VDA SPIRIT: 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.
VDA SPIRIT
Largest movements
- Cash +€2,265
up €2,265 (+314%), from €720 to €2,985
mainly Other debts (+€2,500) and Stocks and contracts (+€1,474)
- Stocks and contracts -€1,474
down €1,474 (-18.0%), from €8,173 to €6,699
- Receivables within one year -€647
down €647 (-17.0%), from €3,811 to €3,164
- Other debts +€2,500
up €2,500 (+14.7%), from €17,050 to €19,550
- Profit (loss) carried forward -€2,102
down €2,102 (-8.6%), from -€24,540 to -€26,642
- Tax, wage and social debts -€413
down €413 (-100%), from €413 to €0
- Trade debts +€237
up €237, from €0 to €237
- Gross operating margin +€3,705
up €3,705 (+71.6%), from -€5,173 to -€1,468
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,923 | €13,146 | +€222 | +1.7% |
| Current assets | 29/58 | €12,923 | €13,146 | +€222 | +1.7% |
| Stocks and contracts in progress | 3 | €8,173 | €6,699 | -€1,474 | -18.0% |
| Stocks | 30/36 | €8,173 | €6,699 | -€1,474 | -18.0% |
| Amounts receivable within one year | 40/41 | €3,811 | €3,164 | -€647 | -17.0% |
| Other amounts receivable | 41 | €3,811 | €3,164 | -€647 | -17.0% |
| Cash at bank and in hand | 54/58 | €720 | €2,985 | +€2,265 | +314% |
| Deferred charges and accrued income | 490/1 | €218 | €297 | +€79 | +36.0% |
| Total equity and liabilities | 10/49 | €12,923 | €13,146 | +€222 | +1.7% |
| Equity | 10/15 | -€4,540 | -€6,642 | -€2,102 | -46.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,540 | -€26,642 | -€2,102 | -8.6% |
| Amounts payable | 17/49 | €17,463 | €19,787 | +€2,324 | +13.3% |
| Amounts payable within one year | 42/48 | €17,463 | €19,787 | +€2,324 | +13.3% |
| Trade debts | 44 | €0 | €237 | +€237 | |
| Suppliers | 440/4 | €0 | €237 | +€237 | |
| Taxes, remuneration and social security | 45 | €413 | €0 | -€413 | -100% |
| Taxes | 450/3 | €413 | €0 | -€413 | -100% |
| Other amounts payable | 47/48 | €17,050 | €19,550 | +€2,500 | +14.7% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | -€5,173 | -€1,468 | +€3,705 | +71.6% |
| Operating profit (loss) | 9901 | -€5,678 | -€1,987 | +€3,691 | +65.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €70 | €114 | +€44 | +63.5% |
| Recurring financial charges | 65 | €70 | €114 | +€44 | +63.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,748 | -€2,102 | +€3,646 | +63.4% |
| Profit (loss) for the period | 9904 | -€5,748 | -€2,102 | +€3,646 | +63.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,748 | -€2,102 | +€3,646 | +63.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.