VR CONTENEUR: 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.
VR CONTENEUR
Largest movements
- Tangible fixed assets +€101,159
up €101,159 (+14.9%), from €677,837 to €778,996
of which Land and buildings: +€123,215
- Cash -€78,953
down €78,953 (-22.9%), from €345,080 to €266,127
mainly Investment in fixed assets (net) (-€166,438) and Stocks and contracts (-€48,421)
- Stocks and contracts +€48,421
up €48,421 (+34.8%), from €138,980 to €187,401
- Financial fixed assets -€14,247
no longer reported in 2025 (was €14,247)
- Other debts +€134,408
up €134,408 (+108%), from €124,108 to €258,516
- Debts after one year -€43,333
no longer reported in 2025 (was €43,333)
- Provisions -€27,440
down €27,440 (-13.6%), from €202,440 to €175,000
- Current portion of long-term debt -€25,950
down €25,950 (-37.5%), from €69,284 to €43,333
- Reserves +€23,501
up €23,501 (+3.3%), from €714,072 to €737,573
- Gross operating margin -€83,163
down €83,163 (-35.3%), from €235,439 to €152,276
- Taxes -€19,556
down €19,556 (-61.1%), from €31,990 to €12,434
- Depreciation +€13,356
up €13,356 (+20.2%), from €66,170 to €79,526
- Staff costs -€10,800
down €10,800 (-38.1%), from €28,345 to €17,545
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 | €1,250,735 | €1,299,079 | +€48,344 | +3.9% |
| Fixed assets | 21/28 | €692,084 | €778,996 | +€86,913 | +12.6% |
| Tangible fixed assets | 22/27 | €677,837 | €778,996 | +€101,159 | +14.9% |
| Land and buildings | 22 | €624,938 | €748,153 | +€123,215 | +19.7% |
| Plant, machinery and equipment | 23 | €1,481 | €975 | -€505 | -34.1% |
| Furniture and vehicles | 24 | €36,241 | €19,939 | -€16,302 | -45.0% |
| Leasing and similar rights | 25 | €8,660 | €4,331 | -€4,330 | -50.0% |
| Other tangible fixed assets | 26 | €6,517 | €5,598 | -€919 | -14.1% |
| Financial fixed assets | 28 | €14,247 | - | -€14,247 | |
| Current assets | 29/58 | €558,651 | €520,082 | -€38,569 | -6.9% |
| Stocks and contracts in progress | 3 | €138,980 | €187,401 | +€48,421 | +34.8% |
| Stocks | 30/36 | €138,980 | €187,401 | +€48,421 | +34.8% |
| Amounts receivable within one year | 40/41 | €70,476 | €62,880 | -€7,596 | -10.8% |
| Trade receivables | 40 | €68,198 | €62,855 | -€5,343 | -7.8% |
| Other amounts receivable | 41 | €2,278 | €25 | -€2,253 | -98.9% |
| Cash at bank and in hand | 54/58 | €345,080 | €266,127 | -€78,953 | -22.9% |
| Deferred charges and accrued income | 490/1 | €4,116 | €3,675 | -€441 | -10.7% |
| Total equity and liabilities | 10/49 | €1,250,735 | €1,299,079 | +€48,344 | +3.9% |
| Equity | 10/15 | €776,720 | €797,796 | +€21,076 | +2.7% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Capital | 10 | €20,460 | €20,460 | = | 0.0% |
| Issued capital | 100 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €714,072 | €737,573 | +€23,501 | +3.3% |
| Distributable reserves | 133 | €714,072 | €737,573 | +€23,501 | +3.3% |
| Investment grants | 15 | €42,188 | €39,763 | -€2,425 | -5.7% |
| Provisions and deferred taxes | 16 | €202,440 | €175,000 | -€27,440 | -13.6% |
| Provisions for liabilities and charges | 160/5 | €202,440 | €175,000 | -€27,440 | -13.6% |
| Major repairs and maintenance | 162 | €202,440 | €175,000 | -€27,440 | -13.6% |
| Amounts payable | 17/49 | €271,575 | €326,283 | +€54,707 | +20.1% |
| Amounts payable after more than one year | 17 | €43,333 | - | -€43,333 | |
| Financial debts | 170/4 | €43,333 | - | -€43,333 | |
| Amounts payable within one year | 42/48 | €228,242 | €326,283 | +€98,041 | +43.0% |
| Current portion of amounts payable after more than one year | 42 | €69,284 | €43,333 | -€25,950 | -37.5% |
| Trade debts | 44 | €19,351 | €11,359 | -€7,992 | -41.3% |
| Suppliers | 440/4 | €19,351 | €11,359 | -€7,992 | -41.3% |
| Taxes, remuneration and social security | 45 | €15,499 | €13,075 | -€2,425 | -15.6% |
| Taxes | 450/3 | €6,957 | €13,075 | +€6,118 | +87.9% |
| Remuneration and social security | 454/9 | €8,543 | - | -€8,543 | |
| Other amounts payable | 47/48 | €124,108 | €258,516 | +€134,408 | +108% |
| Non-recurring operating income | 76A | - | €27,440 | +€27,440 | |
| Remuneration, social security and pensions | 62 | €28,345 | €17,545 | -€10,800 | -38.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €66,170 | €79,526 | +€13,356 | +20.2% |
| Other operating charges | 640/8 | €19,724 | €19,272 | -€452 | -2.3% |
| Gross operating margin | 9900 | €235,439 | €152,276 | -€83,163 | -35.3% |
| Operating profit (loss) | 9901 | €121,200 | €35,933 | -€85,267 | -70.4% |
| Financial income | 75/76B | €2,883 | €2,471 | -€412 | -14.3% |
| Recurring financial income | 75 | €2,883 | €2,471 | -€412 | -14.3% |
| Financial charges | 65/66B | €4,666 | €2,469 | -€2,198 | -47.1% |
| Recurring financial charges | 65 | €4,666 | €2,469 | -€2,198 | -47.1% |
| Profit (loss) for the period before taxes | 9903 | €119,417 | €35,936 | -€83,481 | -69.9% |
| Income taxes | 67/77 | €31,990 | €12,434 | -€19,556 | -61.1% |
| Profit (loss) for the period | 9904 | €87,427 | €23,501 | -€63,925 | -73.1% |
| Profit (loss) for the period to be appropriated | 9905 | €87,427 | €23,501 | -€63,925 | -73.1% |
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 16 October 2026 via checked.be.