VN Productions: 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.
VN Productions
Largest movements
- Cash +€5,799
up €5,799 (+17.6%), from €32,909 to €38,708
mainly Net result for the year (+€15,398) and Depreciation (+€347)
- Receivables within one year +€1,948
up €1,948 (+9.6%), from €20,319 to €22,267
of which Other amounts receivable: +€5,648
- Tangible fixed assets +€1,003
up €1,003 (+147.8%), from €679 to €1,682
- Reserves +€15,398
up €15,398 (+37.6%), from €40,989 to €56,386
- Trade debts -€5,462
down €5,462 (-96.3%), from €5,670 to €207
- Tax, wage and social debts -€771
down €771 (-48.2%), from €1,601 to €830
- Gross operating margin -€37,079
down €37,079 (-60.9%), from €60,904 to €23,825
- Taxes -€6,700
down €6,700 (-56.3%), from €11,891 to €5,191
- Financial charges -€2,460
down €2,460 (-49.5%), from €4,966 to €2,506
- Other operating charges -€1,840
down €1,840 (-66.5%), from €2,765 to €925
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 | €55,259 | €64,035 | +€8,776 | +15.9% |
| Fixed assets | 21/28 | €889 | €1,867 | +€978 | +110.1% |
| Intangible fixed assets | 21 | €210 | €185 | -€25 | -11.9% |
| Tangible fixed assets | 22/27 | €679 | €1,682 | +€1,003 | +147.8% |
| Plant, machinery and equipment | 23 | €679 | €1,682 | +€1,003 | +147.8% |
| Current assets | 29/58 | €54,371 | €62,168 | +€7,798 | +14.3% |
| Amounts receivable within one year | 40/41 | €20,319 | €22,267 | +€1,948 | +9.6% |
| Trade receivables | 40 | €13,559 | €9,860 | -€3,699 | -27.3% |
| Other amounts receivable | 41 | €6,759 | €12,407 | +€5,648 | +83.6% |
| Cash at bank and in hand | 54/58 | €32,909 | €38,708 | +€5,799 | +17.6% |
| Deferred charges and accrued income | 490/1 | €1,143 | €1,194 | +€51 | +4.4% |
| Total equity and liabilities | 10/49 | €55,259 | €64,035 | +€8,776 | +15.9% |
| Equity | 10/15 | €43,489 | €58,886 | +€15,398 | +35.4% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €40,989 | €56,386 | +€15,398 | +37.6% |
| Distributable reserves | 133 | €40,989 | €56,386 | +€15,398 | +37.6% |
| Amounts payable | 17/49 | €11,771 | €5,149 | -€6,622 | -56.3% |
| Amounts payable within one year | 42/48 | €11,771 | €5,149 | -€6,622 | -56.3% |
| Current portion of amounts payable after more than one year | 42 | €4,500 | €4,112 | -€388 | -8.6% |
| Trade debts | 44 | €5,670 | €207 | -€5,462 | -96.3% |
| Suppliers | 440/4 | €5,670 | €207 | -€5,462 | -96.3% |
| Taxes, remuneration and social security | 45 | €1,601 | €830 | -€771 | -48.2% |
| Taxes | 450/3 | €1,601 | €830 | -€771 | -48.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €361 | €347 | -€14 | -3.9% |
| Other operating charges | 640/8 | €2,765 | €925 | -€1,840 | -66.5% |
| Gross operating margin | 9900 | €60,904 | €23,825 | -€37,079 | -60.9% |
| Operating profit (loss) | 9901 | €57,777 | €22,552 | -€35,225 | -61.0% |
| Financial income | 75/76B | €68 | €542 | +€474 | +695.7% |
| Recurring financial income | 75 | €68 | €542 | +€474 | +695.7% |
| Financial charges | 65/66B | €4,966 | €2,506 | -€2,460 | -49.5% |
| Recurring financial charges | 65 | €4,966 | €2,506 | -€2,460 | -49.5% |
| Profit (loss) for the period before taxes | 9903 | €52,880 | €20,589 | -€32,291 | -61.1% |
| Income taxes | 67/77 | €11,891 | €5,191 | -€6,700 | -56.3% |
| Profit (loss) for the period | 9904 | €40,989 | €15,398 | -€25,591 | -62.4% |
| Profit (loss) for the period to be appropriated | 9905 | €40,989 | €15,398 | -€25,591 | -62.4% |
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 11 October 2026 via checked.be.