VW-EVENTS: 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-EVENTS
Largest movements
- Tangible fixed assets -€59,012
down €59,012 (-27.1%), from €217,488 to €158,476
- Cash +€37,923
up €37,923 (+37.4%), from €101,470 to €139,393
mainly Other debts (+€61,908) and Depreciation (+€60,706)
- Deferred charges and accrued income -€6,686
down €6,686 (-59.8%), from €11,182 to €4,496
- Receivables within one year -€5,355
down €5,355 (-10.2%), from €52,266 to €46,910
of which Other amounts receivable: -€28,051
- Trade debts -€99,564
down €99,564 (-83.8%), from €118,763 to €19,199
- Other debts +€61,908
up €61,908 (+24.3%), from €254,860 to €316,769
- Tax, wage and social debts +€10,469
up €10,469 (+155%), from €6,748 to €17,217
of which Taxes: +€14,413
- Profit (loss) carried forward -€6,329
down €6,329 (-243%), from -€2,601 to -€8,930
- Gross operating margin +€148,572
up €148,572, from -€69,216 to €79,356
- Staff costs -€29,489
down €29,489 (-74.9%), from €39,384 to €9,895
- Other operating charges -€4,999
down €4,999 (-37.3%), from €13,406 to €8,407
- Financial charges +€1,795
up €1,795 (+37.5%), from €4,789 to €6,584
- Depreciation +€958
up €958 (+1.6%), from €59,748 to €60,706
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 | €398,175 | €364,660 | -€33,515 | -8.4% |
| Fixed assets | 21/28 | €218,258 | €158,861 | -€59,397 | -27.2% |
| Intangible fixed assets | 21 | €770 | €385 | -€385 | -50.0% |
| Tangible fixed assets | 22/27 | €217,488 | €158,476 | -€59,012 | -27.1% |
| Plant, machinery and equipment | 23 | €64,526 | €43,379 | -€21,147 | -32.8% |
| Furniture and vehicles | 24 | €68,475 | €41,422 | -€27,053 | -39.5% |
| Other tangible fixed assets | 26 | €84,486 | €73,675 | -€10,812 | -12.8% |
| Current assets | 29/58 | €179,918 | €205,799 | +€25,882 | +14.4% |
| Stocks and contracts in progress | 3 | €15,000 | €15,000 | = | 0.0% |
| Stocks | 30/36 | €15,000 | €15,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €52,266 | €46,910 | -€5,355 | -10.2% |
| Trade receivables | 40 | €22,849 | €45,545 | +€22,696 | +99.3% |
| Other amounts receivable | 41 | €29,417 | €1,365 | -€28,051 | -95.4% |
| Cash at bank and in hand | 54/58 | €101,470 | €139,393 | +€37,923 | +37.4% |
| Deferred charges and accrued income | 490/1 | €11,182 | €4,496 | -€6,686 | -59.8% |
| Total equity and liabilities | 10/49 | €398,175 | €364,660 | -€33,515 | -8.4% |
| Equity | 10/15 | €17,804 | €11,475 | -€6,329 | -35.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€2,601 | -€8,930 | -€6,329 | -243% |
| Amounts payable | 17/49 | €380,371 | €353,185 | -€27,186 | -7.1% |
| Amounts payable within one year | 42/48 | €380,371 | €353,185 | -€27,186 | -7.1% |
| Trade debts | 44 | €118,763 | €19,199 | -€99,564 | -83.8% |
| Suppliers | 440/4 | €118,763 | €19,199 | -€99,564 | -83.8% |
| Taxes, remuneration and social security | 45 | €6,748 | €17,217 | +€10,469 | +155% |
| Taxes | 450/3 | €2,244 | €16,657 | +€14,413 | +642% |
| Remuneration and social security | 454/9 | €4,504 | €560 | -€3,944 | -87.6% |
| Other amounts payable | 47/48 | €254,860 | €316,769 | +€61,908 | +24.3% |
| Remuneration, social security and pensions | 62 | €39,384 | €9,895 | -€29,489 | -74.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,748 | €60,706 | +€958 | +1.6% |
| Other operating charges | 640/8 | €13,406 | €8,407 | -€4,999 | -37.3% |
| Gross operating margin | 9900 | -€69,216 | €79,356 | +€148,572 | |
| Operating profit (loss) | 9901 | -€181,754 | €348 | +€182,102 | |
| Financial income | 75/76B | €2 | €27 | +€25 | +1,249% |
| Recurring financial income | 75 | €2 | €27 | +€25 | +1,249% |
| Financial charges | 65/66B | €4,789 | €6,584 | +€1,795 | +37.5% |
| Recurring financial charges | 65 | €4,789 | €6,584 | +€1,795 | +37.5% |
| Profit (loss) for the period before taxes | 9903 | -€186,541 | -€6,210 | +€180,331 | +96.7% |
| Income taxes | 67/77 | €149 | €119 | -€30 | -20.0% |
| Profit (loss) for the period | 9904 | -€186,690 | -€6,329 | +€180,361 | +96.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€186,690 | -€6,329 | +€180,361 | +96.6% |
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 25 October 2026 via checked.be.