VANGANSBEKE: 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.
VANGANSBEKE
Largest movements
- Cash -€24,498
down €24,498 (-46.0%), from €53,209 to €28,711
mainly Net result for the year (-€29,242) and Receivables within one year (-€1,825)
- Stocks and contracts -€6,506
down €6,506 (-81.3%), from €8,000 to €1,494
- Receivables within one year +€1,825
up €1,825 (+4.6%), from €39,674 to €41,499
of which Other amounts receivable: +€11,788
- Tangible fixed assets -€1,774
down €1,774 (-68.1%), from €2,606 to €832
of which Furniture and vehicles: -€1,438
- Profit (loss) carried forward -€29,242
down €29,242 (-35.1%), from -€83,333 to -€112,575
- Gross operating margin -€18,913
down €18,913 (-274%), from -€6,903 to -€25,815
- Depreciation -€13,012
down €13,012 (-88.0%), from €14,785 to €1,774
- Staff costs +€1,769
up €1,769 (+98.9%), from -€1,788 to -€20
- Financial income +€981
up €981 (+107%), from €917 to €1,898
- Other operating charges -€662
down €662 (-22.3%), from €2,965 to €2,304
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €107,598 | €77,263 | -€30,335 | -28.2% |
| Fixed assets | 21/28 | €3,205 | €1,431 | -€1,774 | -55.3% |
| Tangible fixed assets | 22/27 | €2,606 | €832 | -€1,774 | -68.1% |
| Plant, machinery and equipment | 23 | €336 | - | -€336 | |
| Furniture and vehicles | 24 | €2,270 | €832 | -€1,438 | -63.4% |
| Financial fixed assets | 28 | €599 | €599 | = | 0.0% |
| Current assets | 29/58 | €104,393 | €75,832 | -€28,561 | -27.4% |
| Stocks and contracts in progress | 3 | €8,000 | €1,494 | -€6,506 | -81.3% |
| Stocks | 30/36 | €8,000 | €1,494 | -€6,506 | -81.3% |
| Amounts receivable within one year | 40/41 | €39,674 | €41,499 | +€1,825 | +4.6% |
| Trade receivables | 40 | €11,274 | €1,312 | -€9,962 | -88.4% |
| Other amounts receivable | 41 | €28,400 | €40,188 | +€11,788 | +41.5% |
| Cash at bank and in hand | 54/58 | €53,209 | €28,711 | -€24,498 | -46.0% |
| Deferred charges and accrued income | 490/1 | €3,510 | €4,128 | +€617 | +17.6% |
| Total equity and liabilities | 10/49 | €107,598 | €77,263 | -€30,335 | -28.2% |
| Equity | 10/15 | €101,401 | €72,159 | -€29,242 | -28.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €122,734 | €122,734 | = | 0.0% |
| Non-distributable reserves | 130/1 | €122,734 | €122,734 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,533 | €2,533 | = | 0.0% |
| Other | 1319 | €120,200 | €120,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,333 | -€112,575 | -€29,242 | -35.1% |
| Amounts payable | 17/49 | €6,197 | €5,104 | -€1,093 | -17.6% |
| Amounts payable within one year | 42/48 | €6,197 | €5,104 | -€1,093 | -17.6% |
| Trade debts | 44 | €5,030 | €4,185 | -€845 | -16.8% |
| Suppliers | 440/4 | €5,030 | €4,185 | -€845 | -16.8% |
| Taxes, remuneration and social security | 45 | €1,166 | €919 | -€248 | -21.2% |
| Taxes | 450/3 | €1,166 | €919 | -€248 | -21.2% |
| Non-recurring operating income | 76A | €16,653 | €2,225 | -€14,428 | -86.6% |
| Remuneration, social security and pensions | 62 | -€1,788 | -€20 | +€1,769 | +98.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,785 | €1,774 | -€13,012 | -88.0% |
| Other operating charges | 640/8 | €2,965 | €2,304 | -€662 | -22.3% |
| Non-recurring operating charges | 66A | €237 | €217 | -€20 | -8.6% |
| Gross operating margin | 9900 | -€6,903 | -€25,815 | -€18,913 | -274% |
| Operating profit (loss) | 9901 | -€23,102 | -€30,090 | -€6,988 | -30.2% |
| Financial income | 75/76B | €917 | €1,898 | +€981 | +107% |
| Recurring financial income | 75 | €917 | €1,898 | +€981 | +107% |
| Financial charges | 65/66B | €190 | €276 | +€86 | +45.2% |
| Recurring financial charges | 65 | €190 | €276 | +€86 | +45.2% |
| Profit (loss) for the period before taxes | 9903 | -€22,375 | -€28,468 | -€6,093 | -27.2% |
| Income taxes | 67/77 | €808 | €773 | -€35 | -4.3% |
| Profit (loss) for the period | 9904 | -€23,184 | -€29,242 | -€6,058 | -26.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,184 | -€29,242 | -€6,058 | -26.1% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.