VT-Pumps: 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.
VT-Pumps
Largest movements
- Receivables within one year +€46,931
up €46,931 (+22.1%), from €212,408 to €259,338
of which Other amounts receivable: +€47,112
- Tangible fixed assets -€13,288
down €13,288 (-6.7%), from €199,566 to €186,278
of which Land and buildings: -€12,872
- Cash +€9,775
up €9,775 (+3367.6%), from €290 to €10,065
mainly Net result for the year (+€53,208) and Depreciation (+€17,757)
- Profit (loss) carried forward +€53,208
up €53,208 (+34.7%), from €153,418 to €206,626
- Debts after one year -€15,986
down €15,986 (-12.6%), from €126,918 to €110,932
of which Financial debts: -€16,086
- Trade debts +€6,403
up €6,403 (+16.4%), from €39,078 to €45,482
- Gross operating margin +€6,980
up €6,980 (+8.3%), from €84,110 to €91,090
- Financial charges -€6,447
down €6,447 (-40.3%), from €15,996 to €9,549
- Taxes +€4,753
up €4,753 (+26.7%), from €17,788 to €22,542
- Financial income +€1,917
up €1,917 (+16.4%), from €11,706 to €13,623
- Depreciation -€1,848
down €1,848 (-9.4%), from €19,606 to €17,757
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 | €485,445 | €529,977 | +€44,533 | +9.2% |
| Fixed assets | 21/28 | €202,601 | €189,313 | -€13,288 | -6.6% |
| Tangible fixed assets | 22/27 | €199,566 | €186,278 | -€13,288 | -6.7% |
| Land and buildings | 22 | €172,907 | €160,035 | -€12,872 | -7.4% |
| Plant, machinery and equipment | 23 | €8,445 | €7,464 | -€981 | -11.6% |
| Furniture and vehicles | 24 | €3,935 | €4,499 | +€564 | +14.3% |
| Other tangible fixed assets | 26 | €14,279 | €14,279 | = | 0.0% |
| Financial fixed assets | 28 | €3,035 | €3,035 | = | 0.0% |
| Current assets | 29/58 | €282,843 | €340,665 | +€57,821 | +20.4% |
| Amounts receivable after more than one year | 29 | €68,113 | €68,113 | = | 0.0% |
| Other amounts receivable | 291 | €68,113 | €68,113 | = | 0.0% |
| Stocks and contracts in progress | 3 | €1,255 | €1,255 | = | 0.0% |
| Stocks | 30/36 | €1,255 | €1,255 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €212,408 | €259,338 | +€46,931 | +22.1% |
| Trade receivables | 40 | €37,846 | €37,665 | -€181 | -0.5% |
| Other amounts receivable | 41 | €174,561 | €221,674 | +€47,112 | +27.0% |
| Cash at bank and in hand | 54/58 | €290 | €10,065 | +€9,775 | +3367.6% |
| Deferred charges and accrued income | 490/1 | €778 | €1,893 | +€1,115 | +143.4% |
| Total equity and liabilities | 10/49 | €485,445 | €529,977 | +€44,533 | +9.2% |
| Equity | 10/15 | €180,918 | €234,126 | +€53,208 | +29.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,500 | €2,500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €153,418 | €206,626 | +€53,208 | +34.7% |
| Amounts payable | 17/49 | €304,527 | €295,852 | -€8,676 | -2.8% |
| Amounts payable after more than one year | 17 | €126,918 | €110,932 | -€15,986 | -12.6% |
| Financial debts | 170/4 | €126,918 | €110,832 | -€16,086 | -12.7% |
| Other amounts payable | 178/9 | - | €100 | +€100 | |
| Amounts payable within one year | 42/48 | €177,609 | €184,645 | +€7,035 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | €92,019 | €90,771 | -€1,248 | -1.4% |
| Trade debts | 44 | €39,078 | €45,482 | +€6,403 | +16.4% |
| Suppliers | 440/4 | €39,078 | €45,482 | +€6,403 | +16.4% |
| Taxes, remuneration and social security | 45 | €46,512 | €48,392 | +€1,880 | +4.0% |
| Taxes | 450/3 | €46,512 | €48,392 | +€1,880 | +4.0% |
| Accrued charges and deferred income | 492/3 | - | €275 | +€275 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,606 | €17,757 | -€1,848 | -9.4% |
| Other operating charges | 640/8 | €1,072 | €1,657 | +€584 | +54.5% |
| Gross operating margin | 9900 | €84,110 | €91,090 | +€6,980 | +8.3% |
| Operating profit (loss) | 9901 | €63,432 | €71,676 | +€8,244 | +13.0% |
| Financial income | 75/76B | €11,706 | €13,623 | +€1,917 | +16.4% |
| Recurring financial income | 75 | €11,706 | €13,623 | +€1,917 | +16.4% |
| Financial charges | 65/66B | €15,996 | €9,549 | -€6,447 | -40.3% |
| Recurring financial charges | 65 | €15,996 | €9,549 | -€6,447 | -40.3% |
| Profit (loss) for the period before taxes | 9903 | €59,142 | €75,750 | +€16,608 | +28.1% |
| Income taxes | 67/77 | €17,788 | €22,542 | +€4,753 | +26.7% |
| Profit (loss) for the period | 9904 | €41,354 | €53,208 | +€11,854 | +28.7% |
| Profit (loss) for the period to be appropriated | 9905 | €41,354 | €53,208 | +€11,854 | +28.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.