V.D.I.C.: 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.I.C.
Largest movements
- Receivables within one year +€3,454
up €3,454 (+2.8%), from €124,179 to €127,633
of which Other amounts receivable: +€6,127
- Profit (loss) carried forward +€12,267
up €12,267 (+13.1%), from €93,447 to €105,714
- Short-term financial debts -€7,304
no longer reported in 2025 (was €7,304)
- Write-downs -€8,379
no longer reported in 2025 (was €8,379)
- Taxes +€2,564
up €2,564 (+123%), from €2,090 to €4,654
- Gross operating margin +€1,889
up €1,889 (+11.6%), from €16,336 to €18,225
- Financial charges -€530
down €530 (-32.0%), from €1,656 to €1,126
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €124,277 | €127,633 | +€3,356 | +2.7% |
| Fixed assets | 21/28 | €98 | - | -€98 | |
| Tangible fixed assets | 22/27 | €98 | - | -€98 | |
| Plant, machinery and equipment | 23 | €98 | - | -€98 | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €124,179 | €127,633 | +€3,454 | +2.8% |
| Amounts receivable within one year | 40/41 | €124,179 | €127,633 | +€3,454 | +2.8% |
| Trade receivables | 40 | €2,673 | - | -€2,673 | |
| Other amounts receivable | 41 | €121,506 | €127,633 | +€6,127 | +5.0% |
| Total equity and liabilities | 10/49 | €124,277 | €127,633 | +€3,356 | +2.7% |
| Equity | 10/15 | €99,647 | €111,914 | +€12,267 | +12.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €93,447 | €105,714 | +€12,267 | +13.1% |
| Amounts payable | 17/49 | €24,630 | €15,719 | -€8,911 | -36.2% |
| Amounts payable within one year | 42/48 | €24,630 | €15,719 | -€8,911 | -36.2% |
| Current portion of amounts payable after more than one year | 42 | €959 | - | -€959 | |
| Financial debts | 43 | €7,304 | - | -€7,304 | |
| Credit institutions | 430/8 | €7,304 | - | -€7,304 | |
| Trade debts | 44 | €4,418 | €4,575 | +€157 | +3.6% |
| Suppliers | 440/4 | €4,418 | €4,575 | +€157 | +3.6% |
| Taxes, remuneration and social security | 45 | €11,949 | €11,144 | -€805 | -6.7% |
| Taxes | 450/3 | €11,949 | €11,144 | -€805 | -6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €183 | €98 | -€85 | -46.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,379 | - | -€8,379 | |
| Other operating charges | 640/8 | €80 | €80 | = | 0.0% |
| Gross operating margin | 9900 | €16,336 | €18,225 | +€1,889 | +11.6% |
| Operating profit (loss) | 9901 | €7,694 | €18,047 | +€10,353 | +135% |
| Financial charges | 65/66B | €1,656 | €1,126 | -€530 | -32.0% |
| Recurring financial charges | 65 | €1,656 | €1,126 | -€530 | -32.0% |
| Profit (loss) for the period before taxes | 9903 | €6,038 | €16,921 | +€10,883 | +180% |
| Income taxes | 67/77 | €2,090 | €4,654 | +€2,564 | +123% |
| Profit (loss) for the period | 9904 | €3,948 | €12,267 | +€8,319 | +211% |
| Profit (loss) for the period to be appropriated | 9905 | €3,948 | €12,267 | +€8,319 | +211% |
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 20 October 2026 via checked.be.