VANDRI: 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.
VANDRI
Largest movements
- Tangible fixed assets +€17,310
up €17,310 (+643.8%), from €2,689 to €19,999
- Receivables within one year +€7,825
up €7,825 (+41.7%), from €18,784 to €26,608
- Cash -€5,950
down €5,950 (-60.7%), from €9,796 to €3,846
mainly Investment in fixed assets (net) (-€19,029) and Accrued charges and deferred income (-€15,000)
- Stocks and contracts -€551
down €551 (-27.5%), from €2,000 to €1,449
- Accrued charges and deferred income -€15,000
no longer reported in 2024 (was €15,000)
- Debts after one year +€13,777
new in 2024: €13,777
- Profit (loss) carried forward +€10,248
up €10,248 (+56.3%), from -€18,204 to -€7,956
- Tax, wage and social debts +€5,982
up €5,982 (+749.0%), from €799 to €6,781
of which Taxes: +€5,116
- Current portion of long-term debt +€4,492
new in 2024: €4,492
- Gross operating margin +€13,545
up €13,545 (+125.7%), from €10,774 to €24,319
- Taxes +€5,915
new in 2024: €5,915
- Other operating charges +€2,861
up €2,861 (+360.6%), from €793 to €3,654
- Financial income -€2,713
down €2,713 (-100.0%), from €2,714 to €1
- Staff costs +€2,267
up €2,267, from €0 to €2,267
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €34,422 | €53,056 | +€18,634 | +54.1% |
| Fixed assets | 21/28 | €3,843 | €21,153 | +€17,310 | +450.4% |
| Tangible fixed assets | 22/27 | €2,689 | €19,999 | +€17,310 | +643.8% |
| Furniture and vehicles | 24 | €2,689 | €19,999 | +€17,310 | +643.8% |
| Financial fixed assets | 28 | €1,154 | €1,154 | = | 0.0% |
| Current assets | 29/58 | €30,579 | €31,903 | +€1,324 | +4.3% |
| Stocks and contracts in progress | 3 | €2,000 | €1,449 | -€551 | -27.5% |
| Stocks | 30/36 | €2,000 | €1,449 | -€551 | -27.5% |
| Amounts receivable within one year | 40/41 | €18,784 | €26,608 | +€7,825 | +41.7% |
| Other amounts receivable | 41 | €18,784 | €26,608 | +€7,825 | +41.7% |
| Cash at bank and in hand | 54/58 | €9,796 | €3,846 | -€5,950 | -60.7% |
| Total equity and liabilities | 10/49 | €34,422 | €53,056 | +€18,634 | +54.1% |
| Equity | 10/15 | -€3,944 | €6,304 | +€10,248 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€18,204 | -€7,956 | +€10,248 | +56.3% |
| Amounts payable | 17/49 | €38,366 | €46,752 | +€8,386 | +21.9% |
| Amounts payable after more than one year | 17 | - | €13,777 | +€13,777 | |
| Financial debts | 170/4 | - | €13,777 | +€13,777 | |
| Amounts payable within one year | 42/48 | €23,366 | €32,975 | +€9,609 | +41.1% |
| Current portion of amounts payable after more than one year | 42 | - | €4,492 | +€4,492 | |
| Trade debts | 44 | €22,568 | €21,702 | -€865 | -3.8% |
| Suppliers | 440/4 | €22,568 | €21,702 | -€865 | -3.8% |
| Taxes, remuneration and social security | 45 | €799 | €6,781 | +€5,982 | +749.0% |
| Taxes | 450/3 | €799 | €5,915 | +€5,116 | +640.6% |
| Remuneration and social security | 454/9 | €0 | €866 | +€866 | |
| Accrued charges and deferred income | 492/3 | €15,000 | - | -€15,000 | |
| Remuneration, social security and pensions | 62 | €0 | €2,267 | +€2,267 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €607 | €1,719 | +€1,112 | +183.2% |
| Other operating charges | 640/8 | €793 | €3,654 | +€2,861 | +360.6% |
| Gross operating margin | 9900 | €10,774 | €24,319 | +€13,545 | +125.7% |
| Operating profit (loss) | 9901 | €9,373 | €16,678 | +€7,305 | +77.9% |
| Financial income | 75/76B | €2,714 | €1 | -€2,713 | -100.0% |
| Recurring financial income | 75 | €2,714 | €1 | -€2,713 | -100.0% |
| Financial charges | 65/66B | €373 | €517 | +€144 | +38.7% |
| Recurring financial charges | 65 | €373 | €517 | +€144 | +38.7% |
| Profit (loss) for the period before taxes | 9903 | €11,715 | €16,163 | +€4,448 | +38.0% |
| Income taxes | 67/77 | - | €5,915 | +€5,915 | |
| Profit (loss) for the period | 9904 | €11,715 | €10,248 | -€1,467 | -12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,715 | €10,248 | -€1,467 | -12.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.