V & V Assurco: 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 & V Assurco
Largest movements
- Tangible fixed assets -€2,094
down €2,094 (-50.0%), from €4,187 to €2,094
- Profit (loss) carried forward -€63,009
down €63,009 (-17.8%), from -€354,701 to -€417,710
- Other debts +€46,105
up €46,105 (+25.8%), from €178,650 to €224,755
- Trade debts +€15,524
up €15,524 (+17.7%), from €87,812 to €103,336
- Gross operating margin +€10,546
up €10,546 (+19.1%), from -€55,194 to -€44,647
- Write-downs +€2,886
up €2,886, from -€2,886 to €0
- Other operating charges +€811
up €811 (+20.9%), from €3,881 to €4,691
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 | €202,470 | €201,275 | -€1,195 | -0.6% |
| Fixed assets | 21/28 | €4,187 | €2,094 | -€2,094 | -50.0% |
| Tangible fixed assets | 22/27 | €4,187 | €2,094 | -€2,094 | -50.0% |
| Leasing and similar rights | 25 | €4,187 | €2,094 | -€2,094 | -50.0% |
| Current assets | 29/58 | €198,283 | €199,181 | +€898 | +0.5% |
| Amounts receivable within one year | 40/41 | €198,197 | €199,095 | +€898 | +0.5% |
| Trade receivables | 40 | €83,917 | €83,917 | = | 0.0% |
| Other amounts receivable | 41 | €114,280 | €115,178 | +€898 | +0.8% |
| Cash at bank and in hand | 54/58 | €86 | €86 | +€0 | +0.4% |
| Total equity and liabilities | 10/49 | €202,470 | €201,275 | -€1,195 | -0.6% |
| Equity | 10/15 | -€211,084 | -€274,092 | -€63,009 | -29.9% |
| Contributions | 10/11 | €66,505 | €66,505 | = | 0.0% |
| Reserves | 13 | €77,112 | €77,112 | = | 0.0% |
| Non-distributable reserves | 130/1 | €804 | €804 | = | 0.0% |
| Other | 1319 | €804 | €804 | = | 0.0% |
| Tax-exempt reserves | 132 | €34,869 | €34,869 | = | 0.0% |
| Distributable reserves | 133 | €41,439 | €41,439 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€354,701 | -€417,710 | -€63,009 | -17.8% |
| Amounts payable | 17/49 | €413,554 | €475,367 | +€61,813 | +14.9% |
| Amounts payable after more than one year | 17 | €60,000 | €60,000 | = | 0.0% |
| Other amounts payable | 178/9 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €353,554 | €415,367 | +€61,813 | +17.5% |
| Current portion of amounts payable after more than one year | 42 | €80,343 | €80,343 | = | 0.0% |
| Financial debts | 43 | €432 | €432 | = | 0.0% |
| Credit institutions | 430/8 | €432 | €432 | = | 0.0% |
| Trade debts | 44 | €87,812 | €103,336 | +€15,524 | +17.7% |
| Suppliers | 440/4 | €87,812 | €103,336 | +€15,524 | +17.7% |
| Taxes, remuneration and social security | 45 | €6,317 | €6,501 | +€184 | +2.9% |
| Taxes | 450/3 | €178 | €362 | +€184 | +104% |
| Remuneration and social security | 454/9 | €6,139 | €6,139 | = | 0.0% |
| Other amounts payable | 47/48 | €178,650 | €224,755 | +€46,105 | +25.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,094 | €2,094 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,886 | €0 | +€2,886 | |
| Other operating charges | 640/8 | €3,881 | €4,691 | +€811 | +20.9% |
| Gross operating margin | 9900 | -€55,194 | -€44,647 | +€10,546 | +19.1% |
| Operating profit (loss) | 9901 | -€58,282 | -€51,432 | +€6,849 | +11.8% |
| Financial income | 75/76B | €265 | €268 | +€3 | +1.2% |
| Recurring financial income | 75 | €265 | €268 | +€3 | +1.2% |
| Financial charges | 65/66B | €11,821 | €11,660 | -€161 | -1.4% |
| Recurring financial charges | 65 | €11,821 | €11,660 | -€161 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | -€69,837 | -€62,824 | +€7,013 | +10.0% |
| Income taxes | 67/77 | €178 | €185 | +€7 | +3.7% |
| Profit (loss) for the period | 9904 | -€70,015 | -€63,009 | +€7,007 | +10.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€70,015 | -€63,009 | +€7,007 | +10.0% |
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 20 October 2026 via checked.be.