Vantyghem - Delaeter: what changed
What changed
Vantyghem - Delaeter
NACE 43.211, General electrical installation work
filed annual accounts (NBB)
Net result for the year
€15,826
2024 · €3,918+€11,908
Equity
€55,228
2024 · €39,402+€15,826
Cash
€29,907
2024 · €29,154+€753
Balance sheet total
€98,591
2024 · €76,756+€21,834
Largest movements
Assets
- Tangible fixed assets +€16,474
up €16,474 (+49.8%), from €33,101 to €49,575
of which Furniture and vehicles: +€17,532
- Receivables within one year +€4,543
up €4,543 (+103%), from €4,414 to €8,957
of which Trade receivables: +€4,490
Equity and liabilities
- Profit (loss) carried forward +€15,826
up €15,826 (+24.3%), from -€65,182 to -€49,356
- Current portion of long-term debt +€4,810
new in 2025: €4,810
- Tax, wage and social debts +€1,376
up €1,376 (+78.2%), from €1,759 to €3,135
Income statement
- Gross operating margin +€20,984
up €20,984 (+256%), from €8,188 to €29,172
- Depreciation +€8,567
up €8,567 (+335%), from €2,557 to €11,124
- Financial charges +€662
up €662 (+234%), from €283 to €945
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
€3,918
Gross operating margin
+€20,984
Depreciation
-€8,567
Other operating charges
+€15
Financial income
+€122
Financial charges
-€662
Taxes
+€17
Result 2025
€15,826
raises the resultlowers the result
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
+€24,138
Investment
-€27,598
Financing
+€4,213
Cash 2024
€29,154
From operations (derived)
+€24,138
Net result for the year
+€15,826
Depreciation
+€11,124
Receivables within one year
-€4,543
Deferred charges and accrued income
-€65
Trade debts
+€420
Tax, wage and social debts
+€1,376
Investment (derived)
-€27,598
Investment in fixed assets (net)
-€27,598
Financing
+€4,213
Debts after one year
-€597
Current portion of long-term debt
+€4,810
Cash 2025
€29,907
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €76,756 | €98,591 | +€21,834 | +28.4% |
| Fixed assets | 21/28 | €42,101 | €58,575 | +€16,474 | +39.1% |
| Tangible fixed assets | 22/27 | €33,101 | €49,575 | +€16,474 | +49.8% |
| Land and buildings | 22 | €9,536 | €8,478 | -€1,058 | -11.1% |
| Furniture and vehicles | 24 | €23,566 | €41,098 | +€17,532 | +74.4% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €34,655 | €40,016 | +€5,360 | +15.5% |
| Amounts receivable within one year | 40/41 | €4,414 | €8,957 | +€4,543 | +103% |
| Trade receivables | 40 | €4,414 | €8,904 | +€4,490 | +102% |
| Other amounts receivable | 41 | - | €53 | +€53 | |
| Cash at bank and in hand | 54/58 | €29,154 | €29,907 | +€753 | +2.6% |
| Deferred charges and accrued income | 490/1 | €1,087 | €1,152 | +€65 | +5.9% |
| Total equity and liabilities | 10/49 | €76,756 | €98,591 | +€21,834 | +28.4% |
| Equity | 10/15 | €39,402 | €55,228 | +€15,826 | +40.2% |
| Contributions | 10/11 | €68,171 | €68,171 | = | 0.0% |
| Reserves | 13 | €36,413 | €36,413 | = | 0.0% |
| Tax-exempt reserves | 132 | €29,596 | €29,596 | = | 0.0% |
| Distributable reserves | 133 | €6,817 | €6,817 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,182 | -€49,356 | +€15,826 | +24.3% |
| Amounts payable | 17/49 | €37,355 | €43,363 | +€6,008 | +16.1% |
| Amounts payable after more than one year | 17 | €35,080 | €34,483 | -€597 | -1.7% |
| Financial debts | 170/4 | €35,080 | €34,483 | -€597 | -1.7% |
| Amounts payable within one year | 42/48 | €2,275 | €8,880 | +€6,605 | +290% |
| Current portion of amounts payable after more than one year | 42 | - | €4,810 | +€4,810 | |
| Trade debts | 44 | €516 | €936 | +€420 | +81.4% |
| Suppliers | 440/4 | €516 | €936 | +€420 | +81.4% |
| Taxes, remuneration and social security | 45 | €1,759 | €3,135 | +€1,376 | +78.2% |
| Taxes | 450/3 | €1,759 | €3,135 | +€1,376 | +78.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,557 | €11,124 | +€8,567 | +335% |
| Other operating charges | 640/8 | €1,469 | €1,454 | -€15 | -1.0% |
| Gross operating margin | 9900 | €8,188 | €29,172 | +€20,984 | +256% |
| Operating profit (loss) | 9901 | €4,162 | €16,593 | +€12,431 | +299% |
| Financial income | 75/76B | €56 | €178 | +€122 | +219% |
| Recurring financial income | 75 | €56 | €178 | +€122 | +219% |
| Financial charges | 65/66B | €283 | €945 | +€662 | +234% |
| Recurring financial charges | 65 | €283 | €945 | +€662 | +234% |
| Profit (loss) for the period before taxes | 9903 | €3,935 | €15,826 | +€11,892 | +302% |
| Income taxes | 67/77 | €17 | - | -€17 | |
| Profit (loss) for the period | 9904 | €3,918 | €15,826 | +€11,908 | +304% |
| Profit (loss) for the period to be appropriated | 9905 | €3,918 | €15,826 | +€11,908 | +304% |
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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 1 November 2026 via checked.be.