VANSPAUWEN PETER: 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.
VANSPAUWEN PETER
Largest movements
- Deferred charges and accrued income +€656
up €656 (+85.1%), from €771 to €1,427
- Other debts -€4,516
down €4,516 (-86.6%), from €5,213 to €698
- Profit (loss) carried forward +€3,297
up €3,297 (+55.5%), from -€5,938 to -€2,641
- Tax, wage and social debts +€1,932
up €1,932 (+70.6%), from €2,737 to €4,668
- Financial income -€3,275
no longer reported in 2025 (was €3,275)
of which Non-recurring financial income: -€3,275
- Gross operating margin +€1,980
up €1,980 (+26.0%), from €7,623 to €9,603
- Taxes +€1,561
up €1,561 (+100%), from €1,554 to €3,115
- Other operating charges -€1,183
down €1,183 (-57.5%), from €2,057 to €874
- Depreciation +€125
up €125 (+6.2%), from €2,006 to €2,131
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 | €46,374 | €47,308 | +€934 | +2.0% |
| Fixed assets | 21/28 | €16,848 | €16,575 | -€273 | -1.6% |
| Tangible fixed assets | 22/27 | €16,848 | €16,575 | -€273 | -1.6% |
| Plant, machinery and equipment | 23 | €723 | €452 | -€272 | -37.6% |
| Furniture and vehicles | 24 | €13,970 | €13,970 | = | 0.0% |
| Other tangible fixed assets | 26 | €2,155 | €2,154 | -€2 | -0.1% |
| Current assets | 29/58 | €29,526 | €30,733 | +€1,207 | +4.1% |
| Amounts receivable within one year | 40/41 | €5,091 | €5,291 | +€200 | +3.9% |
| Trade receivables | 40 | €5,091 | €4,947 | -€144 | -2.8% |
| Other amounts receivable | 41 | - | €344 | +€344 | |
| Cash at bank and in hand | 54/58 | €23,663 | €24,015 | +€351 | +1.5% |
| Deferred charges and accrued income | 490/1 | €771 | €1,427 | +€656 | +85.1% |
| Total equity and liabilities | 10/49 | €46,374 | €47,308 | +€934 | +2.0% |
| Equity | 10/15 | €37,957 | €41,254 | +€3,297 | +8.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €25,295 | €25,295 | = | 0.0% |
| Distributable reserves | 133 | €25,295 | €25,295 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,938 | -€2,641 | +€3,297 | +55.5% |
| Amounts payable | 17/49 | €8,417 | €6,054 | -€2,363 | -28.1% |
| Amounts payable within one year | 42/48 | €8,417 | €6,054 | -€2,363 | -28.1% |
| Trade debts | 44 | €467 | €688 | +€221 | +47.4% |
| Suppliers | 440/4 | €467 | €688 | +€221 | +47.4% |
| Taxes, remuneration and social security | 45 | €2,737 | €4,668 | +€1,932 | +70.6% |
| Taxes | 450/3 | €2,737 | €4,668 | +€1,932 | +70.6% |
| Other amounts payable | 47/48 | €5,213 | €698 | -€4,516 | -86.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,006 | €2,131 | +€125 | +6.2% |
| Other operating charges | 640/8 | €2,057 | €874 | -€1,183 | -57.5% |
| Gross operating margin | 9900 | €7,623 | €9,603 | +€1,980 | +26.0% |
| Operating profit (loss) | 9901 | €3,559 | €6,598 | +€3,038 | +85.4% |
| Financial income | 75/76B | €3,275 | - | -€3,275 | |
| Recurring financial income | 75 | €0 | - | = | |
| Non-recurring financial income | 76B | €3,275 | - | -€3,275 | |
| Financial charges | 65/66B | €180 | €186 | +€6 | +3.3% |
| Recurring financial charges | 65 | €180 | €186 | +€6 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | €6,654 | €6,411 | -€242 | -3.6% |
| Income taxes | 67/77 | €1,554 | €3,115 | +€1,561 | +100% |
| Profit (loss) for the period | 9904 | €5,100 | €3,297 | -€1,804 | -35.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,100 | €3,297 | -€1,804 | -35.4% |
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 26 October 2026 via checked.be.