V & V SERVICE: 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 SERVICE
Largest movements
- Receivables within one year -€3,980
down €3,980 (-43.8%), from €9,092 to €5,112
of which Trade receivables: -€4,442
- Cash -€2,510
down €2,510 (-28.5%), from €8,809 to €6,299
mainly Other debts (-€8,649) and Contributions, distributions and other (-€1,600)
- Stocks and contracts -€600
down €600 (-6.3%), from €9,525 to €8,925
- Other debts -€8,649
down €8,649 (-82.4%), from €10,498 to €1,849
- Trade debts +€1,013
up €1,013 (+351%), from €289 to €1,301
- Accrued charges and deferred income +€600
new in 2025: €600
- Tax, wage and social debts -€488
down €488 (-50.4%), from €968 to €480
- Profit (loss) carried forward +€434
up €434 (+7.5%), from -€5,778 to -€5,344
- Gross operating margin +€2,314
up €2,314 (+323%), from €716 to €3,030
- Taxes -€416
no longer reported in 2025 (was €416)
- Other operating charges +€307
up €307 (+71.4%), from €430 to €736
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 | €27,426 | €20,336 | -€7,090 | -25.9% |
| Current assets | 29/58 | €27,426 | €20,336 | -€7,090 | -25.9% |
| Stocks and contracts in progress | 3 | €9,525 | €8,925 | -€600 | -6.3% |
| Stocks | 30/36 | €9,525 | €8,925 | -€600 | -6.3% |
| Amounts receivable within one year | 40/41 | €9,092 | €5,112 | -€3,980 | -43.8% |
| Trade receivables | 40 | €8,674 | €4,232 | -€4,442 | -51.2% |
| Other amounts receivable | 41 | €418 | €880 | +€462 | +111% |
| Cash at bank and in hand | 54/58 | €8,809 | €6,299 | -€2,510 | -28.5% |
| Total equity and liabilities | 10/49 | €27,426 | €20,336 | -€7,090 | -25.9% |
| Equity | 10/15 | €15,672 | €16,106 | +€434 | +2.8% |
| Contributions | 10/11 | €19,500 | €19,500 | = | 0.0% |
| Reserves | 13 | €1,950 | €1,950 | = | 0.0% |
| Distributable reserves | 133 | €1,950 | €1,950 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,778 | -€5,344 | +€434 | +7.5% |
| Amounts payable | 17/49 | €11,754 | €4,230 | -€7,524 | -64.0% |
| Amounts payable within one year | 42/48 | €11,754 | €3,630 | -€8,124 | -69.1% |
| Trade debts | 44 | €289 | €1,301 | +€1,013 | +351% |
| Suppliers | 440/4 | €289 | €1,301 | +€1,013 | +351% |
| Taxes, remuneration and social security | 45 | €968 | €480 | -€488 | -50.4% |
| Taxes | 450/3 | €968 | €480 | -€488 | -50.4% |
| Other amounts payable | 47/48 | €10,498 | €1,849 | -€8,649 | -82.4% |
| Accrued charges and deferred income | 492/3 | - | €600 | +€600 | |
| Other operating charges | 640/8 | €430 | €736 | +€307 | +71.4% |
| Gross operating margin | 9900 | €716 | €3,030 | +€2,314 | +323% |
| Operating profit (loss) | 9901 | €287 | €2,294 | +€2,007 | +701% |
| Financial income | 75/76B | €1 | €27 | +€26 | +2,990% |
| Recurring financial income | 75 | €1 | €27 | +€26 | +2,990% |
| Financial charges | 65/66B | €286 | €287 | +€1 | +0.2% |
| Recurring financial charges | 65 | €286 | €287 | +€1 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €1 | €2,034 | +€2,033 | +158,832% |
| Income taxes | 67/77 | €416 | - | -€416 | |
| Profit (loss) for the period | 9904 | -€414 | €2,034 | +€2,449 | |
| Profit (loss) for the period to be appropriated | 9905 | -€414 | €2,034 | +€2,449 |
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 30 October 2026 via checked.be.