VANKELST-NIJS: 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.
"VANKELST-NIJS"
Largest movements
- Tangible fixed assets -€14,169
down €14,169 (-4.0%), from €355,484 to €341,315
- Profit (loss) carried forward -€21,918
down €21,918 (-9.8%), from €223,910 to €201,992
- Debts after one year +€13,403
up €13,403 (+27.7%), from €48,334 to €61,737
of which Other amounts payable: +€23,403
- Reserves -€10,054
down €10,054 (-68.7%), from €14,640 to €4,586
- Short-term financial debts +€5,000
up €5,000 (+50.0%), from €10,000 to €15,000
of which Other loans: +€5,000
- Gross operating margin +€32,775
up €32,775 (+98.9%), from -€33,142 to -€367
- Financial charges +€924
up €924 (+36.3%), from €2,543 to €3,467
- Financial income -€589
down €589 (-66.4%), from €887 to €298
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €355,484 | €341,315 | -€14,169 | -4.0% |
| Fixed assets | 21/28 | €355,484 | €341,315 | -€14,169 | -4.0% |
| Tangible fixed assets | 22/27 | €355,484 | €341,315 | -€14,169 | -4.0% |
| Land and buildings | 22 | €355,484 | €341,315 | -€14,169 | -4.0% |
| Total equity and liabilities | 10/49 | €355,484 | €341,315 | -€14,169 | -4.0% |
| Equity | 10/15 | €296,550 | €264,578 | -€31,972 | -10.8% |
| Contributions | 10/11 | €58,000 | €58,000 | = | 0.0% |
| Capital | 10 | €58,000 | €58,000 | = | 0.0% |
| Issued capital | 100 | €58,000 | €58,000 | = | 0.0% |
| Reserves | 13 | €14,640 | €4,586 | -€10,054 | -68.7% |
| Non-distributable reserves | 130/1 | €14,640 | €4,586 | -€10,054 | -68.7% |
| Legal reserve | 130 | €4,586 | €4,586 | = | 0.0% |
| Other | 1319 | €10,054 | - | -€10,054 | |
| Profit (loss) carried forward | 14 | €223,910 | €201,992 | -€21,918 | -9.8% |
| Amounts payable | 17/49 | €58,934 | €76,737 | +€17,803 | +30.2% |
| Amounts payable after more than one year | 17 | €48,334 | €61,737 | +€13,403 | +27.7% |
| Financial debts | 170/4 | €48,334 | €38,334 | -€10,000 | -20.7% |
| Other amounts payable | 178/9 | - | €23,403 | +€23,403 | |
| Amounts payable within one year | 42/48 | €10,000 | €15,000 | +€5,000 | +50.0% |
| Financial debts | 43 | €10,000 | €15,000 | +€5,000 | +50.0% |
| Credit institutions | 430/8 | €10,000 | €10,000 | = | 0.0% |
| Other loans | 439 | - | €5,000 | +€5,000 | |
| Accrued charges and deferred income | 492/3 | €600 | - | -€600 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,169 | €14,169 | = | 0.0% |
| Other operating charges | 640/8 | €4,218 | €4,213 | -€5 | -0.1% |
| Gross operating margin | 9900 | -€33,142 | -€367 | +€32,775 | +98.9% |
| Operating profit (loss) | 9901 | -€51,529 | -€18,749 | +€32,780 | +63.6% |
| Financial income | 75/76B | €887 | €298 | -€589 | -66.4% |
| Recurring financial income | 75 | €887 | €298 | -€589 | -66.4% |
| Financial charges | 65/66B | €2,543 | €3,467 | +€924 | +36.3% |
| Recurring financial charges | 65 | €2,543 | €3,467 | +€924 | +36.3% |
| Profit (loss) for the period before taxes | 9903 | -€53,185 | -€21,918 | +€31,267 | +58.8% |
| Profit (loss) for the period | 9904 | -€53,185 | -€21,918 | +€31,267 | +58.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€53,185 | -€21,918 | +€31,267 | +58.8% |
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 25 October 2026 via checked.be.