Vrolix M.: 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.
Vrolix M.
Largest movements
- Deferred charges and accrued income +€15,450
up €15,450 (+347%), from €4,453 to €19,903
- Receivables within one year +€15,043
up €15,043 (+75.1%), from €20,030 to €35,074
of which Other amounts receivable: +€16,452
- Tangible fixed assets -€7,163
down €7,163 (-20.1%), from €35,552 to €28,389
of which Furniture and vehicles: -€6,961
- Cash -€7,006
down €7,006 (-2.8%), from €253,846 to €246,840
mainly Deferred charges and accrued income (-€15,450) and Receivables within one year (-€15,043)
- Reserves +€34,083
up €34,083 (+13.6%), from €250,350 to €284,432
- Tax, wage and social debts -€14,352
down €14,352 (-59.2%), from €24,230 to €9,878
- Debts after one year -€5,480
no longer reported in 2025 (was €5,480)
- Trade debts +€4,538
up €4,538 (+61.9%), from €7,328 to €11,865
- Gross operating margin -€34,789
down €34,789 (-36.5%), from €95,308 to €60,519
- Taxes -€13,060
down €13,060 (-44.5%), from €29,351 to €16,291
- Depreciation +€4,557
up €4,557 (+121%), from €3,761 to €8,319
- Financial charges +€1,145
up €1,145 (+185%), from €619 to €1,764
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 | €313,881 | €330,206 | +€16,325 | +5.2% |
| Fixed assets | 21/28 | €35,552 | €28,389 | -€7,163 | -20.1% |
| Tangible fixed assets | 22/27 | €35,552 | €28,389 | -€7,163 | -20.1% |
| Plant, machinery and equipment | 23 | €1,424 | €1,932 | +€507 | +35.6% |
| Furniture and vehicles | 24 | €30,707 | €23,746 | -€6,961 | -22.7% |
| Other tangible fixed assets | 26 | €3,421 | €2,712 | -€709 | -20.7% |
| Current assets | 29/58 | €278,329 | €301,816 | +€23,487 | +8.4% |
| Amounts receivable within one year | 40/41 | €20,030 | €35,074 | +€15,043 | +75.1% |
| Trade receivables | 40 | €15,059 | €13,651 | -€1,408 | -9.4% |
| Other amounts receivable | 41 | €4,971 | €21,423 | +€16,452 | +331% |
| Cash at bank and in hand | 54/58 | €253,846 | €246,840 | -€7,006 | -2.8% |
| Deferred charges and accrued income | 490/1 | €4,453 | €19,903 | +€15,450 | +347% |
| Total equity and liabilities | 10/49 | €313,881 | €330,206 | +€16,325 | +5.2% |
| Equity | 10/15 | €268,900 | €302,982 | +€34,083 | +12.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €250,350 | €284,432 | +€34,083 | +13.6% |
| Distributable reserves | 133 | €250,350 | €284,432 | +€34,083 | +13.6% |
| Amounts payable | 17/49 | €44,982 | €27,224 | -€17,758 | -39.5% |
| Amounts payable after more than one year | 17 | €5,480 | - | -€5,480 | |
| Financial debts | 170/4 | €5,480 | - | -€5,480 | |
| Amounts payable within one year | 42/48 | €39,501 | €27,224 | -€12,278 | -31.1% |
| Current portion of amounts payable after more than one year | 42 | €7,944 | €5,480 | -€2,464 | -31.0% |
| Trade debts | 44 | €7,328 | €11,865 | +€4,538 | +61.9% |
| Suppliers | 440/4 | €7,328 | €11,865 | +€4,538 | +61.9% |
| Taxes, remuneration and social security | 45 | €24,230 | €9,878 | -€14,352 | -59.2% |
| Taxes | 450/3 | €24,230 | €9,878 | -€14,352 | -59.2% |
| Non-recurring operating income | 76A | €11,701 | €18,733 | +€7,032 | +60.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,761 | €8,319 | +€4,557 | +121% |
| Other operating charges | 640/8 | €867 | €911 | +€43 | +5.0% |
| Gross operating margin | 9900 | €95,308 | €60,519 | -€34,789 | -36.5% |
| Operating profit (loss) | 9901 | €90,679 | €51,290 | -€39,390 | -43.4% |
| Financial income | 75/76B | €1,427 | €848 | -€579 | -40.6% |
| Recurring financial income | 75 | €1,427 | €848 | -€579 | -40.6% |
| Financial charges | 65/66B | €619 | €1,764 | +€1,145 | +185% |
| Recurring financial charges | 65 | €619 | €1,764 | +€1,145 | +185% |
| Profit (loss) for the period before taxes | 9903 | €91,487 | €50,374 | -€41,114 | -44.9% |
| Income taxes | 67/77 | €29,351 | €16,291 | -€13,060 | -44.5% |
| Profit (loss) for the period | 9904 | €62,136 | €34,083 | -€28,053 | -45.1% |
| Profit (loss) for the period to be appropriated | 9905 | €62,136 | €34,083 | -€28,053 | -45.1% |
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 30 October 2026 via checked.be.