VANZEE: what changed
VANZEE
Largest movements
- Cash +€12,378
up €12,378 (+57.7%), from €21,439 to €33,817
mainly Net result for the year (+€21,078) and Other debts (+€15,233)
- Deferred charges and accrued income +€3,307
up €3,307 (+1,868%), from €177 to €3,484
- Receivables within one year -€3,006
down €3,006 (-15.0%), from €20,098 to €17,092
of which Trade receivables: -€4,574
- Other debts +€15,233
up €15,233 (+146%), from €10,453 to €25,687
- Tax, wage and social debts -€2,230
down €2,230 (-25.4%), from €8,768 to €6,537
- Gross operating margin +€19,711
up €19,711 (+180%), from €10,957 to €30,668
- Taxes +€3,703
up €3,703 (+136%), from €2,728 to €6,432
- Financial charges +€1,575
up €1,575 (+985%), from €160 to €1,735
- Depreciation -€410
down €410 (-38.4%), from €1,067 to €657
- Other operating charges +€375
up €375 (+95.8%), from €391 to €766
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 | €42,695 | €55,210 | +€12,516 | +29.3% |
| Fixed assets | 21/28 | €981 | €817 | -€164 | -16.7% |
| Tangible fixed assets | 22/27 | €981 | €817 | -€164 | -16.7% |
| Furniture and vehicles | 24 | €981 | €817 | -€164 | -16.7% |
| Current assets | 29/58 | €41,714 | €54,393 | +€12,680 | +30.4% |
| Amounts receivable within one year | 40/41 | €20,098 | €17,092 | -€3,006 | -15.0% |
| Trade receivables | 40 | €20,098 | €15,524 | -€4,574 | -22.8% |
| Other amounts receivable | 41 | - | €1,568 | +€1,568 | |
| Cash at bank and in hand | 54/58 | €21,439 | €33,817 | +€12,378 | +57.7% |
| Deferred charges and accrued income | 490/1 | €177 | €3,484 | +€3,307 | +1,868% |
| Total equity and liabilities | 10/49 | €42,695 | €55,210 | +€12,516 | +29.3% |
| Equity | 10/15 | €18,606 | €18,614 | +€8 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6 | €14 | +€8 | +125% |
| Amounts payable | 17/49 | €24,088 | €36,596 | +€12,508 | +51.9% |
| Amounts payable within one year | 42/48 | €24,088 | €36,596 | +€12,508 | +51.9% |
| Trade debts | 44 | €4,867 | €4,372 | -€495 | -10.2% |
| Suppliers | 440/4 | €4,867 | €4,372 | -€495 | -10.2% |
| Taxes, remuneration and social security | 45 | €8,768 | €6,537 | -€2,230 | -25.4% |
| Taxes | 450/3 | €8,768 | €6,537 | -€2,230 | -25.4% |
| Other amounts payable | 47/48 | €10,453 | €25,687 | +€15,233 | +146% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,067 | €657 | -€410 | -38.4% |
| Other operating charges | 640/8 | €391 | €766 | +€375 | +95.8% |
| Gross operating margin | 9900 | €10,957 | €30,668 | +€19,711 | +180% |
| Operating profit (loss) | 9901 | €9,499 | €29,244 | +€19,746 | +208% |
| Financial income | 75/76B | €31 | €0 | -€31 | -100% |
| Recurring financial income | 75 | €31 | €0 | -€31 | -100% |
| Financial charges | 65/66B | €160 | €1,735 | +€1,575 | +985% |
| Recurring financial charges | 65 | €160 | €1,735 | +€1,575 | +985% |
| Profit (loss) for the period before taxes | 9903 | €9,369 | €27,510 | +€18,140 | +194% |
| Income taxes | 67/77 | €2,728 | €6,432 | +€3,703 | +136% |
| Profit (loss) for the period | 9904 | €6,641 | €21,078 | +€14,437 | +217% |
| Profit (loss) for the period to be appropriated | 9905 | €6,641 | €21,078 | +€14,437 | +217% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.