VC² Property: 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.
VC² Property
Largest movements
- Stocks and contracts +€132,749
new in 2025: €132,749
- Cash -€93,528
down €93,528 (-95.3%), from €98,164 to €4,636
mainly Stocks and contracts (-€132,749)
- Trade debts +€20,181
up €20,181 (+2145.7%), from €941 to €21,122
- Other debts +€16,000
new in 2025: €16,000
- Tax, wage and social debts +€1,918
new in 2025: €1,918
- Financial income +€1,019
new in 2025: €1,019
- Gross operating margin +€774
up €774 (+49.0%), from -€1,580 to -€806
- Financial charges +€56
new in 2025: €56
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 | €99,368 | €137,749 | +€38,381 | +38.6% |
| Current assets | 29/58 | €99,368 | €137,749 | +€38,381 | +38.6% |
| Stocks and contracts in progress | 3 | - | €132,749 | +€132,749 | |
| Stocks | 30/36 | - | €132,749 | +€132,749 | |
| Amounts receivable within one year | 40/41 | €1,204 | €332 | -€872 | -72.4% |
| Trade receivables | 40 | €1,093 | €0 | -€1,093 | -100.0% |
| Other amounts receivable | 41 | €110 | €332 | +€222 | +200.5% |
| Cash at bank and in hand | 54/58 | €98,164 | €4,636 | -€93,528 | -95.3% |
| Deferred charges and accrued income | 490/1 | - | €32 | +€32 | |
| Total equity and liabilities | 10/49 | €99,368 | €137,749 | +€38,381 | +38.6% |
| Equity | 10/15 | €98,420 | €98,577 | +€157 | +0.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,580 | -€1,423 | +€157 | +9.9% |
| Amounts payable | 17/49 | €948 | €39,172 | +€38,224 | +4031.7% |
| Amounts payable within one year | 42/48 | €941 | €39,039 | +€38,099 | +4050.8% |
| Trade debts | 44 | €941 | €21,122 | +€20,181 | +2145.7% |
| Suppliers | 440/4 | €941 | €21,122 | +€20,181 | +2145.7% |
| Taxes, remuneration and social security | 45 | - | €1,918 | +€1,918 | |
| Taxes | 450/3 | - | €1,918 | +€1,918 | |
| Other amounts payable | 47/48 | - | €16,000 | +€16,000 | |
| Accrued charges and deferred income | 492/3 | €8 | €133 | +€126 | +1660.4% |
| Gross operating margin | 9900 | -€1,580 | -€806 | +€774 | +49.0% |
| Operating profit (loss) | 9901 | -€1,580 | -€806 | +€774 | +49.0% |
| Financial income | 75/76B | - | €1,019 | +€1,019 | |
| Recurring financial income | 75 | - | €1,019 | +€1,019 | |
| Financial charges | 65/66B | - | €56 | +€56 | |
| Recurring financial charges | 65 | - | €56 | +€56 | |
| Profit (loss) for the period before taxes | 9903 | -€1,580 | €157 | +€1,736 | |
| Profit (loss) for the period | 9904 | -€1,580 | €157 | +€1,736 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,580 | €157 | +€1,736 |
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 9 October 2026 via checked.be.