V.D.S.: what changed
Two fiscal 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.S.
Largest movements
- Receivables within one year -€41,589
no longer reported in 2025 (was €41,589)
- Profit (loss) carried forward -€41,589
down €41,589 (-137.4%), from -€30,276 to -€71,865
- Gross operating margin -€41,589
new in 2025: -€41,589
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.
Cash bridge derived
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 | €41,589 | - | -€41,589 | |
| Current assets | 29/58 | €41,589 | - | -€41,589 | |
| Amounts receivable within one year | 40/41 | €41,589 | - | -€41,589 | |
| Trade receivables | 40 | €41,589 | - | -€41,589 | |
| Total equity and liabilities | 10/49 | €41,589 | - | -€41,589 | |
| Equity | 10/15 | €41,589 | - | -€41,589 | |
| Contributions | 10/11 | €27,268 | €27,268 | = | 0.0% |
| Reserves | 13 | €44,597 | €44,597 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,727 | €2,727 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,727 | €2,727 | = | 0.0% |
| Distributable reserves | 133 | €41,870 | €41,870 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,276 | -€71,865 | -€41,589 | -137.4% |
| Gross operating margin | 9900 | - | -€41,589 | -€41,589 | |
| Operating profit (loss) | 9901 | - | -€41,589 | -€41,589 | |
| Financial charges | 65/66B | €20 | - | -€20 | |
| Recurring financial charges | 65 | €20 | - | -€20 | |
| Profit (loss) for the period before taxes | 9903 | -€20 | -€41,589 | -€41,570 | -212960.8% |
| Profit (loss) for the period | 9904 | -€20 | -€41,589 | -€41,570 | -212960.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€20 | -€41,589 | -€41,570 | -212960.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.