VV Technologies: what changed
Two fiscal 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 Technologies
Largest movements
- Receivables within one year -€36,951
down €36,951 (-15.0%), from €246,074 to €209,123
of which Trade receivables: -€43,962
- Reserves -€131,500
down €131,500 (-100.0%), from €131,500 to €0
- Tax, wage and social debts +€83,738
up €83,738 (+82.9%), from €100,974 to €184,713
of which Remuneration and social security: +€51,988
- Trade debts +€16,895
up €16,895 (+112.4%), from €15,035 to €31,931
- Profit (loss) carried forward -€7,019
down €7,019, from €483 to -€6,536
- Gross operating margin -€231,060
down €231,060 (-47.2%), from €489,388 to €258,328
- Staff costs +€57,025
up €57,025 (+16.8%), from €339,390 to €396,415
- Taxes -€32,423
down €32,423 (-99.0%), from €32,744 to €321
- Write-downs -€19,555
down €19,555 (-100.0%), from €19,555 to €0
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.
Cash bridge derived
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 | €250,579 | €213,287 | -€37,292 | -14.9% |
| Fixed assets | 21/28 | €2,226 | €2,775 | +€550 | +24.7% |
| Tangible fixed assets | 22/27 | €2,226 | €2,775 | +€550 | +24.7% |
| Furniture and vehicles | 24 | €2,226 | €2,775 | +€550 | +24.7% |
| Current assets | 29/58 | €248,353 | €210,512 | -€37,841 | -15.2% |
| Amounts receivable within one year | 40/41 | €246,074 | €209,123 | -€36,951 | -15.0% |
| Trade receivables | 40 | €126,637 | €82,675 | -€43,962 | -34.7% |
| Other amounts receivable | 41 | €119,437 | €126,448 | +€7,011 | +5.9% |
| Cash at bank and in hand | 54/58 | €366 | €0 | -€366 | -99.9% |
| Deferred charges and accrued income | 490/1 | €1,913 | €1,388 | -€525 | -27.4% |
| Total equity and liabilities | 10/49 | €250,579 | €213,287 | -€37,292 | -14.9% |
| Equity | 10/15 | €132,984 | -€5,535 | -€138,519 | |
| Contributions | 10/11 | €1,001 | €1,001 | = | 0.0% |
| Reserves | 13 | €131,500 | €0 | -€131,500 | -100.0% |
| Distributable reserves | 133 | €131,500 | €0 | -€131,500 | -100.0% |
| Profit (loss) carried forward | 14 | €483 | -€6,536 | -€7,019 | |
| Amounts payable | 17/49 | €117,595 | €218,822 | +€101,227 | +86.1% |
| Amounts payable within one year | 42/48 | €117,256 | €217,958 | +€100,703 | +85.9% |
| Financial debts | 43 | €1,246 | €1,315 | +€69 | +5.6% |
| Credit institutions | 430/8 | €1,246 | €1,315 | +€69 | +5.6% |
| Trade debts | 44 | €15,035 | €31,931 | +€16,895 | +112.4% |
| Suppliers | 440/4 | €15,035 | €31,931 | +€16,895 | +112.4% |
| Taxes, remuneration and social security | 45 | €100,974 | €184,713 | +€83,738 | +82.9% |
| Taxes | 450/3 | €43,481 | €75,231 | +€31,750 | +73.0% |
| Remuneration and social security | 454/9 | €57,493 | €109,481 | +€51,988 | +90.4% |
| Accrued charges and deferred income | 492/3 | €339 | €864 | +€525 | +154.7% |
| Non-recurring operating income | 76A | €0 | €2,050 | +€2,050 | |
| Remuneration, social security and pensions | 62 | €339,390 | €396,415 | +€57,025 | +16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €508 | €1,258 | +€750 | +147.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €19,555 | €0 | -€19,555 | -100.0% |
| Other operating charges | 640/8 | €5,681 | €1,088 | -€4,593 | -80.9% |
| Gross operating margin | 9900 | €489,388 | €258,328 | -€231,060 | -47.2% |
| Operating profit (loss) | 9901 | €124,254 | -€140,432 | -€264,686 | |
| Financial income | 75/76B | €5,029 | €6,672 | +€1,642 | +32.7% |
| Recurring financial income | 75 | €5,029 | €6,672 | +€1,642 | +32.7% |
| Financial charges | 65/66B | €3,569 | €4,438 | +€868 | +24.3% |
| Recurring financial charges | 65 | €3,569 | €4,438 | +€868 | +24.3% |
| Profit (loss) for the period before taxes | 9903 | €125,714 | -€138,198 | -€263,912 | |
| Income taxes | 67/77 | €32,744 | €321 | -€32,423 | -99.0% |
| Profit (loss) for the period | 9904 | €92,970 | -€138,519 | -€231,489 | |
| Profit (loss) for the period to be appropriated | 9905 | €92,970 | -€138,519 | -€231,489 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.