VlotHR: 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.
VlotHR
Largest movements
- Cash -€35,971
down €35,971 (-22.6%), from €159,267 to €123,296
mainly Contributions, distributions and other (-€120,000) and Other debts (-€5,175)
- Reserves -€41,349
down €41,349 (-28.2%), from €146,855 to €105,506
- Tax, wage and social debts +€10,180
up €10,180 (+123.5%), from €8,242 to €18,422
of which Taxes: +€7,380
- Other debts -€5,175
down €5,175 (-52.9%), from €9,776 to €4,601
- Gross operating margin +€23,236
up €23,236 (+26.3%), from €88,410 to €111,646
- Taxes +€13,188
up €13,188 (+73.5%), from €17,939 to €31,127
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 | €185,237 | €148,077 | -€37,160 | -20.1% |
| Fixed assets | 21/28 | €6,471 | €5,897 | -€574 | -8.9% |
| Tangible fixed assets | 22/27 | €6,471 | €5,897 | -€574 | -8.9% |
| Plant, machinery and equipment | 23 | €4,958 | €4,269 | -€689 | -13.9% |
| Furniture and vehicles | 24 | €1,513 | €1,627 | +€115 | +7.6% |
| Current assets | 29/58 | €178,766 | €142,180 | -€36,586 | -20.5% |
| Amounts receivable within one year | 40/41 | €18,928 | €18,295 | -€633 | -3.3% |
| Trade receivables | 40 | €16,867 | €18,295 | +€1,428 | +8.5% |
| Other amounts receivable | 41 | €2,061 | €0 | -€2,061 | -100.0% |
| Cash at bank and in hand | 54/58 | €159,267 | €123,296 | -€35,971 | -22.6% |
| Deferred charges and accrued income | 490/1 | €571 | €589 | +€18 | +3.1% |
| Total equity and liabilities | 10/49 | €185,237 | €148,077 | -€37,160 | -20.1% |
| Equity | 10/15 | €165,455 | €124,106 | -€41,349 | -25.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €146,855 | €105,506 | -€41,349 | -28.2% |
| Distributable reserves | 133 | €146,855 | €105,506 | -€41,349 | -28.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €19,782 | €23,971 | +€4,189 | +21.2% |
| Amounts payable within one year | 42/48 | €19,782 | €23,971 | +€4,189 | +21.2% |
| Trade debts | 44 | €1,764 | €948 | -€816 | -46.3% |
| Suppliers | 440/4 | €1,764 | €948 | -€816 | -46.3% |
| Taxes, remuneration and social security | 45 | €8,242 | €18,422 | +€10,180 | +123.5% |
| Taxes | 450/3 | €8,242 | €15,622 | +€7,380 | +89.5% |
| Remuneration and social security | 454/9 | - | €2,800 | +€2,800 | |
| Other amounts payable | 47/48 | €9,776 | €4,601 | -€5,175 | -52.9% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,232 | €1,233 | +€1 | 0.0% |
| Other operating charges | 640/8 | €513 | €528 | +€14 | +2.8% |
| Gross operating margin | 9900 | €88,410 | €111,646 | +€23,236 | +26.3% |
| Operating profit (loss) | 9901 | €86,664 | €109,886 | +€23,221 | +26.8% |
| Financial income | 75/76B | €0 | €0 | +€0 | +475.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +475.0% |
| Financial charges | 65/66B | €70 | €108 | +€38 | +54.0% |
| Recurring financial charges | 65 | €70 | €108 | +€38 | +54.0% |
| Profit (loss) for the period before taxes | 9903 | €86,594 | €109,778 | +€23,184 | +26.8% |
| Income taxes | 67/77 | €17,939 | €31,127 | +€13,188 | +73.5% |
| Profit (loss) for the period | 9904 | €68,655 | €78,651 | +€9,996 | +14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €68,655 | €78,651 | +€9,996 | +14.6% |
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 8 October 2026 via checked.be.