Vos Car Electronics: 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.
Vos Car Electronics
Largest movements
- Current investments +€300,000
new in 2025: €300,000
- Cash -€93,084
down €93,084 (-24.6%), from €377,728 to €284,644
mainly Current investments (-€300,000) and Investment in fixed assets (net) (-€15,320)
- Receivables within one year -€55,204
down €55,204 (-31.7%), from €174,362 to €119,157
of which Other amounts receivable: -€32,510
- Stocks and contracts -€42,624
down €42,624 (-22.4%), from €190,451 to €147,827
- Deferred charges and accrued income -€16,570
down €16,570 (-55.0%), from €30,122 to €13,552
- Reserves +€63,787
up €63,787 (+16.3%), from €392,482 to €456,270
of which Distributable reserves: +€63,787
- Trade debts +€26,389
up €26,389 (+13.9%), from €190,463 to €216,852
- Tax, wage and social debts +€11,554
up €11,554 (+63.1%), from €18,306 to €29,860
of which Taxes: +€7,300
- Gross operating margin +€98,199
up €98,199 (+37.8%), from €260,066 to €358,265
- Staff costs +€37,625
up €37,625 (+18.8%), from €199,824 to €237,449
- Other operating charges +€14,305
up €14,305 (+129%), from €11,132 to €25,437
- Taxes +€8,480
up €8,480 (+61.4%), from €13,820 to €22,300
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 | €795,767 | €897,108 | +€101,341 | +12.7% |
| Fixed assets | 21/28 | €23,105 | €31,928 | +€8,823 | +38.2% |
| Intangible fixed assets | 21 | €1,621 | €4,315 | +€2,694 | +166% |
| Tangible fixed assets | 22/27 | €21,484 | €27,613 | +€6,129 | +28.5% |
| Land and buildings | 22 | €13,890 | €12,272 | -€1,618 | -11.7% |
| Plant, machinery and equipment | 23 | €2,589 | €1,425 | -€1,164 | -45.0% |
| Furniture and vehicles | 24 | €5,005 | €13,917 | +€8,912 | +178% |
| Current assets | 29/58 | €772,662 | €865,180 | +€92,517 | +12.0% |
| Stocks and contracts in progress | 3 | €190,451 | €147,827 | -€42,624 | -22.4% |
| Stocks | 30/36 | €190,451 | €147,827 | -€42,624 | -22.4% |
| Amounts receivable within one year | 40/41 | €174,362 | €119,157 | -€55,204 | -31.7% |
| Trade receivables | 40 | €108,824 | €86,129 | -€22,694 | -20.9% |
| Other amounts receivable | 41 | €65,538 | €33,028 | -€32,510 | -49.6% |
| Current investments | 50/53 | - | €300,000 | +€300,000 | |
| Cash at bank and in hand | 54/58 | €377,728 | €284,644 | -€93,084 | -24.6% |
| Deferred charges and accrued income | 490/1 | €30,122 | €13,552 | -€16,570 | -55.0% |
| Total equity and liabilities | 10/49 | €795,767 | €897,108 | +€101,341 | +12.7% |
| Equity | 10/15 | €585,851 | €649,638 | +€63,787 | +10.9% |
| Contributions | 10/11 | €193,368 | €193,368 | = | 0.0% |
| Capital | 10 | €193,368 | €193,368 | = | 0.0% |
| Issued capital | 100 | €193,368 | €193,368 | = | 0.0% |
| Reserves | 13 | €392,482 | €456,270 | +€63,787 | +16.3% |
| Non-distributable reserves | 130/1 | €19,337 | €19,337 | = | 0.0% |
| Legal reserve | 130 | €19,337 | €19,337 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,068 | €1,068 | = | 0.0% |
| Distributable reserves | 133 | €372,077 | €435,864 | +€63,787 | +17.1% |
| Amounts payable | 17/49 | €209,916 | €247,470 | +€37,554 | +17.9% |
| Amounts payable within one year | 42/48 | €209,041 | €247,470 | +€38,429 | +18.4% |
| Financial debts | 43 | - | €208 | +€208 | |
| Other loans | 439 | - | €208 | +€208 | |
| Trade debts | 44 | €190,463 | €216,852 | +€26,389 | +13.9% |
| Suppliers | 440/4 | €190,463 | €216,852 | +€26,389 | +13.9% |
| Taxes, remuneration and social security | 45 | €18,306 | €29,860 | +€11,554 | +63.1% |
| Taxes | 450/3 | - | €7,300 | +€7,300 | |
| Remuneration and social security | 454/9 | €18,306 | €22,560 | +€4,254 | +23.2% |
| Other amounts payable | 47/48 | €273 | €551 | +€279 | +102% |
| Accrued charges and deferred income | 492/3 | €875 | €0 | -€875 | -100% |
| Non-recurring operating income | 76A | - | €193 | +€193 | |
| Remuneration, social security and pensions | 62 | €199,824 | €237,449 | +€37,625 | +18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,035 | €6,497 | +€462 | +7.7% |
| Other operating charges | 640/8 | €11,132 | €25,437 | +€14,305 | +129% |
| Non-recurring operating charges | 66A | - | €250 | +€250 | |
| Gross operating margin | 9900 | €260,066 | €358,265 | +€98,199 | +37.8% |
| Operating profit (loss) | 9901 | €43,075 | €88,632 | +€45,557 | +106% |
| Financial income | 75/76B | €1,417 | €1,518 | +€101 | +7.1% |
| Recurring financial income | 75 | €1,417 | €1,518 | +€101 | +7.1% |
| Financial charges | 65/66B | €2,722 | €4,063 | +€1,340 | +49.2% |
| Recurring financial charges | 65 | €2,722 | €4,063 | +€1,340 | +49.2% |
| Profit (loss) for the period before taxes | 9903 | €41,769 | €86,087 | +€44,318 | +106% |
| Income taxes | 67/77 | €13,820 | €22,300 | +€8,480 | +61.4% |
| Profit (loss) for the period | 9904 | €27,949 | €63,787 | +€35,838 | +128% |
| Profit (loss) for the period to be appropriated | 9905 | €27,949 | €63,787 | +€35,838 | +128% |
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 21 October 2026 via checked.be.