VANLANCKER: 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.
VANLANCKER
Largest movements
- Receivables within one year -€64,497
down €64,497 (-33.0%), from €195,732 to €131,234
of which Trade receivables: -€55,310
- Receivables after one year -€52,453
down €52,453 (-12.7%), from €412,591 to €360,138
- Cash -€9,853
down €9,853 (-94.9%), from €10,382 to €529
mainly Trade debts (-€98,400) and Contributions, distributions and other (-€55,000)
- Trade debts -€98,400
down €98,400 (-92.6%), from €106,274 to €7,875
- Other debts -€29,957
down €29,957 (-26.4%), from €113,612 to €83,655
- Profit (loss) carried forward +€14,837
up €14,837 (+4.8%), from €307,253 to €322,090
- Tax, wage and social debts -€13,284
down €13,284 (-55.5%), from €23,916 to €10,632
- Gross operating margin -€50,622
down €50,622 (-41.1%), from €123,191 to €72,570
- Taxes -€12,729
down €12,729 (-60.3%), from €21,102 to €8,373
- Financial income -€10,531
down €10,531 (-44.9%), from €23,471 to €12,939
- Financial charges +€1,857
up €1,857 (+133%), from €1,392 to €3,250
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €618,705 | €491,901 | -€126,803 | -20.5% |
| Current assets | 29/58 | €618,705 | €491,901 | -€126,803 | -20.5% |
| Amounts receivable after more than one year | 29 | €412,591 | €360,138 | -€52,453 | -12.7% |
| Other amounts receivable | 291 | €412,591 | €360,138 | -€52,453 | -12.7% |
| Amounts receivable within one year | 40/41 | €195,732 | €131,234 | -€64,497 | -33.0% |
| Trade receivables | 40 | €120,652 | €65,341 | -€55,310 | -45.8% |
| Other amounts receivable | 41 | €75,080 | €65,893 | -€9,187 | -12.2% |
| Cash at bank and in hand | 54/58 | €10,382 | €529 | -€9,853 | -94.9% |
| Total equity and liabilities | 10/49 | €618,705 | €491,901 | -€126,803 | -20.5% |
| Equity | 10/15 | €374,903 | €389,740 | +€14,837 | +4.0% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €307,253 | €322,090 | +€14,837 | +4.8% |
| Amounts payable | 17/49 | €243,802 | €102,161 | -€141,641 | -58.1% |
| Amounts payable within one year | 42/48 | €243,802 | €102,161 | -€141,641 | -58.1% |
| Trade debts | 44 | €106,274 | €7,875 | -€98,400 | -92.6% |
| Suppliers | 440/4 | €106,274 | €7,875 | -€98,400 | -92.6% |
| Taxes, remuneration and social security | 45 | €23,916 | €10,632 | -€13,284 | -55.5% |
| Taxes | 450/3 | €23,916 | €10,632 | -€13,284 | -55.5% |
| Other amounts payable | 47/48 | €113,612 | €83,655 | -€29,957 | -26.4% |
| Other operating charges | 640/8 | €2,405 | €3,137 | +€732 | +30.4% |
| Non-recurring operating charges | 66A | - | €912 | +€912 | |
| Gross operating margin | 9900 | €123,191 | €72,570 | -€50,622 | -41.1% |
| Operating profit (loss) | 9901 | €120,786 | €68,521 | -€52,265 | -43.3% |
| Financial income | 75/76B | €23,471 | €12,939 | -€10,531 | -44.9% |
| Recurring financial income | 75 | €23,471 | €12,939 | -€10,531 | -44.9% |
| Financial charges | 65/66B | €1,392 | €3,250 | +€1,857 | +133% |
| Recurring financial charges | 65 | €1,392 | €3,250 | +€1,857 | +133% |
| Profit (loss) for the period before taxes | 9903 | €142,865 | €78,210 | -€64,654 | -45.3% |
| Income taxes | 67/77 | €21,102 | €8,373 | -€12,729 | -60.3% |
| Profit (loss) for the period | 9904 | €121,763 | €69,837 | -€51,926 | -42.6% |
| Profit (loss) for the period to be appropriated | 9905 | €121,763 | €69,837 | -€51,926 | -42.6% |
Source: filed annual accounts (NBB), financial years ended 30 April 2025 and 30 April 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.