VanVer Services: 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.
VanVer Services
Largest movements
- Cash +€11,419
up €11,419 (+154.0%), from €7,413 to €18,832
mainly Depreciation (+€33,745) and Net result for the year (+€12,030)
- Tangible fixed assets -€10,556
down €10,556 (-11.4%), from €92,901 to €82,345
of which Furniture and vehicles: -€9,218
- Intangible fixed assets -€7,000
down €7,000 (-10.8%), from €64,587 to €57,587
- Debts after one year -€23,702
down €23,702 (-34.6%), from €68,522 to €44,821
- Reserves +€12,030
up €12,030 (+63.2%), from €19,048 to €31,078
- Current portion of long-term debt -€8,550
down €8,550 (-26.5%), from €32,251 to €23,702
- Trade debts +€8,283
up €8,283 (+174.0%), from €4,760 to €13,043
- Other debts +€3,543
up €3,543 (+8.1%), from €43,928 to €47,471
- Depreciation +€9,436
up €9,436 (+38.8%), from €24,308 to €33,745
- Write-downs -€5,349
no longer reported in 2025 (was €5,349)
- Gross operating margin -€4,055
down €4,055 (-6.7%), from €60,674 to €56,619
- Financial income +€693
up €693 (+1410.3%), from €49 to €742
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.
Cash bridge derived
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 | €173,864 | €165,836 | -€8,028 | -4.6% |
| Fixed assets | 21/28 | €157,489 | €139,932 | -€17,556 | -11.1% |
| Intangible fixed assets | 21 | €64,587 | €57,587 | -€7,000 | -10.8% |
| Tangible fixed assets | 22/27 | €92,901 | €82,345 | -€10,556 | -11.4% |
| Land and buildings | 22 | €5,716 | €7,061 | +€1,344 | +23.5% |
| Plant, machinery and equipment | 23 | €16,462 | €13,780 | -€2,682 | -16.3% |
| Furniture and vehicles | 24 | €70,722 | €61,504 | -€9,218 | -13.0% |
| Current assets | 29/58 | €16,375 | €25,904 | +€9,528 | +58.2% |
| Amounts receivable within one year | 40/41 | €8,162 | €7,072 | -€1,090 | -13.4% |
| Trade receivables | 40 | €7,424 | €1,901 | -€5,523 | -74.4% |
| Other amounts receivable | 41 | €738 | €5,171 | +€4,433 | +600.6% |
| Cash at bank and in hand | 54/58 | €7,413 | €18,832 | +€11,419 | +154.0% |
| Deferred charges and accrued income | 490/1 | €800 | - | -€800 | |
| Total equity and liabilities | 10/49 | €173,864 | €165,836 | -€8,028 | -4.6% |
| Equity | 10/15 | €22,048 | €34,078 | +€12,030 | +54.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €19,048 | €31,078 | +€12,030 | +63.2% |
| Distributable reserves | 133 | €19,048 | €31,078 | +€12,030 | +63.2% |
| Amounts payable | 17/49 | €151,816 | €131,758 | -€20,057 | -13.2% |
| Amounts payable after more than one year | 17 | €68,522 | €44,821 | -€23,702 | -34.6% |
| Financial debts | 170/4 | €68,522 | €44,821 | -€23,702 | -34.6% |
| Amounts payable within one year | 42/48 | €83,294 | €86,757 | +€3,464 | +4.2% |
| Current portion of amounts payable after more than one year | 42 | €32,251 | €23,702 | -€8,550 | -26.5% |
| Trade debts | 44 | €4,760 | €13,043 | +€8,283 | +174.0% |
| Suppliers | 440/4 | €4,760 | €13,043 | +€8,283 | +174.0% |
| Taxes, remuneration and social security | 45 | €2,355 | €2,542 | +€188 | +8.0% |
| Taxes | 450/3 | €359 | €384 | +€25 | +6.8% |
| Remuneration and social security | 454/9 | €1,995 | €2,158 | +€163 | +8.2% |
| Other amounts payable | 47/48 | €43,928 | €47,471 | +€3,543 | +8.1% |
| Accrued charges and deferred income | 492/3 | - | €181 | +€181 | |
| Non-recurring operating income | 76A | - | €984 | +€984 | |
| Remuneration, social security and pensions | 62 | €2,613 | €2,500 | -€113 | -4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,308 | €33,745 | +€9,436 | +38.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,349 | - | -€5,349 | |
| Other operating charges | 640/8 | €1,047 | €1,031 | -€15 | -1.5% |
| Non-recurring operating charges | 66A | €3 | €0 | -€3 | -99.7% |
| Gross operating margin | 9900 | €60,674 | €56,619 | -€4,055 | -6.7% |
| Operating profit (loss) | 9901 | €27,354 | €19,343 | -€8,011 | -29.3% |
| Financial income | 75/76B | €49 | €742 | +€693 | +1410.3% |
| Recurring financial income | 75 | €49 | €742 | +€693 | +1410.3% |
| Financial charges | 65/66B | €3,355 | €3,492 | +€138 | +4.1% |
| Recurring financial charges | 65 | €3,355 | €3,492 | +€138 | +4.1% |
| Profit (loss) for the period before taxes | 9903 | €24,048 | €16,592 | -€7,456 | -31.0% |
| Income taxes | 67/77 | €5,000 | €4,563 | -€437 | -8.7% |
| Profit (loss) for the period | 9904 | €19,048 | €12,030 | -€7,019 | -36.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,048 | €12,030 | -€7,019 | -36.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.