VANVLASSELAER: 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.
VANVLASSELAER
Largest movements
- Tangible fixed assets -€32,432
down €32,432 (-4.8%), from €673,832 to €641,400
- Other debts -€13,258
down €13,258 (-5.1%), from €257,649 to €244,391
- Profit (loss) carried forward -€9,246
down €9,246 (-7.4%), from -€124,415 to -€133,661
- Debts after one year -€7,118
down €7,118 (-25.1%), from €28,325 to €21,207
- Gross operating margin +€2,021
up €2,021 (+9.0%), from €22,477 to €24,499
- Other operating charges -€407
down €407 (-10.0%), from €4,084 to €3,677
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 | €684,899 | €651,737 | -€33,163 | -4.8% |
| Fixed assets | 21/28 | €673,869 | €641,437 | -€32,432 | -4.8% |
| Tangible fixed assets | 22/27 | €673,832 | €641,400 | -€32,432 | -4.8% |
| Land and buildings | 22 | €673,832 | €641,400 | -€32,432 | -4.8% |
| Financial fixed assets | 28 | €37 | €37 | = | 0.0% |
| Current assets | 29/58 | €11,030 | €10,299 | -€731 | -6.6% |
| Amounts receivable within one year | 40/41 | €7,474 | €7,587 | +€113 | +1.5% |
| Trade receivables | 40 | €5,538 | €5,538 | = | 0.0% |
| Other amounts receivable | 41 | €1,936 | €2,049 | +€113 | +5.8% |
| Cash at bank and in hand | 54/58 | €3,556 | €2,713 | -€844 | -23.7% |
| Total equity and liabilities | 10/49 | €684,899 | €651,737 | -€33,163 | -4.8% |
| Equity | 10/15 | €371,275 | €359,694 | -€11,581 | -3.1% |
| Contributions | 10/11 | €198,800 | €198,800 | = | 0.0% |
| Reserves | 13 | €296,890 | €294,555 | -€2,335 | -0.8% |
| Tax-exempt reserves | 132 | €51,370 | €49,035 | -€2,335 | -4.5% |
| Distributable reserves | 133 | €245,520 | €245,520 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€124,415 | -€133,661 | -€9,246 | -7.4% |
| Provisions and deferred taxes | 16 | €17,123 | €16,345 | -€778 | -4.5% |
| Deferred taxes | 168 | €17,123 | €16,345 | -€778 | -4.5% |
| Amounts payable | 17/49 | €296,501 | €275,698 | -€20,803 | -7.0% |
| Amounts payable after more than one year | 17 | €28,325 | €21,207 | -€7,118 | -25.1% |
| Financial debts | 170/4 | €28,325 | €21,207 | -€7,118 | -25.1% |
| Amounts payable within one year | 42/48 | €268,176 | €254,491 | -€13,685 | -5.1% |
| Current portion of amounts payable after more than one year | 42 | €7,041 | €7,118 | +€77 | +1.1% |
| Trade debts | 44 | €2,890 | €2,468 | -€422 | -14.6% |
| Suppliers | 440/4 | €2,890 | €2,468 | -€422 | -14.6% |
| Taxes, remuneration and social security | 45 | €595 | €513 | -€82 | -13.7% |
| Taxes | 450/3 | €595 | €513 | -€82 | -13.7% |
| Other amounts payable | 47/48 | €257,649 | €244,391 | -€13,258 | -5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,432 | €32,432 | +€0 | 0.0% |
| Other operating charges | 640/8 | €4,084 | €3,677 | -€407 | -10.0% |
| Gross operating margin | 9900 | €22,477 | €24,499 | +€2,021 | +9.0% |
| Operating profit (loss) | 9901 | -€14,039 | -€11,610 | +€2,428 | +17.3% |
| Financial charges | 65/66B | €667 | €593 | -€74 | -11.0% |
| Recurring financial charges | 65 | €667 | €593 | -€74 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | -€14,706 | -€12,204 | +€2,502 | +17.0% |
| Transfer from deferred taxes | 780 | €778 | €778 | = | 0.0% |
| Income taxes | 67/77 | €357 | €156 | -€201 | -56.4% |
| Profit (loss) for the period | 9904 | -€14,284 | -€11,581 | +€2,703 | +18.9% |
| Transfer from tax-exempt reserves | 789 | €2,335 | €2,335 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,949 | -€9,246 | +€2,703 | +22.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.