V.B.C.F.: what changed
V.B.C.F.
Largest movements
- Cash +€9,202
up €9,202 (+140%), from €6,571 to €15,773
mainly Other debts (+€11,293) and Net result for the year (+€9,685)
- Tangible fixed assets -€6,694
down €6,694 (-100%), from €6,694 to €0
- Deferred charges and accrued income +€1,380
up €1,380 (+645%), from €214 to €1,594
- Receivables within one year +€557
up €557 (+7.4%), from €7,497 to €8,055
- Other debts +€11,293
up €11,293 (+1,093%), from €1,033 to €12,326
- Current portion of long-term debt -€4,793
down €4,793 (-100%), from €4,793 to €0
- Profit (loss) carried forward -€2,080
down €2,080 (-36.5%), from €5,703 to €3,623
- Trade debts +€851
up €851 (+2,268%), from €38 to €888
- Tax, wage and social debts -€801
down €801 (-10.8%), from €7,385 to €6,584
of which Taxes: -€801
- Depreciation -€5,478
down €5,478 (-100%), from €5,478 to €0
- Gross operating margin +€2,590
up €2,590 (+19.6%), from €13,244 to €15,834
- Taxes +€1,477
up €1,477 (+67.1%), from €2,202 to €3,678
- Financial charges +€938
up €938 (+199%), from €471 to €1,408
- Other operating charges +€170
up €170 (+19.1%), from €892 to €1,062
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,977 | €25,422 | +€4,445 | +21.2% |
| Fixed assets | 21/28 | €6,694 | €0 | -€6,694 | -100% |
| Tangible fixed assets | 22/27 | €6,694 | €0 | -€6,694 | -100% |
| Furniture and vehicles | 24 | €6,694 | €0 | -€6,694 | -100% |
| Current assets | 29/58 | €14,282 | €25,422 | +€11,139 | +78.0% |
| Amounts receivable within one year | 40/41 | €7,497 | €8,055 | +€557 | +7.4% |
| Trade receivables | 40 | €7,497 | €8,055 | +€557 | +7.4% |
| Cash at bank and in hand | 54/58 | €6,571 | €15,773 | +€9,202 | +140% |
| Deferred charges and accrued income | 490/1 | €214 | €1,594 | +€1,380 | +645% |
| Total equity and liabilities | 10/49 | €20,977 | €25,422 | +€4,445 | +21.2% |
| Equity | 10/15 | €7,703 | €5,623 | -€2,080 | -27.0% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,703 | €3,623 | -€2,080 | -36.5% |
| Amounts payable | 17/49 | €13,273 | €19,798 | +€6,525 | +49.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €13,249 | €19,798 | +€6,549 | +49.4% |
| Current portion of amounts payable after more than one year | 42 | €4,793 | €0 | -€4,793 | -100% |
| Trade debts | 44 | €38 | €888 | +€851 | +2,268% |
| Suppliers | 440/4 | €38 | €888 | +€851 | +2,268% |
| Taxes, remuneration and social security | 45 | €7,385 | €6,584 | -€801 | -10.8% |
| Taxes | 450/3 | €7,385 | €6,584 | -€801 | -10.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,033 | €12,326 | +€11,293 | +1,093% |
| Accrued charges and deferred income | 492/3 | €24 | €0 | -€24 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,478 | €0 | -€5,478 | -100% |
| Other operating charges | 640/8 | €892 | €1,062 | +€170 | +19.1% |
| Gross operating margin | 9900 | €13,244 | €15,834 | +€2,590 | +19.6% |
| Operating profit (loss) | 9901 | €6,873 | €14,771 | +€7,898 | +115% |
| Financial charges | 65/66B | €471 | €1,408 | +€938 | +199% |
| Recurring financial charges | 65 | €471 | €1,408 | +€938 | +199% |
| Profit (loss) for the period before taxes | 9903 | €6,403 | €13,363 | +€6,960 | +109% |
| Income taxes | 67/77 | €2,202 | €3,678 | +€1,477 | +67.1% |
| Profit (loss) for the period | 9904 | €4,201 | €9,685 | +€5,484 | +131% |
| Profit (loss) for the period to be appropriated | 9905 | €4,201 | €9,685 | +€5,484 | +131% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.