Vanmil: 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.
Vanmil
Largest movements
- Cash +€1.2m
up €1.2m (+107.4%), from €1.1m to €2.3m
mainly Net result for the year (+€366,140) and Current investments (+€344,631)
- Current investments -€344,631
down €344,631 (-68.9%), from €500,000 to €155,369
- Receivables within one year -€209,193
down €209,193 (-43.0%), from €486,318 to €277,125
of which Other amounts receivable: -€136,670
- Tangible fixed assets -€89,403
down €89,403 (-11.9%), from €750,657 to €661,254
of which Plant, machinery and equipment: -€55,340
- Reserves +€366,140
up €366,140 (+28.1%), from €1.3m to €1.7m
of which Distributable reserves: +€262,159
- Trade debts +€155,597
up €155,597 (+23.7%), from €656,828 to €812,425
- Turnover -€10.3m
no longer reported in 2025 (was €10.3m)
- Goods and materials -€8.0m
no longer reported in 2025 (was €8.0m)
of which Purchases: -€8.0m
- Gross operating margin +€1.9m
new in 2025: €1.9m
- Services and other goods -€988,049
no longer reported in 2025 (was €988,049)
- Other operating income -€278,272
no longer reported in 2025 (was €278,272)
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 | €3,397,840 | €3,979,313 | +€581,473 | +17.1% |
| Fixed assets | 21/28 | €750,657 | €661,254 | -€89,403 | -11.9% |
| Tangible fixed assets | 22/27 | €750,657 | €661,254 | -€89,403 | -11.9% |
| Plant, machinery and equipment | 23 | €637,975 | €582,635 | -€55,340 | -8.7% |
| Furniture and vehicles | 24 | €112,682 | €78,620 | -€34,063 | -30.2% |
| Current assets | 29/58 | €2,647,182 | €3,318,058 | +€670,876 | +25.3% |
| Stocks and contracts in progress | 3 | €506,393 | €540,118 | +€33,725 | +6.7% |
| Stocks | 30/36 | €506,393 | €540,118 | +€33,725 | +6.7% |
| Goods purchased for resale | 34 | €506,393 | - | -€506,393 | |
| Amounts receivable within one year | 40/41 | €486,318 | €277,125 | -€209,193 | -43.0% |
| Trade receivables | 40 | €123,025 | €50,503 | -€72,523 | -58.9% |
| Other amounts receivable | 41 | €363,293 | €226,623 | -€136,670 | -37.6% |
| Current investments | 50/53 | €500,000 | €155,369 | -€344,631 | -68.9% |
| Other investments | 51/53 | €500,000 | - | -€500,000 | |
| Cash at bank and in hand | 54/58 | €1,119,038 | €2,321,156 | +€1.2m | +107.4% |
| Deferred charges and accrued income | 490/1 | €35,434 | €24,290 | -€11,143 | -31.4% |
| Total equity and liabilities | 10/49 | €3,397,840 | €3,979,313 | +€581,473 | +17.1% |
| Equity | 10/15 | €1,385,436 | €1,751,576 | +€366,140 | +26.4% |
| Contributions | 10/11 | €83,257 | €83,257 | = | 0.0% |
| Capital | 10 | €83,257 | €83,257 | = | 0.0% |
| Issued capital | 100 | €83,257 | €83,257 | = | 0.0% |
| Reserves | 13 | €1,300,686 | €1,666,826 | +€366,140 | +28.1% |
| Non-distributable reserves | 130/1 | €26,645 | €26,645 | = | 0.0% |
| Legal reserve | 130 | €26,645 | €26,645 | = | 0.0% |
| Tax-exempt reserves | 132 | €232,698 | €336,679 | +€103,981 | +44.7% |
| Distributable reserves | 133 | €1,041,343 | €1,303,502 | +€262,159 | +25.2% |
| Profit (loss) carried forward | 14 | €1,493 | €1,493 | = | 0.0% |
| Amounts payable | 17/49 | €2,012,404 | €2,227,736 | +€215,333 | +10.7% |
| Amounts payable within one year | 42/48 | €2,012,043 | €2,223,898 | +€211,855 | +10.5% |
| Trade debts | 44 | €656,828 | €812,425 | +€155,597 | +23.7% |
| Suppliers | 440/4 | €656,828 | €812,425 | +€155,597 | +23.7% |
| Taxes, remuneration and social security | 45 | €200,863 | €237,661 | +€36,798 | +18.3% |
| Taxes | 450/3 | €44,426 | €63,644 | +€19,218 | +43.3% |
| Remuneration and social security | 454/9 | €156,437 | €174,017 | +€17,580 | +11.2% |
| Other amounts payable | 47/48 | €1,154,352 | €1,173,812 | +€19,460 | +1.7% |
| Accrued charges and deferred income | 492/3 | €361 | €3,838 | +€3,477 | +963.0% |
| Operating income | 70/76A | €10,569,333 | - | -€10.6m | |
| Turnover | 70 | €10,291,061 | - | -€10.3m | |
| Other operating income | 74 | €278,272 | - | -€278,272 | |
| Operating charges | 60/66A | €10,083,523 | - | -€10.1m | |
| Goods for resale, raw materials and consumables | 60 | €7,985,180 | - | -€8.0m | |
| Purchases | 600/8 | €7,990,286 | - | -€8.0m | |
| Change in stocks: decrease (increase) | 609 | -€5,106 | - | +€5,106 | |
| Services and other goods | 61 | €988,049 | - | -€988,049 | |
| Remuneration, social security and pensions | 62 | €942,824 | €1,066,172 | +€123,348 | +13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €163,427 | €178,025 | +€14,598 | +8.9% |
| Other operating charges | 640/8 | €4,044 | €30,304 | +€26,260 | +649.4% |
| Gross operating margin | 9900 | - | €1,863,649 | +€1.9m | |
| Operating profit (loss) | 9901 | €485,809 | €589,148 | +€103,338 | +21.3% |
| Financial income | 75/76B | €32,169 | €28,416 | -€3,753 | -11.7% |
| Recurring financial income | 75 | €32,169 | €28,416 | -€3,753 | -11.7% |
| Other financial income | 752/9 | €32,169 | - | -€32,169 | |
| Financial charges | 65/66B | €85,950 | €98,191 | +€12,241 | +14.2% |
| Recurring financial charges | 65 | €85,950 | €98,191 | +€12,241 | +14.2% |
| Other financial charges | 652/9 | €85,950 | - | -€85,950 | |
| Profit (loss) for the period before taxes | 9903 | €432,028 | €519,372 | +€87,344 | +20.2% |
| Income taxes | 67/77 | €114,446 | €153,232 | +€38,786 | +33.9% |
| Taxes | 670/3 | €114,446 | - | -€114,446 | |
| Profit (loss) for the period | 9904 | €317,582 | €366,140 | +€48,558 | +15.3% |
| Transfer from tax-exempt reserves | 789 | - | €44,877 | +€44,877 | |
| Transfer to tax-exempt reserves | 689 | €148,858 | €148,858 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €168,724 | €262,159 | +€93,435 | +55.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.