VAV: 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.
VAV
Largest movements
- Cash -€4,697
down €4,697 (-36.5%), from €12,876 to €8,179
mainly Net result for the year (-€4,007) and Receivables within one year (-€659)
- Profit (loss) carried forward -€4,007
down €4,007 (-26.2%), from €15,277 to €11,269
- Other operating charges -€187
down €187 (-93.3%), from €200 to €13
- Gross operating margin +€83
up €83 (+2.0%), from -€4,077 to -€3,994
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €157,180 | €153,182 | -€3,998 | -2.5% |
| Fixed assets | 21/28 | - | €40 | +€40 | |
| Financial fixed assets | 28 | - | €40 | +€40 | |
| Current assets | 29/58 | €157,180 | €153,142 | -€4,038 | -2.6% |
| Amounts receivable after more than one year | 29 | €123,000 | €123,000 | = | 0.0% |
| Other amounts receivable | 291 | €123,000 | €123,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €21,305 | €21,964 | +€659 | +3.1% |
| Other amounts receivable | 41 | €21,305 | €21,964 | +€659 | +3.1% |
| Cash at bank and in hand | 54/58 | €12,876 | €8,179 | -€4,697 | -36.5% |
| Total equity and liabilities | 10/49 | €157,180 | €153,182 | -€3,998 | -2.5% |
| Equity | 10/15 | €34,536 | €30,529 | -€4,007 | -11.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €660 | €660 | = | 0.0% |
| Non-distributable reserves | 130/1 | €660 | €660 | = | 0.0% |
| Reserves not available under the articles | 1311 | €660 | €660 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,277 | €11,269 | -€4,007 | -26.2% |
| Amounts payable | 17/49 | €122,644 | €122,654 | +€9 | 0.0% |
| Amounts payable after more than one year | 17 | €120,000 | €120,000 | = | 0.0% |
| Financial debts | 170/4 | €120,000 | €120,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,644 | €2,654 | +€9 | +0.4% |
| Trade debts | 44 | €2,644 | €2,654 | +€9 | +0.4% |
| Suppliers | 440/4 | €2,644 | €2,654 | +€9 | +0.4% |
| Non-recurring operating income | 76A | €1,600 | €0 | -€1,600 | -100% |
| Other operating charges | 640/8 | €200 | €13 | -€187 | -93.3% |
| Gross operating margin | 9900 | -€4,077 | -€3,994 | +€83 | +2.0% |
| Operating profit (loss) | 9901 | -€4,277 | -€4,007 | +€269 | +6.3% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €0 | €0 | -€0 | -76.5% |
| Recurring financial charges | 65 | €0 | €0 | -€0 | -76.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,277 | -€4,007 | +€269 | +6.3% |
| Profit (loss) for the period | 9904 | -€4,277 | -€4,007 | +€269 | +6.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,277 | -€4,007 | +€269 | +6.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.