VPAuto Belgium: 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.
VPAuto Belgium
Largest movements
- Receivables within one year -€96,821
down €96,821 (-44.9%), from €215,705 to €118,885
of which Trade receivables: -€103,288
- Cash +€7,831
up €7,831 (+32.4%), from €24,156 to €31,987
mainly Receivables within one year (+€96,821) and Depreciation (+€4,992)
- Tangible fixed assets -€4,992
down €4,992 (-26.3%), from €18,946 to €13,954
of which Plant, machinery and equipment: -€4,479
- Trade debts -€62,545
down €62,545 (-36.0%), from €173,786 to €111,241
- Advances received -€34,300
down €34,300 (-78.3%), from €43,779 to €9,479
- Profit (loss) carried forward +€2,863
up €2,863 (+0.7%), from -€383,758 to -€380,894
- Gross operating margin +€157,760
up €157,760, from -€145,133 to €12,627
- Other operating charges -€26,856
down €26,856 (-94.0%), from €28,582 to €1,725
- Financial charges -€1,877
down €1,877 (-38.1%), from €4,924 to €3,047
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 | €258,807 | €164,826 | -€93,981 | -36.3% |
| Fixed assets | 21/28 | €18,946 | €13,954 | -€4,992 | -26.3% |
| Tangible fixed assets | 22/27 | €18,946 | €13,954 | -€4,992 | -26.3% |
| Plant, machinery and equipment | 23 | €18,188 | €13,709 | -€4,479 | -24.6% |
| Furniture and vehicles | 24 | €758 | €245 | -€513 | -67.6% |
| Current assets | 29/58 | €239,861 | €150,871 | -€88,990 | -37.1% |
| Amounts receivable within one year | 40/41 | €215,705 | €118,885 | -€96,821 | -44.9% |
| Trade receivables | 40 | €207,779 | €104,492 | -€103,288 | -49.7% |
| Other amounts receivable | 41 | €7,926 | €14,393 | +€6,467 | +81.6% |
| Cash at bank and in hand | 54/58 | €24,156 | €31,987 | +€7,831 | +32.4% |
| Total equity and liabilities | 10/49 | €258,807 | €164,826 | -€93,981 | -36.3% |
| Equity | 10/15 | -€358,758 | -€355,894 | +€2,863 | +0.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€383,758 | -€380,894 | +€2,863 | +0.7% |
| Amounts payable | 17/49 | €617,565 | €520,720 | -€96,845 | -15.7% |
| Amounts payable within one year | 42/48 | €617,565 | €520,720 | -€96,845 | -15.7% |
| Trade debts | 44 | €173,786 | €111,241 | -€62,545 | -36.0% |
| Suppliers | 440/4 | €173,786 | €111,241 | -€62,545 | -36.0% |
| Advances received on contracts in progress | 46 | €43,779 | €9,479 | -€34,300 | -78.3% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €400,000 | €400,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,239 | €4,992 | -€1,248 | -20.0% |
| Other operating charges | 640/8 | €28,582 | €1,725 | -€26,856 | -94.0% |
| Gross operating margin | 9900 | -€145,133 | €12,627 | +€157,760 | |
| Operating profit (loss) | 9901 | -€179,954 | €5,910 | +€185,864 | |
| Financial income | 75/76B | €6 | €1 | -€6 | -88.3% |
| Recurring financial income | 75 | €6 | €1 | -€6 | -88.3% |
| Financial charges | 65/66B | €4,924 | €3,047 | -€1,877 | -38.1% |
| Recurring financial charges | 65 | €4,924 | €3,047 | -€1,877 | -38.1% |
| Profit (loss) for the period before taxes | 9903 | -€184,872 | €2,863 | +€187,735 | |
| Income taxes | 67/77 | -€1 | - | +€1 | |
| Profit (loss) for the period | 9904 | -€184,871 | €2,863 | +€187,735 | |
| Profit (loss) for the period to be appropriated | 9905 | -€184,871 | €2,863 | +€187,735 |
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 1 November 2026 via checked.be.