VANPASSEL: 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.
VANPASSEL
Largest movements
- Cash +€26,183
up €26,183 (+61.1%), from €42,839 to €69,021
mainly Net result for the year (+€24,658) and Depreciation (+€10,673)
- Tangible fixed assets -€9,504
down €9,504 (-77.3%), from €12,292 to €2,788
of which Furniture and vehicles: -€9,384
- Deferred charges and accrued income -€1,100
down €1,100 (-53.4%), from €2,059 to €959
- Reserves +€24,658
up €24,658 (+95.4%), from €25,860 to €50,518
of which Distributable reserves: +€24,658
- Debts after one year -€11,016
down €11,016 (-100.0%), from €11,016 to €0
- Tax, wage and social debts +€5,382
up €5,382 (+74.9%), from €7,190 to €12,572
of which Taxes: +€3,377
- Current portion of long-term debt -€3,495
down €3,495 (-24.1%), from €14,511 to €11,016
- Gross operating margin +€18,946
up €18,946 (+22.6%), from €83,753 to €102,700
- Depreciation -€11,593
down €11,593 (-52.1%), from €22,266 to €10,673
- Taxes +€5,463
up €5,463 (+1319.2%), from €414 to €5,877
- Other operating charges +€1,801
up €1,801 (+65.9%), from €2,732 to €4,533
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 | €69,790 | €85,655 | +€15,865 | +22.7% |
| Fixed assets | 21/28 | €12,292 | €2,788 | -€9,504 | -77.3% |
| Tangible fixed assets | 22/27 | €12,292 | €2,788 | -€9,504 | -77.3% |
| Land and buildings | 22 | €2,085 | €1,965 | -€120 | -5.7% |
| Furniture and vehicles | 24 | €10,207 | €823 | -€9,384 | -91.9% |
| Current assets | 29/58 | €57,498 | €82,866 | +€25,368 | +44.1% |
| Amounts receivable within one year | 40/41 | €12,600 | €12,886 | +€286 | +2.3% |
| Trade receivables | 40 | €12,600 | €12,886 | +€286 | +2.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €42,839 | €69,021 | +€26,183 | +61.1% |
| Deferred charges and accrued income | 490/1 | €2,059 | €959 | -€1,100 | -53.4% |
| Total equity and liabilities | 10/49 | €69,790 | €85,655 | +€15,865 | +22.7% |
| Equity | 10/15 | €34,895 | €59,553 | +€24,658 | +70.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €25,860 | €50,518 | +€24,658 | +95.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €24,000 | €48,658 | +€24,658 | +102.7% |
| Profit (loss) carried forward | 14 | €2,835 | €2,835 | = | 0.0% |
| Amounts payable | 17/49 | €34,895 | €26,102 | -€8,793 | -25.2% |
| Amounts payable after more than one year | 17 | €11,016 | €0 | -€11,016 | -100.0% |
| Financial debts | 170/4 | €11,016 | €0 | -€11,016 | -100.0% |
| Amounts payable within one year | 42/48 | €23,879 | €26,102 | +€2,223 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | €14,511 | €11,016 | -€3,495 | -24.1% |
| Trade debts | 44 | €1,773 | €1,858 | +€86 | +4.8% |
| Suppliers | 440/4 | €1,773 | €1,858 | +€86 | +4.8% |
| Taxes, remuneration and social security | 45 | €7,190 | €12,572 | +€5,382 | +74.9% |
| Taxes | 450/3 | €414 | €3,792 | +€3,377 | +815.5% |
| Remuneration and social security | 454/9 | €6,776 | €8,780 | +€2,004 | +29.6% |
| Other amounts payable | 47/48 | €405 | €655 | +€250 | +61.8% |
| Remuneration, social security and pensions | 62 | €55,514 | €56,506 | +€992 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,266 | €10,673 | -€11,593 | -52.1% |
| Other operating charges | 640/8 | €2,732 | €4,533 | +€1,801 | +65.9% |
| Gross operating margin | 9900 | €83,753 | €102,700 | +€18,946 | +22.6% |
| Operating profit (loss) | 9901 | €3,242 | €30,988 | +€27,746 | +855.9% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €652 | €453 | -€199 | -30.6% |
| Recurring financial charges | 65 | €652 | €453 | -€199 | -30.6% |
| Profit (loss) for the period before taxes | 9903 | €2,590 | €30,535 | +€27,946 | +1079.1% |
| Income taxes | 67/77 | €414 | €5,877 | +€5,463 | +1319.2% |
| Profit (loss) for the period | 9904 | €2,175 | €24,658 | +€22,483 | +1033.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,175 | €24,658 | +€22,483 | +1033.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.