VANISTA: 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.
VANISTA
Largest movements
- Receivables within one year -€121,528
down €121,528 (-24.5%), from €496,553 to €375,025
of which Other amounts receivable: -€121,528
- Deferred charges and accrued income +€12,814
new in 2025: €12,814
- Other debts -€86,742
down €86,742 (-73.3%), from €118,273 to €31,532
- Profit (loss) carried forward -€17,453
down €17,453 (-10.5%), from -€166,113 to -€183,566
- Gross operating margin -€19,441
down €19,441 (-206%), from -€9,422 to -€28,864
- Financial income +€12,814
new in 2025: €12,814
- Other operating charges +€1,047
new in 2025: €1,047
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 | €496,553 | €390,393 | -€106,160 | -21.4% |
| Current assets | 29/58 | €496,553 | €390,393 | -€106,160 | -21.4% |
| Amounts receivable within one year | 40/41 | €496,553 | €375,025 | -€121,528 | -24.5% |
| Trade receivables | 40 | €156,779 | €156,779 | = | 0.0% |
| Other amounts receivable | 41 | €339,774 | €218,246 | -€121,528 | -35.8% |
| Cash at bank and in hand | 54/58 | €0 | €2,554 | +€2,554 | |
| Deferred charges and accrued income | 490/1 | - | €12,814 | +€12,814 | |
| Total equity and liabilities | 10/49 | €496,553 | €390,393 | -€106,160 | -21.4% |
| Equity | 10/15 | -€35,729 | -€53,182 | -€17,453 | -48.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €68,384 | €68,384 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €491 | €491 | = | 0.0% |
| Distributable reserves | 133 | €61,692 | €61,692 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€166,113 | -€183,566 | -€17,453 | -10.5% |
| Amounts payable | 17/49 | €532,283 | €443,575 | -€88,707 | -16.7% |
| Amounts payable after more than one year | 17 | €378,481 | €378,481 | = | 0.0% |
| Financial debts | 170/4 | €378,481 | €378,481 | = | 0.0% |
| Amounts payable within one year | 42/48 | €153,802 | €65,095 | -€88,707 | -57.7% |
| Financial debts | 43 | €15,014 | €15,021 | +€7 | 0.0% |
| Credit institutions | 430/8 | €15,014 | €15,021 | +€7 | 0.0% |
| Trade debts | 44 | €20,515 | €18,542 | -€1,973 | -9.6% |
| Suppliers | 440/4 | €20,515 | €18,542 | -€1,973 | -9.6% |
| Other amounts payable | 47/48 | €118,273 | €31,532 | -€86,742 | -73.3% |
| Other operating charges | 640/8 | - | €1,047 | +€1,047 | |
| Gross operating margin | 9900 | -€9,422 | -€28,864 | -€19,441 | -206% |
| Operating profit (loss) | 9901 | -€9,422 | -€29,911 | -€20,488 | -217% |
| Financial income | 75/76B | - | €12,814 | +€12,814 | |
| Recurring financial income | 75 | - | €12,814 | +€12,814 | |
| Financial charges | 65/66B | €279 | €356 | +€77 | +27.5% |
| Recurring financial charges | 65 | €279 | €356 | +€77 | +27.5% |
| Profit (loss) for the period before taxes | 9903 | -€9,702 | -€17,453 | -€7,751 | -79.9% |
| Profit (loss) for the period | 9904 | -€9,702 | -€17,453 | -€7,751 | -79.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,702 | -€17,453 | -€7,751 | -79.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.