VIBE: 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.
VIBE
Largest movements
- Receivables within one year +€6,935
up €6,935 (+674.4%), from €1,028 to €7,963
of which Trade receivables: +€6,809
- Cash -€2,541
down €2,541 (-16.5%), from €15,407 to €12,867
mainly Receivables within one year (-€6,935) and Other debts (-€2,268)
- Tangible fixed assets -€533
down €533 (-38.0%), from €1,403 to €870
- Reserves +€5,151
up €5,151 (+67.4%), from €7,648 to €12,799
- Other debts -€2,268
no longer reported in 2025 (was €2,268)
- Trade debts +€1,062
up €1,062 (+77.6%), from €1,368 to €2,430
- Gross operating margin +€18,843
up €18,843, from -€6,684 to €12,158
- Taxes +€3,998
up €3,998 (+1621.8%), from €247 to €4,245
- Financial charges +€690
up €690 (+75.2%), from €917 to €1,607
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 | €18,873 | €22,889 | +€4,016 | +21.3% |
| Fixed assets | 21/28 | €1,403 | €870 | -€533 | -38.0% |
| Tangible fixed assets | 22/27 | €1,403 | €870 | -€533 | -38.0% |
| Furniture and vehicles | 24 | €1,403 | €870 | -€533 | -38.0% |
| Current assets | 29/58 | €17,471 | €22,019 | +€4,548 | +26.0% |
| Amounts receivable within one year | 40/41 | €1,028 | €7,963 | +€6,935 | +674.4% |
| Trade receivables | 40 | €1,022 | €7,830 | +€6,809 | +666.4% |
| Other amounts receivable | 41 | €7 | €133 | +€126 | +1917.6% |
| Cash at bank and in hand | 54/58 | €15,407 | €12,867 | -€2,541 | -16.5% |
| Deferred charges and accrued income | 490/1 | €1,035 | €1,189 | +€154 | +14.9% |
| Total equity and liabilities | 10/49 | €18,873 | €22,889 | +€4,016 | +21.3% |
| Equity | 10/15 | €8,639 | €13,799 | +€5,159 | +59.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €7,648 | €12,799 | +€5,151 | +67.4% |
| Distributable reserves | 133 | €7,648 | €12,799 | +€5,151 | +67.4% |
| Profit (loss) carried forward | 14 | -€9 | - | +€9 | |
| Amounts payable | 17/49 | €10,234 | €9,090 | -€1,144 | -11.2% |
| Amounts payable within one year | 42/48 | €10,234 | €9,090 | -€1,144 | -11.2% |
| Trade debts | 44 | €1,368 | €2,430 | +€1,062 | +77.6% |
| Suppliers | 440/4 | €1,368 | €2,430 | +€1,062 | +77.6% |
| Taxes, remuneration and social security | 45 | €6,598 | €6,660 | +€62 | +0.9% |
| Taxes | 450/3 | €6,598 | €6,660 | +€62 | +0.9% |
| Other amounts payable | 47/48 | €2,268 | - | -€2,268 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €496 | €533 | +€37 | +7.4% |
| Other operating charges | 640/8 | €538 | €551 | +€12 | +2.3% |
| Non-recurring operating charges | 66A | €63 | €63 | +€0 | +0.5% |
| Gross operating margin | 9900 | -€6,684 | €12,158 | +€18,843 | |
| Operating profit (loss) | 9901 | -€7,782 | €11,011 | +€18,793 | |
| Financial income | 75/76B | €42 | - | -€42 | |
| Recurring financial income | 75 | €42 | - | -€42 | |
| Financial charges | 65/66B | €917 | €1,607 | +€690 | +75.2% |
| Recurring financial charges | 65 | €917 | €1,607 | +€690 | +75.2% |
| Profit (loss) for the period before taxes | 9903 | -€8,657 | €9,404 | +€18,062 | |
| Income taxes | 67/77 | €247 | €4,245 | +€3,998 | +1621.8% |
| Profit (loss) for the period | 9904 | -€8,904 | €5,159 | +€14,063 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,904 | €5,159 | +€14,063 |
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 10 October 2026 via checked.be.