VGBR GROUP: 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.
VGBR GROUP
Largest movements
- Cash +€4,573
up €4,573 (+119%), from €3,855 to €8,428
mainly Net result for the year (+€6,781) and Depreciation (+€4,890)
- Tangible fixed assets +€2,565
up €2,565 (+21.4%), from €11,982 to €14,547
of which Furniture and vehicles: +€3,125
- Receivables within one year -€2,470
down €2,470 (-4.5%), from €55,204 to €52,734
of which Other amounts receivable: -€13,585
- Profit (loss) carried forward +€6,781
up €6,781 (+14.8%), from €45,891 to €52,671
- Tax, wage and social debts -€6,205
down €6,205 (-54.0%), from €11,498 to €5,293
- Trade debts +€3,911
up €3,911 (+32.8%), from €11,912 to €15,822
- Staff costs +€35,680
up €35,680 (+727%), from €4,905 to €40,585
- Other operating charges +€8,462
up €8,462 (+4,010%), from €211 to €8,673
- Taxes -€6,205
down €6,205 (-54.0%), from €11,498 to €5,293
- Depreciation +€3,202
up €3,202 (+190%), from €1,689 to €4,890
- Gross operating margin +€3,152
up €3,152 (+5.0%), from €63,228 to €66,379
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.
Derived cash bridge
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 | €71,800 | €76,287 | +€4,486 | +6.2% |
| Formation expenses | 20 | €759 | €577 | -€182 | -24.0% |
| Fixed assets | 21/28 | €11,982 | €14,547 | +€2,565 | +21.4% |
| Tangible fixed assets | 22/27 | €11,982 | €14,547 | +€2,565 | +21.4% |
| Plant, machinery and equipment | 23 | €1,605 | €1,045 | -€560 | -34.9% |
| Furniture and vehicles | 24 | €10,377 | €13,502 | +€3,125 | +30.1% |
| Current assets | 29/58 | €59,059 | €61,162 | +€2,103 | +3.6% |
| Amounts receivable within one year | 40/41 | €55,204 | €52,734 | -€2,470 | -4.5% |
| Trade receivables | 40 | €20,015 | €31,130 | +€11,115 | +55.5% |
| Other amounts receivable | 41 | €35,189 | €21,604 | -€13,585 | -38.6% |
| Cash at bank and in hand | 54/58 | €3,855 | €8,428 | +€4,573 | +119% |
| Total equity and liabilities | 10/49 | €71,800 | €76,287 | +€4,486 | +6.2% |
| Equity | 10/15 | €48,391 | €55,171 | +€6,781 | +14.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Contributions outside capital | 11 | €2,500 | €2,500 | = | 0.0% |
| Other | 1109/19 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,891 | €52,671 | +€6,781 | +14.8% |
| Amounts payable | 17/49 | €23,410 | €21,115 | -€2,294 | -9.8% |
| Amounts payable within one year | 42/48 | €23,410 | €21,115 | -€2,294 | -9.8% |
| Trade debts | 44 | €11,912 | €15,822 | +€3,911 | +32.8% |
| Suppliers | 440/4 | €11,912 | €15,822 | +€3,911 | +32.8% |
| Taxes, remuneration and social security | 45 | €11,498 | €5,293 | -€6,205 | -54.0% |
| Taxes | 450/3 | €11,498 | €5,293 | -€6,205 | -54.0% |
| Remuneration, social security and pensions | 62 | €4,905 | €40,585 | +€35,680 | +727% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,689 | €4,890 | +€3,202 | +190% |
| Other operating charges | 640/8 | €211 | €8,673 | +€8,462 | +4,010% |
| Gross operating margin | 9900 | €63,228 | €66,379 | +€3,152 | +5.0% |
| Operating profit (loss) | 9901 | €56,423 | €12,231 | -€44,192 | -78.3% |
| Financial income | 75/76B | €1,015 | €0 | -€1,015 | -100.0% |
| Recurring financial income | 75 | €1,015 | €0 | -€1,015 | -100.0% |
| Financial charges | 65/66B | €50 | €157 | +€107 | +215% |
| Recurring financial charges | 65 | €50 | €157 | +€107 | +215% |
| Profit (loss) for the period before taxes | 9903 | €57,389 | €12,074 | -€45,315 | -79.0% |
| Income taxes | 67/77 | €11,498 | €5,293 | -€6,205 | -54.0% |
| Profit (loss) for the period | 9904 | €45,891 | €6,781 | -€39,110 | -85.2% |
| Profit (loss) for the period to be appropriated | 9905 | €45,891 | €6,781 | -€39,110 | -85.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.