VdB Mechanical Repairs: 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 Mechanical Repairs
Largest movements
- Receivables within one year -€44,559
down €44,559 (-80.8%), from €55,142 to €10,583
of which Trade receivables: -€42,956
- Cash +€44,089
up €44,089 (+112%), from €39,336 to €83,424
mainly Receivables within one year (+€44,559) and Depreciation (+€42,828)
- Stocks and contracts +€16,990
up €16,990 (+861%), from €1,973 to €18,963
- Tangible fixed assets -€13,990
down €13,990 (-4.6%), from €307,369 to €293,379
of which Land and buildings: -€7,784
- Debts after one year -€45,568
down €45,568 (-34.4%), from €132,321 to €86,753
- Reserves +€26,999
up €26,999 (+14.4%), from €187,139 to €214,138
- Tax, wage and social debts +€13,773
up €13,773 (+90.5%), from €15,224 to €28,997
- Other debts +€5,116
up €5,116 (+74.1%), from €6,906 to €12,021
- Gross operating margin -€16,537
down €16,537 (-13.0%), from €127,499 to €110,962
- Taxes -€6,249
down €6,249 (-28.2%), from €22,182 to €15,933
- Depreciation +€4,402
up €4,402 (+11.5%), from €38,426 to €42,828
- Other operating charges +€1,597
up €1,597 (+30.9%), from €5,164 to €6,761
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 | €405,414 | €407,078 | +€1,664 | +0.4% |
| Fixed assets | 21/28 | €307,369 | €293,379 | -€13,990 | -4.6% |
| Tangible fixed assets | 22/27 | €307,369 | €293,379 | -€13,990 | -4.6% |
| Land and buildings | 22 | €172,873 | €165,089 | -€7,784 | -4.5% |
| Plant, machinery and equipment | 23 | €1,870 | €417 | -€1,453 | -77.7% |
| Furniture and vehicles | 24 | €131,130 | €127,065 | -€4,065 | -3.1% |
| Other tangible fixed assets | 26 | €1,497 | €808 | -€689 | -46.0% |
| Current assets | 29/58 | €98,044 | €113,699 | +€15,654 | +16.0% |
| Stocks and contracts in progress | 3 | €1,973 | €18,963 | +€16,990 | +861% |
| Stocks | 30/36 | €1,973 | €18,963 | +€16,990 | +861% |
| Amounts receivable within one year | 40/41 | €55,142 | €10,583 | -€44,559 | -80.8% |
| Trade receivables | 40 | €53,538 | €10,582 | -€42,956 | -80.2% |
| Other amounts receivable | 41 | €1,605 | €2 | -€1,603 | -99.9% |
| Cash at bank and in hand | 54/58 | €39,336 | €83,424 | +€44,089 | +112% |
| Deferred charges and accrued income | 490/1 | €1,594 | €729 | -€865 | -54.3% |
| Total equity and liabilities | 10/49 | €405,414 | €407,078 | +€1,664 | +0.4% |
| Equity | 10/15 | €205,739 | €232,738 | +€26,999 | +13.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €187,139 | €214,138 | +€26,999 | +14.4% |
| Distributable reserves | 133 | €187,139 | €214,138 | +€26,999 | +14.4% |
| Amounts payable | 17/49 | €199,675 | €174,340 | -€25,335 | -12.7% |
| Amounts payable after more than one year | 17 | €132,321 | €86,753 | -€45,568 | -34.4% |
| Financial debts | 170/4 | €132,321 | €86,753 | -€45,568 | -34.4% |
| Amounts payable within one year | 42/48 | €66,354 | €86,587 | +€20,233 | +30.5% |
| Current portion of amounts payable after more than one year | 42 | €43,923 | €45,568 | +€1,646 | +3.7% |
| Trade debts | 44 | €301 | - | -€301 | |
| Suppliers | 440/4 | €301 | - | -€301 | |
| Taxes, remuneration and social security | 45 | €15,224 | €28,997 | +€13,773 | +90.5% |
| Taxes | 450/3 | €15,224 | €28,997 | +€13,773 | +90.5% |
| Other amounts payable | 47/48 | €6,906 | €12,021 | +€5,116 | +74.1% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,426 | €42,828 | +€4,402 | +11.5% |
| Other operating charges | 640/8 | €5,164 | €6,761 | +€1,597 | +30.9% |
| Non-recurring operating charges | 66A | - | €2,888 | +€2,888 | |
| Gross operating margin | 9900 | €127,499 | €110,962 | -€16,537 | -13.0% |
| Operating profit (loss) | 9901 | €83,909 | €58,484 | -€25,425 | -30.3% |
| Financial income | 75/76B | €129 | €125 | -€4 | -3.1% |
| Recurring financial income | 75 | €129 | €125 | -€4 | -3.1% |
| Financial charges | 65/66B | €5,010 | €6,254 | +€1,244 | +24.8% |
| Recurring financial charges | 65 | €5,010 | €6,254 | +€1,244 | +24.8% |
| Profit (loss) for the period before taxes | 9903 | €79,028 | €52,355 | -€26,673 | -33.8% |
| Income taxes | 67/77 | €22,182 | €15,933 | -€6,249 | -28.2% |
| Profit (loss) for the period | 9904 | €56,847 | €36,422 | -€20,424 | -35.9% |
| Profit (loss) for the period to be appropriated | 9905 | €56,847 | €36,422 | -€20,424 | -35.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.