V.D.V. SERVICES: 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.
What changed
V.D.V. SERVICES
NACE 62.200, Computer consultancy and computer facilities management
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€85,108
2024 · €5.3m-€5.2m
Equity
€6.1m
2024 · €6.0m+€55,068
Cash
€342,573
2024 · €634,393-€291,820
Balance sheet total
€6.2m
2024 · €6.8m-€541,993
Largest movements
Assets
- Current investments -€763,326
down €763,326 (-15.3%), from €5.0m to €4.2m
- Receivables after one year +€500,000
up €500,000 (+50.0%), from €1.0m to €1.5m
- Cash -€291,820
down €291,820 (-46.0%), from €634,393 to €342,573
mainly Tax, wage and social debts (-€520,714) and Receivables after one year (-€500,000)
Equity and liabilities
- Tax, wage and social debts -€520,714
down €520,714 (-95.3%), from €546,161 to €25,447
of which Taxes: -€523,244
Income statement
- Financial income -€5.7m
down €5.7m (-97.2%), from €5.8m to €163,015
- Taxes -€483,636
down €483,636 (-91.1%), from €530,680 to €47,044
- Gross operating margin +€48,353
up €48,353 (+183.4%), from €26,361 to €74,714
- Financial charges +€13,443
up €13,443 (+783.3%), from €1,716 to €15,159
- Depreciation +€8,938
up €8,938 (+101.6%), from €8,801 to €17,738
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.
Result 2024
€5.3m
Gross operating margin
+€48,353
Staff costs
-€361
Depreciation
-€8,938
Other operating charges
+€1,383
Financial income
-€5.7m
Financial charges
-€13,443
Taxes
+€483,636
Result 2025
€85,108
Cash bridge derived
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.
From operations
-€1.0m
Investment
+€763,326
Financing
-€44,632
Cash 2024
€634,393
From operations (derived)
-€1.0m
Net result for the year
+€85,108
Depreciation
+€17,738
Receivables after one year
-€500,000
Receivables within one year
+€7,034
Deferred charges and accrued income
-€37,925
Trade debts
-€59,707
Tax, wage and social debts
-€520,714
Other debts
+€3,538
Accrued charges and deferred income
-€5,586
Investment (derived)
+€763,326
Current investments
+€763,326
Financing
-€44,632
Debts after one year
-€15,062
Current portion of long-term debt
+€471
Contributions, distributions and other
-€30,040
Cash 2025
€342,573
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,750,648 | €6,208,655 | -€541,993 | -8.0% |
| Fixed assets | 21/28 | €61,123 | €43,385 | -€17,738 | -29.0% |
| Tangible fixed assets | 22/27 | €61,012 | €43,274 | -€17,738 | -29.1% |
| Plant, machinery and equipment | 23 | €2,519 | €1,595 | -€924 | -36.7% |
| Furniture and vehicles | 24 | €58,493 | €41,679 | -€16,814 | -28.7% |
| Financial fixed assets | 28 | €112 | €112 | = | 0.0% |
| Current assets | 29/58 | €6,689,524 | €6,165,270 | -€524,255 | -7.8% |
| Amounts receivable after more than one year | 29 | €1,000,000 | €1,500,000 | +€500,000 | +50.0% |
| Other amounts receivable | 291 | €1,000,000 | €1,500,000 | +€500,000 | +50.0% |
| Amounts receivable within one year | 40/41 | €47,328 | €40,294 | -€7,034 | -14.9% |
| Trade receivables | 40 | €47,304 | €39,663 | -€7,641 | -16.2% |
| Other amounts receivable | 41 | €24 | €632 | +€607 | +2499.3% |
| Current investments | 50/53 | €5,000,000 | €4,236,674 | -€763,326 | -15.3% |
| Cash at bank and in hand | 54/58 | €634,393 | €342,573 | -€291,820 | -46.0% |
| Deferred charges and accrued income | 490/1 | €7,803 | €45,729 | +€37,925 | +486.0% |
| Total equity and liabilities | 10/49 | €6,750,648 | €6,208,655 | -€541,993 | -8.0% |
| Equity | 10/15 | €6,042,572 | €6,097,640 | +€55,068 | +0.9% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €4,919 | €4,919 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,808 | €3,808 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,808 | €3,808 | = | 0.0% |
| Distributable reserves | 133 | €1,111 | €1,111 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,018,653 | €6,073,721 | +€55,068 | +0.9% |
| Amounts payable | 17/49 | €708,075 | €111,015 | -€597,061 | -84.3% |
| Amounts payable after more than one year | 17 | €41,762 | €26,700 | -€15,062 | -36.1% |
| Financial debts | 170/4 | €41,762 | €26,700 | -€15,062 | -36.1% |
| Amounts payable within one year | 42/48 | €644,837 | €68,424 | -€576,412 | -89.4% |
| Current portion of amounts payable after more than one year | 42 | €14,592 | €15,062 | +€471 | +3.2% |
| Trade debts | 44 | €68,254 | €8,547 | -€59,707 | -87.5% |
| Suppliers | 440/4 | €68,254 | €8,547 | -€59,707 | -87.5% |
| Taxes, remuneration and social security | 45 | €546,161 | €25,447 | -€520,714 | -95.3% |
| Taxes | 450/3 | €534,233 | €10,989 | -€523,244 | -97.9% |
| Remuneration and social security | 454/9 | €11,928 | €14,457 | +€2,530 | +21.2% |
| Other amounts payable | 47/48 | €15,830 | €19,368 | +€3,538 | +22.4% |
| Accrued charges and deferred income | 492/3 | €21,477 | €15,890 | -€5,586 | -26.0% |
| Non-recurring operating income | 76A | €7,000 | - | -€7,000 | |
| Remuneration, social security and pensions | 62 | €71,042 | €71,403 | +€361 | +0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,801 | €17,738 | +€8,938 | +101.6% |
| Other operating charges | 640/8 | €2,659 | €1,276 | -€1,383 | -52.0% |
| Gross operating margin | 9900 | €26,361 | €74,714 | +€48,353 | +183.4% |
| Operating profit (loss) | 9901 | -€56,141 | -€15,704 | +€40,437 | +72.0% |
| Financial income | 75/76B | €5,847,355 | €163,015 | -€5.7m | -97.2% |
| Recurring financial income | 75 | €5,847,355 | €163,015 | -€5.7m | -97.2% |
| Financial charges | 65/66B | €1,716 | €15,159 | +€13,443 | +783.3% |
| Recurring financial charges | 65 | €1,716 | €15,159 | +€13,443 | +783.3% |
| Profit (loss) for the period before taxes | 9903 | €5,789,498 | €132,152 | -€5.7m | -97.7% |
| Income taxes | 67/77 | €530,680 | €47,044 | -€483,636 | -91.1% |
| Profit (loss) for the period | 9904 | €5,258,818 | €85,108 | -€5.2m | -98.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,258,818 | €85,108 | -€5.2m | -98.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.