VUUR: 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.
VUUR
Largest movements
- Intangible fixed assets +€24,462
new in 2025: €24,462
- Receivables within one year +€4,660
up €4,660 (+64.7%), from €7,206 to €11,866
of which Other amounts receivable: +€3,076
- Tangible fixed assets -€3,778
down €3,778 (-6.1%), from €61,882 to €58,104
of which Plant, machinery and equipment: -€6,556
- Financial fixed assets +€2,276
new in 2025: €2,276
- Cash +€1,480
up €1,480 (+3.3%), from €45,301 to €46,780
mainly Net result for the year (+€20,631) and Current portion of long-term debt (+€16,250)
- Profit (loss) carried forward +€19,317
new in 2025: €19,317
- Current portion of long-term debt +€16,250
up €16,250 (+325%), from €5,000 to €21,250
- Debts after one year -€5,000
down €5,000 (-42.9%), from €11,667 to €6,667
- Tax, wage and social debts -€2,548
down €2,548 (-82.5%), from €3,088 to €540
- Gross operating margin +€11,163
up €11,163 (+51.9%), from €21,488 to €32,651
- Financial income +€1,752
up €1,752 (+278,087%), from €1 to €1,753
- Taxes +€925
up €925 (+22.7%), from €4,075 to €5,000
- Other operating charges +€486
up €486 (+56.2%), from €864 to €1,349
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 | €114,514 | €143,827 | +€29,314 | +25.6% |
| Fixed assets | 21/28 | €61,882 | €84,842 | +€22,960 | +37.1% |
| Intangible fixed assets | 21 | - | €24,462 | +€24,462 | |
| Tangible fixed assets | 22/27 | €61,882 | €58,104 | -€3,778 | -6.1% |
| Land and buildings | 22 | €52,778 | €49,887 | -€2,891 | -5.5% |
| Plant, machinery and equipment | 23 | €7,235 | €679 | -€6,556 | -90.6% |
| Furniture and vehicles | 24 | €1,869 | €7,538 | +€5,669 | +303% |
| Financial fixed assets | 28 | - | €2,276 | +€2,276 | |
| Current assets | 29/58 | €52,631 | €58,985 | +€6,354 | +12.1% |
| Amounts receivable within one year | 40/41 | €7,206 | €11,866 | +€4,660 | +64.7% |
| Trade receivables | 40 | €6,229 | €7,813 | +€1,584 | +25.4% |
| Other amounts receivable | 41 | €977 | €4,053 | +€3,076 | +315% |
| Cash at bank and in hand | 54/58 | €45,301 | €46,780 | +€1,480 | +3.3% |
| Deferred charges and accrued income | 490/1 | €125 | €339 | +€214 | +171% |
| Total equity and liabilities | 10/49 | €114,514 | €143,827 | +€29,314 | +25.6% |
| Equity | 10/15 | €80,698 | €100,015 | +€19,317 | +23.9% |
| Contributions | 10/11 | €6,400 | €6,400 | = | 0.0% |
| Reserves | 13 | €74,298 | €74,298 | = | 0.0% |
| Distributable reserves | 133 | €74,298 | €74,298 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €19,317 | +€19,317 | |
| Amounts payable | 17/49 | €33,816 | €43,812 | +€9,996 | +29.6% |
| Amounts payable after more than one year | 17 | €11,667 | €6,667 | -€5,000 | -42.9% |
| Financial debts | 170/4 | €11,667 | €6,667 | -€5,000 | -42.9% |
| Amounts payable within one year | 42/48 | €22,149 | €37,146 | +€14,996 | +67.7% |
| Current portion of amounts payable after more than one year | 42 | €5,000 | €21,250 | +€16,250 | +325% |
| Trade debts | 44 | €838 | €1,737 | +€899 | +107% |
| Suppliers | 440/4 | €838 | €1,737 | +€899 | +107% |
| Taxes, remuneration and social security | 45 | €3,088 | €540 | -€2,548 | -82.5% |
| Taxes | 450/3 | €3,088 | €540 | -€2,548 | -82.5% |
| Other amounts payable | 47/48 | €13,223 | €13,619 | +€395 | +3.0% |
| Non-recurring operating income | 76A | - | €582 | +€582 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,620 | €5,638 | +€18 | +0.3% |
| Other operating charges | 640/8 | €864 | €1,349 | +€486 | +56.2% |
| Gross operating margin | 9900 | €21,488 | €32,651 | +€11,163 | +51.9% |
| Operating profit (loss) | 9901 | €15,005 | €25,664 | +€10,659 | +71.0% |
| Financial income | 75/76B | €1 | €1,753 | +€1,752 | +278,087% |
| Recurring financial income | 75 | €1 | €1,753 | +€1,752 | +278,087% |
| Financial charges | 65/66B | €1,980 | €1,786 | -€195 | -9.8% |
| Recurring financial charges | 65 | €1,980 | €1,786 | -€195 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €13,025 | €25,631 | +€12,605 | +96.8% |
| Income taxes | 67/77 | €4,075 | €5,000 | +€925 | +22.7% |
| Profit (loss) for the period | 9904 | €8,950 | €20,631 | +€11,680 | +131% |
| Transfer to tax-exempt reserves | 689 | - | €1,313 | +€1,313 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,950 | €19,317 | +€10,367 | +116% |
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 14 October 2026 via checked.be.