VUBO: 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.
VUBO
Largest movements
- Receivables within one year +€18,150
new in 2024: €18,150
- Financial fixed assets -€14,874
down €14,874 (-33.3%), from €44,621 to €29,747
- Cash +€1,143
up €1,143 (+9.4%), from €12,179 to €13,322
mainly Investment in fixed assets (net) (+€14,874) and Net result for the year (+€12,403)
- Profit (loss) carried forward +€12,403
up €12,403 (+22.0%), from -€56,421 to -€44,018
- Other debts -€11,521
down €11,521 (-85.3%), from €13,499 to €1,978
- Tax, wage and social debts +€3,150
up €3,150 (+75.0%), from €4,200 to €7,350
- Staff costs -€14,874
no longer reported in 2024 (was €14,874)
- Gross operating margin +€813
up €813 (+6.5%), from €12,564 to €13,377
- Other operating charges +€302
up €302 (+48.6%), from €621 to €923
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 | €56,800 | €61,219 | +€4,419 | +7.8% |
| Fixed assets | 21/28 | €44,621 | €29,747 | -€14,874 | -33.3% |
| Financial fixed assets | 28 | €44,621 | €29,747 | -€14,874 | -33.3% |
| Current assets | 29/58 | €12,179 | €31,472 | +€19,293 | +158% |
| Amounts receivable within one year | 40/41 | - | €18,150 | +€18,150 | |
| Other amounts receivable | 41 | - | €18,150 | +€18,150 | |
| Cash at bank and in hand | 54/58 | €12,179 | €13,322 | +€1,143 | +9.4% |
| Total equity and liabilities | 10/49 | €56,800 | €61,219 | +€4,419 | +7.8% |
| Equity | 10/15 | €38,753 | €51,156 | +€12,403 | +32.0% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €20,806 | €20,806 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,718 | €5,718 | = | 0.0% |
| Legal reserve | 130 | €5,718 | €5,718 | = | 0.0% |
| Distributable reserves | 133 | €15,088 | €15,088 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€56,421 | -€44,018 | +€12,403 | +22.0% |
| Amounts payable | 17/49 | €18,047 | €10,063 | -€7,984 | -44.2% |
| Amounts payable within one year | 42/48 | €18,047 | €10,063 | -€7,984 | -44.2% |
| Trade debts | 44 | €348 | €735 | +€387 | +111% |
| Suppliers | 440/4 | €348 | €735 | +€387 | +111% |
| Taxes, remuneration and social security | 45 | €4,200 | €7,350 | +€3,150 | +75.0% |
| Taxes | 450/3 | €4,200 | €7,350 | +€3,150 | +75.0% |
| Other amounts payable | 47/48 | €13,499 | €1,978 | -€11,521 | -85.3% |
| Remuneration, social security and pensions | 62 | €14,874 | - | -€14,874 | |
| Other operating charges | 640/8 | €621 | €923 | +€302 | +48.6% |
| Gross operating margin | 9900 | €12,564 | €13,377 | +€813 | +6.5% |
| Operating profit (loss) | 9901 | -€2,931 | €12,454 | +€15,385 | |
| Financial charges | 65/66B | €48 | €51 | +€3 | +6.3% |
| Recurring financial charges | 65 | €48 | €51 | +€3 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,979 | €12,403 | +€15,382 | |
| Profit (loss) for the period | 9904 | -€2,979 | €12,403 | +€15,382 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,979 | €12,403 | +€15,382 |
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 17 October 2026 via checked.be.