Vygor: 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.
Vygor
Largest movements
- Cash -€112,928
down €112,928 (-66.5%), from €169,771 to €56,842
mainly Current investments (-€105,883) and Contributions, distributions and other (-€41,359)
- Current investments +€105,883
up €105,883 (+666%), from €15,907 to €121,789
- Tangible fixed assets -€17,088
down €17,088 (-3.3%), from €514,247 to €497,159
of which Land and buildings: -€15,179
- Debts after one year -€30,897
down €30,897 (-11.9%), from €259,855 to €228,959
- Gross operating margin -€12,595
down €12,595 (-10.9%), from €115,117 to €102,522
- Financial charges +€2,520
up €2,520 (+13.3%), from €18,999 to €21,519
- Depreciation -€2,444
down €2,444 (-9.4%), from €26,032 to €23,589
- Taxes -€2,415
down €2,415 (-13.2%), from €18,308 to €15,894
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 | €699,925 | €675,791 | -€24,133 | -3.4% |
| Fixed assets | 21/28 | €514,247 | €497,159 | -€17,088 | -3.3% |
| Tangible fixed assets | 22/27 | €514,247 | €497,159 | -€17,088 | -3.3% |
| Land and buildings | 22 | €484,462 | €469,283 | -€15,179 | -3.1% |
| Plant, machinery and equipment | 23 | €1,745 | €1,297 | -€447 | -25.6% |
| Furniture and vehicles | 24 | €2,476 | €6,077 | +€3,601 | +145% |
| Other tangible fixed assets | 26 | €25,564 | €20,501 | -€5,063 | -19.8% |
| Current assets | 29/58 | €185,677 | €178,632 | -€7,046 | -3.8% |
| Current investments | 50/53 | €15,907 | €121,789 | +€105,883 | +666% |
| Cash at bank and in hand | 54/58 | €169,771 | €56,842 | -€112,928 | -66.5% |
| Total equity and liabilities | 10/49 | €699,925 | €675,791 | -€24,133 | -3.4% |
| Equity | 10/15 | €260,398 | €258,005 | -€2,393 | -0.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €241,798 | €239,405 | -€2,393 | -1.0% |
| Distributable reserves | 133 | €241,798 | €239,405 | -€2,393 | -1.0% |
| Amounts payable | 17/49 | €439,526 | €417,786 | -€21,740 | -4.9% |
| Amounts payable after more than one year | 17 | €259,855 | €228,959 | -€30,897 | -11.9% |
| Financial debts | 170/4 | €259,855 | €228,959 | -€30,897 | -11.9% |
| Amounts payable within one year | 42/48 | €171,182 | €178,052 | +€6,871 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | €29,974 | €30,897 | +€922 | +3.1% |
| Taxes, remuneration and social security | 45 | €6,925 | €5,875 | -€1,050 | -15.2% |
| Taxes | 450/3 | €6,925 | €5,875 | -€1,050 | -15.2% |
| Other amounts payable | 47/48 | €134,282 | €141,281 | +€6,998 | +5.2% |
| Accrued charges and deferred income | 492/3 | €8,489 | €10,775 | +€2,286 | +26.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,032 | €23,589 | -€2,444 | -9.4% |
| Other operating charges | 640/8 | €2,909 | €3,137 | +€228 | +7.8% |
| Gross operating margin | 9900 | €115,117 | €102,522 | -€12,595 | -10.9% |
| Operating profit (loss) | 9901 | €86,176 | €75,797 | -€10,379 | -12.0% |
| Financial income | 75/76B | €705 | €582 | -€122 | -17.4% |
| Recurring financial income | 75 | €705 | €582 | -€122 | -17.4% |
| Financial charges | 65/66B | €18,999 | €21,519 | +€2,520 | +13.3% |
| Recurring financial charges | 65 | €18,999 | €21,519 | +€2,520 | +13.3% |
| Profit (loss) for the period before taxes | 9903 | €67,882 | €54,860 | -€13,022 | -19.2% |
| Income taxes | 67/77 | €18,308 | €15,894 | -€2,415 | -13.2% |
| Profit (loss) for the period | 9904 | €49,573 | €38,966 | -€10,607 | -21.4% |
| Profit (loss) for the period to be appropriated | 9905 | €49,573 | €38,966 | -€10,607 | -21.4% |
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 15 October 2026 via checked.be.