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VNH Events: 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.

What changed

VNH Events

BE 0801.075.686
NACE 90.392, Design and construction of stages and sets
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€3,551
2024 · -€42,154+€38,602
Equity
€3,216
2024 · €6,768-€3,551
Cash
€32,416
2024 · €19,468+€12,948
Balance sheet total
€155,952
2024 · €109,171+€46,780

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€31,012

    up €31,012 (+616%), from €5,038 to €36,050

    of which Leasing and similar rights: +€34,133

  • Cash +€12,948

    up €12,948 (+66.5%), from €19,468 to €32,416

    mainly Debts after one year (+€25,918) and Trade debts (+€23,592)

  • Receivables within one year +€2,821

    up €2,821 (+3.3%), from €84,665 to €87,486

    of which Other amounts receivable: +€12,219

Equity and liabilities
  • Debts after one year +€25,918

    new in 2025: €25,918

  • Trade debts +€23,592

    up €23,592 (+24.7%), from €95,359 to €118,951

  • Current portion of long-term debt +€5,310

    new in 2025: €5,310

  • Profit (loss) carried forward -€3,551

    down €3,551, from €1,768 to -€1,784

  • Tax, wage and social debts -€2,825

    down €2,825 (-90.0%), from €3,139 to €314

Income statement
  • Other operating charges -€37,957

    down €37,957 (-90.4%), from €41,985 to €4,028

  • Gross operating margin +€4,846

    up €4,846 (+112%), from €4,318 to €9,164

  • Taxes +€1,946

    up €1,946 (+897%), from €217 to €2,163

  • Financial charges +€623

    up €623 (+53.4%), from €1,167 to €1,790

  • Depreciation +€579

    up €579 (+18.5%), from €3,121 to €3,700

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€42,154
Gross operating margin +€4,846
Depreciation -€579
Other operating charges +€37,957
Other operating items -€1,070
Financial income +€17
Financial charges -€623
Taxes -€1,946
Result 2025 -€3,551
raises the resultlowers the resultnot broken down further in the accounts

Derived cash bridge

cash 2024 to 2025

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.

From operations +€16,430
Investment -€34,711
Financing +€31,229
Cash 2024 €19,468
Net result for the year -€3,551
Depreciation +€3,700
Receivables within one year -€2,821
Trade debts +€23,592
Tax, wage and social debts -€2,825
Other debts -€1,663
Investment in fixed assets (net) -€34,711
Debts after one year +€25,918
Current portion of long-term debt +€5,310
Cash 2025 €32,416
brings cash intakes cash out
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €109,171 €155,952 +€46,780 +42.9%
Fixed assets 21/28 €5,038 €36,050 +€31,012 +616%
Tangible fixed assets 22/27 €5,038 €36,050 +€31,012 +616%
Furniture and vehicles 24 €5,038 €1,917 -€3,121 -61.9%
Leasing and similar rights 25 - €34,133 +€34,133
Financial fixed assets 28 €0 - =
Current assets 29/58 €104,133 €119,902 +€15,769 +15.1%
Amounts receivable within one year 40/41 €84,665 €87,486 +€2,821 +3.3%
Trade receivables 40 €84,547 €75,148 -€9,398 -11.1%
Other amounts receivable 41 €118 €12,338 +€12,219 +10,318%
Cash at bank and in hand 54/58 €19,468 €32,416 +€12,948 +66.5%
Total equity and liabilities 10/49 €109,171 €155,952 +€46,780 +42.9%
Equity 10/15 €6,768 €3,216 -€3,551 -52.5%
Contributions 10/11 €5,000 €5,000 = 0.0%
Profit (loss) carried forward 14 €1,768 -€1,784 -€3,551
Amounts payable 17/49 €102,404 €152,735 +€50,332 +49.2%
Amounts payable after more than one year 17 - €25,918 +€25,918
Financial debts 170/4 - €25,918 +€25,918
Amounts payable within one year 42/48 €102,404 €126,817 +€24,413 +23.8%
Current portion of amounts payable after more than one year 42 - €5,310 +€5,310
Trade debts 44 €95,359 €118,951 +€23,592 +24.7%
Suppliers 440/4 €95,359 €118,951 +€23,592 +24.7%
Taxes, remuneration and social security 45 €3,139 €314 -€2,825 -90.0%
Taxes 450/3 €3,139 €314 -€2,825 -90.0%
Other amounts payable 47/48 €3,906 €2,242 -€1,663 -42.6%
Non-recurring operating income 76A - €2,123 +€2,123
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €3,121 €3,700 +€579 +18.5%
Other operating charges 640/8 €41,985 €4,028 -€37,957 -90.4%
Non-recurring operating charges 66A - €1,070 +€1,070
Gross operating margin 9900 €4,318 €9,164 +€4,846 +112%
Operating profit (loss) 9901 -€40,789 €366 +€41,154
Financial income 75/76B €19 €35 +€17 +88.9%
Recurring financial income 75 €19 €35 +€17 +88.9%
Financial charges 65/66B €1,167 €1,790 +€623 +53.4%
Recurring financial charges 65 €1,167 €1,790 +€623 +53.4%
Profit (loss) for the period before taxes 9903 -€41,937 -€1,389 +€40,548 +96.7%
Income taxes 67/77 €217 €2,163 +€1,946 +897%
Profit (loss) for the period 9904 -€42,154 -€3,551 +€38,602 +91.6%
Profit (loss) for the period to be appropriated 9905 -€42,154 -€3,551 +€38,602 +91.6%

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 17 October 2026 via checked.be.