VANYTEX: 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.
VANYTEX
Largest movements
- Current investments +€1.0m
up €1.0m (+24.3%), from €4.3m to €5.3m
- Receivables within one year +€528,411
up €528,411 (+666%), from €79,309 to €607,720
of which Trade receivables: +€445,284
- Cash +€303,130
up €303,130 (+9.4%), from €3.2m to €3.5m
mainly Net result for the year (+€1.4m) and Trade debts (+€337,484)
- Reserves +€1.4m
up €1.4m (+22.8%), from €6.3m to €7.8m
of which Distributable reserves: +€1.4m
- Trade debts +€337,484
up €337,484 (+69.4%), from €486,071 to €823,555
- Gross operating margin +€931,839
up €931,839 (+90.1%), from €1.0m to €2.0m
- Taxes +€251,970
up €251,970 (+60.5%), from €416,554 to €668,524
- Financial income -€142,380
down €142,380 (-44.3%), from €321,533 to €179,154
of which Financial income: -€167,380
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 | €7,594,602 | €9,469,667 | +€1.9m | +24.7% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €0 | €0 | = | |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €7,594,602 | €9,469,667 | +€1.9m | +24.7% |
| Stocks and contracts in progress | 3 | €1,000 | €1,000 | = | 0.0% |
| Stocks | 30/36 | €1,000 | €1,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €79,309 | €607,720 | +€528,411 | +666% |
| Trade receivables | 40 | €35,765 | €481,050 | +€445,284 | +1,245% |
| Other amounts receivable | 41 | €43,543 | €126,670 | +€83,127 | +191% |
| Current investments | 50/53 | €4,302,532 | €5,346,152 | +€1.0m | +24.3% |
| Cash at bank and in hand | 54/58 | €3,211,664 | €3,514,794 | +€303,130 | +9.4% |
| Deferred charges and accrued income | 490/1 | €97 | - | -€97 | |
| Total equity and liabilities | 10/49 | €7,594,602 | €9,469,667 | +€1.9m | +24.7% |
| Equity | 10/15 | €6,712,989 | €8,159,826 | +€1.4m | +21.6% |
| Contributions | 10/11 | €368,900 | €368,900 | = | 0.0% |
| Capital | 10 | €368,900 | €368,900 | = | 0.0% |
| Issued capital | 100 | €368,900 | €368,900 | = | 0.0% |
| Reserves | 13 | €6,344,089 | €7,790,926 | +€1.4m | +22.8% |
| Non-distributable reserves | 130/1 | €36,890 | €36,890 | = | 0.0% |
| Legal reserve | 130 | €36,890 | €36,890 | = | 0.0% |
| Distributable reserves | 133 | €6,307,199 | €7,754,036 | +€1.4m | +22.9% |
| Amounts payable | 17/49 | €881,613 | €1,309,841 | +€428,227 | +48.6% |
| Amounts payable within one year | 42/48 | €881,613 | €1,309,841 | +€428,227 | +48.6% |
| Trade debts | 44 | €486,071 | €823,555 | +€337,484 | +69.4% |
| Suppliers | 440/4 | €486,071 | €823,555 | +€337,484 | +69.4% |
| Taxes, remuneration and social security | 45 | €15,452 | €17,262 | +€1,810 | +11.7% |
| Taxes | 450/3 | €15,452 | €17,262 | +€1,810 | +11.7% |
| Other amounts payable | 47/48 | €380,090 | €469,023 | +€88,933 | +23.4% |
| Non-recurring operating income | 76A | €983 | - | -€983 | |
| Other operating charges | 640/8 | €331 | €533 | +€202 | +61.0% |
| Non-recurring operating charges | 66A | €4,676 | - | -€4,676 | |
| Gross operating margin | 9900 | €1,034,662 | €1,966,501 | +€931,839 | +90.1% |
| Operating profit (loss) | 9901 | €1,029,654 | €1,965,968 | +€936,313 | +90.9% |
| Financial income | 75/76B | €321,533 | €179,154 | -€142,380 | -44.3% |
| Recurring financial income | 75 | €321,533 | €154,154 | -€167,380 | -52.1% |
| Non-recurring financial income | 76B | - | €25,000 | +€25,000 | |
| Financial charges | 65/66B | €27,732 | €29,760 | +€2,028 | +7.3% |
| Recurring financial charges | 65 | €27,732 | €29,760 | +€2,028 | +7.3% |
| Profit (loss) for the period before taxes | 9903 | €1,323,456 | €2,115,361 | +€791,906 | +59.8% |
| Income taxes | 67/77 | €416,554 | €668,524 | +€251,970 | +60.5% |
| Profit (loss) for the period | 9904 | €906,902 | €1,446,837 | +€539,936 | +59.5% |
| Profit (loss) for the period to be appropriated | 9905 | €906,902 | €1,446,837 | +€539,936 | +59.5% |
Source: filed annual accounts (NBB), financial years ended 30 December 2024 and 30 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.