Vantro East: what changed
What changed
Vantro East
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
-€527,640
2024 · -€250,074-€277,566
Equity
-€377,949
2024 · -€1.5m+€1.1m
Cash
€669,684
2024 · €443,963+€225,721
Balance sheet total
€3.0m
2024 · €4.5m-€1.5m
Largest movements
Assets
- Receivables within one year -€909,960
down €909,960 (-73.0%), from €1.2m to €335,997
of which Trade receivables: -€864,944
- Stocks and contracts -€725,849
down €725,849 (-34.6%), from €2.1m to €1.4m
- Cash +€225,721
up €225,721 (+50.8%), from €443,963 to €669,684
mainly Contributions, distributions and other (+€1.6m) and Receivables within one year (+€909,960)
- Tangible fixed assets -€137,270
down €137,270 (-22.6%), from €607,339 to €470,069
of which Furniture and vehicles: -€162,341
- Deferred charges and accrued income +€98,416
up €98,416 (+665%), from €14,807 to €113,223
Equity and liabilities
- Debts after one year -€1.7m
down €1.7m (-94.5%), from €1.8m to €96,573
- Contributions +€1.6m
up €1.6m (+14,926%), from €10,719 to €1.6m
- Profit (loss) carried forward -€527,640
down €527,640 (-34.5%), from -€1.5m to -€2.1m
- Trade debts -€438,285
down €438,285 (-57.0%), from €768,295 to €330,010
- Other debts -€375,000
down €375,000 (-100%), from €375,000 to €0
Income statement
- Gross operating margin -€937,636
down €937,636 (-49.1%), from €1.9m to €972,817
- Staff costs -€573,638
down €573,638 (-34.5%), from €1.7m to €1.1m
- Write-downs +€72,646
up €72,646, from -€72,646 to €0
- Other operating charges +€28,304
up €28,304 (+1,477%), from €1,916 to €30,219
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€250,074
Gross operating margin
-€937,636
Staff costs
+€573,638
Depreciation
-€12,820
Write-downs
-€72,646
Provisions
-€14,121
Other operating charges
-€28,304
Other operating items
+€200,268
Financial income
+€771
Financial charges
+€14,473
Taxes
-€1,190
Result 2025
-€527,640
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€212,993
Investment
+€74,195
Financing
-€61,467
Cash 2024
€443,963
From operations (derived)
+€212,993
Net result for the year
-€527,640
Depreciation
+€98,033
Stocks and contracts
+€725,849
Receivables within one year
+€909,960
Deferred charges and accrued income
-€98,416
Trade debts
-€438,285
Tax, wage and social debts
-€64,153
Advances received
-€3,000
Other debts
-€375,000
Accrued charges and deferred income
-€14,354
Investment (derived)
+€74,195
Investment in fixed assets (net)
+€74,195
Financing
-€61,467
Debts after one year
-€1.7m
Current portion of long-term debt
+€2,947
Contributions, distributions and other
+€1.6m
Cash 2025
€669,684
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,473,635 | €2,989,735 | -€1.5m | -33.2% |
| Fixed assets | 21/28 | €674,040 | €501,811 | -€172,228 | -25.6% |
| Intangible fixed assets | 21 | €59,534 | €28,031 | -€31,503 | -52.9% |
| Tangible fixed assets | 22/27 | €607,339 | €470,069 | -€137,270 | -22.6% |
| Plant, machinery and equipment | 23 | €17,884 | €63,983 | +€46,098 | +258% |
| Furniture and vehicles | 24 | €270,318 | €107,977 | -€162,341 | -60.1% |
| Other tangible fixed assets | 26 | €319,137 | €298,110 | -€21,027 | -6.6% |
| Financial fixed assets | 28 | €7,167 | €3,711 | -€3,456 | -48.2% |
| Current assets | 29/58 | €3,799,595 | €2,487,924 | -€1.3m | -34.5% |
| Stocks and contracts in progress | 3 | €2,094,868 | €1,369,020 | -€725,849 | -34.6% |
| Stocks | 30/36 | €2,094,868 | €1,369,020 | -€725,849 | -34.6% |
| Amounts receivable within one year | 40/41 | €1,245,957 | €335,997 | -€909,960 | -73.0% |
