VANKANDESIGN: 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.
VANKANDESIGN
Largest movements
- Deferred charges and accrued income +€15,654
up €15,654 (+115%), from €13,647 to €29,301
- Cash +€15,217
up €15,217 (+358%), from €4,248 to €19,465
mainly Net result for the year (+€40,525) and Receivables after one year (+€5,000)
- Receivables within one year +€7,023
up €7,023 (+5.7%), from €123,922 to €130,945
of which Other amounts receivable: +€31,188
- Receivables after one year -€5,000
down €5,000 (-8.1%), from €61,514 to €56,514
- Reserves +€40,525
up €40,525 (+18.5%), from €219,091 to €259,616
of which Distributable reserves: +€40,525
- Tax, wage and social debts -€11,347
down €11,347 (-24.8%), from €45,714 to €34,367
- Trade debts +€4,450
up €4,450 (+3,727%), from €119 to €4,570
- Gross operating margin -€9,033
down €9,033 (-14.3%), from €63,208 to €54,175
- Taxes -€2,674
down €2,674 (-18.3%), from €14,648 to €11,973
- Depreciation +€1,154
up €1,154 (+61.4%), from €1,878 to €3,031
- Financial income +€1,038
up €1,038 (+90.5%), from €1,148 to €2,186
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 | €273,173 | €304,752 | +€31,579 | +11.6% |
| Fixed assets | 21/28 | €69,842 | €68,528 | -€1,314 | -1.9% |
| Tangible fixed assets | 22/27 | €10,675 | €9,361 | -€1,314 | -12.3% |
| Furniture and vehicles | 24 | €8,175 | €7,486 | -€689 | -8.4% |
| Other tangible fixed assets | 26 | €2,500 | €1,875 | -€625 | -25.0% |
| Financial fixed assets | 28 | €59,167 | €59,167 | = | 0.0% |
| Current assets | 29/58 | €203,331 | €236,225 | +€32,894 | +16.2% |
| Amounts receivable after more than one year | 29 | €61,514 | €56,514 | -€5,000 | -8.1% |
| Other amounts receivable | 291 | €61,514 | €56,514 | -€5,000 | -8.1% |
| Amounts receivable within one year | 40/41 | €123,922 | €130,945 | +€7,023 | +5.7% |
| Trade receivables | 40 | €91,341 | €67,176 | -€24,165 | -26.5% |
| Other amounts receivable | 41 | €32,581 | €63,769 | +€31,188 | +95.7% |
| Cash at bank and in hand | 54/58 | €4,248 | €19,465 | +€15,217 | +358% |
| Deferred charges and accrued income | 490/1 | €13,647 | €29,301 | +€15,654 | +115% |
| Total equity and liabilities | 10/49 | €273,173 | €304,752 | +€31,579 | +11.6% |
| Equity | 10/15 | €225,291 | €265,816 | +€40,525 | +18.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €219,091 | €259,616 | +€40,525 | +18.5% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €217,231 | €257,756 | +€40,525 | +18.7% |
| Amounts payable | 17/49 | €47,882 | €38,937 | -€8,946 | -18.7% |
| Amounts payable within one year | 42/48 | €45,833 | €38,937 | -€6,897 | -15.0% |
| Trade debts | 44 | €119 | €4,570 | +€4,450 | +3,727% |
| Suppliers | 440/4 | €119 | €4,570 | +€4,450 | +3,727% |
| Taxes, remuneration and social security | 45 | €45,714 | €34,367 | -€11,347 | -24.8% |
| Taxes | 450/3 | €45,714 | €34,367 | -€11,347 | -24.8% |
| Other amounts payable | 47/48 | - | €0 | = | |
| Accrued charges and deferred income | 492/3 | €2,049 | - | -€2,049 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,878 | €3,031 | +€1,154 | +61.4% |
| Other operating charges | 640/8 | €689 | €62 | -€627 | -91.0% |
| Gross operating margin | 9900 | €63,208 | €54,175 | -€9,033 | -14.3% |
| Operating profit (loss) | 9901 | €60,641 | €51,082 | -€9,559 | -15.8% |
| Financial income | 75/76B | €1,148 | €2,186 | +€1,038 | +90.5% |
| Recurring financial income | 75 | €1,148 | €2,186 | +€1,038 | +90.5% |
| Financial charges | 65/66B | €440 | €770 | +€329 | +74.7% |
| Recurring financial charges | 65 | €440 | €770 | +€329 | +74.7% |
| Profit (loss) for the period before taxes | 9903 | €61,348 | €52,498 | -€8,850 | -14.4% |
| Income taxes | 67/77 | €14,648 | €11,973 | -€2,674 | -18.3% |
| Profit (loss) for the period | 9904 | €46,701 | €40,525 | -€6,176 | -13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €46,701 | €40,525 | -€6,176 | -13.2% |
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 31 October 2026 via checked.be.