VRAC & GO: 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.
VRAC & GO
Largest movements
- Cash -€2,087
down €2,087 (-43.3%), from €4,820 to €2,733
mainly Debts after one year (-€3,330) and Tax, wage and social debts (-€1,907)
- Receivables within one year -€1,250
down €1,250 (-18.8%), from €6,648 to €5,398
- Stocks and contracts -€1,088
down €1,088 (-7.2%), from €15,190 to €14,102
- Debts after one year -€3,330
down €3,330 (-31.4%), from €10,614 to €7,284
- Tax, wage and social debts -€1,907
down €1,907 (-46.6%), from €4,093 to €2,187
of which Remuneration and social security: -€2,063
- Profit (loss) carried forward +€878
up €878 (+19.2%), from -€4,579 to -€3,701
- Other debts +€428
up €428 (+53.5%), from €800 to €1,228
- Staff costs -€6,646
down €6,646 (-39.4%), from €16,876 to €10,230
- Gross operating margin -€4,818
down €4,818 (-36.2%), from €13,326 to €8,508
- Financial income +€3,737
up €3,737 (+1,552%), from €241 to €3,978
of which Non-recurring financial income: +€3,330
- Depreciation -€350
down €350 (-80.5%), from €435 to €85
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 | €27,872 | €23,711 | -€4,161 | -14.9% |
| Fixed assets | 21/28 | €1,214 | €1,214 | +€0 | 0.0% |
| Tangible fixed assets | 22/27 | €85 | - | -€85 | |
| Plant, machinery and equipment | 23 | €85 | - | -€85 | |
| Financial fixed assets | 28 | €1,129 | €1,214 | +€85 | +7.6% |
| Current assets | 29/58 | €26,658 | €22,497 | -€4,161 | -15.6% |
| Stocks and contracts in progress | 3 | €15,190 | €14,102 | -€1,088 | -7.2% |
| Stocks | 30/36 | €15,190 | €14,102 | -€1,088 | -7.2% |
| Amounts receivable within one year | 40/41 | €6,648 | €5,398 | -€1,250 | -18.8% |
| Trade receivables | 40 | €6,648 | €5,398 | -€1,250 | -18.8% |
| Cash at bank and in hand | 54/58 | €4,820 | €2,733 | -€2,087 | -43.3% |
| Deferred charges and accrued income | 490/1 | - | €264 | +€264 | |
| Total equity and liabilities | 10/49 | €27,872 | €23,711 | -€4,161 | -14.9% |
| Equity | 10/15 | €421 | €1,299 | +€878 | +208% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,579 | -€3,701 | +€878 | +19.2% |
| Amounts payable | 17/49 | €27,451 | €22,412 | -€5,039 | -18.4% |
| Amounts payable after more than one year | 17 | €10,614 | €7,284 | -€3,330 | -31.4% |
| Financial debts | 170/4 | €10,614 | €7,284 | -€3,330 | -31.4% |
| Amounts payable within one year | 42/48 | €16,501 | €15,023 | -€1,478 | -9.0% |
| Trade debts | 44 | €11,608 | €11,609 | +€1 | 0.0% |
| Suppliers | 440/4 | €11,608 | €11,609 | +€1 | 0.0% |
| Taxes, remuneration and social security | 45 | €4,093 | €2,187 | -€1,907 | -46.6% |
| Taxes | 450/3 | €124 | €280 | +€156 | +126% |
| Remuneration and social security | 454/9 | €3,969 | €1,906 | -€2,063 | -52.0% |
| Other amounts payable | 47/48 | €800 | €1,228 | +€428 | +53.5% |
| Accrued charges and deferred income | 492/3 | €336 | €105 | -€231 | -68.8% |
| Remuneration, social security and pensions | 62 | €16,876 | €10,230 | -€6,646 | -39.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €435 | €85 | -€350 | -80.5% |
| Other operating charges | 640/8 | €532 | €549 | +€17 | +3.2% |
| Gross operating margin | 9900 | €13,326 | €8,508 | -€4,818 | -36.2% |
| Operating profit (loss) | 9901 | -€4,517 | -€2,356 | +€2,161 | +47.8% |
| Financial income | 75/76B | €241 | €3,978 | +€3,737 | +1,552% |
| Recurring financial income | 75 | €241 | €648 | +€407 | +169% |
| Non-recurring financial income | 76B | - | €3,330 | +€3,330 | |
| Financial charges | 65/66B | €735 | €771 | +€36 | +4.8% |
| Recurring financial charges | 65 | €735 | €771 | +€36 | +4.8% |
| Profit (loss) for the period before taxes | 9903 | -€5,012 | €851 | +€5,863 | |
| Income taxes | 67/77 | - | -€27 | -€27 | |
| Profit (loss) for the period | 9904 | -€5,012 | €878 | +€5,890 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,012 | €878 | +€5,890 |
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 27 October 2026 via checked.be.