VYP: 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.
VYP
Largest movements
- Tangible fixed assets -€9,153
down €9,153 (-76.4%), from €11,974 to €2,821
- Receivables within one year -€4,550
down €4,550 (-45.7%), from €9,965 to €5,415
of which Trade receivables: -€6,453
- Cash +€2,994
up €2,994 (+41.4%), from €7,234 to €10,228
mainly Net result for the year (+€16,657) and Depreciation (+€9,153)
- Trade debts -€12,163
down €12,163 (-96.2%), from €12,648 to €485
- Tax, wage and social debts +€6,895
up €6,895 (+86.7%), from €7,955 to €14,850
of which Taxes: +€6,895
- Current portion of long-term debt -€3,344
down €3,344 (-53.6%), from €6,234 to €2,890
- Other debts -€2,872
no longer reported in 2025 (was €2,872)
- Gross operating margin +€26,394
up €26,394 (+144%), from €18,290 to €44,684
- Depreciation +€5,788
up €5,788 (+172%), from €3,365 to €9,153
- Taxes +€4,531
up €4,531 (+112%), from €4,046 to €8,577
- Financial charges +€3,602
up €3,602 (+122%), from €2,942 to €6,544
- Other operating charges +€3,338
up €3,338 (+795%), from €420 to €3,758
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 | €115,078 | €104,369 | -€10,709 | -9.3% |
| Fixed assets | 21/28 | €97,879 | €88,726 | -€9,153 | -9.4% |
| Tangible fixed assets | 22/27 | €11,974 | €2,821 | -€9,153 | -76.4% |
| Furniture and vehicles | 24 | €11,974 | €2,821 | -€9,153 | -76.4% |
| Financial fixed assets | 28 | €85,905 | €85,905 | = | 0.0% |
| Current assets | 29/58 | €17,199 | €15,643 | -€1,556 | -9.0% |
| Amounts receivable within one year | 40/41 | €9,965 | €5,415 | -€4,550 | -45.7% |
| Trade receivables | 40 | €9,965 | €3,512 | -€6,453 | -64.8% |
| Other amounts receivable | 41 | - | €1,903 | +€1,903 | |
| Cash at bank and in hand | 54/58 | €7,234 | €10,228 | +€2,994 | +41.4% |
| Total equity and liabilities | 10/49 | €115,078 | €104,369 | -€10,709 | -9.3% |
| Equity | 10/15 | €23,517 | €24,292 | +€775 | +3.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,550 | - | -€18,550 | |
| Uncalled capital | 101 | €12,350 | - | -€12,350 | |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | - | -€1,855 | |
| Legal reserve | 130 | €1,855 | - | -€1,855 | |
| Distributable reserves | 133 | - | €1,855 | +€1,855 | |
| Profit (loss) carried forward | 14 | €15,462 | €16,237 | +€775 | +5.0% |
| Amounts payable | 17/49 | €91,561 | €80,077 | -€11,484 | -12.5% |
| Amounts payable after more than one year | 17 | €61,852 | €61,852 | = | 0.0% |
| Financial debts | 170/4 | €61,852 | €61,852 | = | 0.0% |
| Amounts payable within one year | 42/48 | €29,709 | €18,225 | -€11,484 | -38.7% |
| Current portion of amounts payable after more than one year | 42 | €6,234 | €2,890 | -€3,344 | -53.6% |
| Trade debts | 44 | €12,648 | €485 | -€12,163 | -96.2% |
| Suppliers | 440/4 | €12,648 | €485 | -€12,163 | -96.2% |
| Taxes, remuneration and social security | 45 | €7,955 | €14,850 | +€6,895 | +86.7% |
| Taxes | 450/3 | €6,455 | €13,350 | +€6,895 | +107% |
| Remuneration and social security | 454/9 | €1,500 | €1,500 | = | 0.0% |
| Other amounts payable | 47/48 | €2,872 | - | -€2,872 | |
| Non-recurring operating income | 76A | - | €11,430 | +€11,430 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,365 | €9,153 | +€5,788 | +172% |
| Other operating charges | 640/8 | €420 | €3,758 | +€3,338 | +795% |
| Gross operating margin | 9900 | €18,290 | €44,684 | +€26,394 | +144% |
| Operating profit (loss) | 9901 | €14,505 | €31,773 | +€17,268 | +119% |
| Financial income | 75/76B | €2 | €5 | +€3 | +150% |
| Recurring financial income | 75 | €2 | €5 | +€3 | +150% |
| Financial charges | 65/66B | €2,942 | €6,544 | +€3,602 | +122% |
| Recurring financial charges | 65 | €2,942 | €6,544 | +€3,602 | +122% |
| Profit (loss) for the period before taxes | 9903 | €11,565 | €25,234 | +€13,669 | +118% |
| Income taxes | 67/77 | €4,046 | €8,577 | +€4,531 | +112% |
| Profit (loss) for the period | 9904 | €7,519 | €16,657 | +€9,138 | +122% |
| Profit (loss) for the period to be appropriated | 9905 | €7,519 | €16,657 | +€9,138 | +122% |
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 15 October 2026 via checked.be.