Vope: 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.
Vope
Largest movements
- Current investments +€50,000
new in 2025: €50,000
- Cash -€15,992
down €15,992 (-17.2%), from €92,776 to €76,784
mainly Current investments (-€50,000) and Receivables within one year (-€1,997)
- Tangible fixed assets -€4,199
down €4,199 (-57.3%), from €7,322 to €3,124
of which Furniture and vehicles: -€3,810
- Receivables within one year +€1,997
up €1,997 (+28.7%), from €6,957 to €8,955
- Reserves +€30,152
up €30,152 (+36.3%), from €83,043 to €113,194
- Other debts +€1,730
up €1,730 (+96.1%), from €1,800 to €3,530
- Gross operating margin -€17,679
down €17,679 (-26.3%), from €67,283 to €49,604
- Taxes -€5,434
down €5,434 (-26.3%), from €20,675 to €15,241
- Depreciation +€1,957
up €1,957 (+87.3%), from €2,241 to €4,199
- Financial income +€1,171
up €1,171 (+992.8%), from €118 to €1,289
- Other operating charges -€733
down €733 (-37.9%), from €1,932 to €1,199
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 | €107,366 | €139,197 | +€31,831 | +29.6% |
| Fixed assets | 21/28 | €7,322 | €3,124 | -€4,199 | -57.3% |
| Tangible fixed assets | 22/27 | €7,322 | €3,124 | -€4,199 | -57.3% |
| Furniture and vehicles | 24 | €5,382 | €1,572 | -€3,810 | -70.8% |
| Other tangible fixed assets | 26 | €1,941 | €1,552 | -€389 | -20.0% |
| Current assets | 29/58 | €100,044 | €136,074 | +€36,030 | +36.0% |
| Amounts receivable within one year | 40/41 | €6,957 | €8,955 | +€1,997 | +28.7% |
| Trade receivables | 40 | €6,957 | €8,955 | +€1,997 | +28.7% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €92,776 | €76,784 | -€15,992 | -17.2% |
| Deferred charges and accrued income | 490/1 | €311 | €335 | +€24 | +7.9% |
| Total equity and liabilities | 10/49 | €107,366 | €139,197 | +€31,831 | +29.6% |
| Equity | 10/15 | €92,724 | €122,876 | +€30,152 | +32.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €83,043 | €113,194 | +€30,152 | +36.3% |
| Distributable reserves | 133 | €83,043 | €113,194 | +€30,152 | +36.3% |
| Profit (loss) carried forward | 14 | €3,481 | €3,481 | = | 0.0% |
| Amounts payable | 17/49 | €14,642 | €16,322 | +€1,679 | +11.5% |
| Amounts payable within one year | 42/48 | €14,642 | €16,322 | +€1,679 | +11.5% |
| Trade debts | 44 | €2,130 | €2,000 | -€130 | -6.1% |
| Suppliers | 440/4 | €2,130 | €2,000 | -€130 | -6.1% |
| Taxes, remuneration and social security | 45 | €10,712 | €10,792 | +€79 | +0.7% |
| Taxes | 450/3 | €10,712 | €10,792 | +€79 | +0.7% |
| Other amounts payable | 47/48 | €1,800 | €3,530 | +€1,730 | +96.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,241 | €4,199 | +€1,957 | +87.3% |
| Other operating charges | 640/8 | €1,932 | €1,199 | -€733 | -37.9% |
| Gross operating margin | 9900 | €67,283 | €49,604 | -€17,679 | -26.3% |
| Operating profit (loss) | 9901 | €63,109 | €44,206 | -€18,903 | -30.0% |
| Financial income | 75/76B | €118 | €1,289 | +€1,171 | +992.8% |
| Recurring financial income | 75 | €118 | €1,289 | +€1,171 | +992.8% |
| Financial charges | 65/66B | €129 | €102 | -€27 | -20.8% |
| Recurring financial charges | 65 | €129 | €102 | -€27 | -20.8% |
| Profit (loss) for the period before taxes | 9903 | €63,098 | €45,393 | -€17,705 | -28.1% |
| Income taxes | 67/77 | €20,675 | €15,241 | -€5,434 | -26.3% |
| Profit (loss) for the period | 9904 | €42,423 | €30,152 | -€12,272 | -28.9% |
| Profit (loss) for the period to be appropriated | 9905 | €42,423 | €30,152 | -€12,272 | -28.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.