VANKIBO: 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.
VANKIBO
Largest movements
- Cash +€39,577
up €39,577 (+71.1%), from €55,633 to €95,210
mainly Accrued charges and deferred income (+€22,754) and Net result for the year (+€16,745)
- Tangible fixed assets -€6,559
down €6,559 (-45.0%), from €14,582 to €8,023
of which Furniture and vehicles: -€6,019
- Receivables within one year -€2,072
down €2,072 (-7.1%), from €29,170 to €27,099
of which Other amounts receivable: -€20,873
- Deferred charges and accrued income +€1,765
new in 2025: €1,765
- Accrued charges and deferred income +€22,754
up €22,754 (+238%), from €9,571 to €32,324
- Reserves +€16,745
up €16,745 (+31.2%), from €53,629 to €70,374
of which Distributable reserves: +€18,600
- Debts after one year -€10,000
down €10,000 (-100%), from €10,000 to €0
- Trade debts +€1,985
up €1,985 (+26.0%), from €7,636 to €9,620
- Turnover -€135,204
no longer reported in 2025 (was €135,204)
- Purchases and services -€91,667
no longer reported in 2025 (was €91,667)
- Taxes -€9,118
down €9,118 (-45.8%), from €19,913 to €10,795
- Gross operating margin -€4,001
down €4,001 (-9.1%), from €43,811 to €39,809
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 | €99,386 | €132,097 | +€32,711 | +32.9% |
| Fixed assets | 21/28 | €14,582 | €8,023 | -€6,559 | -45.0% |
| Tangible fixed assets | 22/27 | €14,582 | €8,023 | -€6,559 | -45.0% |
| Plant, machinery and equipment | 23 | €2,161 | €1,621 | -€540 | -25.0% |
| Furniture and vehicles | 24 | €12,421 | €6,402 | -€6,019 | -48.5% |
| Current assets | 29/58 | €84,803 | €124,074 | +€39,271 | +46.3% |
| Amounts receivable within one year | 40/41 | €29,170 | €27,099 | -€2,072 | -7.1% |
| Trade receivables | 40 | €3,093 | €21,894 | +€18,801 | +608% |
| Other amounts receivable | 41 | €26,078 | €5,205 | -€20,873 | -80.0% |
| Cash at bank and in hand | 54/58 | €55,633 | €95,210 | +€39,577 | +71.1% |
| Deferred charges and accrued income | 490/1 | - | €1,765 | +€1,765 | |
| Total equity and liabilities | 10/49 | €99,386 | €132,097 | +€32,711 | +32.9% |
| Equity | 10/15 | €72,179 | €88,924 | +€16,745 | +23.2% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Contributions outside capital | 11 | €18,550 | - | -€18,550 | |
| Other | 1109/19 | €18,550 | - | -€18,550 | |
| Reserves | 13 | €53,629 | €70,374 | +€16,745 | +31.2% |
| Non-distributable reserves | 130/1 | €1,855 | €0 | -€1,855 | -100% |
| Reserves not available under the articles | 1311 | €1,855 | €0 | -€1,855 | -100% |
| Distributable reserves | 133 | €51,774 | €70,374 | +€18,600 | +35.9% |
| Amounts payable | 17/49 | €27,207 | €43,173 | +€15,966 | +58.7% |
| Amounts payable after more than one year | 17 | €10,000 | €0 | -€10,000 | -100% |
| Financial debts | 170/4 | €10,000 | €0 | -€10,000 | -100% |
| Amounts payable within one year | 42/48 | €7,636 | €10,849 | +€3,213 | +42.1% |
| Trade debts | 44 | €7,636 | €9,620 | +€1,985 | +26.0% |
| Suppliers | 440/4 | €7,636 | €9,620 | +€1,985 | +26.0% |
| Taxes, remuneration and social security | 45 | - | €1,228 | +€1,228 | |
| Remuneration and social security | 454/9 | - | €1,228 | +€1,228 | |
| Accrued charges and deferred income | 492/3 | €9,571 | €32,324 | +€22,754 | +238% |
| Turnover | 70 | €135,204 | - | -€135,204 | |
| Goods, raw materials, services and sundry goods | 60/61 | €91,667 | - | -€91,667 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,559 | €6,559 | = | 0.0% |
| Other operating charges | 640/8 | €5,801 | €5,432 | -€369 | -6.4% |
| Gross operating margin | 9900 | €43,811 | €39,809 | -€4,001 | -9.1% |
| Operating profit (loss) | 9901 | €31,451 | €27,818 | -€3,633 | -11.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €372 | €278 | -€94 | -25.4% |
| Recurring financial charges | 65 | €372 | €278 | -€94 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | €31,079 | €27,540 | -€3,538 | -11.4% |
| Income taxes | 67/77 | €19,913 | €10,795 | -€9,118 | -45.8% |
| Profit (loss) for the period | 9904 | €11,165 | €16,745 | +€5,580 | +50.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,165 | €16,745 | +€5,580 | +50.0% |
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 22 October 2026 via checked.be.