VRCKN: 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.
VRCKN
Largest movements
- Cash -€14,070
down €14,070 (-69.0%), from €20,388 to €6,317
mainly Net result for the year (-€9,547) and Receivables within one year (-€3,711)
- Receivables within one year +€3,711
up €3,711 (+96.5%), from €3,844 to €7,555
- Tangible fixed assets -€908
down €908 (-41.4%), from €2,194 to €1,286
- Deferred charges and accrued income +€418
up €418 (+46.8%), from €892 to €1,310
- Reserves -€8,637
down €8,637 (-100.0%), from €8,637 to €0
- Profit (loss) carried forward -€911
new in 2025: -€911
- Other debts -€895
down €895 (-7.7%), from €11,637 to €10,743
- Tax, wage and social debts -€676
down €676 (-10.7%), from €6,317 to €5,641
of which Taxes: -€888
- Gross operating margin -€20,140
down €20,140, from €12,877 to -€7,263
- Taxes -€2,296
down €2,296 (-93.4%), from €2,459 to €162
- Other operating charges +€353
up €353 (+206.9%), from €171 to €523
- Depreciation -€225
down €225 (-16.1%), from €1,402 to €1,177
- Financial charges +€214
up €214 (+102.3%), from €209 to €423
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 | €27,586 | €16,468 | -€11,118 | -40.3% |
| Formation expenses | 20 | €269 | €0 | -€269 | -100.0% |
| Fixed assets | 21/28 | €2,194 | €1,286 | -€908 | -41.4% |
| Tangible fixed assets | 22/27 | €2,194 | €1,286 | -€908 | -41.4% |
| Furniture and vehicles | 24 | €2,194 | €1,286 | -€908 | -41.4% |
| Current assets | 29/58 | €25,123 | €15,182 | -€9,941 | -39.6% |
| Amounts receivable within one year | 40/41 | €3,844 | €7,555 | +€3,711 | +96.5% |
| Trade receivables | 40 | €3,844 | €7,555 | +€3,711 | +96.5% |
| Cash at bank and in hand | 54/58 | €20,388 | €6,317 | -€14,070 | -69.0% |
| Deferred charges and accrued income | 490/1 | €892 | €1,310 | +€418 | +46.8% |
| Total equity and liabilities | 10/49 | €27,586 | €16,468 | -€11,118 | -40.3% |
| Equity | 10/15 | €8,737 | -€811 | -€9,547 | |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €8,637 | €0 | -€8,637 | -100.0% |
| Distributable reserves | 133 | €8,637 | €0 | -€8,637 | -100.0% |
| Profit (loss) carried forward | 14 | - | -€911 | -€911 | |
| Amounts payable | 17/49 | €18,849 | €17,278 | -€1,571 | -8.3% |
| Amounts payable within one year | 42/48 | €18,849 | €17,278 | -€1,571 | -8.3% |
| Trade debts | 44 | €895 | €895 | = | 0.0% |
| Suppliers | 440/4 | €895 | €895 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €6,317 | €5,641 | -€676 | -10.7% |
| Taxes | 450/3 | €5,135 | €4,247 | -€888 | -17.3% |
| Remuneration and social security | 454/9 | €1,181 | €1,393 | +€212 | +17.9% |
| Other amounts payable | 47/48 | €11,637 | €10,743 | -€895 | -7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,402 | €1,177 | -€225 | -16.1% |
| Other operating charges | 640/8 | €171 | €523 | +€353 | +206.9% |
| Gross operating margin | 9900 | €12,877 | -€7,263 | -€20,140 | |
| Operating profit (loss) | 9901 | €11,304 | -€8,963 | -€20,267 | |
| Financial charges | 65/66B | €209 | €423 | +€214 | +102.3% |
| Recurring financial charges | 65 | €209 | €423 | +€214 | +102.3% |
| Profit (loss) for the period before taxes | 9903 | €11,095 | -€9,385 | -€20,481 | |
| Income taxes | 67/77 | €2,459 | €162 | -€2,296 | -93.4% |
| Profit (loss) for the period | 9904 | €8,637 | -€9,547 | -€18,184 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,637 | -€9,547 | -€18,184 |
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 10 October 2026 via checked.be.