VCC +: 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.
VCC +
Largest movements
- Tangible fixed assets -€14,313
down €14,313 (-38.8%), from €36,917 to €22,604
of which Furniture and vehicles: -€13,543
- Cash +€14,119
up €14,119 (+175%), from €8,059 to €22,178
mainly Other debts (+€37,707) and Depreciation (+€17,791)
- Receivables within one year -€5,784
down €5,784 (-12.2%), from €47,408 to €41,624
of which Trade receivables: -€28,921
- Deferred charges and accrued income +€1,535
up €1,535 (+97.6%), from €1,574 to €3,109
- Reserves -€37,707
down €37,707 (-59.1%), from €63,776 to €26,070
- Other debts +€37,707
new in 2025: €37,707
- Profit (loss) carried forward -€5,637
down €5,637, from €1,742 to -€3,895
- Trade debts +€4,602
up €4,602 (+140%), from €3,276 to €7,878
- Tax, wage and social debts -€3,409
down €3,409 (-26.7%), from €12,764 to €9,355
of which Taxes: -€5,449
- Turnover -€121,721
no longer reported in 2025 (was €121,721)
- Purchases and services -€111,583
no longer reported in 2025 (was €111,583)
- Other operating charges +€15,346
up €15,346 (+2,009%), from €764 to €16,110
- Gross operating margin +€5,350
up €5,350 (+20.7%), from €25,829 to €31,179
- Taxes -€2,297
down €2,297 (-75.7%), from €3,032 to €736
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.
Derived cash bridge
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 | €93,958 | €89,515 | -€4,443 | -4.7% |
| Fixed assets | 21/28 | €36,917 | €22,604 | -€14,313 | -38.8% |
| Tangible fixed assets | 22/27 | €36,917 | €22,604 | -€14,313 | -38.8% |
| Plant, machinery and equipment | 23 | €13,399 | €12,629 | -€770 | -5.7% |
| Furniture and vehicles | 24 | €23,519 | €9,976 | -€13,543 | -57.6% |
| Current assets | 29/58 | €57,040 | €66,910 | +€9,870 | +17.3% |
| Amounts receivable within one year | 40/41 | €47,408 | €41,624 | -€5,784 | -12.2% |
| Trade receivables | 40 | €47,135 | €18,214 | -€28,921 | -61.4% |
| Other amounts receivable | 41 | €273 | €23,410 | +€23,137 | +8,467% |
| Cash at bank and in hand | 54/58 | €8,059 | €22,178 | +€14,119 | +175% |
| Deferred charges and accrued income | 490/1 | €1,574 | €3,109 | +€1,535 | +97.6% |
| Total equity and liabilities | 10/49 | €93,958 | €89,515 | -€4,443 | -4.7% |
| Equity | 10/15 | €77,918 | €34,575 | -€43,343 | -55.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €63,776 | €26,070 | -€37,707 | -59.1% |
| Distributable reserves | 133 | €63,776 | €26,070 | -€37,707 | -59.1% |
| Profit (loss) carried forward | 14 | €1,742 | -€3,895 | -€5,637 | |
| Amounts payable | 17/49 | €16,039 | €54,940 | +€38,900 | +243% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €16,039 | €54,940 | +€38,900 | +243% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €3,276 | €7,878 | +€4,602 | +140% |
| Suppliers | 440/4 | €3,276 | €7,878 | +€4,602 | +140% |
| Taxes, remuneration and social security | 45 | €12,764 | €9,355 | -€3,409 | -26.7% |
| Taxes | 450/3 | €12,764 | €7,315 | -€5,449 | -42.7% |
| Remuneration and social security | 454/9 | €0 | €2,040 | +€2,040 | |
| Other amounts payable | 47/48 | - | €37,707 | +€37,707 | |
| Turnover | 70 | €121,721 | - | -€121,721 | |
| Goods, raw materials, services and sundry goods | 60/61 | €111,583 | - | -€111,583 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,132 | €17,791 | +€658 | +3.8% |
| Other operating charges | 640/8 | €764 | €16,110 | +€15,346 | +2,009% |
| Gross operating margin | 9900 | €25,829 | €31,179 | +€5,350 | +20.7% |
| Operating profit (loss) | 9901 | €7,933 | -€2,722 | -€10,655 | |
| Financial income | 75/76B | €429 | €371 | -€59 | -13.7% |
| Recurring financial income | 75 | €429 | €371 | -€59 | -13.7% |
| Financial charges | 65/66B | €276 | €2,550 | +€2,273 | +822% |
| Recurring financial charges | 65 | €276 | €2,550 | +€2,273 | +822% |
| Profit (loss) for the period before taxes | 9903 | €8,086 | -€4,901 | -€12,987 | |
| Income taxes | 67/77 | €3,032 | €736 | -€2,297 | -75.7% |
| Profit (loss) for the period | 9904 | €5,053 | -€5,637 | -€10,690 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,053 | -€5,637 | -€10,690 |
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 17 October 2026 via checked.be.