VANPOUCKE & CO: 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.
VANPOUCKE & CO
Largest movements
- Cash +€114,154
up €114,154 (+385%), from €29,628 to €143,782
mainly Current investments (+€100,000) and Depreciation (+€55,361)
- Current investments -€100,000
down €100,000 (-100%), from €100,000 to €0
- Tangible fixed assets -€54,992
down €54,992 (-22.6%), from €243,123 to €188,131
of which Furniture and vehicles: -€51,579
- Receivables within one year -€4,576
down €4,576 (-9.3%), from €49,333 to €44,757
of which Trade receivables: -€6,486
- Profit (loss) carried forward -€19,650
down €19,650 (-100%), from €19,650 to €0
- Reserves -€12,985
down €12,985 (-5.2%), from €249,768 to €236,783
- Trade debts -€6,270
down €6,270 (-72.8%), from €8,616 to €2,346
- Other debts -€4,591
down €4,591 (-3.9%), from €117,299 to €112,708
- Gross operating margin -€61,773
down €61,773 (-66.3%), from €93,182 to €31,409
- Depreciation -€6,954
down €6,954 (-11.2%), from €62,315 to €55,361
- Taxes -€5,715
down €5,715 (-97.7%), from €5,847 to €132
- Financial income -€1,807
down €1,807 (-59.6%), from €3,033 to €1,226
- Other operating charges +€1,420
new in 2025: €1,420
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 | €425,092 | €378,520 | -€46,572 | -11.0% |
| Fixed assets | 21/28 | €243,123 | €188,131 | -€54,992 | -22.6% |
| Tangible fixed assets | 22/27 | €243,123 | €188,131 | -€54,992 | -22.6% |
| Land and buildings | 22 | €19,145 | €16,832 | -€2,313 | -12.1% |
| Plant, machinery and equipment | 23 | €5,478 | €4,379 | -€1,099 | -20.1% |
| Furniture and vehicles | 24 | €218,500 | €166,921 | -€51,579 | -23.6% |
| Current assets | 29/58 | €181,969 | €190,389 | +€8,420 | +4.6% |
| Amounts receivable within one year | 40/41 | €49,333 | €44,757 | -€4,576 | -9.3% |
| Trade receivables | 40 | €23,861 | €17,375 | -€6,486 | -27.2% |
| Other amounts receivable | 41 | €25,472 | €27,382 | +€1,910 | +7.5% |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100% |
| Cash at bank and in hand | 54/58 | €29,628 | €143,782 | +€114,154 | +385% |
| Deferred charges and accrued income | 490/1 | €3,008 | €1,850 | -€1,158 | -38.5% |
| Total equity and liabilities | 10/49 | €425,092 | €378,520 | -€46,572 | -11.0% |
| Equity | 10/15 | €288,010 | €255,375 | -€32,635 | -11.3% |
| Contributions | 10/11 | €18,592 | €18,592 | +€0 | 0.0% |
| Reserves | 13 | €249,768 | €236,783 | -€12,985 | -5.2% |
| Distributable reserves | 133 | €249,768 | €236,783 | -€12,985 | -5.2% |
| Profit (loss) carried forward | 14 | €19,650 | €0 | -€19,650 | -100% |
| Amounts payable | 17/49 | €137,082 | €123,145 | -€13,937 | -10.2% |
| Amounts payable after more than one year | 17 | - | €0 | = | |
| Trade debts | 175 | - | €0 | = | |
| Amounts payable within one year | 42/48 | €129,273 | €115,054 | -€14,219 | -11.0% |
| Current portion of amounts payable after more than one year | 42 | €1,554 | - | -€1,554 | |
| Trade debts | 44 | €8,616 | €2,346 | -€6,270 | -72.8% |
| Suppliers | 440/4 | €8,616 | €2,346 | -€6,270 | -72.8% |
| Taxes, remuneration and social security | 45 | €1,804 | €0 | -€1,804 | -100% |
| Taxes | 450/3 | €1,804 | €0 | -€1,804 | -100% |
| Other amounts payable | 47/48 | €117,299 | €112,708 | -€4,591 | -3.9% |
| Accrued charges and deferred income | 492/3 | €7,809 | €8,091 | +€282 | +3.6% |
| Non-recurring operating income | 76A | €80,135 | €22,600 | -€57,535 | -71.8% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,315 | €55,361 | -€6,954 | -11.2% |
| Other operating charges | 640/8 | - | €1,420 | +€1,420 | |
| Gross operating margin | 9900 | €93,182 | €31,409 | -€61,773 | -66.3% |
| Operating profit (loss) | 9901 | €30,867 | -€25,373 | -€56,240 | |
| Financial income | 75/76B | €3,033 | €1,226 | -€1,807 | -59.6% |
| Recurring financial income | 75 | €3,033 | €1,226 | -€1,807 | -59.6% |
| Financial charges | 65/66B | €8,568 | €8,357 | -€211 | -2.5% |
| Recurring financial charges | 65 | €8,568 | €8,357 | -€211 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | €25,332 | -€32,503 | -€57,835 | |
| Income taxes | 67/77 | €5,847 | €132 | -€5,715 | -97.7% |
| Profit (loss) for the period | 9904 | €19,485 | -€32,635 | -€52,120 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,485 | -€32,635 | -€52,120 |
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 21 October 2026 via checked.be.