VB-technics: 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.
VB-technics
Largest movements
- Receivables within one year +€16,969
up €16,969 (+34.6%), from €49,072 to €66,042
of which Other amounts receivable: +€10,895
- Deferred charges and accrued income -€3,385
down €3,385 (-100.0%), from €3,385 to €0
- Tangible fixed assets -€1,714
down €1,714 (-55.3%), from €3,100 to €1,386
- Reserves +€9,383
up €9,383 (+18.2%), from €51,514 to €60,897
- Tax, wage and social debts +€4,098
up €4,098 (+260.4%), from €1,574 to €5,672
- Current portion of long-term debt -€1,515
down €1,515 (-23.3%), from €6,500 to €4,985
- Gross operating margin -€5,705
down €5,705 (-26.8%), from €21,304 to €15,598
- Taxes -€1,149
down €1,149 (-27.0%), from €4,250 to €3,101
- Other operating charges +€646
up €646 (+67.5%), from €957 to €1,603
- Financial income +€482
up €482 (+212.0%), from €227 to €709
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 | €65,712 | €78,251 | +€12,540 | +19.1% |
| Fixed assets | 21/28 | €3,100 | €1,386 | -€1,714 | -55.3% |
| Tangible fixed assets | 22/27 | €3,100 | €1,386 | -€1,714 | -55.3% |
| Furniture and vehicles | 24 | €3,100 | €1,386 | -€1,714 | -55.3% |
| Current assets | 29/58 | €62,611 | €76,865 | +€14,254 | +22.8% |
| Stocks and contracts in progress | 3 | €2,570 | €2,706 | +€136 | +5.3% |
| Stocks | 30/36 | €2,570 | €2,706 | +€136 | +5.3% |
| Amounts receivable within one year | 40/41 | €49,072 | €66,042 | +€16,969 | +34.6% |
| Trade receivables | 40 | €44,098 | €50,173 | +€6,074 | +13.8% |
| Other amounts receivable | 41 | €4,974 | €15,869 | +€10,895 | +219.0% |
| Cash at bank and in hand | 54/58 | €7,584 | €8,118 | +€534 | +7.0% |
| Deferred charges and accrued income | 490/1 | €3,385 | €0 | -€3,385 | -100.0% |
| Total equity and liabilities | 10/49 | €65,712 | €78,251 | +€12,540 | +19.1% |
| Equity | 10/15 | €55,514 | €64,897 | +€9,383 | +16.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €51,514 | €60,897 | +€9,383 | +18.2% |
| Distributable reserves | 133 | €51,514 | €60,897 | +€9,383 | +18.2% |
| Amounts payable | 17/49 | €10,198 | €13,355 | +€3,157 | +31.0% |
| Amounts payable within one year | 42/48 | €10,198 | €13,355 | +€3,157 | +31.0% |
| Current portion of amounts payable after more than one year | 42 | €6,500 | €4,985 | -€1,515 | -23.3% |
| Trade debts | 44 | €2,124 | €2,698 | +€573 | +27.0% |
| Suppliers | 440/4 | €2,124 | €2,698 | +€573 | +27.0% |
| Taxes, remuneration and social security | 45 | €1,574 | €5,672 | +€4,098 | +260.4% |
| Taxes | 450/3 | €1,574 | €5,672 | +€4,098 | +260.4% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | - | €55 | +€55 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,613 | €1,714 | +€101 | +6.3% |
| Other operating charges | 640/8 | €957 | €1,603 | +€646 | +67.5% |
| Gross operating margin | 9900 | €21,304 | €15,598 | -€5,705 | -26.8% |
| Operating profit (loss) | 9901 | €18,734 | €12,226 | -€6,508 | -34.7% |
| Financial income | 75/76B | €227 | €709 | +€482 | +212.0% |
| Recurring financial income | 75 | €227 | €709 | +€482 | +212.0% |
| Financial charges | 65/66B | €620 | €451 | -€169 | -27.2% |
| Recurring financial charges | 65 | €620 | €451 | -€169 | -27.2% |
| Profit (loss) for the period before taxes | 9903 | €18,341 | €12,484 | -€5,857 | -31.9% |
| Income taxes | 67/77 | €4,250 | €3,101 | -€1,149 | -27.0% |
| Profit (loss) for the period | 9904 | €14,091 | €9,383 | -€4,708 | -33.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,091 | €9,383 | -€4,708 | -33.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.