VHRehab: 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.
VHRehab
Largest movements
- Tangible fixed assets +€8,657
up €8,657 (+140%), from €6,197 to €14,853
- Receivables within one year +€3,681
new in 2025: €3,681
- Cash +€1,299
up €1,299 (+2.8%), from €45,989 to €47,289
mainly Other debts (+€14,105) and Net result for the year (+€7,406)
- Other debts +€14,105
up €14,105 (+320%), from €4,406 to €18,511
- Tax, wage and social debts -€10,668
no longer reported in 2025 (was €10,668)
- Profit (loss) carried forward +€9,634
up €9,634 (+8,562%), from €113 to €9,747
- Gross operating margin -€14,548
down €14,548 (-44.9%), from €32,410 to €17,862
- Depreciation +€3,310
up €3,310 (+166%), from €1,998 to €5,308
- Taxes -€2,899
down €2,899 (-46.6%), from €6,218 to €3,319
- Other operating charges +€1,736
new in 2025: €1,736
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 | €52,186 | €65,822 | +€13,636 | +26.1% |
| Fixed assets | 21/28 | €6,197 | €14,853 | +€8,657 | +140% |
| Tangible fixed assets | 22/27 | €6,197 | €14,853 | +€8,657 | +140% |
| Furniture and vehicles | 24 | €6,197 | €14,853 | +€8,657 | +140% |
| Current assets | 29/58 | €45,989 | €50,969 | +€4,980 | +10.8% |
| Amounts receivable within one year | 40/41 | - | €3,681 | +€3,681 | |
| Other amounts receivable | 41 | - | €3,681 | +€3,681 | |
| Cash at bank and in hand | 54/58 | €45,989 | €47,289 | +€1,299 | +2.8% |
| Total equity and liabilities | 10/49 | €52,186 | €65,822 | +€13,636 | +26.1% |
| Equity | 10/15 | €37,113 | €46,747 | +€9,634 | +26.0% |
| Reserves | 13 | €37,000 | €37,000 | = | 0.0% |
| Distributable reserves | 133 | €37,000 | €37,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €113 | €9,747 | +€9,634 | +8,562% |
| Amounts payable | 17/49 | €15,074 | €19,076 | +€4,002 | +26.6% |
| Amounts payable within one year | 42/48 | €15,074 | €19,076 | +€4,002 | +26.6% |
| Trade debts | 44 | - | €565 | +€565 | |
| Suppliers | 440/4 | - | €565 | +€565 | |
| Taxes, remuneration and social security | 45 | €10,668 | - | -€10,668 | |
| Taxes | 450/3 | €10,668 | - | -€10,668 | |
| Other amounts payable | 47/48 | €4,406 | €18,511 | +€14,105 | +320% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,998 | €5,308 | +€3,310 | +166% |
| Other operating charges | 640/8 | - | €1,736 | +€1,736 | |
| Gross operating margin | 9900 | €32,410 | €17,862 | -€14,548 | -44.9% |
| Operating profit (loss) | 9901 | €30,412 | €10,819 | -€19,594 | -64.4% |
| Financial charges | 65/66B | €45 | €94 | +€49 | +108% |
| Recurring financial charges | 65 | €45 | €94 | +€49 | +108% |
| Profit (loss) for the period before taxes | 9903 | €30,367 | €10,725 | -€19,642 | -64.7% |
| Income taxes | 67/77 | €6,218 | €3,319 | -€2,899 | -46.6% |
| Profit (loss) for the period | 9904 | €24,149 | €7,406 | -€16,743 | -69.3% |
| Profit (loss) for the period to be appropriated | 9905 | €24,149 | €7,406 | -€16,743 | -69.3% |
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 27 October 2026 via checked.be.