Vauperdu: 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.
Vauperdu
Largest movements
- Tangible fixed assets +€529,627
up €529,627 (+47.5%), from €1.1m to €1.6m
of which Land and buildings: +€549,860
- Cash -€38,159
down €38,159 (-90.3%), from €42,250 to €4,091
mainly Investment in fixed assets (net) (-€645,826) and Net result for the year (-€31,128)
- Debts after one year +€552,161
up €552,161 (+64.4%), from €857,932 to €1.4m
- Profit (loss) carried forward -€31,128
down €31,128 (-23.2%), from €134,004 to €102,876
- Current portion of long-term debt -€23,525
down €23,525 (-31.8%), from €74,004 to €50,479
- Depreciation +€11,992
up €11,992 (+11.5%), from €104,207 to €116,199
- Financial charges +€8,320
up €8,320 (+88.5%), from €9,404 to €17,724
- Gross operating margin -€4,258
down €4,258 (-3.4%), from €126,192 to €121,934
- Other operating charges +€2,058
up €2,058 (+12.0%), from €17,097 to €19,156
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 | €1,161,939 | €1,652,371 | +€490,431 | +42.2% |
| Fixed assets | 21/28 | €1,115,695 | €1,645,322 | +€529,627 | +47.5% |
| Tangible fixed assets | 22/27 | €1,115,695 | €1,645,322 | +€529,627 | +47.5% |
| Land and buildings | 22 | €355,320 | €905,181 | +€549,860 | +154.8% |
| Plant, machinery and equipment | 23 | €5,765 | €14,410 | +€8,645 | +150.0% |
| Furniture and vehicles | 24 | €3,173 | €2,143 | -€1,031 | -32.5% |
| Other tangible fixed assets | 26 | €751,437 | €723,589 | -€27,847 | -3.7% |
| Current assets | 29/58 | €46,244 | €7,049 | -€39,196 | -84.8% |
| Amounts receivable within one year | 40/41 | €811 | €148 | -€663 | -81.8% |
| Trade receivables | 40 | €811 | €148 | -€663 | -81.8% |
| Cash at bank and in hand | 54/58 | €42,250 | €4,091 | -€38,159 | -90.3% |
| Deferred charges and accrued income | 490/1 | €3,183 | €2,810 | -€374 | -11.7% |
| Total equity and liabilities | 10/49 | €1,161,939 | €1,652,371 | +€490,431 | +42.2% |
| Equity | 10/15 | €214,967 | €183,839 | -€31,128 | -14.5% |
| Contributions | 10/11 | €19,092 | €19,092 | = | 0.0% |
| Reserves | 13 | €61,871 | €61,871 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,909 | €1,909 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,909 | €1,909 | = | 0.0% |
| Distributable reserves | 133 | €59,962 | €59,962 | = | 0.0% |
| Profit (loss) carried forward | 14 | €134,004 | €102,876 | -€31,128 | -23.2% |
| Amounts payable | 17/49 | €946,972 | €1,468,532 | +€521,559 | +55.1% |
| Amounts payable after more than one year | 17 | €857,932 | €1,410,094 | +€552,161 | +64.4% |
| Financial debts | 170/4 | €857,932 | €1,410,094 | +€552,161 | +64.4% |
| Amounts payable within one year | 42/48 | €89,040 | €58,438 | -€30,602 | -34.4% |
| Current portion of amounts payable after more than one year | 42 | €74,004 | €50,479 | -€23,525 | -31.8% |
| Trade debts | 44 | €7,107 | €1,482 | -€5,626 | -79.2% |
| Suppliers | 440/4 | €7,107 | €1,482 | -€5,626 | -79.2% |
| Advances received on contracts in progress | 46 | €3,568 | €970 | -€2,598 | -72.8% |
| Taxes, remuneration and social security | 45 | €1,036 | €1,256 | +€220 | +21.3% |
| Taxes | 450/3 | €1,036 | €1,256 | +€220 | +21.3% |
| Other amounts payable | 47/48 | €3,325 | €4,252 | +€927 | +27.9% |
| Non-recurring operating income | 76A | - | €413 | +€413 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,207 | €116,199 | +€11,992 | +11.5% |
| Other operating charges | 640/8 | €17,097 | €19,156 | +€2,058 | +12.0% |
| Gross operating margin | 9900 | €126,192 | €121,934 | -€4,258 | -3.4% |
| Operating profit (loss) | 9901 | €4,888 | -€13,421 | -€18,309 | |
| Financial income | 75/76B | €3 | €16 | +€13 | +422.6% |
| Recurring financial income | 75 | €3 | €16 | +€13 | +422.6% |
| Financial charges | 65/66B | €9,404 | €17,724 | +€8,320 | +88.5% |
| Recurring financial charges | 65 | €9,404 | €17,724 | +€8,320 | +88.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,512 | -€31,128 | -€26,616 | -589.8% |
| Income taxes | 67/77 | €140 | - | -€140 | |
| Profit (loss) for the period | 9904 | -€4,652 | -€31,128 | -€26,476 | -569.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,652 | -€31,128 | -€26,476 | -569.1% |
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 3 October 2026 via checked.be.