VIPeter: 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.
VIPeter
Largest movements
- Tangible fixed assets +€139,403
up €139,403 (+346.1%), from €40,277 to €179,680
of which Land and buildings: +€127,042
- Cash -€89,772
down €89,772 (-99.6%), from €90,109 to €337
mainly Investment in fixed assets (net) (-€175,044) and Net result for the year (-€31,664)
- Receivables within one year +€2,779
up €2,779 (+774.8%), from €359 to €3,138
- Other debts +€93,913
up €93,913 (+49.8%), from €188,441 to €282,355
- Profit (loss) carried forward -€31,664
down €31,664 (-31.1%), from -€101,971 to -€133,635
- Debts after one year -€14,652
down €14,652 (-83.1%), from €17,622 to €2,970
- Trade debts +€5,044
up €5,044, from €0 to €5,044
- Depreciation +€20,720
up €20,720 (+138.9%), from €14,921 to €35,641
- Gross operating margin -€9,587
down €9,587 (-58.3%), from €16,447 to €6,859
- Financial charges -€528
down €528 (-28.2%), from €1,875 to €1,347
- Other operating charges +€295
up €295 (+23.8%), from €1,240 to €1,535
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 | €131,231 | €184,750 | +€53,519 | +40.8% |
| Fixed assets | 21/28 | €40,277 | €179,680 | +€139,403 | +346.1% |
| Tangible fixed assets | 22/27 | €40,277 | €179,680 | +€139,403 | +346.1% |
| Land and buildings | 22 | €39,508 | €166,550 | +€127,042 | +321.6% |
| Plant, machinery and equipment | 23 | €768 | €620 | -€148 | -19.3% |
| Assets under construction and advance payments | 27 | - | €12,510 | +€12,510 | |
| Current assets | 29/58 | €90,954 | €5,070 | -€85,884 | -94.4% |
| Amounts receivable within one year | 40/41 | €359 | €3,138 | +€2,779 | +774.8% |
| Other amounts receivable | 41 | €359 | €3,138 | +€2,779 | +774.8% |
| Cash at bank and in hand | 54/58 | €90,109 | €337 | -€89,772 | -99.6% |
| Deferred charges and accrued income | 490/1 | €486 | €1,594 | +€1,108 | +227.8% |
| Total equity and liabilities | 10/49 | €131,231 | €184,750 | +€53,519 | +40.8% |
| Equity | 10/15 | -€89,571 | -€121,235 | -€31,664 | -35.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€101,971 | -€133,635 | -€31,664 | -31.1% |
| Amounts payable | 17/49 | €220,802 | €305,984 | +€85,182 | +38.6% |
| Amounts payable after more than one year | 17 | €17,622 | €2,970 | -€14,652 | -83.1% |
| Financial debts | 170/4 | €17,622 | €2,970 | -€14,652 | -83.1% |
| Amounts payable within one year | 42/48 | €203,180 | €303,015 | +€99,835 | +49.1% |
| Current portion of amounts payable after more than one year | 42 | €14,738 | €14,652 | -€86 | -0.6% |
| Trade debts | 44 | €0 | €5,044 | +€5,044 | |
| Suppliers | 440/4 | €0 | €5,044 | +€5,044 | |
| Taxes, remuneration and social security | 45 | €0 | €964 | +€964 | |
| Taxes | 450/3 | €0 | €964 | +€964 | |
| Other amounts payable | 47/48 | €188,441 | €282,355 | +€93,913 | +49.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,921 | €35,641 | +€20,720 | +138.9% |
| Other operating charges | 640/8 | €1,240 | €1,535 | +€295 | +23.8% |
| Gross operating margin | 9900 | €16,447 | €6,859 | -€9,587 | -58.3% |
| Operating profit (loss) | 9901 | €285 | -€30,317 | -€30,602 | |
| Financial charges | 65/66B | €1,875 | €1,347 | -€528 | -28.2% |
| Recurring financial charges | 65 | €1,875 | €1,347 | -€528 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,589 | -€31,664 | -€30,074 | -1892.1% |
| Profit (loss) for the period | 9904 | -€1,589 | -€31,664 | -€30,074 | -1892.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,589 | -€31,664 | -€30,074 | -1892.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.