VANMOBIL: 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.
VANMOBIL
Largest movements
- Current investments +€600,000
new in 2025: €600,000
- Tangible fixed assets -€416,454
down €416,454 (-9.1%), from €4.6m to €4.1m
- Cash -€329,353
down €329,353 (-61.9%), from €532,157 to €202,804
mainly Current investments (-€600,000) and Current portion of long-term debt (-€62,534)
- Current portion of long-term debt -€62,534
down €62,534 (-50.0%), from €125,004 to €62,470
- Debts after one year -€62,470
down €62,470 (-100%), from €62,470 to €0
- Provisions -€59,321
down €59,321 (-14.0%), from €422,803 to €363,482
- Taxes -€33,254
down €33,254 (-32.5%), from €102,362 to €69,107
- Depreciation -€15,292
down €15,292 (-7.1%), from €214,146 to €198,855
- Gross operating margin -€10,109
down €10,109 (-1.9%), from €541,314 to €531,204
- Other operating charges +€5,631
up €5,631 (+7.8%), from €72,212 to €77,843
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 | €5,104,556 | €4,957,568 | -€146,988 | -2.9% |
| Fixed assets | 21/28 | €4,564,116 | €4,147,662 | -€416,454 | -9.1% |
| Tangible fixed assets | 22/27 | €4,561,466 | €4,145,012 | -€416,454 | -9.1% |
| Land and buildings | 22 | €4,561,466 | €4,145,012 | -€416,454 | -9.1% |
| Financial fixed assets | 28 | €2,650 | €2,650 | = | 0.0% |
| Current assets | 29/58 | €540,441 | €809,906 | +€269,466 | +49.9% |
| Amounts receivable within one year | 40/41 | €7,815 | €7,102 | -€713 | -9.1% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €7,815 | €7,102 | -€713 | -9.1% |
| Current investments | 50/53 | - | €600,000 | +€600,000 | |
| Cash at bank and in hand | 54/58 | €532,157 | €202,804 | -€329,353 | -61.9% |
| Deferred charges and accrued income | 490/1 | €469 | €0 | -€469 | -100% |
| Total equity and liabilities | 10/49 | €5,104,556 | €4,957,568 | -€146,988 | -2.9% |
| Equity | 10/15 | €4,487,060 | €4,516,418 | +€29,358 | +0.7% |
| Contributions | 10/11 | €99,157 | €99,157 | = | 0.0% |
| Capital | 10 | €99,157 | €99,157 | = | 0.0% |
| Issued capital | 100 | €99,157 | €99,157 | = | 0.0% |
| Reserves | 13 | €4,387,903 | €4,417,261 | +€29,358 | +0.7% |
| Non-distributable reserves | 130/1 | €9,916 | €9,916 | = | 0.0% |
| Legal reserve | 130 | €9,916 | €9,916 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,268,410 | €1,090,447 | -€177,963 | -14.0% |
| Distributable reserves | 133 | €3,109,577 | €3,316,899 | +€207,322 | +6.7% |
| Provisions and deferred taxes | 16 | €422,803 | €363,482 | -€59,321 | -14.0% |
| Deferred taxes | 168 | €422,803 | €363,482 | -€59,321 | -14.0% |
| Amounts payable | 17/49 | €194,693 | €77,667 | -€117,026 | -60.1% |
| Amounts payable after more than one year | 17 | €62,470 | €0 | -€62,470 | -100% |
| Financial debts | 170/4 | €62,470 | €0 | -€62,470 | -100% |
| Amounts payable within one year | 42/48 | €132,223 | €77,667 | -€54,556 | -41.3% |
| Current portion of amounts payable after more than one year | 42 | €125,004 | €62,470 | -€62,534 | -50.0% |
| Trade debts | 44 | €7,100 | €15,197 | +€8,098 | +114% |
| Suppliers | 440/4 | €7,100 | €15,197 | +€8,098 | +114% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €119 | €0 | -€119 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €214,146 | €198,855 | -€15,292 | -7.1% |
| Other operating charges | 640/8 | €72,212 | €77,843 | +€5,631 | +7.8% |
| Non-recurring operating charges | 66A | - | €217,599 | +€217,599 | |
| Gross operating margin | 9900 | €541,314 | €531,204 | -€10,109 | -1.9% |
| Operating profit (loss) | 9901 | €254,955 | €36,907 | -€218,048 | -85.5% |
| Financial income | 75/76B | - | €4,016 | +€4,016 | |
| Recurring financial income | 75 | - | €4,016 | +€4,016 | |
| Financial charges | 65/66B | €3,378 | €1,779 | -€1,599 | -47.3% |
| Recurring financial charges | 65 | €3,378 | €1,779 | -€1,599 | -47.3% |
| Profit (loss) for the period before taxes | 9903 | €251,577 | €39,145 | -€212,433 | -84.4% |
| Transfer from deferred taxes | 780 | €39,467 | €59,321 | +€19,854 | +50.3% |
| Income taxes | 67/77 | €102,362 | €69,107 | -€33,254 | -32.5% |
| Profit (loss) for the period | 9904 | €188,683 | €29,358 | -€159,324 | -84.4% |
| Transfer from tax-exempt reserves | 789 | €118,402 | €177,963 | +€59,562 | +50.3% |
| Profit (loss) for the period to be appropriated | 9905 | €307,085 | €207,322 | -€99,763 | -32.5% |
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 15 October 2026 via checked.be.