VANKYLL: 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.
VANKYLL
Largest movements
- Cash +€401,559
up €401,559 (+852.7%), from €47,093 to €448,652
mainly Current investments (+€250,000) and Net result for the year (+€131,465)
- Current investments -€250,000
down €250,000 (-100.0%), from €250,000 to €0
- Tangible fixed assets -€30,300
down €30,300 (-53.9%), from €56,232 to €25,931
of which Land and buildings: -€30,001
- Deferred charges and accrued income +€7,000
up €7,000 (+14.2%), from €49,373 to €56,373
- Profit (loss) carried forward +€131,465
up €131,465 (+234.8%), from €55,998 to €187,462
- Gross operating margin -€14,410
down €14,410 (-7.4%), from €195,636 to €181,226
- Depreciation -€5,511
down €5,511 (-94.8%), from €5,811 to €299
- Financial income +€3,348
up €3,348 (+73.4%), from €4,564 to €7,913
- Taxes -€2,202
down €2,202 (-4.4%), from €50,390 to €48,188
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 | €402,698 | €530,957 | +€128,259 | +31.8% |
| Fixed assets | 21/28 | €56,232 | €25,931 | -€30,300 | -53.9% |
| Tangible fixed assets | 22/27 | €56,232 | €25,931 | -€30,300 | -53.9% |
| Land and buildings | 22 | €54,790 | €24,789 | -€30,001 | -54.8% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €1,441 | €1,142 | -€299 | -20.8% |
| Current assets | 29/58 | €346,466 | €505,025 | +€158,559 | +45.8% |
| Current investments | 50/53 | €250,000 | €0 | -€250,000 | -100.0% |
| Cash at bank and in hand | 54/58 | €47,093 | €448,652 | +€401,559 | +852.7% |
| Deferred charges and accrued income | 490/1 | €49,373 | €56,373 | +€7,000 | +14.2% |
| Total equity and liabilities | 10/49 | €402,698 | €530,957 | +€128,259 | +31.8% |
| Equity | 10/15 | €353,678 | €485,142 | +€131,465 | +37.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €279,080 | €279,080 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €279,080 | €279,080 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,998 | €187,462 | +€131,465 | +234.8% |
| Amounts payable | 17/49 | €49,020 | €45,814 | -€3,206 | -6.5% |
| Amounts payable within one year | 42/48 | €49,020 | €45,814 | -€3,206 | -6.5% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €49,020 | €45,814 | -€3,206 | -6.5% |
| Taxes | 450/3 | €49,020 | €45,814 | -€3,206 | -6.5% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Non-recurring operating income | 76A | €175,468 | €156,999 | -€18,469 | -10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,811 | €299 | -€5,511 | -94.8% |
| Other operating charges | 640/8 | €9,808 | €9,111 | -€697 | -7.1% |
| Gross operating margin | 9900 | €195,636 | €181,226 | -€14,410 | -7.4% |
| Operating profit (loss) | 9901 | €180,017 | €171,816 | -€8,201 | -4.6% |
| Financial income | 75/76B | €4,564 | €7,913 | +€3,348 | +73.4% |
| Recurring financial income | 75 | €4,564 | €7,913 | +€3,348 | +73.4% |
| Financial charges | 65/66B | €69 | €76 | +€7 | +9.9% |
| Recurring financial charges | 65 | €69 | €76 | +€7 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €184,512 | €179,653 | -€4,859 | -2.6% |
| Income taxes | 67/77 | €50,390 | €48,188 | -€2,202 | -4.4% |
| Profit (loss) for the period | 9904 | €134,123 | €131,465 | -€2,658 | -2.0% |
| Profit (loss) for the period to be appropriated | 9905 | €134,123 | €131,465 | -€2,658 | -2.0% |
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 9 October 2026 via checked.be.