VABRO HOLDING: what changed
What changed
VABRO HOLDING
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€1,753
2024 · €57,908-€56,156
Equity
€59,661
2024 · €57,908+€1,753
Cash
-
not filed
Balance sheet total
€538,727
2024 · €570,242-€31,515
Largest movements
Assets
- Receivables within one year -€31,515
down €31,515 (-63.3%), from €49,774 to €18,259
of which Other amounts receivable: -€49,155
Equity and liabilities
- Debts after one year -€30,754
down €30,754 (-6.6%), from €468,904 to €438,150
- Current portion of long-term debt -€7,635
down €7,635 (-21.2%), from €36,026 to €28,392
Income statement
- Gross operating margin -€75,705
down €75,705 (-83.3%), from €90,870 to €15,166
- Taxes -€18,674
down €18,674 (-96.7%), from €19,302 to €628
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€57,908
Gross operating margin
-€75,705
Other operating charges
+€630
Financial income
+€79
Financial charges
+€165
Taxes
+€18,674
Result 2025
€1,753
raises the resultlowers the result
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €570,242 | €538,727 | -€31,515 | -5.5% |
| Fixed assets | 21/28 | €520,000 | €520,000 | = | 0.0% |
| Financial fixed assets | 28 | €520,000 | €520,000 | = | 0.0% |
| Current assets | 29/58 | €50,242 | €18,727 | -€31,515 | -62.7% |
| Amounts receivable within one year | 40/41 | €49,774 | €18,259 | -€31,515 | -63.3% |
| Trade receivables | 40 | - | €17,640 | +€17,640 | |
| Other amounts receivable | 41 | €49,774 | €619 | -€49,155 | -98.8% |
| Deferred charges and accrued income | 490/1 | €468 | €467 | -€0 | -0.1% |
| Total equity and liabilities | 10/49 | €570,242 | €538,727 | -€31,515 | -5.5% |
| Equity | 10/15 | €57,908 | €59,661 | +€1,753 | +3.0% |
| Profit (loss) carried forward | 14 | €57,908 | €59,661 | +€1,753 | +3.0% |
| Amounts payable | 17/49 | €512,333 | €479,065 | -€33,268 | -6.5% |
| Amounts payable after more than one year | 17 | €468,904 | €438,150 | -€30,754 | -6.6% |
| Financial debts | 170/4 | €468,904 | €438,150 | -€30,754 | -6.6% |
| Amounts payable within one year | 42/48 | €43,429 | €40,915 | -€2,514 | -5.8% |
| Current portion of amounts payable after more than one year | 42 | €36,026 | €28,392 | -€7,635 | -21.2% |
| Financial debts | 43 | €2,004 | €2,848 | +€843 | +42.1% |
| Credit institutions | 430/8 | €2,004 | €2,848 | +€843 | +42.1% |
| Trade debts | 44 | €1,096 | €746 | -€350 | -32.0% |
| Suppliers | 440/4 | €1,096 | €746 | -€350 | -32.0% |
| Taxes, remuneration and social security | 45 | €4,302 | €4,931 | +€628 | +14.6% |
| Taxes | 450/3 | €4,302 | €4,931 | +€628 | +14.6% |
| Other amounts payable | 47/48 | - | €4,000 | +€4,000 | |
| Other operating charges | 640/8 | €898 | €268 | -€630 | -70.2% |
| Gross operating margin | 9900 | €90,870 | €15,166 | -€75,705 | -83.3% |
| Operating profit (loss) | 9901 | €89,972 | €14,898 | -€75,074 | -83.4% |
| Financial income | 75/76B | - | €79 | +€79 | |
| Recurring financial income | 75 | - | €79 | +€79 | |
| Financial charges | 65/66B | €12,761 | €12,595 | -€165 | -1.3% |
| Recurring financial charges | 65 | €12,761 | €12,595 | -€165 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €77,211 | €2,381 | -€74,830 | -96.9% |
| Income taxes | 67/77 | €19,302 | €628 | -€18,674 | -96.7% |
| Profit (loss) for the period | 9904 | €57,908 | €1,753 | -€56,156 | -97.0% |
| Profit (loss) for the period to be appropriated | 9905 | €57,908 | €1,753 | -€56,156 | -97.0% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.