VBEélec: 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.
VBEélec
Largest movements
- Cash -€6,022
down €6,022 (-53.8%), from €11,186 to €5,165
mainly Other debts (-€8,962) and Net result for the year (-€4,044)
- Receivables within one year -€5,499
down €5,499 (-35.7%), from €15,407 to €9,908
of which Trade receivables: -€6,032
- Tangible fixed assets -€308
down €308 (-55.3%), from €558 to €250
- Other debts -€8,962
down €8,962 (-51.7%), from €17,321 to €8,359
- Profit (loss) carried forward -€4,044
down €4,044 (-18.3%), from -€22,051 to -€26,095
- Tax, wage and social debts +€849
up €849 (+311.8%), from €272 to €1,121
- Trade debts +€328
up €328 (+4.9%), from €6,691 to €7,019
- Purchases and services -€17,097
down €17,097 (-83.8%), from €20,399 to €3,302
- Turnover -€16,851
no longer reported in 2022 (was €16,851)
- Financial charges -€622
down €622 (-87.9%), from €707 to €86
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,151 | €15,322 | -€11,829 | -43.6% |
| Fixed assets | 21/28 | €558 | €250 | -€308 | -55.3% |
| Tangible fixed assets | 22/27 | €558 | €250 | -€308 | -55.3% |
| Plant, machinery and equipment | 23 | €558 | €250 | -€308 | -55.3% |
| Current assets | 29/58 | €26,593 | €15,072 | -€11,521 | -43.3% |
| Amounts receivable within one year | 40/41 | €15,407 | €9,908 | -€5,499 | -35.7% |
| Trade receivables | 40 | €12,200 | €6,168 | -€6,032 | -49.4% |
| Other amounts receivable | 41 | €3,207 | €3,739 | +€532 | +16.6% |
| Cash at bank and in hand | 54/58 | €11,186 | €5,165 | -€6,022 | -53.8% |
| Total equity and liabilities | 10/49 | €27,151 | €15,322 | -€11,829 | -43.6% |
| Equity | 10/15 | €2,867 | -€1,177 | -€4,044 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €6,318 | €6,318 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,318 | €6,318 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,051 | -€26,095 | -€4,044 | -18.3% |
| Amounts payable | 17/49 | €24,285 | €16,499 | -€7,786 | -32.1% |
| Amounts payable within one year | 42/48 | €24,285 | €16,499 | -€7,786 | -32.1% |
| Trade debts | 44 | €6,691 | €7,019 | +€328 | +4.9% |
| Suppliers | 440/4 | €6,691 | €7,019 | +€328 | +4.9% |
| Taxes, remuneration and social security | 45 | €272 | €1,121 | +€849 | +311.8% |
| Taxes | 450/3 | €272 | €1,121 | +€849 | +311.8% |
| Other amounts payable | 47/48 | €17,321 | €8,359 | -€8,962 | -51.7% |
| Turnover | 70 | €16,851 | - | -€16,851 | |
| Goods, raw materials, services and sundry goods | 60/61 | €20,399 | €3,302 | -€17,097 | -83.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €304 | €308 | +€4 | +1.3% |
| Other operating charges | 640/8 | €348 | €348 | = | 0.0% |
| Gross operating margin | 9900 | -€3,437 | -€3,302 | +€135 | +3.9% |
| Operating profit (loss) | 9901 | -€4,089 | -€3,958 | +€131 | +3.2% |
| Financial charges | 65/66B | €707 | €86 | -€622 | -87.9% |
| Recurring financial charges | 65 | €707 | €86 | -€622 | -87.9% |
| Profit (loss) for the period before taxes | 9903 | -€4,796 | -€4,044 | +€753 | +15.7% |
| Profit (loss) for the period | 9904 | -€4,796 | -€4,044 | +€753 | +15.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,796 | -€4,044 | +€753 | +15.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.