VANVANCO Engineering en Management: 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.
VANVANCO Engineering en Management
Largest movements
- Receivables within one year +€6,836
up €6,836 (+33.7%), from €20,277 to €27,113
of which Other amounts receivable: +€4,003
- Tangible fixed assets -€2,717
down €2,717 (-13.5%), from €20,171 to €17,454
of which Furniture and vehicles: -€2,369
- Cash +€692
up €692 (+81.8%), from €845 to €1,537
mainly Net result for the year (+€6,059) and Depreciation (+€2,717)
- Profit (loss) carried forward +€6,059
up €6,059 (+5.5%), from -€109,814 to -€103,754
- Trade debts -€2,125
no longer reported in 2026 (was €2,125)
- Tax, wage and social debts +€869
up €869 (+150%), from €579 to €1,448
- Gross operating margin +€7,903
up €7,903 (+165%), from €4,786 to €12,689
- Other operating charges -€633
down €633 (-16.8%), from €3,759 to €3,126
- Depreciation -€215
down €215 (-7.3%), from €2,933 to €2,717
- Taxes +€177
up €177 (+37.2%), from €477 to €654
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,293 | €46,103 | +€4,810 | +11.6% |
| Fixed assets | 21/28 | €20,171 | €17,454 | -€2,717 | -13.5% |
| Tangible fixed assets | 22/27 | €20,171 | €17,454 | -€2,717 | -13.5% |
| Land and buildings | 22 | €17,802 | €17,454 | -€348 | -2.0% |
| Furniture and vehicles | 24 | €2,369 | - | -€2,369 | |
| Current assets | 29/58 | €21,122 | €28,649 | +€7,527 | +35.6% |
| Amounts receivable within one year | 40/41 | €20,277 | €27,113 | +€6,836 | +33.7% |
| Trade receivables | 40 | €20,277 | €23,109 | +€2,832 | +14.0% |
| Other amounts receivable | 41 | - | €4,003 | +€4,003 | |
| Cash at bank and in hand | 54/58 | €845 | €1,537 | +€692 | +81.8% |
| Total equity and liabilities | 10/49 | €41,293 | €46,103 | +€4,810 | +11.6% |
| Equity | 10/15 | €20,775 | €26,834 | +€6,059 | +29.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €111,989 | €111,989 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €110,129 | €110,129 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€109,814 | -€103,754 | +€6,059 | +5.5% |
| Amounts payable | 17/49 | €20,518 | €19,269 | -€1,249 | -6.1% |
| Amounts payable after more than one year | 17 | €17,814 | €17,821 | +€6 | 0.0% |
| Other amounts payable | 178/9 | €17,814 | €17,821 | +€6 | 0.0% |
| Amounts payable within one year | 42/48 | €2,704 | €1,448 | -€1,256 | -46.4% |
| Trade debts | 44 | €2,125 | - | -€2,125 | |
| Suppliers | 440/4 | €2,125 | - | -€2,125 | |
| Taxes, remuneration and social security | 45 | €579 | €1,448 | +€869 | +150% |
| Taxes | 450/3 | €579 | €1,448 | +€869 | +150% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,933 | €2,717 | -€215 | -7.3% |
| Other operating charges | 640/8 | €3,759 | €3,126 | -€633 | -16.8% |
| Gross operating margin | 9900 | €4,786 | €12,689 | +€7,903 | +165% |
| Operating profit (loss) | 9901 | -€1,906 | €6,846 | +€8,751 | |
| Financial charges | 65/66B | €72 | €132 | +€61 | +85.1% |
| Recurring financial charges | 65 | €72 | €132 | +€61 | +85.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,977 | €6,714 | +€8,691 | |
| Income taxes | 67/77 | €477 | €654 | +€177 | +37.2% |
| Profit (loss) for the period | 9904 | -€2,454 | €6,059 | +€8,513 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,454 | €6,059 | +€8,513 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.