VIPS-TODAY: 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.
VIPS-TODAY
Largest movements
- Cash +€39,265
up €39,265 (+222.6%), from €17,639 to €56,904
mainly Net result for the year (+€27,628) and Receivables within one year (+€16,137)
- Receivables within one year -€16,137
down €16,137 (-11.4%), from €141,176 to €125,039
of which Trade receivables: -€22,957
- Tangible fixed assets -€5,548
down €5,548 (-39.4%), from €14,075 to €8,527
of which Furniture and vehicles: -€7,099
- Current investments +€3,261
up €3,261 (+2.8%), from €115,154 to €118,415
- Reserves +€27,628
up €27,628 (+15.6%), from €176,895 to €204,522
of which Distributable reserves: +€27,628
- Trade debts -€9,098
down €9,098 (-83.8%), from €10,854 to €1,757
- Other debts +€5,839
up €5,839 (+7.6%), from €77,269 to €83,108
- Gross operating margin -€40,528
down €40,528 (-41.5%), from €97,732 to €57,203
- Taxes -€7,809
down €7,809 (-31.4%), from €24,885 to €17,076
- Depreciation -€5,012
down €5,012 (-30.9%), from €16,211 to €11,200
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 | €294,728 | €315,820 | +€21,092 | +7.2% |
| Fixed assets | 21/28 | €14,775 | €9,227 | -€5,548 | -37.6% |
| Tangible fixed assets | 22/27 | €14,075 | €8,527 | -€5,548 | -39.4% |
| Furniture and vehicles | 24 | €7,562 | €463 | -€7,099 | -93.9% |
| Other tangible fixed assets | 26 | €6,513 | €8,064 | +€1,551 | +23.8% |
| Financial fixed assets | 28 | €700 | €700 | = | 0.0% |
| Current assets | 29/58 | €279,953 | €306,593 | +€26,640 | +9.5% |
| Stocks and contracts in progress | 3 | €5,984 | €5,984 | = | 0.0% |
| Stocks | 30/36 | €5,984 | €5,984 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €141,176 | €125,039 | -€16,137 | -11.4% |
| Trade receivables | 40 | €108,495 | €85,538 | -€22,957 | -21.2% |
| Other amounts receivable | 41 | €32,681 | €39,501 | +€6,820 | +20.9% |
| Current investments | 50/53 | €115,154 | €118,415 | +€3,261 | +2.8% |
| Cash at bank and in hand | 54/58 | €17,639 | €56,904 | +€39,265 | +222.6% |
| Deferred charges and accrued income | 490/1 | - | €251 | +€251 | |
| Total equity and liabilities | 10/49 | €294,728 | €315,820 | +€21,092 | +7.2% |
| Equity | 10/15 | €183,270 | €210,897 | +€27,628 | +15.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €176,895 | €204,522 | +€27,628 | +15.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €175,035 | €202,662 | +€27,628 | +15.8% |
| Profit (loss) carried forward | 14 | €175 | €175 | = | 0.0% |
| Amounts payable | 17/49 | €111,459 | €104,923 | -€6,536 | -5.9% |
| Amounts payable after more than one year | 17 | €2,845 | - | -€2,845 | |
| Financial debts | 170/4 | €2,845 | - | -€2,845 | |
| Amounts payable within one year | 42/48 | €108,613 | €104,923 | -€3,691 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €5,482 | €2,845 | -€2,637 | -48.1% |
| Trade debts | 44 | €10,854 | €1,757 | -€9,098 | -83.8% |
| Suppliers | 440/4 | €10,854 | €1,757 | -€9,098 | -83.8% |
| Taxes, remuneration and social security | 45 | €15,008 | €17,213 | +€2,205 | +14.7% |
| Taxes | 450/3 | €15,008 | €17,213 | +€2,205 | +14.7% |
| Other amounts payable | 47/48 | €77,269 | €83,108 | +€5,839 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,211 | €11,200 | -€5,012 | -30.9% |
| Other operating charges | 640/8 | €1,681 | €1,016 | -€665 | -39.6% |
| Gross operating margin | 9900 | €97,732 | €57,203 | -€40,528 | -41.5% |
| Operating profit (loss) | 9901 | €79,839 | €44,988 | -€34,852 | -43.7% |
| Financial income | 75/76B | €297 | €556 | +€259 | +87.0% |
| Recurring financial income | 75 | €297 | €556 | +€259 | +87.0% |
| Financial charges | 65/66B | €1,115 | €840 | -€275 | -24.7% |
| Recurring financial charges | 65 | €1,115 | €840 | -€275 | -24.7% |
| Profit (loss) for the period before taxes | 9903 | €79,022 | €44,704 | -€34,318 | -43.4% |
| Income taxes | 67/77 | €24,885 | €17,076 | -€7,809 | -31.4% |
| Profit (loss) for the period | 9904 | €54,136 | €27,628 | -€26,509 | -49.0% |
| Profit (loss) for the period to be appropriated | 9905 | €54,136 | €27,628 | -€26,509 | -49.0% |
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 7 October 2026 via checked.be.