VDB DESSERTS: 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 DESSERTS
Largest movements
- Receivables within one year +€83,525
up €83,525 (+64.2%), from €130,196 to €213,721
of which Trade receivables: +€117,685
- Receivables after one year -€54,625
down €54,625 (-93.2%), from €58,625 to €4,000
- Cash +€27,548
up €27,548 (+23.4%), from €117,505 to €145,053
mainly Trade debts (+€99,105) and Net result for the year (+€79,707)
- Tangible fixed assets +€23,952
up €23,952 (+16.7%), from €143,620 to €167,571
of which Leasing and similar rights: +€34,240
- Other debts -€102,254
down €102,254 (-98.4%), from €103,868 to €1,614
- Trade debts +€99,105
up €99,105 (+197%), from €50,342 to €149,446
- Reserves +€65,398
up €65,398 (+39.4%), from €166,000 to €231,398
- Debts after one year +€23,397
up €23,397 (+118%), from €19,811 to €43,209
- Current portion of long-term debt -€8,789
down €8,789 (-20.6%), from €42,594 to €33,805
- Gross operating margin +€16,762
up €16,762 (+5.3%), from €314,080 to €330,842
- Staff costs +€11,249
up €11,249 (+7.1%), from €159,450 to €170,699
- Depreciation +€5,587
up €5,587 (+14.5%), from €38,566 to €44,153
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 | €461,308 | €541,769 | +€80,460 | +17.4% |
| Fixed assets | 21/28 | €144,120 | €168,071 | +€23,952 | +16.6% |
| Tangible fixed assets | 22/27 | €143,620 | €167,571 | +€23,952 | +16.7% |
| Plant, machinery and equipment | 23 | €63,512 | €70,629 | +€7,118 | +11.2% |
| Furniture and vehicles | 24 | €10,136 | €8,173 | -€1,963 | -19.4% |
| Leasing and similar rights | 25 | €7,195 | €41,435 | +€34,240 | +476% |
| Other tangible fixed assets | 26 | €62,777 | €47,334 | -€15,443 | -24.6% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €317,189 | €373,697 | +€56,508 | +17.8% |
| Amounts receivable after more than one year | 29 | €58,625 | €4,000 | -€54,625 | -93.2% |
| Other amounts receivable | 291 | €58,625 | €4,000 | -€54,625 | -93.2% |
| Stocks and contracts in progress | 3 | €7,588 | €7,814 | +€225 | +3.0% |
| Stocks | 30/36 | €7,588 | €7,814 | +€225 | +3.0% |
| Amounts receivable within one year | 40/41 | €130,196 | €213,721 | +€83,525 | +64.2% |
| Trade receivables | 40 | €88,846 | €206,531 | +€117,685 | +132% |
| Other amounts receivable | 41 | €41,350 | €7,190 | -€34,160 | -82.6% |
| Cash at bank and in hand | 54/58 | €117,505 | €145,053 | +€27,548 | +23.4% |
| Deferred charges and accrued income | 490/1 | €3,274 | €3,109 | -€165 | -5.0% |
| Total equity and liabilities | 10/49 | €461,308 | €541,769 | +€80,460 | +17.4% |
| Equity | 10/15 | €185,291 | €249,998 | +€64,707 | +34.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €166,000 | €231,398 | +€65,398 | +39.4% |
| Distributable reserves | 133 | €166,000 | €231,398 | +€65,398 | +39.4% |
| Profit (loss) carried forward | 14 | €691 | - | -€691 | |
| Amounts payable | 17/49 | €276,018 | €291,771 | +€15,753 | +5.7% |
| Amounts payable after more than one year | 17 | €19,811 | €43,209 | +€23,397 | +118% |
| Financial debts | 170/4 | €19,811 | €43,209 | +€23,397 | +118% |
| Amounts payable within one year | 42/48 | €253,459 | €248,562 | -€4,897 | -1.9% |
| Current portion of amounts payable after more than one year | 42 | €42,594 | €33,805 | -€8,789 | -20.6% |
| Trade debts | 44 | €50,342 | €149,446 | +€99,105 | +197% |
| Suppliers | 440/4 | €50,342 | €149,446 | +€99,105 | +197% |
| Taxes, remuneration and social security | 45 | €56,656 | €63,697 | +€7,042 | +12.4% |
| Taxes | 450/3 | €30,773 | €44,098 | +€13,324 | +43.3% |
| Remuneration and social security | 454/9 | €25,882 | €19,599 | -€6,283 | -24.3% |
| Other amounts payable | 47/48 | €103,868 | €1,614 | -€102,254 | -98.4% |
| Accrued charges and deferred income | 492/3 | €2,747 | - | -€2,747 | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €159,450 | €170,699 | +€11,249 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,566 | €44,153 | +€5,587 | +14.5% |
| Other operating charges | 640/8 | €3,661 | €2,401 | -€1,261 | -34.4% |
| Gross operating margin | 9900 | €314,080 | €330,842 | +€16,762 | +5.3% |
| Operating profit (loss) | 9901 | €112,403 | €113,590 | +€1,187 | +1.1% |
| Financial income | 75/76B | €1,043 | - | -€1,043 | |
| Recurring financial income | 75 | €1,043 | - | -€1,043 | |
| Financial charges | 65/66B | €4,994 | €4,573 | -€421 | -8.4% |
| Recurring financial charges | 65 | €4,994 | €4,573 | -€421 | -8.4% |
| Profit (loss) for the period before taxes | 9903 | €108,452 | €109,017 | +€565 | +0.5% |
| Income taxes | 67/77 | €30,124 | €29,310 | -€814 | -2.7% |
| Profit (loss) for the period | 9904 | €78,328 | €79,707 | +€1,379 | +1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €78,328 | €79,707 | +€1,379 | +1.8% |
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 1 November 2026 via checked.be.