VANZO LUCIEN: what changed
Two fiscal 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.
VANZO LUCIEN
Largest movements
- Receivables within one year -€303,851
down €303,851 (-97.6%), from €311,227 to €7,376
of which Other amounts receivable: -€307,551
- Tangible fixed assets -€15,018
down €15,018 (-10.6%), from €141,872 to €126,854
of which Furniture and vehicles: -€8,377
- Other debts -€301,821
down €301,821 (-93.8%), from €321,731 to €19,910
- Trade debts -€26,761
down €26,761 (-61.9%), from €43,239 to €16,478
- Profit (loss) carried forward +€10,895
up €10,895 (+45.2%), from €24,127 to €35,021
- Depreciation +€10,603
up €10,603 (+92.6%), from €11,447 to €22,050
- Gross operating margin +€6,876
up €6,876 (+17.1%), from €40,122 to €46,998
- Staff costs -€2,594
down €2,594 (-49.3%), from €5,258 to €2,664
- Other operating charges -€1,118
down €1,118 (-17.1%), from €6,523 to €5,405
- Taxes -€504
down €504 (-9.1%), from €5,522 to €5,018
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.
Cash bridge derived
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 | €455,497 | €138,326 | -€317,170 | -69.6% |
| Fixed assets | 21/28 | €141,872 | €126,854 | -€15,018 | -10.6% |
| Tangible fixed assets | 22/27 | €141,872 | €126,854 | -€15,018 | -10.6% |
| Land and buildings | 22 | €87,617 | €81,495 | -€6,122 | -7.0% |
| Plant, machinery and equipment | 23 | €1,478 | €959 | -€519 | -35.1% |
| Furniture and vehicles | 24 | €52,777 | €44,401 | -€8,377 | -15.9% |
| Current assets | 29/58 | €313,624 | €11,472 | -€302,152 | -96.3% |
| Amounts receivable within one year | 40/41 | €311,227 | €7,376 | -€303,851 | -97.6% |
| Trade receivables | 40 | - | €3,700 | +€3,700 | |
| Other amounts receivable | 41 | €311,227 | €3,677 | -€307,551 | -98.8% |
| Cash at bank and in hand | 54/58 | €2,397 | €4,096 | +€1,699 | +70.9% |
| Total equity and liabilities | 10/49 | €455,497 | €138,326 | -€317,170 | -69.6% |
| Equity | 10/15 | €90,526 | €101,421 | +€10,895 | +12.0% |
| Contributions | 10/11 | €43,500 | €43,500 | = | 0.0% |
| Reserves | 13 | €22,899 | €22,899 | = | 0.0% |
| Tax-exempt reserves | 132 | €16,702 | €16,702 | = | 0.0% |
| Distributable reserves | 133 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,127 | €35,021 | +€10,895 | +45.2% |
| Amounts payable | 17/49 | €364,971 | €36,906 | -€328,065 | -89.9% |
| Amounts payable within one year | 42/48 | €364,971 | €36,906 | -€328,065 | -89.9% |
| Trade debts | 44 | €43,239 | €16,478 | -€26,761 | -61.9% |
| Suppliers | 440/4 | €43,239 | €16,478 | -€26,761 | -61.9% |
| Taxes, remuneration and social security | 45 | - | €518 | +€518 | |
| Taxes | 450/3 | - | €518 | +€518 | |
| Other amounts payable | 47/48 | €321,731 | €19,910 | -€301,821 | -93.8% |
| Remuneration, social security and pensions | 62 | €5,258 | €2,664 | -€2,594 | -49.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,447 | €22,050 | +€10,603 | +92.6% |
| Other operating charges | 640/8 | €6,523 | €5,405 | -€1,118 | -17.1% |
| Gross operating margin | 9900 | €40,122 | €46,998 | +€6,876 | +17.1% |
| Operating profit (loss) | 9901 | €16,894 | €16,878 | -€16 | -0.1% |
| Financial income | 75/76B | €6 | €34 | +€28 | +463.8% |
| Recurring financial income | 75 | €6 | €34 | +€28 | +463.8% |
| Financial charges | 65/66B | €572 | €1,000 | +€428 | +74.8% |
| Recurring financial charges | 65 | €572 | €1,000 | +€428 | +74.8% |
| Profit (loss) for the period before taxes | 9903 | €16,328 | €15,913 | -€415 | -2.5% |
| Income taxes | 67/77 | €5,522 | €5,018 | -€504 | -9.1% |
| Profit (loss) for the period | 9904 | €10,806 | €10,895 | +€89 | +0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,806 | €10,895 | +€89 | +0.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.