VG AUTOMOTIVE: what changed
What changed
VG AUTOMOTIVE
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
filed annual accounts (NBB)
Net result for the year
-€16,696
2024 · -€24,838+€8,143
Equity
-€39,034
2024 · -€22,338-€16,696
Cash
€18,148
2024 · €19,371-€1,223
Balance sheet total
€127,768
2024 · €139,990-€12,222
Largest movements
Assets
- Stocks and contracts -€11,116
down €11,116 (-9.5%), from €116,889 to €105,773
- Tangible fixed assets +€1,546
up €1,546 (+89.7%), from €1,725 to €3,271
of which Other tangible fixed assets: +€1,746
Equity and liabilities
- Profit (loss) carried forward -€16,696
down €16,696 (-67.2%), from -€24,838 to -€41,534
- Accrued charges and deferred income +€3,200
new in 2025: €3,200
- Tax, wage and social debts +€1,886
new in 2025: €1,886
Income statement
- Gross operating margin +€11,470
up €11,470 (+47.6%), from -€24,085 to -€12,615
- Financial charges +€3,345
up €3,345 (+1,890%), from €177 to €3,522
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€24,838
Gross operating margin
+€11,470
Depreciation
-€80
Other operating charges
+€98
Financial charges
-€3,345
Result 2025
-€16,696
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€762
Investment
-€1,985
Financing
€0
Cash 2024
€19,371
From operations (derived)
+€762
Net result for the year
-€16,696
Depreciation
+€439
Stocks and contracts
+€11,116
Receivables within one year
+€1,042
Deferred charges and accrued income
+€388
Trade debts
-€612
Tax, wage and social debts
+€1,886
Accrued charges and deferred income
+€3,200
Investment (derived)
-€1,985
Investment in fixed assets (net)
-€1,985
Cash 2025
€18,148
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €139,990 | €127,768 | -€12,222 | -8.7% |
| Fixed assets | 21/28 | €1,725 | €3,271 | +€1,546 | +89.7% |
| Tangible fixed assets | 22/27 | €1,725 | €3,271 | +€1,546 | +89.7% |
| Plant, machinery and equipment | 23 | €157 | €114 | -€43 | -27.3% |
| Furniture and vehicles | 24 | €251 | €94 | -€157 | -62.5% |
| Other tangible fixed assets | 26 | €1,316 | €3,063 | +€1,746 | +133% |
| Current assets | 29/58 | €138,265 | €124,497 | -€13,768 | -10.0% |
| Stocks and contracts in progress | 3 | €116,889 | €105,773 | -€11,116 | -9.5% |
| Stocks | 30/36 | €116,889 | €105,773 | -€11,116 | -9.5% |
| Amounts receivable within one year | 40/41 | €1,042 | - | -€1,042 | |
| Trade receivables | 40 | €574 | - | -€574 | |
| Other amounts receivable | 41 | €468 | - | -€468 | |
| Cash at bank and in hand | 54/58 | €19,371 | €18,148 | -€1,223 | -6.3% |
| Deferred charges and accrued income | 490/1 | €963 | €576 | -€388 | -40.2% |
| Total equity and liabilities | 10/49 | €139,990 | €127,768 | -€12,222 | -8.7% |
| Equity | 10/15 | -€22,338 | -€39,034 | -€16,696 | -74.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,838 | -€41,534 | -€16,696 | -67.2% |
| Amounts payable | 17/49 | €162,328 | €166,802 | +€4,474 | +2.8% |
| Amounts payable within one year | 42/48 | €162,328 | €163,602 | +€1,274 | +0.8% |
| Trade debts | 44 | €913 | €301 | -€612 | -67.1% |
| Suppliers | 440/4 | €913 | €301 | -€612 | -67.1% |
| Taxes, remuneration and social security | 45 | - | €1,886 | +€1,886 | |
| Taxes | 450/3 | - | €1,886 | +€1,886 | |
| Other amounts payable | 47/48 | €161,415 | €161,415 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €3,200 | +€3,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €358 | €439 | +€80 | +22.4% |
| Other operating charges | 640/8 | €218 | €120 | -€98 | -45.0% |
| Gross operating margin | 9900 | -€24,085 | -€12,615 | +€11,470 | +47.6% |
| Operating profit (loss) | 9901 | -€24,661 | -€13,174 | +€11,488 | +46.6% |
| Financial charges | 65/66B | €177 | €3,522 | +€3,345 | +1,890% |
| Recurring financial charges | 65 | €177 | €3,522 | +€3,345 | +1,890% |
| Profit (loss) for the period before taxes | 9903 | -€24,838 | -€16,696 | +€8,143 | +32.8% |
| Profit (loss) for the period | 9904 | -€24,838 | -€16,696 | +€8,143 | +32.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,838 | -€16,696 | +€8,143 | +32.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.