VANGRAMBEREN: 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.
VANGRAMBEREN
Largest movements
- Tangible fixed assets -€95,159
down €95,159 (-15.2%), from €625,659 to €530,499
of which Land and buildings: -€83,346
- Receivables within one year +€16,750
up €16,750 (+20.4%), from €82,009 to €98,759
of which Trade receivables: +€18,524
- Debts after one year -€95,037
down €95,037 (-29.3%), from €324,101 to €229,064
of which Financial debts: -€72,037
- Short-term financial debts -€84,563
no longer reported in 2025 (was €84,563)
- Trade debts +€76,707
up €76,707 (+44.7%), from €171,755 to €248,463
- Tax, wage and social debts +€17,006
up €17,006 (+49.7%), from €34,185 to €51,191
of which Remuneration and social security: +€17,797
- Current portion of long-term debt +€16,271
up €16,271 (+23.1%), from €70,359 to €86,630
- Staff costs +€49,957
up €49,957 (+15.4%), from €323,997 to €373,954
- Other operating charges -€44,428
down €44,428 (-91.4%), from €48,618 to €4,191
- Gross operating margin +€11,212
up €11,212 (+2.4%), from €471,605 to €482,817
- Depreciation +€10,399
up €10,399 (+11.4%), from €91,301 to €101,700
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 | €776,968 | €694,389 | -€82,579 | -10.6% |
| Fixed assets | 21/28 | €625,819 | €530,659 | -€95,159 | -15.2% |
| Tangible fixed assets | 22/27 | €625,659 | €530,499 | -€95,159 | -15.2% |
| Land and buildings | 22 | €573,914 | €490,568 | -€83,346 | -14.5% |
| Plant, machinery and equipment | 23 | €45,115 | €35,931 | -€9,184 | -20.4% |
| Furniture and vehicles | 24 | €6,630 | €4,001 | -€2,629 | -39.7% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €151,149 | €163,730 | +€12,580 | +8.3% |
| Stocks and contracts in progress | 3 | €16,346 | €18,169 | +€1,823 | +11.2% |
| Stocks | 30/36 | €16,346 | €18,169 | +€1,823 | +11.2% |
| Amounts receivable within one year | 40/41 | €82,009 | €98,759 | +€16,750 | +20.4% |
| Trade receivables | 40 | €34,280 | €52,804 | +€18,524 | +54.0% |
| Other amounts receivable | 41 | €47,729 | €45,955 | -€1,774 | -3.7% |
| Cash at bank and in hand | 54/58 | €52,795 | €46,802 | -€5,993 | -11.4% |
| Total equity and liabilities | 10/49 | €776,968 | €694,389 | -€82,579 | -10.6% |
| Equity | 10/15 | €72,824 | €70,628 | -€2,196 | -3.0% |
| Contributions | 10/11 | €26,000 | €26,000 | = | 0.0% |
| Reserves | 13 | €43,760 | €43,760 | = | 0.0% |
| Distributable reserves | 133 | €43,760 | €43,760 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,065 | €868 | -€2,196 | -71.7% |
| Amounts payable | 17/49 | €704,144 | €623,761 | -€80,383 | -11.4% |
| Amounts payable after more than one year | 17 | €324,101 | €229,064 | -€95,037 | -29.3% |
| Financial debts | 170/4 | €261,101 | €189,064 | -€72,037 | -27.6% |
| Other amounts payable | 178/9 | €63,000 | €40,000 | -€23,000 | -36.5% |
| Amounts payable within one year | 42/48 | €380,043 | €394,697 | +€14,654 | +3.9% |
| Current portion of amounts payable after more than one year | 42 | €70,359 | €86,630 | +€16,271 | +23.1% |
| Financial debts | 43 | €84,563 | - | -€84,563 | |
| Other loans | 439 | €84,563 | - | -€84,563 | |
| Trade debts | 44 | €171,755 | €248,463 | +€76,707 | +44.7% |
| Suppliers | 440/4 | €171,755 | €248,463 | +€76,707 | +44.7% |
| Taxes, remuneration and social security | 45 | €34,185 | €51,191 | +€17,006 | +49.7% |
| Taxes | 450/3 | €8,086 | €7,295 | -€791 | -9.8% |
| Remuneration and social security | 454/9 | €26,099 | €43,896 | +€17,797 | +68.2% |
| Other amounts payable | 47/48 | €19,181 | €8,413 | -€10,768 | -56.1% |
| Remuneration, social security and pensions | 62 | €323,997 | €373,954 | +€49,957 | +15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €91,301 | €101,700 | +€10,399 | +11.4% |
| Other operating charges | 640/8 | €48,618 | €4,191 | -€44,428 | -91.4% |
| Gross operating margin | 9900 | €471,605 | €482,817 | +€11,212 | +2.4% |
| Operating profit (loss) | 9901 | €7,688 | €2,972 | -€4,716 | -61.3% |
| Financial income | 75/76B | €20,708 | €23,484 | +€2,776 | +13.4% |
| Recurring financial income | 75 | €20,708 | €23,484 | +€2,776 | +13.4% |
| Financial charges | 65/66B | €23,916 | €22,834 | -€1,082 | -4.5% |
| Recurring financial charges | 65 | €23,916 | €22,834 | -€1,082 | -4.5% |
| Profit (loss) for the period before taxes | 9903 | €4,480 | €3,622 | -€858 | -19.1% |
| Income taxes | 67/77 | €4,282 | €5,818 | +€1,536 | +35.9% |
| Profit (loss) for the period | 9904 | €197 | -€2,196 | -€2,394 | |
| Profit (loss) for the period to be appropriated | 9905 | €197 | -€2,196 | -€2,394 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.