VANDRIMMO: 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.
VANDRIMMO
Largest movements
- Cash -€27,407
down €27,407 (-44.2%), from €61,979 to €34,572
mainly Contributions, distributions and other (-€37,212) and Tax, wage and social debts (-€7,249)
- Reserves -€17,777
down €17,777 (-7.7%), from €229,716 to €211,939
of which Distributable reserves: -€17,777
- Tax, wage and social debts -€7,249
down €7,249 (-81.7%), from €8,876 to €1,627
- Gross operating margin +€2,441
up €2,441 (+7.0%), from €35,109 to €37,550
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 | €421,757 | €397,760 | -€23,997 | -5.7% |
| Fixed assets | 21/28 | €356,211 | €358,350 | +€2,139 | +0.6% |
| Tangible fixed assets | 22/27 | €356,211 | €358,350 | +€2,139 | +0.6% |
| Land and buildings | 22 | €356,211 | €354,999 | -€1,212 | -0.3% |
| Plant, machinery and equipment | 23 | - | €3,351 | +€3,351 | |
| Current assets | 29/58 | €65,546 | €39,410 | -€26,136 | -39.9% |
| Amounts receivable within one year | 40/41 | €1,500 | €2,758 | +€1,258 | +83.8% |
| Trade receivables | 40 | €0 | €1,258 | +€1,258 | |
| Other amounts receivable | 41 | €1,500 | €1,500 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €61,979 | €34,572 | -€27,407 | -44.2% |
| Deferred charges and accrued income | 490/1 | €2,067 | €2,080 | +€13 | +0.6% |
| Total equity and liabilities | 10/49 | €421,757 | €397,760 | -€23,997 | -5.7% |
| Equity | 10/15 | €404,316 | €386,539 | -€17,777 | -4.4% |
| Contributions | 10/11 | €174,600 | €174,600 | = | 0.0% |
| Reserves | 13 | €229,716 | €211,939 | -€17,777 | -7.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €229,716 | €211,939 | -€17,777 | -7.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €17,441 | €11,221 | -€6,220 | -35.7% |
| Amounts payable within one year | 42/48 | €17,441 | €10,837 | -€6,604 | -37.9% |
| Trade debts | 44 | - | €645 | +€645 | |
| Suppliers | 440/4 | - | €645 | +€645 | |
| Taxes, remuneration and social security | 45 | €8,876 | €1,627 | -€7,249 | -81.7% |
| Taxes | 450/3 | €8,876 | €1,627 | -€7,249 | -81.7% |
| Other amounts payable | 47/48 | €8,565 | €8,565 | +€0 | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €384 | +€384 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,200 | €1,370 | +€170 | +14.1% |
| Other operating charges | 640/8 | €7,230 | €7,552 | +€322 | +4.5% |
| Gross operating margin | 9900 | €35,109 | €37,550 | +€2,441 | +7.0% |
| Operating profit (loss) | 9901 | €26,679 | €28,628 | +€1,950 | +7.3% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €66 | €66 | = | 0.0% |
| Recurring financial charges | 65 | €66 | €66 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €26,612 | €28,562 | +€1,950 | +7.3% |
| Income taxes | 67/77 | €8,876 | €9,127 | +€251 | +2.8% |
| Profit (loss) for the period | 9904 | €17,737 | €19,435 | +€1,699 | +9.6% |
| Profit (loss) for the period to be appropriated | 9905 | €17,737 | €19,435 | +€1,699 | +9.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.