VANISTENDAEL MITCHELL: 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.
VANISTENDAEL MITCHELL
Largest movements
- Tangible fixed assets -€17,776
down €17,776 (-24.7%), from €71,833 to €54,057
- Cash -€5,513
down €5,513 (-37.7%), from €14,613 to €9,100
mainly Debts after one year (-€13,127) and Tax, wage and social debts (-€4,976)
- Receivables within one year +€1,162
up €1,162 (+4.8%), from €24,168 to €25,330
of which Trade receivables: +€2,008
- Debts after one year -€13,127
down €13,127 (-42.7%), from €30,735 to €17,608
- Tax, wage and social debts -€4,976
down €4,976 (-61.4%), from €8,104 to €3,128
of which Taxes: -€4,976
- Profit (loss) carried forward -€4,435
down €4,435 (-21.4%), from €20,762 to €16,327
- Gross operating margin -€30,364
down €30,364 (-60.8%), from €49,970 to €19,605
- Taxes -€5,128
down €5,128 (-100.0%), from €5,128 to €0
- Depreciation +€2,608
up €2,608 (+17.2%), from €15,168 to €17,776
- Financial charges -€1,390
down €1,390 (-20.1%), from €6,900 to €5,510
- Other operating charges -€598
down €598 (-38.7%), from €1,546 to €948
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 | €112,564 | €90,438 | -€22,127 | -19.7% |
| Fixed assets | 21/28 | €71,833 | €54,057 | -€17,776 | -24.7% |
| Tangible fixed assets | 22/27 | €71,833 | €54,057 | -€17,776 | -24.7% |
| Plant, machinery and equipment | 23 | €16,961 | €12,820 | -€4,142 | -24.4% |
| Furniture and vehicles | 24 | €20,096 | €15,161 | -€4,934 | -24.6% |
| Leasing and similar rights | 25 | €34,776 | €26,076 | -€8,700 | -25.0% |
| Current assets | 29/58 | €40,731 | €36,380 | -€4,351 | -10.7% |
| Amounts receivable within one year | 40/41 | €24,168 | €25,330 | +€1,162 | +4.8% |
| Trade receivables | 40 | €20,058 | €22,065 | +€2,008 | +10.0% |
| Other amounts receivable | 41 | €4,110 | €3,264 | -€846 | -20.6% |
| Cash at bank and in hand | 54/58 | €14,613 | €9,100 | -€5,513 | -37.7% |
| Deferred charges and accrued income | 490/1 | €1,950 | €1,950 | = | 0.0% |
| Total equity and liabilities | 10/49 | €112,564 | €90,438 | -€22,127 | -19.7% |
| Equity | 10/15 | €56,490 | €52,055 | -€4,435 | -7.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €30,728 | €30,728 | = | 0.0% |
| Distributable reserves | 133 | €30,728 | €30,728 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,762 | €16,327 | -€4,435 | -21.4% |
| Amounts payable | 17/49 | €56,074 | €38,383 | -€17,691 | -31.5% |
| Amounts payable after more than one year | 17 | €30,735 | €17,608 | -€13,127 | -42.7% |
| Financial debts | 170/4 | €30,735 | €17,608 | -€13,127 | -42.7% |
| Amounts payable within one year | 42/48 | €22,889 | €17,610 | -€5,279 | -23.1% |
| Current portion of amounts payable after more than one year | 42 | €12,581 | €13,127 | +€546 | +4.3% |
| Trade debts | 44 | €2,203 | €1,354 | -€849 | -38.5% |
| Suppliers | 440/4 | €2,203 | €1,354 | -€849 | -38.5% |
| Taxes, remuneration and social security | 45 | €8,104 | €3,128 | -€4,976 | -61.4% |
| Taxes | 450/3 | €6,104 | €1,128 | -€4,976 | -81.5% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,450 | €3,165 | +€715 | +29.2% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,168 | €17,776 | +€2,608 | +17.2% |
| Other operating charges | 640/8 | €1,546 | €948 | -€598 | -38.7% |
| Non-recurring operating charges | 66A | €634 | €0 | -€634 | -100.0% |
| Gross operating margin | 9900 | €49,970 | €19,605 | -€30,364 | -60.8% |
| Operating profit (loss) | 9901 | €32,622 | €881 | -€31,740 | -97.3% |
| Financial income | 75/76B | €168 | €194 | +€26 | +15.5% |
| Recurring financial income | 75 | €168 | €194 | +€26 | +15.5% |
| Financial charges | 65/66B | €6,900 | €5,510 | -€1,390 | -20.1% |
| Recurring financial charges | 65 | €6,900 | €5,510 | -€1,390 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €25,890 | -€4,435 | -€30,325 | |
| Income taxes | 67/77 | €5,128 | €0 | -€5,128 | -100.0% |
| Profit (loss) for the period | 9904 | €20,762 | -€4,435 | -€25,197 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,762 | -€4,435 | -€25,197 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.