Vanlaethem Containers: 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.
What changed
Vanlaethem Containers
NACE 38.110, Waste collection, recovery and disposal activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€66,618
2024 · €38,244+€28,375
Equity
€565,099
2024 · €498,481+€66,618
Cash
€189,165
2024 · €172,201+€16,963
Balance sheet total
€5.4m
2024 · €3.5m+€1.9m
Largest movements
Assets
- Tangible fixed assets +€961,519
up €961,519 (+68.3%), from €1.4m to €2.4m
of which Leasing and similar rights: +€976,149
- Receivables within one year +€784,826
up €784,826 (+48.5%), from €1.6m to €2.4m
of which Trade receivables: +€777,917
- Stocks and contracts +€110,654
up €110,654 (+36.8%), from €300,643 to €411,297
Equity and liabilities
- Trade debts +€1.2m
up €1.2m (+113%), from €1.0m to €2.2m
- Debts after one year +€482,473
up €482,473 (+43.9%), from €1.1m to €1.6m
- Current portion of long-term debt +€162,912
up €162,912 (+39.9%), from €408,031 to €570,944
- Reserves +€61,000
up €61,000 (+16.1%), from €379,000 to €440,000
Income statement
- Gross operating margin +€331,954
up €331,954 (+36.1%), from €919,836 to €1.3m
- Depreciation +€168,748
up €168,748 (+45.8%), from €368,054 to €536,802
- Staff costs +€159,496
up €159,496 (+45.6%), from €349,804 to €509,300
- Other operating charges -€59,729
down €59,729 (-83.3%), from €71,709 to €11,980
- Financial charges +€35,324
up €35,324 (+73.3%), from €48,214 to €83,539
of which Financial charges: +€35,390
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.
Result 2024
€38,244
Gross operating margin
+€331,954
Staff costs
-€159,496
Depreciation
-€168,748
Write-downs
-€13,240
Other operating charges
+€59,729
Financial income
-€4,331
Financial charges
-€35,324
Taxes
+€17,831
Result 2025
€66,618
raises the resultlowers the result
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.
From operations
+€867,676
Investment
-€1.5m
Financing
+€645,386
Cash 2024
€172,201
From operations (derived)
+€867,676
Net result for the year
+€66,618
Depreciation
+€536,802
Stocks and contracts
-€110,654
Receivables within one year
-€784,826
Deferred charges and accrued income
+€18,389
Trade debts
+€1.2m
Tax, wage and social debts
+€13,643
Other debts
-€41,741
Accrued charges and deferred income
-€485
Investment (derived)
-€1.5m
Investment in fixed assets (net)
-€1.5m
Financing
+€645,386
Debts after one year
+€482,473
Current portion of long-term debt
+€162,912
Cash 2025
€189,165
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,547,246 | €5,400,596 | +€1.9m | +52.2% |
| Fixed assets | 21/28 | €1,420,311 | €2,379,607 | +€959,296 | +67.5% |
| Intangible fixed assets | 21 | €9,329 | €7,107 | -€2,223 | -23.8% |
| Tangible fixed assets | 22/27 | €1,407,247 | €2,368,766 | +€961,519 | +68.3% |
| Plant, machinery and equipment | 23 | €299,158 | €328,640 | +€29,481 | +9.9% |
| Furniture and vehicles | 24 | €146,135 | €102,022 | -€44,112 | -30.2% |
| Leasing and similar rights | 25 | €961,954 | €1,938,103 | +€976,149 | +101% |
| Financial fixed assets | 28 | €3,735 | €3,735 | = | 0.0% |
| Current assets | 29/58 | €2,126,935 | €3,020,989 | +€894,054 | +42.0% |
| Stocks and contracts in progress | 3 | €300,643 | €411,297 | +€110,654 | +36.8% |
| Stocks | 30/36 | €300,643 | €411,297 | +€110,654 | +36.8% |
| Amounts receivable within one year | 40/41 | €1,616,814 | €2,401,640 | +€784,826 | +48.5% |
| Trade receivables | 40 | €1,537,863 | €2,315,780 | +€777,917 | +50.6% |
| Other amounts receivable | 41 | €78,951 | €85,860 | +€6,909 | +8.8% |
| Cash at bank and in hand | 54/58 | €172,201 | €189,165 | +€16,963 | +9.9% |
| Deferred charges and accrued income | 490/1 | €37,277 | €18,887 | -€18,389 | -49.3% |
| Total equity and liabilities | 10/49 | €3,547,246 | €5,400,596 | +€1.9m | +52.2% |
| Equity | 10/15 | €498,481 | €565,099 | +€66,618 | +13.4% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €379,000 | €440,000 | +€61,000 | +16.1% |
| Distributable reserves | 133 | €379,000 | €440,000 | +€61,000 | +16.1% |
| Profit (loss) carried forward | 14 | €89,481 | €95,099 | +€5,618 | +6.3% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Environmental obligations | 163 | €0 | - | = | |
| Amounts payable | 17/49 | €3,048,765 | €4,835,497 | +€1.8m | +58.6% |
| Amounts payable after more than one year | 17 | €1,098,913 | €1,581,386 | +€482,473 | +43.9% |
| Financial debts | 170/4 | €1,098,913 | €1,581,386 | +€482,473 | +43.9% |
| Amounts payable within one year | 42/48 | €1,949,367 | €3,254,111 | +€1.3m | +66.9% |
| Current portion of amounts payable after more than one year | 42 | €408,031 | €570,944 | +€162,912 | +39.9% |
| Trade debts | 44 | €1,034,514 | €2,204,443 | +€1.2m | +113% |
| Suppliers | 440/4 | €1,034,514 | €2,204,443 | +€1.2m | +113% |
| Taxes, remuneration and social security | 45 | €303,643 | €317,287 | +€13,643 | +4.5% |
| Taxes | 450/3 | €277,344 | €201,860 | -€75,484 | -27.2% |
| Remuneration and social security | 454/9 | €26,300 | €115,427 | +€89,127 | +339% |
| Other amounts payable | 47/48 | €203,178 | €161,437 | -€41,741 | -20.5% |
| Accrued charges and deferred income | 492/3 | €485 | €0 | -€485 | -100% |
| Remuneration, social security and pensions | 62 | €349,804 | €509,300 | +€159,496 | +45.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €368,054 | €536,802 | +€168,748 | +45.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €751 | €13,991 | +€13,240 | +1,762% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €71,709 | €11,980 | -€59,729 | -83.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €919,836 | €1,251,789 | +€331,954 | +36.1% |
| Operating profit (loss) | 9901 | €129,517 | €179,716 | +€50,199 | +38.8% |
| Financial income | 75/76B | €6,592 | €2,261 | -€4,331 | -65.7% |
| Recurring financial income | 75 | €6,592 | €2,261 | -€4,331 | -65.7% |
| Financial charges | 65/66B | €48,214 | €83,539 | +€35,324 | +73.3% |
| Recurring financial charges | 65 | €48,214 | €83,605 | +€35,390 | +73.4% |
| Non-recurring financial charges | 66B | - | -€66 | -€66 | |
| Profit (loss) for the period before taxes | 9903 | €87,895 | €98,438 | +€10,543 | +12.0% |
| Income taxes | 67/77 | €49,651 | €31,820 | -€17,831 | -35.9% |
| Profit (loss) for the period | 9904 | €38,244 | €66,618 | +€28,375 | +74.2% |
| Profit (loss) for the period to be appropriated | 9905 | €38,244 | €66,618 | +€28,375 | +74.2% |
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 14 October 2026 via checked.be.