VANVLEMEN: 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.
VANVLEMEN
Largest movements
- Stocks and contracts -€38,093
down €38,093 (-63.7%), from €59,825 to €21,732
- Cash +€7,280
new in 2024: €7,280
mainly Stocks and contracts (+€38,093) and Other debts (+€6,520)
- Tangible fixed assets +€5,920
new in 2024: €5,920
- Receivables within one year +€1,035
new in 2024: €1,035
of which Other amounts receivable: +€872
- Profit (loss) carried forward -€36,980
down €36,980 (-38.2%), from -€96,734 to -€133,714
- Other debts +€6,520
up €6,520 (+5.1%), from €128,715 to €135,235
- Current portion of long-term debt +€6,006
new in 2024: €6,006
- Gross operating margin -€38,125
down €38,125, from €29,872 to -€8,253
- Write-downs +€31,656
up €31,656, from -€5,685 to €25,971
- Financial charges -€3,493
down €3,493 (-79.7%), from €4,382 to €889
- Depreciation +€1,324
new in 2024: €1,324
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €59,825 | €35,967 | -€23,858 | -39.9% |
| Fixed assets | 21/28 | - | €5,920 | +€5,920 | |
| Tangible fixed assets | 22/27 | - | €5,920 | +€5,920 | |
| Plant, machinery and equipment | 23 | - | €5,920 | +€5,920 | |
| Current assets | 29/58 | €59,825 | €30,047 | -€29,778 | -49.8% |
| Stocks and contracts in progress | 3 | €59,825 | €21,732 | -€38,093 | -63.7% |
| Stocks | 30/36 | €59,825 | €21,732 | -€38,093 | -63.7% |
| Amounts receivable within one year | 40/41 | - | €1,035 | +€1,035 | |
| Trade receivables | 40 | - | €163 | +€163 | |
| Other amounts receivable | 41 | - | €872 | +€872 | |
| Cash at bank and in hand | 54/58 | - | €7,280 | +€7,280 | |
| Total equity and liabilities | 10/49 | €59,825 | €35,967 | -€23,858 | -39.9% |
| Equity | 10/15 | -€68,890 | -€105,870 | -€36,980 | -53.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Share premium | 1100/10 | €20,000 | - | -€20,000 | |
| Other | 1109/19 | - | €20,000 | +€20,000 | |
| Reserves | 13 | €7,843 | €7,843 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €5,843 | €5,843 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€96,734 | -€133,714 | -€36,980 | -38.2% |
| Amounts payable | 17/49 | €128,715 | €141,837 | +€13,122 | +10.2% |
| Amounts payable within one year | 42/48 | €128,715 | €141,837 | +€13,122 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | - | €6,006 | +€6,006 | |
| Trade debts | 44 | - | €596 | +€596 | |
| Suppliers | 440/4 | - | €596 | +€596 | |
| Other amounts payable | 47/48 | €128,715 | €135,235 | +€6,520 | +5.1% |
| Non-recurring operating income | 76A | €4,458 | - | -€4,458 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,324 | +€1,324 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€5,685 | €25,971 | +€31,656 | |
| Other operating charges | 640/8 | €559 | €543 | -€15 | -2.7% |
| Gross operating margin | 9900 | €29,872 | -€8,253 | -€38,125 | |
| Operating profit (loss) | 9901 | €34,999 | -€36,091 | -€71,090 | |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €4,382 | €889 | -€3,493 | -79.7% |
| Recurring financial charges | 65 | €4,382 | €889 | -€3,493 | -79.7% |
| Profit (loss) for the period before taxes | 9903 | €30,617 | -€36,980 | -€67,597 | |
| Profit (loss) for the period | 9904 | €30,617 | -€36,980 | -€67,597 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,617 | -€36,980 | -€67,597 |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.