VANTYGHEM - DEVOLDERE: 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.
VANTYGHEM - DEVOLDERE
Largest movements
- Receivables within one year +€29,778
up €29,778 (+165%), from €18,096 to €47,874
of which Trade receivables: +€25,193
- Cash -€27,448
down €27,448 (-80.7%), from €34,033 to €6,585
mainly Investment in fixed assets (net) (-€70,539) and Debts after one year (-€44,683)
- Other debts +€70,866
up €70,866 (+26.7%), from €265,883 to €336,749
- Debts after one year -€44,683
down €44,683 (-9.0%), from €497,517 to €452,834
- Trade debts -€11,423
down €11,423 (-17.8%), from €64,078 to €52,656
- Gross operating margin -€60,539
down €60,539 (-38.5%), from €157,215 to €96,676
- Depreciation -€28,736
down €28,736 (-31.7%), from €90,598 to €61,862
- Financial charges +€7,920
up €7,920 (+28.9%), from €27,418 to €35,338
- Taxes -€6,754
down €6,754 (-72.4%), from €9,328 to €2,574
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 | €1,020,198 | €1,032,930 | +€12,732 | +1.2% |
| Fixed assets | 21/28 | €966,112 | €974,789 | +€8,677 | +0.9% |
| Tangible fixed assets | 22/27 | €966,112 | €974,789 | +€8,677 | +0.9% |
| Land and buildings | 22 | €947,450 | €946,215 | -€1,235 | -0.1% |
| Plant, machinery and equipment | 23 | €5,882 | €5,142 | -€740 | -12.6% |
| Furniture and vehicles | 24 | €12,781 | €23,432 | +€10,652 | +83.3% |
| Current assets | 29/58 | €54,086 | €58,141 | +€4,054 | +7.5% |
| Amounts receivable within one year | 40/41 | €18,096 | €47,874 | +€29,778 | +165% |
| Trade receivables | 40 | €17,425 | €42,618 | +€25,193 | +145% |
| Other amounts receivable | 41 | €671 | €5,256 | +€4,585 | +683% |
| Cash at bank and in hand | 54/58 | €34,033 | €6,585 | -€27,448 | -80.7% |
| Deferred charges and accrued income | 490/1 | €1,957 | €3,681 | +€1,724 | +88.1% |
| Total equity and liabilities | 10/49 | €1,020,198 | €1,032,930 | +€12,732 | +1.2% |
| Equity | 10/15 | €107,533 | €101,480 | -€6,053 | -5.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €88,933 | €82,880 | -€6,053 | -6.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €88,933 | €82,880 | -€6,053 | -6.8% |
| Amounts payable | 17/49 | €912,665 | €931,450 | +€18,785 | +2.1% |
| Amounts payable after more than one year | 17 | €497,517 | €452,834 | -€44,683 | -9.0% |
| Financial debts | 170/4 | €497,517 | €452,834 | -€44,683 | -9.0% |
| Amounts payable within one year | 42/48 | €394,740 | €451,075 | +€56,335 | +14.3% |
| Current portion of amounts payable after more than one year | 42 | €47,361 | €44,683 | -€2,679 | -5.7% |
| Trade debts | 44 | €64,078 | €52,656 | -€11,423 | -17.8% |
| Suppliers | 440/4 | €64,078 | €52,656 | -€11,423 | -17.8% |
| Taxes, remuneration and social security | 45 | €17,417 | €16,987 | -€430 | -2.5% |
| Taxes | 450/3 | €17,417 | €13,837 | -€3,580 | -20.6% |
| Remuneration and social security | 454/9 | €0 | €3,150 | +€3,150 | |
| Other amounts payable | 47/48 | €265,883 | €336,749 | +€70,866 | +26.7% |
| Accrued charges and deferred income | 492/3 | €20,409 | €27,541 | +€7,132 | +34.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,598 | €61,862 | -€28,736 | -31.7% |
| Other operating charges | 640/8 | €2,632 | €2,975 | +€343 | +13.0% |
| Gross operating margin | 9900 | €157,215 | €96,676 | -€60,539 | -38.5% |
| Operating profit (loss) | 9901 | €63,985 | €31,838 | -€32,147 | -50.2% |
| Financial income | 75/76B | €27 | €20 | -€7 | -25.3% |
| Recurring financial income | 75 | €27 | €20 | -€7 | -25.3% |
| Financial charges | 65/66B | €27,418 | €35,338 | +€7,920 | +28.9% |
| Recurring financial charges | 65 | €27,418 | €35,338 | +€7,920 | +28.9% |
| Profit (loss) for the period before taxes | 9903 | €36,594 | -€3,479 | -€40,074 | |
| Income taxes | 67/77 | €9,328 | €2,574 | -€6,754 | -72.4% |
| Profit (loss) for the period | 9904 | €27,266 | -€6,053 | -€33,319 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,266 | -€6,053 | -€33,319 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.