VANNIEUWENBORGH ANDRE: 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.
VANNIEUWENBORGH ANDRE
Largest movements
- Tangible fixed assets -€7,623
down €7,623 (-6.2%), from €122,280 to €114,656
of which Land and buildings: -€7,105
- Profit (loss) carried forward -€8,576
down €8,576 (-33.9%), from -€25,289 to -€33,864
- Other debts +€2,101
up €2,101 (+2.1%), from €100,120 to €102,221
- Gross operating margin +€7,142
up €7,142, from -€3,545 to €3,597
- Other operating charges +€1,462
up €1,462 (+47.9%), from €3,055 to €4,517
- Depreciation +€259
up €259 (+3.5%), from €7,364 to €7,623
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 | €123,091 | €116,616 | -€6,475 | -5.3% |
| Fixed assets | 21/28 | €122,280 | €114,656 | -€7,623 | -6.2% |
| Tangible fixed assets | 22/27 | €122,280 | €114,656 | -€7,623 | -6.2% |
| Land and buildings | 22 | €119,948 | €112,843 | -€7,105 | -5.9% |
| Plant, machinery and equipment | 23 | €2,331 | €1,813 | -€518 | -22.2% |
| Current assets | 29/58 | €812 | €1,960 | +€1,148 | +141% |
| Cash at bank and in hand | 54/58 | €812 | €1,960 | +€1,148 | +141% |
| Total equity and liabilities | 10/49 | €123,091 | €116,616 | -€6,475 | -5.3% |
| Equity | 10/15 | €22,869 | €14,293 | -€8,576 | -37.5% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €29,566 | €29,566 | = | 0.0% |
| Distributable reserves | 133 | €29,566 | €29,566 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,289 | -€33,864 | -€8,576 | -33.9% |
| Amounts payable | 17/49 | €100,222 | €102,323 | +€2,101 | +2.1% |
| Amounts payable within one year | 42/48 | €100,222 | €102,323 | +€2,101 | +2.1% |
| Trade debts | 44 | €102 | €102 | = | 0.0% |
| Suppliers | 440/4 | €102 | €102 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €100,120 | €102,221 | +€2,101 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,364 | €7,623 | +€259 | +3.5% |
| Other operating charges | 640/8 | €3,055 | €4,517 | +€1,462 | +47.9% |
| Gross operating margin | 9900 | -€3,545 | €3,597 | +€7,142 | |
| Operating profit (loss) | 9901 | -€13,965 | -€8,544 | +€5,421 | +38.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €44 | €32 | -€12 | -27.2% |
| Recurring financial charges | 65 | €44 | €32 | -€12 | -27.2% |
| Profit (loss) for the period before taxes | 9903 | -€14,009 | -€8,576 | +€5,433 | +38.8% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€14,009 | -€8,576 | +€5,433 | +38.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,009 | -€8,576 | +€5,433 | +38.8% |
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.