V.D.B. RENT: 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.
V.D.B. RENT
Largest movements
- Tangible fixed assets -€45,608
down €45,608 (-14.9%), from €306,149 to €260,541
of which Plant, machinery and equipment: -€38,588
- Receivables within one year -€6,499
down €6,499 (-41.5%), from €15,650 to €9,152
of which Other amounts receivable: -€5,704
- Debts after one year -€23,230
down €23,230 (-13.9%), from €167,598 to €144,368
- Reserves -€18,180
down €18,180 (-59.7%), from €30,450 to €12,270
- Other debts -€10,404
down €10,404 (-12.8%), from €81,566 to €71,162
- Gross operating margin -€23,015
down €23,015 (-71.5%), from €32,174 to €9,159
- Purchases and services +€16,671
up €16,671 (+161%), from €10,356 to €27,026
- Turnover -€15,723
down €15,723 (-37.0%), from €42,530 to €26,807
- Depreciation -€3,573
down €3,573 (-17.2%), from €20,746 to €17,173
- Other operating charges +€2,825
up €2,825 (+139%), from €2,029 to €4,854
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 | €324,122 | €271,661 | -€52,461 | -16.2% |
| Fixed assets | 21/28 | €306,149 | €260,541 | -€45,608 | -14.9% |
| Tangible fixed assets | 22/27 | €306,149 | €260,541 | -€45,608 | -14.9% |
| Land and buildings | 22 | €214,769 | €208,560 | -€6,209 | -2.9% |
| Plant, machinery and equipment | 23 | €90,569 | €51,981 | -€38,588 | -42.6% |
| Furniture and vehicles | 24 | €811 | - | -€811 | |
| Current assets | 29/58 | €17,974 | €11,120 | -€6,853 | -38.1% |
| Amounts receivable within one year | 40/41 | €15,650 | €9,152 | -€6,499 | -41.5% |
| Trade receivables | 40 | €4,773 | €3,978 | -€795 | -16.7% |
| Other amounts receivable | 41 | €10,877 | €5,174 | -€5,704 | -52.4% |
| Cash at bank and in hand | 54/58 | €2,323 | €1,969 | -€354 | -15.3% |
| Total equity and liabilities | 10/49 | €324,122 | €271,661 | -€52,461 | -16.2% |
| Equity | 10/15 | €49,050 | €30,870 | -€18,180 | -37.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €30,450 | €12,270 | -€18,180 | -59.7% |
| Distributable reserves | 133 | €30,450 | €12,270 | -€18,180 | -59.7% |
| Amounts payable | 17/49 | €275,072 | €240,791 | -€34,281 | -12.5% |
| Amounts payable after more than one year | 17 | €167,598 | €144,368 | -€23,230 | -13.9% |
| Financial debts | 170/4 | €167,598 | €144,368 | -€23,230 | -13.9% |
| Amounts payable within one year | 42/48 | €107,474 | €96,423 | -€11,051 | -10.3% |
| Current portion of amounts payable after more than one year | 42 | €22,510 | €23,230 | +€720 | +3.2% |
| Trade debts | 44 | €3,398 | €2,031 | -€1,367 | -40.2% |
| Suppliers | 440/4 | €3,398 | €2,031 | -€1,367 | -40.2% |
| Other amounts payable | 47/48 | €81,566 | €71,162 | -€10,404 | -12.8% |
| Turnover | 70 | €42,530 | €26,807 | -€15,723 | -37.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €10,356 | €27,026 | +€16,671 | +161% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,746 | €17,173 | -€3,573 | -17.2% |
| Other operating charges | 640/8 | €2,029 | €4,854 | +€2,825 | +139% |
| Gross operating margin | 9900 | €32,174 | €9,159 | -€23,015 | -71.5% |
| Operating profit (loss) | 9901 | €9,399 | -€12,868 | -€22,267 | |
| Financial charges | 65/66B | €6,397 | €5,312 | -€1,085 | -17.0% |
| Recurring financial charges | 65 | €6,397 | €5,312 | -€1,085 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | €3,002 | -€18,180 | -€21,182 | |
| Profit (loss) for the period | 9904 | €3,002 | -€18,180 | -€21,182 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,002 | -€18,180 | -€21,182 |
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 27 October 2026 via checked.be.