V.D.E. LASTECHNIEK: 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.E. LASTECHNIEK
Largest movements
- Cash -€28,730
down €28,730 (-14.3%), from €201,429 to €172,699
mainly Receivables within one year (-€24,400) and Contributions, distributions and other (-€14,955)
- Receivables within one year +€24,400
up €24,400 (+34.8%), from €70,149 to €94,549
of which Trade receivables: +€24,400
- Reserves -€7,907
down €7,907 (-8.0%), from €98,937 to €91,030
of which Distributable reserves: -€7,907
- Other debts +€4,813
up €4,813 (+8.6%), from €56,202 to €61,016
- Write-downs -€7,180
down €7,180, from €7,072 to -€108
- Gross operating margin -€5,426
down €5,426 (-29.8%), from €18,216 to €12,790
- Taxes +€812
up €812 (+24.9%), from €3,264 to €4,076
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 | €286,829 | €280,749 | -€6,080 | -2.1% |
| Fixed assets | 21/28 | €2,719 | €1,947 | -€772 | -28.4% |
| Tangible fixed assets | 22/27 | €2,719 | €1,947 | -€772 | -28.4% |
| Plant, machinery and equipment | 23 | €2,719 | €1,947 | -€772 | -28.4% |
| Current assets | 29/58 | €284,110 | €278,802 | -€5,309 | -1.9% |
| Stocks and contracts in progress | 3 | €11,740 | €10,766 | -€974 | -8.3% |
| Stocks | 30/36 | €11,740 | €10,766 | -€974 | -8.3% |
| Amounts receivable within one year | 40/41 | €70,149 | €94,549 | +€24,400 | +34.8% |
| Trade receivables | 40 | €63,413 | €87,814 | +€24,400 | +38.5% |
| Other amounts receivable | 41 | €6,736 | €6,736 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €201,429 | €172,699 | -€28,730 | -14.3% |
| Deferred charges and accrued income | 490/1 | €792 | €788 | -€5 | -0.6% |
| Total equity and liabilities | 10/49 | €286,829 | €280,749 | -€6,080 | -2.1% |
| Equity | 10/15 | €217,468 | €209,561 | -€7,907 | -3.6% |
| Contributions | 10/11 | €47,100 | €47,100 | = | 0.0% |
| Reserves | 13 | €98,937 | €91,030 | -€7,907 | -8.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €98,937 | €91,030 | -€7,907 | -8.0% |
| Profit (loss) carried forward | 14 | €71,431 | €71,431 | = | 0.0% |
| Amounts payable | 17/49 | €69,362 | €71,188 | +€1,827 | +2.6% |
| Amounts payable within one year | 42/48 | €69,362 | €71,188 | +€1,827 | +2.6% |
| Trade debts | 44 | €7,041 | €5,727 | -€1,313 | -18.7% |
| Suppliers | 440/4 | €7,041 | €5,727 | -€1,313 | -18.7% |
| Taxes, remuneration and social security | 45 | €6,119 | €4,445 | -€1,674 | -27.4% |
| Taxes | 450/3 | €6,119 | €4,445 | -€1,674 | -27.4% |
| Other amounts payable | 47/48 | €56,202 | €61,016 | +€4,813 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €772 | €772 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,072 | -€108 | -€7,180 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €1,253 | €1,221 | -€32 | -2.6% |
| Gross operating margin | 9900 | €18,216 | €12,790 | -€5,426 | -29.8% |
| Operating profit (loss) | 9901 | €9,119 | €10,906 | +€1,786 | +19.6% |
| Financial income | 75/76B | €443 | €461 | +€18 | +4.1% |
| Recurring financial income | 75 | €443 | €461 | +€18 | +4.1% |
| Financial charges | 65/66B | €278 | €243 | -€35 | -12.5% |
| Recurring financial charges | 65 | €278 | €243 | -€35 | -12.5% |
| Profit (loss) for the period before taxes | 9903 | €9,285 | €11,124 | +€1,839 | +19.8% |
| Income taxes | 67/77 | €3,264 | €4,076 | +€812 | +24.9% |
| Profit (loss) for the period | 9904 | €6,021 | €7,048 | +€1,027 | +17.1% |
| Profit (loss) for the period to be appropriated | 9905 | €6,021 | €7,048 | +€1,027 | +17.1% |
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 26 October 2026 via checked.be.