VLINPRO: 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.
VLINPRO
Largest movements
- Receivables within one year +€20,519
up €20,519 (+31.0%), from €66,148 to €86,666
- Tangible fixed assets -€12,128
down €12,128 (-4.9%), from €249,937 to €237,809
of which Other tangible fixed assets: -€11,487
- Reserves +€9,650
up €9,650 (+4.1%), from €232,954 to €242,604
- Debts after one year -€6,025
down €6,025 (-9.7%), from €61,858 to €55,832
- Gross operating margin +€8,987
up €8,987 (+57.5%), from €15,620 to €24,607
- Taxes +€2,578
up €2,578 (+679%), from €380 to €2,958
- Financial income +€1,366
up €1,366 (+39.7%), from €3,443 to €4,808
- Depreciation -€832
down €832 (-6.4%), from €12,961 to €12,128
- Financial charges +€684
up €684 (+27.7%), from €2,474 to €3,158
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 | €324,113 | €331,086 | +€6,973 | +2.2% |
| Fixed assets | 21/28 | €249,937 | €237,809 | -€12,128 | -4.9% |
| Tangible fixed assets | 22/27 | €249,937 | €237,809 | -€12,128 | -4.9% |
| Furniture and vehicles | 24 | €2,447 | €1,806 | -€642 | -26.2% |
| Other tangible fixed assets | 26 | €247,490 | €236,003 | -€11,487 | -4.6% |
| Current assets | 29/58 | €74,176 | €93,277 | +€19,101 | +25.8% |
| Amounts receivable within one year | 40/41 | €66,148 | €86,666 | +€20,519 | +31.0% |
| Other amounts receivable | 41 | €66,148 | €86,666 | +€20,519 | +31.0% |
| Cash at bank and in hand | 54/58 | €911 | €1,514 | +€602 | +66.1% |
| Deferred charges and accrued income | 490/1 | €7,117 | €5,097 | -€2,020 | -28.4% |
| Total equity and liabilities | 10/49 | €324,113 | €331,086 | +€6,973 | +2.2% |
| Equity | 10/15 | €245,354 | €255,004 | +€9,650 | +3.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €232,954 | €242,604 | +€9,650 | +4.1% |
| Distributable reserves | 133 | €232,954 | €242,604 | +€9,650 | +4.1% |
| Amounts payable | 17/49 | €78,759 | €76,082 | -€2,677 | -3.4% |
| Amounts payable after more than one year | 17 | €61,858 | €55,832 | -€6,025 | -9.7% |
| Financial debts | 170/4 | €61,858 | €55,832 | -€6,025 | -9.7% |
| Amounts payable within one year | 42/48 | €16,514 | €19,850 | +€3,336 | +20.2% |
| Current portion of amounts payable after more than one year | 42 | €5,757 | €6,025 | +€269 | +4.7% |
| Trade debts | 44 | €680 | €1,169 | +€489 | +71.9% |
| Suppliers | 440/4 | €680 | €1,169 | +€489 | +71.9% |
| Taxes, remuneration and social security | 45 | €380 | €2,958 | +€2,578 | +679% |
| Taxes | 450/3 | €380 | €2,958 | +€2,578 | +679% |
| Other amounts payable | 47/48 | €9,698 | €9,698 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Non-recurring operating income | 76A | - | €10,744 | +€10,744 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,961 | €12,128 | -€832 | -6.4% |
| Other operating charges | 640/8 | €2,023 | €1,520 | -€503 | -24.8% |
| Gross operating margin | 9900 | €15,620 | €24,607 | +€8,987 | +57.5% |
| Operating profit (loss) | 9901 | €636 | €10,958 | +€10,322 | +1,623% |
| Financial income | 75/76B | €3,443 | €4,808 | +€1,366 | +39.7% |
| Recurring financial income | 75 | €3,443 | €4,808 | +€1,366 | +39.7% |
| Financial charges | 65/66B | €2,474 | €3,158 | +€684 | +27.7% |
| Recurring financial charges | 65 | €2,474 | €3,158 | +€684 | +27.7% |
| Profit (loss) for the period before taxes | 9903 | €1,605 | €12,608 | +€11,003 | +686% |
| Income taxes | 67/77 | €380 | €2,958 | +€2,578 | +679% |
| Profit (loss) for the period | 9904 | €1,225 | €9,650 | +€8,425 | +688% |
| Profit (loss) for the period to be appropriated | 9905 | €1,225 | €9,650 | +€8,425 | +688% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.