Vu.L'agence: 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.
Vu.L'agence
Largest movements
- Receivables within one year +€20,283
up €20,283 (+400%), from €5,070 to €25,353
of which Trade receivables: +€17,175
- Cash +€10,127
up €10,127 (+73.0%), from €13,879 to €24,006
mainly Tax, wage and social debts (+€17,812) and Net result for the year (+€12,867)
- Tangible fixed assets +€2,802
up €2,802 (+525%), from €534 to €3,336
- Deferred charges and accrued income +€2,620
up €2,620 (+816%), from €321 to €2,941
- Tax, wage and social debts +€17,812
up €17,812 (+211%), from €8,434 to €26,246
of which Taxes: +€8,978
- Reserves +€14,954
new in 2025: €14,954
- Profit (loss) carried forward -€3,087
no longer reported in 2025 (was €3,087)
- Trade debts +€3,005
up €3,005 (+120%), from €2,511 to €5,516
- Advances received +€2,990
new in 2025: €2,990
- Gross operating margin +€41,483
up €41,483 (+155%), from €26,772 to €68,255
- Staff costs +€28,015
up €28,015 (+130%), from €21,632 to €49,647
- Taxes +€3,192
up €3,192 (+316%), from €1,011 to €4,203
- Financial charges +€1,219
up €1,219 (+3,483%), from €35 to €1,254
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 | €20,032 | €55,864 | +€35,832 | +179% |
| Fixed assets | 21/28 | €762 | €3,564 | +€2,802 | +368% |
| Tangible fixed assets | 22/27 | €534 | €3,336 | +€2,802 | +525% |
| Furniture and vehicles | 24 | €534 | €3,336 | +€2,802 | +525% |
| Financial fixed assets | 28 | €228 | €228 | = | 0.0% |
| Current assets | 29/58 | €19,270 | €52,300 | +€33,030 | +171% |
| Amounts receivable within one year | 40/41 | €5,070 | €25,353 | +€20,283 | +400% |
| Trade receivables | 40 | €4,381 | €21,556 | +€17,175 | +392% |
| Other amounts receivable | 41 | €689 | €3,797 | +€3,108 | +451% |
| Cash at bank and in hand | 54/58 | €13,879 | €24,006 | +€10,127 | +73.0% |
| Deferred charges and accrued income | 490/1 | €321 | €2,941 | +€2,620 | +816% |
| Total equity and liabilities | 10/49 | €20,032 | €55,864 | +€35,832 | +179% |
| Equity | 10/15 | €8,087 | €19,954 | +€11,867 | +147% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €14,954 | +€14,954 | |
| Distributable reserves | 133 | - | €14,954 | +€14,954 | |
| Profit (loss) carried forward | 14 | €3,087 | - | -€3,087 | |
| Amounts payable | 17/49 | €11,945 | €35,910 | +€23,965 | +201% |
| Amounts payable within one year | 42/48 | €11,945 | €35,752 | +€23,807 | +199% |
| Trade debts | 44 | €2,511 | €5,516 | +€3,005 | +120% |
| Suppliers | 440/4 | €2,511 | €5,516 | +€3,005 | +120% |
| Advances received on contracts in progress | 46 | - | €2,990 | +€2,990 | |
| Taxes, remuneration and social security | 45 | €8,434 | €26,246 | +€17,812 | +211% |
| Taxes | 450/3 | €2,812 | €11,790 | +€8,978 | +319% |
| Remuneration and social security | 454/9 | €5,622 | €14,456 | +€8,834 | +157% |
| Other amounts payable | 47/48 | €1,000 | €1,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €158 | +€158 | |
| Remuneration, social security and pensions | 62 | €21,632 | €49,647 | +€28,015 | +130% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7 | €195 | +€188 | +2,686% |
| Other operating charges | 640/8 | - | €121 | +€121 | |
| Gross operating margin | 9900 | €26,772 | €68,255 | +€41,483 | +155% |
| Operating profit (loss) | 9901 | €5,133 | €18,292 | +€13,159 | +256% |
| Financial income | 75/76B | - | €32 | +€32 | |
| Recurring financial income | 75 | - | €32 | +€32 | |
| Financial charges | 65/66B | €35 | €1,254 | +€1,219 | +3,483% |
| Recurring financial charges | 65 | €35 | €1,254 | +€1,219 | +3,483% |
| Profit (loss) for the period before taxes | 9903 | €5,098 | €17,070 | +€11,972 | +235% |
| Income taxes | 67/77 | €1,011 | €4,203 | +€3,192 | +316% |
| Profit (loss) for the period | 9904 | €4,087 | €12,867 | +€8,780 | +215% |
| Profit (loss) for the period to be appropriated | 9905 | €4,087 | €12,867 | +€8,780 | +215% |
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 19 October 2026 via checked.be.