VANEGO: 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.
VANEGO
Largest movements
- Tangible fixed assets +€8,022
up €8,022 (+11.8%), from €67,972 to €75,994
of which Plant, machinery and equipment: +€28,210
- Cash -€4,955
down €4,955 (-50.2%), from €9,879 to €4,924
mainly Investment in fixed assets (net) (-€21,631) and Debts after one year (-€11,621)
- Receivables within one year +€1,715
up €1,715 (+13.5%), from €12,731 to €14,446
of which Trade receivables: +€4,734
- Deferred charges and accrued income -€1,435
down €1,435 (-87.0%), from €1,649 to €214
- Debts after one year -€11,621
down €11,621 (-55.2%), from €21,062 to €9,441
- Other debts +€7,807
up €7,807 (+22.3%), from €35,041 to €42,848
- Profit (loss) carried forward +€6,947
up €6,947, from -€2,390 to €4,557
- Current portion of long-term debt -€4,098
down €4,098 (-27.0%), from €15,166 to €11,068
- Tax, wage and social debts +€3,435
up €3,435 (+102.1%), from €3,365 to €6,800
- Gross operating margin +€28,149
up €28,149 (+908.0%), from €3,100 to €31,249
- Other operating charges +€7,220
up €7,220 (+515.3%), from €1,401 to €8,621
- Financial income -€2,536
no longer reported in 2024 (was €2,536)
of which Financial income: -€2,536
- Depreciation -€1,964
down €1,964 (-12.6%), from €15,573 to €13,609
- Financial charges -€338
down €338 (-18.9%), from €1,788 to €1,450
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 | €92,893 | €96,239 | +€3,346 | +3.6% |
| Fixed assets | 21/28 | €68,107 | €76,129 | +€8,022 | +11.8% |
| Tangible fixed assets | 22/27 | €67,972 | €75,994 | +€8,022 | +11.8% |
| Land and buildings | 22 | - | €3,032 | +€3,032 | |
| Plant, machinery and equipment | 23 | €4,079 | €32,289 | +€28,210 | +691.6% |
| Furniture and vehicles | 24 | €32,471 | €12,813 | -€19,658 | -60.5% |
| Leasing and similar rights | 25 | €31,422 | €27,367 | -€4,055 | -12.9% |
| Other tangible fixed assets | 26 | - | €493 | +€493 | |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €24,786 | €20,110 | -€4,676 | -18.9% |
| Stocks and contracts in progress | 3 | €527 | €526 | -€1 | -0.2% |
| Stocks | 30/36 | €527 | €526 | -€1 | -0.2% |
| Amounts receivable within one year | 40/41 | €12,731 | €14,446 | +€1,715 | +13.5% |
| Trade receivables | 40 | €9,712 | €14,446 | +€4,734 | +48.7% |
| Other amounts receivable | 41 | €3,019 | - | -€3,019 | |
| Cash at bank and in hand | 54/58 | €9,879 | €4,924 | -€4,955 | -50.2% |
| Deferred charges and accrued income | 490/1 | €1,649 | €214 | -€1,435 | -87.0% |
| Total equity and liabilities | 10/49 | €92,893 | €96,239 | +€3,346 | +3.6% |
| Equity | 10/15 | €10,050 | €16,997 | +€6,947 | +69.1% |
| Contributions | 10/11 | €10,580 | €10,580 | = | 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 | -€2,390 | €4,557 | +€6,947 | |
| Amounts payable | 17/49 | €82,843 | €79,242 | -€3,601 | -4.3% |
| Amounts payable after more than one year | 17 | €21,062 | €9,441 | -€11,621 | -55.2% |
| Financial debts | 170/4 | €21,062 | €9,441 | -€11,621 | -55.2% |
| Amounts payable within one year | 42/48 | €61,781 | €69,801 | +€8,020 | +13.0% |
| Current portion of amounts payable after more than one year | 42 | €15,166 | €11,068 | -€4,098 | -27.0% |
| Financial debts | 43 | €1,270 | €145 | -€1,125 | -88.6% |
| Credit institutions | 430/8 | €1,270 | €145 | -€1,125 | -88.6% |
| Trade debts | 44 | €6,939 | €8,940 | +€2,001 | +28.8% |
| Suppliers | 440/4 | €6,939 | €8,940 | +€2,001 | +28.8% |
| Taxes, remuneration and social security | 45 | €3,365 | €6,800 | +€3,435 | +102.1% |
| Taxes | 450/3 | €3,365 | €6,800 | +€3,435 | +102.1% |
| Other amounts payable | 47/48 | €35,041 | €42,848 | +€7,807 | +22.3% |
| Remuneration, social security and pensions | 62 | -€218 | - | +€218 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,573 | €13,609 | -€1,964 | -12.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €350 | €622 | +€272 | +77.7% |
| Other operating charges | 640/8 | €1,401 | €8,621 | +€7,220 | +515.3% |
| Gross operating margin | 9900 | €3,100 | €31,249 | +€28,149 | +908.0% |
| Operating profit (loss) | 9901 | -€14,006 | €8,397 | +€22,403 | |
| Financial income | 75/76B | €2,536 | - | -€2,536 | |
| Recurring financial income | 75 | €2,536 | - | -€2,536 | |
| Non-recurring financial income | 76B | €2,536 | - | -€2,536 | |
| Financial charges | 65/66B | €1,788 | €1,450 | -€338 | -18.9% |
| Recurring financial charges | 65 | €1,788 | €1,450 | -€338 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | -€13,258 | €6,947 | +€20,205 | |
| Profit (loss) for the period | 9904 | -€13,258 | €6,947 | +€20,205 | |
| Profit (loss) for the period to be appropriated | 9905 | -€13,258 | €6,947 | +€20,205 |
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 8 October 2026 via checked.be.