VILVOLEASE: 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.
What changed
VILVOLEASE
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€193,781
2024 · -€1.1m+€890,013
Equity
€263,708
2024 · €457,490-€193,782
Cash
€821
2024 · €2,779-€1,958
Balance sheet total
€956,448
2024 · €1.1m-€159,848
Largest movements
Assets
- Receivables within one year -€157,890
down €157,890 (-18.3%), from €863,189 to €705,299
of which Other amounts receivable: -€162,153
Equity and liabilities
- Profit (loss) carried forward -€193,782
down €193,782 (-3.3%), from -€5.8m to -€6.0m
- Other debts +€27,248
up €27,248 (+4.7%), from €575,923 to €603,171
Income statement
- Taxes -€920,450
no longer reported in 2025 (was €920,450)
- Services and other goods -€47,811
down €47,811 (-20.2%), from €236,113 to €188,302
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.
Result 2024
-€1.1m
Other operating charges
+€576
Other operating items
-€8,770
Financial income
-€12,437
Financial charges
-€9,806
Taxes
+€920,450
Result 2025
-€193,781
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€1,957
Investment
€0
Financing
-€1
Cash 2024
€2,779
From operations (derived)
-€1,957
Net result for the year
-€193,781
Receivables within one year
+€157,890
Trade debts
+€6,116
Tax, wage and social debts
+€570
Other debts
+€27,248
Financing
-€1
Contributions, distributions and other
-€1
Cash 2025
€821
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,116,296 | €956,448 | -€159,848 | -14.3% |
| Fixed assets | 21/28 | €250,328 | €250,328 | = | 0.0% |
| Financial fixed assets | 28 | €250,328 | €250,328 | = | 0.0% |
| Affiliated companies | 280/1 | €250,328 | €250,328 | = | 0.0% |
| Participating interests | 280 | €328 | €328 | = | 0.0% |
| Amounts receivable | 281 | €250,000 | €250,000 | = | 0.0% |
| Current assets | 29/58 | €865,968 | €706,120 | -€159,848 | -18.5% |
| Amounts receivable within one year | 40/41 | €863,189 | €705,299 | -€157,890 | -18.3% |
| Trade receivables | 40 | - | €4,263 | +€4,263 | |
| Other amounts receivable | 41 | €863,189 | €701,036 | -€162,153 | -18.8% |
| Cash at bank and in hand | 54/58 | €2,779 | €821 | -€1,958 | -70.5% |
| Total equity and liabilities | 10/49 | €1,116,296 | €956,448 | -€159,848 | -14.3% |
| Equity | 10/15 | €457,490 | €263,708 | -€193,782 | -42.4% |
| Contributions | 10/11 | €5,716,493 | €5,716,493 | = | 0.0% |
| Capital | 10 | €5,708,000 | €5,708,000 | = | 0.0% |
| Issued capital | 100 | €5,708,000 | €5,708,000 | = | 0.0% |
| Contributions outside capital | 11 | €8,493 | €8,493 | = | 0.0% |
| Share premium | 1100/10 | €8,493 | €8,493 | = | 0.0% |
| Reserves | 13 | €570,800 | €570,800 | = | 0.0% |
| Non-distributable reserves | 130/1 | €570,800 | €570,800 | = | 0.0% |
| Legal reserve | 130 | €570,800 | €570,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,829,803 | -€6,023,585 | -€193,782 | -3.3% |
| Amounts payable | 17/49 | €658,806 | €692,740 | +€33,934 | +5.2% |
| Amounts payable within one year | 42/48 | €658,806 | €692,740 | +€33,934 | +5.2% |
| Trade debts | 44 | €82,883 | €88,999 | +€6,116 | +7.4% |
| Suppliers | 440/4 | €82,883 | €88,999 | +€6,116 | +7.4% |
| Taxes, remuneration and social security | 45 | - | €570 | +€570 | |
| Taxes | 450/3 | - | €570 | +€570 | |
| Other amounts payable | 47/48 | €575,923 | €603,171 | +€27,248 | +4.7% |
| Operating income | 70/76A | €56,581 | - | -€56,581 | |
| Other operating income | 74 | €5,421 | - | -€5,421 | |
| Non-recurring operating income | 76A | €51,160 | - | -€51,160 | |
| Operating charges | 60/66A | €237,130 | €188,743 | -€48,387 | -20.4% |
| Services and other goods | 61 | €236,113 | €188,302 | -€47,811 | -20.2% |
| Other operating charges | 640/8 | €1,017 | €441 | -€576 | -56.6% |
| Operating profit (loss) | 9901 | -€180,549 | -€188,743 | -€8,194 | -4.5% |
| Recurring financial income | 75 | €35,290 | €22,853 | -€12,437 | -35.2% |
| Income from current assets | 751 | €35,290 | €22,853 | -€12,437 | -35.2% |
| Financial charges | 65/66B | €18,085 | €27,891 | +€9,806 | +54.2% |
| Recurring financial charges | 65 | €18,085 | €27,891 | +€9,806 | +54.2% |
| Debt charges | 650 | €17,551 | €27,258 | +€9,707 | +55.3% |
| Other financial charges | 652/9 | €534 | €633 | +€99 | +18.5% |
| Profit (loss) for the period before taxes | 9903 | -€163,344 | -€193,781 | -€30,437 | -18.6% |
| Income taxes | 67/77 | €920,450 | - | -€920,450 | |
| Taxes | 670/3 | €920,450 | - | -€920,450 | |
| Profit (loss) for the period | 9904 | -€1,083,794 | -€193,781 | +€890,013 | +82.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,083,794 | -€193,781 | +€890,013 | +82.1% |
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 20 October 2026 via checked.be.