VANDERVONK: 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.
VANDERVONK
Largest movements
- Cash -€18,333
down €18,333 (-39.7%), from €46,227 to €27,894
mainly Receivables within one year (-€12,933) and Other debts (-€11,467)
- Receivables within one year +€12,933
up €12,933 (+94.8%), from €13,637 to €26,570
of which Trade receivables: +€16,810
- Tangible fixed assets -€1,034
down €1,034 (-3.9%), from €26,479 to €25,445
of which Furniture and vehicles: -€2,932
- Reserves +€13,140
up €13,140 (+41.2%), from €31,860 to €45,000
of which Distributable reserves: +€15,000
- Other debts -€11,467
down €11,467 (-63.1%), from €18,168 to €6,701
- Profit (loss) carried forward -€6,366
down €6,366 (-87.6%), from €7,268 to €903
- Tax, wage and social debts -€4,353
down €4,353 (-45.5%), from €9,570 to €5,217
- Trade debts +€3,059
up €3,059 (+349%), from €877 to €3,936
- Gross operating margin +€25,801
up €25,801, from -€10,773 to €15,027
- Other operating charges +€950
up €950 (+67.8%), from €1,401 to €2,351
- Financial charges +€194
up €194 (+196%), from €99 to €293
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 | €86,343 | €80,356 | -€5,986 | -6.9% |
| Fixed assets | 21/28 | €26,479 | €25,445 | -€1,034 | -3.9% |
| Tangible fixed assets | 22/27 | €26,479 | €25,445 | -€1,034 | -3.9% |
| Land and buildings | 22 | €5,133 | €4,580 | -€553 | -10.8% |
| Plant, machinery and equipment | 23 | €9,636 | €12,087 | +€2,451 | +25.4% |
| Furniture and vehicles | 24 | €11,710 | €8,778 | -€2,932 | -25.0% |
| Current assets | 29/58 | €59,864 | €54,911 | -€4,953 | -8.3% |
| Amounts receivable within one year | 40/41 | €13,637 | €26,570 | +€12,933 | +94.8% |
| Trade receivables | 40 | €9,761 | €26,570 | +€16,810 | +172% |
| Other amounts receivable | 41 | €3,877 | - | -€3,877 | |
| Cash at bank and in hand | 54/58 | €46,227 | €27,894 | -€18,333 | -39.7% |
| Deferred charges and accrued income | 490/1 | - | €447 | +€447 | |
| Total equity and liabilities | 10/49 | €86,343 | €80,356 | -€5,986 | -6.9% |
| Equity | 10/15 | €57,728 | €64,503 | +€6,774 | +11.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €31,860 | €45,000 | +€13,140 | +41.2% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €30,000 | €45,000 | +€15,000 | +50.0% |
| Profit (loss) carried forward | 14 | €7,268 | €903 | -€6,366 | -87.6% |
| Amounts payable | 17/49 | €28,614 | €15,854 | -€12,761 | -44.6% |
| Amounts payable within one year | 42/48 | €28,614 | €15,854 | -€12,761 | -44.6% |
| Trade debts | 44 | €877 | €3,936 | +€3,059 | +349% |
| Suppliers | 440/4 | €877 | €3,936 | +€3,059 | +349% |
| Taxes, remuneration and social security | 45 | €9,570 | €5,217 | -€4,353 | -45.5% |
| Taxes | 450/3 | €9,570 | €5,217 | -€4,353 | -45.5% |
| Other amounts payable | 47/48 | €18,168 | €6,701 | -€11,467 | -63.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,432 | €5,472 | +€40 | +0.7% |
| Other operating charges | 640/8 | €1,401 | €2,351 | +€950 | +67.8% |
| Gross operating margin | 9900 | -€10,773 | €15,027 | +€25,801 | |
| Operating profit (loss) | 9901 | -€17,606 | €7,205 | +€24,811 | |
| Financial income | 75/76B | €1 | €3 | +€2 | +212% |
| Recurring financial income | 75 | €1 | €3 | +€2 | +212% |
| Financial charges | 65/66B | €99 | €293 | +€194 | +196% |
| Recurring financial charges | 65 | €99 | €293 | +€194 | +196% |
| Profit (loss) for the period before taxes | 9903 | -€17,704 | €6,915 | +€24,619 | |
| Income taxes | 67/77 | €155 | €141 | -€14 | -8.8% |
| Profit (loss) for the period | 9904 | -€17,858 | €6,774 | +€24,632 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,858 | €6,774 | +€24,632 |
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 17 October 2026 via checked.be.