V en V: 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 en V
Largest movements
- Cash +€132
up €132 (+329250.0%), from €0 to €132
mainly Other debts (+€23,020)
- Receivables within one year +€126
up €126 (+4.8%), from €2,636 to €2,762
- Other debts +€23,020
up €23,020 (+26.9%), from €85,575 to €108,595
- Profit (loss) carried forward -€22,516
down €22,516 (-19.8%), from -€113,725 to -€136,240
- Short-term financial debts -€151
no longer reported in 2025 (was €151)
- Tax, wage and social debts -€96
down €96 (-38.5%), from €248 to €152
- Gross operating margin -€8,000
down €8,000 (-125.7%), from -€6,365 to -€14,365
- Financial charges +€4,435
up €4,435 (+919.5%), from €482 to €4,918
- Other operating charges +€3,233
new in 2025: €3,233
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 | €2,637 | €2,894 | +€258 | +9.8% |
| Current assets | 29/58 | €2,637 | €2,894 | +€258 | +9.8% |
| Amounts receivable within one year | 40/41 | €2,636 | €2,762 | +€126 | +4.8% |
| Other amounts receivable | 41 | €2,636 | €2,762 | +€126 | +4.8% |
| Cash at bank and in hand | 54/58 | €0 | €132 | +€132 | +329250.0% |
| Total equity and liabilities | 10/49 | €2,637 | €2,894 | +€258 | +9.8% |
| Equity | 10/15 | -€95,133 | -€117,648 | -€22,516 | -23.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€113,725 | -€136,240 | -€22,516 | -19.8% |
| Amounts payable | 17/49 | €97,769 | €120,543 | +€22,773 | +23.3% |
| Amounts payable within one year | 42/48 | €97,769 | €120,543 | +€22,773 | +23.3% |
| Financial debts | 43 | €151 | - | -€151 | |
| Credit institutions | 430/8 | €151 | - | -€151 | |
| Trade debts | 44 | €11,795 | €11,795 | = | 0.0% |
| Suppliers | 440/4 | €11,795 | €11,795 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €248 | €152 | -€96 | -38.5% |
| Taxes | 450/3 | €248 | €152 | -€96 | -38.5% |
| Other amounts payable | 47/48 | €85,575 | €108,595 | +€23,020 | +26.9% |
| Other operating charges | 640/8 | - | €3,233 | +€3,233 | |
| Gross operating margin | 9900 | -€6,365 | -€14,365 | -€8,000 | -125.7% |
| Operating profit (loss) | 9901 | -€6,365 | -€17,598 | -€11,233 | -176.5% |
| Financial charges | 65/66B | €482 | €4,918 | +€4,435 | +919.5% |
| Recurring financial charges | 65 | €482 | €4,918 | +€4,435 | +919.5% |
| Profit (loss) for the period before taxes | 9903 | -€6,847 | -€22,516 | -€15,668 | -228.8% |
| Profit (loss) for the period | 9904 | -€6,847 | -€22,516 | -€15,668 | -228.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,847 | -€22,516 | -€15,668 | -228.8% |
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 11 October 2026 via checked.be.