VANDERVINNE LABO: 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.
VANDERVINNE LABO
Largest movements
- Tangible fixed assets +€83,366
up €83,366 (+54.0%), from €154,248 to €237,614
of which Other tangible fixed assets: +€53,135
- Receivables within one year +€20,760
up €20,760 (+19.0%), from €109,452 to €130,213
of which Other amounts receivable: +€22,906
- Cash -€7,070
down €7,070 (-50.8%), from €13,909 to €6,840
mainly Investment in fixed assets (net) (-€102,953) and Receivables within one year (-€20,760)
- Profit (loss) carried forward +€58,815
up €58,815 (+24.1%), from €244,237 to €303,052
- Debts after one year +€17,896
new in 2025: €17,896
- Trade debts +€8,102
up €8,102 (+145.1%), from €5,585 to €13,688
- Other debts +€6,800
up €6,800 (+161.9%), from €4,200 to €11,000
- Current portion of long-term debt +€4,733
up €4,733 (+45.6%), from €10,381 to €15,114
- Gross operating margin -€132,762
down €132,762 (-50.7%), from €261,755 to €128,993
- Taxes -€33,326
down €33,326 (-57.4%), from €58,032 to €24,706
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 | €282,461 | €379,122 | +€96,661 | +34.2% |
| Fixed assets | 21/28 | €155,748 | €239,114 | +€83,366 | +53.5% |
| Tangible fixed assets | 22/27 | €154,248 | €237,614 | +€83,366 | +54.0% |
| Furniture and vehicles | 24 | €44,777 | €75,007 | +€30,231 | +67.5% |
| Other tangible fixed assets | 26 | €109,472 | €162,607 | +€53,135 | +48.5% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €126,712 | €140,008 | +€13,295 | +10.5% |
| Amounts receivable within one year | 40/41 | €109,452 | €130,213 | +€20,760 | +19.0% |
| Trade receivables | 40 | €98,593 | €96,447 | -€2,146 | -2.2% |
| Other amounts receivable | 41 | €10,859 | €33,765 | +€22,906 | +210.9% |
| Cash at bank and in hand | 54/58 | €13,909 | €6,840 | -€7,070 | -50.8% |
| Deferred charges and accrued income | 490/1 | €3,351 | €2,955 | -€396 | -11.8% |
| Total equity and liabilities | 10/49 | €282,461 | €379,122 | +€96,661 | +34.2% |
| Equity | 10/15 | €247,237 | €306,052 | +€58,815 | +23.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €244,237 | €303,052 | +€58,815 | +24.1% |
| Amounts payable | 17/49 | €35,224 | €73,070 | +€37,846 | +107.4% |
| Amounts payable after more than one year | 17 | - | €17,896 | +€17,896 | |
| Financial debts | 170/4 | - | €17,896 | +€17,896 | |
| Amounts payable within one year | 42/48 | €35,224 | €55,173 | +€19,950 | +56.6% |
| Current portion of amounts payable after more than one year | 42 | €10,381 | €15,114 | +€4,733 | +45.6% |
| Financial debts | 43 | €5,441 | €5,756 | +€314 | +5.8% |
| Credit institutions | 430/8 | €5,441 | €5,756 | +€314 | +5.8% |
| Trade debts | 44 | €5,585 | €13,688 | +€8,102 | +145.1% |
| Suppliers | 440/4 | €5,585 | €13,688 | +€8,102 | +145.1% |
| Taxes, remuneration and social security | 45 | €9,617 | €9,617 | = | 0.0% |
| Taxes | 450/3 | €9,617 | €9,617 | = | 0.0% |
| Other amounts payable | 47/48 | €4,200 | €11,000 | +€6,800 | +161.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,125 | €19,587 | -€1,538 | -7.3% |
| Other operating charges | 640/8 | €721 | €654 | -€66 | -9.2% |
| Non-recurring operating charges | 66A | - | €13,459 | +€13,459 | |
| Gross operating margin | 9900 | €261,755 | €128,993 | -€132,762 | -50.7% |
| Operating profit (loss) | 9901 | €239,909 | €95,292 | -€144,617 | -60.3% |
| Financial income | 75/76B | €1,048 | €176 | -€872 | -83.2% |
| Recurring financial income | 75 | €1,048 | €176 | -€872 | -83.2% |
| Financial charges | 65/66B | €727 | €948 | +€221 | +30.3% |
| Recurring financial charges | 65 | €727 | €948 | +€221 | +30.3% |
| Profit (loss) for the period before taxes | 9903 | €240,231 | €94,521 | -€145,710 | -60.7% |
| Income taxes | 67/77 | €58,032 | €24,706 | -€33,326 | -57.4% |
| Profit (loss) for the period | 9904 | €182,199 | €69,815 | -€112,384 | -61.7% |
| Profit (loss) for the period to be appropriated | 9905 | €182,199 | €69,815 | -€112,384 | -61.7% |
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 11 October 2026 via checked.be.