V.D.S. MANAGEMENT: 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.S. MANAGEMENT
Largest movements
- Cash -€48
down €48 (-57.6%), from €83 to €35
mainly Net result for the year (-€355)
- Profit (loss) carried forward -€355
down €355 (-0.3%), from -€113,511 to -€113,866
- Other debts +€308
up €308 (+0.6%), from €49,243 to €49,551
- Financial charges -€694
down €694 (-93.6%), from €742 to €48
- Gross operating margin +€467
up €467 (+60.3%), from -€774 to -€308
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 | €3,902 | €3,854 | -€48 | -1.2% |
| Fixed assets | 21/28 | €1,289 | €1,289 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,289 | €1,289 | = | 0.0% |
| Furniture and vehicles | 24 | €1,289 | €1,289 | = | 0.0% |
| Financial fixed assets | 28 | - | €0 | = | |
| Current assets | 29/58 | €2,613 | €2,565 | -€48 | -1.8% |
| Amounts receivable within one year | 40/41 | €2,530 | €2,530 | = | 0.0% |
| Other amounts receivable | 41 | €2,530 | €2,530 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €83 | €35 | -€48 | -57.6% |
| Total equity and liabilities | 10/49 | €3,902 | €3,854 | -€48 | -1.2% |
| Equity | 10/15 | -€45,341 | -€45,696 | -€355 | -0.8% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€113,511 | -€113,866 | -€355 | -0.3% |
| Amounts payable | 17/49 | €49,243 | €49,551 | +€308 | +0.6% |
| Amounts payable within one year | 42/48 | €49,243 | €49,551 | +€308 | +0.6% |
| Other amounts payable | 47/48 | €49,243 | €49,551 | +€308 | +0.6% |
| Gross operating margin | 9900 | -€774 | -€308 | +€467 | +60.3% |
| Operating profit (loss) | 9901 | -€774 | -€308 | +€467 | +60.3% |
| Financial charges | 65/66B | €742 | €48 | -€694 | -93.6% |
| Recurring financial charges | 65 | €742 | €48 | -€694 | -93.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,516 | -€355 | +€1,161 | +76.6% |
| Profit (loss) for the period | 9904 | -€1,516 | -€355 | +€1,161 | +76.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,516 | -€355 | +€1,161 | +76.6% |
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 13 October 2026 via checked.be.