VAGAME: 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.
VAGAME
Largest movements
- Cash +€126,121
up €126,121 (+68.7%), from €183,619 to €309,739
mainly Net result for the year (+€169,640) and Receivables within one year (+€59,865)
- Receivables within one year -€59,865
down €59,865 (-10.8%), from €556,733 to €496,868
of which Trade receivables: -€59,865
- Tangible fixed assets +€39,658
up €39,658 (+127.3%), from €31,157 to €70,815
of which Furniture and vehicles: +€42,781
- Reserves +€169,640
up €169,640 (+25.0%), from €679,611 to €849,251
of which Distributable reserves: +€169,640
- Trade debts -€96,794
down €96,794 (-23.5%), from €412,600 to €315,806
- Tax, wage and social debts +€38,232
up €38,232 (+145.3%), from €26,304 to €64,536
of which Taxes: +€36,907
- Gross operating margin +€100,781
up €100,781 (+32.2%), from €312,865 to €413,645
- Taxes +€27,593
up €27,593 (+52.9%), from €52,120 to €79,713
- Staff costs +€7,646
up €7,646 (+6.1%), from €124,895 to €132,542
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 | €1,150,585 | €1,261,663 | +€111,078 | +9.7% |
| Fixed assets | 21/28 | €31,427 | €71,085 | +€39,658 | +126.2% |
| Tangible fixed assets | 22/27 | €31,157 | €70,815 | +€39,658 | +127.3% |
| Plant, machinery and equipment | 23 | €5,326 | €3,046 | -€2,280 | -42.8% |
| Furniture and vehicles | 24 | €20,876 | €63,657 | +€42,781 | +204.9% |
| Other tangible fixed assets | 26 | €4,956 | €4,113 | -€843 | -17.0% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €1,119,158 | €1,190,577 | +€71,420 | +6.4% |
| Stocks and contracts in progress | 3 | €375,624 | €380,796 | +€5,172 | +1.4% |
| Stocks | 30/36 | €375,624 | €380,796 | +€5,172 | +1.4% |
| Amounts receivable within one year | 40/41 | €556,733 | €496,868 | -€59,865 | -10.8% |
| Trade receivables | 40 | €552,765 | €492,900 | -€59,865 | -10.8% |
| Other amounts receivable | 41 | €3,968 | €3,968 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €183,619 | €309,739 | +€126,121 | +68.7% |
| Deferred charges and accrued income | 490/1 | €3,181 | €3,174 | -€8 | -0.2% |
| Total equity and liabilities | 10/49 | €1,150,585 | €1,261,663 | +€111,078 | +9.7% |
| Equity | 10/15 | €711,681 | €881,321 | +€169,640 | +23.8% |
| Contributions | 10/11 | €8,055 | €8,055 | = | 0.0% |
| Reserves | 13 | €679,611 | €849,251 | +€169,640 | +25.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €234 | €234 | = | 0.0% |
| Distributable reserves | 133 | €679,376 | €849,016 | +€169,640 | +25.0% |
| Profit (loss) carried forward | 14 | €24,016 | €24,016 | = | 0.0% |
| Amounts payable | 17/49 | €438,904 | €380,342 | -€58,562 | -13.3% |
| Amounts payable within one year | 42/48 | €438,904 | €380,342 | -€58,562 | -13.3% |
| Trade debts | 44 | €412,600 | €315,806 | -€96,794 | -23.5% |
| Suppliers | 440/4 | €412,600 | €315,806 | -€96,794 | -23.5% |
| Taxes, remuneration and social security | 45 | €26,304 | €64,536 | +€38,232 | +145.3% |
| Taxes | 450/3 | €4,617 | €41,524 | +€36,907 | +799.4% |
| Remuneration and social security | 454/9 | €21,687 | €23,011 | +€1,324 | +6.1% |
| Remuneration, social security and pensions | 62 | €124,895 | €132,542 | +€7,646 | +6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,741 | €26,730 | +€1,989 | +8.0% |
| Other operating charges | 640/8 | €3,170 | €2,871 | -€298 | -9.4% |
| Gross operating margin | 9900 | €312,865 | €413,645 | +€100,781 | +32.2% |
| Operating profit (loss) | 9901 | €160,059 | €251,502 | +€91,443 | +57.1% |
| Financial income | 75/76B | €704 | €1,510 | +€806 | +114.5% |
| Recurring financial income | 75 | €704 | €1,510 | +€806 | +114.5% |
| Financial charges | 65/66B | €3,605 | €3,660 | +€54 | +1.5% |
| Recurring financial charges | 65 | €3,605 | €3,660 | +€54 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €157,158 | €249,353 | +€92,195 | +58.7% |
| Income taxes | 67/77 | €52,120 | €79,713 | +€27,593 | +52.9% |
| Profit (loss) for the period | 9904 | €105,038 | €169,640 | +€64,602 | +61.5% |
| Profit (loss) for the period to be appropriated | 9905 | €105,038 | €169,640 | +€64,602 | +61.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.