V2 Confort: 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.
V2 Confort
Largest movements
- Receivables within one year +€36,141
up €36,141 (+328%), from €11,008 to €47,149
of which Trade receivables: +€34,315
- Stocks and contracts +€18,573
up €18,573 (+125%), from €14,875 to €33,448
- Cash -€4,542
down €4,542 (-92.8%), from €4,897 to €354
mainly Receivables within one year (-€36,141) and Stocks and contracts (-€18,573)
- Tangible fixed assets -€3,243
down €3,243 (-3.6%), from €89,553 to €86,310
of which Land and buildings: -€2,463
- Trade debts +€21,013
up €21,013 (+399%), from €5,264 to €26,278
- Profit (loss) carried forward +€15,097
up €15,097 (+88.0%), from €17,152 to €32,249
- Other debts +€14,417
up €14,417 (+2,472%), from €583 to €15,000
- Debts after one year -€5,305
down €5,305 (-5.9%), from €90,132 to €84,826
- Staff costs +€20,327
up €20,327 (+84.4%), from €24,084 to €44,412
- Gross operating margin +€19,480
up €19,480 (+30.2%), from €64,510 to €83,990
- Depreciation +€2,720
up €2,720 (+22.3%), from €12,191 to €14,910
- Other operating charges -€917
down €917 (-28.3%), from €3,241 to €2,324
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 | €121,999 | €168,743 | +€46,744 | +38.3% |
| Fixed assets | 21/28 | €90,352 | €86,909 | -€3,443 | -3.8% |
| Intangible fixed assets | 21 | €799 | €599 | -€200 | -25.0% |
| Tangible fixed assets | 22/27 | €89,553 | €86,310 | -€3,243 | -3.6% |
| Land and buildings | 22 | €58,021 | €55,558 | -€2,463 | -4.2% |
| Plant, machinery and equipment | 23 | €5,402 | €5,779 | +€377 | +7.0% |
| Furniture and vehicles | 24 | €26,129 | €24,973 | -€1,157 | -4.4% |
| Current assets | 29/58 | €31,647 | €81,834 | +€50,187 | +159% |
| Stocks and contracts in progress | 3 | €14,875 | €33,448 | +€18,573 | +125% |
| Stocks | 30/36 | €14,875 | €33,448 | +€18,573 | +125% |
| Amounts receivable within one year | 40/41 | €11,008 | €47,149 | +€36,141 | +328% |
| Trade receivables | 40 | €6,940 | €41,254 | +€34,315 | +494% |
| Other amounts receivable | 41 | €4,068 | €5,895 | +€1,827 | +44.9% |
| Cash at bank and in hand | 54/58 | €4,897 | €354 | -€4,542 | -92.8% |
| Deferred charges and accrued income | 490/1 | €868 | €883 | +€15 | +1.7% |
| Total equity and liabilities | 10/49 | €121,999 | €168,743 | +€46,744 | +38.3% |
| Equity | 10/15 | €19,652 | €34,749 | +€15,097 | +76.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,152 | €32,249 | +€15,097 | +88.0% |
| Amounts payable | 17/49 | €102,347 | €133,994 | +€31,647 | +30.9% |
| Amounts payable after more than one year | 17 | €90,132 | €84,826 | -€5,305 | -5.9% |
| Financial debts | 170/4 | €90,132 | €84,826 | -€5,305 | -5.9% |
| Amounts payable within one year | 42/48 | €12,215 | €49,167 | +€36,952 | +303% |
| Current portion of amounts payable after more than one year | 42 | €4,258 | €4,422 | +€165 | +3.9% |
| Trade debts | 44 | €5,264 | €26,278 | +€21,013 | +399% |
| Suppliers | 440/4 | €5,264 | €26,278 | +€21,013 | +399% |
| Taxes, remuneration and social security | 45 | €2,110 | €3,467 | +€1,357 | +64.3% |
| Taxes | 450/3 | €1,450 | €1,763 | +€313 | +21.6% |
| Remuneration and social security | 454/9 | €660 | €1,704 | +€1,044 | +158% |
| Other amounts payable | 47/48 | €583 | €15,000 | +€14,417 | +2,472% |
| Remuneration, social security and pensions | 62 | €24,084 | €44,412 | +€20,327 | +84.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,191 | €14,910 | +€2,720 | +22.3% |
| Other operating charges | 640/8 | €3,241 | €2,324 | -€917 | -28.3% |
| Gross operating margin | 9900 | €64,510 | €83,990 | +€19,480 | +30.2% |
| Operating profit (loss) | 9901 | €24,994 | €22,344 | -€2,649 | -10.6% |
| Financial income | 75/76B | €108 | €94 | -€14 | -12.6% |
| Recurring financial income | 75 | €108 | €94 | -€14 | -12.6% |
| Financial charges | 65/66B | €2,628 | €1,995 | -€633 | -24.1% |
| Recurring financial charges | 65 | €2,628 | €1,995 | -€633 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | €22,473 | €20,443 | -€2,030 | -9.0% |
| Income taxes | 67/77 | €4,488 | €4,513 | +€26 | +0.6% |
| Profit (loss) for the period | 9904 | €17,985 | €15,930 | -€2,056 | -11.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,985 | €15,930 | -€2,056 | -11.4% |
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 29 October 2026 via checked.be.