VANIELO: 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.
VANIELO
Largest movements
- Receivables within one year +€42,713
up €42,713 (+16051.7%), from €266 to €42,980
- Profit (loss) carried forward +€89,836
up €89,836 (+4319062.0%), from €2 to €89,839
- Debts after one year -€74,126
down €74,126 (-40.1%), from €184,933 to €110,806
of which Financial debts: -€38,076
- Tax, wage and social debts +€23,279
up €23,279 (+171.5%), from €13,576 to €36,854
- Gross operating margin +€62,320
up €62,320 (+110.0%), from €56,663 to €118,983
- Taxes +€9,703
up €9,703 (+71.5%), from €13,576 to €23,279
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 | €341,962 | €382,062 | +€40,101 | +11.7% |
| Fixed assets | 21/28 | €335,000 | €335,000 | = | 0.0% |
| Financial fixed assets | 28 | €335,000 | €335,000 | = | 0.0% |
| Current assets | 29/58 | €6,962 | €47,062 | +€40,101 | +576.0% |
| Amounts receivable within one year | 40/41 | €266 | €42,980 | +€42,713 | +16051.7% |
| Other amounts receivable | 41 | €266 | €42,980 | +€42,713 | +16051.7% |
| Cash at bank and in hand | 54/58 | €6,696 | €4,083 | -€2,613 | -39.0% |
| Total equity and liabilities | 10/49 | €341,962 | €382,062 | +€40,101 | +11.7% |
| Equity | 10/15 | €106,202 | €196,039 | +€89,836 | +84.6% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €36,200 | €36,200 | = | 0.0% |
| Distributable reserves | 133 | €36,200 | €36,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2 | €89,839 | +€89,836 | +4319062.0% |
| Amounts payable | 17/49 | €235,760 | €186,024 | -€49,736 | -21.1% |
| Amounts payable after more than one year | 17 | €184,933 | €110,806 | -€74,126 | -40.1% |
| Financial debts | 170/4 | €148,883 | €110,806 | -€38,076 | -25.6% |
| Other amounts payable | 178/9 | €36,050 | €0 | -€36,050 | -100.0% |
| Amounts payable within one year | 42/48 | €50,827 | €75,217 | +€24,390 | +48.0% |
| Current portion of amounts payable after more than one year | 42 | €36,948 | €38,076 | +€1,128 | +3.1% |
| Trade debts | 44 | €303 | €286 | -€16 | -5.4% |
| Suppliers | 440/4 | €303 | €286 | -€16 | -5.4% |
| Taxes, remuneration and social security | 45 | €13,576 | €36,854 | +€23,279 | +171.5% |
| Taxes | 450/3 | €13,576 | €36,854 | +€23,279 | +171.5% |
| Other operating charges | 640/8 | €552 | €584 | +€32 | +5.8% |
| Gross operating margin | 9900 | €56,663 | €118,983 | +€62,320 | +110.0% |
| Operating profit (loss) | 9901 | €56,111 | €118,399 | +€62,288 | +111.0% |
| Financial charges | 65/66B | €6,332 | €5,284 | -€1,048 | -16.6% |
| Recurring financial charges | 65 | €6,332 | €5,284 | -€1,048 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | €49,779 | €113,115 | +€63,336 | +127.2% |
| Income taxes | 67/77 | €13,576 | €23,279 | +€9,703 | +71.5% |
| Profit (loss) for the period | 9904 | €36,204 | €89,836 | +€53,633 | +148.1% |
| Profit (loss) for the period to be appropriated | 9905 | €36,204 | €89,836 | +€53,633 | +148.1% |
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 2 October 2026 via checked.be.