VANOVERMEIRE: 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.
VANOVERMEIRE
Largest movements
- Tangible fixed assets -€71,808
down €71,808 (-21.2%), from €339,157 to €267,349
of which Furniture and vehicles: -€47,729
- Cash +€35,792
up €35,792 (+541%), from €6,612 to €42,404
mainly Tax, wage and social debts (+€141,463) and Depreciation (+€48,645)
- Receivables within one year -€11,110
down €11,110 (-39.1%), from €28,382 to €17,273
of which Trade receivables: -€12,750
- Tax, wage and social debts +€141,463
up €141,463 (+4,678%), from €3,024 to €144,487
of which Remuneration and social security: +€120,913
- Profit (loss) carried forward -€141,342
down €141,342 (-99.4%), from €142,254 to €913
- Other debts -€28,314
down €28,314 (-68.3%), from €41,479 to €13,165
- Debts after one year -€15,000
down €15,000 (-9.1%), from €165,000 to €150,000
- Trade debts -€4,749
down €4,749 (-64.6%), from €7,355 to €2,606
- Depreciation -€10,642
down €10,642 (-18.0%), from €59,288 to €48,645
- Gross operating margin -€9,622
down €9,622 (-20.1%), from €47,775 to €38,153
- Financial income -€4,648
down €4,648 (-23.2%), from €20,000 to €15,352
of which Non-recurring financial income: -€4,649
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 | €375,212 | €327,270 | -€47,942 | -12.8% |
| Fixed assets | 21/28 | €339,157 | €267,349 | -€71,808 | -21.2% |
| Tangible fixed assets | 22/27 | €339,157 | €267,349 | -€71,808 | -21.2% |
| Land and buildings | 22 | €229,240 | €216,422 | -€12,818 | -5.6% |
| Plant, machinery and equipment | 23 | €36,369 | €25,107 | -€11,262 | -31.0% |
| Furniture and vehicles | 24 | €73,549 | €25,821 | -€47,729 | -64.9% |
| Current assets | 29/58 | €36,055 | €59,921 | +€23,866 | +66.2% |
| Amounts receivable within one year | 40/41 | €28,382 | €17,273 | -€11,110 | -39.1% |
| Trade receivables | 40 | €26,799 | €14,049 | -€12,750 | -47.6% |
| Other amounts receivable | 41 | €1,583 | €3,223 | +€1,641 | +104% |
| Cash at bank and in hand | 54/58 | €6,612 | €42,404 | +€35,792 | +541% |
| Deferred charges and accrued income | 490/1 | €1,061 | €244 | -€817 | -77.0% |
| Total equity and liabilities | 10/49 | €375,212 | €327,270 | -€47,942 | -12.8% |
| Equity | 10/15 | €143,354 | €2,013 | -€141,342 | -98.6% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Contributions outside capital | 11 | €1,000 | €1,000 | = | 0.0% |
| Other | 1109/19 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Distributable reserves | 133 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €142,254 | €913 | -€141,342 | -99.4% |
| Amounts payable | 17/49 | €231,858 | €325,258 | +€93,400 | +40.3% |
| Amounts payable after more than one year | 17 | €165,000 | €150,000 | -€15,000 | -9.1% |
| Financial debts | 170/4 | €165,000 | €150,000 | -€15,000 | -9.1% |
| Amounts payable within one year | 42/48 | €66,858 | €175,258 | +€108,400 | +162% |
| Current portion of amounts payable after more than one year | 42 | €15,000 | €15,000 | = | 0.0% |
| Trade debts | 44 | €7,355 | €2,606 | -€4,749 | -64.6% |
| Suppliers | 440/4 | €7,355 | €2,606 | -€4,749 | -64.6% |
| Taxes, remuneration and social security | 45 | €3,024 | €144,487 | +€141,463 | +4,678% |
| Taxes | 450/3 | €3,024 | €23,575 | +€20,551 | +680% |
| Remuneration and social security | 454/9 | - | €120,913 | +€120,913 | |
| Other amounts payable | 47/48 | €41,479 | €13,165 | -€28,314 | -68.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,288 | €48,645 | -€10,642 | -18.0% |
| Other operating charges | 640/8 | €1,429 | €1,517 | +€88 | +6.1% |
| Gross operating margin | 9900 | €47,775 | €38,153 | -€9,622 | -20.1% |
| Operating profit (loss) | 9901 | -€12,943 | -€12,009 | +€933 | +7.2% |
| Financial income | 75/76B | €20,000 | €15,352 | -€4,648 | -23.2% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +1,200% |
| Non-recurring financial income | 76B | €20,000 | €15,351 | -€4,649 | -23.2% |
| Financial charges | 65/66B | €1,719 | €1,554 | -€165 | -9.6% |
| Recurring financial charges | 65 | €1,719 | €1,554 | -€165 | -9.6% |
| Profit (loss) for the period before taxes | 9903 | €5,339 | €1,789 | -€3,550 | -66.5% |
| Income taxes | 67/77 | €1,120 | €880 | -€239 | -21.4% |
| Profit (loss) for the period | 9904 | €4,219 | €908 | -€3,311 | -78.5% |
| Profit (loss) for the period to be appropriated | 9905 | €4,219 | €908 | -€3,311 | -78.5% |
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 18 October 2026 via checked.be.