DE.VIP: 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.
DE.VIP
Largest movements
- Receivables within one year +€374,909
up €374,909 (+817.3%), from €45,874 to €420,782
of which Other amounts receivable: +€332,185
- Cash -€271,445
down €271,445 (-69.8%), from €389,095 to €117,649
mainly Receivables within one year (-€374,909) and Contributions, distributions and other (-€297,641)
- Tangible fixed assets -€43,082
down €43,082 (-38.4%), from €112,066 to €68,984
of which Furniture and vehicles: -€28,608
- Profit (loss) carried forward -€279,035
down €279,035 (-100.0%), from €279,035 to €0
- Other debts +€224,356
up €224,356 (+182.0%), from €123,285 to €347,641
- Short-term financial debts +€100,000
new in 2025: €100,000
- Tax, wage and social debts +€86,550
up €86,550 (+257.2%), from €33,644 to €120,194
of which Remuneration and social security: +€80,754
- Trade debts -€41,899
down €41,899 (-59.5%), from €70,418 to €28,518
- Staff costs +€34,839
up €34,839 (+6.1%), from €570,777 to €605,616
- Gross operating margin -€33,947
down €33,947 (-5.0%), from €684,063 to €650,116
- Depreciation -€24,343
down €24,343 (-53.1%), from €45,818 to €21,475
- Other operating charges -€7,796
down €7,796 (-83.1%), from €9,387 to €1,591
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 | €570,947 | €634,016 | +€63,069 | +11.0% |
| Fixed assets | 21/28 | €113,587 | €69,915 | -€43,672 | -38.4% |
| Intangible fixed assets | 21 | €1,521 | €931 | -€590 | -38.8% |
| Tangible fixed assets | 22/27 | €112,066 | €68,984 | -€43,082 | -38.4% |
| Plant, machinery and equipment | 23 | €10,232 | €6,334 | -€3,898 | -38.1% |
| Furniture and vehicles | 24 | €30,896 | €2,288 | -€28,608 | -92.6% |
| Other tangible fixed assets | 26 | €70,939 | €60,363 | -€10,576 | -14.9% |
| Current assets | 29/58 | €457,360 | €564,100 | +€106,740 | +23.3% |
| Stocks and contracts in progress | 3 | €21,806 | €22,860 | +€1,054 | +4.8% |
| Stocks | 30/36 | €21,806 | €22,860 | +€1,054 | +4.8% |
| Amounts receivable within one year | 40/41 | €45,874 | €420,782 | +€374,909 | +817.3% |
| Trade receivables | 40 | €30,199 | €72,922 | +€42,724 | +141.5% |
| Other amounts receivable | 41 | €15,675 | €347,860 | +€332,185 | +2119.2% |
| Cash at bank and in hand | 54/58 | €389,095 | €117,649 | -€271,445 | -69.8% |
| Deferred charges and accrued income | 490/1 | €586 | €2,808 | +€2,223 | +379.3% |
| Total equity and liabilities | 10/49 | €570,947 | €634,016 | +€63,069 | +11.0% |
| Equity | 10/15 | €301,035 | €20,000 | -€281,035 | -93.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €0 | -€2,000 | -100.0% |
| Distributable reserves | 133 | €2,000 | €0 | -€2,000 | -100.0% |
| Profit (loss) carried forward | 14 | €279,035 | €0 | -€279,035 | -100.0% |
| Amounts payable | 17/49 | €269,912 | €614,016 | +€344,104 | +127.5% |
| Amounts payable after more than one year | 17 | €14,470 | €491 | -€13,979 | -96.6% |
| Financial debts | 170/4 | €14,470 | €491 | -€13,979 | -96.6% |
| Amounts payable within one year | 42/48 | €249,601 | €610,333 | +€360,732 | +144.5% |
| Current portion of amounts payable after more than one year | 42 | €22,253 | €13,979 | -€8,274 | -37.2% |
| Financial debts | 43 | - | €100,000 | +€100,000 | |
| Credit institutions | 430/8 | - | €100,000 | +€100,000 | |
| Trade debts | 44 | €70,418 | €28,518 | -€41,899 | -59.5% |
| Suppliers | 440/4 | €70,418 | €28,518 | -€41,899 | -59.5% |
| Taxes, remuneration and social security | 45 | €33,644 | €120,194 | +€86,550 | +257.2% |
| Taxes | 450/3 | €4,765 | €10,560 | +€5,796 | +121.6% |
| Remuneration and social security | 454/9 | €28,880 | €109,634 | +€80,754 | +279.6% |
| Other amounts payable | 47/48 | €123,285 | €347,641 | +€224,356 | +182.0% |
| Accrued charges and deferred income | 492/3 | €5,841 | €3,192 | -€2,649 | -45.4% |
| Remuneration, social security and pensions | 62 | €570,777 | €605,616 | +€34,839 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,818 | €21,475 | -€24,343 | -53.1% |
| Other operating charges | 640/8 | €9,387 | €1,591 | -€7,796 | -83.1% |
| Gross operating margin | 9900 | €684,063 | €650,116 | -€33,947 | -5.0% |
| Operating profit (loss) | 9901 | €58,082 | €21,435 | -€36,647 | -63.1% |
| Financial income | 75/76B | €4,103 | €6,163 | +€2,059 | +50.2% |
| Recurring financial income | 75 | €4,103 | €6,163 | +€2,059 | +50.2% |
| Financial charges | 65/66B | €3,467 | €4,591 | +€1,124 | +32.4% |
| Recurring financial charges | 65 | €3,467 | €4,591 | +€1,124 | +32.4% |
| Profit (loss) for the period before taxes | 9903 | €58,719 | €23,006 | -€35,712 | -60.8% |
| Income taxes | 67/77 | €11,325 | €6,400 | -€4,925 | -43.5% |
| Profit (loss) for the period | 9904 | €47,394 | €16,606 | -€30,788 | -65.0% |
| Profit (loss) for the period to be appropriated | 9905 | €47,394 | €16,606 | -€30,788 | -65.0% |
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 12 October 2026 via checked.be.