VK Beheer: 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.
VK Beheer
Largest movements
- Tangible fixed assets +€28,349
up €28,349 (+181%), from €15,667 to €44,016
of which Furniture and vehicles: +€31,534
- Cash -€3,333
down €3,333 (-37.1%), from €8,994 to €5,660
mainly Investment in fixed assets (net) (-€34,063) and Short-term financial debts (-€20,000)
- Deferred charges and accrued income +€3,018
new in 2026: €3,018
- Debts after one year +€24,237
new in 2026: €24,237
- Reserves +€22,547
up €22,547 (+140%), from €16,094 to €38,641
- Short-term financial debts -€20,000
no longer reported in 2026 (was €20,000)
- Current portion of long-term debt +€5,178
new in 2026: €5,178
- Accrued charges and deferred income -€4,032
no longer reported in 2026 (was €4,032)
- Gross operating margin +€12,367
up €12,367 (+52.8%), from €23,435 to €35,802
- Depreciation +€4,039
up €4,039 (+241%), from €1,675 to €5,714
- Taxes +€1,741
up €1,741 (+35.6%), from €4,886 to €6,627
- Financial charges +€780
up €780 (+160%), from €489 to €1,269
- Other operating charges -€732
down €732 (-65.0%), from €1,126 to €394
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €61,710 | €89,315 | +€27,605 | +44.7% |
| Fixed assets | 21/28 | €15,667 | €44,016 | +€28,349 | +181% |
| Tangible fixed assets | 22/27 | €15,667 | €44,016 | +€28,349 | +181% |
| Land and buildings | 22 | €14,951 | €11,766 | -€3,185 | -21.3% |
| Furniture and vehicles | 24 | €715 | €32,250 | +€31,534 | +4,408% |
| Current assets | 29/58 | €46,043 | €45,299 | -€745 | -1.6% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Other amounts receivable | 291 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,050 | €11,620 | -€430 | -3.6% |
| Trade receivables | 40 | €12,050 | €11,620 | -€430 | -3.6% |
| Cash at bank and in hand | 54/58 | €8,994 | €5,660 | -€3,333 | -37.1% |
| Deferred charges and accrued income | 490/1 | - | €3,018 | +€3,018 | |
| Total equity and liabilities | 10/49 | €61,710 | €89,315 | +€27,605 | +44.7% |
| Equity | 10/15 | €21,094 | €43,641 | +€22,547 | +107% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €16,094 | €38,641 | +€22,547 | +140% |
| Distributable reserves | 133 | €16,094 | €38,641 | +€22,547 | +140% |
| Amounts payable | 17/49 | €40,616 | €45,674 | +€5,058 | +12.5% |
| Amounts payable after more than one year | 17 | - | €24,237 | +€24,237 | |
| Financial debts | 170/4 | - | €24,237 | +€24,237 | |
| Amounts payable within one year | 42/48 | €36,584 | €21,437 | -€15,147 | -41.4% |
| Current portion of amounts payable after more than one year | 42 | - | €5,178 | +€5,178 | |
| Financial debts | 43 | €20,000 | - | -€20,000 | |
| Credit institutions | 430/8 | €20,000 | - | -€20,000 | |
| Trade debts | 44 | €3,998 | €2,870 | -€1,129 | -28.2% |
| Suppliers | 440/4 | €3,998 | €2,870 | -€1,129 | -28.2% |
| Taxes, remuneration and social security | 45 | €12,585 | €12,852 | +€267 | +2.1% |
| Taxes | 450/3 | €12,585 | €12,852 | +€267 | +2.1% |
| Other amounts payable | 47/48 | - | €538 | +€538 | |
| Accrued charges and deferred income | 492/3 | €4,032 | - | -€4,032 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,675 | €5,714 | +€4,039 | +241% |
| Other operating charges | 640/8 | €1,126 | €394 | -€732 | -65.0% |
| Gross operating margin | 9900 | €23,435 | €35,802 | +€12,367 | +52.8% |
| Operating profit (loss) | 9901 | €20,633 | €29,694 | +€9,060 | +43.9% |
| Financial income | 75/76B | €313 | €750 | +€437 | +140% |
| Recurring financial income | 75 | €313 | €750 | +€437 | +140% |
| Financial charges | 65/66B | €489 | €1,269 | +€780 | +160% |
| Recurring financial charges | 65 | €489 | €1,269 | +€780 | +160% |
| Profit (loss) for the period before taxes | 9903 | €20,457 | €29,175 | +€8,717 | +42.6% |
| Income taxes | 67/77 | €4,886 | €6,627 | +€1,741 | +35.6% |
| Profit (loss) for the period | 9904 | €15,571 | €22,547 | +€6,976 | +44.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,571 | €22,547 | +€6,976 | +44.8% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.