VANLOU: 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.
VANLOU
Largest movements
- Cash +€10,809
up €10,809 (+21.9%), from €49,384 to €60,193
mainly Net result for the year (+€5,135) and Stocks and contracts (+€5,000)
- Stocks and contracts -€5,000
down €5,000 (-33.3%), from €15,000 to €10,000
- Receivables within one year -€4,866
down €4,866 (-98.7%), from €4,928 to €62
of which Other amounts receivable: -€4,866
- Deferred charges and accrued income +€2,803
up €2,803 (+1622.2%), from €173 to €2,976
- Tax, wage and social debts -€3,490
down €3,490 (-24.9%), from €14,022 to €10,532
of which Taxes: -€3,490
- Profit (loss) carried forward +€3,203
no longer reported in 2025 (was -€3,203)
- Trade debts +€2,826
up €2,826 (+147.0%), from €1,923 to €4,749
- Reserves +€1,932
up €1,932 (+12.1%), from €16,026 to €17,958
- Staff costs -€12,215
down €12,215 (-96.9%), from €12,612 to €397
- Gross operating margin -€3,080
down €3,080 (-25.0%), from €12,327 to €9,247
- Taxes +€1,413
up €1,413, from -€451 to €962
- Other operating charges -€399
down €399 (-33.1%), from €1,205 to €806
- Financial income +€212
up €212 (+37892.9%), from €1 to €213
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 | €77,535 | €81,977 | +€4,442 | +5.7% |
| Fixed assets | 21/28 | €8,050 | €8,746 | +€696 | +8.6% |
| Tangible fixed assets | 22/27 | €2,666 | €3,362 | +€696 | +26.1% |
| Plant, machinery and equipment | 23 | €2,666 | €3,362 | +€696 | +26.1% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Financial fixed assets | 28 | €5,384 | €5,384 | = | 0.0% |
| Current assets | 29/58 | €69,485 | €73,231 | +€3,746 | +5.4% |
| Stocks and contracts in progress | 3 | €15,000 | €10,000 | -€5,000 | -33.3% |
| Stocks | 30/36 | €15,000 | €10,000 | -€5,000 | -33.3% |
| Amounts receivable within one year | 40/41 | €4,928 | €62 | -€4,866 | -98.7% |
| Trade receivables | 40 | €0 | €0 | = | 0.0% |
| Other amounts receivable | 41 | €4,928 | €62 | -€4,866 | -98.7% |
| Cash at bank and in hand | 54/58 | €49,384 | €60,193 | +€10,809 | +21.9% |
| Deferred charges and accrued income | 490/1 | €173 | €2,976 | +€2,803 | +1622.2% |
| Total equity and liabilities | 10/49 | €77,535 | €81,977 | +€4,442 | +5.7% |
| Equity | 10/15 | €19,024 | €24,158 | +€5,135 | +27.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €16,026 | €17,958 | +€1,932 | +12.1% |
| Distributable reserves | 133 | €16,026 | €17,958 | +€1,932 | +12.1% |
| Profit (loss) carried forward | 14 | -€3,203 | - | +€3,203 | |
| Amounts payable | 17/49 | €58,511 | €57,819 | -€693 | -1.2% |
| Amounts payable within one year | 42/48 | €58,511 | €57,819 | -€693 | -1.2% |
| Trade debts | 44 | €1,923 | €4,749 | +€2,826 | +147.0% |
| Suppliers | 440/4 | €1,923 | €4,749 | +€2,826 | +147.0% |
| Taxes, remuneration and social security | 45 | €14,022 | €10,532 | -€3,490 | -24.9% |
| Taxes | 450/3 | €12,772 | €9,282 | -€3,490 | -27.3% |
| Remuneration and social security | 454/9 | €1,250 | €1,250 | = | 0.0% |
| Other amounts payable | 47/48 | €42,567 | €42,538 | -€29 | -0.1% |
| Remuneration, social security and pensions | 62 | €12,612 | €397 | -€12,215 | -96.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €715 | €854 | +€139 | +19.4% |
| Other operating charges | 640/8 | €1,205 | €806 | -€399 | -33.1% |
| Gross operating margin | 9900 | €12,327 | €9,247 | -€3,080 | -25.0% |
| Operating profit (loss) | 9901 | -€2,205 | €7,191 | +€9,396 | |
| Financial income | 75/76B | €1 | €213 | +€212 | +37892.9% |
| Recurring financial income | 75 | €1 | €213 | +€212 | +37892.9% |
| Financial charges | 65/66B | €1,450 | €1,307 | -€143 | -9.9% |
| Recurring financial charges | 65 | €1,450 | €1,307 | -€143 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,654 | €6,097 | +€9,751 | |
| Income taxes | 67/77 | -€451 | €962 | +€1,413 | |
| Profit (loss) for the period | 9904 | -€3,203 | €5,135 | +€8,338 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,203 | €5,135 | +€8,338 |
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.