VANEA CONSTRUCT: 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.
VANEA CONSTRUCT
Largest movements
- Cash -€14,761
down €14,761 (-83.0%), from €17,779 to €3,018
mainly Trade debts (-€9,058) and Current portion of long-term debt (-€6,338)
- Receivables within one year -€1,539
down €1,539 (-3.5%), from €43,858 to €42,319
of which Trade receivables: -€2,608
- Trade debts -€9,058
down €9,058 (-82.7%), from €10,955 to €1,897
- Current portion of long-term debt -€6,338
down €6,338 (-58.3%), from €10,865 to €4,527
- Debts after one year -€2,838
no longer reported in 2025 (was €2,838)
- Profit (loss) carried forward +€2,718
up €2,718 (+7.9%), from €34,504 to €37,222
- Tax, wage and social debts -€1,039
down €1,039 (-28.0%), from €3,711 to €2,672
of which Remuneration and social security: -€1,130
- Other operating charges -€22,973
down €22,973 (-96.0%), from €23,928 to €955
- Gross operating margin -€22,940
down €22,940 (-69.4%), from €33,073 to €10,133
- Financial income -€8,889
no longer reported in 2025 (was €8,889)
of which Financial income: -€8,889
- Financial charges +€1,652
up €1,652 (+189.5%), from €871 to €2,523
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 | €63,372 | €46,817 | -€16,555 | -26.1% |
| Fixed assets | 21/28 | €980 | €724 | -€255 | -26.1% |
| Tangible fixed assets | 22/27 | €980 | €724 | -€255 | -26.1% |
| Plant, machinery and equipment | 23 | €980 | €724 | -€255 | -26.1% |
| Current assets | 29/58 | €62,392 | €46,093 | -€16,300 | -26.1% |
| Amounts receivable within one year | 40/41 | €43,858 | €42,319 | -€1,539 | -3.5% |
| Trade receivables | 40 | €27,464 | €24,856 | -€2,608 | -9.5% |
| Other amounts receivable | 41 | €16,394 | €17,463 | +€1,069 | +6.5% |
| Cash at bank and in hand | 54/58 | €17,779 | €3,018 | -€14,761 | -83.0% |
| Deferred charges and accrued income | 490/1 | €756 | €756 | = | 0.0% |
| Total equity and liabilities | 10/49 | €63,372 | €46,817 | -€16,555 | -26.1% |
| Equity | 10/15 | €35,004 | €37,722 | +€2,718 | +7.8% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,504 | €37,222 | +€2,718 | +7.9% |
| Amounts payable | 17/49 | €28,368 | €9,095 | -€19,273 | -67.9% |
| Amounts payable after more than one year | 17 | €2,838 | - | -€2,838 | |
| Financial debts | 170/4 | €2,838 | - | -€2,838 | |
| Amounts payable within one year | 42/48 | €25,530 | €9,095 | -€16,435 | -64.4% |
| Current portion of amounts payable after more than one year | 42 | €10,865 | €4,527 | -€6,338 | -58.3% |
| Trade debts | 44 | €10,955 | €1,897 | -€9,058 | -82.7% |
| Suppliers | 440/4 | €10,955 | €1,897 | -€9,058 | -82.7% |
| Taxes, remuneration and social security | 45 | €3,711 | €2,672 | -€1,039 | -28.0% |
| Taxes | 450/3 | €2,451 | €2,542 | +€91 | +3.7% |
| Remuneration and social security | 454/9 | €1,260 | €130 | -€1,130 | -89.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €255 | €255 | = | 0.0% |
| Other operating charges | 640/8 | €23,928 | €955 | -€22,973 | -96.0% |
| Gross operating margin | 9900 | €33,073 | €10,133 | -€22,940 | -69.4% |
| Operating profit (loss) | 9901 | €8,890 | €8,923 | +€33 | +0.4% |
| Financial income | 75/76B | €8,889 | - | -€8,889 | |
| Recurring financial income | 75 | €8,889 | - | -€8,889 | |
| Non-recurring financial income | 76B | €8,889 | - | -€8,889 | |
| Financial charges | 65/66B | €871 | €2,523 | +€1,652 | +189.5% |
| Recurring financial charges | 65 | €871 | €2,523 | +€1,652 | +189.5% |
| Profit (loss) for the period before taxes | 9903 | €16,908 | €6,400 | -€10,508 | -62.1% |
| Income taxes | 67/77 | €3,907 | €3,682 | -€225 | -5.8% |
| Profit (loss) for the period | 9904 | €13,001 | €2,718 | -€10,283 | -79.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,001 | €2,718 | -€10,283 | -79.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.