Vybros: what changed
What changed
Vybros
NACE 82.990, Other business support services
filed annual accounts (NBB)
Net result for the year
€610,704
2024 · €708,905-€98,202
Equity
€56.8m
2024 · €56.5m+€260,704
Cash
€413,771
2024 · €2.4m-€2.0m
Balance sheet total
€112.3m
2024 · €113.0m-€641,766
Largest movements
Assets
- Financial fixed assets +€7.1m
up €7.1m (+7.8%), from €91.1m to €98.1m
- Receivables after one year -€5.9m
down €5.9m (-32.1%), from €18.4m to €12.5m
- Cash -€2.0m
down €2.0m (-82.7%), from €2.4m to €413,771
mainly Investment in fixed assets (net) (-€7.1m) and Debts after one year (-€795,000)
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Financial income -€324,505
down €324,505 (-31.6%), from €1.0m to €703,789
of which Financial income: -€190,999
- Gross operating margin +€120,684
up €120,684 (+80.7%), from €149,491 to €270,175
- Financial charges -€111,224
down €111,224 (-42.1%), from €264,445 to €153,222
of which Non-recurring financial charges: -€81,842
- Staff costs +€6,692
up €6,692 (+3.6%), from €185,776 to €192,468
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€708,905
Gross operating margin
+€120,684
Staff costs
-€6,692
Depreciation
-€2,428
Other operating charges
+€431
Other operating items
+€1,114
Financial income
-€324,505
Financial charges
+€111,224
Taxes
+€1,970
Result 2025
€610,704
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€6.2m
Investment
-€7.1m
Financing
-€1.1m
Cash 2024
€2.4m
From operations (derived)
+€6.2m
Net result for the year
+€610,704
Depreciation
+€5,313
Receivables after one year
+€5.9m
Receivables within one year
+€20,497
Deferred charges and accrued income
-€209,202
Trade debts
-€18,605
Tax, wage and social debts
-€118,426
Other debts
+€3,502
Accrued charges and deferred income
+€26,059
Investment (derived)
-€7.1m
Investment in fixed assets (net)
-€7.1m
Financing
-€1.1m
Debts after one year
-€795,000
Contributions, distributions and other
-€350,000
Cash 2025
€413,771
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €112,981,806 | €112,340,040 | -€641,766 | -0.6% |
| Fixed assets | 21/28 | €91,094,782 | €98,155,179 | +€7.1m | +7.8% |
| Tangible fixed assets | 22/27 | €20,685 | €16,082 | -€4,603 | -22.3% |
| Plant, machinery and equipment | 23 | €1,158 | €684 | -€474 | -41.0% |
| Furniture and vehicles | 24 | €15,506 | €12,937 | -€2,569 | -16.6% |
| Other tangible fixed assets | 26 | €4,020 | €2,461 | -€1,559 | -38.8% |
| Financial fixed assets | 28 | €91,074,097 | €98,139,097 | +€7.1m | +7.8% |
| Current assets | 29/58 | €21,887,024 | €14,184,861 | -€7.7m | -35.2% |
| Amounts receivable after more than one year | 29 | €18,378,330 | €12,471,400 | -€5.9m | -32.1% |
| Other amounts receivable | 291 | €18,378,330 | €12,471,400 | -€5.9m | -32.1% |
| Amounts receivable within one year | 40/41 | €609,160 | €588,663 | -€20,497 | -3.4% |
| Trade receivables | 40 | €576,488 | €501,648 | -€74,840 | -13.0% |
| Other amounts receivable | 41 | €32,671 | €87,014 | +€54,343 | +166% |
| Cash at bank and in hand | 54/58 | €2,397,708 | €413,771 | -€2.0m | -82.7% |
| Deferred charges and accrued income | 490/1 | €501,826 | €711,028 | +€209,202 | +41.7% |
| Total equity and liabilities | 10/49 | €112,981,806 | €112,340,040 | -€641,766 | -0.6% |
| Equity | 10/15 | €56,493,864 | €56,754,568 | +€260,704 | +0.5% |
| Contributions | 10/11 | €20,000,000 | €20,000,000 | = | 0.0% |
| Capital | 10 | €20,000,000 | €20,000,000 | = | 0.0% |
| Issued capital | 100 | €20,000,000 | €20,000,000 | = | 0.0% |
| Reserves | 13 | €36,000,000 | €36,000,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000,000 | €2,000,000 | = | 0.0% |
| Legal reserve | 130 | €2,000,000 | €2,000,000 | = | 0.0% |
| Distributable reserves | 133 | €34,000,000 | €34,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €493,864 | €754,568 | +€260,704 | +52.8% |
| Amounts payable | 17/49 | €56,487,942 | €55,585,472 | -€902,470 | -1.6% |
| Amounts payable after more than one year | 17 | €55,827,898 | €55,032,898 | -€795,000 | -1.4% |
| Financial debts | 170/4 | €55,827,898 | €55,032,898 | -€795,000 | -1.4% |
| Amounts payable within one year | 42/48 | €639,592 | €506,063 | -€133,529 | -20.9% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €86,313 | €67,708 | -€18,605 | -21.6% |
| Suppliers | 440/4 | €86,313 | €67,708 | -€18,605 | -21.6% |
| Taxes, remuneration and social security | 45 | €200,150 | €81,725 | -€118,426 | -59.2% |
| Taxes | 450/3 | €177,847 | €58,581 | -€119,267 | -67.1% |
| Remuneration and social security | 454/9 | €22,303 | €23,144 | +€841 | +3.8% |
| Other amounts payable | 47/48 | €353,128 | €356,630 | +€3,502 | +1.0% |
| Accrued charges and deferred income | 492/3 | €20,452 | €46,512 | +€26,059 | +127% |
| Non-recurring operating income | 76A | - | €710 | +€710 | |
| Remuneration, social security and pensions | 62 | €185,776 | €192,468 | +€6,692 | +3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,885 | €5,313 | +€2,428 | +84.2% |
| Other operating charges | 640/8 | €884 | €454 | -€431 | -48.7% |
| Non-recurring operating charges | 66A | €1,114 | €0 | -€1,114 | -100% |
| Gross operating margin | 9900 | €149,491 | €270,175 | +€120,684 | +80.7% |
| Operating profit (loss) | 9901 | -€41,169 | €71,940 | +€113,110 | |
| Financial income | 75/76B | €1,028,294 | €703,789 | -€324,505 | -31.6% |
| Recurring financial income | 75 | €894,788 | €703,789 | -€190,999 | -21.3% |
| Non-recurring financial income | 76B | €133,506 | €0 | -€133,506 | -100% |
| Financial charges | 65/66B | €264,445 | €153,222 | -€111,224 | -42.1% |
| Recurring financial charges | 65 | €182,603 | €153,222 | -€29,382 | -16.1% |
| Non-recurring financial charges | 66B | €81,842 | €0 | -€81,842 | -100% |
| Profit (loss) for the period before taxes | 9903 | €722,680 | €622,508 | -€100,172 | -13.9% |
| Income taxes | 67/77 | €13,774 | €11,804 | -€1,970 | -14.3% |
| Profit (loss) for the period | 9904 | €708,905 | €610,704 | -€98,202 | -13.9% |
| Profit (loss) for the period to be appropriated | 9905 | €708,905 | €610,704 | -€98,202 | -13.9% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.