VD Invest: 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 Invest
Largest movements
- Tangible fixed assets +€104,568
new in 2024: €104,568
of which Plant, machinery and equipment: +€59,264
- Receivables within one year +€23,080
up €23,080 (+15,076%), from €153 to €23,233
of which Trade receivables: +€20,000
- Other debts +€128,920
new in 2024: €128,920
- Profit (loss) carried forward -€7,321
down €7,321 (-871%), from -€840 to -€8,161
- Trade debts +€5,686
up €5,686 (+578%), from €983 to €6,669
- Depreciation +€27,178
new in 2024: €27,178
- Gross operating margin +€22,679
up €22,679, from -€830 to €21,849
- Financial charges +€1,178
up €1,178 (+11,362%), from €10 to €1,189
- Other operating charges +€803
new in 2024: €803
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.
Derived cash bridge
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 | €3,143 | €130,428 | +€127,285 | +4,050% |
| Fixed assets | 21/28 | - | €104,568 | +€104,568 | |
| Tangible fixed assets | 22/27 | - | €104,568 | +€104,568 | |
| Plant, machinery and equipment | 23 | - | €59,264 | +€59,264 | |
| Furniture and vehicles | 24 | - | €45,304 | +€45,304 | |
| Current assets | 29/58 | €3,143 | €25,860 | +€22,718 | +723% |
| Amounts receivable within one year | 40/41 | €153 | €23,233 | +€23,080 | +15,076% |
| Trade receivables | 40 | - | €20,000 | +€20,000 | |
| Other amounts receivable | 41 | €153 | €3,233 | +€3,080 | +2,012% |
| Cash at bank and in hand | 54/58 | €2,990 | €2,628 | -€362 | -12.1% |
| Total equity and liabilities | 10/49 | €3,143 | €130,428 | +€127,285 | +4,050% |
| Equity | 10/15 | €2,160 | -€5,161 | -€7,321 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€840 | -€8,161 | -€7,321 | -871% |
| Amounts payable | 17/49 | €983 | €135,589 | +€134,606 | +13,692% |
| Amounts payable within one year | 42/48 | €983 | €135,589 | +€134,606 | +13,692% |
| Trade debts | 44 | €983 | €6,669 | +€5,686 | +578% |
| Suppliers | 440/4 | €983 | €6,669 | +€5,686 | +578% |
| Other amounts payable | 47/48 | - | €128,920 | +€128,920 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €27,178 | +€27,178 | |
| Other operating charges | 640/8 | - | €803 | +€803 | |
| Gross operating margin | 9900 | -€830 | €21,849 | +€22,679 | |
| Operating profit (loss) | 9901 | -€830 | -€6,132 | -€5,302 | -639% |
| Financial charges | 65/66B | €10 | €1,189 | +€1,178 | +11,362% |
| Recurring financial charges | 65 | €10 | €1,189 | +€1,178 | +11,362% |
| Profit (loss) for the period before taxes | 9903 | -€840 | -€7,321 | -€6,481 | -771% |
| Profit (loss) for the period | 9904 | -€840 | -€7,321 | -€6,481 | -771% |
| Profit (loss) for the period to be appropriated | 9905 | -€840 | -€7,321 | -€6,481 | -771% |
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 18 October 2026 via checked.be.