VB Tools: what changed
Two fiscal 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.
What changed
VB Tools
NACE 46.720, Wholesale of motor vehicle parts and accessories
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€344,135
2024 · €315,315+€28,820
Equity
€1.5m
2024 · €1.3m+€244,135
Cash
€270,804
2024 · €261,353+€9,452
Balance sheet total
€2.4m
2024 · €2.0m+€343,131
Largest movements
Assets
- Receivables within one year +€412,142
up €412,142 (+60.6%), from €680,148 to €1.1m
of which Trade receivables: +€290,630
- Stocks and contracts -€101,269
down €101,269 (-11.3%), from €895,831 to €794,563
Equity and liabilities
- Reserves +€244,135
up €244,135 (+22.4%), from €1.1m to €1.3m
of which Distributable reserves: +€244,135
- Other debts +€89,212
up €89,212 (+826.9%), from €10,788 to €100,000
Income statement
- Gross operating margin +€169,668
up €169,668 (+14.4%), from €1.2m to €1.3m
- Staff costs +€100,015
up €100,015 (+15.5%), from €647,311 to €747,326
- Financial charges +€17,636
up €17,636 (+20.7%), from €85,304 to €102,940
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.
Result 2024
€315,315
Gross operating margin
+€169,668
Staff costs
-€100,015
Depreciation
-€11,484
Other operating charges
-€2,096
Financial income
-€5,121
Financial charges
-€17,636
Taxes
-€4,496
Result 2025
€344,135
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.
From operations
+€228,368
Investment
-€93,440
Financing
-€125,477
Cash 2024
€261,353
From operations (derived)
+€228,368
Net result for the year
+€344,135
Depreciation
+€73,819
Stocks and contracts
+€101,269
Receivables within one year
-€412,142
Deferred charges and accrued income
-€3,185
Trade debts
-€6,029
Tax, wage and social debts
+€16,174
Advances received
+€20,165
Other debts
+€89,212
Accrued charges and deferred income
+€4,950
Investment (derived)
-€93,440
Investment in fixed assets (net)
-€93,440
Financing
-€125,477
Debts after one year
-€15,552
Current portion of long-term debt
-€4,800
Short-term financial debts
-€5,125
Contributions, distributions and other
-€100,000
Cash 2025
€270,804
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,023,247 | €2,366,378 | +€343,131 | +17.0% |
| Fixed assets | 21/28 | €181,512 | €201,132 | +€19,620 | +10.8% |
| Tangible fixed assets | 22/27 | €181,512 | €201,132 | +€19,620 | +10.8% |
| Plant, machinery and equipment | 23 | €13,113 | €29,051 | +€15,939 | +121.6% |
| Furniture and vehicles | 24 | €43,810 | €53,457 | +€9,647 | +22.0% |
| Leasing and similar rights | 25 | €124,590 | €118,624 | -€5,965 | -4.8% |
| Current assets | 29/58 | €1,841,735 | €2,165,246 | +€323,511 | +17.6% |
| Stocks and contracts in progress | 3 | €895,831 | €794,563 | -€101,269 | -11.3% |
| Stocks | 30/36 | €895,831 | €794,563 | -€101,269 | -11.3% |
| Amounts receivable within one year | 40/41 | €680,148 | €1,092,291 | +€412,142 | +60.6% |
| Trade receivables | 40 | €672,470 | €963,101 | +€290,630 | +43.2% |
| Other amounts receivable | 41 | €7,678 | €129,190 | +€121,512 | +1582.6% |
| Cash at bank and in hand | 54/58 | €261,353 | €270,804 | +€9,452 | +3.6% |
| Deferred charges and accrued income | 490/1 | €4,403 | €7,588 | +€3,185 | +72.3% |
| Total equity and liabilities | 10/49 | €2,023,247 | €2,366,378 | +€343,131 | +17.0% |
| Equity | 10/15 | €1,300,114 | €1,544,249 | +€244,135 | +18.8% |
| Contributions | 10/11 | €211,500 | €211,500 | = | 0.0% |
| Capital | 10 | €211,500 | €211,500 | = | 0.0% |
| Issued capital | 100 | €211,500 | €211,500 | = | 0.0% |
| Reserves | 13 | €1,088,614 | €1,332,749 | +€244,135 | +22.4% |
| Non-distributable reserves | 130/1 | €24,966 | €24,966 | = | 0.0% |
| Legal reserve | 130 | €24,966 | €24,966 | = | 0.0% |
| Distributable reserves | 133 | €1,063,648 | €1,307,783 | +€244,135 | +23.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €723,133 | €822,129 | +€98,996 | +13.7% |
| Amounts payable after more than one year | 17 | €112,714 | €97,162 | -€15,552 | -13.8% |
| Financial debts | 170/4 | €112,714 | €97,162 | -€15,552 | -13.8% |
| Amounts payable within one year | 42/48 | €600,459 | €710,057 | +€109,598 | +18.3% |
| Current portion of amounts payable after more than one year | 42 | €54,731 | €49,932 | -€4,800 | -8.8% |
| Financial debts | 43 | €33,810 | €28,685 | -€5,125 | -15.2% |
| Credit institutions | 430/8 | €33,810 | €28,685 | -€5,125 | -15.2% |
| Trade debts | 44 | €168,737 | €162,709 | -€6,029 | -3.6% |
| Suppliers | 440/4 | €168,737 | €162,709 | -€6,029 | -3.6% |
| Advances received on contracts in progress | 46 | €161,495 | €181,661 | +€20,165 | +12.5% |
| Taxes, remuneration and social security | 45 | €170,898 | €187,072 | +€16,174 | +9.5% |
| Taxes | 450/3 | €111,373 | €116,901 | +€5,527 | +5.0% |
| Remuneration and social security | 454/9 | €59,524 | €70,171 | +€10,647 | +17.9% |
| Other amounts payable | 47/48 | €10,788 | €100,000 | +€89,212 | +826.9% |
| Accrued charges and deferred income | 492/3 | €9,960 | €14,910 | +€4,950 | +49.7% |
| Remuneration, social security and pensions | 62 | €647,311 | €747,326 | +€100,015 | +15.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,335 | €73,819 | +€11,484 | +18.4% |
| Other operating charges | 640/8 | €4,579 | €6,675 | +€2,096 | +45.8% |
| Gross operating margin | 9900 | €1,175,832 | €1,345,501 | +€169,668 | +14.4% |
| Operating profit (loss) | 9901 | €461,607 | €517,681 | +€56,073 | +12.1% |
| Financial income | 75/76B | €56,512 | €51,391 | -€5,121 | -9.1% |
| Recurring financial income | 75 | €56,512 | €51,391 | -€5,121 | -9.1% |
| Financial charges | 65/66B | €85,304 | €102,940 | +€17,636 | +20.7% |
| Recurring financial charges | 65 | €85,304 | €102,940 | +€17,636 | +20.7% |
| Profit (loss) for the period before taxes | 9903 | €432,815 | €466,131 | +€33,316 | +7.7% |
| Income taxes | 67/77 | €117,500 | €121,996 | +€4,496 | +3.8% |
| Profit (loss) for the period | 9904 | €315,315 | €344,135 | +€28,820 | +9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €315,315 | €344,135 | +€28,820 | +9.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.