VYP Group: 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 Group
Largest movements
- Cash +€3,650
up €3,650 (+37.4%), from €9,757 to €13,408
mainly Tax, wage and social debts (+€26,991) and Trade debts (+€21,037)
- Receivables within one year -€1,567
down €1,567 (-1.7%), from €90,830 to €89,263
of which Trade receivables: -€6,156
- Profit (loss) carried forward -€46,429
down €46,429 (-53.9%), from -€86,079 to -€132,508
- Tax, wage and social debts +€26,991
up €26,991 (+41.8%), from €64,545 to €91,536
of which Taxes: +€31,464
- Trade debts +€21,037
up €21,037 (+15.3%), from €137,333 to €158,370
- Gross operating margin +€30,630
up €30,630 (+17.0%), from €180,616 to €211,245
- Staff costs +€11,934
up €11,934 (+5.5%), from €216,544 to €228,478
- Financial charges +€10,795
up €10,795 (+206%), from €5,238 to €16,033
- Other operating charges +€4,636
up €4,636 (+49.0%), from €9,455 to €14,091
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 | €115,898 | €117,497 | +€1,599 | +1.4% |
| Fixed assets | 21/28 | €15,311 | €14,826 | -€484 | -3.2% |
| Tangible fixed assets | 22/27 | €4,176 | €3,691 | -€484 | -11.6% |
| Furniture and vehicles | 24 | €4,176 | €3,691 | -€484 | -11.6% |
| Financial fixed assets | 28 | €11,135 | €11,135 | = | 0.0% |
| Current assets | 29/58 | €100,587 | €102,670 | +€2,083 | +2.1% |
| Amounts receivable within one year | 40/41 | €90,830 | €89,263 | -€1,567 | -1.7% |
| Trade receivables | 40 | €31,814 | €25,658 | -€6,156 | -19.4% |
| Other amounts receivable | 41 | €59,016 | €63,605 | +€4,589 | +7.8% |
| Cash at bank and in hand | 54/58 | €9,757 | €13,408 | +€3,650 | +37.4% |
| Total equity and liabilities | 10/49 | €115,898 | €117,497 | +€1,599 | +1.4% |
| Equity | 10/15 | -€85,980 | -€132,409 | -€46,429 | -54.0% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €98 | €98 | = | 0.0% |
| Distributable reserves | 133 | €98 | €98 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€86,079 | -€132,508 | -€46,429 | -53.9% |
| Amounts payable | 17/49 | €201,878 | €249,906 | +€48,028 | +23.8% |
| Amounts payable within one year | 42/48 | €201,878 | €249,906 | +€48,028 | +23.8% |
| Trade debts | 44 | €137,333 | €158,370 | +€21,037 | +15.3% |
| Suppliers | 440/4 | €137,333 | €158,370 | +€21,037 | +15.3% |
| Taxes, remuneration and social security | 45 | €64,545 | €91,536 | +€26,991 | +41.8% |
| Taxes | 450/3 | €51,938 | €83,402 | +€31,464 | +60.6% |
| Remuneration and social security | 454/9 | €12,607 | €8,134 | -€4,473 | -35.5% |
| Remuneration, social security and pensions | 62 | €216,544 | €228,478 | +€11,934 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,938 | €1,909 | -€29 | -1.5% |
| Other operating charges | 640/8 | €9,455 | €14,091 | +€4,636 | +49.0% |
| Non-recurring operating charges | 66A | €2,516 | - | -€2,516 | |
| Gross operating margin | 9900 | €180,616 | €211,245 | +€30,630 | +17.0% |
| Operating profit (loss) | 9901 | -€49,838 | -€33,233 | +€16,605 | +33.3% |
| Financial income | 75/76B | €3,266 | €2,838 | -€428 | -13.1% |
| Recurring financial income | 75 | €3,266 | €2,838 | -€428 | -13.1% |
| Financial charges | 65/66B | €5,238 | €16,033 | +€10,795 | +206% |
| Recurring financial charges | 65 | €5,238 | €16,033 | +€10,795 | +206% |
| Profit (loss) for the period before taxes | 9903 | -€51,811 | -€46,429 | +€5,382 | +10.4% |
| Profit (loss) for the period | 9904 | -€51,811 | -€46,429 | +€5,382 | +10.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€51,811 | -€46,429 | +€5,382 | +10.4% |
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 19 October 2026 via checked.be.