VABI VibeS: 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.
VABI VibeS
Largest movements
- Tangible fixed assets -€36,914
down €36,914 (-34.8%), from €105,991 to €69,078
of which Furniture and vehicles: -€30,832
- Cash -€27,528
down €27,528 (-44.8%), from €61,381 to €33,853
mainly Receivables after one year (-€27,500) and Debts after one year (-€25,485)
- Receivables after one year +€27,500
new in 2025: €27,500
- Financial fixed assets -€22,935
no longer reported in 2025 (was €22,935)
- Receivables within one year +€11,036
up €11,036 (+35.0%), from €31,497 to €42,532
of which Other amounts receivable: +€13,412
- Debts after one year -€25,485
down €25,485 (-94.9%), from €26,846 to €1,361
- Reserves -€18,053
down €18,053 (-13.7%), from €132,103 to €114,050
- Tax, wage and social debts -€4,783
down €4,783 (-21.0%), from €22,738 to €17,955
- Trade debts +€4,633
up €4,633 (+433%), from €1,070 to €5,703
- Gross operating margin -€26,651
down €26,651 (-39.0%), from €68,342 to €41,691
- Taxes -€4,411
down €4,411 (-34.8%), from €12,684 to €8,273
- Depreciation -€1,905
down €1,905 (-4.9%), from €38,656 to €36,751
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 | €226,433 | €185,676 | -€40,757 | -18.0% |
| Fixed assets | 21/28 | €128,927 | €69,078 | -€59,849 | -46.4% |
| Tangible fixed assets | 22/27 | €105,991 | €69,078 | -€36,914 | -34.8% |
| Land and buildings | 22 | €31,556 | €26,053 | -€5,502 | -17.4% |
| Plant, machinery and equipment | 23 | €2,387 | €1,807 | -€580 | -24.3% |
| Furniture and vehicles | 24 | €72,049 | €41,217 | -€30,832 | -42.8% |
| Financial fixed assets | 28 | €22,935 | - | -€22,935 | |
| Current assets | 29/58 | €97,506 | €116,598 | +€19,092 | +19.6% |
| Amounts receivable after more than one year | 29 | - | €27,500 | +€27,500 | |
| Trade receivables | 290 | - | €27,500 | +€27,500 | |
| Amounts receivable within one year | 40/41 | €31,497 | €42,532 | +€11,036 | +35.0% |
| Trade receivables | 40 | €31,043 | €28,667 | -€2,377 | -7.7% |
| Other amounts receivable | 41 | €453 | €13,866 | +€13,412 | +2,958% |
| Cash at bank and in hand | 54/58 | €61,381 | €33,853 | -€27,528 | -44.8% |
| Deferred charges and accrued income | 490/1 | €4,628 | €12,713 | +€8,085 | +175% |
| Total equity and liabilities | 10/49 | €226,433 | €185,676 | -€40,757 | -18.0% |
| Equity | 10/15 | €150,703 | €132,650 | -€18,053 | -12.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €132,103 | €114,050 | -€18,053 | -13.7% |
| Distributable reserves | 133 | €132,103 | €114,050 | -€18,053 | -13.7% |
| Amounts payable | 17/49 | €75,730 | €53,026 | -€22,704 | -30.0% |
| Amounts payable after more than one year | 17 | €26,846 | €1,361 | -€25,485 | -94.9% |
| Financial debts | 170/4 | €26,846 | €1,361 | -€25,485 | -94.9% |
| Amounts payable within one year | 42/48 | €48,884 | €51,665 | +€2,781 | +5.7% |
| Current portion of amounts payable after more than one year | 42 | €24,906 | €25,485 | +€579 | +2.3% |
| Financial debts | 43 | €171 | €2,346 | +€2,175 | +1,272% |
| Credit institutions | 430/8 | €171 | €2,346 | +€2,175 | +1,272% |
| Trade debts | 44 | €1,070 | €5,703 | +€4,633 | +433% |
| Suppliers | 440/4 | €1,070 | €5,703 | +€4,633 | +433% |
| Taxes, remuneration and social security | 45 | €22,738 | €17,955 | -€4,783 | -21.0% |
| Taxes | 450/3 | €22,738 | €17,955 | -€4,783 | -21.0% |
| Other amounts payable | 47/48 | - | €177 | +€177 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,656 | €36,751 | -€1,905 | -4.9% |
| Other operating charges | 640/8 | €2,203 | €2,093 | -€110 | -5.0% |
| Non-recurring operating charges | 66A | - | €163 | +€163 | |
| Gross operating margin | 9900 | €68,342 | €41,691 | -€26,651 | -39.0% |
| Operating profit (loss) | 9901 | €27,483 | €2,684 | -€24,799 | -90.2% |
| Financial income | 75/76B | €1,389 | €1,589 | +€200 | +14.4% |
| Recurring financial income | 75 | €1,389 | €1,589 | +€200 | +14.4% |
| Financial charges | 65/66B | €1,856 | €2,053 | +€197 | +10.6% |
| Recurring financial charges | 65 | €1,856 | €2,053 | +€197 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | €27,016 | €2,220 | -€24,796 | -91.8% |
| Income taxes | 67/77 | €12,684 | €8,273 | -€4,411 | -34.8% |
| Profit (loss) for the period | 9904 | €14,332 | -€6,053 | -€20,385 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,332 | -€6,053 | -€20,385 |
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 25 October 2026 via checked.be.