V&V VEHICLES: 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 VEHICLES
Largest movements
- Stocks and contracts -€9,150
no longer reported in 2025 (was €9,150)
- Cash +€4,075
up €4,075 (+142%), from €2,865 to €6,940
mainly Stocks and contracts (+€9,150) and Trade debts (+€1,036)
- Receivables within one year +€2,729
up €2,729 (+760%), from €359 to €3,088
of which Trade receivables: +€2,800
- Profit (loss) carried forward -€3,278
down €3,278 (-33.2%), from -€9,868 to -€13,146
- Trade debts +€1,036
up €1,036 (+95.6%), from €1,084 to €2,120
- Gross operating margin -€3,002
down €3,002 (-2,588%), from -€116 to -€3,118
- Other operating charges -€526
down €526 (-88.9%), from €592 to €66
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 | €12,374 | €10,028 | -€2,346 | -19.0% |
| Current assets | 29/58 | €12,374 | €10,028 | -€2,346 | -19.0% |
| Stocks and contracts in progress | 3 | €9,150 | - | -€9,150 | |
| Stocks | 30/36 | €9,150 | - | -€9,150 | |
| Amounts receivable within one year | 40/41 | €359 | €3,088 | +€2,729 | +760% |
| Trade receivables | 40 | - | €2,800 | +€2,800 | |
| Other amounts receivable | 41 | €359 | €288 | -€71 | -19.8% |
| Cash at bank and in hand | 54/58 | €2,865 | €6,940 | +€4,075 | +142% |
| Total equity and liabilities | 10/49 | €12,374 | €10,028 | -€2,346 | -19.0% |
| Equity | 10/15 | €9,761 | €6,483 | -€3,278 | -33.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,029 | €1,029 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,029 | €1,029 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,029 | €1,029 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,868 | -€13,146 | -€3,278 | -33.2% |
| Amounts payable | 17/49 | €2,613 | €3,545 | +€932 | +35.7% |
| Amounts payable within one year | 42/48 | €2,613 | €3,545 | +€932 | +35.7% |
| Trade debts | 44 | €1,084 | €2,120 | +€1,036 | +95.6% |
| Suppliers | 440/4 | €1,084 | €2,120 | +€1,036 | +95.6% |
| Other amounts payable | 47/48 | €1,529 | €1,425 | -€104 | -6.8% |
| Other operating charges | 640/8 | €592 | €66 | -€526 | -88.9% |
| Gross operating margin | 9900 | -€116 | -€3,118 | -€3,002 | -2,588% |
| Operating profit (loss) | 9901 | -€708 | -€3,184 | -€2,476 | -350% |
| Financial charges | 65/66B | €91 | €94 | +€3 | +3.3% |
| Recurring financial charges | 65 | €91 | €94 | +€3 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | -€799 | -€3,278 | -€2,479 | -310% |
| Profit (loss) for the period | 9904 | -€799 | -€3,278 | -€2,479 | -310% |
| Profit (loss) for the period to be appropriated | 9905 | -€799 | -€3,278 | -€2,479 | -310% |
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 17 October 2026 via checked.be.