VIL-MOTOR: 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.
VIL-MOTOR
Largest movements
- Stocks and contracts -€369,860
down €369,860 (-67.3%), from €549,932 to €180,072
- Cash +€309,062
up €309,062 (+95.5%), from €323,501 to €632,563
mainly Other debts (+€489,829) and Stocks and contracts (+€369,860)
- Receivables within one year -€105,007
down €105,007 (-21.1%), from €498,786 to €393,779
of which Trade receivables: -€85,618
- Tangible fixed assets +€16,165
up €16,165 (+154%), from €10,522 to €26,687
of which Furniture and vehicles: +€15,369
- Other debts +€489,829
new in 2025: €489,829
- Trade debts -€467,689
down €467,689 (-78.4%), from €596,429 to €128,740
- Advances received -€151,557
down €151,557 (-59.8%), from €253,650 to €102,092
- Tax, wage and social debts +€92,097
up €92,097 (+138%), from €66,855 to €158,952
of which Remuneration and social security: +€56,515
- Profit (loss) carried forward -€85,895
down €85,895 (-49.8%), from €172,574 to €86,679
- Staff costs +€160,180
up €160,180 (+30.2%), from €530,952 to €691,132
- Gross operating margin +€36,980
up €36,980 (+6.4%), from €582,118 to €619,097
- Provisions -€31,552
down €31,552, from €4,910 to -€26,641
- Write-downs -€6,553
down €6,553, from €1,711 to -€4,842
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 | €1,398,288 | €1,248,412 | -€149,876 | -10.7% |
| Fixed assets | 21/28 | €10,822 | €26,987 | +€16,165 | +149% |
| Tangible fixed assets | 22/27 | €10,522 | €26,687 | +€16,165 | +154% |
| Plant, machinery and equipment | 23 | €2,676 | €3,472 | +€796 | +29.7% |
| Furniture and vehicles | 24 | €7,846 | €23,215 | +€15,369 | +196% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €1,387,466 | €1,221,425 | -€166,041 | -12.0% |
| Stocks and contracts in progress | 3 | €549,932 | €180,072 | -€369,860 | -67.3% |
| Stocks | 30/36 | €549,932 | €180,072 | -€369,860 | -67.3% |
| Amounts receivable within one year | 40/41 | €498,786 | €393,779 | -€105,007 | -21.1% |
| Trade receivables | 40 | €474,778 | €389,160 | -€85,618 | -18.0% |
| Other amounts receivable | 41 | €24,008 | €4,619 | -€19,389 | -80.8% |
| Cash at bank and in hand | 54/58 | €323,501 | €632,563 | +€309,062 | +95.5% |
| Deferred charges and accrued income | 490/1 | €15,247 | €15,011 | -€237 | -1.6% |
| Total equity and liabilities | 10/49 | €1,398,288 | €1,248,412 | -€149,876 | -10.7% |
| Equity | 10/15 | €454,693 | €368,798 | -€85,895 | -18.9% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €207,751 | €207,751 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Tax-exempt reserves | 132 | €314 | €314 | = | 0.0% |
| Distributable reserves | 133 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €172,574 | €86,679 | -€85,895 | -49.8% |
| Provisions and deferred taxes | 16 | €26,641 | - | -€26,641 | |
| Provisions for liabilities and charges | 160/5 | €26,641 | - | -€26,641 | |
| Other liabilities and charges | 164/5 | €26,641 | - | -€26,641 | |
| Amounts payable | 17/49 | €916,954 | €879,614 | -€37,340 | -4.1% |
| Amounts payable within one year | 42/48 | €916,933 | €879,614 | -€37,319 | -4.1% |
| Trade debts | 44 | €596,429 | €128,740 | -€467,689 | -78.4% |
| Suppliers | 440/4 | €596,429 | €128,740 | -€467,689 | -78.4% |
| Advances received on contracts in progress | 46 | €253,650 | €102,092 | -€151,557 | -59.8% |
| Taxes, remuneration and social security | 45 | €66,855 | €158,952 | +€92,097 | +138% |
| Taxes | 450/3 | €349 | €35,931 | +€35,582 | +10,201% |
| Remuneration and social security | 454/9 | €66,506 | €123,021 | +€56,515 | +85.0% |
| Other amounts payable | 47/48 | - | €489,829 | +€489,829 | |
| Accrued charges and deferred income | 492/3 | €20 | - | -€20 | |
| Non-recurring operating income | 76A | €395 | €506 | +€111 | +28.1% |
| Remuneration, social security and pensions | 62 | €530,952 | €691,132 | +€160,180 | +30.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,523 | €9,600 | +€1,077 | +12.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,711 | -€4,842 | -€6,553 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €4,910 | -€26,641 | -€31,552 | |
| Other operating charges | 640/8 | €19,444 | €20,580 | +€1,136 | +5.8% |
| Non-recurring operating charges | 66A | - | €123 | +€123 | |
| Gross operating margin | 9900 | €582,118 | €619,097 | +€36,980 | +6.4% |
| Operating profit (loss) | 9901 | €16,576 | -€70,855 | -€87,431 | |
| Financial income | 75/76B | €112 | €174 | +€62 | +55.5% |
| Recurring financial income | 75 | €112 | €174 | +€62 | +55.5% |
| Financial charges | 65/66B | €11,878 | €14,833 | +€2,955 | +24.9% |
| Recurring financial charges | 65 | €11,878 | €14,833 | +€2,955 | +24.9% |
| Profit (loss) for the period before taxes | 9903 | €4,810 | -€85,514 | -€90,324 | |
| Income taxes | 67/77 | €349 | €381 | +€32 | +9.2% |
| Profit (loss) for the period | 9904 | €4,462 | -€85,895 | -€90,356 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,462 | -€85,895 | -€90,356 |
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 31 October 2026 via checked.be.