V & D NAILS: 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 NAILS
Largest movements
- Cash -€52,891
down €52,891 (-54.2%), from €97,511 to €44,620
mainly Trade debts (-€51,869) and Receivables within one year (-€42,387)
- Receivables within one year +€42,387
up €42,387 (+31.9%), from €132,973 to €175,360
of which Other amounts receivable: +€30,536
- Stocks and contracts +€16,931
up €16,931 (+10.9%), from €154,961 to €171,892
- Deferred charges and accrued income +€10,049
up €10,049 (+19.8%), from €50,771 to €60,820
- Tangible fixed assets -€8,333
no longer reported in 2024 (was €8,333)
- Trade debts -€51,869
down €51,869 (-36.0%), from €144,034 to €92,166
- Tax, wage and social debts +€49,774
up €49,774 (+119.7%), from €41,571 to €91,345
of which Taxes: +€33,166
- Profit (loss) carried forward +€24,110
up €24,110 (+19.5%), from €123,487 to €147,596
- Short-term financial debts -€21,898
no longer reported in 2024 (was €21,898)
- Accrued charges and deferred income +€15,375
new in 2024: €15,375
- Staff costs -€32,304
down €32,304 (-22.9%), from €141,304 to €108,999
- Gross operating margin +€25,512
up €25,512 (+17.1%), from €149,316 to €174,829
- Taxes +€21,468
new in 2024: €21,468
- Other operating charges +€4,295
up €4,295 (+61.8%), from €6,948 to €11,244
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €448,844 | €456,986 | +€8,142 | +1.8% |
| Fixed assets | 21/28 | €12,628 | €4,295 | -€8,333 | -66.0% |
| Tangible fixed assets | 22/27 | €8,333 | - | -€8,333 | |
| Furniture and vehicles | 24 | €8,333 | - | -€8,333 | |
| Financial fixed assets | 28 | €4,295 | €4,295 | = | 0.0% |
| Current assets | 29/58 | €436,216 | €452,691 | +€16,475 | +3.8% |
| Stocks and contracts in progress | 3 | €154,961 | €171,892 | +€16,931 | +10.9% |
| Stocks | 30/36 | €154,961 | €171,892 | +€16,931 | +10.9% |
| Amounts receivable within one year | 40/41 | €132,973 | €175,360 | +€42,387 | +31.9% |
| Trade receivables | 40 | €89,285 | €101,136 | +€11,851 | +13.3% |
| Other amounts receivable | 41 | €43,688 | €74,224 | +€30,536 | +69.9% |
| Cash at bank and in hand | 54/58 | €97,511 | €44,620 | -€52,891 | -54.2% |
| Deferred charges and accrued income | 490/1 | €50,771 | €60,820 | +€10,049 | +19.8% |
| Total equity and liabilities | 10/49 | €448,844 | €456,986 | +€8,142 | +1.8% |
| Equity | 10/15 | €143,947 | €168,056 | +€24,110 | +16.7% |
| Contributions | 10/11 | €18,600 | €20,460 | +€1,860 | +10.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Contributions outside capital | 11 | - | €20,460 | +€20,460 | |
| Other | 1109/19 | - | €20,460 | +€20,460 | |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €123,487 | €147,596 | +€24,110 | +19.5% |
| Amounts payable | 17/49 | €304,898 | €288,930 | -€15,967 | -5.2% |
| Amounts payable after more than one year | 17 | €64,307 | €56,956 | -€7,350 | -11.4% |
| Financial debts | 170/4 | €64,307 | €56,956 | -€7,350 | -11.4% |
| Amounts payable within one year | 42/48 | €240,591 | €216,599 | -€23,992 | -10.0% |
| Financial debts | 43 | €21,898 | - | -€21,898 | |
| Credit institutions | 430/8 | €21,898 | - | -€21,898 | |
| Trade debts | 44 | €144,034 | €92,166 | -€51,869 | -36.0% |
| Suppliers | 440/4 | €144,034 | €92,166 | -€51,869 | -36.0% |
| Advances received on contracts in progress | 46 | €18,832 | €18,832 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €41,571 | €91,345 | +€49,774 | +119.7% |
| Taxes | 450/3 | €9,032 | €42,198 | +€33,166 | +367.2% |
| Remuneration and social security | 454/9 | €32,539 | €49,147 | +€16,608 | +51.0% |
| Other amounts payable | 47/48 | €14,256 | €14,256 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €15,375 | +€15,375 | |
| Remuneration, social security and pensions | 62 | €141,304 | €108,999 | -€32,304 | -22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,333 | €8,333 | +€0 | 0.0% |
| Other operating charges | 640/8 | €6,948 | €11,244 | +€4,295 | +61.8% |
| Gross operating margin | 9900 | €149,316 | €174,829 | +€25,512 | +17.1% |
| Operating profit (loss) | 9901 | -€7,269 | €46,253 | +€53,521 | |
| Financial income | 75/76B | €46 | €9 | -€37 | -80.1% |
| Recurring financial income | 75 | €46 | €9 | -€37 | -80.1% |
| Financial charges | 65/66B | €384 | €685 | +€301 | +78.4% |
| Recurring financial charges | 65 | €384 | €685 | +€301 | +78.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,607 | €45,577 | +€53,184 | |
| Income taxes | 67/77 | - | €21,468 | +€21,468 | |
| Profit (loss) for the period | 9904 | -€7,607 | €24,110 | +€31,716 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,607 | €24,110 | +€31,716 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.