VDB Algemene Bouwonderneming: 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.
VDB Algemene Bouwonderneming
Largest movements
- Tangible fixed assets -€7,673
down €7,673 (-13.4%), from €57,386 to €49,713
- Receivables within one year -€2,451
down €2,451 (-15.9%), from €15,372 to €12,921
of which Trade receivables: -€3,213
- Cash +€1,940
up €1,940 (+177%), from €1,095 to €3,036
mainly Depreciation (+€13,125) and Net result for the year (+€6,467)
- Financial fixed assets +€1,100
new in 2025: €1,100
- Other debts -€10,183
down €10,183 (-47.0%), from €21,665 to €11,483
- Debts after one year -€7,712
down €7,712 (-24.1%), from €31,973 to €24,262
- Reserves +€5,634
up €5,634 (+98.7%), from €5,708 to €11,342
- Trade debts +€2,540
up €2,540 (+103%), from €2,478 to €5,018
- Tax, wage and social debts +€2,398
up €2,398 (+405%), from €591 to €2,989
of which Remuneration and social security: +€1,348
- Gross operating margin +€38,250
up €38,250 (+281%), from €13,604 to €51,854
- Staff costs +€27,092
new in 2025: €27,092
- Depreciation +€8,741
up €8,741 (+199%), from €4,384 to €13,125
- Financial charges +€2,097
up €2,097 (+447%), from €470 to €2,566
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 | €75,171 | €67,806 | -€7,366 | -9.8% |
| Fixed assets | 21/28 | €57,386 | €50,813 | -€6,573 | -11.5% |
| Tangible fixed assets | 22/27 | €57,386 | €49,713 | -€7,673 | -13.4% |
| Plant, machinery and equipment | 23 | €57,386 | €49,713 | -€7,673 | -13.4% |
| Financial fixed assets | 28 | - | €1,100 | +€1,100 | |
| Current assets | 29/58 | €17,786 | €16,993 | -€793 | -4.5% |
| Amounts receivable within one year | 40/41 | €15,372 | €12,921 | -€2,451 | -15.9% |
| Trade receivables | 40 | €5,933 | €2,720 | -€3,213 | -54.2% |
| Other amounts receivable | 41 | €9,439 | €10,201 | +€763 | +8.1% |
| Cash at bank and in hand | 54/58 | €1,095 | €3,036 | +€1,940 | +177% |
| Deferred charges and accrued income | 490/1 | €1,318 | €1,036 | -€283 | -21.5% |
| Total equity and liabilities | 10/49 | €75,171 | €67,806 | -€7,366 | -9.8% |
| Equity | 10/15 | €10,708 | €16,342 | +€5,634 | +52.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €5,708 | €11,342 | +€5,634 | +98.7% |
| Distributable reserves | 133 | €5,708 | €11,342 | +€5,634 | +98.7% |
| Amounts payable | 17/49 | €64,463 | €51,463 | -€13,000 | -20.2% |
| Amounts payable after more than one year | 17 | €31,973 | €24,262 | -€7,712 | -24.1% |
| Financial debts | 170/4 | €31,973 | €24,262 | -€7,712 | -24.1% |
| Amounts payable within one year | 42/48 | €32,156 | €27,201 | -€4,954 | -15.4% |
| Current portion of amounts payable after more than one year | 42 | €7,421 | €7,712 | +€291 | +3.9% |
| Trade debts | 44 | €2,478 | €5,018 | +€2,540 | +103% |
| Suppliers | 440/4 | €2,478 | €5,018 | +€2,540 | +103% |
| Taxes, remuneration and social security | 45 | €591 | €2,989 | +€2,398 | +405% |
| Taxes | 450/3 | €591 | €1,641 | +€1,050 | +178% |
| Remuneration and social security | 454/9 | - | €1,348 | +€1,348 | |
| Other amounts payable | 47/48 | €21,665 | €11,483 | -€10,183 | -47.0% |
| Accrued charges and deferred income | 492/3 | €334 | - | -€334 | |
| Remuneration, social security and pensions | 62 | - | €27,092 | +€27,092 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,384 | €13,125 | +€8,741 | +199% |
| Other operating charges | 640/8 | €790 | €873 | +€83 | +10.6% |
| Gross operating margin | 9900 | €13,604 | €51,854 | +€38,250 | +281% |
| Operating profit (loss) | 9901 | €8,430 | €10,763 | +€2,333 | +27.7% |
| Financial income | 75/76B | €201 | €318 | +€117 | +57.9% |
| Recurring financial income | 75 | €201 | €318 | +€117 | +57.9% |
| Financial charges | 65/66B | €470 | €2,566 | +€2,097 | +447% |
| Recurring financial charges | 65 | €470 | €2,566 | +€2,097 | +447% |
| Profit (loss) for the period before taxes | 9903 | €8,162 | €8,515 | +€353 | +4.3% |
| Income taxes | 67/77 | €1,595 | €2,048 | +€453 | +28.4% |
| Profit (loss) for the period | 9904 | €6,567 | €6,467 | -€100 | -1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €6,567 | €6,467 | -€100 | -1.5% |
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 21 October 2026 via checked.be.