VANDINGENEN IMMO: 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.
VANDINGENEN IMMO
Largest movements
- Stocks and contracts +€120,408
up €120,408 (+48.8%), from €246,651 to €367,060
- Receivables within one year -€10,900
down €10,900 (-100%), from €10,900 to €0
- Debts after one year +€103,000
up €103,000 (+51.5%), from €200,000 to €303,000
- Other debts +€12,486
up €12,486 (+90.8%), from €13,751 to €26,236
- Profit (loss) carried forward -€5,416
down €5,416 (-150%), from -€3,604 to -€9,020
- Gross operating margin -€1,790
down €1,790 (-63.5%), from -€2,818 to -€4,608
- Financial income -€367
down €367 (-100%), from €367 to €0
- Financial charges -€296
down €296 (-28.4%), from €1,041 to €745
- Other operating charges -€50
down €50 (-44.6%), from €112 to €62
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 | €257,551 | €367,703 | +€110,152 | +42.8% |
| Current assets | 29/58 | €257,551 | €367,703 | +€110,152 | +42.8% |
| Stocks and contracts in progress | 3 | €246,651 | €367,060 | +€120,408 | +48.8% |
| Stocks | 30/36 | €246,651 | €367,060 | +€120,408 | +48.8% |
| Amounts receivable within one year | 40/41 | €10,900 | €0 | -€10,900 | -100% |
| Trade receivables | 40 | €10,900 | €0 | -€10,900 | -100% |
| Cash at bank and in hand | 54/58 | - | €644 | +€644 | |
| Total equity and liabilities | 10/49 | €257,551 | €367,703 | +€110,152 | +42.8% |
| Equity | 10/15 | €6,396 | €980 | -€5,416 | -84.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,604 | -€9,020 | -€5,416 | -150% |
| Amounts payable | 17/49 | €251,155 | €366,723 | +€115,568 | +46.0% |
| Amounts payable after more than one year | 17 | €200,000 | €303,000 | +€103,000 | +51.5% |
| Financial debts | 170/4 | €200,000 | €303,000 | +€103,000 | +51.5% |
| Amounts payable within one year | 42/48 | €51,155 | €63,723 | +€12,568 | +24.6% |
| Current portion of amounts payable after more than one year | 42 | €37,405 | €37,405 | = | 0.0% |
| Trade debts | 44 | - | €82 | +€82 | |
| Suppliers | 440/4 | - | €82 | +€82 | |
| Other amounts payable | 47/48 | €13,751 | €26,236 | +€12,486 | +90.8% |
| Other operating charges | 640/8 | €112 | €62 | -€50 | -44.6% |
| Gross operating margin | 9900 | -€2,818 | -€4,608 | -€1,790 | -63.5% |
| Operating profit (loss) | 9901 | -€2,930 | -€4,670 | -€1,740 | -59.4% |
| Financial income | 75/76B | €367 | €0 | -€367 | -100% |
| Recurring financial income | 75 | €367 | €0 | -€367 | -100% |
| Financial charges | 65/66B | €1,041 | €745 | -€296 | -28.4% |
| Recurring financial charges | 65 | €1,041 | €745 | -€296 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,604 | -€5,416 | -€1,812 | -50.3% |
| Profit (loss) for the period | 9904 | -€3,604 | -€5,416 | -€1,812 | -50.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,604 | -€5,416 | -€1,812 | -50.3% |
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 29 October 2026 via checked.be.