VANZET ARCHITECTURE: 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.
VANZET ARCHITECTURE
Largest movements
- Tangible fixed assets -€6,698
down €6,698 (-11.7%), from €57,468 to €50,771
of which Other tangible fixed assets: -€5,326
- Cash -€6,385
down €6,385 (-49.2%), from €12,976 to €6,591
mainly Trade debts (-€16,222) and Debts after one year (-€9,256)
- Receivables within one year -€4,650
down €4,650 (-30.4%), from €15,310 to €10,660
of which Other amounts receivable: -€6,606
- Deferred charges and accrued income +€1,251
up €1,251 (+858%), from €146 to €1,397
- Trade debts -€16,222
down €16,222 (-92.6%), from €17,523 to €1,301
- Profit (loss) carried forward +€9,662
up €9,662, from -€2,457 to €7,206
- Debts after one year -€9,256
down €9,256 (-19.7%), from €47,094 to €37,837
- Current portion of long-term debt +€4,247
up €4,247 (+75.1%), from €5,652 to €9,899
- Accrued charges and deferred income -€4,000
no longer reported in 2025 (was €4,000)
- Gross operating margin +€31,684
up €31,684, from -€59 to €31,625
- Financial charges +€6,502
up €6,502 (+1,502%), from €433 to €6,935
- Other operating charges -€352
down €352 (-17.4%), from €2,022 to €1,670
- Financial income -€335
down €335 (-91.7%), from €365 to €30
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 | €85,900 | €69,419 | -€16,481 | -19.2% |
| Fixed assets | 21/28 | €57,468 | €50,771 | -€6,698 | -11.7% |
| Tangible fixed assets | 22/27 | €57,468 | €50,771 | -€6,698 | -11.7% |
| Land and buildings | 22 | - | €3,157 | +€3,157 | |
| Plant, machinery and equipment | 23 | €5,683 | €3,603 | -€2,080 | -36.6% |
| Furniture and vehicles | 24 | €9,294 | €6,845 | -€2,449 | -26.3% |
| Other tangible fixed assets | 26 | €42,491 | €37,165 | -€5,326 | -12.5% |
| Current assets | 29/58 | €28,432 | €18,648 | -€9,784 | -34.4% |
| Amounts receivable within one year | 40/41 | €15,310 | €10,660 | -€4,650 | -30.4% |
| Trade receivables | 40 | €5,671 | €7,627 | +€1,956 | +34.5% |
| Other amounts receivable | 41 | €9,639 | €3,033 | -€6,606 | -68.5% |
| Cash at bank and in hand | 54/58 | €12,976 | €6,591 | -€6,385 | -49.2% |
| Deferred charges and accrued income | 490/1 | €146 | €1,397 | +€1,251 | +858% |
| Total equity and liabilities | 10/49 | €85,900 | €69,419 | -€16,481 | -19.2% |
| Equity | 10/15 | -€457 | €9,206 | +€9,662 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,457 | €7,206 | +€9,662 | |
| Amounts payable | 17/49 | €86,357 | €60,213 | -€26,144 | -30.3% |
| Amounts payable after more than one year | 17 | €47,094 | €37,837 | -€9,256 | -19.7% |
| Financial debts | 170/4 | €47,094 | €37,837 | -€9,256 | -19.7% |
| Amounts payable within one year | 42/48 | €35,264 | €22,376 | -€12,888 | -36.5% |
| Current portion of amounts payable after more than one year | 42 | €5,652 | €9,899 | +€4,247 | +75.1% |
| Trade debts | 44 | €17,523 | €1,301 | -€16,222 | -92.6% |
| Suppliers | 440/4 | €17,523 | €1,301 | -€16,222 | -92.6% |
| Taxes, remuneration and social security | 45 | €7,089 | €3,165 | -€3,924 | -55.4% |
| Taxes | 450/3 | €1,132 | €3,165 | +€2,033 | +180% |
| Remuneration and social security | 454/9 | €5,957 | - | -€5,957 | |
| Other amounts payable | 47/48 | €5,000 | €8,012 | +€3,012 | +60.2% |
| Accrued charges and deferred income | 492/3 | €4,000 | - | -€4,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,855 | €9,910 | +€55 | +0.6% |
| Other operating charges | 640/8 | €2,022 | €1,670 | -€352 | -17.4% |
| Gross operating margin | 9900 | -€59 | €31,625 | +€31,684 | |
| Operating profit (loss) | 9901 | -€11,936 | €20,046 | +€31,982 | |
| Financial income | 75/76B | €365 | €30 | -€335 | -91.7% |
| Recurring financial income | 75 | €365 | €30 | -€335 | -91.7% |
| Financial charges | 65/66B | €433 | €6,935 | +€6,502 | +1,502% |
| Recurring financial charges | 65 | €433 | €6,935 | +€6,502 | +1,502% |
| Profit (loss) for the period before taxes | 9903 | -€12,003 | €13,141 | +€25,145 | |
| Income taxes | 67/77 | €167 | €479 | +€312 | +187% |
| Profit (loss) for the period | 9904 | -€12,170 | €12,662 | +€24,833 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,170 | €12,662 | +€24,833 |
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 27 October 2026 via checked.be.