V Carré: 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 Carré
Largest movements
- Receivables within one year -€18,159
down €18,159 (-81.8%), from €22,189 to €4,030
of which Trade receivables: -€21,195
- Cash -€7,534
down €7,534 (-38.8%), from €19,419 to €11,885
mainly Trade debts (-€29,522) and Investment in fixed assets (net) (-€7,188)
- Tangible fixed assets +€5,689
new in 2025: €5,689
of which Furniture and vehicles: +€3,681
- Trade debts -€29,522
down €29,522 (-100%), from €29,522 to €0
- Profit (loss) carried forward +€8,508
up €8,508 (+161%), from €5,293 to €13,801
- Tax, wage and social debts +€1,010
up €1,010 (+56.3%), from €1,793 to €2,803
- Gross operating margin +€6,022
up €6,022 (+80.0%), from €7,527 to €13,548
- Depreciation +€1,499
new in 2025: €1,499
- Taxes +€1,040
up €1,040 (+59.0%), from €1,763 to €2,803
- Other operating charges +€163
up €163 (+36.1%), from €451 to €614
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.
Derived cash bridge
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 | €41,608 | €21,604 | -€20,005 | -48.1% |
| Fixed assets | 21/28 | - | €5,689 | +€5,689 | |
| Tangible fixed assets | 22/27 | - | €5,689 | +€5,689 | |
| Plant, machinery and equipment | 23 | - | €2,008 | +€2,008 | |
| Furniture and vehicles | 24 | - | €3,681 | +€3,681 | |
| Current assets | 29/58 | €41,608 | €15,915 | -€25,693 | -61.8% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €22,189 | €4,030 | -€18,159 | -81.8% |
| Trade receivables | 40 | €21,195 | €0 | -€21,195 | -100% |
| Other amounts receivable | 41 | €994 | €4,030 | +€3,036 | +305% |
| Cash at bank and in hand | 54/58 | €19,419 | €11,885 | -€7,534 | -38.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €41,608 | €21,604 | -€20,005 | -48.1% |
| Equity | 10/15 | €10,293 | €18,801 | +€8,508 | +82.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,293 | €13,801 | +€8,508 | +161% |
| Amounts payable | 17/49 | €31,315 | €2,803 | -€28,512 | -91.0% |
| Amounts payable within one year | 42/48 | €31,315 | €2,803 | -€28,512 | -91.0% |
| Trade debts | 44 | €29,522 | €0 | -€29,522 | -100% |
| Suppliers | 440/4 | €29,522 | €0 | -€29,522 | -100% |
| Taxes, remuneration and social security | 45 | €1,793 | €2,803 | +€1,010 | +56.3% |
| Taxes | 450/3 | €1,793 | €2,803 | +€1,010 | +56.3% |
| Accrued charges and deferred income | 492/3 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,499 | +€1,499 | |
| Other operating charges | 640/8 | €451 | €614 | +€163 | +36.1% |
| Gross operating margin | 9900 | €7,527 | €13,548 | +€6,022 | +80.0% |
| Operating profit (loss) | 9901 | €7,075 | €11,435 | +€4,360 | +61.6% |
| Financial income | 75/76B | €3 | €1 | -€2 | -62.5% |
| Recurring financial income | 75 | €3 | €1 | -€2 | -62.5% |
| Financial charges | 65/66B | €112 | €126 | +€14 | +12.8% |
| Recurring financial charges | 65 | €112 | €126 | +€14 | +12.8% |
| Profit (loss) for the period before taxes | 9903 | €6,967 | €11,310 | +€4,343 | +62.3% |
| Income taxes | 67/77 | €1,763 | €2,803 | +€1,040 | +59.0% |
| Profit (loss) for the period | 9904 | €5,204 | €8,508 | +€3,304 | +63.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,204 | €8,508 | +€3,304 | +63.5% |
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 22 October 2026 via checked.be.