VANLANDSCHOOTE: 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.
VANLANDSCHOOTE
Largest movements
- Stocks and contracts -€95,108
down €95,108 (-17.5%), from €544,610 to €449,502
- Cash +€65,191
up €65,191 (+30.0%), from €216,973 to €282,164
mainly Stocks and contracts (+€95,108) and Depreciation (+€39,995)
- Tangible fixed assets -€34,650
down €34,650 (-8.2%), from €421,772 to €387,122
of which Land and buildings: -€27,992
- Receivables within one year -€12,876
down €12,876 (-40.2%), from €32,000 to €19,124
of which Trade receivables: -€32,000
- Tax, wage and social debts -€31,947
down €31,947 (-77.6%), from €41,152 to €9,205
- Debts after one year -€24,883
down €24,883 (-10.2%), from €244,025 to €219,141
- Other debts -€16,953
down €16,953 (-4.2%), from €402,953 to €386,001
- Gross operating margin -€193,797
down €193,797 (-82.5%), from €234,927 to €41,130
- Taxes -€55,619
down €55,619 (-98.4%), from €56,503 to €884
- Financial charges -€19,013
down €19,013 (-83.9%), from €22,670 to €3,658
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 | €1,215,834 | €1,138,314 | -€77,520 | -6.4% |
| Fixed assets | 21/28 | €421,772 | €387,122 | -€34,650 | -8.2% |
| Tangible fixed assets | 22/27 | €421,772 | €387,122 | -€34,650 | -8.2% |
| Land and buildings | 22 | €394,974 | €366,982 | -€27,992 | -7.1% |
| Plant, machinery and equipment | 23 | €11,541 | €10,319 | -€1,222 | -10.6% |
| Furniture and vehicles | 24 | €15,257 | €9,822 | -€5,435 | -35.6% |
| Current assets | 29/58 | €794,063 | €751,192 | -€42,870 | -5.4% |
| Stocks and contracts in progress | 3 | €544,610 | €449,502 | -€95,108 | -17.5% |
| Stocks | 30/36 | €544,610 | €449,502 | -€95,108 | -17.5% |
| Amounts receivable within one year | 40/41 | €32,000 | €19,124 | -€12,876 | -40.2% |
| Trade receivables | 40 | €32,000 | - | -€32,000 | |
| Other amounts receivable | 41 | - | €19,124 | +€19,124 | |
| Cash at bank and in hand | 54/58 | €216,973 | €282,164 | +€65,191 | +30.0% |
| Deferred charges and accrued income | 490/1 | €480 | €402 | -€78 | -16.2% |
| Total equity and liabilities | 10/49 | €1,215,834 | €1,138,314 | -€77,520 | -6.4% |
| Equity | 10/15 | €496,445 | €491,918 | -€4,528 | -0.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €477,845 | €473,318 | -€4,528 | -0.9% |
| Distributable reserves | 133 | €477,845 | €473,318 | -€4,528 | -0.9% |
| Amounts payable | 17/49 | €719,389 | €646,397 | -€72,993 | -10.1% |
| Amounts payable after more than one year | 17 | €244,025 | €219,141 | -€24,883 | -10.2% |
| Financial debts | 170/4 | €244,025 | €219,141 | -€24,883 | -10.2% |
| Amounts payable within one year | 42/48 | €475,365 | €427,255 | -€48,109 | -10.1% |
| Current portion of amounts payable after more than one year | 42 | €24,576 | €24,883 | +€308 | +1.3% |
| Trade debts | 44 | €6,684 | €7,166 | +€483 | +7.2% |
| Suppliers | 440/4 | €6,684 | €7,166 | +€483 | +7.2% |
| Taxes, remuneration and social security | 45 | €41,152 | €9,205 | -€31,947 | -77.6% |
| Taxes | 450/3 | €41,152 | €9,205 | -€31,947 | -77.6% |
| Other amounts payable | 47/48 | €402,953 | €386,001 | -€16,953 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,482 | €39,995 | +€1,513 | +3.9% |
| Other operating charges | 640/8 | €2,781 | €4,672 | +€1,891 | +68.0% |
| Gross operating margin | 9900 | €234,927 | €41,130 | -€193,797 | -82.5% |
| Operating profit (loss) | 9901 | €193,664 | -€3,537 | -€197,201 | |
| Financial income | 75/76B | €1,513 | €3,551 | +€2,038 | +134.7% |
| Recurring financial income | 75 | €1,513 | €3,551 | +€2,038 | +134.7% |
| Financial charges | 65/66B | €22,670 | €3,658 | -€19,013 | -83.9% |
| Recurring financial charges | 65 | €22,670 | €3,658 | -€19,013 | -83.9% |
| Profit (loss) for the period before taxes | 9903 | €172,506 | -€3,644 | -€176,150 | |
| Income taxes | 67/77 | €56,503 | €884 | -€55,619 | -98.4% |
| Profit (loss) for the period | 9904 | €116,003 | -€4,528 | -€120,531 | |
| Profit (loss) for the period to be appropriated | 9905 | €116,003 | -€4,528 | -€120,531 |
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 4 October 2026 via checked.be.