VDA-Trans: 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-Trans
Largest movements
- Receivables within one year +€11,100
up €11,100 (+77.2%), from €14,384 to €25,485
of which Trade receivables: +€12,885
- Tangible fixed assets -€9,900
down €9,900 (-42.9%), from €23,055 to €13,155
- Cash -€6,492
down €6,492 (-35.2%), from €18,452 to €11,960
mainly Receivables within one year (-€11,100) and Debts after one year (-€10,178)
- Debts after one year -€10,178
down €10,178 (-70.3%), from €14,472 to €4,294
- Reserves +€4,685
up €4,685 (+31.3%), from €14,984 to €19,669
- Gross operating margin +€6,190
up €6,190 (+47.6%), from €13,006 to €19,197
- Taxes +€2,118
up €2,118 (+497.9%), from €425 to €2,543
- Financial charges -€385
down €385 (-29.5%), from €1,303 to €918
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.
Cash bridge derived
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 | €64,891 | €59,600 | -€5,291 | -8.2% |
| Fixed assets | 21/28 | €32,055 | €22,155 | -€9,900 | -30.9% |
| Tangible fixed assets | 22/27 | €23,055 | €13,155 | -€9,900 | -42.9% |
| Furniture and vehicles | 24 | €23,055 | €13,155 | -€9,900 | -42.9% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €32,836 | €37,445 | +€4,609 | +14.0% |
| Amounts receivable within one year | 40/41 | €14,384 | €25,485 | +€11,100 | +77.2% |
| Trade receivables | 40 | €10,110 | €22,995 | +€12,885 | +127.5% |
| Other amounts receivable | 41 | €4,275 | €2,490 | -€1,785 | -41.8% |
| Cash at bank and in hand | 54/58 | €18,452 | €11,960 | -€6,492 | -35.2% |
| Total equity and liabilities | 10/49 | €64,891 | €59,600 | -€5,291 | -8.2% |
| Equity | 10/15 | €30,132 | €34,816 | +€4,685 | +15.5% |
| Reserves | 13 | €14,984 | €19,669 | +€4,685 | +31.3% |
| Distributable reserves | 133 | €14,984 | €19,669 | +€4,685 | +31.3% |
| Profit (loss) carried forward | 14 | €15,148 | €15,148 | = | 0.0% |
| Amounts payable | 17/49 | €34,759 | €24,784 | -€9,976 | -28.7% |
| Amounts payable after more than one year | 17 | €14,472 | €4,294 | -€10,178 | -70.3% |
| Financial debts | 170/4 | €14,472 | €4,294 | -€10,178 | -70.3% |
| Amounts payable within one year | 42/48 | €20,287 | €20,489 | +€202 | +1.0% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | €10,178 | +€178 | +1.8% |
| Trade debts | 44 | €3,123 | €3,250 | +€127 | +4.1% |
| Suppliers | 440/4 | €3,123 | €3,250 | +€127 | +4.1% |
| Taxes, remuneration and social security | 45 | €835 | €247 | -€588 | -70.4% |
| Taxes | 450/3 | €835 | €247 | -€588 | -70.4% |
| Other amounts payable | 47/48 | €6,330 | €6,814 | +€484 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,900 | €9,900 | = | 0.0% |
| Other operating charges | 640/8 | €1,327 | €1,152 | -€175 | -13.2% |
| Gross operating margin | 9900 | €13,006 | €19,197 | +€6,190 | +47.6% |
| Operating profit (loss) | 9901 | €1,779 | €8,145 | +€6,366 | +357.7% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €1,303 | €918 | -€385 | -29.5% |
| Recurring financial charges | 65 | €1,303 | €918 | -€385 | -29.5% |
| Profit (loss) for the period before taxes | 9903 | €476 | €7,228 | +€6,751 | +1417.6% |
| Income taxes | 67/77 | €425 | €2,543 | +€2,118 | +497.9% |
| Profit (loss) for the period | 9904 | €51 | €4,685 | +€4,634 | +9099.7% |
| Profit (loss) for the period to be appropriated | 9905 | €51 | €4,685 | +€4,634 | +9099.7% |
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 9 October 2026 via checked.be.