V & V TRADING: 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 TRADING
Largest movements
- Cash -€165,490
down €165,490 (-50.0%), from €330,742 to €165,252
mainly Contributions, distributions and other (-€187,337) and Receivables within one year (-€20,541)
- Receivables within one year +€20,541
up €20,541 (+461%), from €4,459 to €25,000
- Tangible fixed assets -€16,050
down €16,050 (-26.5%), from €60,536 to €44,486
of which Furniture and vehicles: -€18,128
- Reserves -€162,275
down €162,275 (-43.7%), from €371,711 to €209,436
of which Distributable reserves: -€164,134
- Gross operating margin -€22,273
down €22,273 (-27.7%), from €80,286 to €58,013
- Taxes -€7,058
down €7,058 (-33.8%), from €20,904 to €13,846
- Financial income +€1,145
up €1,145 (+314%), from €364 to €1,509
- Depreciation +€851
up €851 (+4.9%), from €17,396 to €18,247
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 | €395,762 | €234,763 | -€160,999 | -40.7% |
| Fixed assets | 21/28 | €60,561 | €44,511 | -€16,050 | -26.5% |
| Tangible fixed assets | 22/27 | €60,536 | €44,486 | -€16,050 | -26.5% |
| Plant, machinery and equipment | 23 | €121 | €2,199 | +€2,078 | +1,718% |
| Furniture and vehicles | 24 | €60,415 | €42,287 | -€18,128 | -30.0% |
| Financial fixed assets | 28 | €25 | €25 | -€0 | -0.8% |
| Current assets | 29/58 | €335,201 | €190,252 | -€144,949 | -43.2% |
| Amounts receivable within one year | 40/41 | €4,459 | €25,000 | +€20,541 | +461% |
| Trade receivables | 40 | €4,459 | €25,000 | +€20,541 | +461% |
| Cash at bank and in hand | 54/58 | €330,742 | €165,252 | -€165,490 | -50.0% |
| Total equity and liabilities | 10/49 | €395,762 | €234,763 | -€160,999 | -40.7% |
| Equity | 10/15 | €370,191 | €207,916 | -€162,275 | -43.8% |
| Contributions | 10/11 | €6,197 | €6,197 | +€0 | 0.0% |
| Reserves | 13 | €371,711 | €209,436 | -€162,275 | -43.7% |
| Non-distributable reserves | 130/1 | - | €1,859 | +€1,859 | |
| Reserves not available under the articles | 1311 | - | €1,859 | +€1,859 | |
| Distributable reserves | 133 | €371,711 | €207,577 | -€164,134 | -44.2% |
| Profit (loss) carried forward | 14 | -€7,717 | -€7,717 | +€0 | 0.0% |
| Amounts payable | 17/49 | €25,571 | €26,847 | +€1,276 | +5.0% |
| Amounts payable within one year | 42/48 | €25,571 | €26,847 | +€1,276 | +5.0% |
| Trade debts | 44 | €1,483 | €4,663 | +€3,180 | +214% |
| Suppliers | 440/4 | €1,483 | €4,663 | +€3,180 | +214% |
| Taxes, remuneration and social security | 45 | €14,010 | €11,348 | -€2,662 | -19.0% |
| Taxes | 450/3 | €14,010 | €11,348 | -€2,662 | -19.0% |
| Other amounts payable | 47/48 | €10,078 | €10,836 | +€758 | +7.5% |
| Remuneration, social security and pensions | 62 | - | €382 | +€382 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,396 | €18,247 | +€851 | +4.9% |
| Other operating charges | 640/8 | €1,671 | €1,720 | +€49 | +2.9% |
| Gross operating margin | 9900 | €80,286 | €58,013 | -€22,273 | -27.7% |
| Operating profit (loss) | 9901 | €61,219 | €37,664 | -€23,555 | -38.5% |
| Financial income | 75/76B | €364 | €1,509 | +€1,145 | +314% |
| Recurring financial income | 75 | €364 | €1,509 | +€1,145 | +314% |
| Financial charges | 65/66B | €90 | €265 | +€175 | +194% |
| Recurring financial charges | 65 | €90 | €265 | +€175 | +194% |
| Profit (loss) for the period before taxes | 9903 | €61,493 | €38,908 | -€22,585 | -36.7% |
| Income taxes | 67/77 | €20,904 | €13,846 | -€7,058 | -33.8% |
| Profit (loss) for the period | 9904 | €40,589 | €25,062 | -€15,527 | -38.3% |
| Profit (loss) for the period to be appropriated | 9905 | €40,589 | €25,062 | -€15,527 | -38.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.