VANYDOR: 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.
VANYDOR
Largest movements
- Current assets -€74,602
down €74,602 (-39.9%), from €186,913 to €112,311
of which Receivables within one year: -€67,054
- Debts -€72,422
down €72,422 (-42.3%), from €171,295 to €98,872
of which Debts within one year: -€70,822
- Gross operating margin +€18,474
up €18,474 (+35.6%), from €51,894 to €70,368
- Financial income +€11,260
new in 2020: €11,260
- Taxes +€5,909
up €5,909 (+45.8%), from €12,900 to €18,809
- Other operating charges +€4,348
new in 2020: €4,348
- Financial charges +€2,409
new in 2020: €2,409
From the 2019 result to the 2020 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €187,340 | €113,358 | -€73,982 | -39.5% |
| Fixed assets | 21/28 | €427 | €1,047 | +€620 | +145% |
| Tangible fixed assets | 22/27 | €427 | €1,047 | +€620 | +145% |
| Furniture and vehicles | 24 | - | €1,047 | +€1,047 | |
| Current assets | 29/58 | €186,913 | €112,311 | -€74,602 | -39.9% |
| Amounts receivable within one year | 40/41 | €172,708 | €105,653 | -€67,054 | -38.8% |
| Trade receivables | 40 | - | €31,118 | +€31,118 | |
| Other amounts receivable | 41 | - | €74,536 | +€74,536 | |
| Cash at bank and in hand | 54/58 | €12,820 | €5,310 | -€7,510 | -58.6% |
| Deferred charges and accrued income | 490/1 | - | €1,347 | +€1,347 | |
| Total equity and liabilities | 10/49 | €187,340 | €113,358 | -€73,982 | -39.5% |
| Equity | 10/15 | €16,045 | €14,486 | -€1,560 | -9.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,045 | €13,486 | -€1,560 | -10.4% |
| Amounts payable | 17/49 | €171,295 | €98,872 | -€72,422 | -42.3% |
| Amounts payable within one year | 42/48 | €169,695 | €98,872 | -€70,822 | -41.7% |
| Financial debts | 43 | - | €0 | = | |
| Credit institutions | 430/8 | - | €0 | = | |
| Trade debts | 44 | €11,870 | €30,524 | +€18,654 | +157% |
| Suppliers | 440/4 | - | €30,524 | +€30,524 | |
| Taxes, remuneration and social security | 45 | - | €51,206 | +€51,206 | |
| Taxes | 450/3 | - | €51,206 | +€51,206 | |
| Other amounts payable | 47/48 | - | €17,143 | +€17,143 | |
| Accrued charges and deferred income | 492/3 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €823 | €479 | -€345 | -41.9% |
| Other operating charges | 640/8 | - | €4,348 | +€4,348 | |
| Gross operating margin | 9900 | €51,894 | €70,368 | +€18,474 | +35.6% |
| Operating profit (loss) | 9901 | €49,018 | €65,541 | +€16,523 | +33.7% |
| Financial income | 75/76B | - | €11,260 | +€11,260 | |
| Recurring financial income | 75 | €12,366 | €11,260 | -€1,107 | -8.9% |
| Financial charges | 65/66B | - | €2,409 | +€2,409 | |
| Recurring financial charges | 65 | €3,581 | €2,409 | -€1,173 | -32.7% |
| Profit (loss) for the period before taxes | 9903 | €57,803 | €74,392 | +€16,589 | +28.7% |
| Income taxes | 67/77 | €12,900 | €18,809 | +€5,909 | +45.8% |
| Profit (loss) for the period | 9904 | €44,904 | €55,583 | +€10,680 | +23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €44,904 | €55,583 | +€10,680 | +23.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.