Vakpro: 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.
Vakpro
Largest movements
- Cash +€40,716
up €40,716 (+32.3%), from €126,143 to €166,858
mainly Net result for the year (+€47,282) and Depreciation (+€15,996)
- Reserves +€47,282
up €47,282 (+2.8%), from €1.7m to €1.7m
- Trade debts -€30,154
down €30,154 (-89.9%), from €33,557 to €3,403
- Financial income -€1.2m
down €1.2m (-100%), from €1.2m to €0
- Gross operating margin +€15,869
up €15,869 (+25.3%), from €62,604 to €78,473
- Financial charges -€5,322
down €5,322 (-85.7%), from €6,208 to €886
- Taxes +€4,376
up €4,376 (+49.7%), from €8,805 to €13,181
- Depreciation +€1,817
up €1,817 (+12.8%), from €14,178 to €15,996
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 | €1,759,484 | €1,782,958 | +€23,474 | +1.3% |
| Fixed assets | 21/28 | €1,632,095 | €1,616,100 | -€15,996 | -1.0% |
| Tangible fixed assets | 22/27 | €1,632,095 | €1,616,100 | -€15,996 | -1.0% |
| Land and buildings | 22 | €1,632,095 | €1,616,100 | -€15,996 | -1.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €127,389 | €166,858 | +€39,470 | +31.0% |
| Amounts receivable within one year | 40/41 | €1,246 | €0 | -€1,246 | -100% |
| Other amounts receivable | 41 | €1,246 | €0 | -€1,246 | -100% |
| Cash at bank and in hand | 54/58 | €126,143 | €166,858 | +€40,716 | +32.3% |
| Total equity and liabilities | 10/49 | €1,759,484 | €1,782,958 | +€23,474 | +1.3% |
| Equity | 10/15 | €1,686,622 | €1,733,904 | +€47,282 | +2.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €1,681,622 | €1,728,904 | +€47,282 | +2.8% |
| Distributable reserves | 133 | €1,681,622 | €1,728,904 | +€47,282 | +2.8% |
| Amounts payable | 17/49 | €72,862 | €49,054 | -€23,808 | -32.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €72,862 | €49,054 | -€23,808 | -32.7% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €33,557 | €3,403 | -€30,154 | -89.9% |
| Suppliers | 440/4 | €33,557 | €3,403 | -€30,154 | -89.9% |
| Taxes, remuneration and social security | 45 | €8,805 | €15,151 | +€6,346 | +72.1% |
| Taxes | 450/3 | €8,805 | €15,151 | +€6,346 | +72.1% |
| Other amounts payable | 47/48 | €30,500 | €30,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,178 | €15,996 | +€1,817 | +12.8% |
| Other operating charges | 640/8 | €707 | €1,128 | +€421 | +59.5% |
| Gross operating margin | 9900 | €62,604 | €78,473 | +€15,869 | +25.3% |
| Operating profit (loss) | 9901 | €47,719 | €61,349 | +€13,631 | +28.6% |
| Financial income | 75/76B | €1,221,091 | €0 | -€1.2m | -100% |
| Recurring financial income | 75 | €1,221,091 | €0 | -€1.2m | -100% |
| Financial charges | 65/66B | €6,208 | €886 | -€5,322 | -85.7% |
| Recurring financial charges | 65 | €6,208 | €886 | -€5,322 | -85.7% |
| Profit (loss) for the period before taxes | 9903 | €1,262,602 | €60,463 | -€1.2m | -95.2% |
| Income taxes | 67/77 | €8,805 | €13,181 | +€4,376 | +49.7% |
| Profit (loss) for the period | 9904 | €1,253,797 | €47,282 | -€1.2m | -96.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,253,797 | €47,282 | -€1.2m | -96.2% |
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 29 October 2026 via checked.be.