VANLERBERGHE GROEP: 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.
VANLERBERGHE GROEP
Largest movements
- Cash -€175,991
down €175,991 (-48.0%), from €366,963 to €190,972
mainly Investment in fixed assets (net) (-€172,219) and Debts after one year (-€32,500)
- Tangible fixed assets +€139,663
up €139,663 (+7.9%), from €1.8m to €1.9m
of which Land and buildings: +€141,758
- Debts after one year -€32,500
down €32,500 (-92.3%), from €35,209 to €2,709
- Depreciation +€4,094
up €4,094 (+14.4%), from €28,463 to €32,557
- Other operating charges +€723
up €723 (+3.1%), from €23,206 to €23,929
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 | €2,137,030 | €2,100,166 | -€36,864 | -1.7% |
| Fixed assets | 21/28 | €1,763,503 | €1,903,165 | +€139,663 | +7.9% |
| Tangible fixed assets | 22/27 | €1,763,503 | €1,903,165 | +€139,663 | +7.9% |
| Land and buildings | 22 | €1,744,070 | €1,885,828 | +€141,758 | +8.1% |
| Plant, machinery and equipment | 23 | €19,433 | €17,337 | -€2,096 | -10.8% |
| Current assets | 29/58 | €373,527 | €197,001 | -€176,527 | -47.3% |
| Cash at bank and in hand | 54/58 | €366,963 | €190,972 | -€175,991 | -48.0% |
| Deferred charges and accrued income | 490/1 | €6,564 | €6,029 | -€535 | -8.2% |
| Total equity and liabilities | 10/49 | €2,137,030 | €2,100,166 | -€36,864 | -1.7% |
| Equity | 10/15 | €1,697,665 | €1,693,427 | -€4,238 | -0.2% |
| Contributions | 10/11 | €1,656,400 | €1,656,400 | = | 0.0% |
| Reserves | 13 | €43,905 | €43,905 | = | 0.0% |
| Distributable reserves | 133 | €43,905 | €43,905 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,640 | -€6,878 | -€4,238 | -161% |
| Amounts payable | 17/49 | €439,365 | €406,739 | -€32,626 | -7.4% |
| Amounts payable after more than one year | 17 | €35,209 | €2,709 | -€32,500 | -92.3% |
| Financial debts | 170/4 | €35,209 | €2,709 | -€32,500 | -92.3% |
| Amounts payable within one year | 42/48 | €404,156 | €404,030 | -€126 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €32,500 | €32,500 | = | 0.0% |
| Trade debts | 44 | €126 | - | -€126 | |
| Suppliers | 440/4 | €126 | - | -€126 | |
| Other amounts payable | 47/48 | €371,530 | €371,530 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,463 | €32,557 | +€4,094 | +14.4% |
| Other operating charges | 640/8 | €23,206 | €23,929 | +€723 | +3.1% |
| Gross operating margin | 9900 | €52,619 | €53,131 | +€512 | +1.0% |
| Operating profit (loss) | 9901 | €950 | -€3,355 | -€4,305 | |
| Financial charges | 65/66B | €1,322 | €883 | -€438 | -33.2% |
| Recurring financial charges | 65 | €1,322 | €883 | -€438 | -33.2% |
| Profit (loss) for the period before taxes | 9903 | -€371 | -€4,238 | -€3,866 | -1,041% |
| Profit (loss) for the period | 9904 | -€371 | -€4,238 | -€3,866 | -1,041% |
| Profit (loss) for the period to be appropriated | 9905 | -€371 | -€4,238 | -€3,866 | -1,041% |
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 27 October 2026 via checked.be.