VI.BE: 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.
VI.BE
Largest movements
- Cash +€52,389
up €52,389 (+8.6%), from €611,279 to €663,669
mainly Tax, wage and social debts (+€51,184) and Advances received (+€44,095)
- Receivables within one year -€30,160
down €30,160 (-40.4%), from €74,628 to €44,468
of which Trade receivables: -€29,908
- Accrued charges and deferred income -€69,397
down €69,397 (-75.9%), from €91,397 to €22,000
- Tax, wage and social debts +€51,184
up €51,184 (+32.3%), from €158,508 to €209,692
of which Taxes: +€33,969
- Advances received +€44,095
up €44,095 (+2424.2%), from €1,819 to €45,914
- Reserves -€17,721
down €17,721 (-2.9%), from €619,471 to €601,750
- Trade debts +€13,337
up €13,337 (+26.6%), from €50,124 to €63,460
- Other operating charges +€93,520
up €93,520 (+287.9%), from €32,480 to €126,000
- Gross operating margin +€74,563
up €74,563 (+5.1%), from €1.5m to €1.5m
- Staff costs +€44,702
up €44,702 (+3.3%), from €1.4m to €1.4m
- Depreciation -€24,322
down €24,322 (-62.3%), from €39,026 to €14,703
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 | €921,449 | €942,947 | +€21,498 | +2.3% |
| Fixed assets | 21/28 | €21,031 | €22,851 | +€1,820 | +8.7% |
| Tangible fixed assets | 22/27 | €11,884 | €13,645 | +€1,761 | +14.8% |
| Plant, machinery and equipment | 23 | €11,537 | €7,984 | -€3,553 | -30.8% |
| Furniture and vehicles | 24 | €347 | €5,661 | +€5,314 | +1531.4% |
| Financial fixed assets | 28 | €9,148 | €9,207 | +€59 | +0.6% |
| Current assets | 29/58 | €900,418 | €920,095 | +€19,678 | +2.2% |
| Amounts receivable within one year | 40/41 | €74,628 | €44,468 | -€30,160 | -40.4% |
| Trade receivables | 40 | €73,375 | €43,468 | -€29,908 | -40.8% |
| Other amounts receivable | 41 | €1,252 | €1,000 | -€252 | -20.1% |
| Cash at bank and in hand | 54/58 | €611,279 | €663,669 | +€52,389 | +8.6% |
| Deferred charges and accrued income | 490/1 | €214,511 | €211,959 | -€2,552 | -1.2% |
| Total equity and liabilities | 10/49 | €921,449 | €942,947 | +€21,498 | +2.3% |
| Equity | 10/15 | €619,496 | €601,775 | -€17,721 | -2.9% |
| Contributions | 10/11 | €25 | €25 | = | 0.0% |
| Capital | 10 | €25 | €25 | = | 0.0% |
| Reserves | 13 | €619,471 | €601,750 | -€17,721 | -2.9% |
| Amounts payable | 17/49 | €301,953 | €341,172 | +€39,219 | +13.0% |
| Amounts payable within one year | 42/48 | €210,556 | €319,172 | +€108,616 | +51.6% |
| Trade debts | 44 | €50,124 | €63,460 | +€13,337 | +26.6% |
| Suppliers | 440/4 | €50,124 | €63,460 | +€13,337 | +26.6% |
| Advances received on contracts in progress | 46 | €1,819 | €45,914 | +€44,095 | +2424.2% |
| Taxes, remuneration and social security | 45 | €158,508 | €209,692 | +€51,184 | +32.3% |
| Taxes | 450/3 | €14,512 | €48,480 | +€33,969 | +234.1% |
| Remuneration and social security | 454/9 | €143,996 | €161,212 | +€17,215 | +12.0% |
| Accrued charges and deferred income | 492/3 | €91,397 | €22,000 | -€69,397 | -75.9% |
| Non-recurring operating income | 76A | €1,071 | - | -€1,071 | |
| Remuneration, social security and pensions | 62 | €1,361,907 | €1,406,609 | +€44,702 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,026 | €14,703 | -€24,322 | -62.3% |
| Other operating charges | 640/8 | €32,480 | €126,000 | +€93,520 | +287.9% |
| Gross operating margin | 9900 | €1,456,683 | €1,531,245 | +€74,563 | +5.1% |
| Operating profit (loss) | 9901 | €23,270 | -€16,067 | -€39,337 | |
| Financial income | 75/76B | €51 | €70 | +€19 | +37.5% |
| Recurring financial income | 75 | €51 | €70 | +€19 | +37.5% |
| Financial charges | 65/66B | €240 | €21 | -€219 | -91.3% |
| Recurring financial charges | 65 | €240 | €21 | -€219 | -91.3% |
| Profit (loss) for the period before taxes | 9903 | €23,081 | -€16,018 | -€39,100 | |
| Income taxes | 67/77 | €1,756 | €1,703 | -€53 | -3.0% |
| Profit (loss) for the period | 9904 | €21,325 | -€17,721 | -€39,046 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,325 | -€17,721 | -€39,046 |
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 7 October 2026 via checked.be.