VRT-SOCIALE WERKEN: 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.
VRT-SOCIALE WERKEN
Largest movements
- Receivables within one year -€200,741
down €200,741 (-71.1%), from €282,246 to €81,505
of which Trade receivables: -€198,961
- Cash -€168,265
down €168,265 (-34.9%), from €482,752 to €314,487
mainly Trade debts (-€324,663) and Stocks and contracts (-€89,319)
- Stocks and contracts +€89,319
up €89,319 (+5,094%), from €1,753 to €91,073
- Deferred charges and accrued income +€68,441
up €68,441 (+265%), from €25,846 to €94,287
- Trade debts -€324,663
down €324,663 (-65.0%), from €499,337 to €174,674
- Reserves +€113,418
up €113,418 (+50.7%), from €223,767 to €337,185
- Gross operating margin +€283,083
up €283,083, from -€169,516 to €113,567
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 | €792,597 | €581,352 | -€211,245 | -26.7% |
| Current assets | 29/58 | €792,597 | €581,352 | -€211,245 | -26.7% |
| Stocks and contracts in progress | 3 | €1,753 | €91,073 | +€89,319 | +5,094% |
| Stocks | 30/36 | €1,753 | €91,073 | +€89,319 | +5,094% |
| Amounts receivable within one year | 40/41 | €282,246 | €81,505 | -€200,741 | -71.1% |
| Trade receivables | 40 | €267,586 | €68,625 | -€198,961 | -74.4% |
| Other amounts receivable | 41 | €14,660 | €12,880 | -€1,780 | -12.1% |
| Cash at bank and in hand | 54/58 | €482,752 | €314,487 | -€168,265 | -34.9% |
| Deferred charges and accrued income | 490/1 | €25,846 | €94,287 | +€68,441 | +265% |
| Total equity and liabilities | 10/49 | €792,597 | €581,352 | -€211,245 | -26.7% |
| Equity | 10/15 | €293,260 | €406,678 | +€113,418 | +38.7% |
| Contributions | 10/11 | €69,493 | €69,493 | = | 0.0% |
| Capital | 10 | €69,493 | €69,493 | = | 0.0% |
| Reserves | 13 | €223,767 | €337,185 | +€113,418 | +50.7% |
| Amounts payable | 17/49 | €499,337 | €174,674 | -€324,663 | -65.0% |
| Amounts payable within one year | 42/48 | €499,337 | €174,674 | -€324,663 | -65.0% |
| Trade debts | 44 | €499,337 | €174,674 | -€324,663 | -65.0% |
| Suppliers | 440/4 | €499,337 | €174,674 | -€324,663 | -65.0% |
| Non-recurring operating income | 76A | - | €237 | +€237 | |
| Other operating charges | 640/8 | - | €422 | +€422 | |
| Non-recurring operating charges | 66A | €750 | €0 | -€750 | -100% |
| Gross operating margin | 9900 | -€169,516 | €113,567 | +€283,083 | |
| Operating profit (loss) | 9901 | -€170,266 | €113,145 | +€283,411 | |
| Financial income | 75/76B | €1,105 | €779 | -€326 | -29.5% |
| Recurring financial income | 75 | €1,105 | €779 | -€326 | -29.5% |
| Financial charges | 65/66B | €476 | €506 | +€30 | +6.3% |
| Recurring financial charges | 65 | €476 | €506 | +€30 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | -€169,636 | €113,418 | +€283,055 | |
| Profit (loss) for the period | 9904 | -€169,636 | €113,418 | +€283,055 | |
| Profit (loss) for the period to be appropriated | 9905 | -€169,636 | €113,418 | +€283,055 |
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 29 October 2026 via checked.be.