VAT Point: 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.
VAT Point
Largest movements
- Cash -€787
down €787 (-2.8%), from €27,954 to €27,167
mainly Net result for the year (-€1,697)
- Reserves -€1,697
down €1,697 (-11.3%), from €14,997 to €13,300
- Trade debts +€524
up €524 (+3495.5%), from €15 to €539
- Depreciation -€370
down €370 (-58.1%), from €637 to €267
- Other operating charges -€60
down €60 (-24.3%), from €245 to €186
- Financial charges -€26
down €26 (-26.4%), from €99 to €73
- Gross operating margin +€21
up €21 (+1.7%), from -€1,192 to -€1,171
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 | €28,578 | €27,405 | -€1,172 | -4.1% |
| Fixed assets | 21/28 | €413 | €146 | -€267 | -64.6% |
| Tangible fixed assets | 22/27 | €413 | €146 | -€267 | -64.6% |
| Furniture and vehicles | 24 | €413 | €146 | -€267 | -64.6% |
| Current assets | 29/58 | €28,165 | €27,259 | -€906 | -3.2% |
| Amounts receivable within one year | 40/41 | €211 | €92 | -€119 | -56.5% |
| Other amounts receivable | 41 | €211 | €92 | -€119 | -56.5% |
| Cash at bank and in hand | 54/58 | €27,954 | €27,167 | -€787 | -2.8% |
| Total equity and liabilities | 10/49 | €28,578 | €27,405 | -€1,172 | -4.1% |
| Equity | 10/15 | €17,997 | €16,300 | -€1,697 | -9.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €14,997 | €13,300 | -€1,697 | -11.3% |
| Distributable reserves | 133 | €14,997 | €13,300 | -€1,697 | -11.3% |
| Amounts payable | 17/49 | €10,581 | €11,105 | +€524 | +5.0% |
| Amounts payable within one year | 42/48 | €10,581 | €11,105 | +€524 | +5.0% |
| Trade debts | 44 | €15 | €539 | +€524 | +3495.5% |
| Suppliers | 440/4 | €15 | €539 | +€524 | +3495.5% |
| Other amounts payable | 47/48 | €10,566 | €10,566 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €637 | €267 | -€370 | -58.1% |
| Other operating charges | 640/8 | €245 | €186 | -€60 | -24.3% |
| Gross operating margin | 9900 | -€1,192 | -€1,171 | +€21 | +1.7% |
| Operating profit (loss) | 9901 | -€2,074 | -€1,624 | +€450 | +21.7% |
| Financial charges | 65/66B | €99 | €73 | -€26 | -26.4% |
| Recurring financial charges | 65 | €99 | €73 | -€26 | -26.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,173 | -€1,697 | +€477 | +21.9% |
| Profit (loss) for the period | 9904 | -€2,173 | -€1,697 | +€477 | +21.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,173 | -€1,697 | +€477 | +21.9% |
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 10 October 2026 via checked.be.