Vandilux: 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.
Vandilux
Largest movements
- Stocks and contracts -€5,162
down €5,162 (-13.8%), from €37,339 to €32,177
- Tangible fixed assets -€3,676
down €3,676 (-24.2%), from €15,179 to €11,503
of which Furniture and vehicles: -€1,964
- Cash -€1,252
down €1,252 (-51.1%), from €2,449 to €1,197
mainly Net result for the year (-€5,500) and Other debts (-€4,357)
- Receivables within one year +€642
up €642 (+13.0%), from €4,938 to €5,579
- Profit (loss) carried forward -€5,500
down €5,500 (-26.4%), from -€20,865 to -€26,365
- Other debts -€4,357
down €4,357 (-21.3%), from €20,449 to €16,092
- Accrued charges and deferred income +€3,408
new in 2025: €3,408
- Tax, wage and social debts -€2,994
down €2,994 (-74.1%), from €4,040 to €1,045
- Gross operating margin -€13,087
down €13,087, from €12,434 to -€653
- Depreciation -€7,292
down €7,292 (-66.5%), from €10,969 to €3,676
- Taxes -€1,646
down €1,646 (-75.8%), from €2,170 to €525
- Financial charges -€218
down €218 (-51.9%), from €421 to €203
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 | €61,178 | €51,585 | -€9,593 | -15.7% |
| Fixed assets | 21/28 | €15,679 | €12,003 | -€3,676 | -23.4% |
| Tangible fixed assets | 22/27 | €15,179 | €11,503 | -€3,676 | -24.2% |
| Land and buildings | 22 | €13,215 | €11,503 | -€1,712 | -13.0% |
| Furniture and vehicles | 24 | €1,964 | €0 | -€1,964 | -100.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €45,499 | €39,582 | -€5,917 | -13.0% |
| Stocks and contracts in progress | 3 | €37,339 | €32,177 | -€5,162 | -13.8% |
| Stocks | 30/36 | €37,339 | €32,177 | -€5,162 | -13.8% |
| Amounts receivable within one year | 40/41 | €4,938 | €5,579 | +€642 | +13.0% |
| Trade receivables | 40 | €4,938 | €5,579 | +€642 | +13.0% |
| Cash at bank and in hand | 54/58 | €2,449 | €1,197 | -€1,252 | -51.1% |
| Deferred charges and accrued income | 490/1 | €772 | €628 | -€145 | -18.7% |
| Total equity and liabilities | 10/49 | €61,178 | €51,585 | -€9,593 | -15.7% |
| Equity | 10/15 | €34,391 | €28,890 | -€5,500 | -16.0% |
| Contributions | 10/11 | €12,700 | €12,700 | = | 0.0% |
| Reserves | 13 | €42,556 | €42,556 | = | 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% |
| Distributable reserves | 133 | €40,696 | €40,696 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,865 | -€26,365 | -€5,500 | -26.4% |
| Amounts payable | 17/49 | €26,788 | €22,694 | -€4,093 | -15.3% |
| Amounts payable within one year | 42/48 | €26,788 | €19,287 | -€7,501 | -28.0% |
| Trade debts | 44 | €2,299 | €2,150 | -€149 | -6.5% |
| Suppliers | 440/4 | €2,299 | €2,150 | -€149 | -6.5% |
| Taxes, remuneration and social security | 45 | €4,040 | €1,045 | -€2,994 | -74.1% |
| Taxes | 450/3 | €4,040 | €1,045 | -€2,994 | -74.1% |
| Other amounts payable | 47/48 | €20,449 | €16,092 | -€4,357 | -21.3% |
| Accrued charges and deferred income | 492/3 | - | €3,408 | +€3,408 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,969 | €3,676 | -€7,292 | -66.5% |
| Other operating charges | 640/8 | €457 | €449 | -€7 | -1.6% |
| Gross operating margin | 9900 | €12,434 | -€653 | -€13,087 | |
| Operating profit (loss) | 9901 | €1,009 | -€4,778 | -€5,787 | |
| Financial income | 75/76B | €5 | €5 | +€0 | +5.2% |
| Recurring financial income | 75 | €5 | €5 | +€0 | +5.2% |
| Financial charges | 65/66B | €421 | €203 | -€218 | -51.9% |
| Recurring financial charges | 65 | €421 | €203 | -€218 | -51.9% |
| Profit (loss) for the period before taxes | 9903 | €593 | -€4,976 | -€5,569 | |
| Income taxes | 67/77 | €2,170 | €525 | -€1,646 | -75.8% |
| Profit (loss) for the period | 9904 | -€1,577 | -€5,500 | -€3,923 | -248.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,577 | -€5,500 | -€3,923 | -248.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.