VASCOLIGNON: 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.
VASCOLIGNON
Largest movements
- Tangible fixed assets +€32,077
up €32,077 (+777.4%), from €4,126 to €36,203
of which Leasing and similar rights: +€26,345
- Receivables after one year -€18,000
no longer reported in 2024 (was €18,000)
- Cash -€12,142
down €12,142 (-61.2%), from €19,851 to €7,709
mainly Investment in fixed assets (net) (-€40,933) and Contributions, distributions and other (-€17,000)
- Debts after one year +€20,609
new in 2024: €20,609
- Reserves -€12,450
down €12,450 (-11.8%), from €105,210 to €92,760
of which Distributable reserves: -€12,450
- Tax, wage and social debts -€7,334
down €7,334 (-32.7%), from €22,411 to €15,076
- Current portion of long-term debt +€6,216
new in 2024: €6,216
- Trade debts -€1,985
down €1,985 (-20.2%), from €9,831 to €7,847
- Gross operating margin -€13,398
down €13,398 (-50.2%), from €26,694 to €13,296
- Depreciation +€7,495
up €7,495 (+550.5%), from €1,362 to €8,856
- Taxes -€6,671
down €6,671 (-61.4%), from €10,874 to €4,203
- Other operating charges +€906
up €906 (+74.6%), from €1,215 to €2,120
- Financial income +€720
up €720 (+10.2%), from €7,026 to €7,745
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €161,884 | €166,808 | +€4,924 | +3.0% |
| Fixed assets | 21/28 | €7,326 | €39,403 | +€32,077 | +437.9% |
| Tangible fixed assets | 22/27 | €4,126 | €36,203 | +€32,077 | +777.4% |
| Furniture and vehicles | 24 | €4,126 | €9,858 | +€5,732 | +138.9% |
| Leasing and similar rights | 25 | - | €26,345 | +€26,345 | |
| Financial fixed assets | 28 | €3,200 | €3,200 | = | 0.0% |
| Current assets | 29/58 | €154,558 | €127,405 | -€27,153 | -17.6% |
| Amounts receivable after more than one year | 29 | €18,000 | - | -€18,000 | |
| Other amounts receivable | 291 | €18,000 | - | -€18,000 | |
| Amounts receivable within one year | 40/41 | €116,057 | €117,659 | +€1,602 | +1.4% |
| Trade receivables | 40 | - | €1,749 | +€1,749 | |
| Other amounts receivable | 41 | €116,057 | €115,909 | -€148 | -0.1% |
| Cash at bank and in hand | 54/58 | €19,851 | €7,709 | -€12,142 | -61.2% |
| Deferred charges and accrued income | 490/1 | €650 | €2,037 | +€1,387 | +213.6% |
| Total equity and liabilities | 10/49 | €161,884 | €166,808 | +€4,924 | +3.0% |
| Equity | 10/15 | €128,652 | €116,209 | -€12,443 | -9.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €105,210 | €92,760 | -€12,450 | -11.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €103,350 | €90,900 | -€12,450 | -12.0% |
| Profit (loss) carried forward | 14 | €4,842 | €4,849 | +€8 | +0.2% |
| Amounts payable | 17/49 | €33,232 | €50,599 | +€17,367 | +52.3% |
| Amounts payable after more than one year | 17 | - | €20,609 | +€20,609 | |
| Financial debts | 170/4 | - | €20,609 | +€20,609 | |
| Amounts payable within one year | 42/48 | €33,232 | €29,989 | -€3,243 | -9.8% |
| Current portion of amounts payable after more than one year | 42 | - | €6,216 | +€6,216 | |
| Trade debts | 44 | €9,831 | €7,847 | -€1,985 | -20.2% |
| Suppliers | 440/4 | €9,831 | €7,847 | -€1,985 | -20.2% |
| Taxes, remuneration and social security | 45 | €22,411 | €15,076 | -€7,334 | -32.7% |
| Taxes | 450/3 | €22,411 | €15,076 | -€7,334 | -32.7% |
| Other amounts payable | 47/48 | €990 | €850 | -€140 | -14.1% |
| Non-recurring operating income | 76A | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,362 | €8,856 | +€7,495 | +550.5% |
| Other operating charges | 640/8 | €1,215 | €2,120 | +€906 | +74.6% |
| Gross operating margin | 9900 | €26,694 | €13,296 | -€13,398 | -50.2% |
| Operating profit (loss) | 9901 | €24,118 | €2,320 | -€21,798 | -90.4% |
| Financial income | 75/76B | €7,026 | €7,745 | +€720 | +10.2% |
| Recurring financial income | 75 | €7,026 | €7,745 | +€720 | +10.2% |
| Financial charges | 65/66B | €688 | €1,305 | +€617 | +89.8% |
| Recurring financial charges | 65 | €688 | €1,305 | +€617 | +89.8% |
| Profit (loss) for the period before taxes | 9903 | €30,456 | €8,760 | -€21,696 | -71.2% |
| Income taxes | 67/77 | €10,874 | €4,203 | -€6,671 | -61.4% |
| Profit (loss) for the period | 9904 | €19,582 | €4,558 | -€15,024 | -76.7% |
| Profit (loss) for the period to be appropriated | 9905 | €19,582 | €4,558 | -€15,024 | -76.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.