Vanram: 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.
Vanram
Largest movements
- Tangible fixed assets -€294,973
down €294,973 (-5.6%), from €5.2m to €4.9m
of which Land and buildings: -€228,994
- Cash +€59,018
up €59,018 (+1034.5%), from €5,705 to €64,723
mainly Depreciation (+€294,973) and Net result for the year (+€131,750)
- Other debts -€544,144
down €544,144 (-34.0%), from €1.6m to €1.1m
- Profit (loss) carried forward +€131,750
up €131,750 (+3.9%), from €3.4m to €3.6m
- Accrued charges and deferred income +€111,648
up €111,648 (+90.4%), from €123,480 to €235,128
- Other operating charges -€26,834
down €26,834 (-39.7%), from €67,650 to €40,816
- Taxes +€13,987
up €13,987 (+40.9%), from €34,206 to €48,193
- Financial charges -€8,034
down €8,034 (-7.1%), from €113,423 to €105,390
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 | €5,321,582 | €5,072,586 | -€248,996 | -4.7% |
| Fixed assets | 21/28 | €5,233,112 | €4,938,138 | -€294,973 | -5.6% |
| Tangible fixed assets | 22/27 | €5,230,612 | €4,935,638 | -€294,973 | -5.6% |
| Land and buildings | 22 | €4,666,064 | €4,437,070 | -€228,994 | -4.9% |
| Plant, machinery and equipment | 23 | €272 | €112 | -€160 | -58.9% |
| Leasing and similar rights | 25 | €564,276 | €498,456 | -€65,820 | -11.7% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €88,470 | €134,448 | +€45,978 | +52.0% |
| Amounts receivable within one year | 40/41 | €75,737 | €60,000 | -€15,737 | -20.8% |
| Other amounts receivable | 41 | €75,737 | €60,000 | -€15,737 | -20.8% |
| Cash at bank and in hand | 54/58 | €5,705 | €64,723 | +€59,018 | +1034.5% |
| Deferred charges and accrued income | 490/1 | €7,029 | €9,726 | +€2,697 | +38.4% |
| Total equity and liabilities | 10/49 | €5,321,582 | €5,072,586 | -€248,996 | -4.7% |
| Equity | 10/15 | €3,585,734 | €3,717,484 | +€131,750 | +3.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Outside capital | 11 | €62,000 | €62,000 | = | 0.0% |
| Other | 1109/19 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €104,715 | €104,715 | = | 0.0% |
| Non-distributable reserves | 130/1 | €31,410 | €31,410 | = | 0.0% |
| Reserves not available under the articles | 1311 | €31,410 | €31,410 | = | 0.0% |
| Distributable reserves | 133 | €73,306 | €73,306 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,419,019 | €3,550,769 | +€131,750 | +3.9% |
| Amounts payable | 17/49 | €1,735,848 | €1,355,102 | -€380,746 | -21.9% |
| Amounts payable after more than one year | 17 | €2,203 | €2,203 | = | 0.0% |
| Other amounts payable | 178/9 | €2,203 | €2,203 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,610,165 | €1,117,771 | -€492,393 | -30.6% |
| Trade debts | 44 | €11,998 | €15,556 | +€3,557 | +29.6% |
| Suppliers | 440/4 | €11,998 | €15,556 | +€3,557 | +29.6% |
| Taxes, remuneration and social security | 45 | - | €48,193 | +€48,193 | |
| Taxes | 450/3 | - | €48,193 | +€48,193 | |
| Other amounts payable | 47/48 | €1,598,167 | €1,054,023 | -€544,144 | -34.0% |
| Accrued charges and deferred income | 492/3 | €123,480 | €235,128 | +€111,648 | +90.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €298,717 | €294,973 | -€3,743 | -1.3% |
| Other operating charges | 640/8 | €67,650 | €40,816 | -€26,834 | -39.7% |
| Gross operating margin | 9900 | €617,991 | €618,758 | +€767 | +0.1% |
| Operating profit (loss) | 9901 | €251,625 | €282,968 | +€31,344 | +12.5% |
| Financial income | 75/76B | €1,877 | €2,364 | +€487 | +26.0% |
| Recurring financial income | 75 | €1,877 | €2,364 | +€487 | +26.0% |
| Financial charges | 65/66B | €113,423 | €105,390 | -€8,034 | -7.1% |
| Recurring financial charges | 65 | €113,423 | €105,390 | -€8,034 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €140,079 | €179,943 | +€39,865 | +28.5% |
| Income taxes | 67/77 | €34,206 | €48,193 | +€13,987 | +40.9% |
| Profit (loss) for the period | 9904 | €105,872 | €131,750 | +€25,878 | +24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €105,872 | €131,750 | +€25,878 | +24.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.