VILLEX: 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.
VILLEX
Largest movements
- Receivables after one year -€33,207
down €33,207 (-50.2%), from €66,130 to €32,923
- Cash +€9,047
up €9,047 (+19.8%), from €45,797 to €54,845
mainly Net result for the year (+€34,217) and Receivables after one year (+€33,207)
- Tangible fixed assets -€3,075
down €3,075 (-12.8%), from €24,074 to €20,999
of which Other tangible fixed assets: -€2,631
- Deferred charges and accrued income +€1,971
up €1,971 (+22.8%), from €8,655 to €10,626
- Other debts -€17,239
down €17,239 (-33.6%), from €51,330 to €34,090
- Reserves -€11,836
down €11,836 (-17.9%), from €65,997 to €54,161
of which Distributable reserves: -€11,836
- Tax, wage and social debts +€5,246
up €5,246 (+26.5%), from €19,771 to €25,018
of which Taxes: +€5,246
- Gross operating margin +€7,188
up €7,188 (+16.9%), from €42,498 to €49,686
- Financial income -€2,391
down €2,391 (-53.0%), from €4,515 to €2,124
- Taxes +€1,201
up €1,201 (+9.6%), from €12,526 to €13,728
- Depreciation -€1,004
down €1,004 (-24.6%), from €4,079 to €3,075
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 | €154,364 | €129,163 | -€25,201 | -16.3% |
| Fixed assets | 21/28 | €24,074 | €20,999 | -€3,075 | -12.8% |
| Tangible fixed assets | 22/27 | €24,074 | €20,999 | -€3,075 | -12.8% |
| Furniture and vehicles | 24 | €444 | €0 | -€444 | -100.0% |
| Other tangible fixed assets | 26 | €23,630 | €20,999 | -€2,631 | -11.1% |
| Current assets | 29/58 | €130,290 | €108,164 | -€22,126 | -17.0% |
| Amounts receivable after more than one year | 29 | €66,130 | €32,923 | -€33,207 | -50.2% |
| Other amounts receivable | 291 | €66,130 | €32,923 | -€33,207 | -50.2% |
| Amounts receivable within one year | 40/41 | €9,707 | €9,770 | +€63 | +0.6% |
| Trade receivables | 40 | €9,700 | €9,700 | = | 0.0% |
| Other amounts receivable | 41 | €7 | €70 | +€63 | +860.5% |
| Cash at bank and in hand | 54/58 | €45,797 | €54,845 | +€9,047 | +19.8% |
| Deferred charges and accrued income | 490/1 | €8,655 | €10,626 | +€1,971 | +22.8% |
| Total equity and liabilities | 10/49 | €154,364 | €129,163 | -€25,201 | -16.3% |
| Equity | 10/15 | €73,146 | €61,310 | -€11,836 | -16.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €65,997 | €54,161 | -€11,836 | -17.9% |
| Non-distributable reserves | 130/1 | €1,974 | €1,974 | = | 0.0% |
| Reserves not available under the articles | 1311 | €60 | €1,860 | +€1,800 | +3000.0% |
| Other | 1319 | €1,914 | €114 | -€1,800 | -94.0% |
| Distributable reserves | 133 | €64,023 | €52,187 | -€11,836 | -18.5% |
| Profit (loss) carried forward | 14 | €949 | €949 | = | 0.0% |
| Amounts payable | 17/49 | €81,218 | €67,853 | -€13,365 | -16.5% |
| Amounts payable within one year | 42/48 | €81,218 | €67,853 | -€13,365 | -16.5% |
| Trade debts | 44 | €10,117 | €8,745 | -€1,372 | -13.6% |
| Suppliers | 440/4 | €10,117 | €8,745 | -€1,372 | -13.6% |
| Taxes, remuneration and social security | 45 | €19,771 | €25,018 | +€5,246 | +26.5% |
| Taxes | 450/3 | €19,771 | €25,018 | +€5,246 | +26.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €51,330 | €34,090 | -€17,239 | -33.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,079 | €3,075 | -€1,004 | -24.6% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €42,498 | €49,686 | +€7,188 | +16.9% |
| Operating profit (loss) | 9901 | €37,905 | €46,083 | +€8,178 | +21.6% |
| Financial income | 75/76B | €4,515 | €2,124 | -€2,391 | -53.0% |
| Recurring financial income | 75 | €4,515 | €2,124 | -€2,391 | -53.0% |
| Financial charges | 65/66B | €219 | €262 | +€43 | +19.8% |
| Recurring financial charges | 65 | €219 | €262 | +€43 | +19.8% |
| Profit (loss) for the period before taxes | 9903 | €42,201 | €47,945 | +€5,743 | +13.6% |
| Income taxes | 67/77 | €12,526 | €13,728 | +€1,201 | +9.6% |
| Profit (loss) for the period | 9904 | €29,675 | €34,217 | +€4,542 | +15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €29,675 | €34,217 | +€4,542 | +15.3% |
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 11 October 2026 via checked.be.