Admin-VB: 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.
Admin-VB
Largest movements
- Receivables within one year +€4,380
up €4,380 (+56.3%), from €7,773 to €12,153
- Tangible fixed assets -€3,356
down €3,356 (-21.4%), from €15,662 to €12,306
- Cash -€1,022
down €1,022 (-17.7%), from €5,764 to €4,742
mainly Receivables within one year (-€4,380) and Debts after one year (-€4,180)
- Debts after one year -€4,180
down €4,180 (-30.5%), from €13,703 to €9,523
- Profit (loss) carried forward +€3,398
up €3,398 (+84.9%), from €4,004 to €7,402
- Tax, wage and social debts +€458
up €458 (+9.7%), from €4,721 to €5,179
- Gross operating margin +€914
up €914 (+11.1%), from €8,249 to €9,163
- Financial charges -€480
down €480 (-76.1%), from €631 to €151
- Taxes +€363
up €363 (+24.6%), from €1,478 to €1,841
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 | €29,985 | €29,725 | -€260 | -0.9% |
| Formation expenses | 20 | €786 | €524 | -€262 | -33.3% |
| Fixed assets | 21/28 | €15,662 | €12,306 | -€3,356 | -21.4% |
| Tangible fixed assets | 22/27 | €15,662 | €12,306 | -€3,356 | -21.4% |
| Furniture and vehicles | 24 | €15,662 | €12,306 | -€3,356 | -21.4% |
| Current assets | 29/58 | €13,537 | €16,895 | +€3,358 | +24.8% |
| Amounts receivable within one year | 40/41 | €7,773 | €12,153 | +€4,380 | +56.3% |
| Trade receivables | 40 | €7,773 | €12,153 | +€4,380 | +56.3% |
| Cash at bank and in hand | 54/58 | €5,764 | €4,742 | -€1,022 | -17.7% |
| Total equity and liabilities | 10/49 | €29,985 | €29,725 | -€260 | -0.9% |
| Equity | 10/15 | €6,004 | €9,402 | +€3,398 | +56.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,004 | €7,402 | +€3,398 | +84.9% |
| Amounts payable | 17/49 | €23,981 | €20,323 | -€3,658 | -15.3% |
| Amounts payable after more than one year | 17 | €13,703 | €9,523 | -€4,180 | -30.5% |
| Financial debts | 170/4 | €13,703 | €9,523 | -€4,180 | -30.5% |
| Amounts payable within one year | 42/48 | €10,278 | €10,800 | +€522 | +5.1% |
| Current portion of amounts payable after more than one year | 42 | €4,180 | €4,180 | = | 0.0% |
| Trade debts | 44 | €1,377 | €1,441 | +€64 | +4.6% |
| Suppliers | 440/4 | €1,377 | €1,441 | +€64 | +4.6% |
| Taxes, remuneration and social security | 45 | €4,721 | €5,179 | +€458 | +9.7% |
| Taxes | 450/3 | €4,721 | €5,179 | +€458 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,618 | €3,618 | = | 0.0% |
| Other operating charges | 640/8 | €141 | €157 | +€16 | +11.5% |
| Gross operating margin | 9900 | €8,249 | €9,163 | +€914 | +11.1% |
| Operating profit (loss) | 9901 | €4,490 | €5,388 | +€898 | +20.0% |
| Financial income | 75/76B | €5 | €1 | -€4 | -71.5% |
| Recurring financial income | 75 | €5 | €1 | -€4 | -71.5% |
| Financial charges | 65/66B | €631 | €151 | -€480 | -76.1% |
| Recurring financial charges | 65 | €631 | €151 | -€480 | -76.1% |
| Profit (loss) for the period before taxes | 9903 | €3,865 | €5,239 | +€1,374 | +35.6% |
| Income taxes | 67/77 | €1,478 | €1,841 | +€363 | +24.6% |
| Profit (loss) for the period | 9904 | €2,386 | €3,398 | +€1,011 | +42.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,386 | €3,398 | +€1,011 | +42.4% |
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 7 October 2026 via checked.be.