VBRent: 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.
VBRent
Largest movements
- Receivables within one year +€2,561
up €2,561 (+10.7%), from €23,978 to €26,539
of which Trade receivables: +€1,632
- Tangible fixed assets -€2,557
down €2,557 (-23.8%), from €10,749 to €8,192
of which Furniture and vehicles: -€2,011
- Cash -€437
no longer reported in 2025 (was €437)
mainly Trade debts (-€4,594) and Debts after one year (-€2,603)
- Trade debts -€4,594
down €4,594 (-57.7%), from €7,967 to €3,373
- Tax, wage and social debts +€4,151
up €4,151 (+32.3%), from €12,850 to €17,001
- Reserves +€3,456
up €3,456 (+69.3%), from €4,985 to €8,441
- Debts after one year -€2,603
down €2,603 (-47.2%), from €5,516 to €2,913
- Other debts -€859
no longer reported in 2025 (was €859)
- Gross operating margin -€2,986
down €2,986 (-21.3%), from €14,023 to €11,037
- Depreciation +€1,520
up €1,520 (+146.6%), from €1,037 to €2,557
- Other operating charges -€1,039
down €1,039 (-37.1%), from €2,798 to €1,759
- Taxes -€1,036
down €1,036 (-29.4%), from €3,522 to €2,486
- Financial income +€598
up €598 (+82.3%), from €727 to €1,325
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 | €35,164 | €34,932 | -€232 | -0.7% |
| Fixed assets | 21/28 | €10,749 | €8,192 | -€2,557 | -23.8% |
| Tangible fixed assets | 22/27 | €10,749 | €8,192 | -€2,557 | -23.8% |
| Plant, machinery and equipment | 23 | €2,639 | €2,093 | -€546 | -20.7% |
| Furniture and vehicles | 24 | €8,110 | €6,099 | -€2,011 | -24.8% |
| Current assets | 29/58 | €24,415 | €26,740 | +€2,325 | +9.5% |
| Amounts receivable within one year | 40/41 | €23,978 | €26,539 | +€2,561 | +10.7% |
| Trade receivables | 40 | - | €1,632 | +€1,632 | |
| Other amounts receivable | 41 | €23,978 | €24,907 | +€929 | +3.9% |
| Cash at bank and in hand | 54/58 | €437 | - | -€437 | |
| Deferred charges and accrued income | 490/1 | - | €200 | +€200 | |
| Total equity and liabilities | 10/49 | €35,164 | €34,932 | -€232 | -0.7% |
| Equity | 10/15 | €5,485 | €8,941 | +€3,456 | +63.0% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €4,985 | €8,441 | +€3,456 | +69.3% |
| Distributable reserves | 133 | €4,985 | €8,441 | +€3,456 | +69.3% |
| Amounts payable | 17/49 | €29,678 | €25,990 | -€3,688 | -12.4% |
| Amounts payable after more than one year | 17 | €5,516 | €2,913 | -€2,603 | -47.2% |
| Financial debts | 170/4 | €5,516 | €2,913 | -€2,603 | -47.2% |
| Amounts payable within one year | 42/48 | €24,163 | €23,077 | -€1,085 | -4.5% |
| Current portion of amounts payable after more than one year | 42 | €2,486 | €2,603 | +€117 | +4.7% |
| Financial debts | 43 | - | €100 | +€100 | |
| Credit institutions | 430/8 | - | €100 | +€100 | |
| Trade debts | 44 | €7,967 | €3,373 | -€4,594 | -57.7% |
| Suppliers | 440/4 | €7,967 | €3,373 | -€4,594 | -57.7% |
| Taxes, remuneration and social security | 45 | €12,850 | €17,001 | +€4,151 | +32.3% |
| Taxes | 450/3 | €12,850 | €17,001 | +€4,151 | +32.3% |
| Other amounts payable | 47/48 | €859 | - | -€859 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,037 | €2,557 | +€1,520 | +146.6% |
| Other operating charges | 640/8 | €2,798 | €1,759 | -€1,039 | -37.1% |
| Gross operating margin | 9900 | €14,023 | €11,037 | -€2,986 | -21.3% |
| Operating profit (loss) | 9901 | €10,188 | €6,721 | -€3,467 | -34.0% |
| Financial income | 75/76B | €727 | €1,325 | +€598 | +82.3% |
| Recurring financial income | 75 | €727 | €1,325 | +€598 | +82.3% |
| Financial charges | 65/66B | €1,548 | €2,104 | +€556 | +35.9% |
| Recurring financial charges | 65 | €1,548 | €2,104 | +€556 | +35.9% |
| Profit (loss) for the period before taxes | 9903 | €9,366 | €5,942 | -€3,424 | -36.6% |
| Income taxes | 67/77 | €3,522 | €2,486 | -€1,036 | -29.4% |
| Profit (loss) for the period | 9904 | €5,844 | €3,456 | -€2,389 | -40.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,844 | €3,456 | -€2,389 | -40.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.