VSI INTERNATIONAL: what changed
What changed
VSI INTERNATIONAL
NACE 64.910, Financial service activities, except insurance and pension funding
filed annual accounts (NBB)
Net result for the year
-€33,964
2023 · -€41,058+€7,094
Equity
-€927,794
2023 · -€893,830-€33,964
Cash
€20,920
2023 · €13,281+€7,639
Balance sheet total
€22,805
2023 · €14,808+€7,997
Largest movements
Assets
- Cash +€7,639
up €7,639 (+57.5%), from €13,281 to €20,920
mainly Trade debts (+€90,586)
- Receivables within one year +€358
up €358 (+23.4%), from €1,527 to €1,885
Equity and liabilities
- Trade debts +€90,586
up €90,586 (+11.6%), from €781,351 to €871,937
- Profit (loss) carried forward -€33,964
down €33,964 (-1.8%), from -€1.9m to -€1.9m
- Provisions -€26,205
down €26,205 (-28.8%), from €91,137 to €64,932
- Accrued charges and deferred income -€22,420
down €22,420 (-62.0%), from €36,150 to €13,730
Income statement
- Provisions -€7,035
down €7,035 (-36.7%), from -€19,170 to -€26,205
- Staff costs +€387
new in 2024: €387
- Other operating charges -€353
down €353 (-61.1%), from €578 to €225
- Services and other goods -€353
down €353 (-0.6%), from €58,543 to €58,190
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
-€41,058
Staff costs
-€387
Provisions
+€7,035
Other operating charges
+€353
Other operating items
+€353
Financial charges
-€134
Taxes
-€126
Result 2024
-€33,964
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€7,639
Investment
€0
Financing
€0
Cash 2023
€13,281
From operations (derived)
+€7,639
Net result for the year
-€33,964
Receivables within one year
-€358
Provisions
-€26,205
Trade debts
+€90,586
Accrued charges and deferred income
-€22,420
Cash 2024
€20,920
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,808 | €22,805 | +€7,997 | +54.0% |
| Current assets | 29/58 | €14,808 | €22,805 | +€7,997 | +54.0% |
| Amounts receivable within one year | 40/41 | €1,527 | €1,885 | +€358 | +23.4% |
| Other amounts receivable | 41 | €1,527 | €1,885 | +€358 | +23.4% |
| Cash at bank and in hand | 54/58 | €13,281 | €20,920 | +€7,639 | +57.5% |
| Total equity and liabilities | 10/49 | €14,808 | €22,805 | +€7,997 | +54.0% |
| Equity | 10/15 | -€893,830 | -€927,794 | -€33,964 | -3.8% |
| Contributions | 10/11 | €887,540 | €887,540 | = | 0.0% |
| Capital | 10 | €887,540 | €887,540 | = | 0.0% |
| Issued capital | 100 | €887,540 | €887,540 | = | 0.0% |
| Reserves | 13 | €102,821 | €102,821 | = | 0.0% |
| Non-distributable reserves | 130/1 | €99,539 | €99,539 | = | 0.0% |
| Legal reserve | 130 | €88,754 | €88,754 | = | 0.0% |
| Other | 1319 | €10,785 | €10,785 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,282 | €3,282 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,884,191 | -€1,918,155 | -€33,964 | -1.8% |
| Provisions and deferred taxes | 16 | €91,137 | €64,932 | -€26,205 | -28.8% |
| Provisions for liabilities and charges | 160/5 | €91,137 | €64,932 | -€26,205 | -28.8% |
| Environmental obligations | 163 | €91,137 | €64,932 | -€26,205 | -28.8% |
| Amounts payable | 17/49 | €817,501 | €885,667 | +€68,166 | +8.3% |
| Amounts payable within one year | 42/48 | €781,351 | €871,937 | +€90,586 | +11.6% |
| Trade debts | 44 | €781,351 | €871,937 | +€90,586 | +11.6% |
| Suppliers | 440/4 | €781,351 | €871,937 | +€90,586 | +11.6% |
| Accrued charges and deferred income | 492/3 | €36,150 | €13,730 | -€22,420 | -62.0% |
| Operating charges | 60/66A | €39,951 | €32,598 | -€7,354 | -18.4% |
| Services and other goods | 61 | €58,543 | €58,190 | -€353 | -0.6% |
| Remuneration, social security and pensions | 62 | - | €387 | +€387 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€19,170 | -€26,205 | -€7,035 | -36.7% |
| Other operating charges | 640/8 | €578 | €225 | -€353 | -61.1% |
| Operating profit (loss) | 9901 | -€39,951 | -€32,598 | +€7,354 | +18.4% |
| Financial charges | 65/66B | €1,233 | €1,367 | +€134 | +10.8% |
| Recurring financial charges | 65 | €1,233 | €1,367 | +€134 | +10.8% |
| Other financial charges | 652/9 | €1,233 | €1,367 | +€134 | +10.8% |
| Profit (loss) for the period before taxes | 9903 | -€41,184 | -€33,964 | +€7,220 | +17.5% |
| Income taxes | 67/77 | -€126 | - | +€126 | |
| Tax adjustments and reversals of tax provisions | 77 | €126 | - | -€126 | |
| Profit (loss) for the period | 9904 | -€41,058 | -€33,964 | +€7,094 | +17.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,058 | -€33,964 | +€7,094 | +17.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.