VW SHOP: 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 SHOP
Largest movements
- Receivables within one year -€40,530
down €40,530 (-61.0%), from €66,418 to €25,889
of which Trade receivables: -€42,530
- Cash -€20,713
down €20,713 (-78.9%), from €26,239 to €5,526
mainly Trade debts (-€93,653) and Other debts (-€23,526)
- Stocks and contracts +€19,580
up €19,580 (+18.1%), from €108,213 to €127,793
- Tangible fixed assets +€11,695
up €11,695 (+336%), from €3,485 to €15,180
of which Leasing and similar rights: +€13,718
- Trade debts -€93,653
down €93,653 (-58.0%), from €161,498 to €67,845
- Profit (loss) carried forward +€70,635
up €70,635 (+96.2%), from -€73,461 to -€2,826
- Other debts -€23,526
down €23,526 (-32.7%), from €72,049 to €48,523
- Debts after one year +€11,139
new in 2024: €11,139
- Tax, wage and social debts +€3,135
up €3,135 (+9.2%), from €34,094 to €37,229
of which Taxes: +€6,045
- Gross operating margin +€46,624
up €46,624 (+46.0%), from €101,340 to €147,964
- Staff costs +€11,761
up €11,761 (+21.9%), from €53,769 to €65,531
- Depreciation -€5,432
down €5,432 (-68.9%), from €7,881 to €2,449
- Taxes +€5,419
new in 2024: €5,419
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.
Derived cash bridge
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 | €212,779 | €182,812 | -€29,967 | -14.1% |
| Fixed assets | 21/28 | €11,909 | €23,604 | +€11,695 | +98.2% |
| Tangible fixed assets | 22/27 | €3,485 | €15,180 | +€11,695 | +336% |
| Plant, machinery and equipment | 23 | €1,426 | €1,426 | = | 0.0% |
| Furniture and vehicles | 24 | €2,058 | €36 | -€2,023 | -98.3% |
| Leasing and similar rights | 25 | - | €13,718 | +€13,718 | |
| Financial fixed assets | 28 | €8,424 | €8,424 | = | 0.0% |
| Current assets | 29/58 | €200,871 | €159,208 | -€41,663 | -20.7% |
| Stocks and contracts in progress | 3 | €108,213 | €127,793 | +€19,580 | +18.1% |
| Stocks | 30/36 | €108,213 | €127,793 | +€19,580 | +18.1% |
| Amounts receivable within one year | 40/41 | €66,418 | €25,889 | -€40,530 | -61.0% |
| Trade receivables | 40 | €66,418 | €23,889 | -€42,530 | -64.0% |
| Other amounts receivable | 41 | - | €2,000 | +€2,000 | |
| Cash at bank and in hand | 54/58 | €26,239 | €5,526 | -€20,713 | -78.9% |
| Total equity and liabilities | 10/49 | €212,779 | €182,812 | -€29,967 | -14.1% |
| Equity | 10/15 | -€54,861 | €15,774 | +€70,635 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€73,461 | -€2,826 | +€70,635 | +96.2% |
| Amounts payable | 17/49 | €267,640 | €167,038 | -€100,603 | -37.6% |
| Amounts payable after more than one year | 17 | - | €11,139 | +€11,139 | |
| Financial debts | 170/4 | - | €11,139 | +€11,139 | |
| Amounts payable within one year | 42/48 | €267,640 | €155,899 | -€111,741 | -41.8% |
| Current portion of amounts payable after more than one year | 42 | - | €2,302 | +€2,302 | |
| Trade debts | 44 | €161,498 | €67,845 | -€93,653 | -58.0% |
| Suppliers | 440/4 | €161,498 | €67,845 | -€93,653 | -58.0% |
| Taxes, remuneration and social security | 45 | €34,094 | €37,229 | +€3,135 | +9.2% |
| Taxes | 450/3 | €11,862 | €17,907 | +€6,045 | +51.0% |
| Remuneration and social security | 454/9 | €22,232 | €19,322 | -€2,910 | -13.1% |
| Other amounts payable | 47/48 | €72,049 | €48,523 | -€23,526 | -32.7% |
| Remuneration, social security and pensions | 62 | €53,769 | €65,531 | +€11,761 | +21.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,881 | €2,449 | -€5,432 | -68.9% |
| Other operating charges | 640/8 | €2,105 | €3,395 | +€1,291 | +61.3% |
| Gross operating margin | 9900 | €101,340 | €147,964 | +€46,624 | +46.0% |
| Operating profit (loss) | 9901 | €37,585 | €76,589 | +€39,004 | +104% |
| Financial income | 75/76B | €1,174 | €1,600 | +€426 | +36.3% |
| Recurring financial income | 75 | €1,174 | €1,600 | +€426 | +36.3% |
| Financial charges | 65/66B | €717 | €2,059 | +€1,341 | +187% |
| Recurring financial charges | 65 | €717 | €2,059 | +€1,341 | +187% |
| Profit (loss) for the period before taxes | 9903 | €38,041 | €76,131 | +€38,089 | +100% |
| Income taxes | 67/77 | - | €5,419 | +€5,419 | |
| Profit (loss) for the period | 9904 | €38,041 | €70,712 | +€32,670 | +85.9% |
| Profit (loss) for the period to be appropriated | 9905 | €38,041 | €70,712 | +€32,670 | +85.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.