VOIS: 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.
VOIS
Largest movements
- Receivables within one year +€222,680
up €222,680 (+166%), from €134,131 to €356,811
of which Trade receivables: +€188,458
- Tangible fixed assets -€50,615
down €50,615 (-4.7%), from €1.1m to €1.0m
of which Land and buildings: -€52,637
- Other debts +€184,070
up €184,070 (+17.2%), from €1.1m to €1.3m
- Debts after one year -€21,813
down €21,813 (-6.4%), from €343,224 to €321,412
- Gross operating margin -€8,094
down €8,094 (-13.3%), from €60,976 to €52,881
- Depreciation +€2,772
up €2,772 (+5.5%), from €50,456 to €53,229
- Taxes -€1,793
down €1,793 (-58.8%), from €3,050 to €1,256
- Other operating charges +€889
up €889 (+11.2%), from €7,938 to €8,827
- Financial charges +€804
up €804 (+10.5%), from €7,662 to €8,466
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 | €1,657,296 | €1,829,075 | +€171,779 | +10.4% |
| Fixed assets | 21/28 | €1,067,908 | €1,017,292 | -€50,615 | -4.7% |
| Tangible fixed assets | 22/27 | €1,067,793 | €1,017,177 | -€50,615 | -4.7% |
| Land and buildings | 22 | €1,067,082 | €1,014,445 | -€52,637 | -4.9% |
| Plant, machinery and equipment | 23 | - | €2,220 | +€2,220 | |
| Furniture and vehicles | 24 | €710 | €513 | -€198 | -27.8% |
| Financial fixed assets | 28 | €115 | €115 | = | 0.0% |
| Current assets | 29/58 | €589,388 | €811,782 | +€222,395 | +37.7% |
| Amounts receivable after more than one year | 29 | €450,000 | €450,000 | = | 0.0% |
| Other amounts receivable | 291 | €450,000 | €450,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €134,131 | €356,811 | +€222,680 | +166% |
| Trade receivables | 40 | €16,153 | €204,611 | +€188,458 | +1,167% |
| Other amounts receivable | 41 | €117,979 | €152,201 | +€34,222 | +29.0% |
| Cash at bank and in hand | 54/58 | €2,746 | €3,386 | +€640 | +23.3% |
| Deferred charges and accrued income | 490/1 | €2,511 | €1,585 | -€926 | -36.9% |
| Total equity and liabilities | 10/49 | €1,657,296 | €1,829,075 | +€171,779 | +10.4% |
| Equity | 10/15 | €237,213 | €235,899 | -€1,314 | -0.6% |
| Contributions | 10/11 | €135,000 | €135,000 | = | 0.0% |
| Capital | 10 | €135,000 | €135,000 | = | 0.0% |
| Issued capital | 100 | €135,000 | €135,000 | = | 0.0% |
| Reserves | 13 | €44,813 | €44,813 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,500 | €13,500 | = | 0.0% |
| Legal reserve | 130 | €13,500 | €13,500 | = | 0.0% |
| Distributable reserves | 133 | €31,313 | €31,313 | = | 0.0% |
| Profit (loss) carried forward | 14 | €57,400 | €56,086 | -€1,314 | -2.3% |
| Amounts payable | 17/49 | €1,420,083 | €1,593,176 | +€173,093 | +12.2% |
| Amounts payable after more than one year | 17 | €343,224 | €321,412 | -€21,813 | -6.4% |
| Financial debts | 170/4 | €343,224 | €321,412 | -€21,813 | -6.4% |
| Amounts payable within one year | 42/48 | €1,076,859 | €1,271,764 | +€194,906 | +18.1% |
| Trade debts | 44 | €2,125 | €16,610 | +€14,485 | +682% |
| Suppliers | 440/4 | €2,125 | €16,610 | +€14,485 | +682% |
| Taxes, remuneration and social security | 45 | €7,054 | €3,405 | -€3,649 | -51.7% |
| Taxes | 450/3 | €5,054 | €3,405 | -€1,649 | -32.6% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €1,067,680 | €1,251,750 | +€184,070 | +17.2% |
| Non-recurring operating income | 76A | €2,893 | - | -€2,893 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,456 | €53,229 | +€2,772 | +5.5% |
| Other operating charges | 640/8 | €7,938 | €8,827 | +€889 | +11.2% |
| Gross operating margin | 9900 | €60,976 | €52,881 | -€8,094 | -13.3% |
| Operating profit (loss) | 9901 | €2,581 | -€9,174 | -€11,755 | |
| Financial income | 75/76B | €17,327 | €17,583 | +€256 | +1.5% |
| Recurring financial income | 75 | €17,327 | €17,583 | +€256 | +1.5% |
| Financial charges | 65/66B | €7,662 | €8,466 | +€804 | +10.5% |
| Recurring financial charges | 65 | €7,662 | €8,466 | +€804 | +10.5% |
| Profit (loss) for the period before taxes | 9903 | €12,245 | -€58 | -€12,303 | |
| Income taxes | 67/77 | €3,050 | €1,256 | -€1,793 | -58.8% |
| Profit (loss) for the period | 9904 | €9,196 | -€1,314 | -€10,510 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,196 | -€1,314 | -€10,510 |
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 18 October 2026 via checked.be.