VLSANITAIR: 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.
VLSANITAIR
Largest movements
- Cash -€77,591
down €77,591 (-57.9%), from €134,088 to €56,496
mainly Current portion of long-term debt (-€100,000) and Trade debts (-€13,439)
- Current portion of long-term debt -€100,000
down €100,000 (-100%), from €100,000 to €0
- Profit (loss) carried forward +€42,875
up €42,875 (+15.9%), from €269,717 to €312,592
- Trade debts -€13,439
down €13,439 (-26.3%), from €51,027 to €37,588
- Tax, wage and social debts -€9,469
down €9,469 (-80.6%), from €11,753 to €2,284
- Gross operating margin +€89,169
up €89,169, from -€35,020 to €54,149
- Financial charges -€9,713
down €9,713 (-63.3%), from €15,345 to €5,633
- Financial income -€2,282
down €2,282 (-18.8%), from €12,147 to €9,865
- Other operating charges +€1,756
up €1,756 (+76.2%), from €2,306 to €4,063
- Taxes +€1,476
up €1,476 (+992%), from €149 to €1,625
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 | €452,957 | €372,924 | -€80,033 | -17.7% |
| Fixed assets | 21/28 | €5,000 | €5,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Financial fixed assets | 28 | €5,000 | €5,000 | = | 0.0% |
| Current assets | 29/58 | €447,957 | €367,924 | -€80,033 | -17.9% |
| Amounts receivable within one year | 40/41 | €310,021 | €305,846 | -€4,174 | -1.3% |
| Trade receivables | 40 | €121,725 | €82,292 | -€39,433 | -32.4% |
| Other amounts receivable | 41 | €188,296 | €223,554 | +€35,258 | +18.7% |
| Cash at bank and in hand | 54/58 | €134,088 | €56,496 | -€77,591 | -57.9% |
| Deferred charges and accrued income | 490/1 | €3,849 | €5,581 | +€1,732 | +45.0% |
| Total equity and liabilities | 10/49 | €452,957 | €372,924 | -€80,033 | -17.7% |
| Equity | 10/15 | €290,177 | €333,052 | +€42,875 | +14.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €269,717 | €312,592 | +€42,875 | +15.9% |
| Amounts payable | 17/49 | €162,780 | €39,872 | -€122,908 | -75.5% |
| Amounts payable within one year | 42/48 | €162,780 | €39,872 | -€122,908 | -75.5% |
| Current portion of amounts payable after more than one year | 42 | €100,000 | €0 | -€100,000 | -100% |
| Trade debts | 44 | €51,027 | €37,588 | -€13,439 | -26.3% |
| Suppliers | 440/4 | €51,027 | €37,588 | -€13,439 | -26.3% |
| Taxes, remuneration and social security | 45 | €11,753 | €2,284 | -€9,469 | -80.6% |
| Taxes | 450/3 | €11,753 | €2,284 | -€9,469 | -80.6% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €110 | €0 | -€110 | -100% |
| Other operating charges | 640/8 | €2,306 | €4,063 | +€1,756 | +76.2% |
| Non-recurring operating charges | 66A | €1,761 | €9,819 | +€8,057 | +457% |
| Gross operating margin | 9900 | -€35,020 | €54,149 | +€89,169 | |
| Operating profit (loss) | 9901 | -€39,198 | €40,268 | +€79,465 | |
| Financial income | 75/76B | €12,147 | €9,865 | -€2,282 | -18.8% |
| Recurring financial income | 75 | €12,147 | €9,865 | -€2,282 | -18.8% |
| Financial charges | 65/66B | €15,345 | €5,633 | -€9,713 | -63.3% |
| Recurring financial charges | 65 | €15,345 | €5,633 | -€9,713 | -63.3% |
| Profit (loss) for the period before taxes | 9903 | -€42,396 | €44,500 | +€86,896 | |
| Income taxes | 67/77 | €149 | €1,625 | +€1,476 | +992% |
| Profit (loss) for the period | 9904 | -€42,545 | €42,875 | +€85,420 | |
| Profit (loss) for the period to be appropriated | 9905 | -€42,545 | €42,875 | +€85,420 |
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 17 October 2026 via checked.be.