VANO ASSUR: what changed
VANO ASSUR
Largest movements
- Intangible fixed assets -€55,000
down €55,000 (-12.4%), from €443,993 to €388,993
- Receivables within one year -€52,339
down €52,339 (-56.4%), from €92,863 to €40,524
of which Other amounts receivable: -€38,941
- Cash +€34,908
up €34,908 (+820%), from €4,259 to €39,167
mainly Depreciation (+€68,604) and Receivables within one year (+€52,339)
- Tangible fixed assets -€6,899
down €6,899 (-18.3%), from €37,747 to €30,848
- Debts after one year -€74,008
down €74,008 (-16.6%), from €445,487 to €371,479
- Profit (loss) carried forward -€30,925
down €30,925 (-79.9%), from €38,707 to €7,783
- Tax, wage and social debts +€12,527
up €12,527 (+42.2%), from €29,660 to €42,187
of which Remuneration and social security: +€12,020
- Trade debts +€10,960
up €10,960 (+60.2%), from €18,192 to €29,152
- Staff costs +€55,262
up €55,262 (+54.1%), from €102,115 to €157,377
- Taxes -€7,400
down €7,400 (-93.6%), from €7,907 to €508
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €584,833 | €504,609 | -€80,224 | -13.7% |
| Fixed assets | 21/28 | €482,303 | €420,404 | -€61,899 | -12.8% |
| Intangible fixed assets | 21 | €443,993 | €388,993 | -€55,000 | -12.4% |
| Tangible fixed assets | 22/27 | €37,747 | €30,848 | -€6,899 | -18.3% |
| Furniture and vehicles | 24 | €37,747 | €30,848 | -€6,899 | -18.3% |
| Financial fixed assets | 28 | €563 | €563 | = | 0.0% |
| Current assets | 29/58 | €102,530 | €84,205 | -€18,325 | -17.9% |
| Amounts receivable within one year | 40/41 | €92,863 | €40,524 | -€52,339 | -56.4% |
| Trade receivables | 40 | €16,967 | €3,569 | -€13,398 | -79.0% |
| Other amounts receivable | 41 | €75,896 | €36,955 | -€38,941 | -51.3% |
| Cash at bank and in hand | 54/58 | €4,259 | €39,167 | +€34,908 | +820% |
| Deferred charges and accrued income | 490/1 | €5,408 | €4,514 | -€894 | -16.5% |
| Total equity and liabilities | 10/49 | €584,833 | €504,609 | -€80,224 | -13.7% |
| Equity | 10/15 | €43,707 | €12,783 | -€30,925 | -70.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,707 | €7,783 | -€30,925 | -79.9% |
| Amounts payable | 17/49 | €541,126 | €491,826 | -€49,299 | -9.1% |
| Amounts payable after more than one year | 17 | €445,487 | €371,479 | -€74,008 | -16.6% |
| Financial debts | 170/4 | €445,487 | €371,479 | -€74,008 | -16.6% |
| Amounts payable within one year | 42/48 | €95,094 | €120,348 | +€25,254 | +26.6% |
| Current portion of amounts payable after more than one year | 42 | €47,242 | €49,008 | +€1,766 | +3.7% |
| Trade debts | 44 | €18,192 | €29,152 | +€10,960 | +60.2% |
| Suppliers | 440/4 | €18,192 | €29,152 | +€10,960 | +60.2% |
| Taxes, remuneration and social security | 45 | €29,660 | €42,187 | +€12,527 | +42.2% |
| Taxes | 450/3 | €7,907 | €8,415 | +€508 | +6.4% |
| Remuneration and social security | 454/9 | €21,753 | €33,772 | +€12,020 | +55.3% |
| Accrued charges and deferred income | 492/3 | €545 | €0 | -€545 | -100% |
| Remuneration, social security and pensions | 62 | €102,115 | €157,377 | +€55,262 | +54.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,821 | €68,604 | +€784 | +1.2% |
| Other operating charges | 640/8 | €7,322 | €8,065 | +€742 | +10.1% |
| Non-recurring operating charges | 66A | - | €695 | +€695 | |
| Gross operating margin | 9900 | €214,390 | €213,040 | -€1,351 | -0.6% |
| Operating profit (loss) | 9901 | €37,132 | -€21,702 | -€58,834 | |
| Financial income | 75/76B | €0 | €2 | +€2 | |
| Recurring financial income | 75 | €0 | €2 | +€2 | |
| Financial charges | 65/66B | €10,114 | €8,717 | -€1,397 | -13.8% |
| Recurring financial charges | 65 | €10,114 | €8,717 | -€1,397 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €27,018 | -€30,417 | -€57,435 | |
| Income taxes | 67/77 | €7,907 | €508 | -€7,400 | -93.6% |
| Profit (loss) for the period | 9904 | €19,111 | -€30,925 | -€50,035 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,111 | -€30,925 | -€50,035 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.