vbkoncept: 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.
vbkoncept
Largest movements
- Cash -€31,418
down €31,418 (-22.9%), from €137,088 to €105,670
mainly Other debts (-€21,684) and Investment in fixed assets (net) (-€9,629)
- Receivables within one year +€8,358
up €8,358 (+40.5%), from €20,652 to €29,010
of which Other amounts receivable: +€12,308
- Tangible fixed assets -€3,780
down €3,780 (-15.9%), from €23,698 to €19,918
of which Furniture and vehicles: -€10,403
- Other debts -€21,684
down €21,684 (-69.6%), from €31,146 to €9,463
- Profit (loss) carried forward -€2,660
down €2,660, from €0 to -€2,660
- Gross operating margin -€30,492
down €30,492 (-69.6%), from €43,834 to €13,343
- Taxes -€6,443
down €6,443 (-84.2%), from €7,648 to €1,206
- Depreciation +€806
up €806 (+6.4%), from €12,602 to €13,409
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 | €183,635 | €158,213 | -€25,421 | -13.8% |
| Fixed assets | 21/28 | €23,698 | €19,918 | -€3,780 | -15.9% |
| Tangible fixed assets | 22/27 | €23,698 | €19,918 | -€3,780 | -15.9% |
| Plant, machinery and equipment | 23 | €861 | €0 | -€861 | -100.0% |
| Furniture and vehicles | 24 | €15,026 | €4,623 | -€10,403 | -69.2% |
| Other tangible fixed assets | 26 | €7,811 | €15,295 | +€7,484 | +95.8% |
| Current assets | 29/58 | €159,937 | €138,295 | -€21,641 | -13.5% |
| Amounts receivable within one year | 40/41 | €20,652 | €29,010 | +€8,358 | +40.5% |
| Trade receivables | 40 | €16,300 | €12,350 | -€3,950 | -24.2% |
| Other amounts receivable | 41 | €4,352 | €16,659 | +€12,308 | +282.8% |
| Cash at bank and in hand | 54/58 | €137,088 | €105,670 | -€31,418 | -22.9% |
| Deferred charges and accrued income | 490/1 | €2,197 | €3,616 | +€1,419 | +64.6% |
| Total equity and liabilities | 10/49 | €183,635 | €158,213 | -€25,421 | -13.8% |
| Equity | 10/15 | €148,679 | €146,018 | -€2,660 | -1.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €143,679 | €143,679 | = | 0.0% |
| Distributable reserves | 133 | €143,679 | €143,679 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€2,660 | -€2,660 | |
| Amounts payable | 17/49 | €34,956 | €12,195 | -€22,761 | -65.1% |
| Amounts payable within one year | 42/48 | €34,655 | €11,447 | -€23,209 | -67.0% |
| Trade debts | 44 | €122 | €278 | +€156 | +127.9% |
| Suppliers | 440/4 | €122 | €278 | +€156 | +127.9% |
| Taxes, remuneration and social security | 45 | €3,387 | €1,706 | -€1,681 | -49.6% |
| Taxes | 450/3 | €3,387 | €1,706 | -€1,681 | -49.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €31,146 | €9,463 | -€21,684 | -69.6% |
| Accrued charges and deferred income | 492/3 | €300 | €748 | +€448 | +149.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,602 | €13,409 | +€806 | +6.4% |
| Other operating charges | 640/8 | €1,244 | €1,223 | -€21 | -1.7% |
| Gross operating margin | 9900 | €43,834 | €13,343 | -€30,492 | -69.6% |
| Operating profit (loss) | 9901 | €29,988 | -€1,289 | -€31,276 | |
| Financial charges | 65/66B | €208 | €166 | -€41 | -20.0% |
| Recurring financial charges | 65 | €208 | €166 | -€41 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | €29,780 | -€1,455 | -€31,235 | |
| Income taxes | 67/77 | €7,648 | €1,206 | -€6,443 | -84.2% |
| Profit (loss) for the period | 9904 | €22,132 | -€2,660 | -€24,792 | |
| Profit (loss) for the period to be appropriated | 9905 | €22,132 | -€2,660 | -€24,792 |
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 2 October 2026 via checked.be.