VS DC: what changed
Two fiscal 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.
VS DC
Largest movements
- Cash -€17,247
down €17,247 (-70.7%), from €24,394 to €7,147
mainly Receivables within one year (-€16,875) and Other debts (-€15,933)
- Receivables within one year +€16,875
up €16,875 (+207.4%), from €8,137 to €25,012
of which Other amounts receivable: +€9,957
- Tangible fixed assets +€14,274
new in 2025: €14,274
of which Other tangible fixed assets: +€9,179
- Deferred charges and accrued income +€1,848
new in 2025: €1,848
- Financial fixed assets +€600
new in 2025: €600
- Profit (loss) carried forward +€19,072
up €19,072 (+7122.7%), from €268 to €19,340
- Other debts -€15,933
no longer reported in 2025 (was €15,933)
- Trade debts +€6,889
up €6,889 (+1163.8%), from €592 to €7,481
- Tax, wage and social debts +€6,306
up €6,306 (+46.7%), from €13,517 to €19,822
of which Remuneration and social security: +€5,256
- Gross operating margin +€65,275
up €65,275 (+413.7%), from €15,780 to €81,055
- Staff costs +€49,788
new in 2025: €49,788
- Taxes +€3,786
up €3,786 (+122.1%), from €3,100 to €6,886
- Financial charges +€2,332
up €2,332 (+9326.2%), from €25 to €2,357
- Other operating charges +€1,903
up €1,903 (+491.2%), from €387 to €2,290
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 | €32,531 | €48,881 | +€16,350 | +50.3% |
| Fixed assets | 21/28 | - | €14,874 | +€14,874 | |
| Tangible fixed assets | 22/27 | - | €14,274 | +€14,274 | |
| Furniture and vehicles | 24 | - | €5,095 | +€5,095 | |
| Other tangible fixed assets | 26 | - | €9,179 | +€9,179 | |
| Financial fixed assets | 28 | - | €600 | +€600 | |
| Current assets | 29/58 | €32,531 | €34,007 | +€1,476 | +4.5% |
| Amounts receivable within one year | 40/41 | €8,137 | €25,012 | +€16,875 | +207.4% |
| Trade receivables | 40 | €8,137 | €15,055 | +€6,918 | +85.0% |
| Other amounts receivable | 41 | - | €9,957 | +€9,957 | |
| Cash at bank and in hand | 54/58 | €24,394 | €7,147 | -€17,247 | -70.7% |
| Deferred charges and accrued income | 490/1 | - | €1,848 | +€1,848 | |
| Total equity and liabilities | 10/49 | €32,531 | €48,881 | +€16,350 | +50.3% |
| Equity | 10/15 | €2,490 | €21,562 | +€19,072 | +766.0% |
| Contributions | 10/11 | €2,222 | €2,222 | = | 0.0% |
| Profit (loss) carried forward | 14 | €268 | €19,340 | +€19,072 | +7122.7% |
| Amounts payable | 17/49 | €30,041 | €27,320 | -€2,722 | -9.1% |
| Amounts payable within one year | 42/48 | €30,041 | €27,303 | -€2,738 | -9.1% |
| Trade debts | 44 | €592 | €7,481 | +€6,889 | +1163.8% |
| Suppliers | 440/4 | €592 | €7,481 | +€6,889 | +1163.8% |
| Taxes, remuneration and social security | 45 | €13,517 | €19,822 | +€6,306 | +46.7% |
| Taxes | 450/3 | €13,517 | €14,566 | +€1,049 | +7.8% |
| Remuneration and social security | 454/9 | - | €5,256 | +€5,256 | |
| Other amounts payable | 47/48 | €15,933 | - | -€15,933 | |
| Accrued charges and deferred income | 492/3 | - | €16 | +€16 | |
| Remuneration, social security and pensions | 62 | - | €49,788 | +€49,788 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €771 | +€771 | |
| Other operating charges | 640/8 | €387 | €2,290 | +€1,903 | +491.2% |
| Gross operating margin | 9900 | €15,780 | €81,055 | +€65,275 | +413.7% |
| Operating profit (loss) | 9901 | €15,393 | €28,206 | +€12,814 | +83.2% |
| Financial income | 75/76B | - | €108 | +€108 | |
| Recurring financial income | 75 | - | €108 | +€108 | |
| Financial charges | 65/66B | €25 | €2,357 | +€2,332 | +9326.2% |
| Recurring financial charges | 65 | €25 | €2,357 | +€2,332 | +9326.2% |
| Profit (loss) for the period before taxes | 9903 | €15,368 | €25,958 | +€10,590 | +68.9% |
| Income taxes | 67/77 | €3,100 | €6,886 | +€3,786 | +122.1% |
| Profit (loss) for the period | 9904 | €12,268 | €19,072 | +€6,804 | +55.5% |
| Profit (loss) for the period to be appropriated | 9905 | €12,268 | €19,072 | +€6,804 | +55.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.