VLOT! PROJECTS: what changed
VLOT! PROJECTS
Largest movements
- Receivables within one year +€35,677
up €35,677 (+76.6%), from €46,568 to €82,245
of which Trade receivables: +€36,202
- Tangible fixed assets +€33,078
up €33,078 (+270%), from €12,258 to €45,335
- Stocks and contracts -€8,500
down €8,500 (-77.3%), from €11,000 to €2,500
- Cash +€1,574
up €1,574 (+36.4%), from €4,324 to €5,897
mainly Debts after one year (+€27,842) and Net result for the year (+€24,746)
- Debts after one year +€27,842
new in 2025: €27,842
- Profit (loss) carried forward +€24,746
up €24,746 (+342%), from €7,229 to €31,975
- Tax, wage and social debts +€8,937
up €8,937 (+430%), from €2,079 to €11,017
- Trade debts -€8,676
down €8,676 (-89.1%), from €9,739 to €1,063
- Current portion of long-term debt +€8,521
new in 2025: €8,521
- Gross operating margin +€56,620
up €56,620 (+1,264%), from €4,479 to €61,099
- Taxes +€10,200
up €10,200 (+2,500%), from €408 to €10,609
- Write-downs +€8,170
new in 2025: €8,170
- Other operating charges +€5,159
up €5,159 (+182%), from €2,830 to €7,989
- Depreciation -€3,262
down €3,262 (-31.5%), from €10,366 to €7,104
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,153 | €136,565 | +€61,412 | +81.7% |
| Fixed assets | 21/28 | €12,258 | €45,335 | +€33,078 | +270% |
| Tangible fixed assets | 22/27 | €12,258 | €45,335 | +€33,078 | +270% |
| Furniture and vehicles | 24 | €12,258 | €45,335 | +€33,078 | +270% |
| Current assets | 29/58 | €62,895 | €91,230 | +€28,334 | +45.0% |
| Stocks and contracts in progress | 3 | €11,000 | €2,500 | -€8,500 | -77.3% |
| Stocks | 30/36 | €11,000 | €2,500 | -€8,500 | -77.3% |
| Amounts receivable within one year | 40/41 | €46,568 | €82,245 | +€35,677 | +76.6% |
| Trade receivables | 40 | €36,377 | €72,579 | +€36,202 | +99.5% |
| Other amounts receivable | 41 | €10,191 | €9,666 | -€525 | -5.2% |
| Cash at bank and in hand | 54/58 | €4,324 | €5,897 | +€1,574 | +36.4% |
| Deferred charges and accrued income | 490/1 | €1,004 | €588 | -€416 | -41.5% |
| Total equity and liabilities | 10/49 | €75,153 | €136,565 | +€61,412 | +81.7% |
| Equity | 10/15 | €63,334 | €88,080 | +€24,746 | +39.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €37,506 | €37,506 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €35,646 | €35,646 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,229 | €31,975 | +€24,746 | +342% |
| Amounts payable | 17/49 | €11,818 | €48,485 | +€36,666 | +310% |
| Amounts payable after more than one year | 17 | - | €27,842 | +€27,842 | |
| Financial debts | 170/4 | - | €27,842 | +€27,842 | |
| Amounts payable within one year | 42/48 | €11,818 | €20,601 | +€8,783 | +74.3% |
| Current portion of amounts payable after more than one year | 42 | - | €8,521 | +€8,521 | |
| Trade debts | 44 | €9,739 | €1,063 | -€8,676 | -89.1% |
| Suppliers | 440/4 | €9,739 | €1,063 | -€8,676 | -89.1% |
| Taxes, remuneration and social security | 45 | €2,079 | €11,017 | +€8,937 | +430% |
| Taxes | 450/3 | €2,079 | €11,017 | +€8,937 | +430% |
| Accrued charges and deferred income | 492/3 | - | €42 | +€42 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,366 | €7,104 | -€3,262 | -31.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €8,170 | +€8,170 | |
| Other operating charges | 640/8 | €2,830 | €7,989 | +€5,159 | +182% |
| Gross operating margin | 9900 | €4,479 | €61,099 | +€56,620 | +1,264% |
| Operating profit (loss) | 9901 | -€8,716 | €37,837 | +€46,553 | |
| Financial income | 75/76B | €74 | €8 | -€67 | -89.7% |
| Recurring financial income | 75 | €74 | €8 | -€67 | -89.7% |
| Financial charges | 65/66B | €1,585 | €2,490 | +€905 | +57.1% |
| Recurring financial charges | 65 | €1,585 | €2,490 | +€905 | +57.1% |
| Profit (loss) for the period before taxes | 9903 | -€10,226 | €35,354 | +€45,581 | |
| Income taxes | 67/77 | €408 | €10,609 | +€10,200 | +2,500% |
| Profit (loss) for the period | 9904 | -€10,634 | €24,746 | +€35,380 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,634 | €24,746 | +€35,380 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.