VANVIMMO: 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.
VANVIMMO
Largest movements
- Tangible fixed assets -€146,717
down €146,717 (-14.8%), from €990,000 to €843,283
- Intangible fixed assets -€28,583
down €28,583 (-32.0%), from €89,282 to €60,699
- Other debts -€150,143
down €150,143 (-31.0%), from €483,637 to €333,494
- Debts after one year -€47,348
down €47,348 (-10.7%), from €443,084 to €395,736
- Profit (loss) carried forward +€38,719
up €38,719 (+51.6%), from -€75,029 to -€36,310
- Revaluation surpluses -€22,500
down €22,500 (-20.2%), from €111,552 to €89,052
- Gross operating margin -€36,461
down €36,461 (-27.2%), from €134,124 to €97,663
- Financial charges -€8,467
down €8,467 (-47.1%), from €17,964 to €9,496
- Depreciation -€3,873
down €3,873 (-8.6%), from €44,891 to €41,019
- Other operating charges -€3,062
down €3,062 (-26.6%), from €11,492 to €8,430
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 | €1,082,666 | €906,720 | -€175,946 | -16.3% |
| Fixed assets | 21/28 | €1,079,282 | €903,982 | -€175,300 | -16.2% |
| Intangible fixed assets | 21 | €89,282 | €60,699 | -€28,583 | -32.0% |
| Tangible fixed assets | 22/27 | €990,000 | €843,283 | -€146,717 | -14.8% |
| Land and buildings | 22 | €990,000 | €843,283 | -€146,717 | -14.8% |
| Current assets | 29/58 | €3,384 | €2,738 | -€646 | -19.1% |
| Cash at bank and in hand | 54/58 | €1,741 | €1,011 | -€730 | -41.9% |
| Deferred charges and accrued income | 490/1 | €1,643 | €1,727 | +€84 | +5.1% |
| Total equity and liabilities | 10/49 | €1,082,666 | €906,720 | -€175,946 | -16.3% |
| Equity | 10/15 | €106,524 | €122,742 | +€16,219 | +15.2% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Capital | 10 | €70,000 | €70,000 | = | 0.0% |
| Issued capital | 100 | €70,000 | €70,000 | = | 0.0% |
| Revaluation surpluses | 12 | €111,552 | €89,052 | -€22,500 | -20.2% |
| Profit (loss) carried forward | 14 | -€75,029 | -€36,310 | +€38,719 | +51.6% |
| Amounts payable | 17/49 | €976,142 | €783,978 | -€192,165 | -19.7% |
| Amounts payable after more than one year | 17 | €443,084 | €395,736 | -€47,348 | -10.7% |
| Financial debts | 170/4 | €443,084 | €395,736 | -€47,348 | -10.7% |
| Amounts payable within one year | 42/48 | €533,058 | €388,242 | -€144,817 | -27.2% |
| Current portion of amounts payable after more than one year | 42 | €44,452 | €46,931 | +€2,479 | +5.6% |
| Trade debts | 44 | €4,970 | €7,817 | +€2,847 | +57.3% |
| Suppliers | 440/4 | €4,970 | €7,817 | +€2,847 | +57.3% |
| Other amounts payable | 47/48 | €483,637 | €333,494 | -€150,143 | -31.0% |
| Non-recurring operating income | 76A | €81,431 | €38,218 | -€43,212 | -53.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,891 | €41,019 | -€3,873 | -8.6% |
| Other operating charges | 640/8 | €11,492 | €8,430 | -€3,062 | -26.6% |
| Gross operating margin | 9900 | €134,124 | €97,663 | -€36,461 | -27.2% |
| Operating profit (loss) | 9901 | €77,741 | €48,215 | -€29,526 | -38.0% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €17,964 | €9,496 | -€8,467 | -47.1% |
| Recurring financial charges | 65 | €17,964 | €9,496 | -€8,467 | -47.1% |
| Profit (loss) for the period before taxes | 9903 | €59,777 | €38,719 | -€21,059 | -35.2% |
| Profit (loss) for the period | 9904 | €59,777 | €38,719 | -€21,059 | -35.2% |
| Profit (loss) for the period to be appropriated | 9905 | €59,777 | €38,719 | -€21,059 | -35.2% |
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 7 October 2026 via checked.be.