VLK-technics: what changed
Two fiscal 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.
VLK-technics
Largest movements
- Receivables within one year -€12,672
down €12,672 (-30.4%), from €41,706 to €29,034
of which Trade receivables: -€9,317
- Cash +€12,204
up €12,204 (+18.3%), from €66,784 to €78,988
mainly Other debts (+€67,778) and Receivables within one year (+€12,672)
- Deferred charges and accrued income +€10,298
up €10,298 (+380.0%), from €2,710 to €13,008
- Tangible fixed assets -€6,697
down €6,697 (-73.8%), from €9,073 to €2,376
of which Furniture and vehicles: -€5,492
- Current investments +€6,000
up €6,000 (+19.4%), from €30,999 to €36,999
- Other debts +€67,778
up €67,778 (+105.1%), from €64,512 to €132,289
- Profit (loss) carried forward -€63,240
down €63,240 (-100.0%), from €63,240 to €0
- Tax, wage and social debts +€2,979
up €2,979 (+387.3%), from €769 to €3,748
- Gross operating margin -€7,295
down €7,295 (-35.9%), from €20,323 to €13,029
- Taxes -€1,980
down €1,980 (-58.5%), from €3,387 to €1,407
- Financial charges +€1,415
up €1,415 (+42.5%), from €3,326 to €4,742
- Financial income -€239
down €239 (-100.0%), from €239 to €0
- Depreciation -€231
down €231 (-16.1%), from €1,435 to €1,204
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 | €151,271 | €160,404 | +€9,134 | +6.0% |
| Fixed assets | 21/28 | €9,073 | €2,376 | -€6,697 | -73.8% |
| Tangible fixed assets | 22/27 | €9,073 | €2,376 | -€6,697 | -73.8% |
| Plant, machinery and equipment | 23 | €3,485 | €2,376 | -€1,109 | -31.8% |
| Furniture and vehicles | 24 | €5,492 | €0 | -€5,492 | -100.0% |
| Other tangible fixed assets | 26 | €95 | €0 | -€95 | -100.0% |
| Current assets | 29/58 | €142,198 | €158,028 | +€15,830 | +11.1% |
| Amounts receivable within one year | 40/41 | €41,706 | €29,034 | -€12,672 | -30.4% |
| Trade receivables | 40 | €31,030 | €21,714 | -€9,317 | -30.0% |
| Other amounts receivable | 41 | €10,675 | €7,320 | -€3,355 | -31.4% |
| Current investments | 50/53 | €30,999 | €36,999 | +€6,000 | +19.4% |
| Cash at bank and in hand | 54/58 | €66,784 | €78,988 | +€12,204 | +18.3% |
| Deferred charges and accrued income | 490/1 | €2,710 | €13,008 | +€10,298 | +380.0% |
| Total equity and liabilities | 10/49 | €151,271 | €160,404 | +€9,134 | +6.0% |
| Equity | 10/15 | €81,840 | €18,600 | -€63,240 | -77.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €63,240 | €0 | -€63,240 | -100.0% |
| Amounts payable | 17/49 | €69,431 | €141,804 | +€72,373 | +104.2% |
| Amounts payable within one year | 42/48 | €66,174 | €137,194 | +€71,021 | +107.3% |
| Trade debts | 44 | €893 | €1,157 | +€264 | +29.6% |
| Suppliers | 440/4 | €893 | €1,157 | +€264 | +29.6% |
| Taxes, remuneration and social security | 45 | €769 | €3,748 | +€2,979 | +387.3% |
| Taxes | 450/3 | €769 | €3,748 | +€2,979 | +387.3% |
| Other amounts payable | 47/48 | €64,512 | €132,289 | +€67,778 | +105.1% |
| Accrued charges and deferred income | 492/3 | €3,257 | €4,610 | +€1,353 | +41.5% |
| Non-recurring operating income | 76A | €0 | €58 | +€58 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,435 | €1,204 | -€231 | -16.1% |
| Other operating charges | 640/8 | €810 | €841 | +€31 | +3.8% |
| Gross operating margin | 9900 | €20,323 | €13,029 | -€7,295 | -35.9% |
| Operating profit (loss) | 9901 | €18,078 | €10,983 | -€7,095 | -39.2% |
| Financial income | 75/76B | €239 | €0 | -€239 | -100.0% |
| Recurring financial income | 75 | €239 | €0 | -€239 | -100.0% |
| Financial charges | 65/66B | €3,326 | €4,742 | +€1,415 | +42.5% |
| Recurring financial charges | 65 | €3,326 | €4,742 | +€1,415 | +42.5% |
| Profit (loss) for the period before taxes | 9903 | €14,991 | €6,241 | -€8,749 | -58.4% |
| Income taxes | 67/77 | €3,387 | €1,407 | -€1,980 | -58.5% |
| Profit (loss) for the period | 9904 | €11,603 | €4,834 | -€6,769 | -58.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,603 | €4,834 | -€6,769 | -58.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.