VD RENTING: 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 RENTING
Largest movements
- Receivables within one year +€20,938
up €20,938 (+34.9%), from €60,006 to €80,944
of which Trade receivables: +€27,198
- Tangible fixed assets -€10,062
down €10,062 (-54.2%), from €18,579 to €8,518
of which Furniture and vehicles: -€8,831
- Reserves +€9,400
up €9,400 (+28.6%), from €32,859 to €42,259
- Tax, wage and social debts -€1,854
down €1,854 (-21.7%), from €8,547 to €6,693
- Trade debts +€1,616
up €1,616 (+7.4%), from €21,699 to €23,315
- Other operating charges +€9,953
up €9,953 (+264%), from €3,769 to €13,722
- Gross operating margin +€9,537
up €9,537 (+33.2%), from €28,715 to €38,252
- Taxes +€700
up €700 (+29.9%), from €2,341 to €3,041
- Depreciation -€471
down €471 (-3.8%), from €12,356 to €11,886
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 | €81,984 | €92,035 | +€10,051 | +12.3% |
| Fixed assets | 21/28 | €18,579 | €8,518 | -€10,062 | -54.2% |
| Tangible fixed assets | 22/27 | €18,579 | €8,518 | -€10,062 | -54.2% |
| Plant, machinery and equipment | 23 | €6,050 | €4,819 | -€1,231 | -20.3% |
| Furniture and vehicles | 24 | €12,529 | €3,698 | -€8,831 | -70.5% |
| Current assets | 29/58 | €63,404 | €83,517 | +€20,113 | +31.7% |
| Amounts receivable within one year | 40/41 | €60,006 | €80,944 | +€20,938 | +34.9% |
| Trade receivables | 40 | €45,159 | €72,357 | +€27,198 | +60.2% |
| Other amounts receivable | 41 | €14,847 | €8,587 | -€6,261 | -42.2% |
| Cash at bank and in hand | 54/58 | €3,398 | €2,573 | -€825 | -24.3% |
| Total equity and liabilities | 10/49 | €81,984 | €92,035 | +€10,051 | +12.3% |
| Equity | 10/15 | €51,546 | €60,935 | +€9,389 | +18.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €32,859 | €42,259 | +€9,400 | +28.6% |
| Distributable reserves | 133 | €32,859 | €42,259 | +€9,400 | +28.6% |
| Profit (loss) carried forward | 14 | €95 | €84 | -€11 | -11.5% |
| Amounts payable | 17/49 | €30,438 | €31,099 | +€662 | +2.2% |
| Amounts payable within one year | 42/48 | €30,438 | €31,099 | +€662 | +2.2% |
| Trade debts | 44 | €21,699 | €23,315 | +€1,616 | +7.4% |
| Suppliers | 440/4 | €21,699 | €23,315 | +€1,616 | +7.4% |
| Taxes, remuneration and social security | 45 | €8,547 | €6,693 | -€1,854 | -21.7% |
| Taxes | 450/3 | €8,547 | €6,693 | -€1,854 | -21.7% |
| Other amounts payable | 47/48 | €192 | €1,092 | +€900 | +469% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,356 | €11,886 | -€471 | -3.8% |
| Other operating charges | 640/8 | €3,769 | €13,722 | +€9,953 | +264% |
| Gross operating margin | 9900 | €28,715 | €38,252 | +€9,537 | +33.2% |
| Operating profit (loss) | 9901 | €12,590 | €12,644 | +€54 | +0.4% |
| Financial charges | 65/66B | €61 | €214 | +€154 | +254% |
| Recurring financial charges | 65 | €61 | €214 | +€154 | +254% |
| Profit (loss) for the period before taxes | 9903 | €12,529 | €12,430 | -€99 | -0.8% |
| Income taxes | 67/77 | €2,341 | €3,041 | +€700 | +29.9% |
| Profit (loss) for the period | 9904 | €10,188 | €9,389 | -€799 | -7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €10,188 | €9,389 | -€799 | -7.8% |
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 22 October 2026 via checked.be.