VABOLIS: 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.
VABOLIS
Largest movements
- Tangible fixed assets +€176,226
up €176,226 (+13.2%), from €1.3m to €1.5m
of which Land and buildings: +€182,037
- Contributions +€700,000
up €700,000 (+11290.3%), from €6,200 to €706,200
- Other debts -€436,899
down €436,899 (-29.9%), from €1.5m to €1.0m
- Profit (loss) carried forward -€86,094
down €86,094 (-74.9%), from -€114,920 to -€201,014
- Gross operating margin -€11,389
down €11,389 (-21.8%), from €52,190 to €40,801
- Depreciation -€3,206
down €3,206 (-8.3%), from €38,831 to €35,624
- Other operating charges +€904
up €904 (+11.2%), from €8,043 to €8,947
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 | €1,361,753 | €1,534,286 | +€172,533 | +12.7% |
| Fixed assets | 21/28 | €1,336,922 | €1,513,148 | +€176,226 | +13.2% |
| Tangible fixed assets | 22/27 | €1,336,922 | €1,513,148 | +€176,226 | +13.2% |
| Land and buildings | 22 | €1,330,308 | €1,512,345 | +€182,037 | +13.7% |
| Furniture and vehicles | 24 | €6,614 | €803 | -€5,811 | -87.9% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €24,832 | €21,138 | -€3,694 | -14.9% |
| Amounts receivable within one year | 40/41 | €3,228 | €758 | -€2,470 | -76.5% |
| Other amounts receivable | 41 | €3,228 | €758 | -€2,470 | -76.5% |
| Cash at bank and in hand | 54/58 | €18,125 | €14,543 | -€3,583 | -19.8% |
| Deferred charges and accrued income | 490/1 | €3,478 | €5,838 | +€2,359 | +67.8% |
| Total equity and liabilities | 10/49 | €1,361,753 | €1,534,286 | +€172,533 | +12.7% |
| Equity | 10/15 | -€108,305 | €505,601 | +€613,906 | |
| Contributions | 10/11 | €6,200 | €706,200 | +€700,000 | +11290.3% |
| Reserves | 13 | €415 | €415 | = | 0.0% |
| Non-distributable reserves | 130/1 | €415 | €415 | = | 0.0% |
| Reserves not available under the articles | 1311 | €415 | €415 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€114,920 | -€201,014 | -€86,094 | -74.9% |
| Amounts payable | 17/49 | €1,470,058 | €1,028,685 | -€441,373 | -30.0% |
| Amounts payable within one year | 42/48 | €1,466,223 | €1,024,674 | -€441,549 | -30.1% |
| Trade debts | 44 | €5,498 | €849 | -€4,650 | -84.6% |
| Suppliers | 440/4 | €5,498 | €849 | -€4,650 | -84.6% |
| Taxes, remuneration and social security | 45 | €379 | €379 | = | 0.0% |
| Taxes | 450/3 | €379 | €379 | = | 0.0% |
| Other amounts payable | 47/48 | €1,460,346 | €1,023,447 | -€436,899 | -29.9% |
| Accrued charges and deferred income | 492/3 | €3,835 | €4,011 | +€175 | +4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,831 | €35,624 | -€3,206 | -8.3% |
| Other operating charges | 640/8 | €8,043 | €8,947 | +€904 | +11.2% |
| Non-recurring operating charges | 66A | - | €81,818 | +€81,818 | |
| Gross operating margin | 9900 | €52,190 | €40,801 | -€11,389 | -21.8% |
| Operating profit (loss) | 9901 | €5,317 | -€85,588 | -€90,905 | |
| Financial income | 75/76B | €7 | €20 | +€14 | +201.9% |
| Recurring financial income | 75 | €7 | €20 | +€14 | +201.9% |
| Financial charges | 65/66B | €135 | €160 | +€25 | +18.6% |
| Recurring financial charges | 65 | €135 | €160 | +€25 | +18.6% |
| Profit (loss) for the period before taxes | 9903 | €5,189 | -€85,728 | -€90,917 | |
| Income taxes | 67/77 | €381 | €366 | -€15 | -3.9% |
| Profit (loss) for the period | 9904 | €4,808 | -€86,094 | -€90,902 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,808 | -€86,094 | -€90,902 |
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 29 September 2026 via checked.be.