VANJE: 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.
VANJE
Largest movements
- Receivables within one year +€1.5m
up €1.5m (+31.6%), from €4.8m to €6.3m
of which Other amounts receivable: +€1.5m
- Cash -€1.2m
down €1.2m (-92.5%), from €1.3m to €96,141
mainly Receivables within one year (-€1.5m) and Smaller working-capital items (-€1,172)
No liability line moved by more than 1% of the balance sheet total.
- Financial income +€178,380
up €178,380 (+426.0%), from €41,874 to €220,254
- Gross operating margin +€2,659
up €2,659 (+81.6%), from -€3,259 to -€600
- Taxes +€1,648
up €1,648 (+16.4%), from €10,029 to €11,678
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 | €28,665,379 | €28,980,411 | +€315,032 | +1.1% |
| Fixed assets | 21/28 | €22,597,374 | €22,597,374 | = | 0.0% |
| Financial fixed assets | 28 | €22,597,374 | €22,597,374 | = | 0.0% |
| Current assets | 29/58 | €6,068,005 | €6,383,037 | +€315,032 | +5.2% |
| Amounts receivable within one year | 40/41 | €4,776,549 | €6,285,274 | +€1.5m | +31.6% |
| Trade receivables | 40 | €10,000 | €2,500 | -€7,500 | -75.0% |
| Other amounts receivable | 41 | €4,766,549 | €6,282,774 | +€1.5m | +31.8% |
| Cash at bank and in hand | 54/58 | €1,285,959 | €96,141 | -€1.2m | -92.5% |
| Deferred charges and accrued income | 490/1 | €5,496 | €1,622 | -€3,874 | -70.5% |
| Total equity and liabilities | 10/49 | €28,665,379 | €28,980,411 | +€315,032 | +1.1% |
| Equity | 10/15 | €26,730,163 | €26,936,908 | +€206,746 | +0.8% |
| Contributions | 10/11 | €20,685,100 | €20,685,100 | = | 0.0% |
| Reserves | 13 | €1,272,826 | €1,272,826 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,272,826 | €1,272,826 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,272,826 | €1,272,826 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,772,236 | €4,978,982 | +€206,746 | +4.3% |
| Amounts payable | 17/49 | €1,935,216 | €2,043,503 | +€108,286 | +5.6% |
| Amounts payable within one year | 42/48 | €1,933,478 | €2,041,732 | +€108,253 | +5.6% |
| Trade debts | 44 | €1,257 | €52 | -€1,205 | -95.9% |
| Suppliers | 440/4 | €1,257 | €52 | -€1,205 | -95.9% |
| Taxes, remuneration and social security | 45 | €8,267 | €117,725 | +€109,458 | +1324.0% |
| Taxes | 450/3 | €8,267 | €117,725 | +€109,458 | +1324.0% |
| Other amounts payable | 47/48 | €1,923,955 | €1,923,955 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €1,738 | €1,771 | +€33 | +1.9% |
| Other operating charges | 640/8 | €1,014 | €998 | -€15 | -1.5% |
| Gross operating margin | 9900 | -€3,259 | -€600 | +€2,659 | +81.6% |
| Operating profit (loss) | 9901 | -€4,272 | -€1,598 | +€2,674 | +62.6% |
| Financial income | 75/76B | €41,874 | €220,254 | +€178,380 | +426.0% |
| Recurring financial income | 75 | €41,874 | €220,254 | +€178,380 | +426.0% |
| Financial charges | 65/66B | €215 | €232 | +€17 | +7.8% |
| Recurring financial charges | 65 | €215 | €232 | +€17 | +7.8% |
| Profit (loss) for the period before taxes | 9903 | €37,386 | €218,423 | +€181,037 | +484.2% |
| Income taxes | 67/77 | €10,029 | €11,678 | +€1,648 | +16.4% |
| Profit (loss) for the period | 9904 | €27,357 | €206,746 | +€179,389 | +655.7% |
| Profit (loss) for the period to be appropriated | 9905 | €27,357 | €206,746 | +€179,389 | +655.7% |
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 5 October 2026 via checked.be.