VIBAERO: 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.
VIBAERO
Largest movements
- Tangible fixed assets +€23,297
new in 2025: €23,297
of which Furniture and vehicles: +€21,924
- Deferred charges and accrued income -€5,081
down €5,081 (-64.2%), from €7,916 to €2,834
- Cash -€3,498
down €3,498 (-13.7%), from €25,612 to €22,115
mainly Investment in fixed assets (net) (-€29,829) and Tax, wage and social debts (-€8,856)
- Debts after one year +€16,067
new in 2025: €16,067
- Tax, wage and social debts -€8,856
down €8,856 (-87.9%), from €10,072 to €1,216
- Current portion of long-term debt +€4,697
new in 2025: €4,697
- Trade debts +€4,255
new in 2025: €4,255
- Profit (loss) carried forward -€1,473
down €1,473 (-7.0%), from €21,038 to €19,565
- Gross operating margin -€21,351
down €21,351 (-73.4%), from €29,096 to €7,746
- Depreciation +€6,531
new in 2025: €6,531
- Taxes -€6,415
down €6,415 (-84.1%), from €7,631 to €1,216
- Financial charges +€882
up €882 (+2,169%), from €41 to €922
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 | €33,610 | €48,299 | +€14,689 | +43.7% |
| Fixed assets | 21/28 | - | €23,297 | +€23,297 | |
| Tangible fixed assets | 22/27 | - | €23,297 | +€23,297 | |
| Furniture and vehicles | 24 | - | €21,924 | +€21,924 | |
| Other tangible fixed assets | 26 | - | €1,373 | +€1,373 | |
| Current assets | 29/58 | €33,610 | €25,002 | -€8,608 | -25.6% |
| Amounts receivable within one year | 40/41 | €82 | €53 | -€29 | -35.8% |
| Trade receivables | 40 | €82 | - | -€82 | |
| Other amounts receivable | 41 | - | €53 | +€53 | |
| Cash at bank and in hand | 54/58 | €25,612 | €22,115 | -€3,498 | -13.7% |
| Deferred charges and accrued income | 490/1 | €7,916 | €2,834 | -€5,081 | -64.2% |
| Total equity and liabilities | 10/49 | €33,610 | €48,299 | +€14,689 | +43.7% |
| Equity | 10/15 | €23,538 | €22,065 | -€1,473 | -6.3% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,038 | €19,565 | -€1,473 | -7.0% |
| Amounts payable | 17/49 | €10,072 | €26,234 | +€16,162 | +160% |
| Amounts payable after more than one year | 17 | - | €16,067 | +€16,067 | |
| Financial debts | 170/4 | - | €16,067 | +€16,067 | |
| Amounts payable within one year | 42/48 | €10,072 | €10,167 | +€95 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | - | €4,697 | +€4,697 | |
| Trade debts | 44 | - | €4,255 | +€4,255 | |
| Suppliers | 440/4 | - | €4,255 | +€4,255 | |
| Taxes, remuneration and social security | 45 | €10,072 | €1,216 | -€8,856 | -87.9% |
| Taxes | 450/3 | €10,072 | €1,216 | -€8,856 | -87.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €6,531 | +€6,531 | |
| Other operating charges | 640/8 | €387 | €549 | +€161 | +41.7% |
| Gross operating margin | 9900 | €29,096 | €7,746 | -€21,351 | -73.4% |
| Operating profit (loss) | 9901 | €28,709 | €666 | -€28,043 | -97.7% |
| Financial charges | 65/66B | €41 | €922 | +€882 | +2,169% |
| Recurring financial charges | 65 | €41 | €922 | +€882 | +2,169% |
| Profit (loss) for the period before taxes | 9903 | €28,668 | -€257 | -€28,925 | |
| Income taxes | 67/77 | €7,631 | €1,216 | -€6,415 | -84.1% |
| Profit (loss) for the period | 9904 | €21,038 | -€1,473 | -€22,510 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,038 | -€1,473 | -€22,510 |
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.