VANFLETEREN JOHAN: 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.
VANFLETEREN JOHAN
Largest movements
- Cash +€48,976
up €48,976 (+207%), from €23,640 to €72,616
mainly Net result for the year (+€24,082) and Depreciation (+€20,656)
- Tangible fixed assets -€14,116
down €14,116 (-7.6%), from €185,229 to €171,113
of which Furniture and vehicles: -€12,526
- Receivables within one year +€5,062
up €5,062 (+67.9%), from €7,457 to €12,519
of which Trade receivables: +€10,462
- Reserves +€24,082
up €24,082 (+24.8%), from €96,986 to €121,067
of which Tax-exempt reserves: +€12,673
- Contributions +€6,200
up €6,200 (+50.0%), from €12,400 to €18,600
- Provisions +€4,224
new in 2025: €4,224
- Accrued charges and deferred income +€3,958
up €3,958 (+41.4%), from €9,560 to €13,518
- Gross operating margin +€35,251
up €35,251 (+143%), from €24,726 to €59,977
- Other operating charges -€13,525
down €13,525 (-80.0%), from €16,906 to €3,381
- Taxes +€1,161
up €1,161 (+660%), from €176 to €1,337
- Financial charges -€901
down €901 (-12.0%), from €7,495 to €6,594
- Depreciation -€877
down €877 (-4.1%), from €21,533 to €20,656
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.
Derived cash bridge
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 | €219,497 | €257,497 | +€38,000 | +17.3% |
| Fixed assets | 21/28 | €185,364 | €171,248 | -€14,116 | -7.6% |
| Tangible fixed assets | 22/27 | €185,229 | €171,113 | -€14,116 | -7.6% |
| Land and buildings | 22 | €147,003 | €146,621 | -€382 | -0.3% |
| Plant, machinery and equipment | 23 | €2,351 | €1,144 | -€1,208 | -51.4% |
| Furniture and vehicles | 24 | €35,874 | €23,348 | -€12,526 | -34.9% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €34,133 | €86,249 | +€52,116 | +153% |
| Stocks and contracts in progress | 3 | €2,548 | €1,114 | -€1,433 | -56.3% |
| Stocks | 30/36 | €2,548 | €1,114 | -€1,433 | -56.3% |
| Amounts receivable within one year | 40/41 | €7,457 | €12,519 | +€5,062 | +67.9% |
| Trade receivables | 40 | €0 | €10,462 | +€10,462 | |
| Other amounts receivable | 41 | €7,457 | €2,056 | -€5,400 | -72.4% |
| Cash at bank and in hand | 54/58 | €23,640 | €72,616 | +€48,976 | +207% |
| Deferred charges and accrued income | 490/1 | €488 | €0 | -€488 | -100% |
| Total equity and liabilities | 10/49 | €219,497 | €257,497 | +€38,000 | +17.3% |
| Equity | 10/15 | €109,386 | €139,667 | +€30,282 | +27.7% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Reserves | 13 | €96,986 | €121,067 | +€24,082 | +24.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,800 | €17,473 | +€12,673 | +264% |
| Distributable reserves | 133 | €90,326 | €101,734 | +€11,408 | +12.6% |
| Provisions and deferred taxes | 16 | - | €4,224 | +€4,224 | |
| Deferred taxes | 168 | - | €4,224 | +€4,224 | |
| Amounts payable | 17/49 | €110,111 | €113,606 | +€3,494 | +3.2% |
| Amounts payable after more than one year | 17 | €26,000 | €26,000 | = | 0.0% |
| Financial debts | 170/4 | €26,000 | €26,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €74,552 | €74,088 | -€463 | -0.6% |
| Trade debts | 44 | €5,945 | €5,818 | -€127 | -2.1% |
| Suppliers | 440/4 | €5,945 | €5,818 | -€127 | -2.1% |
| Taxes, remuneration and social security | 45 | €2,335 | €4,235 | +€1,899 | +81.3% |
| Taxes | 450/3 | €2,335 | €4,235 | +€1,899 | +81.3% |
| Other amounts payable | 47/48 | €66,271 | €64,036 | -€2,235 | -3.4% |
| Accrued charges and deferred income | 492/3 | €9,560 | €13,518 | +€3,958 | +41.4% |
| Non-recurring operating income | 76A | - | €16,930 | +€16,930 | |
| Remuneration, social security and pensions | 62 | €359 | €0 | -€359 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,533 | €20,656 | -€877 | -4.1% |
| Other operating charges | 640/8 | €16,906 | €3,381 | -€13,525 | -80.0% |
| Gross operating margin | 9900 | €24,726 | €59,977 | +€35,251 | +143% |
| Operating profit (loss) | 9901 | -€14,072 | €35,940 | +€50,012 | |
| Financial income | 75/76B | €527 | €297 | -€230 | -43.7% |
| Recurring financial income | 75 | €527 | €297 | -€230 | -43.7% |
| Financial charges | 65/66B | €7,495 | €6,594 | -€901 | -12.0% |
| Recurring financial charges | 65 | €7,495 | €6,594 | -€901 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | -€21,040 | €29,643 | +€50,683 | |
| Transfer from deferred taxes | 780 | - | €8 | +€8 | |
| Transfer to deferred taxes | 680 | - | €4,233 | +€4,233 | |
| Income taxes | 67/77 | €176 | €1,337 | +€1,161 | +660% |
| Profit (loss) for the period | 9904 | -€21,216 | €24,082 | +€45,297 | |
| Transfer from tax-exempt reserves | 789 | - | €24 | +€24 | |
| Transfer to tax-exempt reserves | 689 | - | €12,698 | +€12,698 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,216 | €11,408 | +€32,624 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.