VANTO CONSTRUCT: 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.
VANTO CONSTRUCT
Largest movements
- Receivables within one year +€9,072
up €9,072 (+67.1%), from €13,526 to €22,599
of which Other amounts receivable: +€5,781
- Tangible fixed assets -€7,804
down €7,804 (-33.9%), from €23,011 to €15,206
of which Furniture and vehicles: -€7,524
- Cash -€2,959
down €2,959 (-49.1%), from €6,031 to €3,072
mainly Debts after one year (-€10,983) and Receivables within one year (-€9,072)
- Debts after one year -€10,983
down €10,983 (-85.2%), from €12,893 to €1,911
of which Financial debts: -€10,983
- Reserves +€4,820
up €4,820 (+80.9%), from €5,958 to €10,778
- Tax, wage and social debts +€2,269
up €2,269 (+190.0%), from €1,195 to €3,464
- Trade debts +€1,353
up €1,353 (+52.9%), from €2,558 to €3,911
- Current portion of long-term debt +€781
up €781 (+7.7%), from €10,201 to €10,983
- Taxes +€1,528
up €1,528 (+202.4%), from €755 to €2,283
- Gross operating margin +€1,327
up €1,327 (+5.8%), from €22,771 to €24,098
- Other operating charges -€1,033
down €1,033 (-53.7%), from €1,925 to €892
- Financial charges -€721
down €721 (-33.4%), from €2,161 to €1,440
- Financial income +€278
up €278 (+86.7%), from €321 to €599
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 | €42,805 | €41,046 | -€1,759 | -4.1% |
| Fixed assets | 21/28 | €23,011 | €15,206 | -€7,804 | -33.9% |
| Tangible fixed assets | 22/27 | €23,011 | €15,206 | -€7,804 | -33.9% |
| Plant, machinery and equipment | 23 | €624 | €344 | -€280 | -44.9% |
| Furniture and vehicles | 24 | €22,387 | €14,863 | -€7,524 | -33.6% |
| Current assets | 29/58 | €19,795 | €25,840 | +€6,045 | +30.5% |
| Stocks and contracts in progress | 3 | €73 | €0 | -€73 | -100.0% |
| Stocks | 30/36 | €73 | €0 | -€73 | -100.0% |
| Amounts receivable within one year | 40/41 | €13,526 | €22,599 | +€9,072 | +67.1% |
| Trade receivables | 40 | €0 | €3,291 | +€3,291 | |
| Other amounts receivable | 41 | €13,526 | €19,307 | +€5,781 | +42.7% |
| Cash at bank and in hand | 54/58 | €6,031 | €3,072 | -€2,959 | -49.1% |
| Deferred charges and accrued income | 490/1 | €164 | €170 | +€5 | +3.2% |
| Total equity and liabilities | 10/49 | €42,805 | €41,046 | -€1,759 | -4.1% |
| Equity | 10/15 | €7,958 | €12,778 | +€4,820 | +60.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €5,958 | €10,778 | +€4,820 | +80.9% |
| Distributable reserves | 133 | €5,958 | €10,778 | +€4,820 | +80.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €34,847 | €28,268 | -€6,579 | -18.9% |
| Amounts payable after more than one year | 17 | €12,893 | €1,911 | -€10,983 | -85.2% |
| Financial debts | 170/4 | €12,893 | €1,911 | -€10,983 | -85.2% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €21,954 | €26,358 | +€4,404 | +20.1% |
| Current portion of amounts payable after more than one year | 42 | €10,201 | €10,983 | +€781 | +7.7% |
| Trade debts | 44 | €2,558 | €3,911 | +€1,353 | +52.9% |
| Suppliers | 440/4 | €2,558 | €3,911 | +€1,353 | +52.9% |
| Taxes, remuneration and social security | 45 | €1,195 | €3,464 | +€2,269 | +190.0% |
| Taxes | 450/3 | €1,195 | €3,464 | +€2,269 | +190.0% |
| Other amounts payable | 47/48 | €8,000 | €8,000 | = | 0.0% |
| Non-recurring operating income | 76A | - | €4 | +€4 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,266 | €7,262 | -€4 | -0.1% |
| Other operating charges | 640/8 | €1,925 | €892 | -€1,033 | -53.7% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €22,771 | €24,098 | +€1,327 | +5.8% |
| Operating profit (loss) | 9901 | €13,580 | €15,944 | +€2,364 | +17.4% |
| Financial income | 75/76B | €321 | €599 | +€278 | +86.7% |
| Recurring financial income | 75 | €321 | €599 | +€278 | +86.7% |
| Financial charges | 65/66B | €2,161 | €1,440 | -€721 | -33.4% |
| Recurring financial charges | 65 | €2,161 | €1,440 | -€721 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | €11,740 | €15,103 | +€3,363 | +28.6% |
| Income taxes | 67/77 | €755 | €2,283 | +€1,528 | +202.4% |
| Profit (loss) for the period | 9904 | €10,985 | €12,820 | +€1,835 | +16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,985 | €12,820 | +€1,835 | +16.7% |
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 11 October 2026 via checked.be.