VYGEE: 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.
VYGEE
Largest movements
- Cash +€65,781
up €65,781 (+21.0%), from €313,203 to €378,984
mainly Receivables within one year (+€50,438) and Net result for the year (+€40,195)
- Receivables within one year -€50,438
down €50,438 (-78.5%), from €64,251 to €13,813
of which Trade receivables: -€50,406
- Reserves +€20,000
up €20,000 (+89.8%), from €22,269 to €42,269
of which Distributable reserves: +€20,000
- Other debts +€12,755
up €12,755 (+25.3%), from €50,393 to €63,147
- Tax, wage and social debts -€9,827
down €9,827 (-49.4%), from €19,912 to €10,085
- Trade debts -€7,385
down €7,385 (-79.0%), from €9,350 to €1,965
- Profit (loss) carried forward +€5,195
up €5,195 (+1.5%), from €337,736 to €342,931
- Gross operating margin +€10,435
up €10,435 (+25.5%), from €40,857 to €51,292
- Depreciation +€1,000
up €1,000 (+55.5%), from €1,800 to €2,800
- Financial income +€861
up €861 (+23.6%), from €3,648 to €4,510
- Taxes +€653
up €653 (+6.3%), from €10,368 to €11,021
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 | €470,775 | €491,829 | +€21,054 | +4.5% |
| Fixed assets | 21/28 | €18,137 | €22,837 | +€4,700 | +25.9% |
| Tangible fixed assets | 22/27 | €17,901 | €22,601 | +€4,700 | +26.3% |
| Land and buildings | 22 | €13,768 | €19,295 | +€5,527 | +40.1% |
| Furniture and vehicles | 24 | €4,132 | €3,306 | -€826 | -20.0% |
| Financial fixed assets | 28 | €236 | €236 | = | 0.0% |
| Current assets | 29/58 | €452,638 | €468,991 | +€16,353 | +3.6% |
| Stocks and contracts in progress | 3 | €74,258 | €74,125 | -€133 | -0.2% |
| Stocks | 30/36 | €74,258 | €74,125 | -€133 | -0.2% |
| Amounts receivable within one year | 40/41 | €64,251 | €13,813 | -€50,438 | -78.5% |
| Trade receivables | 40 | €64,220 | €13,813 | -€50,406 | -78.5% |
| Other amounts receivable | 41 | €32 | €0 | -€32 | -100% |
| Cash at bank and in hand | 54/58 | €313,203 | €378,984 | +€65,781 | +21.0% |
| Deferred charges and accrued income | 490/1 | €926 | €2,069 | +€1,143 | +123% |
| Total equity and liabilities | 10/49 | €470,775 | €491,829 | +€21,054 | +4.5% |
| Equity | 10/15 | €378,605 | €403,800 | +€25,195 | +6.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €22,269 | €42,269 | +€20,000 | +89.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €20,409 | €40,409 | +€20,000 | +98.0% |
| Profit (loss) carried forward | 14 | €337,736 | €342,931 | +€5,195 | +1.5% |
| Provisions and deferred taxes | 16 | €12,515 | €12,515 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €12,515 | €12,515 | = | 0.0% |
| Other liabilities and charges | 164/5 | €12,515 | €12,515 | = | 0.0% |
| Amounts payable | 17/49 | €79,655 | €75,514 | -€4,141 | -5.2% |
| Amounts payable within one year | 42/48 | €79,655 | €75,197 | -€4,457 | -5.6% |
| Trade debts | 44 | €9,350 | €1,965 | -€7,385 | -79.0% |
| Suppliers | 440/4 | €9,350 | €1,965 | -€7,385 | -79.0% |
| Taxes, remuneration and social security | 45 | €19,912 | €10,085 | -€9,827 | -49.4% |
| Taxes | 450/3 | €19,912 | €10,085 | -€9,827 | -49.4% |
| Other amounts payable | 47/48 | €50,393 | €63,147 | +€12,755 | +25.3% |
| Accrued charges and deferred income | 492/3 | - | €316 | +€316 | |
| Non-recurring operating income | 76A | - | €5,479 | +€5,479 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,800 | €2,800 | +€1,000 | +55.5% |
| Other operating charges | 640/8 | €1,228 | €894 | -€334 | -27.2% |
| Gross operating margin | 9900 | €40,857 | €51,292 | +€10,435 | +25.5% |
| Operating profit (loss) | 9901 | €37,829 | €47,599 | +€9,770 | +25.8% |
| Financial income | 75/76B | €3,648 | €4,510 | +€861 | +23.6% |
| Recurring financial income | 75 | €3,648 | €4,510 | +€861 | +23.6% |
| Financial charges | 65/66B | €859 | €893 | +€34 | +4.0% |
| Recurring financial charges | 65 | €859 | €893 | +€34 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €40,618 | €51,216 | +€10,597 | +26.1% |
| Income taxes | 67/77 | €10,368 | €11,021 | +€653 | +6.3% |
| Profit (loss) for the period | 9904 | €30,251 | €40,195 | +€9,944 | +32.9% |
| Profit (loss) for the period to be appropriated | 9905 | €30,251 | €40,195 | +€9,944 | +32.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.