VV KLINKERS: 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 KLINKERS
Largest movements
- Cash +€55,679
up €55,679 (+37.9%), from €146,871 to €202,550
mainly Net result for the year (+€115,762) and Depreciation (+€35,764)
- Receivables within one year -€29,218
down €29,218 (-59.5%), from €49,078 to €19,860
of which Trade receivables: -€33,527
- Tangible fixed assets -€13,355
down €13,355 (-2.9%), from €467,412 to €454,057
of which Land and buildings: -€14,264
- Reserves +€100,114
up €100,114 (+33.1%), from €302,083 to €402,198
- Trade debts -€34,439
down €34,439 (-82.7%), from €41,632 to €7,192
- Other debts -€26,401
down €26,401 (-98.2%), from €26,893 to €492
- Debts after one year -€23,935
down €23,935 (-10.0%), from €238,363 to €214,427
- Tax, wage and social debts -€9,404
down €9,404 (-34.9%), from €26,928 to €17,524
of which Taxes: -€9,626
- Gross operating margin +€29,862
up €29,862 (+12.9%), from €231,820 to €261,682
- Depreciation -€28,414
down €28,414 (-44.3%), from €64,178 to €35,764
- Taxes +€18,551
up €18,551 (+58.0%), from €31,976 to €50,528
- Staff costs -€5,665
down €5,665 (-12.0%), from €47,406 to €41,741
- Financial charges +€4,465
up €4,465 (+80.4%), from €5,556 to €10,020
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 | €677,687 | €684,606 | +€6,919 | +1.0% |
| Fixed assets | 21/28 | €467,412 | €454,057 | -€13,355 | -2.9% |
| Tangible fixed assets | 22/27 | €467,412 | €454,057 | -€13,355 | -2.9% |
| Land and buildings | 22 | €412,653 | €398,389 | -€14,264 | -3.5% |
| Plant, machinery and equipment | 23 | €9,056 | €7,016 | -€2,040 | -22.5% |
| Furniture and vehicles | 24 | €45,703 | €48,652 | +€2,949 | +6.5% |
| Current assets | 29/58 | €210,275 | €230,549 | +€20,274 | +9.6% |
| Amounts receivable within one year | 40/41 | €49,078 | €19,860 | -€29,218 | -59.5% |
| Trade receivables | 40 | €42,708 | €9,181 | -€33,527 | -78.5% |
| Other amounts receivable | 41 | €6,370 | €10,679 | +€4,308 | +67.6% |
| Cash at bank and in hand | 54/58 | €146,871 | €202,550 | +€55,679 | +37.9% |
| Deferred charges and accrued income | 490/1 | €14,325 | €8,139 | -€6,186 | -43.2% |
| Total equity and liabilities | 10/49 | €677,687 | €684,606 | +€6,919 | +1.0% |
| Equity | 10/15 | €320,683 | €420,798 | +€100,114 | +31.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €302,083 | €402,198 | +€100,114 | +33.1% |
| Distributable reserves | 133 | €302,083 | €402,198 | +€100,114 | +33.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €357,003 | €263,808 | -€93,195 | -26.1% |
| Amounts payable after more than one year | 17 | €238,363 | €214,427 | -€23,935 | -10.0% |
| Financial debts | 170/4 | €238,363 | €214,427 | -€23,935 | -10.0% |
| Amounts payable within one year | 42/48 | €118,495 | €49,144 | -€69,351 | -58.5% |
| Current portion of amounts payable after more than one year | 42 | €23,042 | €23,935 | +€893 | +3.9% |
| Trade debts | 44 | €41,632 | €7,192 | -€34,439 | -82.7% |
| Suppliers | 440/4 | €41,632 | €7,192 | -€34,439 | -82.7% |
| Taxes, remuneration and social security | 45 | €26,928 | €17,524 | -€9,404 | -34.9% |
| Taxes | 450/3 | €26,928 | €17,302 | -€9,626 | -35.7% |
| Remuneration and social security | 454/9 | €0 | €222 | +€222 | |
| Other amounts payable | 47/48 | €26,893 | €492 | -€26,401 | -98.2% |
| Accrued charges and deferred income | 492/3 | €146 | €237 | +€92 | +62.8% |
| Remuneration, social security and pensions | 62 | €47,406 | €41,741 | -€5,665 | -12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,178 | €35,764 | -€28,414 | -44.3% |
| Other operating charges | 640/8 | €7,300 | €7,875 | +€575 | +7.9% |
| Gross operating margin | 9900 | €231,820 | €261,682 | +€29,862 | +12.9% |
| Operating profit (loss) | 9901 | €112,936 | €176,302 | +€63,366 | +56.1% |
| Financial income | 75/76B | €3 | €8 | +€5 | +197% |
| Recurring financial income | 75 | €3 | €8 | +€5 | +197% |
| Financial charges | 65/66B | €5,556 | €10,020 | +€4,465 | +80.4% |
| Recurring financial charges | 65 | €5,556 | €10,020 | +€4,465 | +80.4% |
| Profit (loss) for the period before taxes | 9903 | €107,383 | €166,290 | +€58,907 | +54.9% |
| Income taxes | 67/77 | €31,976 | €50,528 | +€18,551 | +58.0% |
| Profit (loss) for the period | 9904 | €75,407 | €115,762 | +€40,355 | +53.5% |
| Profit (loss) for the period to be appropriated | 9905 | €75,407 | €115,762 | +€40,355 | +53.5% |
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 30 October 2026 via checked.be.