VO7 SOLUTIONS: 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.
VO7 SOLUTIONS
Largest movements
- Receivables within one year +€120,597
up €120,597 (+14.5%), from €834,109 to €954,706
of which Trade receivables: +€85,996
- Tangible fixed assets +€31,792
up €31,792 (+847%), from €3,755 to €35,546
of which Furniture and vehicles: +€21,188
- Stocks and contracts +€27,087
up €27,087 (+10.0%), from €270,070 to €297,157
- Current investments +€24,126
up €24,126 (+70.9%), from €34,024 to €58,150
- Short-term financial debts +€181,916
up €181,916 (+77.4%), from €235,000 to €416,916
- Trade debts -€100,805
down €100,805 (-14.5%), from €695,781 to €594,976
- Debts after one year +€67,497
new in 2025: €67,497
- Profit (loss) carried forward +€22,557
up €22,557 (+15.7%), from €143,373 to €165,929
- Tax, wage and social debts +€22,343
up €22,343 (+81.3%), from €27,475 to €49,818
of which Taxes: +€25,086
- Staff costs +€81,622
up €81,622 (+28.4%), from €287,609 to €369,231
- Gross operating margin -€74,231
down €74,231 (-11.0%), from €672,053 to €597,821
- Taxes -€37,330
down €37,330 (-62.9%), from €59,330 to €22,000
- Financial charges -€29,647
down €29,647 (-38.5%), from €76,984 to €47,338
of which Non-recurring financial charges: -€33,937
- Depreciation +€26,887
up €26,887 (+25.8%), from €104,047 to €130,934
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.
Derived cash bridge
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 | €1,602,079 | €1,810,522 | +€208,443 | +13.0% |
| Fixed assets | 21/28 | €400,117 | €436,870 | +€36,754 | +9.2% |
| Intangible fixed assets | 21 | €395,855 | €400,817 | +€4,962 | +1.3% |
| Tangible fixed assets | 22/27 | €3,755 | €35,546 | +€31,792 | +847% |
| Furniture and vehicles | 24 | €3,755 | €24,943 | +€21,188 | +564% |
| Other tangible fixed assets | 26 | - | €10,604 | +€10,604 | |
| Financial fixed assets | 28 | €507 | €507 | = | 0.0% |
| Current assets | 29/58 | €1,201,963 | €1,373,652 | +€171,689 | +14.3% |
| Stocks and contracts in progress | 3 | €270,070 | €297,157 | +€27,087 | +10.0% |
| Stocks | 30/36 | €270,070 | €297,157 | +€27,087 | +10.0% |
| Amounts receivable within one year | 40/41 | €834,109 | €954,706 | +€120,597 | +14.5% |
| Trade receivables | 40 | €710,056 | €796,052 | +€85,996 | +12.1% |
| Other amounts receivable | 41 | €124,053 | €158,654 | +€34,601 | +27.9% |
| Current investments | 50/53 | €34,024 | €58,150 | +€24,126 | +70.9% |
| Cash at bank and in hand | 54/58 | €24,480 | €20,742 | -€3,738 | -15.3% |
| Deferred charges and accrued income | 490/1 | €39,280 | €42,897 | +€3,617 | +9.2% |
| Total equity and liabilities | 10/49 | €1,602,079 | €1,810,522 | +€208,443 | +13.0% |
| Equity | 10/15 | €563,833 | €586,389 | +€22,557 | +4.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €400,000 | €400,000 | = | 0.0% |
| Distributable reserves | 133 | €400,000 | €400,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €143,373 | €165,929 | +€22,557 | +15.7% |
| Amounts payable | 17/49 | €1,038,247 | €1,224,133 | +€185,886 | +17.9% |
| Amounts payable after more than one year | 17 | - | €67,497 | +€67,497 | |
| Financial debts | 170/4 | - | €67,497 | +€67,497 | |
| Amounts payable within one year | 42/48 | €1,036,426 | €1,154,180 | +€117,754 | +11.4% |
| Current portion of amounts payable after more than one year | 42 | €77,272 | €76,549 | -€723 | -0.9% |
| Financial debts | 43 | €235,000 | €416,916 | +€181,916 | +77.4% |
| Credit institutions | 430/8 | €235,000 | €416,916 | +€181,916 | +77.4% |
| Trade debts | 44 | €695,781 | €594,976 | -€100,805 | -14.5% |
| Suppliers | 440/4 | €695,781 | €594,976 | -€100,805 | -14.5% |
| Taxes, remuneration and social security | 45 | €27,475 | €49,818 | +€22,343 | +81.3% |
| Taxes | 450/3 | €0 | €25,086 | +€25,086 | |
| Remuneration and social security | 454/9 | €27,475 | €24,732 | -€2,743 | -10.0% |
| Other amounts payable | 47/48 | €897 | €15,921 | +€15,023 | +1,674% |
| Accrued charges and deferred income | 492/3 | €1,821 | €2,456 | +€635 | +34.9% |
| Remuneration, social security and pensions | 62 | €287,609 | €369,231 | +€81,622 | +28.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,047 | €130,934 | +€26,887 | +25.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€13,750 | - | +€13,750 | |
| Other operating charges | 640/8 | €25,647 | €5,904 | -€19,742 | -77.0% |
| Gross operating margin | 9900 | €672,053 | €597,821 | -€74,231 | -11.0% |
| Operating profit (loss) | 9901 | €268,500 | €91,752 | -€176,748 | -65.8% |
| Financial income | 75/76B | €1,158 | €142 | -€1,015 | -87.7% |
| Recurring financial income | 75 | €1,158 | €142 | -€1,015 | -87.7% |
| Financial charges | 65/66B | €76,984 | €47,338 | -€29,647 | -38.5% |
| Recurring financial charges | 65 | €43,047 | €47,338 | +€4,291 | +10.0% |
| Non-recurring financial charges | 66B | €33,937 | - | -€33,937 | |
| Profit (loss) for the period before taxes | 9903 | €192,673 | €44,557 | -€148,116 | -76.9% |
| Income taxes | 67/77 | €59,330 | €22,000 | -€37,330 | -62.9% |
| Profit (loss) for the period | 9904 | €133,343 | €22,557 | -€110,786 | -83.1% |
| Profit (loss) for the period to be appropriated | 9905 | €133,343 | €22,557 | -€110,786 | -83.1% |
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.