VG PRODUCTION: 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 PRODUCTION
Largest movements
- Receivables within one year +€202
up €202 (+26.1%), from €775 to €978
- Cash -€171
down €171 (-30.1%), from €569 to €398
mainly Net result for the year (-€1,665) and Receivables within one year (-€202)
- Profit (loss) carried forward -€1,665
down €1,665 (-17.1%), from -€9,739 to -€11,404
- Trade debts +€1,120
up €1,120 (+100%), from €1,117 to €2,237
- Other debts +€576
up €576 (+15.3%), from €3,766 to €4,342
- Gross operating margin -€1,666
down €1,666, from €220 to -€1,447
- Financial charges +€15
up €15 (+12.3%), from €123 to €138
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 | €1,344 | €1,375 | +€31 | +2.3% |
| Current assets | 29/58 | €1,344 | €1,375 | +€31 | +2.3% |
| Amounts receivable within one year | 40/41 | €775 | €978 | +€202 | +26.1% |
| Other amounts receivable | 41 | €775 | €978 | +€202 | +26.1% |
| Cash at bank and in hand | 54/58 | €569 | €398 | -€171 | -30.1% |
| Total equity and liabilities | 10/49 | €1,344 | €1,375 | +€31 | +2.3% |
| Equity | 10/15 | -€3,539 | -€5,204 | -€1,665 | -47.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,739 | -€11,404 | -€1,665 | -17.1% |
| Amounts payable | 17/49 | €4,883 | €6,579 | +€1,696 | +34.7% |
| Amounts payable within one year | 42/48 | €4,883 | €6,579 | +€1,696 | +34.7% |
| Trade debts | 44 | €1,117 | €2,237 | +€1,120 | +100% |
| Suppliers | 440/4 | €1,117 | €2,237 | +€1,120 | +100% |
| Other amounts payable | 47/48 | €3,766 | €4,342 | +€576 | +15.3% |
| Accrued charges and deferred income | 492/3 | - | €0 | +€0 | |
| Other operating charges | 640/8 | €80 | €80 | = | 0.0% |
| Gross operating margin | 9900 | €220 | -€1,447 | -€1,666 | |
| Operating profit (loss) | 9901 | €140 | -€1,527 | -€1,666 | |
| Financial charges | 65/66B | €123 | €138 | +€15 | +12.3% |
| Recurring financial charges | 65 | €123 | €138 | +€15 | +12.3% |
| Profit (loss) for the period before taxes | 9903 | €16 | -€1,665 | -€1,682 | |
| Profit (loss) for the period | 9904 | €16 | -€1,665 | -€1,682 | |
| Profit (loss) for the period to be appropriated | 9905 | €16 | -€1,665 | -€1,682 |
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 30 October 2026 via checked.be.