VANLOOT BUILD: 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.
VANLOOT BUILD
Largest movements
- Cash -€2,018
down €2,018 (-6.3%), from €32,067 to €30,049
mainly Net result for the year (-€4,553) and Trade debts (-€126)
- Formation expenses -€794
down €794 (-31.5%), from €2,524 to €1,730
- Profit (loss) carried forward -€4,553
down €4,553 (-5.9%), from -€77,244 to -€81,797
- Other debts +€1,915
up €1,915 (+3.1%), from €61,758 to €63,673
- Financial charges -€104,476
down €104,476 (-98.2%), from €106,431 to €1,955
- Gross operating margin -€33,069
down €33,069, from €31,793 to -€1,277
- Other operating charges -€905
down €905 (-63.2%), from €1,433 to €528
- Depreciation -€379
down €379 (-32.3%), from €1,173 to €794
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 | €34,641 | €31,876 | -€2,765 | -8.0% |
| Formation expenses | 20 | €2,524 | €1,730 | -€794 | -31.5% |
| Current assets | 29/58 | €32,117 | €30,146 | -€1,971 | -6.1% |
| Amounts receivable within one year | 40/41 | €50 | €97 | +€47 | +94.3% |
| Other amounts receivable | 41 | €50 | €97 | +€47 | +94.3% |
| Cash at bank and in hand | 54/58 | €32,067 | €30,049 | -€2,018 | -6.3% |
| Total equity and liabilities | 10/49 | €34,641 | €31,876 | -€2,765 | -8.0% |
| Equity | 10/15 | -€27,244 | -€31,797 | -€4,553 | -16.7% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€77,244 | -€81,797 | -€4,553 | -5.9% |
| Amounts payable | 17/49 | €61,884 | €63,673 | +€1,789 | +2.9% |
| Amounts payable within one year | 42/48 | €61,884 | €63,673 | +€1,789 | +2.9% |
| Trade debts | 44 | €126 | €0 | -€126 | -100.0% |
| Suppliers | 440/4 | €126 | €0 | -€126 | -100.0% |
| Other amounts payable | 47/48 | €61,758 | €63,673 | +€1,915 | +3.1% |
| Non-recurring operating income | 76A | €32,170 | €0 | -€32,170 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,173 | €794 | -€379 | -32.3% |
| Other operating charges | 640/8 | €1,433 | €528 | -€905 | -63.2% |
| Gross operating margin | 9900 | €31,793 | -€1,277 | -€33,069 | |
| Operating profit (loss) | 9901 | €29,187 | -€2,598 | -€31,786 | |
| Financial charges | 65/66B | €106,431 | €1,955 | -€104,476 | -98.2% |
| Recurring financial charges | 65 | €106,431 | €1,955 | -€104,476 | -98.2% |
| Profit (loss) for the period before taxes | 9903 | -€77,244 | -€4,553 | +€72,690 | +94.1% |
| Profit (loss) for the period | 9904 | -€77,244 | -€4,553 | +€72,690 | +94.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€77,244 | -€4,553 | +€72,690 | +94.1% |
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 7 October 2026 via checked.be.