Vandervelpen: what changed
Two fiscal 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.
Vandervelpen
Largest movements
- Cash +€13,886
up €13,886 (+24.1%), from €57,697 to €71,583
mainly Net result for the year (+€11,327) and Receivables within one year (+€9,083)
- Receivables within one year -€9,083
down €9,083 (-79.1%), from €11,482 to €2,398
- Tangible fixed assets -€7,772
down €7,772 (-33.8%), from €23,005 to €15,233
of which Furniture and vehicles: -€7,295
- Reserves +€11,327
up €11,327 (+18.5%), from €61,302 to €72,629
of which Distributable reserves: +€11,327
- Debts after one year -€6,651
down €6,651 (-49.7%), from €13,389 to €6,739
- Other debts -€5,636
down €5,636 (-100.0%), from €5,636 to €0
- Current portion of long-term debt -€3,500
down €3,500 (-34.5%), from €10,151 to €6,651
- Trade debts +€1,787
up €1,787 (+437.4%), from €409 to €2,196
- Gross operating margin +€8,078
up €8,078 (+41.2%), from €19,616 to €27,693
- Depreciation -€7,297
down €7,297 (-48.4%), from €15,069 to €7,772
- Taxes +€3,679
up €3,679 (+390.8%), from €941 to €4,620
- Financial charges +€1,190
up €1,190 (+165.2%), from €720 to €1,911
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €92,183 | €89,214 | -€2,970 | -3.2% |
| Fixed assets | 21/28 | €23,005 | €15,233 | -€7,772 | -33.8% |
| Tangible fixed assets | 22/27 | €23,005 | €15,233 | -€7,772 | -33.8% |
| Plant, machinery and equipment | 23 | €2,126 | €1,650 | -€477 | -22.4% |
| Furniture and vehicles | 24 | €20,878 | €13,583 | -€7,295 | -34.9% |
| Current assets | 29/58 | €69,179 | €73,981 | +€4,802 | +6.9% |
| Amounts receivable within one year | 40/41 | €11,482 | €2,398 | -€9,083 | -79.1% |
| Other amounts receivable | 41 | €11,482 | €2,398 | -€9,083 | -79.1% |
| Cash at bank and in hand | 54/58 | €57,697 | €71,583 | +€13,886 | +24.1% |
| Total equity and liabilities | 10/49 | €92,183 | €89,214 | -€2,970 | -3.2% |
| Equity | 10/15 | €62,302 | €73,629 | +€11,327 | +18.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €61,302 | €72,629 | +€11,327 | +18.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €61,302 | €72,629 | +€11,327 | +18.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €29,882 | €15,585 | -€14,297 | -47.8% |
| Amounts payable after more than one year | 17 | €13,389 | €6,739 | -€6,651 | -49.7% |
| Financial debts | 170/4 | €13,389 | €6,739 | -€6,651 | -49.7% |
| Amounts payable within one year | 42/48 | €16,492 | €8,847 | -€7,646 | -46.4% |
| Current portion of amounts payable after more than one year | 42 | €10,151 | €6,651 | -€3,500 | -34.5% |
| Trade debts | 44 | €409 | €2,196 | +€1,787 | +437.4% |
| Suppliers | 440/4 | €409 | €2,196 | +€1,787 | +437.4% |
| Taxes, remuneration and social security | 45 | €297 | €0 | -€297 | -100.0% |
| Taxes | 450/3 | €297 | €0 | -€297 | -100.0% |
| Other amounts payable | 47/48 | €5,636 | €0 | -€5,636 | -100.0% |
| Remuneration, social security and pensions | 62 | €1,395 | €1,157 | -€238 | -17.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,069 | €7,772 | -€7,297 | -48.4% |
| Other operating charges | 640/8 | €677 | €907 | +€230 | +34.0% |
| Gross operating margin | 9900 | €19,616 | €27,693 | +€8,078 | +41.2% |
| Operating profit (loss) | 9901 | €2,476 | €17,858 | +€15,382 | +621.3% |
| Financial charges | 65/66B | €720 | €1,911 | +€1,190 | +165.2% |
| Recurring financial charges | 65 | €720 | €1,911 | +€1,190 | +165.2% |
| Profit (loss) for the period before taxes | 9903 | €1,755 | €15,947 | +€14,192 | +808.5% |
| Income taxes | 67/77 | €941 | €4,620 | +€3,679 | +390.8% |
| Profit (loss) for the period | 9904 | €814 | €11,327 | +€10,513 | +1291.5% |
| Profit (loss) for the period to be appropriated | 9905 | €814 | €11,327 | +€10,513 | +1291.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.