VANTU: 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.
VANTU
Largest movements
- Cash -€54,146
down €54,146 (-59.9%), from €90,394 to €36,248
mainly Investment in fixed assets (net) (-€82,960) and Other debts (-€48,986)
- Tangible fixed assets +€39,951
up €39,951 (+11.9%), from €334,321 to €374,272
of which Land and buildings: +€39,698
- Other debts -€48,986
down €48,986 (-71.0%), from €69,018 to €20,032
- Reserves +€43,598
up €43,598 (+18.6%), from €234,001 to €277,599
of which Distributable reserves: +€43,598
- Tax, wage and social debts -€8,786
down €8,786 (-79.1%), from €11,107 to €2,320
- Gross operating margin -€9,239
down €9,239 (-6.4%), from €144,423 to €135,184
- Taxes -€2,510
down €2,510 (-10.1%), from €24,831 to €22,320
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €426,562 | €413,319 | -€13,243 | -3.1% |
| Fixed assets | 21/28 | €334,321 | €374,272 | +€39,951 | +11.9% |
| Tangible fixed assets | 22/27 | €334,321 | €374,272 | +€39,951 | +11.9% |
| Land and buildings | 22 | €315,385 | €355,083 | +€39,698 | +12.6% |
| Plant, machinery and equipment | 23 | €4,449 | €6,667 | +€2,218 | +49.9% |
| Other tangible fixed assets | 26 | €14,487 | €12,522 | -€1,965 | -13.6% |
| Current assets | 29/58 | €92,242 | €39,047 | -€53,194 | -57.7% |
| Amounts receivable within one year | 40/41 | €371 | €0 | -€371 | -100.0% |
| Trade receivables | 40 | €371 | €0 | -€371 | -100.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €90,394 | €36,248 | -€54,146 | -59.9% |
| Deferred charges and accrued income | 490/1 | €1,477 | €2,800 | +€1,323 | +89.6% |
| Total equity and liabilities | 10/49 | €426,562 | €413,319 | -€13,243 | -3.1% |
| Equity | 10/15 | €345,553 | €389,151 | +€43,598 | +12.6% |
| Contributions | 10/11 | €111,552 | €111,552 | = | 0.0% |
| Capital | 10 | €111,552 | €111,552 | = | 0.0% |
| Issued capital | 100 | €111,552 | €111,552 | = | 0.0% |
| Reserves | 13 | €234,001 | €277,599 | +€43,598 | +18.6% |
| Non-distributable reserves | 130/1 | €11,155 | €11,155 | = | 0.0% |
| Legal reserve | 130 | €11,155 | €11,155 | = | 0.0% |
| Distributable reserves | 133 | €222,846 | €266,444 | +€43,598 | +19.6% |
| Amounts payable | 17/49 | €81,009 | €24,168 | -€56,841 | -70.2% |
| Amounts payable within one year | 42/48 | €80,179 | €24,168 | -€56,011 | -69.9% |
| Trade debts | 44 | €54 | €1,816 | +€1,762 | +3262.7% |
| Suppliers | 440/4 | €54 | €1,816 | +€1,762 | +3262.7% |
| Taxes, remuneration and social security | 45 | €11,107 | €2,320 | -€8,786 | -79.1% |
| Taxes | 450/3 | €11,107 | €2,320 | -€8,786 | -79.1% |
| Other amounts payable | 47/48 | €69,018 | €20,032 | -€48,986 | -71.0% |
| Accrued charges and deferred income | 492/3 | €830 | €0 | -€830 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,745 | €43,009 | +€264 | +0.6% |
| Other operating charges | 640/8 | €21,995 | €22,029 | +€34 | +0.2% |
| Gross operating margin | 9900 | €144,423 | €135,184 | -€9,239 | -6.4% |
| Operating profit (loss) | 9901 | €79,683 | €70,146 | -€9,537 | -12.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €4,363 | €4,228 | -€136 | -3.1% |
| Recurring financial charges | 65 | €4,363 | €4,228 | -€136 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €75,320 | €65,918 | -€9,401 | -12.5% |
| Income taxes | 67/77 | €24,831 | €22,320 | -€2,510 | -10.1% |
| Profit (loss) for the period | 9904 | €50,489 | €43,598 | -€6,891 | -13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €50,489 | €43,598 | -€6,891 | -13.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.