VHOME: 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.
VHOME
Largest movements
- Receivables within one year +€47,834
up €47,834 (+43.2%), from €110,652 to €158,487
of which Other amounts receivable: +€73,243
- Cash -€22,304
down €22,304 (-97.3%), from €22,913 to €609
mainly Net result for the year (-€239,227) and Receivables within one year (-€47,834)
- Provisions +€239,819
new in 2025: €239,819
- Profit (loss) carried forward -€239,227
down €239,227 (-140%), from -€171,115 to -€410,342
- Trade debts +€31,178
up €31,178 (+241%), from €12,938 to €44,115
- Tax, wage and social debts -€3,999
down €3,999 (-93.3%), from €4,288 to €289
- Other debts -€2,240
down €2,240 (-1.3%), from €175,107 to €172,867
- Provisions +€239,819
new in 2025: €239,819
- Gross operating margin -€17,792
down €17,792 (-90.6%), from €19,628 to €1,837
- Taxes -€4,080
down €4,080 (-100%), from €4,080 to €0
- Financial charges -€3,008
down €3,008 (-79.6%), from €3,778 to €770
- Other operating charges -€242
down €242 (-33.7%), from €717 to €475
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 | €133,565 | €159,095 | +€25,530 | +19.1% |
| Current assets | 29/58 | €133,565 | €159,095 | +€25,530 | +19.1% |
| Amounts receivable within one year | 40/41 | €110,652 | €158,487 | +€47,834 | +43.2% |
| Trade receivables | 40 | €93,488 | €68,079 | -€25,408 | -27.2% |
| Other amounts receivable | 41 | €17,165 | €90,407 | +€73,243 | +427% |
| Cash at bank and in hand | 54/58 | €22,913 | €609 | -€22,304 | -97.3% |
| Total equity and liabilities | 10/49 | €133,565 | €159,095 | +€25,530 | +19.1% |
| Equity | 10/15 | -€59,115 | -€298,342 | -€239,227 | -405% |
| Contributions | 10/11 | €112,000 | €112,000 | = | 0.0% |
| Capital | 10 | €112,000 | €112,000 | = | 0.0% |
| Issued capital | 100 | €112,000 | €112,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€171,115 | -€410,342 | -€239,227 | -140% |
| Provisions and deferred taxes | 16 | - | €239,819 | +€239,819 | |
| Provisions for liabilities and charges | 160/5 | - | €239,819 | +€239,819 | |
| Other liabilities and charges | 164/5 | - | €239,819 | +€239,819 | |
| Amounts payable | 17/49 | €192,680 | €217,619 | +€24,938 | +12.9% |
| Amounts payable within one year | 42/48 | €192,333 | €217,271 | +€24,938 | +13.0% |
| Trade debts | 44 | €12,938 | €44,115 | +€31,178 | +241% |
| Suppliers | 440/4 | €12,938 | €44,115 | +€31,178 | +241% |
| Taxes, remuneration and social security | 45 | €4,288 | €289 | -€3,999 | -93.3% |
| Taxes | 450/3 | €4,288 | €289 | -€3,999 | -93.3% |
| Other amounts payable | 47/48 | €175,107 | €172,867 | -€2,240 | -1.3% |
| Accrued charges and deferred income | 492/3 | €348 | €348 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €239,819 | +€239,819 | |
| Other operating charges | 640/8 | €717 | €475 | -€242 | -33.7% |
| Gross operating margin | 9900 | €19,628 | €1,837 | -€17,792 | -90.6% |
| Operating profit (loss) | 9901 | €18,911 | -€238,457 | -€257,369 | |
| Financial income | 75/76B | €154 | €0 | -€154 | -100% |
| Recurring financial income | 75 | €154 | €0 | -€154 | -100% |
| Financial charges | 65/66B | €3,778 | €770 | -€3,008 | -79.6% |
| Recurring financial charges | 65 | €3,778 | €770 | -€3,008 | -79.6% |
| Profit (loss) for the period before taxes | 9903 | €15,287 | -€239,227 | -€254,515 | |
| Income taxes | 67/77 | €4,080 | €0 | -€4,080 | -100% |
| Profit (loss) for the period | 9904 | €11,208 | -€239,227 | -€250,435 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,208 | -€239,227 | -€250,435 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.