VPSurveys: 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.
VPSurveys
Largest movements
- Receivables within one year +€44,794
up €44,794 (+50.7%), from €88,303 to €133,097
of which Other amounts receivable: +€52,924
- Deferred charges and accrued income -€3,436
down €3,436 (-56.0%), from €6,135 to €2,700
- Cash -€2,314
down €2,314 (-10.7%), from €21,624 to €19,309
mainly Receivables within one year (-€44,794) and Tax, wage and social debts (-€10,452)
- Reserves +€47,543
up €47,543 (+56.1%), from €84,693 to €132,236
- Tax, wage and social debts -€10,452
down €10,452 (-40.4%), from €25,842 to €15,390
of which Taxes: -€7,242
- Accrued charges and deferred income +€1,726
new in 2025: €1,726
- Gross operating margin -€48,612
down €48,612 (-44.9%), from €108,326 to €59,714
- Taxes -€9,728
down €9,728 (-43.0%), from €22,633 to €12,904
- Financial income +€1,710
up €1,710 (+1801.1%), from €95 to €1,805
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 | €117,099 | €155,758 | +€38,659 | +33.0% |
| Fixed assets | 21/28 | €1,038 | €652 | -€386 | -37.2% |
| Tangible fixed assets | 22/27 | €1,038 | €652 | -€386 | -37.2% |
| Furniture and vehicles | 24 | €1,038 | €652 | -€386 | -37.2% |
| Current assets | 29/58 | €116,062 | €155,106 | +€39,044 | +33.6% |
| Amounts receivable within one year | 40/41 | €88,303 | €133,097 | +€44,794 | +50.7% |
| Trade receivables | 40 | €70,233 | €62,104 | -€8,129 | -11.6% |
| Other amounts receivable | 41 | €18,069 | €70,993 | +€52,924 | +292.9% |
| Cash at bank and in hand | 54/58 | €21,624 | €19,309 | -€2,314 | -10.7% |
| Deferred charges and accrued income | 490/1 | €6,135 | €2,700 | -€3,436 | -56.0% |
| Total equity and liabilities | 10/49 | €117,099 | €155,758 | +€38,659 | +33.0% |
| Equity | 10/15 | €89,693 | €137,236 | +€47,543 | +53.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €84,693 | €132,236 | +€47,543 | +56.1% |
| Distributable reserves | 133 | €84,693 | €132,236 | +€47,543 | +56.1% |
| Amounts payable | 17/49 | €27,407 | €18,523 | -€8,884 | -32.4% |
| Amounts payable within one year | 42/48 | €27,407 | €16,797 | -€10,610 | -38.7% |
| Financial debts | 43 | €105 | €0 | -€105 | -100.0% |
| Credit institutions | 430/8 | €105 | €0 | -€105 | -100.0% |
| Trade debts | 44 | €1,459 | €1,406 | -€53 | -3.6% |
| Suppliers | 440/4 | €1,459 | €1,406 | -€53 | -3.6% |
| Taxes, remuneration and social security | 45 | €25,842 | €15,390 | -€10,452 | -40.4% |
| Taxes | 450/3 | €22,633 | €15,390 | -€7,242 | -32.0% |
| Remuneration and social security | 454/9 | €3,210 | €0 | -€3,210 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €1,726 | +€1,726 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €119 | €386 | +€266 | +223.0% |
| Other operating charges | 640/8 | €588 | €537 | -€52 | -8.8% |
| Non-recurring operating charges | 66A | €357 | €0 | -€357 | -100.0% |
| Gross operating margin | 9900 | €108,326 | €59,714 | -€48,612 | -44.9% |
| Operating profit (loss) | 9901 | €107,260 | €58,791 | -€48,469 | -45.2% |
| Financial income | 75/76B | €95 | €1,805 | +€1,710 | +1801.1% |
| Recurring financial income | 75 | €95 | €1,805 | +€1,710 | +1801.1% |
| Financial charges | 65/66B | €30 | €149 | +€119 | +393.6% |
| Recurring financial charges | 65 | €30 | €149 | +€119 | +393.6% |
| Profit (loss) for the period before taxes | 9903 | €107,325 | €60,447 | -€46,878 | -43.7% |
| Income taxes | 67/77 | €22,633 | €12,904 | -€9,728 | -43.0% |
| Profit (loss) for the period | 9904 | €84,693 | €47,543 | -€37,150 | -43.9% |
| Profit (loss) for the period to be appropriated | 9905 | €84,693 | €47,543 | -€37,150 | -43.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.