VVS Group: 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.
VVS Group
Largest movements
- Cash -€2,188
down €2,188 (-43.2%), from €5,066 to €2,878
mainly Other debts (-€1,434) and Tax, wage and social debts (-€1,155)
- Receivables within one year -€680
down €680 (-96.3%), from €706 to €26
of which Other amounts receivable: -€463
- Other debts -€1,434
down €1,434 (-2.8%), from €51,577 to €50,143
- Tax, wage and social debts -€1,155
down €1,155 (-97.9%), from €1,180 to €25
of which Remuneration and social security: -€1,155
- Trade debts -€796
down €796 (-32.9%), from €2,423 to €1,627
- Profit (loss) carried forward +€517
up €517 (+0.9%), from -€59,408 to -€58,890
- Gross operating margin -€14,464
down €14,464 (-95.8%), from €15,095 to €631
- Staff costs -€14,143
no longer reported in 2024 (was €14,143)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,772 | €2,904 | -€2,868 | -49.7% |
| Current assets | 29/58 | €5,772 | €2,904 | -€2,868 | -49.7% |
| Amounts receivable within one year | 40/41 | €706 | €26 | -€680 | -96.3% |
| Trade receivables | 40 | €216 | - | -€216 | |
| Other amounts receivable | 41 | €490 | €26 | -€463 | -94.6% |
| Cash at bank and in hand | 54/58 | €5,066 | €2,878 | -€2,188 | -43.2% |
| Total equity and liabilities | 10/49 | €5,772 | €2,904 | -€2,868 | -49.7% |
| Equity | 10/15 | -€49,408 | -€48,890 | +€517 | +1.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,408 | -€58,890 | +€517 | +0.9% |
| Amounts payable | 17/49 | €55,180 | €51,795 | -€3,385 | -6.1% |
| Amounts payable within one year | 42/48 | €55,180 | €51,795 | -€3,385 | -6.1% |
| Trade debts | 44 | €2,423 | €1,627 | -€796 | -32.9% |
| Suppliers | 440/4 | €2,423 | €1,627 | -€796 | -32.9% |
| Taxes, remuneration and social security | 45 | €1,180 | €25 | -€1,155 | -97.9% |
| Taxes | 450/3 | €25 | €25 | = | 0.0% |
| Remuneration and social security | 454/9 | €1,155 | - | -€1,155 | |
| Other amounts payable | 47/48 | €51,577 | €50,143 | -€1,434 | -2.8% |
| Non-recurring operating income | 76A | - | €1,405 | +€1,405 | |
| Remuneration, social security and pensions | 62 | €14,143 | - | -€14,143 | |
| Non-recurring operating charges | 66A | €3,303 | - | -€3,303 | |
| Gross operating margin | 9900 | €15,095 | €631 | -€14,464 | -95.8% |
| Operating profit (loss) | 9901 | -€2,351 | €631 | +€2,983 | |
| Financial income | 75/76B | €5 | - | -€5 | |
| Recurring financial income | 75 | €5 | - | -€5 | |
| Financial charges | 65/66B | €135 | €114 | -€21 | -15.8% |
| Recurring financial charges | 65 | €135 | €114 | -€21 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,481 | €517 | +€2,999 | |
| Profit (loss) for the period | 9904 | -€2,481 | €517 | +€2,999 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,481 | €517 | +€2,999 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.