VV FINANCES: 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.
VV FINANCES
Largest movements
- Cash +€16,280
up €16,280 (+29.7%), from €54,741 to €71,021
mainly Net result for the year (+€24,753) and Trade debts (+€16,362)
- Tangible fixed assets -€16,009
down €16,009 (-28.1%), from €56,949 to €40,940
- Receivables within one year -€6,713
down €6,713 (-13.1%), from €51,346 to €44,633
- Deferred charges and accrued income +€2,825
up €2,825 (+6,278%), from €45 to €2,870
- Tax, wage and social debts -€20,361
down €20,361 (-27.3%), from €74,496 to €54,136
of which Taxes: -€14,599
- Trade debts +€16,362
up €16,362 (+148%), from €11,074 to €27,437
- Staff costs +€37,762
up €37,762 (+31.8%), from €118,887 to €156,648
- Gross operating margin +€36,417
up €36,417 (+21.1%), from €172,915 to €209,332
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 | €163,080 | €159,464 | -€3,617 | -2.2% |
| Fixed assets | 21/28 | €56,949 | €40,940 | -€16,009 | -28.1% |
| Tangible fixed assets | 22/27 | €56,949 | €40,940 | -€16,009 | -28.1% |
| Furniture and vehicles | 24 | €56,949 | €40,940 | -€16,009 | -28.1% |
| Current assets | 29/58 | €106,132 | €118,524 | +€12,392 | +11.7% |
| Amounts receivable within one year | 40/41 | €51,346 | €44,633 | -€6,713 | -13.1% |
| Trade receivables | 40 | €51,346 | €44,633 | -€6,713 | -13.1% |
| Cash at bank and in hand | 54/58 | €54,741 | €71,021 | +€16,280 | +29.7% |
| Deferred charges and accrued income | 490/1 | €45 | €2,870 | +€2,825 | +6,278% |
| Total equity and liabilities | 10/49 | €163,080 | €159,464 | -€3,617 | -2.2% |
| Equity | 10/15 | €52,373 | €52,373 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €33,773 | €33,773 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €31,913 | €31,913 | = | 0.0% |
| Amounts payable | 17/49 | €110,707 | €107,090 | -€3,617 | -3.3% |
| Amounts payable within one year | 42/48 | €110,707 | €107,090 | -€3,617 | -3.3% |
| Trade debts | 44 | €11,074 | €27,437 | +€16,362 | +148% |
| Suppliers | 440/4 | €11,074 | €27,437 | +€16,362 | +148% |
| Taxes, remuneration and social security | 45 | €74,496 | €54,136 | -€20,361 | -27.3% |
| Taxes | 450/3 | €25,349 | €10,751 | -€14,599 | -57.6% |
| Remuneration and social security | 454/9 | €49,147 | €43,385 | -€5,762 | -11.7% |
| Other amounts payable | 47/48 | €25,137 | €25,518 | +€381 | +1.5% |
| Remuneration, social security and pensions | 62 | €118,887 | €156,648 | +€37,762 | +31.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,773 | €16,009 | +€236 | +1.5% |
| Other operating charges | 640/8 | €3,184 | €1,185 | -€1,999 | -62.8% |
| Gross operating margin | 9900 | €172,915 | €209,332 | +€36,417 | +21.1% |
| Operating profit (loss) | 9901 | €35,071 | €35,490 | +€418 | +1.2% |
| Financial income | 75/76B | €53 | €167 | +€114 | +215% |
| Recurring financial income | 75 | €53 | €167 | +€114 | +215% |
| Financial charges | 65/66B | €347 | €153 | -€194 | -55.8% |
| Recurring financial charges | 65 | €347 | €153 | -€194 | -55.8% |
| Profit (loss) for the period before taxes | 9903 | €34,777 | €35,504 | +€726 | +2.1% |
| Income taxes | 67/77 | €10,406 | €10,751 | +€345 | +3.3% |
| Profit (loss) for the period | 9904 | €24,371 | €24,753 | +€381 | +1.6% |
| Profit (loss) for the period to be appropriated | 9905 | €24,371 | €24,753 | +€381 | +1.6% |
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 14 October 2026 via checked.be.