VH-SUPPORT: 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.
VH-SUPPORT
Largest movements
- Receivables within one year +€74,215
up €74,215 (+128%), from €57,916 to €132,131
of which Trade receivables: +€72,922
- Current investments -€30,000
no longer reported in 2025 (was €30,000)
- Other debts +€139,462
up €139,462 (+30,693%), from €454 to €139,916
- Reserves -€89,443
down €89,443 (-98.0%), from €91,303 to €1,860
of which Distributable reserves: -€89,443
- Advances received -€3,725
no longer reported in 2025 (was €3,725)
- Trade debts -€2,176
down €2,176 (-57.4%), from €3,790 to €1,614
- Gross operating margin +€8,765
up €8,765 (+5.8%), from €151,900 to €160,665
- Depreciation -€5,894
down €5,894 (-77.4%), from €7,618 to €1,725
- Staff costs +€4,210
up €4,210 (+15.4%), from €27,409 to €31,619
- Taxes +€2,950
up €2,950 (+9.8%), from €30,125 to €33,075
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 | €119,424 | €163,701 | +€44,277 | +37.1% |
| Fixed assets | 21/28 | €5,123 | €6,662 | +€1,539 | +30.0% |
| Tangible fixed assets | 22/27 | €5,123 | €6,662 | +€1,539 | +30.0% |
| Furniture and vehicles | 24 | €749 | €3,103 | +€2,354 | +314% |
| Other tangible fixed assets | 26 | €4,374 | €3,559 | -€815 | -18.6% |
| Current assets | 29/58 | €114,301 | €157,039 | +€42,739 | +37.4% |
| Amounts receivable within one year | 40/41 | €57,916 | €132,131 | +€74,215 | +128% |
| Trade receivables | 40 | €56,967 | €129,889 | +€72,922 | +128% |
| Other amounts receivable | 41 | €949 | €2,242 | +€1,293 | +136% |
| Current investments | 50/53 | €30,000 | - | -€30,000 | |
| Cash at bank and in hand | 54/58 | €24,157 | €24,124 | -€32 | -0.1% |
| Deferred charges and accrued income | 490/1 | €2,228 | €784 | -€1,444 | -64.8% |
| Total equity and liabilities | 10/49 | €119,424 | €163,701 | +€44,277 | +37.1% |
| Equity | 10/15 | €109,903 | €20,460 | -€89,443 | -81.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €91,303 | €1,860 | -€89,443 | -98.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €89,443 | - | -€89,443 | |
| Amounts payable | 17/49 | €9,521 | €143,241 | +€133,720 | +1,405% |
| Amounts payable within one year | 42/48 | €9,521 | €143,241 | +€133,720 | +1,405% |
| Trade debts | 44 | €3,790 | €1,614 | -€2,176 | -57.4% |
| Suppliers | 440/4 | €3,790 | €1,614 | -€2,176 | -57.4% |
| Advances received on contracts in progress | 46 | €3,725 | - | -€3,725 | |
| Taxes, remuneration and social security | 45 | €1,552 | €1,711 | +€159 | +10.3% |
| Taxes | 450/3 | €1,552 | €1,711 | +€159 | +10.3% |
| Other amounts payable | 47/48 | €454 | €139,916 | +€139,462 | +30,693% |
| Remuneration, social security and pensions | 62 | €27,409 | €31,619 | +€4,210 | +15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,618 | €1,725 | -€5,894 | -77.4% |
| Other operating charges | 640/8 | €741 | €884 | +€143 | +19.4% |
| Gross operating margin | 9900 | €151,900 | €160,665 | +€8,765 | +5.8% |
| Operating profit (loss) | 9901 | €116,132 | €126,438 | +€10,306 | +8.9% |
| Financial income | 75/76B | €3,580 | €4,961 | +€1,381 | +38.6% |
| Recurring financial income | 75 | €3,580 | €4,961 | +€1,381 | +38.6% |
| Financial charges | 65/66B | €143 | €40 | -€103 | -71.8% |
| Recurring financial charges | 65 | €143 | €40 | -€103 | -71.8% |
| Profit (loss) for the period before taxes | 9903 | €119,568 | €131,358 | +€11,790 | +9.9% |
| Income taxes | 67/77 | €30,125 | €33,075 | +€2,950 | +9.8% |
| Profit (loss) for the period | 9904 | €89,443 | €98,283 | +€8,840 | +9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €89,443 | €98,283 | +€8,840 | +9.9% |
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 18 October 2026 via checked.be.