| Trade receivables | 40 | €1,200,941 | €335,997 | -€864,944 | -72.0% |
| Other amounts receivable | 41 | €45,016 | €0 | -€45,016 | -100% |
| Cash at bank and in hand | 54/58 | €443,963 | €669,684 | +€225,721 | +50.8% |
| Deferred charges and accrued income | 490/1 | €14,807 | €113,223 | +€98,416 | +665% |
| Total equity and liabilities | 10/49 | €4,473,635 | €2,989,735 | -€1.5m | -33.2% |
| Equity | 10/15 | -€1,450,309 | -€377,949 | +€1.1m | +73.9% |
| Contributions | 10/11 | €10,719 | €1,610,719 | +€1.6m | +14,926% |
| Reserves | 13 | €69,508 | €69,508 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,072 | €1,072 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,072 | €1,072 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,806 | €10,806 | = | 0.0% |
| Distributable reserves | 133 | €57,630 | €57,630 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,530,536 | -€2,058,176 | -€527,640 | -34.5% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €5,923,944 | €3,367,684 | -€2.6m | -43.2% |
| Amounts payable after more than one year | 17 | €1,760,988 | €96,573 | -€1.7m | -94.5% |
| Financial debts | 170/4 | €1,760,988 | €96,573 | -€1.7m | -94.5% |
| Amounts payable within one year | 42/48 | €4,140,803 | €3,263,312 | -€877,491 | -21.2% |
| Current portion of amounts payable after more than one year | 42 | €61,467 | €64,414 | +€2,947 | +4.8% |
| Financial debts | 43 | €2,750,000 | €2,750,000 | = | 0.0% |
| Credit institutions | 430/8 | €2,750,000 | €2,750,000 | = | 0.0% |
| Trade debts | 44 | €768,295 | €330,010 | -€438,285 | -57.0% |
| Suppliers | 440/4 | €768,295 | €330,010 | -€438,285 | -57.0% |
| Advances received on contracts in progress | 46 | €3,000 | €0 | -€3,000 | -100% |
| Taxes, remuneration and social security | 45 | €183,041 | €118,887 | -€64,153 | -35.0% |
| Taxes | 450/3 | €53,715 | €47,284 | -€6,431 | -12.0% |
| Remuneration and social security | 454/9 | €129,326 | €71,604 | -€57,722 | -44.6% |
| Other amounts payable | 47/48 | €375,000 | €0 | -€375,000 | -100% |
| Accrued charges and deferred income | 492/3 | €22,153 | €7,799 | -€14,354 | -64.8% |
| Non-recurring operating income | 76A | €35,027 | €513 | -€34,514 | -98.5% |
| Remuneration, social security and pensions | 62 | €1,662,230 | €1,088,592 | -€573,638 | -34.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €85,213 | €98,033 | +€12,820 | +15.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€72,646 | €0 | +€72,646 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€14,121 | €0 | +€14,121 | |
| Other operating charges | 640/8 | €1,916 | €30,219 | +€28,304 | +1,477% |
| Non-recurring operating charges | 66A | €239,464 | €39,196 | -€200,268 | -83.6% |
| Gross operating margin | 9900 | €1,910,453 | €972,817 | -€937,636 | -49.1% |
| Operating profit (loss) | 9901 | €8,398 | -€283,224 | -€291,621 | |
| Financial income | 75/76B | €10,027 | €10,798 | +€771 | +7.7% |
| Recurring financial income | 75 | €10,027 | €10,798 | +€771 | +7.7% |
| Financial charges | 65/66B | €267,085 | €252,611 | -€14,473 | -5.4% |
| Recurring financial charges | 65 | €267,085 | €252,611 | -€14,473 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | -€248,660 | -€525,037 | -€276,376 | -111% |
| Income taxes | 67/77 | €1,414 | €2,603 | +€1,190 | +84.1% |
| Profit (loss) for the period | 9904 | -€250,074 | -€527,640 | -€277,566 | -111% |
| Profit (loss) for the period to be appropriated | 9905 | -€250,074 | -€527,640 | -€277,566 | -111% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.