VCS SERVICE: 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.
VCS SERVICE
Largest movements
- Cash -€13,521
down €13,521 (-76.8%), from €17,603 to €4,082
mainly Other debts (-€30,126) and Trade debts (-€13,960)
- Receivables within one year -€13,069
down €13,069 (-32.3%), from €40,515 to €27,446
of which Trade receivables: -€19,850
- Tangible fixed assets -€1,868
down €1,868 (-8.7%), from €21,553 to €19,685
of which Land and buildings: -€1,047
- Other debts -€30,126
down €30,126 (-82.7%), from €36,423 to €6,296
- Trade debts -€13,960
down €13,960 (-74.2%), from €18,818 to €4,858
- Profit (loss) carried forward +€13,610
up €13,610 (+71.5%), from €19,043 to €32,653
- Tax, wage and social debts +€1,677
up €1,677 (+91.5%), from €1,832 to €3,509
of which Taxes: +€1,682
- Gross operating margin -€21,091
down €21,091 (-33.4%), from €63,167 to €42,076
- Depreciation -€8,529
down €8,529 (-82.0%), from €10,397 to €1,868
- Staff costs -€3,719
down €3,719 (-13.1%), from €28,446 to €24,726
- Taxes +€876
new in 2025: €876
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 | €84,232 | €55,376 | -€28,856 | -34.3% |
| Fixed assets | 21/28 | €23,916 | €22,048 | -€1,868 | -7.8% |
| Tangible fixed assets | 22/27 | €21,553 | €19,685 | -€1,868 | -8.7% |
| Land and buildings | 22 | €20,584 | €19,537 | -€1,047 | -5.1% |
| Plant, machinery and equipment | 23 | €748 | €148 | -€600 | -80.2% |
| Furniture and vehicles | 24 | €221 | €0 | -€221 | -100% |
| Financial fixed assets | 28 | €2,363 | €2,363 | = | 0.0% |
| Current assets | 29/58 | €60,316 | €33,328 | -€26,988 | -44.7% |
| Stocks and contracts in progress | 3 | €1,250 | €1,000 | -€250 | -20.0% |
| Stocks | 30/36 | €1,250 | €1,000 | -€250 | -20.0% |
| Amounts receivable within one year | 40/41 | €40,515 | €27,446 | -€13,069 | -32.3% |
| Trade receivables | 40 | €28,113 | €8,263 | -€19,850 | -70.6% |
| Other amounts receivable | 41 | €12,403 | €19,183 | +€6,780 | +54.7% |
| Cash at bank and in hand | 54/58 | €17,603 | €4,082 | -€13,521 | -76.8% |
| Deferred charges and accrued income | 490/1 | €948 | €800 | -€148 | -15.7% |
| Total equity and liabilities | 10/49 | €84,232 | €55,376 | -€28,856 | -34.3% |
| Equity | 10/15 | €27,103 | €40,713 | +€13,610 | +50.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,043 | €32,653 | +€13,610 | +71.5% |
| Amounts payable | 17/49 | €57,129 | €14,663 | -€42,466 | -74.3% |
| Amounts payable within one year | 42/48 | €57,073 | €14,663 | -€42,410 | -74.3% |
| Trade debts | 44 | €18,818 | €4,858 | -€13,960 | -74.2% |
| Suppliers | 440/4 | €18,818 | €4,858 | -€13,960 | -74.2% |
| Taxes, remuneration and social security | 45 | €1,832 | €3,509 | +€1,677 | +91.5% |
| Taxes | 450/3 | - | €1,682 | +€1,682 | |
| Remuneration and social security | 454/9 | €1,832 | €1,827 | -€6 | -0.3% |
| Other amounts payable | 47/48 | €36,423 | €6,296 | -€30,126 | -82.7% |
| Accrued charges and deferred income | 492/3 | €56 | €0 | -€56 | -100% |
| Remuneration, social security and pensions | 62 | €28,446 | €24,726 | -€3,719 | -13.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,397 | €1,868 | -€8,529 | -82.0% |
| Other operating charges | 640/8 | €1,181 | €878 | -€303 | -25.6% |
| Gross operating margin | 9900 | €63,167 | €42,076 | -€21,091 | -33.4% |
| Operating profit (loss) | 9901 | €23,143 | €14,603 | -€8,539 | -36.9% |
| Financial charges | 65/66B | €191 | €118 | -€73 | -38.2% |
| Recurring financial charges | 65 | €191 | €118 | -€73 | -38.2% |
| Profit (loss) for the period before taxes | 9903 | €22,952 | €14,485 | -€8,466 | -36.9% |
| Income taxes | 67/77 | - | €876 | +€876 | |
| Profit (loss) for the period | 9904 | €22,952 | €13,610 | -€9,342 | -40.7% |
| Profit (loss) for the period to be appropriated | 9905 | €22,952 | €13,610 | -€9,342 | -40.7% |
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 25 October 2026 via checked.be.