VICTOIRE-WASH: what changed
VICTOIRE-WASH
Largest movements
- Cash -€28,446
down €28,446 (-31.5%), from €90,231 to €61,785
mainly Other debts (-€27,504) and Net result for the year (-€7,042)
- Tangible fixed assets -€9,111
down €9,111 (-3.9%), from €234,930 to €225,819
- Other debts -€27,504
down €27,504 (-8.2%), from €335,095 to €307,590
- Profit (loss) carried forward -€7,042
down €7,042 (-35.6%), from -€19,758 to -€26,800
- Turnover -€16,500
no longer reported in 2025 (was €16,500)
- Staff costs +€8,100
up €8,100 (+736%), from €1,100 to €9,200
- Purchases and services -€5,996
no longer reported in 2025 (was €5,996)
- Gross operating margin +€4,521
up €4,521 (+36.7%), from €12,314 to €16,835
- Other operating charges -€2,575
down €2,575 (-32.0%), from €8,058 to €5,483
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €325,162 | €287,604 | -€37,557 | -11.6% |
| Fixed assets | 21/28 | €234,930 | €225,819 | -€9,111 | -3.9% |
| Tangible fixed assets | 22/27 | €234,930 | €225,819 | -€9,111 | -3.9% |
| Land and buildings | 22 | €234,930 | €225,819 | -€9,111 | -3.9% |
| Current assets | 29/58 | €90,231 | €61,785 | -€28,446 | -31.5% |
| Cash at bank and in hand | 54/58 | €90,231 | €61,785 | -€28,446 | -31.5% |
| Total equity and liabilities | 10/49 | €325,162 | €287,604 | -€37,557 | -11.6% |
| Equity | 10/15 | -€13,558 | -€20,600 | -€7,042 | -51.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,758 | -€26,800 | -€7,042 | -35.6% |
| Amounts payable | 17/49 | €338,719 | €308,204 | -€30,515 | -9.0% |
| Amounts payable within one year | 42/48 | €338,719 | €308,204 | -€30,515 | -9.0% |
| Trade debts | 44 | €3,107 | €97 | -€3,010 | -96.9% |
| Suppliers | 440/4 | €3,107 | €97 | -€3,010 | -96.9% |
| Taxes, remuneration and social security | 45 | €517 | €517 | = | 0.0% |
| Taxes | 450/3 | €517 | €517 | = | 0.0% |
| Other amounts payable | 47/48 | €335,095 | €307,590 | -€27,504 | -8.2% |
| Turnover | 70 | €16,500 | - | -€16,500 | |
| Goods, raw materials, services and sundry goods | 60/61 | €5,996 | - | -€5,996 | |
| Remuneration, social security and pensions | 62 | €1,100 | €9,200 | +€8,100 | +736% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,111 | €9,111 | = | 0.0% |
| Other operating charges | 640/8 | €8,058 | €5,483 | -€2,575 | -32.0% |
| Gross operating margin | 9900 | €12,314 | €16,835 | +€4,521 | +36.7% |
| Operating profit (loss) | 9901 | -€5,955 | -€6,959 | -€1,004 | -16.9% |
| Financial charges | 65/66B | €101 | €83 | -€18 | -17.4% |
| Recurring financial charges | 65 | €101 | €83 | -€18 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | -€6,056 | -€7,042 | -€986 | -16.3% |
| Profit (loss) for the period | 9904 | -€6,056 | -€7,042 | -€986 | -16.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,056 | -€7,042 | -€986 | -16.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.