VG Computers: 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.
VG Computers
Largest movements
- Tangible fixed assets +€54,089
up €54,089 (+79.4%), from €68,151 to €122,240
of which Land and buildings: +€54,811
- Cash +€31,195
up €31,195 (+47.8%), from €65,272 to €96,467
mainly Net result for the year (+€63,784) and Tax, wage and social debts (+€28,827)
- Receivables within one year +€30,387
up €30,387 (+92.0%), from €33,037 to €63,424
of which Trade receivables: +€30,387
- Stocks and contracts -€4,215
down €4,215 (-11.7%), from €35,971 to €31,756
- Reserves +€63,784
up €63,784 (+105.4%), from €60,507 to €124,291
- Tax, wage and social debts +€28,827
up €28,827 (+136.3%), from €21,152 to €49,979
of which Taxes: +€23,838
- Trade debts +€13,578
up €13,578 (+12.5%), from €108,641 to €122,220
- Other debts +€5,266
up €5,266 (+54.4%), from €9,689 to €14,955
- Gross operating margin +€116,141
up €116,141 (+169.4%), from €68,552 to €184,693
- Staff costs +€30,004
up €30,004 (+63.0%), from €47,661 to €77,666
- Taxes +€23,587
up €23,587 (+713.5%), from €3,306 to €26,893
- Depreciation +€3,673
up €3,673 (+50.9%), from €7,220 to €10,893
- Other operating charges +€3,033
up €3,033 (+895.2%), from €339 to €3,372
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 | €202,489 | €313,944 | +€111,455 | +55.0% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €68,151 | €122,240 | +€54,089 | +79.4% |
| Tangible fixed assets | 22/27 | €68,151 | €122,240 | +€54,089 | +79.4% |
| Land and buildings | 22 | €49,701 | €104,512 | +€54,811 | +110.3% |
| Plant, machinery and equipment | 23 | - | €4,027 | +€4,027 | |
| Furniture and vehicles | 24 | €18,450 | €13,701 | -€4,749 | -25.7% |
| Current assets | 29/58 | €134,338 | €191,704 | +€57,366 | +42.7% |
| Stocks and contracts in progress | 3 | €35,971 | €31,756 | -€4,215 | -11.7% |
| Stocks | 30/36 | €35,971 | €31,756 | -€4,215 | -11.7% |
| Amounts receivable within one year | 40/41 | €33,037 | €63,424 | +€30,387 | +92.0% |
| Trade receivables | 40 | €33,037 | €63,424 | +€30,387 | +92.0% |
| Other amounts receivable | 41 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €65,272 | €96,467 | +€31,195 | +47.8% |
| Deferred charges and accrued income | 490/1 | €58 | €57 | -€1 | -1.7% |
| Total equity and liabilities | 10/49 | €202,489 | €313,944 | +€111,455 | +55.0% |
| Equity | 10/15 | €63,007 | €126,791 | +€63,784 | +101.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €60,507 | €124,291 | +€63,784 | +105.4% |
| Distributable reserves | 133 | €60,507 | €124,291 | +€63,784 | +105.4% |
| Amounts payable | 17/49 | €139,482 | €187,153 | +€47,672 | +34.2% |
| Amounts payable within one year | 42/48 | €139,482 | €187,153 | +€47,672 | +34.2% |
| Trade debts | 44 | €108,641 | €122,220 | +€13,578 | +12.5% |
| Suppliers | 440/4 | €108,641 | €122,220 | +€13,578 | +12.5% |
| Taxes, remuneration and social security | 45 | €21,152 | €49,979 | +€28,827 | +136.3% |
| Taxes | 450/3 | €7,562 | €31,400 | +€23,838 | +315.3% |
| Remuneration and social security | 454/9 | €13,590 | €18,579 | +€4,989 | +36.7% |
| Other amounts payable | 47/48 | €9,689 | €14,955 | +€5,266 | +54.4% |
| Remuneration, social security and pensions | 62 | €47,661 | €77,666 | +€30,004 | +63.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,220 | €10,893 | +€3,673 | +50.9% |
| Other operating charges | 640/8 | €339 | €3,372 | +€3,033 | +895.2% |
| Gross operating margin | 9900 | €68,552 | €184,693 | +€116,141 | +169.4% |
| Operating profit (loss) | 9901 | €13,331 | €92,762 | +€79,431 | +595.8% |
| Financial income | 75/76B | €8 | €6 | -€2 | -25.6% |
| Recurring financial income | 75 | €8 | €6 | -€2 | -25.6% |
| Financial charges | 65/66B | €2,767 | €2,091 | -€676 | -24.4% |
| Recurring financial charges | 65 | €2,767 | €2,091 | -€676 | -24.4% |
| Profit (loss) for the period before taxes | 9903 | €10,572 | €90,677 | +€80,105 | +757.7% |
| Income taxes | 67/77 | €3,306 | €26,893 | +€23,587 | +713.5% |
| Profit (loss) for the period | 9904 | €7,266 | €63,784 | +€56,518 | +777.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,266 | €63,784 | +€56,518 | +777.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.