Vandervennet Inge: 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.
Vandervennet Inge
Largest movements
- Cash +€20,909
up €20,909 (+60.4%), from €34,589 to €55,498
mainly Net result for the year (+€18,500) and Depreciation (+€5,782)
- Tangible fixed assets -€1,603
down €1,603 (-1.9%), from €85,701 to €84,098
of which Land and buildings: -€4,269
- Reserves +€18,500
up €18,500 (+17.0%), from €109,122 to €127,622
of which Distributable reserves: +€18,500
- Tax, wage and social debts +€2,609
up €2,609 (+71.9%), from €3,628 to €6,237
of which Taxes: +€3,738
- Gross operating margin +€12,206
up €12,206 (+55.3%), from €22,085 to €34,291
- Taxes +€2,796
up €2,796 (+54.2%), from €5,161 to €7,957
- Other operating charges +€1,429
up €1,429 (+194.0%), from €736 to €2,165
- Depreciation +€1,131
up €1,131 (+24.3%), from €4,651 to €5,782
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.
Cash bridge derived
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 | €121,346 | €140,596 | +€19,251 | +15.9% |
| Fixed assets | 21/28 | €85,701 | €84,098 | -€1,603 | -1.9% |
| Tangible fixed assets | 22/27 | €85,701 | €84,098 | -€1,603 | -1.9% |
| Land and buildings | 22 | €80,467 | €76,198 | -€4,269 | -5.3% |
| Furniture and vehicles | 24 | €5,042 | €7,900 | +€2,857 | +56.7% |
| Other tangible fixed assets | 26 | €192 | €0 | -€192 | -100.0% |
| Current assets | 29/58 | €35,645 | €56,499 | +€20,854 | +58.5% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €34,589 | €55,498 | +€20,909 | +60.4% |
| Deferred charges and accrued income | 490/1 | €1,056 | €1,000 | -€55 | -5.2% |
| Total equity and liabilities | 10/49 | €121,346 | €140,596 | +€19,251 | +15.9% |
| Equity | 10/15 | €115,339 | €133,839 | +€18,500 | +16.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €109,122 | €127,622 | +€18,500 | +17.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €109,122 | €127,622 | +€18,500 | +17.0% |
| Profit (loss) carried forward | 14 | €17 | €17 | +€0 | +0.4% |
| Amounts payable | 17/49 | €6,006 | €6,757 | +€751 | +12.5% |
| Amounts payable within one year | 42/48 | €5,238 | €6,754 | +€1,516 | +28.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,266 | €272 | -€995 | -78.6% |
| Suppliers | 440/4 | €1,266 | €272 | -€995 | -78.6% |
| Taxes, remuneration and social security | 45 | €3,628 | €6,237 | +€2,609 | +71.9% |
| Taxes | 450/3 | €143 | €3,881 | +€3,738 | +2609.6% |
| Remuneration and social security | 454/9 | €3,485 | €2,356 | -€1,128 | -32.4% |
| Other amounts payable | 47/48 | €344 | €245 | -€99 | -28.7% |
| Accrued charges and deferred income | 492/3 | €768 | €3 | -€765 | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,651 | €5,782 | +€1,131 | +24.3% |
| Other operating charges | 640/8 | €736 | €2,165 | +€1,429 | +194.0% |
| Gross operating margin | 9900 | €22,085 | €34,291 | +€12,206 | +55.3% |
| Operating profit (loss) | 9901 | €16,698 | €26,344 | +€9,646 | +57.8% |
| Financial income | 75/76B | €59 | €253 | +€193 | +325.3% |
| Recurring financial income | 75 | €59 | €253 | +€193 | +325.3% |
| Financial charges | 65/66B | €45 | €140 | +€95 | +210.2% |
| Recurring financial charges | 65 | €45 | €140 | +€95 | +210.2% |
| Profit (loss) for the period before taxes | 9903 | €16,712 | €26,457 | +€9,745 | +58.3% |
| Income taxes | 67/77 | €5,161 | €7,957 | +€2,796 | +54.2% |
| Profit (loss) for the period | 9904 | €11,551 | €18,500 | +€6,949 | +60.2% |
| Profit (loss) for the period to be appropriated | 9905 | €11,551 | €18,500 | +€6,949 | +60.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.