VP TRANS: 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.
VP TRANS
Largest movements
- Cash +€8,623
up €8,623 (+79.4%), from €10,866 to €19,489
mainly Other debts (+€8,126) and Net result for the year (+€7,053)
- Deferred charges and accrued income +€5,803
up €5,803 (+932.9%), from €622 to €6,425
- Other debts +€8,126
up €8,126 (+55.8%), from €14,559 to €22,685
- Profit (loss) carried forward +€7,053
up €7,053, from -€5,209 to €1,844
- Gross operating margin -€14,332
down €14,332 (-67.0%), from €21,386 to €7,053
- Depreciation -€5,804
no longer reported in 2025 (was €5,804)
- Taxes -€285
no longer reported in 2025 (was €285)
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 | €55,887 | €70,313 | +€14,426 | +25.8% |
| Fixed assets | 21/28 | €5,804 | €5,804 | = | 0.0% |
| Tangible fixed assets | 22/27 | €5,804 | €5,804 | = | 0.0% |
| Furniture and vehicles | 24 | €5,804 | €5,804 | = | 0.0% |
| Current assets | 29/58 | €50,084 | €64,509 | +€14,426 | +28.8% |
| Amounts receivable within one year | 40/41 | €38,596 | €38,596 | = | 0.0% |
| Trade receivables | 40 | €35,746 | €35,746 | = | 0.0% |
| Other amounts receivable | 41 | €2,850 | €2,850 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,866 | €19,489 | +€8,623 | +79.4% |
| Deferred charges and accrued income | 490/1 | €622 | €6,425 | +€5,803 | +932.9% |
| Total equity and liabilities | 10/49 | €55,887 | €70,313 | +€14,426 | +25.8% |
| Equity | 10/15 | €40,575 | €47,628 | +€7,053 | +17.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €27,184 | €27,184 | = | 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% |
| Distributable reserves | 133 | €25,324 | €25,324 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,209 | €1,844 | +€7,053 | |
| Amounts payable | 17/49 | €15,313 | €22,685 | +€7,372 | +48.1% |
| Amounts payable within one year | 42/48 | €15,313 | €22,685 | +€7,372 | +48.1% |
| Financial debts | 43 | €469 | - | -€469 | |
| Credit institutions | 430/8 | €469 | - | -€469 | |
| Taxes, remuneration and social security | 45 | €285 | - | -€285 | |
| Taxes | 450/3 | €285 | - | -€285 | |
| Other amounts payable | 47/48 | €14,559 | €22,685 | +€8,126 | +55.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,804 | - | -€5,804 | |
| Other operating charges | 640/8 | €39 | - | -€39 | |
| Gross operating margin | 9900 | €21,386 | €7,053 | -€14,332 | -67.0% |
| Operating profit (loss) | 9901 | €15,543 | €7,053 | -€8,490 | -54.6% |
| Financial income | 75/76B | €39 | - | -€39 | |
| Recurring financial income | 75 | €39 | - | -€39 | |
| Financial charges | 65/66B | €167 | - | -€167 | |
| Recurring financial charges | 65 | €167 | - | -€167 | |
| Profit (loss) for the period before taxes | 9903 | €15,415 | €7,053 | -€8,362 | -54.2% |
| Income taxes | 67/77 | €285 | - | -€285 | |
| Profit (loss) for the period | 9904 | €15,131 | €7,053 | -€8,077 | -53.4% |
| Profit (loss) for the period to be appropriated | 9905 | €15,131 | €7,053 | -€8,077 | -53.4% |
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.