VDA Trading: 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 Trading
Largest movements
- Cash -€23,894
down €23,894 (-49.3%), from €48,419 to €24,525
mainly Stocks and contracts (-€17,820) and Receivables within one year (-€7,246)
- Stocks and contracts +€17,820
up €17,820 (+64.9%), from €27,475 to €45,295
- Receivables within one year +€7,246
up €7,246 (+928%), from €780 to €8,026
of which Trade receivables: +€8,000
- Tangible fixed assets +€2,408
new in 2025: €2,408
of which Plant, machinery and equipment: +€1,508
- Tax, wage and social debts +€2,826
up €2,826 (+98.7%), from €2,865 to €5,691
- Profit (loss) carried forward +€1,104
up €1,104 (+17.2%), from €6,408 to €7,512
- Gross operating margin +€1,596
up €1,596 (+82.3%), from €1,939 to €3,536
- Depreciation +€438
new in 2025: €438
- Taxes +€298
up €298 (+722%), from €41 to €339
- Financial income +€144
up €144 (+198%), from €72 to €216
- Other operating charges +€97
up €97 (+5.6%), from €1,725 to €1,823
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 | €77,707 | €81,359 | +€3,653 | +4.7% |
| Fixed assets | 21/28 | - | €2,408 | +€2,408 | |
| Tangible fixed assets | 22/27 | - | €2,408 | +€2,408 | |
| Plant, machinery and equipment | 23 | - | €1,508 | +€1,508 | |
| Furniture and vehicles | 24 | - | €900 | +€900 | |
| Current assets | 29/58 | €77,707 | €78,952 | +€1,245 | +1.6% |
| Stocks and contracts in progress | 3 | €27,475 | €45,295 | +€17,820 | +64.9% |
| Stocks | 30/36 | €27,475 | €45,295 | +€17,820 | +64.9% |
| Amounts receivable within one year | 40/41 | €780 | €8,026 | +€7,246 | +928% |
| Trade receivables | 40 | - | €8,000 | +€8,000 | |
| Other amounts receivable | 41 | €780 | €26 | -€754 | -96.7% |
| Cash at bank and in hand | 54/58 | €48,419 | €24,525 | -€23,894 | -49.3% |
| Deferred charges and accrued income | 490/1 | €1,032 | €1,105 | +€73 | +7.1% |
| Total equity and liabilities | 10/49 | €77,707 | €81,359 | +€3,653 | +4.7% |
| Equity | 10/15 | €25,008 | €26,112 | +€1,104 | +4.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,408 | €7,512 | +€1,104 | +17.2% |
| Amounts payable | 17/49 | €52,699 | €55,248 | +€2,549 | +4.8% |
| Amounts payable within one year | 42/48 | €52,699 | €55,248 | +€2,549 | +4.8% |
| Trade debts | 44 | €122 | - | -€122 | |
| Suppliers | 440/4 | €122 | - | -€122 | |
| Taxes, remuneration and social security | 45 | €2,865 | €5,691 | +€2,826 | +98.7% |
| Taxes | 450/3 | €2,865 | €5,691 | +€2,826 | +98.7% |
| Other amounts payable | 47/48 | €49,712 | €49,556 | -€156 | -0.3% |
| Non-recurring operating income | 76A | - | €248 | +€248 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €438 | +€438 | |
| Other operating charges | 640/8 | €1,725 | €1,823 | +€97 | +5.6% |
| Gross operating margin | 9900 | €1,939 | €3,536 | +€1,596 | +82.3% |
| Operating profit (loss) | 9901 | €214 | €1,275 | +€1,061 | +496% |
| Financial income | 75/76B | €72 | €216 | +€144 | +198% |
| Recurring financial income | 75 | €72 | €216 | +€144 | +198% |
| Financial charges | 65/66B | €54 | €48 | -€6 | -11.1% |
| Recurring financial charges | 65 | €54 | €48 | -€6 | -11.1% |
| Profit (loss) for the period before taxes | 9903 | €232 | €1,443 | +€1,210 | +521% |
| Income taxes | 67/77 | €41 | €339 | +€298 | +722% |
| Profit (loss) for the period | 9904 | €191 | €1,104 | +€913 | +477% |
| Profit (loss) for the period to be appropriated | 9905 | €191 | €1,104 | +€913 | +477% |
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 14 October 2026 via checked.be.