VRV Bike: 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.
VRV Bike
Largest movements
- Receivables within one year +€8,703
up €8,703 (+341%), from €2,556 to €11,259
of which Trade receivables: +€7,903
- Tangible fixed assets -€4,905
down €4,905 (-39.7%), from €12,367 to €7,462
of which Furniture and vehicles: -€4,082
- Cash -€2,243
down €2,243 (-1.2%), from €188,258 to €186,015
mainly Tax, wage and social debts (-€48,825) and Receivables within one year (-€8,703)
- Other debts +€49,396
up €49,396, from €0 to €49,396
- Tax, wage and social debts -€48,825
down €48,825 (-97.0%), from €50,338 to €1,514
- Gross operating margin +€4,564
up €4,564, from -€1,431 to €3,133
- Financial income +€3,378
up €3,378 (+4,781%), from €71 to €3,448
- Financial charges -€69
down €69 (-62.1%), from €111 to €42
of which Financial charges: -€69
- Taxes +€46
up €46 (+23.7%), from €192 to €238
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 | €205,214 | €206,349 | +€1,135 | +0.6% |
| Fixed assets | 21/28 | €12,367 | €7,462 | -€4,905 | -39.7% |
| Tangible fixed assets | 22/27 | €12,367 | €7,462 | -€4,905 | -39.7% |
| Plant, machinery and equipment | 23 | €6,584 | €5,761 | -€823 | -12.5% |
| Furniture and vehicles | 24 | €5,783 | €1,701 | -€4,082 | -70.6% |
| Current assets | 29/58 | €192,847 | €198,888 | +€6,040 | +3.1% |
| Stocks and contracts in progress | 3 | €1,695 | €1,253 | -€442 | -26.1% |
| Stocks | 30/36 | €1,695 | €1,253 | -€442 | -26.1% |
| Amounts receivable within one year | 40/41 | €2,556 | €11,259 | +€8,703 | +341% |
| Trade receivables | 40 | €2,556 | €10,459 | +€7,903 | +309% |
| Other amounts receivable | 41 | - | €800 | +€800 | |
| Cash at bank and in hand | 54/58 | €188,258 | €186,015 | -€2,243 | -1.2% |
| Deferred charges and accrued income | 490/1 | €339 | €360 | +€21 | +6.3% |
| Total equity and liabilities | 10/49 | €205,214 | €206,349 | +€1,135 | +0.6% |
| Equity | 10/15 | €152,824 | €153,144 | +€320 | +0.2% |
| Contributions | 10/11 | €113,020 | €113,020 | = | 0.0% |
| Reserves | 13 | €58,200 | €58,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,200 | €4,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €4,200 | €4,200 | = | 0.0% |
| Distributable reserves | 133 | €54,000 | €54,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,396 | -€18,076 | +€320 | +1.7% |
| Amounts payable | 17/49 | €52,390 | €53,206 | +€816 | +1.6% |
| Amounts payable within one year | 42/48 | €52,390 | €53,206 | +€816 | +1.6% |
| Trade debts | 44 | €2,052 | €2,296 | +€244 | +11.9% |
| Suppliers | 440/4 | €2,052 | €2,296 | +€244 | +11.9% |
| Taxes, remuneration and social security | 45 | €50,338 | €1,514 | -€48,825 | -97.0% |
| Taxes | 450/3 | €50,338 | €1,514 | -€48,825 | -97.0% |
| Other amounts payable | 47/48 | €0 | €49,396 | +€49,396 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,905 | €4,905 | = | 0.0% |
| Other operating charges | 640/8 | €1,047 | €1,077 | +€30 | +2.8% |
| Gross operating margin | 9900 | -€1,431 | €3,133 | +€4,564 | |
| Operating profit (loss) | 9901 | -€7,383 | -€2,849 | +€4,535 | +61.4% |
| Financial income | 75/76B | €71 | €3,448 | +€3,378 | +4,781% |
| Recurring financial income | 75 | €71 | €3,448 | +€3,378 | +4,781% |
| Financial charges | 65/66B | €111 | €42 | -€69 | -62.1% |
| Recurring financial charges | 65 | €111 | €42 | -€69 | -62.0% |
| Non-recurring financial charges | 66B | €0 | - | -€0 | |
| Profit (loss) for the period before taxes | 9903 | -€7,424 | €558 | +€7,982 | |
| Income taxes | 67/77 | €192 | €238 | +€46 | +23.7% |
| Profit (loss) for the period | 9904 | -€7,616 | €320 | +€7,936 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,616 | €320 | +€7,936 |
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.