VNB CONCEPT: 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.
VNB CONCEPT
Largest movements
- Stocks and contracts -€8,135
down €8,135 (-84.5%), from €9,624 to €1,489
- Financial fixed assets +€4,500
up €4,500 (+1500.0%), from €300 to €4,800
- Tangible fixed assets -€2,628
down €2,628 (-56.1%), from €4,686 to €2,059
- Cash -€1,011
down €1,011 (-10.4%), from €9,758 to €8,748
mainly Investment in fixed assets (net) (-€4,500) and Trade debts (-€4,375)
- Receivables within one year -€670
down €670 (-10.3%), from €6,474 to €5,804
of which Other amounts receivable: -€4,237
- Trade debts -€4,375
down €4,375 (-31.6%), from €13,852 to €9,477
- Debts after one year -€2,966
down €2,966 (-29.0%), from €10,235 to €7,270
- Profit (loss) carried forward -€549
down €549 (-27.8%), from €1,974 to €1,425
- Gross operating margin +€10,789
up €10,789, from -€8,676 to €2,113
- Staff costs -€2,932
down €2,932 (-89.7%), from €3,270 to €338
- Financial income +€2,350
new in 2022: €2,350
- Other operating charges -€1,347
no longer reported in 2022 (was €1,347)
- Financial charges +€516
up €516 (+37.7%), from €1,369 to €1,884
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,843 | €22,899 | -€7,944 | -25.8% |
| Fixed assets | 21/28 | €4,986 | €6,859 | +€1,872 | +37.5% |
| Tangible fixed assets | 22/27 | €4,686 | €2,059 | -€2,628 | -56.1% |
| Plant, machinery and equipment | 23 | €4,686 | €2,059 | -€2,628 | -56.1% |
| Financial fixed assets | 28 | €300 | €4,800 | +€4,500 | +1500.0% |
| Current assets | 29/58 | €25,857 | €16,041 | -€9,816 | -38.0% |
| Stocks and contracts in progress | 3 | €9,624 | €1,489 | -€8,135 | -84.5% |
| Stocks | 30/36 | €9,624 | €1,489 | -€8,135 | -84.5% |
| Amounts receivable within one year | 40/41 | €6,474 | €5,804 | -€670 | -10.3% |
| Trade receivables | 40 | - | €3,567 | +€3,567 | |
| Other amounts receivable | 41 | €6,474 | €2,237 | -€4,237 | -65.4% |
| Cash at bank and in hand | 54/58 | €9,758 | €8,748 | -€1,011 | -10.4% |
| Total equity and liabilities | 10/49 | €30,843 | €22,899 | -€7,944 | -25.8% |
| Equity | 10/15 | €3,974 | €3,425 | -€549 | -13.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Outside capital | 11 | €2,000 | - | -€2,000 | |
| Other | 1109/19 | €2,000 | - | -€2,000 | |
| Profit (loss) carried forward | 14 | €1,974 | €1,425 | -€549 | -27.8% |
| Amounts payable | 17/49 | €26,869 | €19,474 | -€7,395 | -27.5% |
| Amounts payable after more than one year | 17 | €10,235 | €7,270 | -€2,966 | -29.0% |
| Financial debts | 170/4 | €10,235 | €7,270 | -€2,966 | -29.0% |
| Amounts payable within one year | 42/48 | €16,634 | €12,205 | -€4,429 | -26.6% |
| Current portion of amounts payable after more than one year | 42 | €2,782 | €2,728 | -€54 | -1.9% |
| Trade debts | 44 | €13,852 | €9,477 | -€4,375 | -31.6% |
| Suppliers | 440/4 | €13,852 | €9,477 | -€4,375 | -31.6% |
| Remuneration, social security and pensions | 62 | €3,270 | €338 | -€2,932 | -89.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,628 | €2,628 | -€0 | 0.0% |
| Other operating charges | 640/8 | €1,347 | - | -€1,347 | |
| Gross operating margin | 9900 | -€8,676 | €2,113 | +€10,789 | |
| Operating profit (loss) | 9901 | -€15,921 | -€853 | +€15,067 | +94.6% |
| Financial income | 75/76B | - | €2,350 | +€2,350 | |
| Recurring financial income | 75 | - | €2,350 | +€2,350 | |
| Financial charges | 65/66B | €1,369 | €1,884 | +€516 | +37.7% |
| Recurring financial charges | 65 | €1,369 | €1,884 | +€516 | +37.7% |
| Profit (loss) for the period before taxes | 9903 | -€17,289 | -€388 | +€16,901 | +97.8% |
| Income taxes | 67/77 | - | €162 | +€162 | |
| Profit (loss) for the period | 9904 | -€17,289 | -€549 | +€16,740 | +96.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€17,289 | -€549 | +€16,740 | +96.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.