Vanys Real Estate: what changed
Vanys Real Estate
Largest movements
- Cash +€381,290
up €381,290 (+146%), from €261,993 to €643,283
mainly Trade debts (+€109,206) and Net result for the year (+€105,713)
- Receivables within one year -€78,333
down €78,333 (-80.0%), from €97,953 to €19,621
of which Trade receivables: -€67,488
- Stocks and contracts +€36,768
up €36,768 (+33.3%), from €110,400 to €147,168
of which Stocks: +€47,568
- Deferred charges and accrued income -€24,879
down €24,879 (-20.5%), from €121,076 to €96,198
- Tangible fixed assets -€18,775
down €18,775 (-4.5%), from €420,269 to €401,494
of which Land and buildings: -€16,861
- Trade debts +€109,206
up €109,206 (+55.5%), from €196,726 to €305,932
- Accrued charges and deferred income +€93,192
up €93,192 (+2,920%), from €3,192 to €96,384
- Other debts +€59,492
up €59,492 (+35.1%), from €169,495 to €228,987
- Reserves +€35,713
up €35,713 (+14.6%), from €244,663 to €280,377
- Debts after one year -€26,534
down €26,534 (-8.5%), from €312,511 to €285,978
- Gross operating margin -€8,063
down €8,063 (-4.4%), from €184,058 to €175,995
- Financial charges -€5,963
down €5,963 (-15.3%), from €38,960 to €32,996
- Staff costs +€2,488
up €2,488 (+31.5%), from €7,908 to €10,396
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,013,131 | €1,309,204 | +€296,073 | +29.2% |
| Fixed assets | 21/28 | €421,709 | €402,934 | -€18,775 | -4.5% |
| Tangible fixed assets | 22/27 | €420,269 | €401,494 | -€18,775 | -4.5% |
| Land and buildings | 22 | €417,022 | €400,161 | -€16,861 | -4.0% |
| Furniture and vehicles | 24 | €3,244 | €1,333 | -€1,911 | -58.9% |
| Other tangible fixed assets | 26 | €3 | €0 | -€3 | -100% |
| Financial fixed assets | 28 | €1,440 | €1,440 | = | 0.0% |
| Current assets | 29/58 | €591,423 | €906,270 | +€314,848 | +53.2% |
| Stocks and contracts in progress | 3 | €110,400 | €147,168 | +€36,768 | +33.3% |
| Stocks | 30/36 | - | €47,568 | +€47,568 | |
| Contracts in progress | 37 | €110,400 | €99,600 | -€10,800 | -9.8% |
| Amounts receivable within one year | 40/41 | €97,953 | €19,621 | -€78,333 | -80.0% |
| Trade receivables | 40 | €86,040 | €18,551 | -€67,488 | -78.4% |
| Other amounts receivable | 41 | €11,914 | €1,070 | -€10,844 | -91.0% |
| Cash at bank and in hand | 54/58 | €261,993 | €643,283 | +€381,290 | +146% |
| Deferred charges and accrued income | 490/1 | €121,076 | €96,198 | -€24,879 | -20.5% |
| Total equity and liabilities | 10/49 | €1,013,131 | €1,309,204 | +€296,073 | +29.2% |
| Equity | 10/15 | €264,663 | €300,377 | +€35,713 | +13.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €244,663 | €280,377 | +€35,713 | +14.6% |
| Distributable reserves | 133 | €244,663 | €280,377 | +€35,713 | +14.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €748,468 | €1,008,827 | +€260,359 | +34.8% |
| Amounts payable after more than one year | 17 | €312,511 | €285,978 | -€26,534 | -8.5% |
| Financial debts | 170/4 | €312,511 | €285,978 | -€26,534 | -8.5% |
| Amounts payable within one year | 42/48 | €432,765 | €626,466 | +€193,701 | +44.8% |
| Current portion of amounts payable after more than one year | 42 | €27,720 | €48,569 | +€20,849 | +75.2% |
| Financial debts | 43 | €3,044 | €4,040 | +€995 | +32.7% |
| Credit institutions | 430/8 | €3,044 | €4,040 | +€995 | +32.7% |
| Trade debts | 44 | €196,726 | €305,932 | +€109,206 | +55.5% |
| Suppliers | 440/4 | €196,726 | €305,932 | +€109,206 | +55.5% |
| Taxes, remuneration and social security | 45 | €35,779 | €38,938 | +€3,159 | +8.8% |
| Taxes | 450/3 | €28,292 | €35,238 | +€6,946 | +24.6% |
| Remuneration and social security | 454/9 | €7,488 | €3,701 | -€3,787 | -50.6% |
| Other amounts payable | 47/48 | €169,495 | €228,987 | +€59,492 | +35.1% |
| Accrued charges and deferred income | 492/3 | €3,192 | €96,384 | +€93,192 | +2,920% |
| Remuneration, social security and pensions | 62 | €7,908 | €10,396 | +€2,488 | +31.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,642 | €18,775 | +€1,133 | +6.4% |
| Other operating charges | 640/8 | €5,195 | €4,860 | -€335 | -6.5% |
| Gross operating margin | 9900 | €184,058 | €175,995 | -€8,063 | -4.4% |
| Operating profit (loss) | 9901 | €153,314 | €141,964 | -€11,349 | -7.4% |
| Financial income | 75/76B | €7,502 | €9,187 | +€1,684 | +22.5% |
| Recurring financial income | 75 | €7,502 | €9,187 | +€1,684 | +22.5% |
| Financial charges | 65/66B | €38,960 | €32,996 | -€5,963 | -15.3% |
| Recurring financial charges | 65 | €38,960 | €32,996 | -€5,963 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | €121,856 | €118,155 | -€3,701 | -3.0% |
| Income taxes | 67/77 | €13,259 | €12,441 | -€818 | -6.2% |
| Profit (loss) for the period | 9904 | €108,597 | €105,713 | -€2,883 | -2.7% |
| Profit (loss) for the period to be appropriated | 9905 | €108,597 | €105,713 | -€2,883 | -2.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.