V&B CONCEPT: 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.
V&B CONCEPT
Largest movements
- Cash +€20,087
up €20,087 (+499.7%), from €4,019 to €24,106
mainly Advances received (+€12,847) and Stocks and contracts (+€5,183)
- Stocks and contracts -€5,183
down €5,183 (-100.0%), from €5,183 to €0
- Receivables within one year +€4,300
up €4,300, from €0 to €4,300
- Tangible fixed assets -€3,319
down €3,319 (-26.3%), from €12,599 to €9,280
of which Furniture and vehicles: -€2,754
- Deferred charges and accrued income +€476
up €476 (+115.4%), from €413 to €889
- Advances received +€12,847
new in 2025: €12,847
- Profit (loss) carried forward +€2,199
up €2,199 (+26.4%), from €8,326 to €10,525
- Tax, wage and social debts +€1,754
up €1,754 (+50.6%), from €3,464 to €5,218
- Other debts -€466
down €466 (-5.6%), from €8,324 to €7,858
- Gross operating margin -€2,866
down €2,866 (-24.0%), from €11,944 to €9,078
- Financial income +€986
up €986, from €0 to €986
- Taxes +€711
up €711 (+44.9%), from €1,584 to €2,294
- Financial charges -€661
down €661 (-33.9%), from €1,950 to €1,289
- Other operating charges -€453
down €453 (-32.0%), from €1,417 to €964
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 | €22,214 | €38,575 | +€16,361 | +73.7% |
| Fixed assets | 21/28 | €12,599 | €9,280 | -€3,319 | -26.3% |
| Tangible fixed assets | 22/27 | €12,599 | €9,280 | -€3,319 | -26.3% |
| Furniture and vehicles | 24 | €7,380 | €4,626 | -€2,754 | -37.3% |
| Other tangible fixed assets | 26 | €5,218 | €4,654 | -€564 | -10.8% |
| Current assets | 29/58 | €9,615 | €29,295 | +€19,680 | +204.7% |
| Stocks and contracts in progress | 3 | €5,183 | €0 | -€5,183 | -100.0% |
| Stocks | 30/36 | €5,183 | €0 | -€5,183 | -100.0% |
| Amounts receivable within one year | 40/41 | €0 | €4,300 | +€4,300 | |
| Trade receivables | 40 | €0 | €4,300 | +€4,300 | |
| Cash at bank and in hand | 54/58 | €4,019 | €24,106 | +€20,087 | +499.7% |
| Deferred charges and accrued income | 490/1 | €413 | €889 | +€476 | +115.4% |
| Total equity and liabilities | 10/49 | €22,214 | €38,575 | +€16,361 | +73.7% |
| Equity | 10/15 | €10,326 | €12,525 | +€2,199 | +21.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,326 | €10,525 | +€2,199 | +26.4% |
| Amounts payable | 17/49 | €11,888 | €26,050 | +€14,162 | +119.1% |
| Amounts payable within one year | 42/48 | €11,888 | €26,050 | +€14,162 | +119.1% |
| Trade debts | 44 | €100 | €128 | +€28 | +27.6% |
| Suppliers | 440/4 | €100 | €128 | +€28 | +27.6% |
| Advances received on contracts in progress | 46 | - | €12,847 | +€12,847 | |
| Taxes, remuneration and social security | 45 | €3,464 | €5,218 | +€1,754 | +50.6% |
| Taxes | 450/3 | €3,464 | €5,218 | +€1,754 | +50.6% |
| Other amounts payable | 47/48 | €8,324 | €7,858 | -€466 | -5.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,529 | €3,319 | -€211 | -6.0% |
| Other operating charges | 640/8 | €1,417 | €964 | -€453 | -32.0% |
| Gross operating margin | 9900 | €11,944 | €9,078 | -€2,866 | -24.0% |
| Operating profit (loss) | 9901 | €6,998 | €4,796 | -€2,202 | -31.5% |
| Financial income | 75/76B | €0 | €986 | +€986 | |
| Recurring financial income | 75 | €0 | €986 | +€986 | |
| Financial charges | 65/66B | €1,950 | €1,289 | -€661 | -33.9% |
| Recurring financial charges | 65 | €1,950 | €1,289 | -€661 | -33.9% |
| Profit (loss) for the period before taxes | 9903 | €5,048 | €4,493 | -€554 | -11.0% |
| Income taxes | 67/77 | €1,584 | €2,294 | +€711 | +44.9% |
| Profit (loss) for the period | 9904 | €3,464 | €2,199 | -€1,265 | -36.5% |
| Profit (loss) for the period to be appropriated | 9905 | €3,464 | €2,199 | -€1,265 | -36.5% |
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.