VLOED: 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.
VLOED
Largest movements
- Receivables within one year +€14,793
up €14,793 (+7,132%), from €207 to €15,000
of which Trade receivables: +€15,000
- Tangible fixed assets -€5,474
down €5,474 (-100%), from €5,474 to €0
of which Furniture and vehicles: -€2,979
- Deferred charges and accrued income -€1,025
down €1,025 (-100%), from €1,025 to €0
- Cash -€539
down €539 (-90.7%), from €594 to €55
mainly Receivables within one year (-€14,793) and Other debts (-€6,594)
- Profit (loss) carried forward +€12,359
up €12,359, from -€11,771 to €588
- Other debts -€6,594
down €6,594 (-44.5%), from €14,827 to €8,233
- Tax, wage and social debts +€1,888
up €1,888 (+21,406%), from €9 to €1,897
- Gross operating margin +€19,709
up €19,709, from -€5,256 to €14,453
- Depreciation -€2,420
down €2,420 (-100%), from €2,420 to €0
- Taxes +€1,873
up €1,873 (+15,847%), from €12 to €1,885
- Other operating charges -€963
down €963 (-100%), from €963 to €0
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 | €7,300 | €15,055 | +€7,755 | +106% |
| Fixed assets | 21/28 | €5,474 | €0 | -€5,474 | -100% |
| Tangible fixed assets | 22/27 | €5,474 | €0 | -€5,474 | -100% |
| Plant, machinery and equipment | 23 | €2,495 | €0 | -€2,495 | -100% |
| Furniture and vehicles | 24 | €2,979 | €0 | -€2,979 | -100% |
| Current assets | 29/58 | €1,826 | €15,055 | +€13,229 | +724% |
| Amounts receivable within one year | 40/41 | €207 | €15,000 | +€14,793 | +7,132% |
| Trade receivables | 40 | €0 | €15,000 | +€15,000 | |
| Other amounts receivable | 41 | €207 | €0 | -€207 | -100% |
| Cash at bank and in hand | 54/58 | €594 | €55 | -€539 | -90.7% |
| Deferred charges and accrued income | 490/1 | €1,025 | €0 | -€1,025 | -100% |
| Total equity and liabilities | 10/49 | €7,300 | €15,055 | +€7,755 | +106% |
| Equity | 10/15 | -€7,818 | €4,541 | +€12,359 | |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €2,453 | €2,453 | = | 0.0% |
| Distributable reserves | 133 | €2,453 | €2,453 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,771 | €588 | +€12,359 | |
| Amounts payable | 17/49 | €15,118 | €10,515 | -€4,604 | -30.5% |
| Amounts payable within one year | 42/48 | €15,118 | €10,515 | -€4,604 | -30.5% |
| Trade debts | 44 | €282 | €384 | +€102 | +36.1% |
| Suppliers | 440/4 | €282 | €384 | +€102 | +36.1% |
| Taxes, remuneration and social security | 45 | €9 | €1,897 | +€1,888 | +21,406% |
| Taxes | 450/3 | €9 | €1,897 | +€1,888 | +21,406% |
| Other amounts payable | 47/48 | €14,827 | €8,233 | -€6,594 | -44.5% |
| Non-recurring operating income | 76A | - | €1,143 | +€1,143 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,420 | €0 | -€2,420 | -100% |
| Other operating charges | 640/8 | €963 | €0 | -€963 | -100% |
| Gross operating margin | 9900 | -€5,256 | €14,453 | +€19,709 | |
| Operating profit (loss) | 9901 | -€8,639 | €14,453 | +€23,092 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €153 | €209 | +€56 | +36.4% |
| Recurring financial charges | 65 | €153 | €209 | +€56 | +36.4% |
| Profit (loss) for the period before taxes | 9903 | -€8,793 | €14,244 | +€23,036 | |
| Income taxes | 67/77 | €12 | €1,885 | +€1,873 | +15,847% |
| Profit (loss) for the period | 9904 | -€8,804 | €12,359 | +€21,163 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,804 | €12,359 | +€21,163 |
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 14 October 2026 via checked.be.