VANVID: 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.
VANVID
Largest movements
- Receivables within one year +€88,873
up €88,873 (+364.2%), from €24,402 to €113,275
- Trade debts +€35,674
up €35,674 (+159.4%), from €22,384 to €58,058
- Profit (loss) carried forward +€24,217
up €24,217 (+26.1%), from €92,938 to €117,155
- Tax, wage and social debts +€23,881
up €23,881 (+92.2%), from €25,893 to €49,774
of which Taxes: +€23,881
- Other debts +€11,795
up €11,795 (+40.6%), from €29,027 to €40,822
- Debts after one year -€5,587
down €5,587 (-5.8%), from €95,570 to €89,983
- Gross operating margin +€14,685
up €14,685 (+17.6%), from €83,227 to €97,911
- Taxes +€3,016
up €3,016 (+21.4%), from €14,108 to €17,124
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 | €278,694 | €369,740 | +€91,046 | +32.7% |
| Fixed assets | 21/28 | €165,064 | €163,884 | -€1,180 | -0.7% |
| Tangible fixed assets | 22/27 | €165,064 | €163,884 | -€1,180 | -0.7% |
| Land and buildings | 22 | €160,579 | €155,082 | -€5,497 | -3.4% |
| Plant, machinery and equipment | 23 | €3,339 | €4,489 | +€1,151 | +34.5% |
| Furniture and vehicles | 24 | €1,146 | €4,312 | +€3,166 | +276.2% |
| Current assets | 29/58 | €113,630 | €205,856 | +€92,226 | +81.2% |
| Amounts receivable within one year | 40/41 | €24,402 | €113,275 | +€88,873 | +364.2% |
| Trade receivables | 40 | €24,402 | €113,275 | +€88,873 | +364.2% |
| Cash at bank and in hand | 54/58 | €88,981 | €92,134 | +€3,154 | +3.5% |
| Deferred charges and accrued income | 490/1 | €247 | €447 | +€199 | +80.4% |
| Total equity and liabilities | 10/49 | €278,694 | €369,740 | +€91,046 | +32.7% |
| Equity | 10/15 | €100,438 | €124,655 | +€24,217 | +24.1% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €92,938 | €117,155 | +€24,217 | +26.1% |
| Amounts payable | 17/49 | €178,256 | €245,085 | +€66,828 | +37.5% |
| Amounts payable after more than one year | 17 | €95,570 | €89,983 | -€5,587 | -5.8% |
| Financial debts | 170/4 | €95,570 | €89,983 | -€5,587 | -5.8% |
| Amounts payable within one year | 42/48 | €82,686 | €154,241 | +€71,556 | +86.5% |
| Current portion of amounts payable after more than one year | 42 | €5,382 | €5,587 | +€205 | +3.8% |
| Trade debts | 44 | €22,384 | €58,058 | +€35,674 | +159.4% |
| Suppliers | 440/4 | €22,384 | €58,058 | +€35,674 | +159.4% |
| Taxes, remuneration and social security | 45 | €25,893 | €49,774 | +€23,881 | +92.2% |
| Taxes | 450/3 | €23,693 | €47,574 | +€23,881 | +100.8% |
| Remuneration and social security | 454/9 | €2,200 | €2,200 | = | 0.0% |
| Other amounts payable | 47/48 | €29,027 | €40,822 | +€11,795 | +40.6% |
| Accrued charges and deferred income | 492/3 | - | €860 | +€860 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,945 | €8,508 | -€437 | -4.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €792 | +€792 | |
| Other operating charges | 640/8 | €2,266 | €1,945 | -€321 | -14.2% |
| Gross operating margin | 9900 | €83,227 | €97,911 | +€14,685 | +17.6% |
| Operating profit (loss) | 9901 | €72,016 | €86,666 | +€14,650 | +20.3% |
| Financial income | 75/76B | €0 | €63 | +€63 | |
| Recurring financial income | 75 | €0 | €63 | +€63 | |
| Financial charges | 65/66B | €5,051 | €5,388 | +€337 | +6.7% |
| Recurring financial charges | 65 | €5,051 | €5,388 | +€337 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €66,965 | €81,341 | +€14,376 | +21.5% |
| Income taxes | 67/77 | €14,108 | €17,124 | +€3,016 | +21.4% |
| Profit (loss) for the period | 9904 | €52,857 | €64,217 | +€11,360 | +21.5% |
| Profit (loss) for the period to be appropriated | 9905 | €52,857 | €64,217 | +€11,360 | +21.5% |
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 28 September 2026 via checked.be.