VLASVELD IT SOLUTIONS: 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.
VLASVELD IT SOLUTIONS
Largest movements
- Tangible fixed assets +€59,299
up €59,299 (+19.5%), from €303,602 to €362,901
of which Land and buildings: +€46,803
- Cash -€16,404
down €16,404 (-62.0%), from €26,444 to €10,040
mainly Investment in fixed assets (net) (-€81,468) and Contributions, distributions and other (-€55,063)
- Receivables within one year +€13,136
up €13,136 (+41.0%), from €32,016 to €45,152
of which Trade receivables: +€12,920
- Deferred charges and accrued income -€5,748
down €5,748 (-64.1%), from €8,971 to €3,223
- Other debts +€60,729
up €60,729 (+314%), from €19,325 to €80,054
- Reserves -€28,787
down €28,787 (-63.5%), from €45,367 to €16,580
- Current portion of long-term debt +€11,644
new in 2025: €11,644
- Debts after one year +€10,911
up €10,911 (+3.8%), from €287,792 to €298,703
- Depreciation -€42,991
down €42,991 (-66.0%), from €65,160 to €22,169
- Gross operating margin -€15,404
down €15,404 (-17.1%), from €90,196 to €74,792
- Financial charges +€7,935
up €7,935 (+80.7%), from €9,827 to €17,762
- Taxes +€2,823
up €2,823 (+55.9%), from €5,047 to €7,869
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 | €374,317 | €427,819 | +€53,502 | +14.3% |
| Fixed assets | 21/28 | €303,602 | €362,901 | +€59,299 | +19.5% |
| Tangible fixed assets | 22/27 | €303,602 | €362,901 | +€59,299 | +19.5% |
| Land and buildings | 22 | €299,136 | €345,940 | +€46,803 | +15.6% |
| Plant, machinery and equipment | 23 | €364 | €0 | -€364 | -100% |
| Furniture and vehicles | 24 | €4,101 | €2,782 | -€1,319 | -32.2% |
| Other tangible fixed assets | 26 | - | €14,179 | +€14,179 | |
| Current assets | 29/58 | €70,715 | €64,918 | -€5,797 | -8.2% |
| Amounts receivable within one year | 40/41 | €32,016 | €45,152 | +€13,136 | +41.0% |
| Trade receivables | 40 | €20,092 | €33,012 | +€12,920 | +64.3% |
| Other amounts receivable | 41 | €11,924 | €12,140 | +€216 | +1.8% |
| Current investments | 50/53 | €3,284 | €6,503 | +€3,219 | +98.0% |
| Cash at bank and in hand | 54/58 | €26,444 | €10,040 | -€16,404 | -62.0% |
| Deferred charges and accrued income | 490/1 | €8,971 | €3,223 | -€5,748 | -64.1% |
| Total equity and liabilities | 10/49 | €374,317 | €427,819 | +€53,502 | +14.3% |
| Equity | 10/15 | €47,867 | €19,080 | -€28,787 | -60.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €45,367 | €16,580 | -€28,787 | -63.5% |
| Distributable reserves | 133 | €45,367 | €16,580 | -€28,787 | -63.5% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €326,449 | €408,739 | +€82,289 | +25.2% |
| Amounts payable after more than one year | 17 | €287,792 | €298,703 | +€10,911 | +3.8% |
| Financial debts | 170/4 | €287,792 | €298,703 | +€10,911 | +3.8% |
| Amounts payable within one year | 42/48 | €38,508 | €108,032 | +€69,525 | +181% |
| Current portion of amounts payable after more than one year | 42 | - | €11,644 | +€11,644 | |
| Financial debts | 43 | €6,596 | €6,162 | -€435 | -6.6% |
| Credit institutions | 430/8 | €6,596 | €6,162 | -€435 | -6.6% |
| Trade debts | 44 | €1,449 | €2,381 | +€932 | +64.3% |
| Suppliers | 440/4 | €1,449 | €2,381 | +€932 | +64.3% |
| Taxes, remuneration and social security | 45 | €11,136 | €7,791 | -€3,345 | -30.0% |
| Taxes | 450/3 | €8,645 | €5,389 | -€3,256 | -37.7% |
| Remuneration and social security | 454/9 | €2,491 | €2,402 | -€89 | -3.6% |
| Other amounts payable | 47/48 | €19,325 | €80,054 | +€60,729 | +314% |
| Accrued charges and deferred income | 492/3 | €150 | €2,003 | +€1,853 | +1,236% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €65,160 | €22,169 | -€42,991 | -66.0% |
| Other operating charges | 640/8 | €505 | €746 | +€241 | +47.7% |
| Gross operating margin | 9900 | €90,196 | €74,792 | -€15,404 | -17.1% |
| Operating profit (loss) | 9901 | €24,531 | €51,877 | +€27,346 | +111% |
| Financial income | 75/76B | €159 | €30 | -€129 | -81.2% |
| Recurring financial income | 75 | €159 | €30 | -€129 | -81.2% |
| Financial charges | 65/66B | €9,827 | €17,762 | +€7,935 | +80.7% |
| Recurring financial charges | 65 | €9,827 | €17,762 | +€7,935 | +80.7% |
| Profit (loss) for the period before taxes | 9903 | €14,863 | €34,145 | +€19,282 | +130% |
| Income taxes | 67/77 | €5,047 | €7,869 | +€2,823 | +55.9% |
| Profit (loss) for the period | 9904 | €9,816 | €26,275 | +€16,460 | +168% |
| Profit (loss) for the period to be appropriated | 9905 | €9,816 | €26,275 | +€16,460 | +168% |
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 21 October 2026 via checked.be.