Vonken & Vuur: 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.
Vonken & Vuur
Largest movements
- Receivables within one year +€8,469
up €8,469 (+58.4%), from €14,501 to €22,970
of which Other amounts receivable: +€6,758
- Tangible fixed assets -€6,138
down €6,138 (-27.0%), from €22,709 to €16,571
- Cash +€2,816
up €2,816 (+3.8%), from €74,309 to €77,124
mainly Net result for the year (+€9,625) and Depreciation (+€7,267)
- Deferred charges and accrued income +€1,448
new in 2025: €1,448
- Reserves +€9,625
up €9,625 (+10.3%), from €93,417 to €103,041
- Tax, wage and social debts -€4,959
down €4,959 (-43.4%), from €11,438 to €6,479
- Other debts +€2,250
up €2,250 (+126%), from €1,782 to €4,032
- Gross operating margin -€60,562
down €60,562 (-74.8%), from €80,972 to €20,410
- Taxes -€16,824
down €16,824 (-83.8%), from €20,066 to €3,242
- Depreciation +€3,655
up €3,655 (+101%), from €3,612 to €7,267
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 | €111,518 | €118,114 | +€6,595 | +5.9% |
| Fixed assets | 21/28 | €22,709 | €16,571 | -€6,138 | -27.0% |
| Tangible fixed assets | 22/27 | €22,709 | €16,571 | -€6,138 | -27.0% |
| Furniture and vehicles | 24 | €22,709 | €16,571 | -€6,138 | -27.0% |
| Current assets | 29/58 | €88,810 | €101,543 | +€12,733 | +14.3% |
| Amounts receivable within one year | 40/41 | €14,501 | €22,970 | +€8,469 | +58.4% |
| Trade receivables | 40 | €14,501 | €16,213 | +€1,711 | +11.8% |
| Other amounts receivable | 41 | - | €6,758 | +€6,758 | |
| Cash at bank and in hand | 54/58 | €74,309 | €77,124 | +€2,816 | +3.8% |
| Deferred charges and accrued income | 490/1 | - | €1,448 | +€1,448 | |
| Total equity and liabilities | 10/49 | €111,518 | €118,114 | +€6,595 | +5.9% |
| Equity | 10/15 | €96,417 | €106,041 | +€9,625 | +10.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €93,417 | €103,041 | +€9,625 | +10.3% |
| Distributable reserves | 133 | €93,417 | €103,041 | +€9,625 | +10.3% |
| Amounts payable | 17/49 | €15,102 | €12,072 | -€3,030 | -20.1% |
| Amounts payable within one year | 42/48 | €15,102 | €12,072 | -€3,030 | -20.1% |
| Trade debts | 44 | €1,881 | €1,561 | -€320 | -17.0% |
| Suppliers | 440/4 | €1,881 | €1,561 | -€320 | -17.0% |
| Taxes, remuneration and social security | 45 | €11,438 | €6,479 | -€4,959 | -43.4% |
| Taxes | 450/3 | €11,438 | €6,479 | -€4,959 | -43.4% |
| Other amounts payable | 47/48 | €1,782 | €4,032 | +€2,250 | +126% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,612 | €7,267 | +€3,655 | +101% |
| Other operating charges | 640/8 | €141 | €144 | +€4 | +2.6% |
| Gross operating margin | 9900 | €80,972 | €20,410 | -€60,562 | -74.8% |
| Operating profit (loss) | 9901 | €77,219 | €12,999 | -€64,220 | -83.2% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €178 | €132 | -€46 | -25.9% |
| Recurring financial charges | 65 | €178 | €132 | -€46 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | €77,042 | €12,867 | -€64,175 | -83.3% |
| Income taxes | 67/77 | €20,066 | €3,242 | -€16,824 | -83.8% |
| Profit (loss) for the period | 9904 | €56,976 | €9,625 | -€47,351 | -83.1% |
| Profit (loss) for the period to be appropriated | 9905 | €56,976 | €9,625 | -€47,351 | -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 26 October 2026 via checked.be.