VANTILT: 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.
VANTILT
Largest movements
- Receivables within one year +€12,917
up €12,917 (+36.8%), from €35,148 to €48,066
- Tangible fixed assets -€9,174
down €9,174 (-20.2%), from €45,442 to €36,269
- Current investments +€4,616
up €4,616 (+5631.7%), from €82 to €4,698
- Reserves +€6,222
up €6,222 (+37.8%), from €16,441 to €22,663
of which Distributable reserves: +€6,222
- Tax, wage and social debts +€3,055
up €3,055 (+168.0%), from €1,819 to €4,874
- Gross operating margin +€1,426
up €1,426 (+8.6%), from €16,568 to €17,994
- Taxes +€1,255
up €1,255 (+67.7%), from €1,854 to €3,109
- Financial income +€1,146
up €1,146 (+98.6%), from €1,162 to €2,308
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 | €80,676 | €89,037 | +€8,361 | +10.4% |
| Fixed assets | 21/28 | €45,442 | €36,269 | -€9,174 | -20.2% |
| Tangible fixed assets | 22/27 | €45,442 | €36,269 | -€9,174 | -20.2% |
| Land and buildings | 22 | €45,442 | €36,269 | -€9,174 | -20.2% |
| Current assets | 29/58 | €35,234 | €52,768 | +€17,534 | +49.8% |
| Amounts receivable within one year | 40/41 | €35,148 | €48,066 | +€12,917 | +36.8% |
| Other amounts receivable | 41 | €35,148 | €48,066 | +€12,917 | +36.8% |
| Current investments | 50/53 | €82 | €4,698 | +€4,616 | +5631.7% |
| Cash at bank and in hand | 54/58 | €3 | €5 | +€2 | +45.9% |
| Total equity and liabilities | 10/49 | €80,676 | €89,037 | +€8,361 | +10.4% |
| Equity | 10/15 | €77,941 | €84,163 | +€6,222 | +8.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €16,441 | €22,663 | +€6,222 | +37.8% |
| Non-distributable reserves | 130/1 | €10,704 | €10,704 | = | 0.0% |
| Legal reserve | 130 | €10,704 | €10,704 | = | 0.0% |
| Distributable reserves | 133 | €5,738 | €11,960 | +€6,222 | +108.4% |
| Amounts payable | 17/49 | €2,735 | €4,874 | +€2,139 | +78.2% |
| Amounts payable within one year | 42/48 | €2,735 | €4,874 | +€2,139 | +78.2% |
| Trade debts | 44 | €726 | - | -€726 | |
| Suppliers | 440/4 | €726 | - | -€726 | |
| Taxes, remuneration and social security | 45 | €1,819 | €4,874 | +€3,055 | +168.0% |
| Taxes | 450/3 | €1,819 | €4,874 | +€3,055 | +168.0% |
| Other amounts payable | 47/48 | €190 | - | -€190 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,174 | €9,174 | = | 0.0% |
| Other operating charges | 640/8 | €1,675 | €1,725 | +€51 | +3.0% |
| Gross operating margin | 9900 | €16,568 | €17,994 | +€1,426 | +8.6% |
| Operating profit (loss) | 9901 | €5,720 | €7,095 | +€1,375 | +24.0% |
| Financial income | 75/76B | €1,162 | €2,308 | +€1,146 | +98.6% |
| Recurring financial income | 75 | €1,162 | €2,308 | +€1,146 | +98.6% |
| Financial charges | 65/66B | €67 | €72 | +€5 | +7.4% |
| Recurring financial charges | 65 | €67 | €72 | +€5 | +7.4% |
| Profit (loss) for the period before taxes | 9903 | €6,815 | €9,330 | +€2,516 | +36.9% |
| Income taxes | 67/77 | €1,854 | €3,109 | +€1,255 | +67.7% |
| Profit (loss) for the period | 9904 | €4,961 | €6,222 | +€1,261 | +25.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,961 | €6,222 | +€1,261 | +25.4% |
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 28 September 2026 via checked.be.