VPI COMPANY: what changed
VPI COMPANY
Largest movements
- Tangible fixed assets +€52,946
up €52,946 (+2,914%), from €1,817 to €54,763
of which Furniture and vehicles: +€52,460
- Receivables within one year -€25,681
down €25,681 (-64.0%), from €40,129 to €14,448
of which Trade receivables: -€25,855
- Deferred charges and accrued income +€2,059
new in 2024: €2,059
- Cash +€1,087
up €1,087 (+15,523%), from €7 to €1,094
mainly Receivables within one year (+€25,681) and Net result for the year (+€25,516)
- Profit (loss) carried forward +€25,517
up €25,517 (+5,218%), from €489 to €26,006
- Trade debts -€12,558
down €12,558 (-31.2%), from €40,217 to €27,659
- Tax, wage and social debts +€9,146
up €9,146 (+6,222%), from €147 to €9,293
of which Taxes: +€7,146
- Other debts +€8,306
new in 2024: €8,306
- Gross operating margin +€37,231
up €37,231 (+2,764%), from €1,347 to €38,578
- Taxes +€6,246
up €6,246 (+4,249%), from €147 to €6,393
- Depreciation +€5,826
up €5,826 (+1,286%), from €453 to €6,279
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,953 | €72,363 | +€30,410 | +72.5% |
| Fixed assets | 21/28 | €1,817 | €54,763 | +€52,946 | +2,914% |
| Tangible fixed assets | 22/27 | €1,817 | €54,763 | +€52,946 | +2,914% |
| Plant, machinery and equipment | 23 | - | €486 | +€486 | |
| Furniture and vehicles | 24 | €1,817 | €54,277 | +€52,460 | +2,887% |
| Current assets | 29/58 | €40,136 | €17,600 | -€22,536 | -56.1% |
| Amounts receivable within one year | 40/41 | €40,129 | €14,448 | -€25,681 | -64.0% |
| Trade receivables | 40 | €38,672 | €12,817 | -€25,855 | -66.9% |
| Other amounts receivable | 41 | €1,457 | €1,631 | +€174 | +12.0% |
| Cash at bank and in hand | 54/58 | €7 | €1,094 | +€1,087 | +15,523% |
| Deferred charges and accrued income | 490/1 | - | €2,059 | +€2,059 | |
| Total equity and liabilities | 10/49 | €41,953 | €72,363 | +€30,410 | +72.5% |
| Equity | 10/15 | €1,589 | €27,106 | +€25,517 | +1,606% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Capital | 10 | €1,000 | - | -€1,000 | |
| Issued capital | 100 | €1,000 | - | -€1,000 | |
| Reserves | 13 | €100 | €100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €100 | - | -€100 | |
| Legal reserve | 130 | €100 | - | -€100 | |
| Distributable reserves | 133 | - | €100 | +€100 | |
| Profit (loss) carried forward | 14 | €489 | €26,006 | +€25,517 | +5,218% |
| Amounts payable | 17/49 | €40,364 | €45,258 | +€4,894 | +12.1% |
| Amounts payable within one year | 42/48 | €40,364 | €45,258 | +€4,894 | +12.1% |
| Trade debts | 44 | €40,217 | €27,659 | -€12,558 | -31.2% |
| Suppliers | 440/4 | €40,217 | €27,659 | -€12,558 | -31.2% |
| Taxes, remuneration and social security | 45 | €147 | €9,293 | +€9,146 | +6,222% |
| Taxes | 450/3 | €147 | €7,293 | +€7,146 | +4,861% |
| Remuneration and social security | 454/9 | - | €2,000 | +€2,000 | |
| Other amounts payable | 47/48 | - | €8,306 | +€8,306 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €453 | €6,279 | +€5,826 | +1,286% |
| Other operating charges | 640/8 | - | €145 | +€145 | |
| Gross operating margin | 9900 | €1,347 | €38,578 | +€37,231 | +2,764% |
| Operating profit (loss) | 9901 | €894 | €32,154 | +€31,260 | +3,497% |
| Financial income | 75/76B | €32 | €0 | -€32 | -100.0% |
| Recurring financial income | 75 | €32 | €0 | -€32 | -100.0% |
| Financial charges | 65/66B | €190 | €244 | +€54 | +28.7% |
| Recurring financial charges | 65 | €190 | €244 | +€54 | +28.7% |
| Profit (loss) for the period before taxes | 9903 | €736 | €31,909 | +€31,173 | +4,235% |
| Income taxes | 67/77 | €147 | €6,393 | +€6,246 | +4,249% |
| Profit (loss) for the period | 9904 | €589 | €25,516 | +€24,927 | +4,232% |
| Profit (loss) for the period to be appropriated | 9905 | €589 | €25,516 | +€24,927 | +4,232% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2023 and 31 March 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.