VIPPRO: 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.
VIPPRO
Largest movements
- Receivables within one year +€21,357
up €21,357 (+268%), from €7,962 to €29,318
of which Trade receivables: +€20,048
- Cash -€5,109
down €5,109 (-41.6%), from €12,276 to €7,166
mainly Receivables within one year (-€21,357) and Investment in fixed assets (net) (-€3,320)
- Tangible fixed assets +€1,873
up €1,873 (+48.6%), from €3,853 to €5,726
of which Other tangible fixed assets: +€3,006
- Reserves +€17,815
up €17,815 (+272%), from €6,551 to €24,365
- Tax, wage and social debts +€659
up €659 (+6.9%), from €9,514 to €10,173
of which Taxes: +€3,026
- Gross operating margin +€18,937
up €18,937 (+116%), from €16,365 to €35,302
- Taxes +€4,851
up €4,851 (+127%), from €3,830 to €8,682
- Staff costs +€2,102
up €2,102 (+209%), from €1,008 to €3,110
- Depreciation +€639
up €639 (+79.1%), from €808 to €1,447
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 | €25,641 | €43,733 | +€18,092 | +70.6% |
| Fixed assets | 21/28 | €3,853 | €5,726 | +€1,873 | +48.6% |
| Tangible fixed assets | 22/27 | €3,853 | €5,726 | +€1,873 | +48.6% |
| Plant, machinery and equipment | 23 | €1,114 | €612 | -€501 | -45.0% |
| Furniture and vehicles | 24 | €2,740 | €2,108 | -€631 | -23.0% |
| Other tangible fixed assets | 26 | - | €3,006 | +€3,006 | |
| Current assets | 29/58 | €21,788 | €38,006 | +€16,219 | +74.4% |
| Amounts receivable within one year | 40/41 | €7,962 | €29,318 | +€21,357 | +268% |
| Trade receivables | 40 | €7,962 | €28,010 | +€20,048 | +252% |
| Other amounts receivable | 41 | - | €1,309 | +€1,309 | |
| Cash at bank and in hand | 54/58 | €12,276 | €7,166 | -€5,109 | -41.6% |
| Deferred charges and accrued income | 490/1 | €1,550 | €1,522 | -€28 | -1.8% |
| Total equity and liabilities | 10/49 | €25,641 | €43,733 | +€18,092 | +70.6% |
| Equity | 10/15 | €13,551 | €31,365 | +€17,815 | +131% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €6,551 | €24,365 | +€17,815 | +272% |
| Distributable reserves | 133 | €6,551 | €24,365 | +€17,815 | +272% |
| Amounts payable | 17/49 | €12,090 | €12,367 | +€277 | +2.3% |
| Amounts payable within one year | 42/48 | €12,090 | €12,367 | +€277 | +2.3% |
| Trade debts | 44 | €2,576 | €2,194 | -€381 | -14.8% |
| Suppliers | 440/4 | €2,576 | €2,194 | -€381 | -14.8% |
| Taxes, remuneration and social security | 45 | €9,514 | €10,173 | +€659 | +6.9% |
| Taxes | 450/3 | €7,147 | €10,173 | +€3,026 | +42.3% |
| Remuneration and social security | 454/9 | €2,368 | €0 | -€2,368 | -100% |
| Remuneration, social security and pensions | 62 | €1,008 | €3,110 | +€2,102 | +209% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €808 | €1,447 | +€639 | +79.1% |
| Other operating charges | 640/8 | €1,048 | €1,231 | +€183 | +17.4% |
| Gross operating margin | 9900 | €16,365 | €35,302 | +€18,937 | +116% |
| Operating profit (loss) | 9901 | €13,501 | €29,515 | +€16,014 | +119% |
| Financial income | 75/76B | €1 | €55 | +€54 | +8,491% |
| Recurring financial income | 75 | €1 | €55 | +€54 | +8,491% |
| Financial charges | 65/66B | €3,121 | €3,073 | -€48 | -1.5% |
| Recurring financial charges | 65 | €3,121 | €3,073 | -€48 | -1.5% |
| Profit (loss) for the period before taxes | 9903 | €10,381 | €26,496 | +€16,115 | +155% |
| Income taxes | 67/77 | €3,830 | €8,682 | +€4,851 | +127% |
| Profit (loss) for the period | 9904 | €6,551 | €17,815 | +€11,264 | +172% |
| Profit (loss) for the period to be appropriated | 9905 | €6,551 | €17,815 | +€11,264 | +172% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.