VV MEDICAL: 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 MEDICAL
Largest movements
- Tangible fixed assets -€23,785
down €23,785 (-12.7%), from €187,092 to €163,307
- Intangible fixed assets -€12,000
down €12,000 (-18.5%), from €64,820 to €52,820
- Receivables within one year -€9,768
down €9,768 (-12.4%), from €78,805 to €69,037
- Debts after one year -€40,534
down €40,534 (-20.6%), from €196,712 to €156,178
- Tax, wage and social debts -€14,780
down €14,780 (-82.1%), from €18,000 to €3,220
- Trade debts +€7,151
up €7,151 (+1,635%), from €437 to €7,588
- Profit (loss) carried forward +€5,967
up €5,967 (+8.1%), from €74,030 to €79,997
- Turnover +€183,865
new in 2025: €183,865
- Purchases and services +€143,419
new in 2025: €143,419
- Gross operating margin -€45,002
down €45,002 (-48.5%), from €92,751 to €47,749
- Taxes -€14,827
down €14,827 (-82.0%), from €18,076 to €3,248
- Financial charges -€2,724
down €2,724 (-31.8%), from €8,578 to €5,853
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 | €337,363 | €292,017 | -€45,346 | -13.4% |
| Fixed assets | 21/28 | €253,212 | €217,426 | -€35,785 | -14.1% |
| Intangible fixed assets | 21 | €64,820 | €52,820 | -€12,000 | -18.5% |
| Tangible fixed assets | 22/27 | €187,092 | €163,307 | -€23,785 | -12.7% |
| Land and buildings | 22 | €66,620 | €61,243 | -€5,376 | -8.1% |
| Plant, machinery and equipment | 23 | €1,406 | €0 | -€1,406 | -100% |
| Furniture and vehicles | 24 | €36,439 | €24,735 | -€11,703 | -32.1% |
| Other tangible fixed assets | 26 | €82,628 | €77,328 | -€5,300 | -6.4% |
| Financial fixed assets | 28 | €1,300 | €1,300 | = | 0.0% |
| Current assets | 29/58 | €84,152 | €74,591 | -€9,561 | -11.4% |
| Amounts receivable within one year | 40/41 | €78,805 | €69,037 | -€9,768 | -12.4% |
| Other amounts receivable | 41 | €78,805 | €69,037 | -€9,768 | -12.4% |
| Cash at bank and in hand | 54/58 | €2,939 | €3,218 | +€279 | +9.5% |
| Deferred charges and accrued income | 490/1 | €2,408 | €2,335 | -€73 | -3.0% |
| Total equity and liabilities | 10/49 | €337,363 | €292,017 | -€45,346 | -13.4% |
| Equity | 10/15 | €78,530 | €84,497 | +€5,967 | +7.6% |
| Contributions | 10/11 | €4,500 | €4,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,030 | €79,997 | +€5,967 | +8.1% |
| Amounts payable | 17/49 | €258,833 | €207,520 | -€51,313 | -19.8% |
| Amounts payable after more than one year | 17 | €196,712 | €156,178 | -€40,534 | -20.6% |
| Financial debts | 170/4 | €196,712 | €156,178 | -€40,534 | -20.6% |
| Amounts payable within one year | 42/48 | €62,121 | €51,342 | -€10,779 | -17.4% |
| Current portion of amounts payable after more than one year | 42 | €43,684 | €40,534 | -€3,149 | -7.2% |
| Trade debts | 44 | €437 | €7,588 | +€7,151 | +1,635% |
| Suppliers | 440/4 | €437 | €7,588 | +€7,151 | +1,635% |
| Taxes, remuneration and social security | 45 | €18,000 | €3,220 | -€14,780 | -82.1% |
| Taxes | 450/3 | €18,000 | €3,220 | -€14,780 | -82.1% |
| Turnover | 70 | - | €183,865 | +€183,865 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €143,419 | +€143,419 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,123 | €35,785 | -€2,337 | -6.1% |
| Other operating charges | 640/8 | €1,642 | €1,386 | -€256 | -15.6% |
| Gross operating margin | 9900 | €92,751 | €47,749 | -€45,002 | -48.5% |
| Operating profit (loss) | 9901 | €52,987 | €10,578 | -€42,409 | -80.0% |
| Financial income | 75/76B | €1,635 | €4,006 | +€2,371 | +145% |
| Recurring financial income | 75 | €1,635 | €4,006 | +€2,371 | +145% |
| Financial charges | 65/66B | €8,578 | €5,853 | -€2,724 | -31.8% |
| Recurring financial charges | 65 | €8,578 | €5,853 | -€2,724 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | €46,044 | €8,730 | -€37,314 | -81.0% |
| Income taxes | 67/77 | €18,076 | €3,248 | -€14,827 | -82.0% |
| Profit (loss) for the period | 9904 | €27,968 | €5,482 | -€22,486 | -80.4% |
| Profit (loss) for the period to be appropriated | 9905 | €27,968 | €5,482 | -€22,486 | -80.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.