VH30: what changed
Two fiscal 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.
VH30
Largest movements
- Receivables within one year +€3,050
up €3,050 (+11.9%), from €25,643 to €28,693
- Cash -€395
down €395 (-74.4%), from €532 to €136
mainly Net result for the year (-€3,299) and Receivables within one year (-€3,050)
- Trade debts +€6,121
up €6,121 (+2129.0%), from €288 to €6,409
- Profit (loss) carried forward -€3,299
down €3,299 (-18.4%), from €17,957 to €14,658
- Gross operating margin -€32,465
down €32,465, from €30,496 to -€1,969
- Financial charges -€6,230
down €6,230 (-96.2%), from €6,478 to €248
- Taxes -€5,679
down €5,679 (-98.5%), from €5,763 to €84
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.
Cash bridge derived
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 | €26,175 | €28,830 | +€2,655 | +10.1% |
| Current assets | 29/58 | €26,175 | €28,830 | +€2,655 | +10.1% |
| Amounts receivable within one year | 40/41 | €25,643 | €28,693 | +€3,050 | +11.9% |
| Trade receivables | 40 | €25,643 | €28,693 | +€3,050 | +11.9% |
| Cash at bank and in hand | 54/58 | €532 | €136 | -€395 | -74.4% |
| Total equity and liabilities | 10/49 | €26,175 | €28,830 | +€2,655 | +10.1% |
| Equity | 10/15 | €19,957 | €16,658 | -€3,299 | -16.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,957 | €14,658 | -€3,299 | -18.4% |
| Amounts payable | 17/49 | €6,218 | €12,171 | +€5,954 | +95.8% |
| Amounts payable within one year | 42/48 | €6,218 | €12,171 | +€5,954 | +95.8% |
| Trade debts | 44 | €288 | €6,409 | +€6,121 | +2129.0% |
| Suppliers | 440/4 | €288 | €6,409 | +€6,121 | +2129.0% |
| Taxes, remuneration and social security | 45 | €5,930 | €5,763 | -€167 | -2.8% |
| Taxes | 450/3 | €5,930 | €5,763 | -€167 | -2.8% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | €30,496 | -€1,969 | -€32,465 | |
| Operating profit (loss) | 9901 | €29,529 | -€2,967 | -€32,496 | |
| Financial charges | 65/66B | €6,478 | €248 | -€6,230 | -96.2% |
| Recurring financial charges | 65 | €6,478 | €248 | -€6,230 | -96.2% |
| Profit (loss) for the period before taxes | 9903 | €23,050 | -€3,215 | -€26,266 | |
| Income taxes | 67/77 | €5,763 | €84 | -€5,679 | -98.5% |
| Profit (loss) for the period | 9904 | €17,288 | -€3,299 | -€20,587 | |
| Profit (loss) for the period to be appropriated | 9905 | €17,288 | -€3,299 | -€20,587 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.