VTV TECHNIQUE: 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.
VTV TECHNIQUE
Largest movements
- Receivables within one year -€742
no longer reported in 2024 (was €742)
- Cash +€615
up €615 (+14,998%), from €4 to €619
mainly Receivables within one year (+€742) and Investment in fixed assets (net) (+€0)
- Profit (loss) carried forward -€127
down €127 (-3.1%), from -€4,133 to -€4,260
- Other operating charges -€384
no longer reported in 2024 (was €384)
- Depreciation -€278
no longer reported in 2024 (was €278)
- Gross operating margin +€242
no longer reported in 2024 (was -€242)
- Financial charges +€127
up €127 (+84,567%), from €0 to €127
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,067 | €939 | -€128 | -12.0% |
| Formation expenses | 20 | €320 | €320 | -€0 | -0.1% |
| Current assets | 29/58 | €746 | €619 | -€127 | -17.1% |
| Amounts receivable within one year | 40/41 | €742 | - | -€742 | |
| Other amounts receivable | 41 | €742 | - | -€742 | |
| Cash at bank and in hand | 54/58 | €4 | €619 | +€615 | +14,998% |
| Total equity and liabilities | 10/49 | €1,067 | €939 | -€128 | -12.0% |
| Equity | 10/15 | -€1,133 | -€1,260 | -€127 | -11.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,133 | -€4,260 | -€127 | -3.1% |
| Amounts payable | 17/49 | €2,199 | €2,199 | -€0 | 0.0% |
| Amounts payable within one year | 42/48 | €2,199 | €2,199 | -€0 | 0.0% |
| Trade debts | 44 | €384 | €384 | -€0 | -0.1% |
| Suppliers | 440/4 | €384 | €384 | -€0 | -0.1% |
| Other amounts payable | 47/48 | €1,815 | €1,815 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €278 | - | -€278 | |
| Other operating charges | 640/8 | €384 | - | -€384 | |
| Gross operating margin | 9900 | -€242 | - | +€242 | |
| Operating profit (loss) | 9901 | -€905 | - | +€905 | |
| Financial charges | 65/66B | €0 | €127 | +€127 | +84,567% |
| Recurring financial charges | 65 | €0 | €127 | +€127 | +84,567% |
| Profit (loss) for the period before taxes | 9903 | -€905 | -€127 | +€778 | +86.0% |
| Profit (loss) for the period | 9904 | -€905 | -€127 | +€778 | +86.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€905 | -€127 | +€778 | +86.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.