VANRYF: 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.
What changed
VANRYF
NACE 82.100, Office administrative and support services
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€89,582
2024 · -€68,604+€158,186
Equity
€833,664
2024 · €737,943+€95,721
Cash
€18,846
2024 · €10,512+€8,334
Balance sheet total
€1.7m
2024 · €1.8m-€81,276
Largest movements
Assets
- Tangible fixed assets -€93,280
down €93,280 (-5.2%), from €1.8m to €1.7m
of which Land and buildings: -€91,487
Equity and liabilities
- Debts after one year -€169,000
down €169,000 (-17.6%), from €959,000 to €790,000
- Profit (loss) carried forward +€115,342
up €115,342 (+69.3%), from -€166,475 to -€51,133
- Reserves -€25,761
down €25,761 (-6.4%), from €404,326 to €378,565
of which Tax-exempt reserves: -€25,761
Income statement
- Gross operating margin +€159,016
up €159,016 (+735.8%), from €21,612 to €180,628
- Turnover -€49,601
down €49,601 (-66.8%), from €74,201 to €24,600
- Purchases and services -€13,277
down €13,277 (-20.2%), from €65,589 to €52,312
- Depreciation +€5,698
up €5,698 (+6.6%), from €86,605 to €92,303
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.
Result 2024
-€68,604
Gross operating margin
+€159,016
Depreciation
-€5,698
Other operating charges
+€1,764
Other operating items
-€123
Financial income
-€565
Financial charges
-€15
Taxes
-€15
Deferred taxes and other
+€3,821
Result 2025
€89,582
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.
From operations
+€170,217
Investment
+€977
Financing
-€162,860
Cash 2024
€10,512
From operations (derived)
+€170,217
Net result for the year
+€89,582
Depreciation
+€92,303
Receivables after one year
-€10,890
Receivables within one year
+€7,260
Smaller working-capital items
-€213
Provisions
-€8,587
Tax, wage and social debts
+€1,550
Advances received
+€1,007
Other debts
-€1,793
Investment (derived)
+€977
Investment in fixed assets (net)
+€977
Financing
-€162,860
Debts after one year
-€169,000
Contributions, distributions and other
+€6,140
Cash 2025
€18,846
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,829,588 | €1,748,312 | -€81,276 | -4.4% |
| Fixed assets | 21/28 | €1,809,876 | €1,716,596 | -€93,280 | -5.2% |
| Tangible fixed assets | 22/27 | €1,809,876 | €1,716,596 | -€93,280 | -5.2% |
| Land and buildings | 22 | €1,806,456 | €1,714,969 | -€91,487 | -5.1% |
| Plant, machinery and equipment | 23 | €396 | €264 | -€132 | -33.3% |
| Furniture and vehicles | 24 | €3,024 | €1,363 | -€1,661 | -54.9% |
| Current assets | 29/58 | €19,712 | €31,716 | +€12,004 | +60.9% |
| Amounts receivable after more than one year | 29 | - | €10,890 | +€10,890 | |
| Trade receivables | 290 | - | €10,890 | +€10,890 | |
| Amounts receivable within one year | 40/41 | €7,260 | - | -€7,260 | |
| Trade receivables | 40 | €7,260 | - | -€7,260 | |
| Cash at bank and in hand | 54/58 | €10,512 | €18,846 | +€8,334 | +79.3% |
| Deferred charges and accrued income | 490/1 | €1,940 | €1,980 | +€40 | +2.1% |
| Total equity and liabilities | 10/49 | €1,829,588 | €1,748,312 | -€81,276 | -4.4% |
| Equity | 10/15 | €737,943 | €833,664 | +€95,721 | +13.0% |
| Contributions | 10/11 | €500,092 | €500,092 | -€0 | 0.0% |
| Capital | 10 | €320,000 | €320,000 | = | 0.0% |
| Issued capital | 100 | €320,000 | €320,000 | = | 0.0% |
| Contributions outside capital | 11 | €180,092 | €180,092 | -€0 | 0.0% |
| Share premium | 1100/10 | €180,092 | €180,092 | -€0 | 0.0% |
| Reserves | 13 | €404,326 | €378,565 | -€25,761 | -6.4% |
| Non-distributable reserves | 130/1 | €31,436 | €31,436 | = | 0.0% |
| Legal reserve | 130 | €31,436 | €31,436 | = | 0.0% |
| Tax-exempt reserves | 132 | €368,831 | €343,070 | -€25,761 | -7.0% |
| Distributable reserves | 133 | €4,059 | €4,059 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€166,475 | -€51,133 | +€115,342 | +69.3% |
| Investment grants | 15 | - | €6,140 | +€6,140 | |
| Provisions and deferred taxes | 16 | €122,944 | €114,357 | -€8,587 | -7.0% |
| Deferred taxes | 168 | €122,944 | €114,357 | -€8,587 | -7.0% |
| Amounts payable | 17/49 | €968,701 | €800,291 | -€168,410 | -17.4% |
| Amounts payable after more than one year | 17 | €959,000 | €790,000 | -€169,000 | -17.6% |
| Financial debts | 170/4 | €959,000 | €790,000 | -€169,000 | -17.6% |
| Amounts payable within one year | 42/48 | €9,701 | €10,291 | +€590 | +6.1% |
| Trade debts | 44 | €639 | €466 | -€173 | -27.1% |
| Suppliers | 440/4 | €639 | €466 | -€173 | -27.1% |
| Advances received on contracts in progress | 46 | €3,430 | €4,437 | +€1,007 | +29.4% |
| Taxes, remuneration and social security | 45 | €1,559 | €3,109 | +€1,550 | +99.4% |
| Taxes | 450/3 | €1,559 | €3,109 | +€1,550 | +99.4% |
| Other amounts payable | 47/48 | €4,073 | €2,280 | -€1,793 | -44.0% |
| Turnover | 70 | €74,201 | €24,600 | -€49,601 | -66.8% |
| Non-recurring operating income | 76A | - | €128,041 | +€128,041 | |
| Goods, raw materials, services and sundry goods | 60/61 | €65,589 | €52,312 | -€13,277 | -20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,605 | €92,303 | +€5,698 | +6.6% |
| Other operating charges | 640/8 | €8,320 | €6,556 | -€1,764 | -21.2% |
| Non-recurring operating charges | 66A | - | €123 | +€123 | |
| Gross operating margin | 9900 | €21,612 | €180,628 | +€159,016 | +735.8% |
| Operating profit (loss) | 9901 | -€73,313 | €81,646 | +€154,959 | |
| Financial income | 75/76B | €620 | €55 | -€565 | -91.1% |
| Recurring financial income | 75 | €620 | €55 | -€565 | -91.1% |
| Financial charges | 65/66B | €153 | €168 | +€15 | +9.7% |
| Recurring financial charges | 65 | €153 | €168 | +€15 | +9.7% |
| Profit (loss) for the period before taxes | 9903 | -€72,846 | €81,533 | +€154,379 | |
| Transfer from deferred taxes | 780 | €4,766 | €8,587 | +€3,821 | +80.2% |
| Income taxes | 67/77 | €524 | €539 | +€15 | +2.8% |
| Profit (loss) for the period | 9904 | -€68,604 | €89,582 | +€158,186 | |
| Transfer from tax-exempt reserves | 789 | €14,299 | €25,760 | +€11,461 | +80.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€54,305 | €115,342 | +€169,647 |
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 12 October 2026 via checked.be.