Anne V&V: 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.
Anne V&V
Largest movements
- Cash +€40,680
up €40,680 (+76.9%), from €52,905 to €93,584
mainly Net result for the year (+€28,452) and Receivables within one year (+€15,415)
- Receivables within one year -€15,415
down €15,415 (-66.0%), from €23,342 to €7,927
of which Trade receivables: -€14,934
- Tangible fixed assets +€2,780
up €2,780 (+135%), from €2,064 to €4,845
- Reserves +€28,452
up €28,452 (+42.0%), from €67,703 to €96,155
- Trade debts -€1,440
down €1,440 (-60.2%), from €2,390 to €951
- Staff costs +€2,116
new in 2025: €2,116
- Depreciation +€1,123
up €1,123 (+187%), from €601 to €1,724
- Gross operating margin -€675
down €675 (-1.6%), from €41,611 to €40,937
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 | €78,311 | €106,393 | +€28,082 | +35.9% |
| Fixed assets | 21/28 | €2,064 | €4,845 | +€2,780 | +135% |
| Tangible fixed assets | 22/27 | €2,064 | €4,845 | +€2,780 | +135% |
| Furniture and vehicles | 24 | €2,064 | €4,845 | +€2,780 | +135% |
| Current assets | 29/58 | €76,247 | €101,549 | +€25,302 | +33.2% |
| Amounts receivable within one year | 40/41 | €23,342 | €7,927 | -€15,415 | -66.0% |
| Trade receivables | 40 | €21,063 | €6,129 | -€14,934 | -70.9% |
| Other amounts receivable | 41 | €2,279 | €1,798 | -€481 | -21.1% |
| Cash at bank and in hand | 54/58 | €52,905 | €93,584 | +€40,680 | +76.9% |
| Deferred charges and accrued income | 490/1 | - | €37 | +€37 | |
| Total equity and liabilities | 10/49 | €78,311 | €106,393 | +€28,082 | +35.9% |
| Equity | 10/15 | €69,703 | €98,155 | +€28,452 | +40.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €67,703 | €96,155 | +€28,452 | +42.0% |
| Distributable reserves | 133 | €67,703 | €96,155 | +€28,452 | +42.0% |
| Amounts payable | 17/49 | €8,608 | €8,238 | -€370 | -4.3% |
| Amounts payable within one year | 42/48 | €8,608 | €8,238 | -€370 | -4.3% |
| Trade debts | 44 | €2,390 | €951 | -€1,440 | -60.2% |
| Suppliers | 440/4 | €2,390 | €951 | -€1,440 | -60.2% |
| Taxes, remuneration and social security | 45 | €2,057 | €2,417 | +€359 | +17.5% |
| Taxes | 450/3 | €2,057 | €2,417 | +€359 | +17.5% |
| Other amounts payable | 47/48 | €4,160 | €4,871 | +€710 | +17.1% |
| Remuneration, social security and pensions | 62 | - | €2,116 | +€2,116 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €601 | €1,724 | +€1,123 | +187% |
| Other operating charges | 640/8 | €687 | €637 | -€50 | -7.3% |
| Gross operating margin | 9900 | €41,611 | €40,937 | -€675 | -1.6% |
| Operating profit (loss) | 9901 | €40,323 | €36,460 | -€3,863 | -9.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €164 | €149 | -€15 | -8.9% |
| Recurring financial charges | 65 | €164 | €149 | -€15 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €40,159 | €36,311 | -€3,848 | -9.6% |
| Income taxes | 67/77 | €8,202 | €7,859 | -€342 | -4.2% |
| Profit (loss) for the period | 9904 | €31,957 | €28,452 | -€3,505 | -11.0% |
| Profit (loss) for the period to be appropriated | 9905 | €31,957 | €28,452 | -€3,505 | -11.0% |
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 20 October 2026 via checked.be.