VDA TOITURE: what changed
VDA TOITURE
Largest movements
- Receivables within one year +€10,081
up €10,081 (+51.2%), from €19,703 to €29,785
of which Trade receivables: +€13,910
- Cash -€7,341
down €7,341 (-63.6%), from €11,538 to €4,196
mainly Receivables within one year (-€10,081) and Contributions, distributions and other (-€8,914)
- Current investments +€2,012
up €2,012 (+4.7%), from €43,087 to €45,099
- Tangible fixed assets -€1,841
down €1,841 (-27.2%), from €6,763 to €4,921
of which Furniture and vehicles: -€1,358
- Reserves +€4,342
up €4,342 (+6.5%), from €66,767 to €71,109
- Tax, wage and social debts -€2,025
down €2,025 (-73.6%), from €2,750 to €725
- Gross operating margin +€11,651
up €11,651 (+80.2%), from €14,523 to €26,174
- Taxes +€3,671
up €3,671 (+117%), from €3,134 to €6,805
- Financial charges -€798
down €798 (-18.9%), from €4,214 to €3,416
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 | €84,830 | €87,632 | +€2,802 | +3.3% |
| Fixed assets | 21/28 | €6,763 | €4,921 | -€1,841 | -27.2% |
| Tangible fixed assets | 22/27 | €6,763 | €4,921 | -€1,841 | -27.2% |
| Plant, machinery and equipment | 23 | €2,907 | €2,424 | -€483 | -16.6% |
| Furniture and vehicles | 24 | €3,856 | €2,497 | -€1,358 | -35.2% |
| Current assets | 29/58 | €78,067 | €82,710 | +€4,644 | +5.9% |
| Amounts receivable within one year | 40/41 | €19,703 | €29,785 | +€10,081 | +51.2% |
| Trade receivables | 40 | €4,300 | €18,210 | +€13,910 | +324% |
| Other amounts receivable | 41 | €15,403 | €11,575 | -€3,829 | -24.9% |
| Current investments | 50/53 | €43,087 | €45,099 | +€2,012 | +4.7% |
| Cash at bank and in hand | 54/58 | €11,538 | €4,196 | -€7,341 | -63.6% |
| Deferred charges and accrued income | 490/1 | €3,738 | €3,630 | -€108 | -2.9% |
| Total equity and liabilities | 10/49 | €84,830 | €87,632 | +€2,802 | +3.3% |
| Equity | 10/15 | €73,349 | €77,691 | +€4,342 | +5.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €66,767 | €71,109 | +€4,342 | +6.5% |
| Distributable reserves | 133 | €66,767 | €71,109 | +€4,342 | +6.5% |
| Profit (loss) carried forward | 14 | €382 | €382 | = | 0.0% |
| Amounts payable | 17/49 | €11,480 | €9,941 | -€1,539 | -13.4% |
| Amounts payable within one year | 42/48 | €11,480 | €9,941 | -€1,539 | -13.4% |
| Current portion of amounts payable after more than one year | 42 | €5,736 | €5,736 | = | 0.0% |
| Financial debts | 43 | €1,450 | €1,327 | -€123 | -8.5% |
| Credit institutions | 430/8 | €1,450 | €1,327 | -€123 | -8.5% |
| Trade debts | 44 | €906 | €1,320 | +€414 | +45.7% |
| Suppliers | 440/4 | €906 | €1,320 | +€414 | +45.7% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €2,750 | €725 | -€2,025 | -73.6% |
| Taxes | 450/3 | €2,750 | €725 | -€2,025 | -73.6% |
| Other amounts payable | 47/48 | €638 | €833 | +€195 | +30.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,841 | €1,841 | = | 0.0% |
| Other operating charges | 640/8 | €976 | €1,027 | +€51 | +5.3% |
| Gross operating margin | 9900 | €14,523 | €26,174 | +€11,651 | +80.2% |
| Operating profit (loss) | 9901 | €11,705 | €23,305 | +€11,600 | +99.1% |
| Financial income | 75/76B | €60 | €172 | +€112 | +187% |
| Recurring financial income | 75 | €60 | €172 | +€112 | +187% |
| Financial charges | 65/66B | €4,214 | €3,416 | -€798 | -18.9% |
| Recurring financial charges | 65 | €4,214 | €3,416 | -€798 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | €7,551 | €20,061 | +€12,510 | +166% |
| Income taxes | 67/77 | €3,134 | €6,805 | +€3,671 | +117% |
| Profit (loss) for the period | 9904 | €4,417 | €13,256 | +€8,839 | +200% |
| Profit (loss) for the period to be appropriated | 9905 | €4,417 | €13,256 | +€8,839 | +200% |
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.