VACCOUNT: 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.
VACCOUNT
Largest movements
- Deferred charges and accrued income -€144,896
down €144,896 (-92.4%), from €156,896 to €12,000
- Cash -€21,204
down €21,204 (-21.0%), from €100,748 to €79,544
mainly Accrued charges and deferred income (-€156,532) and Other debts (-€18,571)
- Intangible fixed assets -€18,571
down €18,571 (-50.0%), from €37,143 to €18,571
- Receivables within one year -€12,929
down €12,929 (-26.1%), from €49,494 to €36,565
of which Trade receivables: -€9,542
- Accrued charges and deferred income -€156,532
no longer reported in 2025 (was €156,532)
- Other debts -€18,571
down €18,571 (-20.0%), from €92,857 to €74,286
- Trade debts -€17,818
down €17,818 (-56.9%), from €31,317 to €13,499
- Profit (loss) carried forward -€10,151
down €10,151 (-17.6%), from €57,788 to €47,637
- Tax, wage and social debts +€5,198
up €5,198 (+85.7%), from €6,064 to €11,262
of which Taxes: +€3,046
- Gross operating margin -€40,885
down €40,885 (-24.7%), from €165,465 to €124,580
- Write-downs -€29,844
no longer reported in 2025 (was €29,844)
- Staff costs +€9,125
up €9,125 (+8.7%), from €104,601 to €113,726
- Taxes -€4,520
down €4,520, from €3,500 to -€1,020
- Other operating charges +€3,694
up €3,694 (+432%), from €856 to €4,550
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 | €344,658 | €146,784 | -€197,875 | -57.4% |
| Fixed assets | 21/28 | €37,520 | €18,675 | -€18,845 | -50.2% |
| Intangible fixed assets | 21 | €37,143 | €18,571 | -€18,571 | -50.0% |
| Tangible fixed assets | 22/27 | €378 | €104 | -€274 | -72.5% |
| Furniture and vehicles | 24 | €378 | €104 | -€274 | -72.5% |
| Current assets | 29/58 | €307,138 | €128,108 | -€179,029 | -58.3% |
| Amounts receivable within one year | 40/41 | €49,494 | €36,565 | -€12,929 | -26.1% |
| Trade receivables | 40 | €45,721 | €36,179 | -€9,542 | -20.9% |
| Other amounts receivable | 41 | €3,773 | €385 | -€3,388 | -89.8% |
| Cash at bank and in hand | 54/58 | €100,748 | €79,544 | -€21,204 | -21.0% |
| Deferred charges and accrued income | 490/1 | €156,896 | €12,000 | -€144,896 | -92.4% |
| Total equity and liabilities | 10/49 | €344,658 | €146,784 | -€197,875 | -57.4% |
| Equity | 10/15 | €57,888 | €47,737 | -€10,151 | -17.5% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,788 | €47,637 | -€10,151 | -17.6% |
| Amounts payable | 17/49 | €286,770 | €99,047 | -€187,723 | -65.5% |
| Amounts payable within one year | 42/48 | €130,238 | €99,047 | -€31,191 | -23.9% |
| Trade debts | 44 | €31,317 | €13,499 | -€17,818 | -56.9% |
| Suppliers | 440/4 | €31,317 | €13,499 | -€17,818 | -56.9% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €6,064 | €11,262 | +€5,198 | +85.7% |
| Taxes | 450/3 | €3,720 | €6,766 | +€3,046 | +81.9% |
| Remuneration and social security | 454/9 | €2,345 | €4,496 | +€2,152 | +91.8% |
| Other amounts payable | 47/48 | €92,857 | €74,286 | -€18,571 | -20.0% |
| Accrued charges and deferred income | 492/3 | €156,532 | - | -€156,532 | |
| Remuneration, social security and pensions | 62 | €104,601 | €113,726 | +€9,125 | +8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,845 | €18,845 | +€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €29,844 | - | -€29,844 | |
| Other operating charges | 640/8 | €856 | €4,550 | +€3,694 | +432% |
| Gross operating margin | 9900 | €165,465 | €124,580 | -€40,885 | -24.7% |
| Operating profit (loss) | 9901 | €11,319 | -€12,541 | -€23,860 | |
| Financial income | 75/76B | €187 | €1,644 | +€1,457 | +779% |
| Recurring financial income | 75 | €187 | €1,644 | +€1,457 | +779% |
| Financial charges | 65/66B | €132 | €275 | +€143 | +109% |
| Recurring financial charges | 65 | €132 | €275 | +€143 | +109% |
| Profit (loss) for the period before taxes | 9903 | €11,374 | -€11,172 | -€22,546 | |
| Income taxes | 67/77 | €3,500 | -€1,020 | -€4,520 | |
| Profit (loss) for the period | 9904 | €7,874 | -€10,151 | -€18,026 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,874 | -€10,151 | -€18,026 |
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 24 October 2026 via checked.be.