Vansweevelt D&K: 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.
Vansweevelt D&K
Largest movements
- Tangible fixed assets +€33,384
up €33,384 (+221%), from €15,100 to €48,483
of which Furniture and vehicles: +€35,618
- Cash -€20,258
down €20,258 (-31.2%), from €64,986 to €44,728
mainly Investment in fixed assets (net) (-€46,410) and Contributions, distributions and other (-€44,000)
- Receivables within one year +€18,188
up €18,188 (+105%), from €17,321 to €35,508
of which Trade receivables: +€17,467
- Debts after one year +€17,941
new in 2025: €17,941
- Current portion of long-term debt +€12,158
new in 2025: €12,158
- Other debts +€3,581
up €3,581 (+6.7%), from €53,144 to €56,724
- Depreciation +€9,855
up €9,855 (+311%), from €3,172 to €13,026
- Gross operating margin +€5,753
up €5,753 (+8.7%), from €66,084 to €71,838
- Taxes -€4,242
down €4,242 (-26.5%), from €16,016 to €11,774
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 | €142,406 | €173,832 | +€31,426 | +22.1% |
| Fixed assets | 21/28 | €51,100 | €84,483 | +€33,384 | +65.3% |
| Tangible fixed assets | 22/27 | €15,100 | €48,483 | +€33,384 | +221% |
| Furniture and vehicles | 24 | €2,791 | €38,409 | +€35,618 | +1,276% |
| Other tangible fixed assets | 26 | €12,308 | €10,075 | -€2,234 | -18.1% |
| Financial fixed assets | 28 | €36,000 | €36,000 | = | 0.0% |
| Current assets | 29/58 | €91,306 | €89,348 | -€1,958 | -2.1% |
| Amounts receivable within one year | 40/41 | €17,321 | €35,508 | +€18,188 | +105% |
| Trade receivables | 40 | €17,238 | €34,705 | +€17,467 | +101% |
| Other amounts receivable | 41 | €83 | €803 | +€721 | +872% |
| Current investments | 50/53 | €9,000 | €9,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €64,986 | €44,728 | -€20,258 | -31.2% |
| Deferred charges and accrued income | 490/1 | - | €112 | +€112 | |
| Total equity and liabilities | 10/49 | €142,406 | €173,832 | +€31,426 | +22.1% |
| Equity | 10/15 | €72,705 | €72,088 | -€617 | -0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €54,105 | €53,488 | -€617 | -1.1% |
| Distributable reserves | 133 | €54,105 | €53,488 | -€617 | -1.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €69,701 | €101,744 | +€32,043 | +46.0% |
| Amounts payable after more than one year | 17 | - | €17,941 | +€17,941 | |
| Financial debts | 170/4 | - | €17,941 | +€17,941 | |
| Amounts payable within one year | 42/48 | €68,257 | €82,197 | +€13,940 | +20.4% |
| Current portion of amounts payable after more than one year | 42 | - | €12,158 | +€12,158 | |
| Financial debts | 43 | €4,226 | €4,205 | -€21 | -0.5% |
| Credit institutions | 430/8 | €4,226 | €4,205 | -€21 | -0.5% |
| Trade debts | 44 | €1,187 | €1,105 | -€82 | -6.9% |
| Suppliers | 440/4 | €1,187 | €1,105 | -€82 | -6.9% |
| Taxes, remuneration and social security | 45 | €9,701 | €8,006 | -€1,695 | -17.5% |
| Taxes | 450/3 | €9,701 | €8,006 | -€1,695 | -17.5% |
| Other amounts payable | 47/48 | €53,144 | €56,724 | +€3,581 | +6.7% |
| Accrued charges and deferred income | 492/3 | €1,444 | €1,606 | +€162 | +11.2% |
| Non-recurring operating income | 76A | - | €7,501 | +€7,501 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,172 | €13,026 | +€9,855 | +311% |
| Other operating charges | 640/8 | €898 | €520 | -€378 | -42.1% |
| Gross operating margin | 9900 | €66,084 | €71,838 | +€5,753 | +8.7% |
| Operating profit (loss) | 9901 | €62,014 | €58,292 | -€3,723 | -6.0% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €3,012 | €3,135 | +€122 | +4.1% |
| Recurring financial charges | 65 | €3,012 | €3,135 | +€122 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | €59,002 | €55,157 | -€3,845 | -6.5% |
| Income taxes | 67/77 | €16,016 | €11,774 | -€4,242 | -26.5% |
| Profit (loss) for the period | 9904 | €42,986 | €43,383 | +€396 | +0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €42,986 | €43,383 | +€396 | +0.9% |
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 25 October 2026 via checked.be.