V.O.S.: 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.O.S.
Largest movements
- Tangible fixed assets -€507
down €507 (-62.3%), from €814 to €307
- Cash +€143
up €143 (+73.5%), from €195 to €339
mainly Other debts (+€15,900) and Depreciation (+€507)
- Other debts +€15,900
up €15,900 (+7.3%), from €217,648 to €233,548
- Debts after one year -€10,000
down €10,000 (-16.8%), from €59,631 to €49,631
- Profit (loss) carried forward -€5,067
down €5,067 (-1.6%), from -€307,339 to -€312,406
- Current portion of long-term debt -€1,197
down €1,197 (-10.8%), from €11,070 to €9,873
- Depreciation -€14,264
down €14,264 (-96.6%), from €14,771 to €507
- Gross operating margin +€1,669
up €1,669 (+65.9%), from -€2,530 to -€862
- Other operating charges +€403
up €403 (+71.5%), from €564 to €967
- Financial charges -€207
down €207 (-7.0%), from €2,937 to €2,730
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 | €1,009 | €645 | -€364 | -36.1% |
| Fixed assets | 21/28 | €814 | €307 | -€507 | -62.3% |
| Tangible fixed assets | 22/27 | €814 | €307 | -€507 | -62.3% |
| Land and buildings | 22 | €814 | €307 | -€507 | -62.3% |
| Current assets | 29/58 | €195 | €339 | +€143 | +73.5% |
| Cash at bank and in hand | 54/58 | €195 | €339 | +€143 | +73.5% |
| Total equity and liabilities | 10/49 | €1,009 | €645 | -€364 | -36.1% |
| Equity | 10/15 | -€287,339 | -€292,406 | -€5,067 | -1.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Contributions outside capital | 11 | €20,000 | - | -€20,000 | |
| Share premium | 1100/10 | €20,000 | - | -€20,000 | |
| Profit (loss) carried forward | 14 | -€307,339 | -€312,406 | -€5,067 | -1.6% |
| Amounts payable | 17/49 | €288,349 | €293,051 | +€4,703 | +1.6% |
| Amounts payable after more than one year | 17 | €59,631 | €49,631 | -€10,000 | -16.8% |
| Financial debts | 170/4 | €59,631 | €49,631 | -€10,000 | -16.8% |
| Amounts payable within one year | 42/48 | €228,718 | €243,420 | +€14,703 | +6.4% |
| Current portion of amounts payable after more than one year | 42 | €11,070 | €9,873 | -€1,197 | -10.8% |
| Other amounts payable | 47/48 | €217,648 | €233,548 | +€15,900 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,771 | €507 | -€14,264 | -96.6% |
| Other operating charges | 640/8 | €564 | €967 | +€403 | +71.5% |
| Gross operating margin | 9900 | -€2,530 | -€862 | +€1,669 | +65.9% |
| Operating profit (loss) | 9901 | -€17,865 | -€2,336 | +€15,529 | +86.9% |
| Financial charges | 65/66B | €2,937 | €2,730 | -€207 | -7.0% |
| Recurring financial charges | 65 | €2,937 | €2,730 | -€207 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | -€20,802 | -€5,067 | +€15,736 | +75.6% |
| Profit (loss) for the period | 9904 | -€20,802 | -€5,067 | +€15,736 | +75.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,802 | -€5,067 | +€15,736 | +75.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.