VCON NETWORK: 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.
VCON NETWORK
Largest movements
- Cash -€6,299
down €6,299 (-98.8%), from €6,373 to €73
mainly Receivables within one year (-€4,614) and Net result for the year (-€2,756)
- Receivables within one year +€4,614
up €4,614 (+29.7%), from €15,521 to €20,134
of which Other amounts receivable: +€4,614
- Tangible fixed assets -€1,070
down €1,070 (-100.0%), from €1,070 to €0
- Profit (loss) carried forward -€2,756
down €2,756 (-13.9%), from -€19,767 to -€22,522
- Gross operating margin -€6,486
down €6,486, from €5,357 to -€1,130
- Other operating charges +€400
up €400 (+367.0%), from €109 to €509
- Financial income -€198
no longer reported in 2024 (was €198)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €22,963 | €20,208 | -€2,756 | -12.0% |
| Fixed assets | 21/28 | €1,070 | €0 | -€1,070 | -100.0% |
| Tangible fixed assets | 22/27 | €1,070 | €0 | -€1,070 | -100.0% |
| Plant, machinery and equipment | 23 | €1,070 | €0 | -€1,070 | -100.0% |
| Current assets | 29/58 | €21,893 | €20,208 | -€1,686 | -7.7% |
| Amounts receivable within one year | 40/41 | €15,521 | €20,134 | +€4,614 | +29.7% |
| Trade receivables | 40 | €3,850 | €3,850 | = | 0.0% |
| Other amounts receivable | 41 | €11,671 | €16,284 | +€4,614 | +39.5% |
| Cash at bank and in hand | 54/58 | €6,373 | €73 | -€6,299 | -98.8% |
| Total equity and liabilities | 10/49 | €22,963 | €20,208 | -€2,756 | -12.0% |
| Equity | 10/15 | €18,305 | €15,549 | -€2,756 | -15.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €36,572 | €36,572 | = | 0.0% |
| Non-distributable reserves | 130/1 | €150 | €150 | = | 0.0% |
| Reserves not available under the articles | 1311 | €150 | €150 | = | 0.0% |
| Distributable reserves | 133 | €36,422 | €36,422 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,767 | -€22,522 | -€2,756 | -13.9% |
| Amounts payable | 17/49 | €4,659 | €4,659 | = | 0.0% |
| Amounts payable within one year | 42/48 | €4,659 | €4,659 | = | 0.0% |
| Advances received on contracts in progress | 46 | €4,659 | €4,659 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,070 | €1,070 | = | 0.0% |
| Other operating charges | 640/8 | €109 | €509 | +€400 | +367.0% |
| Gross operating margin | 9900 | €5,357 | -€1,130 | -€6,486 | |
| Operating profit (loss) | 9901 | €4,178 | -€2,709 | -€6,886 | |
| Financial income | 75/76B | €198 | - | -€198 | |
| Recurring financial income | 75 | €198 | - | -€198 | |
| Financial charges | 65/66B | €45 | €47 | +€2 | +4.0% |
| Recurring financial charges | 65 | €45 | €47 | +€2 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €4,330 | -€2,756 | -€7,086 | |
| Profit (loss) for the period | 9904 | €4,330 | -€2,756 | -€7,086 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,330 | -€2,756 | -€7,086 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.