VDA INVEST: what changed
VDA INVEST
Largest movements
- Receivables within one year +€12,052
up €12,052 (+8.9%), from €134,809 to €146,862
- Cash -€5,903
down €5,903 (-11.1%), from €53,165 to €47,262
mainly Receivables within one year (-€12,052) and Net result for the year (-€538)
- Other debts +€3,759
up €3,759 (+3.1%), from €119,444 to €123,203
- Trade debts +€2,905
up €2,905 (+171%), from €1,697 to €4,601
- Financial charges -€2,584
down €2,584 (-35.0%), from €7,387 to €4,803
- Gross operating margin -€1,339
down €1,339 (-87.9%), from -€1,523 to -€2,862
- Other operating charges -€152
down €152 (-26.2%), from €579 to €427
- Financial income -€63
down €63 (-0.8%), from €7,616 to €7,554
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €271,938 | €278,087 | +€6,149 | +2.3% |
| Fixed assets | 21/28 | €73,093 | €73,093 | = | 0.0% |
| Tangible fixed assets | 22/27 | €71,684 | €71,684 | = | 0.0% |
| Other tangible fixed assets | 26 | €71,684 | €71,684 | = | 0.0% |
| Financial fixed assets | 28 | €1,409 | €1,409 | = | 0.0% |
| Current assets | 29/58 | €198,845 | €204,994 | +€6,149 | +3.1% |
| Stocks and contracts in progress | 3 | €10,871 | €10,871 | = | 0.0% |
| Stocks | 30/36 | €10,871 | €10,871 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €134,809 | €146,862 | +€12,052 | +8.9% |
| Other amounts receivable | 41 | €134,809 | €146,862 | +€12,052 | +8.9% |
| Cash at bank and in hand | 54/58 | €53,165 | €47,262 | -€5,903 | -11.1% |
| Total equity and liabilities | 10/49 | €271,938 | €278,087 | +€6,149 | +2.3% |
| Equity | 10/15 | €150,797 | €150,259 | -€538 | -0.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,597 | €82,059 | -€538 | -0.7% |
| Amounts payable | 17/49 | €121,141 | €127,828 | +€6,687 | +5.5% |
| Amounts payable within one year | 42/48 | €121,141 | €127,805 | +€6,664 | +5.5% |
| Trade debts | 44 | €1,697 | €4,601 | +€2,905 | +171% |
| Suppliers | 440/4 | €1,697 | €4,601 | +€2,905 | +171% |
| Other amounts payable | 47/48 | €119,444 | €123,203 | +€3,759 | +3.1% |
| Accrued charges and deferred income | 492/3 | - | €23 | +€23 | |
| Other operating charges | 640/8 | €579 | €427 | -€152 | -26.2% |
| Gross operating margin | 9900 | -€1,523 | -€2,862 | -€1,339 | -87.9% |
| Operating profit (loss) | 9901 | -€2,102 | -€3,289 | -€1,187 | -56.5% |
| Financial income | 75/76B | €7,616 | €7,554 | -€63 | -0.8% |
| Recurring financial income | 75 | €7,616 | €7,554 | -€63 | -0.8% |
| Financial charges | 65/66B | €7,387 | €4,803 | -€2,584 | -35.0% |
| Recurring financial charges | 65 | €7,387 | €4,803 | -€2,584 | -35.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,873 | -€538 | +€1,334 | +71.2% |
| Profit (loss) for the period | 9904 | -€1,873 | -€538 | +€1,334 | +71.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,873 | -€538 | +€1,334 | +71.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.