VENDIT VAX: 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.
VENDIT VAX
Largest movements
- Receivables within one year +€29,443
up €29,443 (+25.6%), from €115,082 to €144,525
of which Other amounts receivable: +€120,395
- Tangible fixed assets -€29,309
down €29,309 (-33.3%), from €87,924 to €58,614
of which Plant, machinery and equipment: -€15,419
- Other debts +€11,822
up €11,822 (+81.0%), from €14,594 to €26,416
- Trade debts -€9,708
down €9,708 (-27.0%), from €35,929 to €26,221
- Profit (loss) carried forward +€6,832
up €6,832 (+20.0%), from €34,154 to €40,986
- Debts after one year -€5,938
no longer reported in 2024 (was €5,938)
- Current portion of long-term debt -€4,573
down €4,573 (-45.0%), from €10,162 to €5,589
- Staff costs +€39,420
up €39,420 (+3,306%), from €1,192 to €40,612
- Gross operating margin +€36,909
up €36,909 (+107%), from €34,396 to €71,305
- Financial income +€9,796
new in 2024: €9,796
of which Non-recurring financial income: +€9,743
- Other operating charges +€2,929
new in 2024: €2,929
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.
Derived cash bridge
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 | €204,411 | €205,325 | +€914 | +0.4% |
| Fixed assets | 21/28 | €87,924 | €58,614 | -€29,309 | -33.3% |
| Tangible fixed assets | 22/27 | €87,924 | €58,614 | -€29,309 | -33.3% |
| Plant, machinery and equipment | 23 | €56,143 | €40,723 | -€15,419 | -27.5% |
| Leasing and similar rights | 25 | €31,781 | €17,891 | -€13,890 | -43.7% |
| Current assets | 29/58 | €116,488 | €146,711 | +€30,223 | +25.9% |
| Amounts receivable within one year | 40/41 | €115,082 | €144,525 | +€29,443 | +25.6% |
| Trade receivables | 40 | €115,082 | €24,130 | -€90,952 | -79.0% |
| Other amounts receivable | 41 | - | €120,395 | +€120,395 | |
| Cash at bank and in hand | 54/58 | €1,406 | €2,186 | +€780 | +55.5% |
| Total equity and liabilities | 10/49 | €204,411 | €205,325 | +€914 | +0.4% |
| Equity | 10/15 | €127,457 | €134,290 | +€6,832 | +5.4% |
| Contributions | 10/11 | €68,600 | €68,600 | = | 0.0% |
| Reserves | 13 | €24,703 | €24,703 | = | 0.0% |
| Distributable reserves | 133 | €24,703 | €24,703 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,154 | €40,986 | +€6,832 | +20.0% |
| Amounts payable | 17/49 | €76,954 | €71,035 | -€5,919 | -7.7% |
| Amounts payable after more than one year | 17 | €5,938 | - | -€5,938 | |
| Financial debts | 170/4 | €5,938 | - | -€5,938 | |
| Amounts payable within one year | 42/48 | €71,015 | €71,035 | +€20 | 0.0% |
| Current portion of amounts payable after more than one year | 42 | €10,162 | €5,589 | -€4,573 | -45.0% |
| Trade debts | 44 | €35,929 | €26,221 | -€9,708 | -27.0% |
| Suppliers | 440/4 | €35,929 | €26,221 | -€9,708 | -27.0% |
| Taxes, remuneration and social security | 45 | €10,331 | €12,810 | +€2,478 | +24.0% |
| Taxes | 450/3 | €5,104 | €7,011 | +€1,907 | +37.4% |
| Remuneration and social security | 454/9 | €5,227 | €5,799 | +€572 | +10.9% |
| Other amounts payable | 47/48 | €14,594 | €26,416 | +€11,822 | +81.0% |
| Remuneration, social security and pensions | 62 | €1,192 | €40,612 | +€39,420 | +3,306% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,298 | €29,304 | +€6 | 0.0% |
| Other operating charges | 640/8 | - | €2,929 | +€2,929 | |
| Gross operating margin | 9900 | €34,396 | €71,305 | +€36,909 | +107% |
| Operating profit (loss) | 9901 | €3,906 | -€1,540 | -€5,445 | |
| Financial income | 75/76B | - | €9,796 | +€9,796 | |
| Recurring financial income | 75 | - | €53 | +€53 | |
| Non-recurring financial income | 76B | - | €9,743 | +€9,743 | |
| Financial charges | 65/66B | €1,888 | €1,424 | -€464 | -24.6% |
| Recurring financial charges | 65 | €1,888 | €1,424 | -€464 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €2,018 | €6,832 | +€4,814 | +239% |
| Income taxes | 67/77 | €539 | - | -€539 | |
| Profit (loss) for the period | 9904 | €1,479 | €6,832 | +€5,353 | +362% |
| Profit (loss) for the period to be appropriated | 9905 | €1,479 | €6,832 | +€5,353 | +362% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.