VDB-ICT: what changed
Two fiscal 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-ICT
Largest movements
- Cash -€12,832
down €12,832 (-16.5%), from €77,849 to €65,017
mainly Investment in fixed assets (net) (-€14,732) and Receivables within one year (-€11,575)
- Receivables within one year +€11,575
up €11,575 (+26.8%), from €43,203 to €54,778
of which Trade receivables: +€6,369
- Tangible fixed assets +€2,401
up €2,401 (+2.6%), from €90,682 to €93,083
of which Land and buildings: +€10,810
- Other debts +€8,682
up €8,682 (+359.1%), from €2,418 to €11,100
- Short-term financial debts -€8,145
down €8,145 (-14.2%), from €57,511 to €49,366
- Tax, wage and social debts -€3,820
down €3,820 (-41.9%), from €9,111 to €5,291
- Trade debts +€3,111
new in 2025: €3,111
- Gross operating margin -€25,374
down €25,374 (-61.3%), from €41,422 to €16,048
- Taxes -€7,792
down €7,792, from €7,778 to -€14
- Depreciation +€2,995
up €2,995 (+32.1%), from €9,336 to €12,331
- Financial charges -€1,236
down €1,236 (-39.3%), from €3,145 to €1,909
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 | €211,734 | €212,878 | +€1,144 | +0.5% |
| Fixed assets | 21/28 | €90,682 | €93,083 | +€2,401 | +2.6% |
| Tangible fixed assets | 22/27 | €90,682 | €93,083 | +€2,401 | +2.6% |
| Land and buildings | 22 | €78,450 | €89,260 | +€10,810 | +13.8% |
| Furniture and vehicles | 24 | - | €349 | +€349 | |
| Leasing and similar rights | 25 | €12,232 | €3,474 | -€8,758 | -71.6% |
| Current assets | 29/58 | €121,052 | €119,795 | -€1,257 | -1.0% |
| Amounts receivable within one year | 40/41 | €43,203 | €54,778 | +€11,575 | +26.8% |
| Trade receivables | 40 | €12,095 | €18,464 | +€6,369 | +52.7% |
| Other amounts receivable | 41 | €31,108 | €36,314 | +€5,206 | +16.7% |
| Cash at bank and in hand | 54/58 | €77,849 | €65,017 | -€12,832 | -16.5% |
| Total equity and liabilities | 10/49 | €211,734 | €212,878 | +€1,144 | +0.5% |
| Equity | 10/15 | €142,694 | €144,010 | +€1,316 | +0.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €115,925 | €115,925 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €113,925 | €113,925 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,769 | €8,085 | +€1,316 | +19.4% |
| Amounts payable | 17/49 | €69,040 | €68,868 | -€172 | -0.2% |
| Amounts payable within one year | 42/48 | €69,040 | €68,868 | -€172 | -0.2% |
| Financial debts | 43 | €57,511 | €49,366 | -€8,145 | -14.2% |
| Credit institutions | 430/8 | €57,511 | €49,366 | -€8,145 | -14.2% |
| Trade debts | 44 | - | €3,111 | +€3,111 | |
| Suppliers | 440/4 | - | €3,111 | +€3,111 | |
| Taxes, remuneration and social security | 45 | €9,111 | €5,291 | -€3,820 | -41.9% |
| Taxes | 450/3 | €9,111 | €5,291 | -€3,820 | -41.9% |
| Other amounts payable | 47/48 | €2,418 | €11,100 | +€8,682 | +359.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,336 | €12,331 | +€2,995 | +32.1% |
| Other operating charges | 640/8 | €674 | €506 | -€168 | -24.9% |
| Gross operating margin | 9900 | €41,422 | €16,048 | -€25,374 | -61.3% |
| Operating profit (loss) | 9901 | €31,412 | €3,211 | -€28,201 | -89.8% |
| Financial charges | 65/66B | €3,145 | €1,909 | -€1,236 | -39.3% |
| Recurring financial charges | 65 | €3,145 | €1,909 | -€1,236 | -39.3% |
| Profit (loss) for the period before taxes | 9903 | €28,267 | €1,302 | -€26,965 | -95.4% |
| Income taxes | 67/77 | €7,778 | -€14 | -€7,792 | |
| Profit (loss) for the period | 9904 | €20,489 | €1,316 | -€19,173 | -93.6% |
| Profit (loss) for the period to be appropriated | 9905 | €20,489 | €1,316 | -€19,173 | -93.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.