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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.

What changed

V.D.S.

BE 0437.152.175
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€41,589
2024 · -€20-€41,570
Equity
-
2024 · €41,589-€41,589
Cash
-
not filed
Balance sheet total
-
2024 · €41,589-€41,589

Largest movements

2024 to 2025
Assets
  • Receivables within one year -€41,589

    no longer reported in 2025 (was €41,589)

Equity and liabilities
  • Profit (loss) carried forward -€41,589

    down €41,589 (-137.4%), from -€30,276 to -€71,865

Income statement
  • Gross operating margin -€41,589

    new in 2025: -€41,589

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€20
Financial charges +€20
Not broken down -€41,589
Result 2025 -€41,589

Cash bridge derived

cash 2024 to 2025

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 19 lines
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.