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B-VIP: 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.

What changed

B-VIP

BE 0895.330.883
NACE 73.110, Advertising agencies
fiscal year 31-12-2023 against 31-12-2024filed annual accounts (NBB)
Net result for the year
-€56,501
31-12-2023 · -€4,530-€51,971
Equity
€40,068
31-12-2023 · €96,569-€56,501
Cash
€22,244
31-12-2023 · €210,440-€188,196
Balance sheet total
€46,027
31-12-2023 · €298,303-€252,275

Largest movements

31-12-2023 to 31-12-2024
Assets
  • Cash -€188,196

    down €188,196 (-89.4%), from €210,440 to €22,244

    mainly Tax, wage and social debts (-€118,667) and Net result for the year (-€56,501)

  • Tangible fixed assets -€44,454

    no longer reported in 2024 (was €44,454)

  • Receivables within one year -€14,737

    down €14,737 (-39.1%), from €37,649 to €22,912

    of which Trade receivables: -€16,873

  • Financial fixed assets -€5,000

    no longer reported in 2024 (was €5,000)

Equity and liabilities
  • Tax, wage and social debts -€118,667

    down €118,667 (-99.5%), from €119,306 to €639

    of which Remuneration and social security: -€65,891

  • Profit (loss) carried forward -€56,501

    down €56,501, from €569 to -€55,932

  • Other debts -€48,800

    down €48,800 (-100.0%), from €48,821 to €21

  • Trade debts -€24,389

    no longer reported in 2024 (was €24,389)

  • Debts after one year -€3,967

    down €3,967 (-74.8%), from €5,301 to €1,334

Income statement
  • Gross operating margin -€362,438

    down €362,438 (-85.8%), from €422,643 to €60,205

  • Staff costs -€304,446

    down €304,446 (-78.6%), from €387,348 to €82,902

  • Depreciation -€23,079

    no longer reported in 2024 (was €23,079)

  • Financial charges +€20,536

    up €20,536 (+2586.5%), from €794 to €21,330

    of which Non-recurring financial charges: +€16,936

  • Taxes -€7,873

    down €7,873 (-92.5%), from €8,512 to €639

From the 31-12-2023 result to the 31-12-2024 result

effect on the 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.

Result 31-12-2023 -€4,530
Gross operating margin -€362,438
Staff costs +€304,446
Depreciation +€23,079
Other operating charges -€4,432
Financial income +€36
Financial charges -€20,536
Taxes +€7,873
Result 31-12-2024 -€56,501

Cash bridge derived

cash 31-12-2023 to 31-12-2024

Derived from the 31-12-2023 and 31-12-2024 balance sheets and the 31-12-2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations -€233,733
Investment +€49,454
Financing -€3,917
Cash 31-12-2023 €210,440
Net result for the year -€56,501
Receivables within one year +€14,737
Deferred charges and accrued income -€112
Trade debts -€24,389
Tax, wage and social debts -€118,667
Other debts -€48,800
Investment in fixed assets (net) +€49,454
Debts after one year -€3,967
Current portion of long-term debt +€50
Cash 31-12-2024 €22,244
Every line side by side 42 lines
Line Code 31-12-2023 31-12-2024 Change %
Total assets 20/58 €298,303 €46,027 -€252,275 -84.6%
Fixed assets 21/28 €49,454 - -€49,454
Tangible fixed assets 22/27 €44,454 - -€44,454
Furniture and vehicles 24 €44,454 - -€44,454
Financial fixed assets 28 €5,000 - -€5,000
Current assets 29/58 €248,848 €46,027 -€202,821 -81.5%
Amounts receivable within one year 40/41 €37,649 €22,912 -€14,737 -39.1%
Trade receivables 40 €36,161 €19,288 -€16,873 -46.7%
Other amounts receivable 41 €1,488 €3,624 +€2,136 +143.6%
Cash at bank and in hand 54/58 €210,440 €22,244 -€188,196 -89.4%
Deferred charges and accrued income 490/1 €759 €871 +€112 +14.7%
Total equity and liabilities 10/49 €298,303 €46,027 -€252,275 -84.6%
Equity 10/15 €96,569 €40,068 -€56,501 -58.5%
Contributions 10/11 €9,200 €9,200 = 0.0%
Reserves 13 €86,800 €86,800 = 0.0%
Distributable reserves 133 €86,800 €86,800 = 0.0%
Profit (loss) carried forward 14 €569 -€55,932 -€56,501
Amounts payable 17/49 €201,734 €5,960 -€195,774 -97.0%
Amounts payable after more than one year 17 €5,301 €1,334 -€3,967 -74.8%
Financial debts 170/4 €5,301 €1,334 -€3,967 -74.8%
Amounts payable within one year 42/48 €196,433 €4,626 -€191,807 -97.6%
Current portion of amounts payable after more than one year 42 €3,917 €3,967 +€50 +1.3%
Trade debts 44 €24,389 - -€24,389
Suppliers 440/4 €24,389 - -€24,389
Taxes, remuneration and social security 45 €119,306 €639 -€118,667 -99.5%
Taxes 450/3 €53,415 €639 -€52,776 -98.8%
Remuneration and social security 454/9 €65,891 - -€65,891
Other amounts payable 47/48 €48,821 €21 -€48,800 -100.0%
Remuneration, social security and pensions 62 €387,348 €82,902 -€304,446 -78.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €23,079 - -€23,079
Other operating charges 640/8 €7,440 €11,872 +€4,432 +59.6%
Gross operating margin 9900 €422,643 €60,205 -€362,438 -85.8%
Operating profit (loss) 9901 €4,776 -€34,569 -€39,345
Financial income 75/76B - €36 +€36
Recurring financial income 75 - €36 +€36
Financial charges 65/66B €794 €21,330 +€20,536 +2586.5%
Recurring financial charges 65 €794 €4,394 +€3,600 +453.4%
Non-recurring financial charges 66B - €16,936 +€16,936
Profit (loss) for the period before taxes 9903 €3,982 -€55,863 -€59,845
Income taxes 67/77 €8,512 €639 -€7,873 -92.5%
Profit (loss) for the period 9904 -€4,530 -€56,501 -€51,971 -1147.3%
Profit (loss) for the period to be appropriated 9905 -€4,530 -€56,501 -€51,971 -1147.3%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.