VIP TIME: 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 TIME
Largest movements
- Receivables within one year +€67,625
new in 2025: €67,625
of which Trade receivables: +€63,165
- Cash -€11,151
down €11,151 (-98.2%), from €11,355 to €204
- Tangible fixed assets -€9,449
down €9,449 (-40.9%), from €23,115 to €13,666
- Trade debts +€35,693
up €35,693 (+258.1%), from €13,827 to €49,520
- Profit (loss) carried forward +€7,327
up €7,327 (+54.1%), from €13,539 to €20,865
- Other debts +€5,832
up €5,832 (+169.9%), from €3,433 to €9,265
- Tax, wage and social debts -€1,826
down €1,826 (-49.7%), from €3,671 to €1,845
- Gross operating margin -€18,065
down €18,065 (-60.0%), from €30,094 to €12,029
- Depreciation -€4,395
down €4,395 (-43.1%), from €10,195 to €5,800
- Taxes -€3,376
down €3,376 (-92.9%), from €3,635 to €259
- Staff costs +€1,870
new in 2025: €1,870
- Other operating charges +€332
up €332 (+13.5%), from €2,453 to €2,785
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €44,470 | €91,495 | +€47,025 | +105.7% |
| Fixed assets | 21/28 | €23,115 | €13,666 | -€9,449 | -40.9% |
| Tangible fixed assets | 22/27 | €23,115 | €13,666 | -€9,449 | -40.9% |
| Furniture and vehicles | 24 | €23,115 | €13,666 | -€9,449 | -40.9% |
| Current assets | 29/58 | €21,355 | €77,829 | +€56,474 | +264.5% |
| Amounts receivable after more than one year | 29 | €10,000 | €10,000 | = | 0.0% |
| Trade receivables | 290 | €10,000 | €10,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €67,625 | +€67,625 | |
| Trade receivables | 40 | - | €63,165 | +€63,165 | |
| Other amounts receivable | 41 | - | €4,460 | +€4,460 | |
| Cash at bank and in hand | 54/58 | €11,355 | €204 | -€11,151 | -98.2% |
| Total equity and liabilities | 10/49 | €44,470 | €91,495 | +€47,025 | +105.7% |
| Equity | 10/15 | €23,539 | €30,865 | +€7,327 | +31.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,539 | €20,865 | +€7,327 | +54.1% |
| Amounts payable | 17/49 | €20,931 | €60,630 | +€39,699 | +189.7% |
| Amounts payable within one year | 42/48 | €20,931 | €60,630 | +€39,699 | +189.7% |
| Trade debts | 44 | €13,827 | €49,520 | +€35,693 | +258.1% |
| Suppliers | 440/4 | €13,827 | €49,520 | +€35,693 | +258.1% |
| Taxes, remuneration and social security | 45 | €3,671 | €1,845 | -€1,826 | -49.7% |
| Taxes | 450/3 | €3,671 | €1,845 | -€1,826 | -49.7% |
| Other amounts payable | 47/48 | €3,433 | €9,265 | +€5,832 | +169.9% |
| Remuneration, social security and pensions | 62 | - | €1,870 | +€1,870 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,195 | €5,800 | -€4,395 | -43.1% |
| Other operating charges | 640/8 | €2,453 | €2,785 | +€332 | +13.5% |
| Gross operating margin | 9900 | €30,094 | €12,029 | -€18,065 | -60.0% |
| Operating profit (loss) | 9901 | €17,445 | €1,574 | -€15,872 | -91.0% |
| Financial income | 75/76B | - | €57 | +€57 | |
| Recurring financial income | 75 | - | €57 | +€57 | |
| Financial charges | 65/66B | €272 | €335 | +€63 | +23.2% |
| Recurring financial charges | 65 | €272 | €335 | +€63 | +23.2% |
| Profit (loss) for the period before taxes | 9903 | €17,173 | €1,295 | -€15,878 | -92.5% |
| Income taxes | 67/77 | €3,635 | €259 | -€3,376 | -92.9% |
| Profit (loss) for the period | 9904 | €13,539 | €1,036 | -€12,502 | -92.3% |
| Profit (loss) for the period to be appropriated | 9905 | €13,539 | €1,036 | -€12,502 | -92.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.