VBK Logistics Automation: what changed
VBK Logistics Automation
Largest movements
- Receivables within one year +€84,908
up €84,908 (+73.9%), from €114,896 to €199,804
of which Other amounts receivable: +€143,639
- Tangible fixed assets +€42,649
up €42,649 (+403%), from €10,585 to €53,234
of which Furniture and vehicles: +€45,062
- Cash -€20,721
down €20,721 (-99.2%), from €20,882 to €161
mainly Other debts (-€570,000) and Net result for the year (-€568,371)
- Debts after one year +€1.3m
up €1.3m (+251%), from €500,000 to €1.8m
- Other debts -€570,000
down €570,000 (-100%), from €570,000 to €0
- Profit (loss) carried forward -€568,371
down €568,371 (-55.0%), from -€1.0m to -€1.6m
- Tax, wage and social debts -€10,563
down €10,563 (-99.2%), from €10,652 to €89
of which Remuneration and social security: -€10,563
- Depreciation -€212,542
down €212,542 (-98.3%), from €216,258 to €3,716
- Write-downs +€65,251
new in 2023: €65,251
- Staff costs -€64,889
down €64,889 (-81.4%), from €79,729 to €14,841
- Gross operating margin -€52,285
down €52,285 (-12.3%), from -€425,548 to -€477,833
- Other operating charges +€6,044
up €6,044 (+1,013%), from €596 to €6,640
Change in the result, 2022 to 2023
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €146,363 | €253,199 | +€106,836 | +73.0% |
| Fixed assets | 21/28 | €10,585 | €53,234 | +€42,649 | +403% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €10,585 | €53,234 | +€42,649 | +403% |
| Plant, machinery and equipment | 23 | €7,760 | €5,347 | -€2,413 | -31.1% |
| Furniture and vehicles | 24 | €2,825 | €47,887 | +€45,062 | +1,595% |
| Current assets | 29/58 | €135,778 | €199,965 | +€64,187 | +47.3% |
| Amounts receivable within one year | 40/41 | €114,896 | €199,804 | +€84,908 | +73.9% |
| Trade receivables | 40 | €111,951 | €53,220 | -€58,731 | -52.5% |
| Other amounts receivable | 41 | €2,945 | €146,584 | +€143,639 | +4,877% |
| Cash at bank and in hand | 54/58 | €20,882 | €161 | -€20,721 | -99.2% |
| Total equity and liabilities | 10/49 | €146,363 | €253,199 | +€106,836 | +73.0% |
| Equity | 10/15 | -€934,289 | -€1,502,660 | -€568,371 | -60.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,034,289 | -€1,602,660 | -€568,371 | -55.0% |
| Amounts payable | 17/49 | €1,080,652 | €1,755,859 | +€675,207 | +62.5% |
| Amounts payable after more than one year | 17 | €500,000 | €1,755,770 | +€1.3m | +251% |
| Other amounts payable | 178/9 | €500,000 | €1,755,770 | +€1.3m | +251% |
| Amounts payable within one year | 42/48 | €580,652 | €89 | -€580,563 | -100.0% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €10,652 | €89 | -€10,563 | -99.2% |
| Taxes | 450/3 | €89 | €89 | = | 0.0% |
| Remuneration and social security | 454/9 | €10,563 | €0 | -€10,563 | -100% |
| Other amounts payable | 47/48 | €570,000 | €0 | -€570,000 | -100% |
| Remuneration, social security and pensions | 62 | €79,729 | €14,841 | -€64,889 | -81.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €216,258 | €3,716 | -€212,542 | -98.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €65,251 | +€65,251 | |
| Other operating charges | 640/8 | €596 | €6,640 | +€6,044 | +1,013% |
| Gross operating margin | 9900 | -€425,548 | -€477,833 | -€52,285 | -12.3% |
| Operating profit (loss) | 9901 | -€722,131 | -€568,280 | +€153,851 | +21.3% |
| Financial charges | 65/66B | €84 | €92 | +€8 | +9.1% |
| Recurring financial charges | 65 | €84 | €92 | +€8 | +9.1% |
| Profit (loss) for the period before taxes | 9903 | -€722,215 | -€568,371 | +€153,844 | +21.3% |
| Income taxes | 67/77 | €89 | €0 | -€89 | -100% |
| Profit (loss) for the period | 9904 | -€722,305 | -€568,371 | +€153,933 | +21.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€722,305 | -€568,371 | +€153,933 | +21.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.