vv-technics: 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-technics
Largest movements
- Stocks and contracts +€21,272
up €21,272 (+489%), from €4,354 to €25,626
of which Contracts in progress: +€12,059
- Cash -€17,500
down €17,500 (-75.9%), from €23,064 to €5,564
mainly Stocks and contracts (-€21,272) and Receivables within one year (-€4,003)
- Tangible fixed assets -€5,887
down €5,887 (-59.1%), from €9,965 to €4,078
of which Furniture and vehicles: -€4,851
- Receivables within one year +€4,003
up €4,003 (+53.2%), from €7,530 to €11,533
of which Trade receivables: +€5,338
- Deferred charges and accrued income -€1,322
down €1,322 (-35.3%), from €3,742 to €2,420
- Profit (loss) carried forward +€3,576
up €3,576 (+84.4%), from -€4,239 to -€663
- Trade debts -€2,594
down €2,594 (-50.9%), from €5,093 to €2,499
- Current portion of long-term debt -€1,341
no longer reported in 2025 (was €1,341)
- Tax, wage and social debts +€1,082
up €1,082 (+128%), from €846 to €1,928
- Gross operating margin -€12,514
down €12,514 (-50.4%), from €24,823 to €12,309
- Taxes +€1,085
up €1,085 (+574%), from €189 to €1,274
- Depreciation -€840
down €840 (-12.5%), from €6,727 to €5,887
- Financial charges -€373
down €373 (-43.8%), from €851 to €478
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 | €48,655 | €49,221 | +€566 | +1.2% |
| Fixed assets | 21/28 | €9,965 | €4,078 | -€5,887 | -59.1% |
| Tangible fixed assets | 22/27 | €9,965 | €4,078 | -€5,887 | -59.1% |
| Plant, machinery and equipment | 23 | €2,817 | €1,781 | -€1,036 | -36.8% |
| Furniture and vehicles | 24 | €7,148 | €2,297 | -€4,851 | -67.9% |
| Current assets | 29/58 | €38,690 | €45,142 | +€6,452 | +16.7% |
| Stocks and contracts in progress | 3 | €4,354 | €25,626 | +€21,272 | +489% |
| Stocks | 30/36 | - | €9,213 | +€9,213 | |
| Contracts in progress | 37 | €4,354 | €16,413 | +€12,059 | +277% |
| Amounts receivable within one year | 40/41 | €7,530 | €11,533 | +€4,003 | +53.2% |
| Trade receivables | 40 | €5,004 | €10,342 | +€5,338 | +107% |
| Other amounts receivable | 41 | €2,526 | €1,190 | -€1,336 | -52.9% |
| Cash at bank and in hand | 54/58 | €23,064 | €5,564 | -€17,500 | -75.9% |
| Deferred charges and accrued income | 490/1 | €3,742 | €2,420 | -€1,322 | -35.3% |
| Total equity and liabilities | 10/49 | €48,655 | €49,221 | +€566 | +1.2% |
| Equity | 10/15 | €26,696 | €30,272 | +€3,576 | +13.4% |
| Contributions | 10/11 | €13,000 | €13,000 | = | 0.0% |
| Reserves | 13 | €17,935 | €17,935 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,768 | €1,768 | +€0 | 0.0% |
| Reserves not available under the articles | 1311 | €1,768 | €1,768 | +€0 | 0.0% |
| Distributable reserves | 133 | €16,167 | €16,167 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€4,239 | -€663 | +€3,576 | +84.4% |
| Amounts payable | 17/49 | €21,959 | €18,949 | -€3,010 | -13.7% |
| Amounts payable within one year | 42/48 | €21,959 | €18,949 | -€3,010 | -13.7% |
| Current portion of amounts payable after more than one year | 42 | €1,341 | - | -€1,341 | |
| Trade debts | 44 | €5,093 | €2,499 | -€2,594 | -50.9% |
| Suppliers | 440/4 | €5,093 | €2,499 | -€2,594 | -50.9% |
| Taxes, remuneration and social security | 45 | €846 | €1,928 | +€1,082 | +128% |
| Taxes | 450/3 | €846 | €1,928 | +€1,082 | +128% |
| Other amounts payable | 47/48 | €14,679 | €14,522 | -€157 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,727 | €5,887 | -€840 | -12.5% |
| Other operating charges | 640/8 | €1,392 | €1,439 | +€47 | +3.4% |
| Gross operating margin | 9900 | €24,823 | €12,309 | -€12,514 | -50.4% |
| Operating profit (loss) | 9901 | €16,704 | €4,982 | -€11,722 | -70.2% |
| Financial income | 75/76B | €318 | €347 | +€29 | +9.1% |
| Recurring financial income | 75 | €318 | €347 | +€29 | +9.1% |
| Financial charges | 65/66B | €851 | €478 | -€373 | -43.8% |
| Recurring financial charges | 65 | €851 | €478 | -€373 | -43.8% |
| Profit (loss) for the period before taxes | 9903 | €16,171 | €4,851 | -€11,320 | -70.0% |
| Income taxes | 67/77 | €189 | €1,274 | +€1,085 | +574% |
| Profit (loss) for the period | 9904 | €15,982 | €3,577 | -€12,406 | -77.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,982 | €3,577 | -€12,406 | -77.6% |
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 15 October 2026 via checked.be.