VTENNIS: 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.
VTENNIS
Largest movements
- Stocks and contracts +€1,918
up €1,918 (+18.6%), from €10,336 to €12,254
- Receivables within one year +€1,818
up €1,818 (+42.3%), from €4,293 to €6,111
of which Trade receivables: +€4,139
- Cash -€831
down €831 (-99.4%), from €836 to €5
mainly Stocks and contracts (-€1,918) and Receivables within one year (-€1,818)
- Profit (loss) carried forward +€1,593
up €1,593, from -€527 to €1,066
- Other debts +€1,054
new in 2025: €1,054
- Tax, wage and social debts +€698
up €698 (+55.8%), from €1,250 to €1,948
- Trade debts -€554
down €554 (-23.5%), from €2,354 to €1,800
- Gross operating margin +€906
up €906 (+43.8%), from €2,068 to €2,974
- Taxes +€469
new in 2025: €469
- Other operating charges +€397
up €397 (+102%), from €387 to €784
- Financial charges -€335
down €335 (-72.4%), from €463 to €128
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 | €15,465 | €18,370 | +€2,906 | +18.8% |
| Current assets | 29/58 | €15,465 | €18,370 | +€2,906 | +18.8% |
| Stocks and contracts in progress | 3 | €10,336 | €12,254 | +€1,918 | +18.6% |
| Stocks | 30/36 | €10,336 | €12,254 | +€1,918 | +18.6% |
| Amounts receivable within one year | 40/41 | €4,293 | €6,111 | +€1,818 | +42.3% |
| Trade receivables | 40 | €1,973 | €6,111 | +€4,139 | +210% |
| Other amounts receivable | 41 | €2,321 | - | -€2,321 | |
| Cash at bank and in hand | 54/58 | €836 | €5 | -€831 | -99.4% |
| Total equity and liabilities | 10/49 | €15,465 | €18,370 | +€2,906 | +18.8% |
| Equity | 10/15 | €11,473 | €13,066 | +€1,593 | +13.9% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€527 | €1,066 | +€1,593 | |
| Amounts payable | 17/49 | €3,991 | €5,304 | +€1,313 | +32.9% |
| Amounts payable within one year | 42/48 | €3,604 | €4,905 | +€1,301 | +36.1% |
| Financial debts | 43 | - | €102 | +€102 | |
| Credit institutions | 430/8 | - | €102 | +€102 | |
| Trade debts | 44 | €2,354 | €1,800 | -€554 | -23.5% |
| Suppliers | 440/4 | €2,354 | €1,800 | -€554 | -23.5% |
| Taxes, remuneration and social security | 45 | €1,250 | €1,948 | +€698 | +55.8% |
| Taxes | 450/3 | €1,250 | €1,948 | +€698 | +55.8% |
| Other amounts payable | 47/48 | - | €1,054 | +€1,054 | |
| Accrued charges and deferred income | 492/3 | €387 | €400 | +€12 | +3.2% |
| Other operating charges | 640/8 | €387 | €784 | +€397 | +102% |
| Gross operating margin | 9900 | €2,068 | €2,974 | +€906 | +43.8% |
| Operating profit (loss) | 9901 | €1,681 | €2,190 | +€509 | +30.3% |
| Financial income | 75/76B | €21 | - | -€21 | |
| Recurring financial income | 75 | €21 | - | -€21 | |
| Financial charges | 65/66B | €463 | €128 | -€335 | -72.4% |
| Recurring financial charges | 65 | €463 | €128 | -€335 | -72.4% |
| Profit (loss) for the period before taxes | 9903 | €1,239 | €2,062 | +€823 | +66.4% |
| Income taxes | 67/77 | - | €469 | +€469 | |
| Profit (loss) for the period | 9904 | €1,239 | €1,593 | +€354 | +28.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,239 | €1,593 | +€354 | +28.6% |
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 16 October 2026 via checked.be.