VW ELEC: 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.
VW ELEC
Largest movements
- Cash -€34,479
down €34,479 (-67.8%), from €50,879 to €16,400
mainly Net result for the year (-€29,254) and Tax, wage and social debts (-€9,469)
- Stocks and contracts +€3,500
new in 2025: €3,500
- Receivables within one year -€860
down €860 (-8.5%), from €10,136 to €9,276
of which Other amounts receivable: -€1,382
- Tangible fixed assets -€675
down €675 (-46.3%), from €1,460 to €785
of which Furniture and vehicles: -€397
- Profit (loss) carried forward -€29,254
down €29,254 (-86.2%), from €33,945 to €4,692
- Tax, wage and social debts -€9,469
down €9,469 (-67.1%), from €14,104 to €4,635
of which Taxes: -€10,900
- Trade debts +€6,403
up €6,403 (+45.1%), from €14,190 to €20,593
- Turnover -€286,241
no longer reported in 2025 (was €286,241)
- Purchases and services -€229,987
no longer reported in 2025 (was €229,987)
- Gross operating margin -€64,212
down €64,212, from €56,254 to -€7,958
- Taxes -€8,859
down €8,859 (-88.6%), from €10,000 to €1,141
- Staff costs +€6,691
up €6,691 (+59.2%), from €11,304 to €17,994
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 | €64,239 | €31,920 | -€32,319 | -50.3% |
| Fixed assets | 21/28 | €2,610 | €2,384 | -€225 | -8.6% |
| Tangible fixed assets | 22/27 | €1,460 | €785 | -€675 | -46.3% |
| Plant, machinery and equipment | 23 | €765 | €487 | -€278 | -36.4% |
| Furniture and vehicles | 24 | €695 | €298 | -€397 | -57.1% |
| Financial fixed assets | 28 | €1,150 | €1,600 | +€450 | +39.1% |
| Current assets | 29/58 | €61,629 | €29,535 | -€32,094 | -52.1% |
| Stocks and contracts in progress | 3 | - | €3,500 | +€3,500 | |
| Stocks | 30/36 | - | €3,500 | +€3,500 | |
| Amounts receivable within one year | 40/41 | €10,136 | €9,276 | -€860 | -8.5% |
| Trade receivables | 40 | €2,138 | €2,660 | +€522 | +24.4% |
| Other amounts receivable | 41 | €7,997 | €6,616 | -€1,382 | -17.3% |
| Cash at bank and in hand | 54/58 | €50,879 | €16,400 | -€34,479 | -67.8% |
| Deferred charges and accrued income | 490/1 | €615 | €359 | -€255 | -41.5% |
| Total equity and liabilities | 10/49 | €64,239 | €31,920 | -€32,319 | -50.3% |
| Equity | 10/15 | €35,945 | €6,692 | -€29,254 | -81.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,945 | €4,692 | -€29,254 | -86.2% |
| Amounts payable | 17/49 | €28,293 | €25,228 | -€3,066 | -10.8% |
| Amounts payable within one year | 42/48 | €28,293 | €25,228 | -€3,066 | -10.8% |
| Trade debts | 44 | €14,190 | €20,593 | +€6,403 | +45.1% |
| Suppliers | 440/4 | €14,190 | €20,593 | +€6,403 | +45.1% |
| Taxes, remuneration and social security | 45 | €14,104 | €4,635 | -€9,469 | -67.1% |
| Taxes | 450/3 | €12,400 | €1,500 | -€10,900 | -87.9% |
| Remuneration and social security | 454/9 | €1,704 | €3,135 | +€1,431 | +84.0% |
| Turnover | 70 | €286,241 | - | -€286,241 | |
| Goods, raw materials, services and sundry goods | 60/61 | €229,987 | - | -€229,987 | |
| Remuneration, social security and pensions | 62 | €11,304 | €17,994 | +€6,691 | +59.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €844 | €675 | -€169 | -20.0% |
| Other operating charges | 640/8 | - | €1,267 | +€1,267 | |
| Non-recurring operating charges | 66A | - | €22 | +€22 | |
| Gross operating margin | 9900 | €56,254 | -€7,958 | -€64,212 | |
| Operating profit (loss) | 9901 | €44,106 | -€27,917 | -€72,023 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €161 | €195 | +€34 | +21.3% |
| Recurring financial charges | 65 | €161 | €195 | +€34 | +21.3% |
| Profit (loss) for the period before taxes | 9903 | €43,945 | -€28,112 | -€72,058 | |
| Income taxes | 67/77 | €10,000 | €1,141 | -€8,859 | -88.6% |
| Profit (loss) for the period | 9904 | €33,945 | -€29,254 | -€63,199 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,945 | -€29,254 | -€63,199 |
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 19 October 2026 via checked.be.