VLS BELGIUM: what changed
What changed
VLS BELGIUM
NACE 52.241, Warehousing and support activities for transportation
filed annual accounts (NBB)
Net result for the year
€170,260
2023 · €140,493+€29,766
Equity
€2.6m
2023 · €2.5m+€170,260
Cash
-
not filed
Balance sheet total
€3.9m
2023 · €4.3m-€414,267
Largest movements
Assets
- Receivables within one year -€458,153
down €458,153 (-11.1%), from €4.1m to €3.7m
of which Trade receivables: -€1.3m
Equity and liabilities
- Trade debts -€279,268
down €279,268 (-27.5%), from €1.0m to €735,902
- Profit (loss) carried forward +€170,260
up €170,260 (+11.2%), from -€1.5m to -€1.4m
- Tax, wage and social debts -€124,767
down €124,767 (-41.3%), from €302,062 to €177,295
of which Taxes: -€78,615
- Provisions -€107,655
down €107,655 (-42.7%), from €251,952 to €144,296
- Accrued charges and deferred income -€72,846
down €72,846 (-24.6%), from €295,963 to €223,117
Income statement
- Other operating income -€431,718
down €431,718 (-79.3%), from €544,504 to €112,786
- Goods and materials +€315,779
up €315,779 (+15.8%), from €2.0m to €2.3m
- Provisions -€288,070
down €288,070, from €174,707 to -€113,363
- Services and other goods -€278,653
down €278,653 (-4.5%), from €6.2m to €6.0m
- Turnover +€191,383
up €191,383 (+1.9%), from €9.9m to €10.1m
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€140,493
Turnover
+€191,383
Other operating income
-€431,718
Goods and materials
-€315,779
Services and other goods
+€278,653
Staff costs
+€55,313
Depreciation
-€22,658
Provisions
+€288,070
Other operating charges
+€20,173
Other operating items
-€27,622
Financial income
-€7,935
Financial charges
+€753
Taxes
+€1,133
Result 2024
€170,260
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,343,075 | €3,928,808 | -€414,267 | -9.5% |
| Fixed assets | 21/28 | €156,843 | €202,969 | +€46,127 | +29.4% |
| Tangible fixed assets | 22/27 | €107,943 | €148,469 | +€40,527 | +37.5% |
| Plant, machinery and equipment | 23 | €107,943 | €148,469 | +€40,527 | +37.5% |
| Financial fixed assets | 28 | €48,900 | €54,500 | +€5,600 | +11.5% |
| Other financial fixed assets | 284/8 | €48,900 | €54,500 | +€5,600 | +11.5% |
| Amounts receivable and cash guarantees | 285/8 | €48,900 | €54,500 | +€5,600 | +11.5% |
| Current assets | 29/58 | €4,186,233 | €3,725,839 | -€460,394 | -11.0% |
| Amounts receivable within one year | 40/41 | €4,116,145 | €3,657,992 | -€458,153 | -11.1% |
| Trade receivables | 40 | €3,275,434 | €2,004,804 | -€1.3m | -38.8% |
| Other amounts receivable | 41 | €840,710 | €1,653,188 | +€812,477 | +96.6% |
| Deferred charges and accrued income | 490/1 | €70,088 | €67,847 | -€2,241 | -3.2% |
| Total equity and liabilities | 10/49 | €4,343,075 | €3,928,808 | -€414,267 | -9.5% |
| Equity | 10/15 | €2,477,929 | €2,648,188 | +€170,260 | +6.9% |
| Contributions | 10/11 | €4,000,000 | €4,000,000 | = | 0.0% |
| Capital | 10 | €4,000,000 | €4,000,000 | = | 0.0% |
| Issued capital | 100 | €4,000,000 | €4,000,000 | = | 0.0% |
| Reserves | 13 | €3,520 | €3,520 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,520 | €3,520 | = | 0.0% |
| Legal reserve | 130 | €3,520 | €3,520 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,525,592 | -€1,355,332 | +€170,260 | +11.2% |
| Provisions and deferred taxes | 16 | €251,952 | €144,296 | -€107,655 | -42.7% |
| Provisions for liabilities and charges | 160/5 | €251,952 | €144,296 | -€107,655 | -42.7% |
| Major repairs and maintenance | 162 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €251,952 | €144,296 | -€107,655 | -42.7% |
| Amounts payable | 17/49 | €1,613,195 | €1,136,324 | -€476,871 | -29.6% |
| Amounts payable within one year | 42/48 | €1,317,232 | €913,206 | -€404,025 | -30.7% |
| Financial debts | 43 | - | €10 | +€10 | |
| Credit institutions | 430/8 | - | €10 | +€10 | |
| Trade debts | 44 | €1,015,170 | €735,902 | -€279,268 | -27.5% |
| Suppliers | 440/4 | €1,015,170 | €735,902 | -€279,268 | -27.5% |
| Taxes, remuneration and social security | 45 | €302,062 | €177,295 | -€124,767 | -41.3% |
| Taxes | 450/3 | €78,615 | - | -€78,615 | |
| Remuneration and social security | 454/9 | €223,447 | €177,295 | -€46,152 | -20.7% |
| Accrued charges and deferred income | 492/3 | €295,963 | €223,117 | -€72,846 | -24.6% |
| Operating income | 70/76A | €10,433,692 | €10,165,735 | -€267,957 | -2.6% |
| Turnover | 70 | €9,861,567 | €10,052,949 | +€191,383 | +1.9% |
| Other operating income | 74 | €544,504 | €112,786 | -€431,718 | -79.3% |
| Non-recurring operating income | 76A | €27,622 | - | -€27,622 | |
| Operating charges | 60/66A | €10,302,077 | €9,998,305 | -€303,772 | -2.9% |
| Goods for resale, raw materials and consumables | 60 | €1,993,279 | €2,309,059 | +€315,779 | +15.8% |
| Purchases | 600/8 | €1,993,279 | €2,309,059 | +€315,779 | +15.8% |
| Services and other goods | 61 | €6,231,285 | €5,952,632 | -€278,653 | -4.5% |
| Remuneration, social security and pensions | 62 | €1,798,518 | €1,743,206 | -€55,313 | -3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,493 | €33,150 | +€22,658 | +216% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €174,707 | -€113,363 | -€288,070 | |
| Other operating charges | 640/8 | €93,794 | €73,621 | -€20,173 | -21.5% |
| Operating profit (loss) | 9901 | €131,615 | €167,430 | +€35,816 | +27.2% |
| Financial income | 75/76B | €42,450 | €34,514 | -€7,935 | -18.7% |
| Recurring financial income | 75 | €42,450 | €34,514 | -€7,935 | -18.7% |
| Income from current assets | 751 | €42,433 | €34,292 | -€8,140 | -19.2% |
| Other financial income | 752/9 | €17 | €222 | +€205 | +1,203% |
| Financial charges | 65/66B | €31,083 | €30,331 | -€753 | -2.4% |
| Recurring financial charges | 65 | €31,083 | €30,331 | -€753 | -2.4% |
| Debt charges | 650 | €30,254 | €30,331 | +€76 | +0.3% |
| Other financial charges | 652/9 | €829 | - | -€829 | |
| Profit (loss) for the period before taxes | 9903 | €142,981 | €171,614 | +€28,633 | +20.0% |
| Income taxes | 67/77 | €2,487 | €1,354 | -€1,133 | -45.6% |
| Taxes | 670/3 | €2,487 | €1,354 | -€1,133 | -45.6% |
| Profit (loss) for the period | 9904 | €140,493 | €170,260 | +€29,766 | +21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €140,493 | €170,260 | +€29,766 | +21.2% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.