VIBE CONSTRUCT: 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.
VIBE CONSTRUCT
Largest movements
- Receivables within one year +€31,893
up €31,893 (+42.5%), from €75,051 to €106,945
of which Other amounts receivable: +€30,504
- Cash +€6,315
new in 2025: €6,315
mainly Net result for the year (+€51,368) and Trade debts (+€978)
- Reserves +€51,368
up €51,368 (+151%), from €33,969 to €85,337
- Tax, wage and social debts -€8,239
down €8,239 (-29.8%), from €27,607 to €19,369
- Short-term financial debts -€5,179
down €5,179 (-100%), from €5,179 to €0
- Gross operating margin +€43,593
up €43,593 (+209%), from €20,825 to €64,418
- Taxes +€12,144
up €12,144 (+323%), from €3,761 to €15,905
- Other operating charges -€1,676
down €1,676 (-67.1%), from €2,498 to €822
- Financial charges -€1,117
down €1,117 (-68.9%), from €1,622 to €505
- Financial income +€820
up €820 (+20.8%), from €3,941 to €4,761
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 | €79,092 | €118,021 | +€38,929 | +49.2% |
| Current assets | 29/58 | €79,092 | €118,021 | +€38,929 | +49.2% |
| Amounts receivable within one year | 40/41 | €75,051 | €106,945 | +€31,893 | +42.5% |
| Trade receivables | 40 | €12,000 | €13,390 | +€1,390 | +11.6% |
| Other amounts receivable | 41 | €63,051 | €93,555 | +€30,504 | +48.4% |
| Current investments | 50/53 | €100 | - | -€100 | |
| Cash at bank and in hand | 54/58 | - | €6,315 | +€6,315 | |
| Deferred charges and accrued income | 490/1 | €3,941 | €4,761 | +€821 | +20.8% |
| Total equity and liabilities | 10/49 | €79,092 | €118,021 | +€38,929 | +49.2% |
| Equity | 10/15 | €36,969 | €88,337 | +€51,368 | +139% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €33,969 | €85,337 | +€51,368 | +151% |
| Distributable reserves | 133 | €33,969 | €85,337 | +€51,368 | +151% |
| Amounts payable | 17/49 | €42,123 | €29,684 | -€12,439 | -29.5% |
| Amounts payable within one year | 42/48 | €42,123 | €29,684 | -€12,439 | -29.5% |
| Financial debts | 43 | €5,179 | €0 | -€5,179 | -100% |
| Credit institutions | 430/8 | €5,179 | €0 | -€5,179 | -100% |
| Trade debts | 44 | €9,337 | €10,315 | +€978 | +10.5% |
| Suppliers | 440/4 | €9,337 | €10,315 | +€978 | +10.5% |
| Taxes, remuneration and social security | 45 | €27,607 | €19,369 | -€8,239 | -29.8% |
| Taxes | 450/3 | €27,607 | €19,369 | -€8,239 | -29.8% |
| Remuneration, social security and pensions | 62 | - | €579 | +€579 | |
| Other operating charges | 640/8 | €2,498 | €822 | -€1,676 | -67.1% |
| Non-recurring operating charges | 66A | €16,410 | €0 | -€16,410 | -100% |
| Gross operating margin | 9900 | €20,825 | €64,418 | +€43,593 | +209% |
| Operating profit (loss) | 9901 | €1,917 | €63,017 | +€61,100 | +3,188% |
| Financial income | 75/76B | €3,941 | €4,761 | +€820 | +20.8% |
| Recurring financial income | 75 | €3,941 | €4,761 | +€820 | +20.8% |
| Financial charges | 65/66B | €1,622 | €505 | -€1,117 | -68.9% |
| Recurring financial charges | 65 | €1,622 | €505 | -€1,117 | -68.9% |
| Profit (loss) for the period before taxes | 9903 | €4,235 | €67,273 | +€63,038 | +1,488% |
| Income taxes | 67/77 | €3,761 | €15,905 | +€12,144 | +323% |
| Profit (loss) for the period | 9904 | €475 | €51,368 | +€50,894 | +10,723% |
| Profit (loss) for the period to be appropriated | 9905 | €475 | €51,368 | +€50,894 | +10,723% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.