Vanillie: 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.
Vanillie
Largest movements
- Tangible fixed assets +€749,869
up €749,869 (+80330.5%), from €933 to €750,803
of which Land and buildings: +€750,273
- Cash -€45,973
down €45,973 (-58.1%), from €79,068 to €33,095
mainly Investment in fixed assets (net) (-€750,273) and Trade debts (-€11,765)
- Deferred charges and accrued income -€9,000
down €9,000 (-100.0%), from €9,000 to €0
- Debts after one year +€600,000
new in 2025: €600,000
- Reserves +€59,777
up €59,777 (+69.0%), from €86,582 to €146,359
- Other debts +€45,046
up €45,046, from €0 to €45,046
- Trade debts -€11,765
down €11,765 (-100.0%), from €11,765 to €0
- Gross operating margin +€22,864
up €22,864 (+33.4%), from €68,499 to €91,363
- Financial charges +€6,994
up €6,994 (+2038.3%), from €343 to €7,337
- Taxes +€4,657
up €4,657 (+24.5%), from €19,021 to €23,678
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 | €126,952 | €823,257 | +€696,304 | +548.5% |
| Fixed assets | 21/28 | €933 | €750,803 | +€749,869 | +80330.5% |
| Tangible fixed assets | 22/27 | €933 | €750,803 | +€749,869 | +80330.5% |
| Land and buildings | 22 | - | €750,273 | +€750,273 | |
| Furniture and vehicles | 24 | €933 | €529 | -€404 | -43.3% |
| Current assets | 29/58 | €126,019 | €72,454 | -€53,565 | -42.5% |
| Amounts receivable within one year | 40/41 | €37,951 | €39,359 | +€1,408 | +3.7% |
| Trade receivables | 40 | €16,788 | €38,690 | +€21,902 | +130.5% |
| Other amounts receivable | 41 | €21,163 | €669 | -€20,494 | -96.8% |
| Cash at bank and in hand | 54/58 | €79,068 | €33,095 | -€45,973 | -58.1% |
| Deferred charges and accrued income | 490/1 | €9,000 | €0 | -€9,000 | -100.0% |
| Total equity and liabilities | 10/49 | €126,952 | €823,257 | +€696,304 | +548.5% |
| Equity | 10/15 | €87,582 | €147,359 | +€59,777 | +68.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €86,582 | €146,359 | +€59,777 | +69.0% |
| Distributable reserves | 133 | €86,582 | €146,359 | +€59,777 | +69.0% |
| Amounts payable | 17/49 | €39,370 | €675,897 | +€636,528 | +1616.8% |
| Amounts payable after more than one year | 17 | - | €600,000 | +€600,000 | |
| Financial debts | 170/4 | - | €600,000 | +€600,000 | |
| Amounts payable within one year | 42/48 | €39,370 | €75,897 | +€36,528 | +92.8% |
| Trade debts | 44 | €11,765 | €0 | -€11,765 | -100.0% |
| Suppliers | 440/4 | €11,765 | €0 | -€11,765 | -100.0% |
| Taxes, remuneration and social security | 45 | €27,605 | €30,852 | +€3,247 | +11.8% |
| Taxes | 450/3 | €27,605 | €30,852 | +€3,247 | +11.8% |
| Other amounts payable | 47/48 | €0 | €45,046 | +€45,046 | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €279 | €404 | +€125 | +44.8% |
| Other operating charges | 640/8 | - | €167 | +€167 | |
| Gross operating margin | 9900 | €68,499 | €91,363 | +€22,864 | +33.4% |
| Operating profit (loss) | 9901 | €68,220 | €90,792 | +€22,572 | +33.1% |
| Financial income | 75/76B | €582 | €0 | -€582 | -100.0% |
| Recurring financial income | 75 | €582 | €0 | -€582 | -100.0% |
| Financial charges | 65/66B | €343 | €7,337 | +€6,994 | +2038.3% |
| Recurring financial charges | 65 | €343 | €7,337 | +€6,994 | +2038.3% |
| Profit (loss) for the period before taxes | 9903 | €68,459 | €83,455 | +€14,996 | +21.9% |
| Income taxes | 67/77 | €19,021 | €23,678 | +€4,657 | +24.5% |
| Profit (loss) for the period | 9904 | €49,438 | €59,777 | +€10,339 | +20.9% |
| Profit (loss) for the period to be appropriated | 9905 | €49,438 | €59,777 | +€10,339 | +20.9% |
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.