VANROY Vincent: 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.
VANROY Vincent
Largest movements
- Receivables within one year +€12,284
up €12,284 (+95.1%), from €12,923 to €25,207
- Tangible fixed assets -€6,111
down €6,111 (-16.6%), from €36,841 to €30,730
of which Plant, machinery and equipment: -€5,020
- Profit (loss) carried forward +€12,289
up €12,289 (+21.7%), from -€56,680 to -€44,391
- Tax, wage and social debts -€8,227
down €8,227 (-86.2%), from €9,540 to €1,313
of which Remuneration and social security: -€7,764
- Debts after one year -€6,847
down €6,847 (-29.4%), from €23,301 to €16,454
- Advances received +€4,798
up €4,798 (+27.3%), from €17,605 to €22,403
- Trade debts +€3,211
up €3,211 (+256%), from €1,252 to €4,464
- Gross operating margin +€10,266
up €10,266 (+111%), from €9,217 to €19,483
- Depreciation -€1,693
down €1,693 (-21.7%), from €7,804 to €6,111
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 | €63,213 | €70,168 | +€6,955 | +11.0% |
| Fixed assets | 21/28 | €36,866 | €30,755 | -€6,111 | -16.6% |
| Tangible fixed assets | 22/27 | €36,841 | €30,730 | -€6,111 | -16.6% |
| Plant, machinery and equipment | 23 | €35,499 | €30,480 | -€5,020 | -14.1% |
| Furniture and vehicles | 24 | €1,341 | €250 | -€1,091 | -81.3% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €26,347 | €39,413 | +€13,066 | +49.6% |
| Amounts receivable within one year | 40/41 | €12,923 | €25,207 | +€12,284 | +95.1% |
| Trade receivables | 40 | €12,923 | €25,207 | +€12,284 | +95.1% |
| Cash at bank and in hand | 54/58 | €12,434 | €12,920 | +€486 | +3.9% |
| Deferred charges and accrued income | 490/1 | €990 | €1,287 | +€296 | +29.9% |
| Total equity and liabilities | 10/49 | €63,213 | €70,168 | +€6,955 | +11.0% |
| Equity | 10/15 | -€36,220 | -€23,931 | +€12,289 | +33.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,680 | -€44,391 | +€12,289 | +21.7% |
| Amounts payable | 17/49 | €99,433 | €94,099 | -€5,334 | -5.4% |
| Amounts payable after more than one year | 17 | €23,301 | €16,454 | -€6,847 | -29.4% |
| Financial debts | 170/4 | €23,301 | €16,454 | -€6,847 | -29.4% |
| Amounts payable within one year | 42/48 | €76,131 | €77,645 | +€1,514 | +2.0% |
| Current portion of amounts payable after more than one year | 42 | €6,728 | €6,847 | +€120 | +1.8% |
| Trade debts | 44 | €1,252 | €4,464 | +€3,211 | +256% |
| Suppliers | 440/4 | €1,252 | €4,464 | +€3,211 | +256% |
| Advances received on contracts in progress | 46 | €17,605 | €22,403 | +€4,798 | +27.3% |
| Taxes, remuneration and social security | 45 | €9,540 | €1,313 | -€8,227 | -86.2% |
| Taxes | 450/3 | €1,775 | €1,313 | -€462 | -26.0% |
| Remuneration and social security | 454/9 | €7,764 | - | -€7,764 | |
| Other amounts payable | 47/48 | €41,007 | €42,618 | +€1,611 | +3.9% |
| Remuneration, social security and pensions | 62 | - | €121 | +€121 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,804 | €6,111 | -€1,693 | -21.7% |
| Other operating charges | 640/8 | €195 | €383 | +€188 | +96.4% |
| Gross operating margin | 9900 | €9,217 | €19,483 | +€10,266 | +111% |
| Operating profit (loss) | 9901 | €1,219 | €12,868 | +€11,649 | +956% |
| Financial income | 75/76B | €2 | €8 | +€6 | +379% |
| Recurring financial income | 75 | €2 | €8 | +€6 | +379% |
| Financial charges | 65/66B | €778 | €587 | -€191 | -24.6% |
| Recurring financial charges | 65 | €778 | €587 | -€191 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €442 | €12,289 | +€11,846 | +2,678% |
| Profit (loss) for the period | 9904 | €442 | €12,289 | +€11,846 | +2,678% |
| Profit (loss) for the period to be appropriated | 9905 | €442 | €12,289 | +€11,846 | +2,678% |
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 22 October 2026 via checked.be.