V-ROOFING: 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-ROOFING
Largest movements
- Receivables within one year -€237,659
down €237,659 (-49.4%), from €481,378 to €243,719
of which Trade receivables: -€241,275
- Cash +€123,663
up €123,663 (+221%), from €55,944 to €179,606
mainly Receivables within one year (+€237,659) and Net result for the year (+€35,551)
- Tangible fixed assets -€17,083
down €17,083 (-11.8%), from €144,407 to €127,324
- Other debts -€99,895
down €99,895 (-97.7%), from €102,227 to €2,332
- Reserves +€35,551
up €35,551 (+8.8%), from €406,224 to €441,775
- Debts after one year -€23,979
down €23,979 (-27.0%), from €88,833 to €64,854
- Tax, wage and social debts -€23,540
down €23,540 (-90.3%), from €26,074 to €2,534
of which Taxes: -€23,500
- Trade debts -€19,802
down €19,802 (-30.4%), from €65,138 to €45,336
- Staff costs +€15,486
up €15,486 (+75.7%), from €20,450 to €35,936
- Other operating charges -€12,435
down €12,435 (-77.2%), from €16,118 to €3,683
- Gross operating margin -€7,732
down €7,732 (-6.4%), from €120,082 to €112,350
- Financial income -€4,548
down €4,548 (-89.4%), from €5,086 to €538
- Financial charges -€4,388
down €4,388 (-53.4%), from €8,213 to €3,825
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 | €722,671 | €589,411 | -€133,261 | -18.4% |
| Fixed assets | 21/28 | €144,407 | €127,324 | -€17,083 | -11.8% |
| Tangible fixed assets | 22/27 | €144,407 | €127,324 | -€17,083 | -11.8% |
| Land and buildings | 22 | €111,000 | €104,500 | -€6,500 | -5.9% |
| Plant, machinery and equipment | 23 | €2,334 | €292 | -€2,042 | -87.5% |
| Furniture and vehicles | 24 | €17,739 | €11,660 | -€6,079 | -34.3% |
| Other tangible fixed assets | 26 | €13,334 | €10,872 | -€2,462 | -18.5% |
| Current assets | 29/58 | €578,264 | €462,087 | -€116,178 | -20.1% |
| Stocks and contracts in progress | 3 | €40,943 | €38,761 | -€2,182 | -5.3% |
| Stocks | 30/36 | €40,943 | €38,761 | -€2,182 | -5.3% |
| Amounts receivable within one year | 40/41 | €481,378 | €243,719 | -€237,659 | -49.4% |
| Trade receivables | 40 | €475,691 | €234,416 | -€241,275 | -50.7% |
| Other amounts receivable | 41 | €5,686 | €9,303 | +€3,616 | +63.6% |
| Cash at bank and in hand | 54/58 | €55,944 | €179,606 | +€123,663 | +221% |
| Total equity and liabilities | 10/49 | €722,671 | €589,411 | -€133,261 | -18.4% |
| Equity | 10/15 | €424,824 | €460,375 | +€35,551 | +8.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €406,224 | €441,775 | +€35,551 | +8.8% |
| Distributable reserves | 133 | €406,224 | €441,775 | +€35,551 | +8.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €297,848 | €129,036 | -€168,812 | -56.7% |
| Amounts payable after more than one year | 17 | €88,833 | €64,854 | -€23,979 | -27.0% |
| Financial debts | 170/4 | €88,833 | €64,854 | -€23,979 | -27.0% |
| Amounts payable within one year | 42/48 | €209,015 | €64,182 | -€144,833 | -69.3% |
| Current portion of amounts payable after more than one year | 42 | €15,575 | €13,979 | -€1,596 | -10.2% |
| Trade debts | 44 | €65,138 | €45,336 | -€19,802 | -30.4% |
| Suppliers | 440/4 | €65,138 | €45,336 | -€19,802 | -30.4% |
| Taxes, remuneration and social security | 45 | €26,074 | €2,534 | -€23,540 | -90.3% |
| Taxes | 450/3 | €26,034 | €2,534 | -€23,500 | -90.3% |
| Remuneration and social security | 454/9 | €40 | €0 | -€40 | -100% |
| Other amounts payable | 47/48 | €102,227 | €2,332 | -€99,895 | -97.7% |
| Remuneration, social security and pensions | 62 | €20,450 | €35,936 | +€15,486 | +75.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,831 | €18,222 | -€609 | -3.2% |
| Other operating charges | 640/8 | €16,118 | €3,683 | -€12,435 | -77.2% |
| Gross operating margin | 9900 | €120,082 | €112,350 | -€7,732 | -6.4% |
| Operating profit (loss) | 9901 | €64,684 | €54,509 | -€10,175 | -15.7% |
| Financial income | 75/76B | €5,086 | €538 | -€4,548 | -89.4% |
| Recurring financial income | 75 | €5,086 | €538 | -€4,548 | -89.4% |
| Financial charges | 65/66B | €8,213 | €3,825 | -€4,388 | -53.4% |
| Recurring financial charges | 65 | €8,213 | €3,825 | -€4,388 | -53.4% |
| Profit (loss) for the period before taxes | 9903 | €61,557 | €51,222 | -€10,335 | -16.8% |
| Income taxes | 67/77 | €17,884 | €15,671 | -€2,212 | -12.4% |
| Profit (loss) for the period | 9904 | €43,673 | €35,551 | -€8,122 | -18.6% |
| Profit (loss) for the period to be appropriated | 9905 | €43,673 | €35,551 | -€8,122 | -18.6% |
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 14 October 2026 via checked.be.