VLAVIL: 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.
VLAVIL
Largest movements
- Cash +€100,395
up €100,395 (+399.5%), from €25,128 to €125,523
mainly Current investments (+€50,000) and Net result for the year (+€40,935)
- Current investments -€50,000
no longer reported in 2025 (was €50,000)
- Receivables within one year -€1,619
no longer reported in 2025 (was €1,619)
- Profit (loss) carried forward +€40,935
up €40,935 (+82.8%), from €49,447 to €90,383
- Tax, wage and social debts +€11,537
up €11,537 (+62.4%), from €18,496 to €30,033
- Trade debts -€3,084
down €3,084 (-98.5%), from €3,132 to €48
- Gross operating margin -€13,349
down €13,349 (-20.8%), from €64,139 to €50,791
- Financial income +€1,721
new in 2025: €1,721
- Taxes -€1,628
down €1,628 (-12.8%), from €12,768 to €11,139
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 | €77,551 | €126,038 | +€48,487 | +62.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €804 | €515 | -€289 | -36.0% |
| Intangible fixed assets | 21 | €1 | €0 | -€0 | -32.3% |
| Tangible fixed assets | 22/27 | €749 | €460 | -€289 | -38.6% |
| Furniture and vehicles | 24 | €749 | €460 | -€289 | -38.6% |
| Financial fixed assets | 28 | €54 | €54 | = | 0.0% |
| Current assets | 29/58 | €76,747 | €125,523 | +€48,776 | +63.6% |
| Amounts receivable within one year | 40/41 | €1,619 | - | -€1,619 | |
| Other amounts receivable | 41 | €1,619 | - | -€1,619 | |
| Current investments | 50/53 | €50,000 | - | -€50,000 | |
| Cash at bank and in hand | 54/58 | €25,128 | €125,523 | +€100,395 | +399.5% |
| Total equity and liabilities | 10/49 | €77,551 | €126,038 | +€48,487 | +62.5% |
| Equity | 10/15 | €50,447 | €91,383 | +€40,935 | +81.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,447 | €90,383 | +€40,935 | +82.8% |
| Amounts payable | 17/49 | €27,104 | €34,655 | +€7,552 | +27.9% |
| Amounts payable within one year | 42/48 | €27,104 | €34,655 | +€7,552 | +27.9% |
| Trade debts | 44 | €3,132 | €48 | -€3,084 | -98.5% |
| Suppliers | 440/4 | €3,132 | €48 | -€3,084 | -98.5% |
| Taxes, remuneration and social security | 45 | €18,496 | €30,033 | +€11,537 | +62.4% |
| Taxes | 450/3 | €18,496 | €30,033 | +€11,537 | +62.4% |
| Other amounts payable | 47/48 | €5,475 | €4,574 | -€902 | -16.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €118 | €289 | +€171 | +145.0% |
| Non-recurring operating charges | 66A | €1,696 | - | -€1,696 | |
| Gross operating margin | 9900 | €64,139 | €50,791 | -€13,349 | -20.8% |
| Operating profit (loss) | 9901 | €62,325 | €50,502 | -€11,823 | -19.0% |
| Financial income | 75/76B | - | €1,721 | +€1,721 | |
| Recurring financial income | 75 | - | €1,721 | +€1,721 | |
| Financial charges | 65/66B | €110 | €148 | +€38 | +34.6% |
| Recurring financial charges | 65 | €110 | €148 | +€38 | +34.6% |
| Profit (loss) for the period before taxes | 9903 | €62,215 | €52,074 | -€10,141 | -16.3% |
| Income taxes | 67/77 | €12,768 | €11,139 | -€1,628 | -12.8% |
| Profit (loss) for the period | 9904 | €49,447 | €40,935 | -€8,512 | -17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €49,447 | €40,935 | -€8,512 | -17.2% |
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 11 October 2026 via checked.be.