VANESTIABEL: 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.
VANESTIABEL
Largest movements
- Receivables within one year -€5,000
down €5,000 (-100.0%), from €5,000 to €0
- Cash -€611
down €611 (-10.0%), from €6,127 to €5,516
mainly Net result for the year (-€3,470) and Trade debts (-€2,541)
- Profit (loss) carried forward -€3,470
down €3,470 (-18.9%), from -€18,405 to -€21,875
- Trade debts -€2,541
down €2,541 (-100.0%), from €2,541 to €0
- Accrued charges and deferred income +€400
up €400 (+78.3%), from €511 to €910
- Gross operating margin +€7,422
up €7,422 (+71.0%), from -€10,447 to -€3,025
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 | €14,627 | €9,016 | -€5,611 | -38.4% |
| Fixed assets | 21/28 | €3,500 | €3,500 | = | 0.0% |
| Financial fixed assets | 28 | €3,500 | €3,500 | = | 0.0% |
| Current assets | 29/58 | €11,127 | €5,516 | -€5,611 | -50.4% |
| Amounts receivable within one year | 40/41 | €5,000 | €0 | -€5,000 | -100.0% |
| Other amounts receivable | 41 | €5,000 | €0 | -€5,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €6,127 | €5,516 | -€611 | -10.0% |
| Total equity and liabilities | 10/49 | €14,627 | €9,016 | -€5,611 | -38.4% |
| Equity | 10/15 | -€8,405 | -€11,875 | -€3,470 | -41.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,405 | -€21,875 | -€3,470 | -18.9% |
| Amounts payable | 17/49 | €23,032 | €20,890 | -€2,141 | -9.3% |
| Amounts payable within one year | 42/48 | €22,521 | €19,980 | -€2,541 | -11.3% |
| Trade debts | 44 | €2,541 | €0 | -€2,541 | -100.0% |
| Suppliers | 440/4 | €2,541 | €0 | -€2,541 | -100.0% |
| Other amounts payable | 47/48 | €19,980 | €19,980 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €511 | €910 | +€400 | +78.3% |
| Other operating charges | 640/8 | €362 | €400 | +€38 | +10.4% |
| Gross operating margin | 9900 | -€10,447 | -€3,025 | +€7,422 | +71.0% |
| Operating profit (loss) | 9901 | -€10,809 | -€3,425 | +€7,384 | +68.3% |
| Financial charges | 65/66B | €109 | €45 | -€64 | -58.6% |
| Recurring financial charges | 65 | €109 | €45 | -€64 | -58.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,918 | -€3,470 | +€7,448 | +68.2% |
| Profit (loss) for the period | 9904 | -€10,918 | -€3,470 | +€7,448 | +68.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,918 | -€3,470 | +€7,448 | +68.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.