77 | €3,449 | €7,741 | +€4,292 | +124% |
| Taxes | 670/3 | €3,449 | €7,741 | +€4,292 | +124% |
| Profit (loss) for the period | 9904 | €8,646 | €21,653 | +€13,008 | +150% |
| Profit (loss) for the period to be appropriated | 9905 | €8,646 | €21,653 | +€13,008 | +150% |
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 31 October 2026 via checked.be.