VOBA's: 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.
VOBA's
Largest movements
- Receivables within one year +€18,170
up €18,170 (+16.1%), from €112,680 to €130,850
of which Other amounts receivable: +€24,258
- Cash +€6,191
up €6,191 (+43.3%), from €14,309 to €20,500
mainly Tax, wage and social debts (+€27,482) and Net result for the year (+€10,173)
- Deferred charges and accrued income +€6,021
new in 2024: €6,021
- Tangible fixed assets -€2,185
down €2,185 (-31.4%), from €6,955 to €4,770
of which Furniture and vehicles: -€1,524
- Tax, wage and social debts +€27,482
up €27,482 (+33.1%), from €82,917 to €110,399
- Profit (loss) carried forward +€10,173
up €10,173 (+36.2%), from €28,106 to €38,280
- Trade debts -€9,459
down €9,459 (-56.6%), from €16,721 to €7,262
- Financial charges +€3,649
up €3,649 (+40.2%), from €9,072 to €12,721
- Taxes -€3,193
down €3,193 (-28.2%), from €11,341 to €8,148
- Gross operating margin +€2,057
up €2,057 (+7.5%), from €27,537 to €29,594
- Financial income +€1,898
up €1,898 (+46.0%), from €4,123 to €6,021
- Depreciation -€1,154
down €1,154 (-25.4%), from €4,537 to €3,383
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €133,944 | €162,141 | +€28,196 | +21.1% |
| Fixed assets | 21/28 | €6,955 | €4,770 | -€2,185 | -31.4% |
| Tangible fixed assets | 22/27 | €6,955 | €4,770 | -€2,185 | -31.4% |
| Plant, machinery and equipment | 23 | €2,836 | €2,175 | -€661 | -23.3% |
| Furniture and vehicles | 24 | €4,119 | €2,594 | -€1,524 | -37.0% |
| Current assets | 29/58 | €126,990 | €157,371 | +€30,381 | +23.9% |
| Amounts receivable within one year | 40/41 | €112,680 | €130,850 | +€18,170 | +16.1% |
| Trade receivables | 40 | €16,117 | €10,029 | -€6,089 | -37.8% |
| Other amounts receivable | 41 | €96,563 | €120,822 | +€24,258 | +25.1% |
| Cash at bank and in hand | 54/58 | €14,309 | €20,500 | +€6,191 | +43.3% |
| Deferred charges and accrued income | 490/1 | - | €6,021 | +€6,021 | |
| Total equity and liabilities | 10/49 | €133,944 | €162,141 | +€28,196 | +21.1% |
| Equity | 10/15 | €34,306 | €44,480 | +€10,173 | +29.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,106 | €38,280 | +€10,173 | +36.2% |
| Amounts payable | 17/49 | €99,638 | €117,661 | +€18,023 | +18.1% |
| Amounts payable within one year | 42/48 | €99,638 | €117,661 | +€18,023 | +18.1% |
| Trade debts | 44 | €16,721 | €7,262 | -€9,459 | -56.6% |
| Suppliers | 440/4 | €16,721 | €7,262 | -€9,459 | -56.6% |
| Taxes, remuneration and social security | 45 | €82,917 | €110,399 | +€27,482 | +33.1% |
| Taxes | 450/3 | €82,917 | €110,399 | +€27,482 | +33.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,537 | €3,383 | -€1,154 | -25.4% |
| Other operating charges | 640/8 | €554 | €1,190 | +€637 | +115% |
| Gross operating margin | 9900 | €27,537 | €29,594 | +€2,057 | +7.5% |
| Operating profit (loss) | 9901 | €22,446 | €25,021 | +€2,575 | +11.5% |
| Financial income | 75/76B | €4,123 | €6,021 | +€1,898 | +46.0% |
| Recurring financial income | 75 | €4,123 | €6,021 | +€1,898 | +46.0% |
| Financial charges | 65/66B | €9,072 | €12,721 | +€3,649 | +40.2% |
| Recurring financial charges | 65 | €9,072 | €12,721 | +€3,649 | +40.2% |
| Profit (loss) for the period before taxes | 9903 | €17,497 | €18,321 | +€825 | +4.7% |
| Income taxes | 67/77 | €11,341 | €8,148 | -€3,193 | -28.2% |
| Profit (loss) for the period | 9904 | €6,156 | €10,173 | +€4,018 | +65.3% |
| Profit (loss) for the period to be appropriated | 9905 | €6,156 | €10,173 | +€4,018 | +65.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.