VAYBOUW: 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.
VAYBOUW
Largest movements
- Receivables within one year -€82,400
down €82,400 (-14.2%), from €579,493 to €497,092
of which Trade receivables: -€119,508
- Trade debts -€106,717
down €106,717 (-19.3%), from €554,143 to €447,426
of which Bills of exchange payable: -€257,529
- Profit (loss) carried forward +€14,683
up €14,683 (+49.1%), from €29,890 to €44,573
- Gross operating margin -€60,433
down €60,433, from €38,030 to -€22,403
- Write-downs -€46,199
down €46,199, from €2,475 to -€43,724
- Depreciation -€3,728
down €3,728 (-61.4%), from €6,073 to €2,344
- Financial income +€3,254
up €3,254 (+20,302%), from €16 to €3,270
- Taxes -€455
down €455 (-7.6%), from €6,000 to €5,545
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 | €597,145 | €510,519 | -€86,626 | -14.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €5,478 | €3,133 | -€2,344 | -42.8% |
| Tangible fixed assets | 22/27 | €5,478 | €3,133 | -€2,344 | -42.8% |
| Plant, machinery and equipment | 23 | €4,229 | €2,802 | -€1,427 | -33.7% |
| Furniture and vehicles | 24 | €1,249 | €332 | -€917 | -73.4% |
| Current assets | 29/58 | €591,667 | €507,386 | -€84,281 | -14.2% |
| Amounts receivable within one year | 40/41 | €579,493 | €497,092 | -€82,400 | -14.2% |
| Trade receivables | 40 | €533,986 | €414,479 | -€119,508 | -22.4% |
| Other amounts receivable | 41 | €45,506 | €82,614 | +€37,107 | +81.5% |
| Cash at bank and in hand | 54/58 | €10,846 | €7,075 | -€3,771 | -34.8% |
| Deferred charges and accrued income | 490/1 | €1,329 | €3,218 | +€1,890 | +142% |
| Total equity and liabilities | 10/49 | €597,145 | €510,519 | -€86,626 | -14.5% |
| Equity | 10/15 | €36,710 | €51,393 | +€14,683 | +40.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Other | 1319 | €620 | €620 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €29,890 | €44,573 | +€14,683 | +49.1% |
| Amounts payable | 17/49 | €560,435 | €459,126 | -€101,309 | -18.1% |
| Amounts payable within one year | 42/48 | €560,435 | €459,126 | -€101,309 | -18.1% |
| Trade debts | 44 | €554,143 | €447,426 | -€106,717 | -19.3% |
| Suppliers | 440/4 | €296,614 | €447,426 | +€150,812 | +50.8% |
| Bills of exchange payable | 441 | €257,529 | - | -€257,529 | |
| Taxes, remuneration and social security | 45 | €6,292 | €11,700 | +€5,408 | +86.0% |
| Taxes | 450/3 | €6,292 | €11,700 | +€5,408 | +86.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,073 | €2,344 | -€3,728 | -61.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,475 | -€43,724 | -€46,199 | |
| Other operating charges | 640/8 | €2,270 | €1,929 | -€340 | -15.0% |
| Gross operating margin | 9900 | €38,030 | -€22,403 | -€60,433 | |
| Operating profit (loss) | 9901 | €27,212 | €17,048 | -€10,165 | -37.4% |
| Financial income | 75/76B | €16 | €3,270 | +€3,254 | +20,302% |
| Recurring financial income | 75 | €16 | €3,270 | +€3,254 | +20,302% |
| Financial charges | 65/66B | €81 | €90 | +€10 | +12.1% |
| Recurring financial charges | 65 | €81 | €90 | +€10 | +12.1% |
| Profit (loss) for the period before taxes | 9903 | €27,148 | €20,228 | -€6,920 | -25.5% |
| Income taxes | 67/77 | €6,000 | €5,545 | -€455 | -7.6% |
| Profit (loss) for the period | 9904 | €21,148 | €14,683 | -€6,465 | -30.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,148 | €14,683 | -€6,465 | -30.6% |
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 18 October 2026 via checked.be.