VIPISCINE: 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.
VIPISCINE
Largest movements
- Receivables within one year +€3,801
up €3,801 (+30.2%), from €12,597 to €16,398
- Cash -€2,681
down €2,681 (-58.1%), from €4,617 to €1,936
mainly Receivables within one year (-€3,801) and Trade debts (-€761)
- Tangible fixed assets -€535
down €535 (-33.3%), from €1,605 to €1,070
- Profit (loss) carried forward +€1,380
up €1,380 (+147%), from €939 to €2,319
- Trade debts -€761
down €761 (-25.8%), from €2,953 to €2,192
- Depreciation -€1,350
down €1,350 (-71.6%), from €1,885 to €535
- Gross operating margin -€1,193
down €1,193 (-31.4%), from €3,800 to €2,608
- Taxes +€151
up €151 (+43.1%), from €351 to €502
- Financial charges -€115
down €115 (-37.7%), from €305 to €190
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,819 | €19,405 | +€585 | +3.1% |
| Fixed assets | 21/28 | €1,605 | €1,070 | -€535 | -33.3% |
| Tangible fixed assets | 22/27 | €1,605 | €1,070 | -€535 | -33.3% |
| Furniture and vehicles | 24 | €1,605 | €1,070 | -€535 | -33.3% |
| Current assets | 29/58 | €17,214 | €18,335 | +€1,120 | +6.5% |
| Amounts receivable within one year | 40/41 | €12,597 | €16,398 | +€3,801 | +30.2% |
| Other amounts receivable | 41 | €12,597 | €16,398 | +€3,801 | +30.2% |
| Cash at bank and in hand | 54/58 | €4,617 | €1,936 | -€2,681 | -58.1% |
| Total equity and liabilities | 10/49 | €18,819 | €19,405 | +€585 | +3.1% |
| Equity | 10/15 | €15,295 | €16,674 | +€1,380 | +9.0% |
| Contributions | 10/11 | €13,700 | €13,700 | = | 0.0% |
| Reserves | 13 | €655 | €655 | = | 0.0% |
| Non-distributable reserves | 130/1 | €655 | €655 | = | 0.0% |
| Reserves not available under the articles | 1311 | €655 | €655 | = | 0.0% |
| Profit (loss) carried forward | 14 | €939 | €2,319 | +€1,380 | +147% |
| Amounts payable | 17/49 | €3,525 | €2,730 | -€795 | -22.5% |
| Amounts payable within one year | 42/48 | €3,525 | €2,730 | -€795 | -22.5% |
| Trade debts | 44 | €2,953 | €2,192 | -€761 | -25.8% |
| Suppliers | 440/4 | €2,953 | €2,192 | -€761 | -25.8% |
| Taxes, remuneration and social security | 45 | €571 | €538 | -€34 | -5.9% |
| Taxes | 450/3 | €571 | €538 | -€34 | -5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,885 | €535 | -€1,350 | -71.6% |
| Gross operating margin | 9900 | €3,800 | €2,608 | -€1,193 | -31.4% |
| Operating profit (loss) | 9901 | €1,916 | €2,073 | +€157 | +8.2% |
| Financial charges | 65/66B | €305 | €190 | -€115 | -37.7% |
| Recurring financial charges | 65 | €305 | €190 | -€115 | -37.7% |
| Profit (loss) for the period before taxes | 9903 | €1,610 | €1,882 | +€272 | +16.9% |
| Income taxes | 67/77 | €351 | €502 | +€151 | +43.1% |
| Profit (loss) for the period | 9904 | €1,259 | €1,380 | +€121 | +9.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,259 | €1,380 | +€121 | +9.6% |
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 16 October 2026 via checked.be.