VANSAM: 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.
VANSAM
Largest movements
- Current investments +€276,393
new in 2023: €276,393
- Receivables within one year -€66,792
down €66,792 (-17.1%), from €391,329 to €324,537
of which Other amounts receivable: -€99,854
- Tangible fixed assets +€54,923
up €54,923 (+4.8%), from €1.1m to €1.2m
of which Other tangible fixed assets: +€101,223
- Reserves +€352,400
up €352,400 (+36.1%), from €975,504 to €1.3m
of which Distributable reserves: +€352,400
- Debts after one year -€151,307
down €151,307 (-33.7%), from €449,109 to €297,802
- Tax, wage and social debts +€60,599
up €60,599 (+43.9%), from €138,102 to €198,700
of which Taxes: +€55,659
- Gross operating margin +€247,930
up €247,930 (+25.1%), from €988,752 to €1.2m
- Staff costs +€65,642
up €65,642 (+14.9%), from €441,301 to €506,942
- Taxes +€64,066
up €64,066 (+63.9%), from €100,316 to €164,382
- Depreciation -€44,835
down €44,835 (-19.0%), from €236,477 to €191,643
- Provisions +€25,000
no longer reported in 2023 (was -€25,000)
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,850,465 | €2,110,360 | +€259,896 | +14.0% |
| Fixed assets | 21/28 | €1,137,491 | €1,192,415 | +€54,923 | +4.8% |
| Tangible fixed assets | 22/27 | €1,137,356 | €1,192,280 | +€54,923 | +4.8% |
| Land and buildings | 22 | €217,851 | €184,426 | -€33,425 | -15.3% |
| Plant, machinery and equipment | 23 | €224,016 | €181,474 | -€42,542 | -19.0% |
| Furniture and vehicles | 24 | €15,746 | €45,413 | +€29,667 | +188.4% |
| Other tangible fixed assets | 26 | €679,744 | €780,967 | +€101,223 | +14.9% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €712,973 | €917,945 | +€204,972 | +28.7% |
| Stocks and contracts in progress | 3 | €40,551 | €49,649 | +€9,098 | +22.4% |
| Stocks | 30/36 | €40,551 | €49,649 | +€9,098 | +22.4% |
| Amounts receivable within one year | 40/41 | €391,329 | €324,537 | -€66,792 | -17.1% |
| Trade receivables | 40 | €280,770 | €313,832 | +€33,062 | +11.8% |
| Other amounts receivable | 41 | €110,559 | €10,705 | -€99,854 | -90.3% |
| Current investments | 50/53 | - | €276,393 | +€276,393 | |
| Cash at bank and in hand | 54/58 | €262,313 | €245,150 | -€17,163 | -6.5% |
| Deferred charges and accrued income | 490/1 | €18,780 | €22,216 | +€3,436 | +18.3% |
| Total equity and liabilities | 10/49 | €1,850,465 | €2,110,360 | +€259,896 | +14.0% |
| Equity | 10/15 | €994,144 | €1,346,591 | +€352,447 | +35.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €975,504 | €1,327,904 | +€352,400 | +36.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €94,458 | €94,458 | = | 0.0% |
| Distributable reserves | 133 | €879,186 | €1,231,586 | +€352,400 | +40.1% |
| Profit (loss) carried forward | 14 | €40 | €87 | +€47 | +118.0% |
| Amounts payable | 17/49 | €856,321 | €763,770 | -€92,551 | -10.8% |
| Amounts payable after more than one year | 17 | €449,109 | €297,802 | -€151,307 | -33.7% |
| Financial debts | 170/4 | €449,109 | €297,802 | -€151,307 | -33.7% |
| Amounts payable within one year | 42/48 | €404,060 | €459,970 | +€55,909 | +13.8% |
| Current portion of amounts payable after more than one year | 42 | €172,164 | €151,307 | -€20,857 | -12.1% |
| Trade debts | 44 | €14,950 | €13,743 | -€1,207 | -8.1% |
| Suppliers | 440/4 | €14,950 | €13,743 | -€1,207 | -8.1% |
| Taxes, remuneration and social security | 45 | €138,102 | €198,700 | +€60,599 | +43.9% |
| Taxes | 450/3 | €106,070 | €161,728 | +€55,659 | +52.5% |
| Remuneration and social security | 454/9 | €32,032 | €36,972 | +€4,940 | +15.4% |
| Other amounts payable | 47/48 | €78,844 | €96,219 | +€17,375 | +22.0% |
| Accrued charges and deferred income | 492/3 | €3,151 | €5,998 | +€2,847 | +90.3% |
| Remuneration, social security and pensions | 62 | €441,301 | €506,942 | +€65,642 | +14.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €236,477 | €191,643 | -€44,835 | -19.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €474 | +€474 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€25,000 | - | +€25,000 | |
| Other operating charges | 640/8 | €9,783 | €10,451 | +€669 | +6.8% |
| Gross operating margin | 9900 | €988,752 | €1,236,681 | +€247,930 | +25.1% |
| Operating profit (loss) | 9901 | €326,191 | €527,171 | +€200,980 | +61.6% |
| Financial income | 75/76B | €6,689 | €6,683 | -€6 | -0.1% |
| Recurring financial income | 75 | €6,689 | €6,683 | -€6 | -0.1% |
| Financial charges | 65/66B | €10,439 | €15,425 | +€4,987 | +47.8% |
| Recurring financial charges | 65 | €10,439 | €15,425 | +€4,987 | +47.8% |
| Profit (loss) for the period before taxes | 9903 | €322,441 | €518,429 | +€195,988 | +60.8% |
| Income taxes | 67/77 | €100,316 | €164,382 | +€64,066 | +63.9% |
| Profit (loss) for the period | 9904 | €222,126 | €354,047 | +€131,921 | +59.4% |
| Profit (loss) for the period to be appropriated | 9905 | €222,126 | €354,047 | +€131,921 | +59.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.