VEBF: 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.
VEBF
Largest movements
- Receivables within one year +€17,078
up €17,078 (+22.4%), from €76,333 to €93,411
- Deferred charges and accrued income -€8,675
down €8,675 (-53.7%), from €16,157 to €7,482
- Cash -€4,991
down €4,991 (-92.6%), from €5,389 to €398
mainly Receivables within one year (-€17,078) and Other debts (-€2,083)
- Trade debts +€3,609
up €3,609 (+33.6%), from €10,734 to €14,343
- Other debts -€2,083
down €2,083 (-32.1%), from €6,483 to €4,401
- Profit (loss) carried forward +€1,484
up €1,484 (+19.0%), from €7,805 to €9,289
- Financial charges +€1,655
up €1,655 (+182%), from €912 to €2,567
- Taxes -€1,086
down €1,086 (-56.6%), from €1,920 to €834
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €97,879 | €101,291 | +€3,412 | +3.5% |
| Current assets | 29/58 | €97,879 | €101,291 | +€3,412 | +3.5% |
| Amounts receivable within one year | 40/41 | €76,333 | €93,411 | +€17,078 | +22.4% |
| Trade receivables | 40 | €76,333 | €93,411 | +€17,078 | +22.4% |
| Cash at bank and in hand | 54/58 | €5,389 | €398 | -€4,991 | -92.6% |
| Deferred charges and accrued income | 490/1 | €16,157 | €7,482 | -€8,675 | -53.7% |
| Total equity and liabilities | 10/49 | €97,879 | €101,291 | +€3,412 | +3.5% |
| Equity | 10/15 | €54,715 | €56,199 | +€1,484 | +2.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €28,310 | €28,310 | = | 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% |
| Distributable reserves | 133 | €26,450 | €26,450 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,805 | €9,289 | +€1,484 | +19.0% |
| Amounts payable | 17/49 | €43,164 | €45,092 | +€1,928 | +4.5% |
| Amounts payable within one year | 42/48 | €43,164 | €45,092 | +€1,928 | +4.5% |
| Trade debts | 44 | €10,734 | €14,343 | +€3,609 | +33.6% |
| Suppliers | 440/4 | €10,734 | €14,343 | +€3,609 | +33.6% |
| Taxes, remuneration and social security | 45 | €25,947 | €26,349 | +€401 | +1.5% |
| Taxes | 450/3 | €8,918 | €9,449 | +€531 | +6.0% |
| Remuneration and social security | 454/9 | €17,029 | €16,899 | -€130 | -0.8% |
| Other amounts payable | 47/48 | €6,483 | €4,401 | -€2,083 | -32.1% |
| Remuneration, social security and pensions | 62 | €99,332 | €99,379 | +€47 | 0.0% |
| Other operating charges | 640/8 | €450 | €493 | +€44 | +9.8% |
| Gross operating margin | 9900 | €105,722 | €104,756 | -€967 | -0.9% |
| Operating profit (loss) | 9901 | €5,941 | €4,883 | -€1,058 | -17.8% |
| Financial income | 75/76B | €10 | €1 | -€9 | -88.8% |
| Recurring financial income | 75 | €10 | €1 | -€9 | -88.8% |
| Financial charges | 65/66B | €912 | €2,567 | +€1,655 | +182% |
| Recurring financial charges | 65 | €912 | €2,567 | +€1,655 | +182% |
| Profit (loss) for the period before taxes | 9903 | €5,040 | €2,318 | -€2,722 | -54.0% |
| Income taxes | 67/77 | €1,920 | €834 | -€1,086 | -56.6% |
| Profit (loss) for the period | 9904 | €3,120 | €1,484 | -€1,636 | -52.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,120 | €1,484 | -€1,636 | -52.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.