VANYCO: 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.
VANYCO
Largest movements
- Cash +€33,315
up €33,315 (+687.1%), from €4,849 to €38,164
mainly Net result for the year (+€66,487) and Debts after one year (+€21,508)
- Tangible fixed assets +€33,237
up €33,237 (+24.9%), from €133,290 to €166,527
of which Furniture and vehicles: +€35,733
- Receivables within one year +€19,213
up €19,213 (+92.6%), from €20,752 to €39,966
of which Trade receivables: +€18,306
- Financial fixed assets +€10,000
up €10,000 (+3333.3%), from €300 to €10,300
- Profit (loss) carried forward +€66,487
up €66,487 (+138.2%), from €48,107 to €114,593
- Debts after one year +€21,508
up €21,508 (+41.8%), from €51,459 to €72,967
- Current portion of long-term debt +€7,540
up €7,540 (+169.4%), from €4,450 to €11,990
- Tax, wage and social debts -€5,410
down €5,410 (-73.8%), from €7,327 to €1,917
- Other debts +€3,397
up €3,397 (+8.4%), from €40,502 to €43,899
- Gross operating margin +€87,105
up €87,105 (+295.5%), from €29,482 to €116,587
- Taxes +€21,186
up €21,186 (+655.2%), from €3,234 to €24,420
- Depreciation +€7,290
up €7,290 (+69.7%), from €10,456 to €17,746
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 | €160,227 | €256,463 | +€96,237 | +60.1% |
| Fixed assets | 21/28 | €133,590 | €176,827 | +€43,237 | +32.4% |
| Tangible fixed assets | 22/27 | €133,290 | €166,527 | +€33,237 | +24.9% |
| Land and buildings | 22 | €128,435 | €126,846 | -€1,589 | -1.2% |
| Plant, machinery and equipment | 23 | €2,460 | €1,746 | -€713 | -29.0% |
| Furniture and vehicles | 24 | €1,339 | €37,071 | +€35,733 | +2669.5% |
| Other tangible fixed assets | 26 | €1,057 | €863 | -€194 | -18.3% |
| Financial fixed assets | 28 | €300 | €10,300 | +€10,000 | +3333.3% |
| Current assets | 29/58 | €26,637 | €79,636 | +€53,000 | +199.0% |
| Amounts receivable within one year | 40/41 | €20,752 | €39,966 | +€19,213 | +92.6% |
| Trade receivables | 40 | €18,853 | €37,159 | +€18,306 | +97.1% |
| Other amounts receivable | 41 | €1,899 | €2,806 | +€907 | +47.8% |
| Cash at bank and in hand | 54/58 | €4,849 | €38,164 | +€33,315 | +687.1% |
| Deferred charges and accrued income | 490/1 | €1,035 | €1,507 | +€471 | +45.5% |
| Total equity and liabilities | 10/49 | €160,227 | €256,463 | +€96,237 | +60.1% |
| Equity | 10/15 | €49,107 | €115,593 | +€66,487 | +135.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,107 | €114,593 | +€66,487 | +138.2% |
| Amounts payable | 17/49 | €111,120 | €140,870 | +€29,750 | +26.8% |
| Amounts payable after more than one year | 17 | €51,459 | €72,967 | +€21,508 | +41.8% |
| Financial debts | 170/4 | €51,459 | €72,967 | +€21,508 | +41.8% |
| Amounts payable within one year | 42/48 | €55,886 | €60,973 | +€5,087 | +9.1% |
| Current portion of amounts payable after more than one year | 42 | €4,450 | €11,990 | +€7,540 | +169.4% |
| Financial debts | 43 | €11 | €434 | +€424 | +3933.4% |
| Credit institutions | 430/8 | €11 | €0 | -€11 | -100.0% |
| Other loans | 439 | - | €434 | +€434 | |
| Trade debts | 44 | €3,596 | €2,733 | -€863 | -24.0% |
| Suppliers | 440/4 | €3,596 | €2,733 | -€863 | -24.0% |
| Taxes, remuneration and social security | 45 | €7,327 | €1,917 | -€5,410 | -73.8% |
| Taxes | 450/3 | €7,327 | €1,917 | -€5,410 | -73.8% |
| Other amounts payable | 47/48 | €40,502 | €43,899 | +€3,397 | +8.4% |
| Accrued charges and deferred income | 492/3 | €3,776 | €6,931 | +€3,155 | +83.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,456 | €17,746 | +€7,290 | +69.7% |
| Other operating charges | 640/8 | €1,637 | €2,425 | +€788 | +48.1% |
| Gross operating margin | 9900 | €29,482 | €116,587 | +€87,105 | +295.5% |
| Operating profit (loss) | 9901 | €17,389 | €96,416 | +€79,027 | +454.5% |
| Financial income | 75/76B | €1 | €20 | +€19 | +2075.8% |
| Recurring financial income | 75 | €1 | €20 | +€19 | +2075.8% |
| Financial charges | 65/66B | €5,896 | €5,529 | -€367 | -6.2% |
| Recurring financial charges | 65 | €5,896 | €5,529 | -€367 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | €11,493 | €90,907 | +€79,413 | +691.0% |
| Income taxes | 67/77 | €3,234 | €24,420 | +€21,186 | +655.2% |
| Profit (loss) for the period | 9904 | €8,260 | €66,487 | +€58,227 | +705.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,260 | €66,487 | +€58,227 | +705.0% |
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 12 October 2026 via checked.be.