VIG EXPRESS: 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.
VIG EXPRESS
Largest movements
- Cash -€8,531
down €8,531 (-60.8%), from €14,020 to €5,489
mainly Trade debts (-€7,918) and Receivables within one year (-€3,814)
- Receivables within one year +€3,814
up €3,814 (+10.4%), from €36,658 to €40,472
of which Other amounts receivable: +€3,025
- Tangible fixed assets -€1,683
down €1,683 (-39.8%), from €4,231 to €2,548
- Trade debts -€7,918
down €7,918 (-96.2%), from €8,231 to €312
- Tax, wage and social debts +€3,746
up €3,746 (+34.0%), from €11,015 to €14,761
- Other debts -€2,000
no longer reported in 2025 (was €2,000)
- Turnover -€19,961
down €19,961 (-16.3%), from €122,125 to €102,164
- Gross operating margin -€16,773
down €16,773, from €13,135 to -€3,638
- Financial income +€11,259
up €11,259 (+112587900.0%), from €0 to €11,259
- Purchases and services -€3,890
down €3,890 (-3.5%), from €111,820 to €107,930
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 | €55,599 | €49,199 | -€6,400 | -11.5% |
| Fixed assets | 21/28 | €4,231 | €2,548 | -€1,683 | -39.8% |
| Tangible fixed assets | 22/27 | €4,231 | €2,548 | -€1,683 | -39.8% |
| Furniture and vehicles | 24 | €4,231 | €2,548 | -€1,683 | -39.8% |
| Current assets | 29/58 | €51,368 | €46,651 | -€4,717 | -9.2% |
| Amounts receivable within one year | 40/41 | €36,658 | €40,472 | +€3,814 | +10.4% |
| Trade receivables | 40 | €33,062 | €33,850 | +€789 | +2.4% |
| Other amounts receivable | 41 | €3,597 | €6,622 | +€3,025 | +84.1% |
| Cash at bank and in hand | 54/58 | €14,020 | €5,489 | -€8,531 | -60.8% |
| Deferred charges and accrued income | 490/1 | €690 | €690 | = | 0.0% |
| Total equity and liabilities | 10/49 | €55,599 | €49,199 | -€6,400 | -11.5% |
| Equity | 10/15 | €34,353 | €34,126 | -€227 | -0.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,953 | €21,726 | -€227 | -1.0% |
| Amounts payable | 17/49 | €21,246 | €15,073 | -€6,173 | -29.1% |
| Amounts payable within one year | 42/48 | €21,246 | €15,073 | -€6,173 | -29.1% |
| Trade debts | 44 | €8,231 | €312 | -€7,918 | -96.2% |
| Suppliers | 440/4 | €8,231 | €312 | -€7,918 | -96.2% |
| Taxes, remuneration and social security | 45 | €11,015 | €14,761 | +€3,746 | +34.0% |
| Taxes | 450/3 | €11,015 | €14,761 | +€3,746 | +34.0% |
| Other amounts payable | 47/48 | €2,000 | - | -€2,000 | |
| Turnover | 70 | €122,125 | €102,164 | -€19,961 | -16.3% |
| Non-recurring operating income | 76A | €2,830 | - | -€2,830 | |
| Goods, raw materials, services and sundry goods | 60/61 | €111,820 | €107,930 | -€3,890 | -3.5% |
| Remuneration, social security and pensions | 62 | €135 | €18 | -€117 | -86.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €869 | €1,683 | +€814 | +93.8% |
| Other operating charges | 640/8 | €1,357 | €1,342 | -€14 | -1.0% |
| Gross operating margin | 9900 | €13,135 | -€3,638 | -€16,773 | |
| Operating profit (loss) | 9901 | €10,775 | -€6,682 | -€17,457 | |
| Financial income | 75/76B | €0 | €11,259 | +€11,259 | +112587900.0% |
| Recurring financial income | 75 | €0 | €11,259 | +€11,259 | +112587900.0% |
| Financial charges | 65/66B | €604 | €1,182 | +€578 | +95.7% |
| Recurring financial charges | 65 | €604 | €1,182 | +€578 | +95.7% |
| Profit (loss) for the period before taxes | 9903 | €10,171 | €3,395 | -€6,776 | -66.6% |
| Income taxes | 67/77 | €3,959 | €3,622 | -€336 | -8.5% |
| Profit (loss) for the period | 9904 | €6,212 | -€227 | -€6,440 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,212 | -€227 | -€6,440 |
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 12 October 2026 via checked.be.