VVV: 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.
VVV
Largest movements
- Receivables within one year -€1,100
down €1,100 (-10.9%), from €10,100 to €9,000
- Cash -€147
down €147 (-93.6%), from €157 to €10
mainly Net result for the year (-€2,928) and Trade debts (-€319)
- Profit (loss) carried forward -€2,928
down €2,928 (-31.9%), from -€9,177 to -€12,105
- Other debts +€2,000
new in 2025: €2,000
- Trade debts -€319
down €319 (-38.2%), from €834 to €515
- Gross operating margin -€1,812
down €1,812 (-411%), from -€441 to -€2,253
- Other operating charges +€110
up €110 (+21.8%), from €505 to €615
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 | €10,257 | €9,010 | -€1,247 | -12.2% |
| Current assets | 29/58 | €10,257 | €9,010 | -€1,247 | -12.2% |
| Amounts receivable within one year | 40/41 | €10,100 | €9,000 | -€1,100 | -10.9% |
| Other amounts receivable | 41 | €10,100 | €9,000 | -€1,100 | -10.9% |
| Cash at bank and in hand | 54/58 | €157 | €10 | -€147 | -93.6% |
| Total equity and liabilities | 10/49 | €10,257 | €9,010 | -€1,247 | -12.2% |
| Equity | 10/15 | €9,423 | €6,495 | -€2,928 | -31.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,177 | -€12,105 | -€2,928 | -31.9% |
| Amounts payable | 17/49 | €834 | €2,515 | +€1,681 | +201% |
| Amounts payable within one year | 42/48 | €834 | €2,515 | +€1,681 | +201% |
| Trade debts | 44 | €834 | €515 | -€319 | -38.2% |
| Suppliers | 440/4 | €834 | €515 | -€319 | -38.2% |
| Other amounts payable | 47/48 | - | €2,000 | +€2,000 | |
| Other operating charges | 640/8 | €505 | €615 | +€110 | +21.8% |
| Gross operating margin | 9900 | -€441 | -€2,253 | -€1,812 | -411% |
| Operating profit (loss) | 9901 | -€946 | -€2,869 | -€1,922 | -203% |
| Financial charges | 65/66B | €74 | €59 | -€15 | -20.0% |
| Recurring financial charges | 65 | €74 | €59 | -€15 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,020 | -€2,928 | -€1,907 | -187% |
| Profit (loss) for the period | 9904 | -€1,020 | -€2,928 | -€1,907 | -187% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,020 | -€2,928 | -€1,907 | -187% |
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 16 October 2026 via checked.be.