V-BIO MANAGEMENT 1: what changed
V-BIO MANAGEMENT 1
Largest movements
- Cash -€114,632
down €114,632 (-69.4%), from €165,062 to €50,430
mainly Other debts (-€103,085) and Receivables within one year (-€43,548)
- Receivables within one year +€43,548
up €43,548 (+592%), from €7,353 to €50,901
of which Trade receivables: +€35,801
- Other debts -€103,085
no longer reported in 2025 (was €103,085)
- Trade debts +€48,015
up €48,015 (+2,401%), from €2,000 to €50,015
- Tax, wage and social debts -€18,320
down €18,320 (-93.9%), from €19,507 to €1,187
- Purchases and services -€14,820
down €14,820 (-1.8%), from €832,115 to €817,295
- Turnover -€13,158
down €13,158 (-1.6%), from €836,044 to €822,886
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 | €767,038 | €695,954 | -€71,084 | -9.3% |
| Fixed assets | 21/28 | €594,623 | €594,623 | = | 0.0% |
| Financial fixed assets | 28 | €594,623 | €594,623 | = | 0.0% |
| Current assets | 29/58 | €172,415 | €101,331 | -€71,084 | -41.2% |
| Amounts receivable within one year | 40/41 | €7,353 | €50,901 | +€43,548 | +592% |
| Trade receivables | 40 | - | €35,801 | +€35,801 | |
| Other amounts receivable | 41 | €7,353 | €15,100 | +€7,747 | +105% |
| Cash at bank and in hand | 54/58 | €165,062 | €50,430 | -€114,632 | -69.4% |
| Total equity and liabilities | 10/49 | €767,038 | €695,954 | -€71,084 | -9.3% |
| Equity | 10/15 | €642,446 | €644,752 | +€2,306 | +0.4% |
| Contributions | 10/11 | €41,143 | €41,143 | = | 0.0% |
| Reserves | 13 | €601,303 | €603,609 | +€2,306 | +0.4% |
| Non-distributable reserves | 130/1 | €4,114 | €4,114 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,114 | €4,114 | = | 0.0% |
| Distributable reserves | 133 | €597,189 | €599,495 | +€2,306 | +0.4% |
| Amounts payable | 17/49 | €124,592 | €51,202 | -€73,390 | -58.9% |
| Amounts payable within one year | 42/48 | €124,592 | €51,202 | -€73,390 | -58.9% |
| Trade debts | 44 | €2,000 | €50,015 | +€48,015 | +2,401% |
| Suppliers | 440/4 | €2,000 | €50,015 | +€48,015 | +2,401% |
| Taxes, remuneration and social security | 45 | €19,507 | €1,187 | -€18,320 | -93.9% |
| Taxes | 450/3 | €19,507 | €1,187 | -€18,320 | -93.9% |
| Other amounts payable | 47/48 | €103,085 | - | -€103,085 | |
| Turnover | 70 | €836,044 | €822,886 | -€13,158 | -1.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €832,115 | €817,295 | -€14,820 | -1.8% |
| Other operating charges | 640/8 | €3,023 | €3,120 | +€97 | +3.2% |
| Gross operating margin | 9900 | €3,929 | €5,591 | +€1,662 | +42.3% |
| Operating profit (loss) | 9901 | €906 | €2,471 | +€1,565 | +173% |
| Financial income | 75/76B | €1,845 | €441 | -€1,404 | -76.1% |
| Recurring financial income | 75 | €1,845 | €441 | -€1,404 | -76.1% |
| Non-recurring financial income | 76B | €1,845 | €441 | -€1,404 | -76.1% |
| Profit (loss) for the period before taxes | 9903 | €2,751 | €2,912 | +€161 | +5.9% |
| Income taxes | 67/77 | €697 | €606 | -€91 | -13.1% |
| Profit (loss) for the period | 9904 | €2,054 | €2,306 | +€252 | +12.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,054 | €2,306 | +€252 | +12.3% |
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 4 November 2026 via checked.be.