VDB - DESIGN: 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 - DESIGN
Largest movements
- Cash +€9,909
up €9,909 (+716%), from €1,384 to €11,293
mainly Other debts (+€12,035) and Depreciation (+€8,665)
- Tangible fixed assets -€8,665
down €8,665 (-55.6%), from €15,571 to €6,906
of which Furniture and vehicles: -€6,388
- Receivables within one year -€2,789
down €2,789 (-27.8%), from €10,045 to €7,256
of which Trade receivables: -€2,332
- Deferred charges and accrued income +€450
up €450 (+12.5%), from €3,588 to €4,038
- Other debts +€12,035
up €12,035 (+2,407%), from €500 to €12,535
- Profit (loss) carried forward -€9,723
down €9,723 (-33.3%), from -€29,186 to -€38,909
- Debts after one year -€3,774
down €3,774 (-21.0%), from €17,963 to €14,189
- Trade debts +€945
up €945 (+11.0%), from €8,626 to €9,571
- Tax, wage and social debts -€576
down €576 (-10.7%), from €5,398 to €4,823
- Gross operating margin -€16,766
down €16,766 (-89.5%), from €18,732 to €1,966
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 | €30,588 | €29,492 | -€1,096 | -3.6% |
| Fixed assets | 21/28 | €15,571 | €6,906 | -€8,665 | -55.6% |
| Tangible fixed assets | 22/27 | €15,571 | €6,906 | -€8,665 | -55.6% |
| Plant, machinery and equipment | 23 | €3,285 | €1,980 | -€1,305 | -39.7% |
| Furniture and vehicles | 24 | €10,729 | €4,340 | -€6,388 | -59.5% |
| Leasing and similar rights | 25 | €1,558 | €586 | -€972 | -62.4% |
| Current assets | 29/58 | €15,017 | €22,587 | +€7,569 | +50.4% |
| Amounts receivable within one year | 40/41 | €10,045 | €7,256 | -€2,789 | -27.8% |
| Trade receivables | 40 | €9,438 | €7,106 | -€2,332 | -24.7% |
| Other amounts receivable | 41 | €607 | €150 | -€457 | -75.3% |
| Cash at bank and in hand | 54/58 | €1,384 | €11,293 | +€9,909 | +716% |
| Deferred charges and accrued income | 490/1 | €3,588 | €4,038 | +€450 | +12.5% |
| Total equity and liabilities | 10/49 | €30,588 | €29,492 | -€1,096 | -3.6% |
| Equity | 10/15 | -€5,676 | -€15,399 | -€9,723 | -171% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €17,313 | €17,313 | = | 0.0% |
| Distributable reserves | 133 | €17,313 | €17,313 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,186 | -€38,909 | -€9,723 | -33.3% |
| Amounts payable | 17/49 | €36,265 | €44,892 | +€8,627 | +23.8% |
| Amounts payable after more than one year | 17 | €17,963 | €14,189 | -€3,774 | -21.0% |
| Financial debts | 170/4 | €17,963 | €14,189 | -€3,774 | -21.0% |
| Amounts payable within one year | 42/48 | €18,301 | €30,703 | +€12,401 | +67.8% |
| Current portion of amounts payable after more than one year | 42 | €3,777 | €3,774 | -€2 | -0.1% |
| Trade debts | 44 | €8,626 | €9,571 | +€945 | +11.0% |
| Suppliers | 440/4 | €8,626 | €9,571 | +€945 | +11.0% |
| Taxes, remuneration and social security | 45 | €5,398 | €4,823 | -€576 | -10.7% |
| Taxes | 450/3 | €5,398 | €4,823 | -€576 | -10.7% |
| Other amounts payable | 47/48 | €500 | €12,535 | +€12,035 | +2,407% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,665 | €8,665 | = | 0.0% |
| Other operating charges | 640/8 | €665 | €680 | +€16 | +2.4% |
| Gross operating margin | 9900 | €18,732 | €1,966 | -€16,766 | -89.5% |
| Operating profit (loss) | 9901 | €9,402 | -€7,379 | -€16,782 | |
| Financial charges | 65/66B | €2,366 | €2,202 | -€164 | -6.9% |
| Recurring financial charges | 65 | €2,366 | €2,202 | -€164 | -6.9% |
| Profit (loss) for the period before taxes | 9903 | €7,036 | -€9,582 | -€16,618 | |
| Income taxes | 67/77 | €140 | €141 | +€1 | +1.0% |
| Profit (loss) for the period | 9904 | €6,897 | -€9,723 | -€16,619 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,897 | -€9,723 | -€16,619 |
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 22 October 2026 via checked.be.