VANDERSLUYS: 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.
VANDERSLUYS
Largest movements
- Receivables within one year -€15,325
down €15,325 (-35.0%), from €43,798 to €28,473
of which Other amounts receivable: -€19,560
- Tangible fixed assets +€2,721
up €2,721 (+20.7%), from €13,147 to €15,867
of which Furniture and vehicles: +€7,312
- Cash +€1,039
up €1,039 (+7.1%), from €14,700 to €15,739
mainly Receivables within one year (+€15,325) and Trade debts (+€7,232)
- Profit (loss) carried forward -€8,709
down €8,709 (-60.9%), from €14,294 to €5,585
- Other debts -€8,702
down €8,702 (-80.6%), from €10,802 to €2,100
- Trade debts +€7,232
up €7,232 (+357%), from €2,025 to €9,256
- Debts after one year -€2,058
down €2,058 (-26.1%), from €7,898 to €5,841
- Gross operating margin -€26,789
down €26,789 (-94.9%), from €28,215 to €1,426
- Taxes -€6,527
down €6,527 (-99.3%), from €6,576 to €49
- Depreciation +€2,577
up €2,577 (+56.1%), from €4,592 to €7,169
- Other operating charges -€1,088
down €1,088 (-94.3%), from €1,154 to €66
- Financial charges +€762
up €762 (+260%), from €293 to €1,055
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 | €71,644 | €60,079 | -€11,565 | -16.1% |
| Fixed assets | 21/28 | €13,147 | €15,867 | +€2,721 | +20.7% |
| Tangible fixed assets | 22/27 | €13,147 | €15,867 | +€2,721 | +20.7% |
| Furniture and vehicles | 24 | - | €7,312 | +€7,312 | |
| Other tangible fixed assets | 26 | €13,147 | €8,555 | -€4,592 | -34.9% |
| Current assets | 29/58 | €58,498 | €44,212 | -€14,286 | -24.4% |
| Amounts receivable within one year | 40/41 | €43,798 | €28,473 | -€15,325 | -35.0% |
| Trade receivables | 40 | €22,194 | €26,429 | +€4,235 | +19.1% |
| Other amounts receivable | 41 | €21,604 | €2,044 | -€19,560 | -90.5% |
| Cash at bank and in hand | 54/58 | €14,700 | €15,739 | +€1,039 | +7.1% |
| Total equity and liabilities | 10/49 | €71,644 | €60,079 | -€11,565 | -16.1% |
| Equity | 10/15 | €34,754 | €26,045 | -€8,709 | -25.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,294 | €5,585 | -€8,709 | -60.9% |
| Amounts payable | 17/49 | €36,890 | €34,034 | -€2,856 | -7.7% |
| Amounts payable after more than one year | 17 | €7,898 | €5,841 | -€2,058 | -26.1% |
| Financial debts | 170/4 | €7,898 | €5,841 | -€2,058 | -26.1% |
| Amounts payable within one year | 42/48 | €28,992 | €28,194 | -€798 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | €3,550 | €3,752 | +€202 | +5.7% |
| Trade debts | 44 | €2,025 | €9,256 | +€7,232 | +357% |
| Suppliers | 440/4 | €2,025 | €9,256 | +€7,232 | +357% |
| Taxes, remuneration and social security | 45 | €12,615 | €13,085 | +€470 | +3.7% |
| Taxes | 450/3 | €12,615 | €13,085 | +€470 | +3.7% |
| Other amounts payable | 47/48 | €10,802 | €2,100 | -€8,702 | -80.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,592 | €7,169 | +€2,577 | +56.1% |
| Other operating charges | 640/8 | €1,154 | €66 | -€1,088 | -94.3% |
| Gross operating margin | 9900 | €28,215 | €1,426 | -€26,789 | -94.9% |
| Operating profit (loss) | 9901 | €22,470 | -€5,809 | -€28,279 | |
| Financial income | 75/76B | €753 | €674 | -€79 | -10.5% |
| Recurring financial income | 75 | €753 | €674 | -€79 | -10.5% |
| Financial charges | 65/66B | €293 | €1,055 | +€762 | +260% |
| Recurring financial charges | 65 | €293 | €1,055 | +€762 | +260% |
| Profit (loss) for the period before taxes | 9903 | €22,930 | -€6,190 | -€29,120 | |
| Income taxes | 67/77 | €6,576 | €49 | -€6,527 | -99.3% |
| Profit (loss) for the period | 9904 | €16,354 | -€6,239 | -€22,593 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,354 | -€6,239 | -€22,593 |
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 28 October 2026 via checked.be.