V&Y Projects: what changed
Two fiscal 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&Y Projects
Largest movements
- Receivables within one year -€1,754
no longer reported in 2025 (was €1,754)
- Intangible fixed assets -€1,042
no longer reported in 2025 (was €1,042)
- Trade debts -€3,148
no longer reported in 2025 (was €3,148)
- Other debts +€1,394
up €1,394 (+4.4%), from €31,834 to €33,228
- Profit (loss) carried forward -€1,058
down €1,058 (-2.7%), from -€38,570 to -€39,628
- Depreciation -€1,058
down €1,058 (-50.4%), from €2,100 to €1,042
- Financial charges -€134
down €134 (-89.4%), from €150 to €16
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.
Cash bridge derived
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 | €2,811 | - | -€2,811 | |
| Fixed assets | 21/28 | €1,042 | - | -€1,042 | |
| Intangible fixed assets | 21 | €1,042 | - | -€1,042 | |
| Current assets | 29/58 | €1,770 | - | -€1,770 | |
| Amounts receivable within one year | 40/41 | €1,754 | - | -€1,754 | |
| Trade receivables | 40 | €1,754 | - | -€1,754 | |
| Cash at bank and in hand | 54/58 | €16 | - | -€16 | |
| Total equity and liabilities | 10/49 | €2,811 | - | -€2,811 | |
| Equity | 10/15 | -€32,170 | -€33,228 | -€1,058 | -3.3% |
| Contributions | 10/11 | €6,400 | €6,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€38,570 | -€39,628 | -€1,058 | -2.7% |
| Amounts payable | 17/49 | €34,981 | €33,228 | -€1,754 | -5.0% |
| Amounts payable within one year | 42/48 | €34,981 | €33,228 | -€1,754 | -5.0% |
| Trade debts | 44 | €3,148 | - | -€3,148 | |
| Suppliers | 440/4 | €3,148 | - | -€3,148 | |
| Other amounts payable | 47/48 | €31,834 | €33,228 | +€1,394 | +4.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,100 | €1,042 | -€1,058 | -50.4% |
| Other operating charges | 640/8 | €0 | - | = | |
| Gross operating margin | 9900 | €0 | - | = | |
| Operating profit (loss) | 9901 | -€2,100 | -€1,042 | +€1,058 | +50.4% |
| Financial charges | 65/66B | €150 | €16 | -€134 | -89.4% |
| Recurring financial charges | 65 | €150 | €16 | -€134 | -89.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,250 | -€1,058 | +€1,193 | +53.0% |
| Profit (loss) for the period | 9904 | -€2,250 | -€1,058 | +€1,193 | +53.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,250 | -€1,058 | +€1,193 | +53.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.