VHL SOLUTIONS: 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.
VHL SOLUTIONS
Largest movements
- Deferred charges and accrued income +€10,000
new in 2025: €10,000
- Receivables within one year +€5,807
up €5,807 (+119%), from €4,896 to €10,703
- Cash -€4,755
down €4,755 (-28.1%), from €16,948 to €12,193
mainly Deferred charges and accrued income (-€10,000) and Receivables within one year (-€5,807)
- Other debts +€3,933
up €3,933 (+6.5%), from €60,900 to €64,833
- Tax, wage and social debts +€3,581
up €3,581 (+89.0%), from €4,025 to €7,606
- Profit (loss) carried forward +€3,456
up €3,456 (+4.9%), from -€70,530 to -€67,074
- Gross operating margin +€31,347
up €31,347, from -€22,440 to €8,907
- Financial charges +€2,394
up €2,394 (+94.6%), from €2,530 to €4,924
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 | €21,844 | €32,896 | +€11,052 | +50.6% |
| Current assets | 29/58 | €21,844 | €32,896 | +€11,052 | +50.6% |
| Amounts receivable within one year | 40/41 | €4,896 | €10,703 | +€5,807 | +119% |
| Trade receivables | 40 | €4,896 | €10,703 | +€5,807 | +119% |
| Cash at bank and in hand | 54/58 | €16,948 | €12,193 | -€4,755 | -28.1% |
| Deferred charges and accrued income | 490/1 | - | €10,000 | +€10,000 | |
| Total equity and liabilities | 10/49 | €21,844 | €32,896 | +€11,052 | +50.6% |
| Equity | 10/15 | -€44,519 | -€41,063 | +€3,456 | +7.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,411 | €7,411 | = | 0.0% |
| Distributable reserves | 133 | €7,411 | €7,411 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,530 | -€67,074 | +€3,456 | +4.9% |
| Amounts payable | 17/49 | €66,363 | €73,959 | +€7,596 | +11.4% |
| Amounts payable within one year | 42/48 | €66,363 | €73,959 | +€7,596 | +11.4% |
| Trade debts | 44 | €1,438 | €1,520 | +€82 | +5.7% |
| Suppliers | 440/4 | €1,438 | €1,520 | +€82 | +5.7% |
| Taxes, remuneration and social security | 45 | €4,025 | €7,606 | +€3,581 | +89.0% |
| Taxes | 450/3 | €4,025 | €7,606 | +€3,581 | +89.0% |
| Other amounts payable | 47/48 | €60,900 | €64,833 | +€3,933 | +6.5% |
| Other operating charges | 640/8 | €513 | €527 | +€14 | +2.7% |
| Gross operating margin | 9900 | -€22,440 | €8,907 | +€31,347 | |
| Operating profit (loss) | 9901 | -€22,953 | €8,380 | +€31,333 | |
| Financial charges | 65/66B | €2,530 | €4,924 | +€2,394 | +94.6% |
| Recurring financial charges | 65 | €2,530 | €4,924 | +€2,394 | +94.6% |
| Profit (loss) for the period before taxes | 9903 | -€25,483 | €3,456 | +€28,939 | |
| Profit (loss) for the period | 9904 | -€25,483 | €3,456 | +€28,939 | |
| Profit (loss) for the period to be appropriated | 9905 | -€25,483 | €3,456 | +€28,939 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.