Vantuyckom-Morlion: 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.
Vantuyckom-Morlion
Largest movements
- Receivables within one year -€351
down €351 (-31.0%), from €1,134 to €783
of which Trade receivables: -€403
- Cash -€123
down €123 (-24.7%), from €498 to €375
mainly Net result for the year (-€992)
- Profit (loss) carried forward -€992
down €992 (-8.1%), from -€12,211 to -€13,203
- Other debts +€518
new in 2025: €518
- Other operating charges -€1,703
down €1,703 (-47.0%), from €3,625 to €1,922
- Gross operating margin -€348
down €348 (-27.2%), from €1,278 to €930
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.
Derived cash bridge
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 | €1,907 | €1,433 | -€474 | -24.9% |
| Current assets | 29/58 | €1,907 | €1,433 | -€474 | -24.9% |
| Stocks and contracts in progress | 3 | €275 | €275 | = | 0.0% |
| Stocks | 30/36 | €275 | €275 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,134 | €783 | -€351 | -31.0% |
| Trade receivables | 40 | €678 | €275 | -€403 | -59.4% |
| Other amounts receivable | 41 | €456 | €508 | +€52 | +11.4% |
| Cash at bank and in hand | 54/58 | €498 | €375 | -€123 | -24.7% |
| Total equity and liabilities | 10/49 | €1,907 | €1,433 | -€474 | -24.9% |
| Equity | 10/15 | €1,907 | €915 | -€992 | -52.0% |
| Contributions | 10/11 | €7,499 | €7,499 | = | 0.0% |
| Reserves | 13 | €6,619 | €6,619 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,619 | €6,619 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,619 | €6,619 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,211 | -€13,203 | -€992 | -8.1% |
| Amounts payable | 17/49 | - | €518 | +€518 | |
| Amounts payable within one year | 42/48 | - | €518 | +€518 | |
| Other amounts payable | 47/48 | - | €518 | +€518 | |
| Other operating charges | 640/8 | €3,625 | €1,922 | -€1,703 | -47.0% |
| Gross operating margin | 9900 | €1,278 | €930 | -€348 | -27.2% |
| Operating profit (loss) | 9901 | -€2,347 | -€992 | +€1,355 | +57.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,347 | -€992 | +€1,355 | +57.7% |
| Profit (loss) for the period | 9904 | -€2,347 | -€992 | +€1,355 | +57.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,347 | -€992 | +€1,355 | +57.7% |
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 31 October 2026 via checked.be.