VIP GROUP: what changed
Two fiscal 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.
VIP GROUP
Largest movements
- Financial fixed assets -€161,212
down €161,212 (-17.7%), from €913,208 to €751,996
- Receivables within one year -€24,151
down €24,151 (-30.5%), from €79,251 to €55,100
of which Other amounts receivable: -€19,251
- Profit (loss) carried forward -€159,175
down €159,175 (-218.7%), from -€72,770 to -€231,945
- Other debts -€28,650
down €28,650 (-2.3%), from €1.2m to €1.2m
- Financial charges +€160,970
up €160,970 (+48643.3%), from €331 to €161,301
of which Non-recurring financial charges: +€161,212
- Gross operating margin -€5,233
down €5,233 (-29.3%), from €17,856 to €12,623
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 | €1,171,332 | €985,910 | -€185,422 | -15.8% |
| Fixed assets | 21/28 | €1,091,994 | €930,782 | -€161,212 | -14.8% |
| Intangible fixed assets | 21 | €178,786 | €178,786 | = | 0.0% |
| Financial fixed assets | 28 | €913,208 | €751,996 | -€161,212 | -17.7% |
| Current assets | 29/58 | €79,338 | €55,128 | -€24,210 | -30.5% |
| Amounts receivable within one year | 40/41 | €79,251 | €55,100 | -€24,151 | -30.5% |
| Trade receivables | 40 | €60,000 | €55,100 | -€4,900 | -8.2% |
| Other amounts receivable | 41 | €19,251 | - | -€19,251 | |
| Cash at bank and in hand | 54/58 | €87 | €28 | -€59 | -68.3% |
| Total equity and liabilities | 10/49 | €1,171,332 | €985,910 | -€185,422 | -15.8% |
| Equity | 10/15 | -€61,770 | -€220,945 | -€159,175 | -257.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €1,000 | €1,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000 | €1,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,770 | -€231,945 | -€159,175 | -218.7% |
| Amounts payable | 17/49 | €1,233,102 | €1,206,855 | -€26,247 | -2.1% |
| Amounts payable within one year | 42/48 | €1,233,102 | €1,206,855 | -€26,247 | -2.1% |
| Taxes, remuneration and social security | 45 | - | €2,403 | +€2,403 | |
| Taxes | 450/3 | - | €2,403 | +€2,403 | |
| Other amounts payable | 47/48 | €1,233,102 | €1,204,452 | -€28,650 | -2.3% |
| Gross operating margin | 9900 | €17,856 | €12,623 | -€5,233 | -29.3% |
| Operating profit (loss) | 9901 | €17,856 | €12,623 | -€5,233 | -29.3% |
| Financial charges | 65/66B | €331 | €161,301 | +€160,970 | +48643.3% |
| Recurring financial charges | 65 | €331 | €89 | -€242 | -73.1% |
| Non-recurring financial charges | 66B | - | €161,212 | +€161,212 | |
| Profit (loss) for the period before taxes | 9903 | €17,525 | -€148,678 | -€166,203 | |
| Income taxes | 67/77 | €10,497 | €10,497 | = | 0.0% |
| Profit (loss) for the period | 9904 | €7,028 | -€159,175 | -€166,203 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,028 | -€159,175 | -€166,203 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.