Vanti: 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.
Vanti
Largest movements
- Cash +€123,000
up €123,000 (+107.9%), from €114,022 to €237,022
mainly Net result for the year (+€149,440) and Depreciation (+€43,283)
- Stocks and contracts +€11,523
up €11,523 (+243.9%), from €4,724 to €16,247
- Reserves +€150,000
up €150,000 (+107.1%), from €140,000 to €290,000
- Other debts -€24,391
down €24,391 (-21.0%), from €116,264 to €91,873
- Tax, wage and social debts +€5,429
up €5,429 (+29.2%), from €18,581 to €24,010
of which Taxes: +€5,421
- Trade debts +€4,506
up €4,506 (+81.1%), from €5,553 to €10,059
- Gross operating margin +€38,906
up €38,906 (+18.8%), from €207,287 to €246,194
- Depreciation +€15,959
up €15,959 (+58.4%), from €27,325 to €43,283
- Taxes +€4,784
up €4,784 (+12.1%), from €39,552 to €44,336
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €286,941 | €421,925 | +€134,984 | +47.0% |
| Fixed assets | 21/28 | €155,273 | €156,264 | +€990 | +0.6% |
| Intangible fixed assets | 21 | €745 | - | -€745 | |
| Tangible fixed assets | 22/27 | €154,528 | €156,264 | +€1,735 | +1.1% |
| Plant, machinery and equipment | 23 | €24,421 | €30,722 | +€6,301 | +25.8% |
| Furniture and vehicles | 24 | €130,107 | €125,541 | -€4,566 | -3.5% |
| Current assets | 29/58 | €131,668 | €265,661 | +€133,993 | +101.8% |
| Stocks and contracts in progress | 3 | €4,724 | €16,247 | +€11,523 | +243.9% |
| Stocks | 30/36 | €4,724 | €16,247 | +€11,523 | +243.9% |
| Amounts receivable within one year | 40/41 | €10,589 | €9,191 | -€1,397 | -13.2% |
| Trade receivables | 40 | €1,936 | €791 | -€1,145 | -59.1% |
| Other amounts receivable | 41 | €8,652 | €8,400 | -€252 | -2.9% |
| Cash at bank and in hand | 54/58 | €114,022 | €237,022 | +€123,000 | +107.9% |
| Deferred charges and accrued income | 490/1 | €2,334 | €3,201 | +€868 | +37.2% |
| Total equity and liabilities | 10/49 | €286,941 | €421,925 | +€134,984 | +47.0% |
| Equity | 10/15 | €146,143 | €295,583 | +€149,440 | +102.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €140,000 | €290,000 | +€150,000 | +107.1% |
| Distributable reserves | 133 | €140,000 | €290,000 | +€150,000 | +107.1% |
| Profit (loss) carried forward | 14 | €1,143 | €583 | -€560 | -49.0% |
| Amounts payable | 17/49 | €140,799 | €126,342 | -€14,457 | -10.3% |
| Amounts payable within one year | 42/48 | €140,399 | €125,942 | -€14,457 | -10.3% |
| Trade debts | 44 | €5,553 | €10,059 | +€4,506 | +81.1% |
| Suppliers | 440/4 | €5,553 | €10,059 | +€4,506 | +81.1% |
| Taxes, remuneration and social security | 45 | €18,581 | €24,010 | +€5,429 | +29.2% |
| Taxes | 450/3 | €13,263 | €18,684 | +€5,421 | +40.9% |
| Remuneration and social security | 454/9 | €5,318 | €5,326 | +€8 | +0.2% |
| Other amounts payable | 47/48 | €116,264 | €91,873 | -€24,391 | -21.0% |
| Accrued charges and deferred income | 492/3 | €400 | €400 | = | 0.0% |
| Non-recurring operating income | 76A | €10,860 | €6,278 | -€4,582 | -42.2% |
| Remuneration, social security and pensions | 62 | €5,938 | €4,326 | -€1,612 | -27.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,325 | €43,283 | +€15,959 | +58.4% |
| Other operating charges | 640/8 | €2,359 | €815 | -€1,544 | -65.5% |
| Gross operating margin | 9900 | €207,287 | €246,194 | +€38,906 | +18.8% |
| Operating profit (loss) | 9901 | €171,665 | €197,770 | +€26,104 | +15.2% |
| Financial income | 75/76B | €1,586 | €1,235 | -€351 | -22.1% |
| Recurring financial income | 75 | €1,586 | €1,235 | -€351 | -22.1% |
| Financial charges | 65/66B | €4,649 | €5,228 | +€580 | +12.5% |
| Recurring financial charges | 65 | €4,649 | €5,228 | +€580 | +12.5% |
| Profit (loss) for the period before taxes | 9903 | €168,603 | €193,777 | +€25,174 | +14.9% |
| Income taxes | 67/77 | €39,552 | €44,336 | +€4,784 | +12.1% |
| Profit (loss) for the period | 9904 | €129,050 | €149,440 | +€20,390 | +15.8% |
| Profit (loss) for the period to be appropriated | 9905 | €129,050 | €149,440 | +€20,390 | +15.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.