Vonque: what changed
Two fiscal 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.
Vonque
Largest movements
- Receivables within one year +€177,662
up €177,662 (+517.1%), from €34,359 to €212,021
of which Trade receivables: +€163,019
- Cash -€69,554
down €69,554 (-84.4%), from €82,385 to €12,831
mainly Receivables within one year (-€177,662) and Investment in fixed assets (net) (-€63,370)
- Tangible fixed assets +€24,451
up €24,451 (+13.8%), from €177,292 to €201,743
of which Furniture and vehicles: +€53,305
- Trade debts +€85,944
up €85,944 (+195.5%), from €43,951 to €129,895
- Debts after one year +€41,814
up €41,814 (+473.6%), from €8,830 to €50,644
- Accrued charges and deferred income -€20,000
down €20,000 (-62.5%), from €32,000 to €12,000
- Profit (loss) carried forward +€14,163
up €14,163 (+13.4%), from €105,632 to €119,795
- Current portion of long-term debt +€11,088
up €11,088 (+225.8%), from €4,911 to €15,998
- Gross operating margin -€20,826
down €20,826 (-26.3%), from €79,208 to €58,382
- Depreciation +€14,015
up €14,015 (+56.3%), from €24,904 to €38,919
- Taxes -€7,319
down €7,319 (-54.6%), from €13,415 to €6,097
- Write-downs -€5,415
no longer reported in 2025 (was €5,415)
- Financial income +€1,208
up €1,208 (+671.5%), from €180 to €1,388
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.
Cash bridge derived
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 | €294,037 | €426,595 | +€132,558 | +45.1% |
| Fixed assets | 21/28 | €177,292 | €201,743 | +€24,451 | +13.8% |
| Tangible fixed assets | 22/27 | €177,292 | €201,743 | +€24,451 | +13.8% |
| Plant, machinery and equipment | 23 | €160,864 | €132,010 | -€28,854 | -17.9% |
| Furniture and vehicles | 24 | €16,428 | €69,733 | +€53,305 | +324.5% |
| Current assets | 29/58 | €116,745 | €224,852 | +€108,107 | +92.6% |
| Amounts receivable within one year | 40/41 | €34,359 | €212,021 | +€177,662 | +517.1% |
| Trade receivables | 40 | €34,359 | €197,378 | +€163,019 | +474.5% |
| Other amounts receivable | 41 | - | €14,643 | +€14,643 | |
| Cash at bank and in hand | 54/58 | €82,385 | €12,831 | -€69,554 | -84.4% |
| Total equity and liabilities | 10/49 | €294,037 | €426,595 | +€132,558 | +45.1% |
| Equity | 10/15 | €126,092 | €140,255 | +€14,163 | +11.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €105,632 | €119,795 | +€14,163 | +13.4% |
| Amounts payable | 17/49 | €167,944 | €286,340 | +€118,395 | +70.5% |
| Amounts payable after more than one year | 17 | €8,830 | €50,644 | +€41,814 | +473.6% |
| Financial debts | 170/4 | €8,830 | €50,644 | +€41,814 | +473.6% |
| Amounts payable within one year | 42/48 | €127,115 | €223,696 | +€96,581 | +76.0% |
| Current portion of amounts payable after more than one year | 42 | €4,911 | €15,998 | +€11,088 | +225.8% |
| Trade debts | 44 | €43,951 | €129,895 | +€85,944 | +195.5% |
| Suppliers | 440/4 | €43,951 | €129,895 | +€85,944 | +195.5% |
| Taxes, remuneration and social security | 45 | €18,319 | €17,085 | -€1,234 | -6.7% |
| Taxes | 450/3 | €18,319 | €17,085 | -€1,234 | -6.7% |
| Other amounts payable | 47/48 | €59,934 | €60,717 | +€783 | +1.3% |
| Accrued charges and deferred income | 492/3 | €32,000 | €12,000 | -€20,000 | -62.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,904 | €38,919 | +€14,015 | +56.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,415 | - | -€5,415 | |
| Other operating charges | 640/8 | €409 | €189 | -€221 | -53.9% |
| Gross operating margin | 9900 | €79,208 | €58,382 | -€20,826 | -26.3% |
| Operating profit (loss) | 9901 | €48,480 | €19,275 | -€29,206 | -60.2% |
| Financial income | 75/76B | €180 | €1,388 | +€1,208 | +671.5% |
| Recurring financial income | 75 | €180 | €1,388 | +€1,208 | +671.5% |
| Financial charges | 65/66B | €1,069 | €403 | -€666 | -62.3% |
| Recurring financial charges | 65 | €1,069 | €403 | -€666 | -62.3% |
| Profit (loss) for the period before taxes | 9903 | €47,591 | €20,259 | -€27,331 | -57.4% |
| Income taxes | 67/77 | €13,415 | €6,097 | -€7,319 | -54.6% |
| Profit (loss) for the period | 9904 | €34,176 | €14,163 | -€20,013 | -58.6% |
| Profit (loss) for the period to be appropriated | 9905 | €34,176 | €14,163 | -€20,013 | -58.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.