VR CAR SOUND: what changed
VR CAR SOUND
Largest movements
- Cash +€53,374
up €53,374 (+56.1%), from €95,057 to €148,431
mainly Net result for the year (+€77,093) and Depreciation (+€2,798)
- Receivables within one year +€5,162
up €5,162 (+74.3%), from €6,952 to €12,114
of which Other amounts receivable: +€3,494
- Tangible fixed assets -€2,798
down €2,798 (-19.2%), from €14,605 to €11,807
of which Plant, machinery and equipment: -€1,898
- Reserves +€77,500
up €77,500 (+141%), from €55,000 to €132,500
- Other debts -€11,927
down €11,927 (-29.7%), from €40,223 to €28,296
- Debts after one year -€7,571
down €7,571 (-43.3%), from €17,496 to €9,925
- Trade debts -€3,320
no longer reported in 2025 (was €3,320)
- Gross operating margin +€28,116
up €28,116 (+36.9%), from €76,121 to €104,237
- Taxes +€6,156
up €6,156 (+43.4%), from €14,176 to €20,331
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €161,248 | €215,275 | +€54,027 | +33.5% |
| Fixed assets | 21/28 | €23,155 | €20,357 | -€2,798 | -12.1% |
| Tangible fixed assets | 22/27 | €14,605 | €11,807 | -€2,798 | -19.2% |
| Plant, machinery and equipment | 23 | €8,616 | €6,718 | -€1,898 | -22.0% |
| Other tangible fixed assets | 26 | €5,988 | €5,089 | -€899 | -15.0% |
| Financial fixed assets | 28 | €8,550 | €8,550 | = | 0.0% |
| Current assets | 29/58 | €138,094 | €194,918 | +€56,824 | +41.1% |
| Stocks and contracts in progress | 3 | €29,605 | €28,419 | -€1,186 | -4.0% |
| Stocks | 30/36 | €29,605 | €28,419 | -€1,186 | -4.0% |
| Amounts receivable within one year | 40/41 | €6,952 | €12,114 | +€5,162 | +74.3% |
| Trade receivables | 40 | €6,952 | €8,620 | +€1,668 | +24.0% |
| Other amounts receivable | 41 | - | €3,494 | +€3,494 | |
| Cash at bank and in hand | 54/58 | €95,057 | €148,431 | +€53,374 | +56.1% |
| Deferred charges and accrued income | 490/1 | €6,480 | €5,954 | -€526 | -8.1% |
| Total equity and liabilities | 10/49 | €161,248 | €215,275 | +€54,027 | +33.5% |
| Equity | 10/15 | €60,743 | €137,836 | +€77,093 | +127% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €55,000 | €132,500 | +€77,500 | +141% |
| Distributable reserves | 133 | €55,000 | €132,500 | +€77,500 | +141% |
| Profit (loss) carried forward | 14 | €743 | €336 | -€407 | -54.7% |
| Amounts payable | 17/49 | €100,505 | €77,439 | -€23,066 | -23.0% |
| Amounts payable after more than one year | 17 | €17,496 | €9,925 | -€7,571 | -43.3% |
| Financial debts | 170/4 | €17,496 | €9,925 | -€7,571 | -43.3% |
| Amounts payable within one year | 42/48 | €83,009 | €67,514 | -€15,495 | -18.7% |
| Current portion of amounts payable after more than one year | 42 | €7,258 | €7,571 | +€313 | +4.3% |
| Trade debts | 44 | €3,320 | - | -€3,320 | |
| Suppliers | 440/4 | €3,320 | - | -€3,320 | |
| Taxes, remuneration and social security | 45 | €32,208 | €31,646 | -€561 | -1.7% |
| Taxes | 450/3 | €32,208 | €31,646 | -€561 | -1.7% |
| Other amounts payable | 47/48 | €40,223 | €28,296 | -€11,927 | -29.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,140 | €2,798 | +€658 | +30.7% |
| Other operating charges | 640/8 | €1,020 | €303 | -€717 | -70.3% |
| Gross operating margin | 9900 | €76,121 | €104,237 | +€28,116 | +36.9% |
| Operating profit (loss) | 9901 | €72,961 | €101,137 | +€28,176 | +38.6% |
| Financial income | 75/76B | €72 | €307 | +€235 | +324% |
| Recurring financial income | 75 | €72 | €307 | +€235 | +324% |
| Financial charges | 65/66B | €3,115 | €4,019 | +€904 | +29.0% |
| Recurring financial charges | 65 | €3,115 | €4,019 | +€904 | +29.0% |
| Profit (loss) for the period before taxes | 9903 | €69,918 | €97,424 | +€27,506 | +39.3% |
| Income taxes | 67/77 | €14,176 | €20,331 | +€6,156 | +43.4% |
| Profit (loss) for the period | 9904 | €55,743 | €77,093 | +€21,351 | +38.3% |
| Profit (loss) for the period to be appropriated | 9905 | €55,743 | €77,093 | +€21,351 | +38.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.