VANIITAS: 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.
VANIITAS
Largest movements
- Receivables within one year -€3,067
no longer reported in 2025 (was €3,067)
- Financial fixed assets +€2,550
new in 2025: €2,550
- Intangible fixed assets -€2,240
down €2,240 (-40.0%), from €5,604 to €3,364
- Cash -€1,897
down €1,897 (-54.4%), from €3,487 to €1,590
mainly Net result for the year (-€17,661) and Investment in fixed assets (net) (-€2,550)
- Tangible fixed assets -€963
down €963 (-59.1%), from €1,630 to €667
- Profit (loss) carried forward -€17,661
down €17,661, from €14,690 to -€2,970
- Other debts +€6,989
up €6,989 (+61.5%), from €11,365 to €18,355
- Tax, wage and social debts +€3,732
up €3,732 (+121%), from €3,073 to €6,805
of which Remuneration and social security: +€3,604
- Trade debts +€1,217
up €1,217 (+109%), from €1,117 to €2,335
- Gross operating margin -€27,204
down €27,204, from €10,698 to -€16,506
- Taxes -€3,895
down €3,895, from €613 to -€3,282
- Financial charges -€3,400
down €3,400 (-76.8%), from €4,428 to €1,029
- Other operating charges +€205
new in 2025: €205
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 | €32,746 | €27,024 | -€5,722 | -17.5% |
| Fixed assets | 21/28 | €7,234 | €6,581 | -€653 | -9.0% |
| Intangible fixed assets | 21 | €5,604 | €3,364 | -€2,240 | -40.0% |
| Tangible fixed assets | 22/27 | €1,630 | €667 | -€963 | -59.1% |
| Furniture and vehicles | 24 | €1,630 | €667 | -€963 | -59.1% |
| Financial fixed assets | 28 | - | €2,550 | +€2,550 | |
| Current assets | 29/58 | €25,512 | €20,443 | -€5,069 | -19.9% |
| Stocks and contracts in progress | 3 | €18,958 | €18,853 | -€105 | -0.6% |
| Stocks | 30/36 | €18,958 | €18,853 | -€105 | -0.6% |
| Amounts receivable within one year | 40/41 | €3,067 | - | -€3,067 | |
| Trade receivables | 40 | €3,067 | - | -€3,067 | |
| Cash at bank and in hand | 54/58 | €3,487 | €1,590 | -€1,897 | -54.4% |
| Total equity and liabilities | 10/49 | €32,746 | €27,024 | -€5,722 | -17.5% |
| Equity | 10/15 | €17,190 | -€470 | -€17,661 | |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €14,690 | -€2,970 | -€17,661 | |
| Amounts payable | 17/49 | €15,555 | €27,494 | +€11,939 | +76.8% |
| Amounts payable within one year | 42/48 | €15,555 | €27,494 | +€11,939 | +76.8% |
| Trade debts | 44 | €1,117 | €2,335 | +€1,217 | +109% |
| Suppliers | 440/4 | €1,117 | €2,335 | +€1,217 | +109% |
| Taxes, remuneration and social security | 45 | €3,073 | €6,805 | +€3,732 | +121% |
| Taxes | 450/3 | €3,073 | €3,201 | +€128 | +4.2% |
| Remuneration and social security | 454/9 | - | €3,604 | +€3,604 | |
| Other amounts payable | 47/48 | €11,365 | €18,355 | +€6,989 | +61.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,203 | €3,203 | = | 0.0% |
| Other operating charges | 640/8 | - | €205 | +€205 | |
| Gross operating margin | 9900 | €10,698 | -€16,506 | -€27,204 | |
| Operating profit (loss) | 9901 | €7,495 | -€19,914 | -€27,409 | |
| Financial charges | 65/66B | €4,428 | €1,029 | -€3,400 | -76.8% |
| Recurring financial charges | 65 | €4,428 | €1,029 | -€3,400 | -76.8% |
| Profit (loss) for the period before taxes | 9903 | €3,067 | -€20,943 | -€24,009 | |
| Income taxes | 67/77 | €613 | -€3,282 | -€3,895 | |
| Profit (loss) for the period | 9904 | €2,454 | -€17,661 | -€20,114 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,454 | -€17,661 | -€20,114 |
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 21 October 2026 via checked.be.