VLERICO: 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.
VLERICO
Largest movements
- Cash -€1,040
down €1,040 (-79.6%), from €1,307 to €267
mainly Net result for the year (-€3,274) and Other debts (-€664)
- Receivables within one year +€543
up €543 (+452.5%), from €120 to €663
of which Other amounts receivable: +€498
- Deferred charges and accrued income +€348
new in 2025: €348
- Tangible fixed assets -€289
no longer reported in 2025 (was €289)
- Profit (loss) carried forward -€3,274
down €3,274 (-20.0%), from -€16,396 to -€19,670
- Accrued charges and deferred income +€3,099
new in 2025: €3,099
- Other debts -€664
down €664 (-25.4%), from €2,613 to €1,949
- Trade debts +€400
up €400 (+225.2%), from €178 to €578
- Gross operating margin -€2,287
down €2,287 (-488.5%), from -€468 to -€2,755
- Depreciation -€487
down €487 (-62.7%), from €776 to €289
- Other operating charges -€141
no longer reported in 2025 (was €141)
- Financial charges -€128
down €128 (-35.8%), from €357 to €229
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 | €1,717 | €1,278 | -€439 | -25.5% |
| Fixed assets | 21/28 | €289 | - | -€289 | |
| Tangible fixed assets | 22/27 | €289 | - | -€289 | |
| Plant, machinery and equipment | 23 | €289 | - | -€289 | |
| Current assets | 29/58 | €1,427 | €1,278 | -€149 | -10.5% |
| Amounts receivable within one year | 40/41 | €120 | €663 | +€543 | +452.5% |
| Trade receivables | 40 | €120 | €165 | +€45 | +37.5% |
| Other amounts receivable | 41 | - | €498 | +€498 | |
| Cash at bank and in hand | 54/58 | €1,307 | €267 | -€1,040 | -79.6% |
| Deferred charges and accrued income | 490/1 | - | €348 | +€348 | |
| Total equity and liabilities | 10/49 | €1,717 | €1,278 | -€439 | -25.5% |
| Equity | 10/15 | -€1,074 | -€4,348 | -€3,274 | -304.9% |
| Contributions | 10/11 | €12,462 | €12,462 | = | 0.0% |
| Reserves | 13 | €2,860 | €2,860 | = | 0.0% |
| Distributable reserves | 133 | €2,860 | €2,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,396 | -€19,670 | -€3,274 | -20.0% |
| Amounts payable | 17/49 | €2,791 | €5,626 | +€2,835 | +101.6% |
| Amounts payable within one year | 42/48 | €2,791 | €2,527 | -€264 | -9.5% |
| Trade debts | 44 | €178 | €578 | +€400 | +225.2% |
| Suppliers | 440/4 | €178 | €578 | +€400 | +225.2% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €2,613 | €1,949 | -€664 | -25.4% |
| Accrued charges and deferred income | 492/3 | - | €3,099 | +€3,099 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €776 | €289 | -€487 | -62.7% |
| Other operating charges | 640/8 | €141 | - | -€141 | |
| Gross operating margin | 9900 | -€468 | -€2,755 | -€2,287 | -488.5% |
| Operating profit (loss) | 9901 | -€1,385 | -€3,045 | -€1,660 | -119.8% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €357 | €229 | -€128 | -35.8% |
| Recurring financial charges | 65 | €357 | €229 | -€128 | -35.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,742 | -€3,274 | -€1,532 | -87.9% |
| Profit (loss) for the period | 9904 | -€1,742 | -€3,274 | -€1,532 | -87.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,742 | -€3,274 | -€1,532 | -87.9% |
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.