V.I. Partners: 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.I. Partners
Largest movements
- Tangible fixed assets -€2,577
down €2,577 (-59.0%), from €4,371 to €1,794
of which Furniture and vehicles: -€2,473
- Receivables within one year -€953
down €953 (-7.7%), from €12,436 to €11,484
of which Other amounts receivable: -€1,280
- Formation expenses -€270
down €270 (-37.1%), from €728 to €458
- Profit (loss) carried forward -€9,956
down €9,956 (-8.0%), from -€124,421 to -€134,377
- Trade debts +€3,128
up €3,128 (+337%), from €929 to €4,057
- Other debts +€2,511
up €2,511 (+3.7%), from €68,448 to €70,959
- Accrued charges and deferred income +€375
up €375 (+96.2%), from €390 to €765
- Gross operating margin -€5,994
down €5,994, from €3,518 to -€2,476
- Other operating charges +€1,211
up €1,211 (+181%), from €669 to €1,880
- Financial charges -€538
down €538 (-16.9%), from €3,192 to €2,654
- Depreciation -€135
down €135 (-4.5%), from €2,982 to €2,847
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 | €21,254 | €17,370 | -€3,884 | -18.3% |
| Formation expenses | 20 | €728 | €458 | -€270 | -37.1% |
| Fixed assets | 21/28 | €4,463 | €1,885 | -€2,577 | -57.8% |
| Tangible fixed assets | 22/27 | €4,371 | €1,794 | -€2,577 | -59.0% |
| Land and buildings | 22 | €209 | €105 | -€105 | -50.0% |
| Furniture and vehicles | 24 | €4,162 | €1,690 | -€2,473 | -59.4% |
| Financial fixed assets | 28 | €91 | €91 | = | 0.0% |
| Current assets | 29/58 | €16,063 | €15,026 | -€1,037 | -6.5% |
| Amounts receivable within one year | 40/41 | €12,436 | €11,484 | -€953 | -7.7% |
| Trade receivables | 40 | €8,823 | €9,150 | +€327 | +3.7% |
| Other amounts receivable | 41 | €3,614 | €2,334 | -€1,280 | -35.4% |
| Cash at bank and in hand | 54/58 | €3,556 | €3,469 | -€87 | -2.4% |
| Deferred charges and accrued income | 490/1 | €71 | €74 | +€2 | +3.4% |
| Total equity and liabilities | 10/49 | €21,254 | €17,370 | -€3,884 | -18.3% |
| Equity | 10/15 | -€50,053 | -€60,009 | -€9,956 | -19.9% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€124,421 | -€134,377 | -€9,956 | -8.0% |
| Amounts payable | 17/49 | €71,307 | €77,379 | +€6,072 | +8.5% |
| Amounts payable within one year | 42/48 | €70,917 | €76,614 | +€5,697 | +8.0% |
| Trade debts | 44 | €929 | €4,057 | +€3,128 | +337% |
| Suppliers | 440/4 | €929 | €4,057 | +€3,128 | +337% |
| Taxes, remuneration and social security | 45 | €1,539 | €1,598 | +€59 | +3.8% |
| Taxes | 450/3 | €1,539 | €1,598 | +€59 | +3.8% |
| Other amounts payable | 47/48 | €68,448 | €70,959 | +€2,511 | +3.7% |
| Accrued charges and deferred income | 492/3 | €390 | €765 | +€375 | +96.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,982 | €2,847 | -€135 | -4.5% |
| Other operating charges | 640/8 | €669 | €1,880 | +€1,211 | +181% |
| Gross operating margin | 9900 | €3,518 | -€2,476 | -€5,994 | |
| Operating profit (loss) | 9901 | -€133 | -€7,203 | -€7,070 | -5,323% |
| Financial income | 75/76B | €134 | €139 | +€5 | +3.7% |
| Recurring financial income | 75 | €134 | €139 | +€5 | +3.7% |
| Financial charges | 65/66B | €3,192 | €2,654 | -€538 | -16.9% |
| Recurring financial charges | 65 | €3,192 | €2,654 | -€538 | -16.9% |
| Profit (loss) for the period before taxes | 9903 | -€3,191 | -€9,718 | -€6,527 | -205% |
| Income taxes | 67/77 | €232 | €239 | +€7 | +2.9% |
| Profit (loss) for the period | 9904 | -€3,423 | -€9,956 | -€6,533 | -191% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,423 | -€9,956 | -€6,533 | -191% |
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 18 October 2026 via checked.be.