VGSpreps: 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.
VGSpreps
Largest movements
- Cash -€3,347
down €3,347 (-82.1%), from €4,078 to €731
mainly Net result for the year (-€5,774) and Investment in fixed assets (net) (-€3,462)
- Stocks and contracts +€1,869
new in 2024: €1,869
- Intangible fixed assets +€1,756
new in 2024: €1,756
- Tangible fixed assets -€1,241
down €1,241 (-5.8%), from €21,289 to €20,048
of which Plant, machinery and equipment: -€766
- Profit (loss) carried forward -€5,774
down €5,774 (-57.6%), from -€10,020 to -€15,794
- Debts after one year +€5,500
up €5,500 (+22.0%), from €25,000 to €30,500
- Trade debts -€595
down €595 (-93.0%), from €639 to €44
- Gross operating margin +€6,423
up €6,423 (+71.8%), from -€8,950 to -€2,528
- Depreciation +€1,923
up €1,923 (+187.8%), from €1,024 to €2,947
- Other operating charges +€183
new in 2024: €183
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 | €25,643 | €24,755 | -€888 | -3.5% |
| Fixed assets | 21/28 | €21,289 | €21,804 | +€515 | +2.4% |
| Intangible fixed assets | 21 | - | €1,756 | +€1,756 | |
| Tangible fixed assets | 22/27 | €21,289 | €20,048 | -€1,241 | -5.8% |
| Land and buildings | 22 | €4,504 | €4,029 | -€475 | -10.5% |
| Plant, machinery and equipment | 23 | €16,785 | €16,019 | -€766 | -4.6% |
| Current assets | 29/58 | €4,355 | €2,952 | -€1,403 | -32.2% |
| Stocks and contracts in progress | 3 | - | €1,869 | +€1,869 | |
| Stocks | 30/36 | - | €1,869 | +€1,869 | |
| Amounts receivable within one year | 40/41 | €277 | €288 | +€11 | +4.0% |
| Other amounts receivable | 41 | €277 | €288 | +€11 | +4.0% |
| Cash at bank and in hand | 54/58 | €4,078 | €731 | -€3,347 | -82.1% |
| Deferred charges and accrued income | 490/1 | - | €64 | +€64 | |
| Total equity and liabilities | 10/49 | €25,643 | €24,755 | -€888 | -3.5% |
| Equity | 10/15 | -€20 | -€5,794 | -€5,774 | -29251.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,020 | -€15,794 | -€5,774 | -57.6% |
| Amounts payable | 17/49 | €25,663 | €30,549 | +€4,886 | +19.0% |
| Amounts payable after more than one year | 17 | €25,000 | €30,500 | +€5,500 | +22.0% |
| Financial debts | 170/4 | €25,000 | €30,500 | +€5,500 | +22.0% |
| Amounts payable within one year | 42/48 | €663 | €49 | -€614 | -92.5% |
| Trade debts | 44 | €639 | €44 | -€595 | -93.0% |
| Suppliers | 440/4 | €639 | €44 | -€595 | -93.0% |
| Taxes, remuneration and social security | 45 | €24 | €5 | -€19 | -79.3% |
| Taxes | 450/3 | €24 | €5 | -€19 | -79.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,024 | €2,947 | +€1,923 | +187.8% |
| Other operating charges | 640/8 | - | €183 | +€183 | |
| Gross operating margin | 9900 | -€8,950 | -€2,528 | +€6,423 | +71.8% |
| Operating profit (loss) | 9901 | -€9,974 | -€5,657 | +€4,317 | +43.3% |
| Financial income | 75/76B | €0 | €1 | +€0 | +91.7% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +91.7% |
| Financial charges | 65/66B | €46 | €118 | +€72 | +155.8% |
| Recurring financial charges | 65 | €46 | €118 | +€72 | +155.8% |
| Profit (loss) for the period before taxes | 9903 | -€10,020 | -€5,774 | +€4,246 | +42.4% |
| Profit (loss) for the period | 9904 | -€10,020 | -€5,774 | +€4,246 | +42.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,020 | -€5,774 | +€4,246 | +42.4% |
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 12 October 2026 via checked.be.