VD HOUSE: 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.
VD HOUSE
Largest movements
- Cash +€2,248
new in 2024: €2,248
mainly Other debts (+€12,938) and Deferred charges and accrued income (+€188)
- Other debts +€12,938
up €12,938 (+157.9%), from €8,196 to €21,135
- Profit (loss) carried forward -€6,721
down €6,721, from €2,844 to -€3,877
- Current portion of long-term debt -€2,129
down €2,129 (-85.8%), from €2,481 to €352
- Trade debts -€1,998
down €1,998 (-95.4%), from €2,094 to €96
- Gross operating margin +€1,720
up €1,720 (+35.6%), from -€4,833 to -€3,113
- Financial charges -€1,458
down €1,458 (-31.2%), from €4,674 to €3,216
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 | €111,958 | €114,018 | +€2,060 | +1.8% |
| Fixed assets | 21/28 | €8,854 | €8,854 | = | 0.0% |
| Tangible fixed assets | 22/27 | €8,854 | €8,854 | = | 0.0% |
| Furniture and vehicles | 24 | €8,854 | €8,854 | = | 0.0% |
| Current assets | 29/58 | €103,104 | €105,164 | +€2,060 | +2.0% |
| Stocks and contracts in progress | 3 | €95,216 | €95,216 | = | 0.0% |
| Stocks | 30/36 | €95,216 | €95,216 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €7,700 | €7,700 | = | 0.0% |
| Other amounts receivable | 41 | €7,700 | €7,700 | = | 0.0% |
| Cash at bank and in hand | 54/58 | - | €2,248 | +€2,248 | |
| Deferred charges and accrued income | 490/1 | €188 | - | -€188 | |
| Total equity and liabilities | 10/49 | €111,958 | €114,018 | +€2,060 | +1.8% |
| Equity | 10/15 | €22,844 | €16,123 | -€6,721 | -29.4% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,844 | -€3,877 | -€6,721 | |
| Amounts payable | 17/49 | €89,115 | €97,896 | +€8,781 | +9.9% |
| Amounts payable after more than one year | 17 | €75,602 | €75,602 | = | 0.0% |
| Financial debts | 170/4 | €3,602 | €3,602 | = | 0.0% |
| Other amounts payable | 178/9 | €72,000 | €72,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €13,513 | €22,294 | +€8,781 | +65.0% |
| Current portion of amounts payable after more than one year | 42 | €2,481 | €352 | -€2,129 | -85.8% |
| Financial debts | 43 | €31 | - | -€31 | |
| Credit institutions | 430/8 | €31 | - | -€31 | |
| Trade debts | 44 | €2,094 | €96 | -€1,998 | -95.4% |
| Suppliers | 440/4 | €2,094 | €96 | -€1,998 | -95.4% |
| Taxes, remuneration and social security | 45 | €711 | €711 | = | 0.0% |
| Taxes | 450/3 | €711 | €711 | = | 0.0% |
| Other amounts payable | 47/48 | €8,196 | €21,135 | +€12,938 | +157.9% |
| Other operating charges | 640/8 | €348 | €387 | +€40 | +11.5% |
| Gross operating margin | 9900 | -€4,833 | -€3,113 | +€1,720 | +35.6% |
| Operating profit (loss) | 9901 | -€5,181 | -€3,501 | +€1,680 | +32.4% |
| Financial charges | 65/66B | €4,674 | €3,216 | -€1,458 | -31.2% |
| Recurring financial charges | 65 | €4,674 | €3,216 | -€1,458 | -31.2% |
| Profit (loss) for the period before taxes | 9903 | -€9,855 | -€6,717 | +€3,138 | +31.8% |
| Income taxes | 67/77 | - | €4 | +€4 | |
| Profit (loss) for the period | 9904 | -€9,855 | -€6,721 | +€3,134 | +31.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,855 | -€6,721 | +€3,134 | +31.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.