VZB Equestrian: what changed
Two fiscal 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.
VZB Equestrian
Largest movements
- Stocks and contracts +€20,000
new in 2023: €20,000
- Cash +€11,828
up €11,828 (+221.2%), from €5,346 to €17,174
mainly Net result for the year (+€21,238) and Other debts (+€19,842)
- Receivables within one year +€7,833
up €7,833 (+226.8%), from €3,453 to €11,286
- Profit (loss) carried forward +€21,238
up €21,238 (+628.5%), from €3,379 to €24,617
- Other debts +€19,842
new in 2023: €19,842
- Tax, wage and social debts -€840
no longer reported in 2023 (was €840)
- Trade debts -€579
no longer reported in 2023 (was €579)
- Gross operating margin +€18,748
up €18,748 (+541.7%), from €3,461 to €22,209
- Turnover -€4,000
no longer reported in 2023 (was €4,000)
- Taxes +€902
new in 2023: €902
- Purchases and services -€539
no longer reported in 2023 (was €539)
From the 2022 result to the 2023 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.
Cash bridge derived
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,799 | €48,460 | +€39,661 | +450.7% |
| Current assets | 29/58 | €8,799 | €48,460 | +€39,661 | +450.7% |
| Stocks and contracts in progress | 3 | - | €20,000 | +€20,000 | |
| Stocks | 30/36 | - | €20,000 | +€20,000 | |
| Amounts receivable within one year | 40/41 | €3,453 | €11,286 | +€7,833 | +226.8% |
| Other amounts receivable | 41 | €3,453 | €11,286 | +€7,833 | +226.8% |
| Cash at bank and in hand | 54/58 | €5,346 | €17,174 | +€11,828 | +221.2% |
| Total equity and liabilities | 10/49 | €8,799 | €48,460 | +€39,661 | +450.7% |
| Equity | 10/15 | €7,379 | €28,617 | +€21,238 | +287.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,379 | €24,617 | +€21,238 | +628.5% |
| Amounts payable | 17/49 | €1,420 | €19,843 | +€18,423 | +1297.4% |
| Amounts payable within one year | 42/48 | €1,419 | €19,842 | +€18,423 | +1298.3% |
| Trade debts | 44 | €579 | - | -€579 | |
| Suppliers | 440/4 | €579 | - | -€579 | |
| Taxes, remuneration and social security | 45 | €840 | - | -€840 | |
| Taxes | 450/3 | €840 | - | -€840 | |
| Other amounts payable | 47/48 | - | €19,842 | +€19,842 | |
| Accrued charges and deferred income | 492/3 | €1 | €1 | = | 0.0% |
| Turnover | 70 | €4,000 | - | -€4,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €539 | - | -€539 | |
| Gross operating margin | 9900 | €3,461 | €22,209 | +€18,748 | +541.7% |
| Operating profit (loss) | 9901 | €3,461 | €22,209 | +€18,748 | +541.7% |
| Financial charges | 65/66B | €67 | €69 | +€2 | +3.0% |
| Recurring financial charges | 65 | €67 | €69 | +€2 | +3.0% |
| Profit (loss) for the period before taxes | 9903 | €3,394 | €22,140 | +€18,746 | +552.3% |
| Income taxes | 67/77 | - | €902 | +€902 | |
| Profit (loss) for the period | 9904 | €3,394 | €21,238 | +€17,844 | +525.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,394 | €21,238 | +€17,844 | +525.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.