VD.B: 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.
VD.B
Largest movements
- Cash +€32,253
up €32,253 (+293.1%), from €11,003 to €43,255
mainly Net result for the year (+€29,589) and Depreciation (+€7,241)
- Receivables within one year +€7,701
up €7,701 (+14.8%), from €51,973 to €59,674
of which Trade receivables: +€7,701
- Tangible fixed assets -€7,241
no longer reported in 2024 (was €7,241)
- Profit (loss) carried forward +€29,589
up €29,589 (+47.9%), from -€61,725 to -€32,136
- Trade debts +€2,948
up €2,948 (+75.7%), from €3,892 to €6,839
- Gross operating margin +€31,002
up €31,002 (+448.3%), from €6,915 to €37,918
- Depreciation -€20,563
down €20,563 (-74.0%), from €27,803 to €7,241
- Other operating charges +€790
up €790 (+2999.1%), from €26 to €816
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 | €70,965 | €103,676 | +€32,711 | +46.1% |
| Fixed assets | 21/28 | €7,241 | - | -€7,241 | |
| Tangible fixed assets | 22/27 | €7,241 | - | -€7,241 | |
| Furniture and vehicles | 24 | €7,241 | - | -€7,241 | |
| Current assets | 29/58 | €63,724 | €103,676 | +€39,952 | +62.7% |
| Amounts receivable within one year | 40/41 | €51,973 | €59,674 | +€7,701 | +14.8% |
| Trade receivables | 40 | €3,570 | €11,272 | +€7,701 | +215.7% |
| Other amounts receivable | 41 | €48,402 | €48,402 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €11,003 | €43,255 | +€32,253 | +293.1% |
| Deferred charges and accrued income | 490/1 | €749 | €747 | -€2 | -0.3% |
| Total equity and liabilities | 10/49 | €70,965 | €103,676 | +€32,711 | +46.1% |
| Equity | 10/15 | -€225 | €29,364 | +€29,589 | |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | - | €61,500 | +€61,500 | |
| Issued capital | 100 | - | €61,500 | +€61,500 | |
| Profit (loss) carried forward | 14 | -€61,725 | -€32,136 | +€29,589 | +47.9% |
| Amounts payable | 17/49 | €71,190 | €74,312 | +€3,122 | +4.4% |
| Amounts payable within one year | 42/48 | €71,190 | €73,905 | +€2,714 | +3.8% |
| Trade debts | 44 | €3,892 | €6,839 | +€2,948 | +75.7% |
| Suppliers | 440/4 | €3,892 | €6,839 | +€2,948 | +75.7% |
| Taxes, remuneration and social security | 45 | €5,572 | €5,162 | -€410 | -7.4% |
| Taxes | 450/3 | €3,272 | €5,162 | +€1,890 | +57.8% |
| Remuneration and social security | 454/9 | €2,300 | - | -€2,300 | |
| Other amounts payable | 47/48 | €61,727 | €61,904 | +€176 | +0.3% |
| Accrued charges and deferred income | 492/3 | - | €408 | +€408 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,803 | €7,241 | -€20,563 | -74.0% |
| Other operating charges | 640/8 | €26 | €816 | +€790 | +2999.1% |
| Non-recurring operating charges | 66A | €300 | - | -€300 | |
| Gross operating margin | 9900 | €6,915 | €37,918 | +€31,002 | +448.3% |
| Operating profit (loss) | 9901 | -€21,214 | €29,861 | +€51,075 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -83.3% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -83.3% |
| Financial charges | 65/66B | €383 | €272 | -€111 | -28.9% |
| Recurring financial charges | 65 | €383 | €272 | -€111 | -28.9% |
| Profit (loss) for the period before taxes | 9903 | -€21,596 | €29,589 | +€51,186 | |
| Profit (loss) for the period | 9904 | -€21,596 | €29,589 | +€51,186 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,596 | €29,589 | +€51,186 |
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 9 October 2026 via checked.be.