Vønk: what changed
Two fiscal 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.
Vønk
Largest movements
- Receivables within one year +€45,989
up €45,989 (+327.9%), from €14,027 to €60,016
of which Trade receivables: +€45,989
- Cash +€35,179
up €35,179 (+27.3%), from €128,768 to €163,947
mainly Net result for the year (+€97,835) and Other debts (+€76,101)
- Tangible fixed assets +€2,467
up €2,467 (+63.5%), from €3,884 to €6,351
- Other debts +€76,101
up €76,101 (+59.7%), from €127,411 to €203,512
- Tax, wage and social debts +€8,202
up €8,202 (+60.7%), from €13,513 to €21,715
- Gross operating margin +€61,063
up €61,063 (+85.6%), from €71,319 to €132,381
- Taxes +€12,949
up €12,949 (+80.8%), from €16,035 to €28,984
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 | €147,482 | €230,989 | +€83,506 | +56.6% |
| Fixed assets | 21/28 | €3,884 | €6,351 | +€2,467 | +63.5% |
| Tangible fixed assets | 22/27 | €3,884 | €6,351 | +€2,467 | +63.5% |
| Furniture and vehicles | 24 | €3,884 | €6,351 | +€2,467 | +63.5% |
| Current assets | 29/58 | €143,598 | €224,637 | +€81,039 | +56.4% |
| Amounts receivable within one year | 40/41 | €14,027 | €60,016 | +€45,989 | +327.9% |
| Trade receivables | 40 | €10,062 | €56,051 | +€45,989 | +457.0% |
| Other amounts receivable | 41 | €3,965 | €3,965 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €128,768 | €163,947 | +€35,179 | +27.3% |
| Deferred charges and accrued income | 490/1 | €803 | €674 | -€128 | -16.0% |
| Total equity and liabilities | 10/49 | €147,482 | €230,989 | +€83,506 | +56.6% |
| Equity | 10/15 | €5,000 | €5,000 | = | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €142,482 | €225,989 | +€83,506 | +58.6% |
| Amounts payable within one year | 42/48 | €142,482 | €225,989 | +€83,506 | +58.6% |
| Financial debts | 43 | €12 | €13 | +€1 | +8.3% |
| Credit institutions | 430/8 | €12 | €0 | -€12 | -100.0% |
| Other loans | 439 | - | €13 | +€13 | |
| Trade debts | 44 | €1,546 | €748 | -€798 | -51.6% |
| Suppliers | 440/4 | €1,546 | €748 | -€798 | -51.6% |
| Taxes, remuneration and social security | 45 | €13,513 | €21,715 | +€8,202 | +60.7% |
| Taxes | 450/3 | €13,513 | €21,715 | +€8,202 | +60.7% |
| Other amounts payable | 47/48 | €127,411 | €203,512 | +€76,101 | +59.7% |
| Non-recurring operating income | 76A | €1,533 | €0 | -€1,533 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,684 | €4,885 | +€1,202 | +32.6% |
| Other operating charges | 640/8 | €576 | €528 | -€49 | -8.5% |
| Gross operating margin | 9900 | €71,319 | €132,381 | +€61,063 | +85.6% |
| Operating profit (loss) | 9901 | €67,059 | €126,969 | +€59,910 | +89.3% |
| Financial charges | 65/66B | €305 | €150 | -€155 | -50.8% |
| Recurring financial charges | 65 | €305 | €150 | -€155 | -50.8% |
| Profit (loss) for the period before taxes | 9903 | €66,753 | €126,818 | +€60,065 | +90.0% |
| Income taxes | 67/77 | €16,035 | €28,984 | +€12,949 | +80.8% |
| Profit (loss) for the period | 9904 | €50,718 | €97,835 | +€47,116 | +92.9% |
| Profit (loss) for the period to be appropriated | 9905 | €50,718 | €97,835 | +€47,116 | +92.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.