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VDB OptiFiber: 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.

What changed

VDB OptiFiber

BE 0805.324.484
NACE 47.120, Other non-specialised retail sale
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€13,200
2024 · -€25,717+€12,517
Equity
-€36,417
2024 · -€23,217-€13,200
Cash
€1,065
2024 · €14+€1,050
Balance sheet total
€11,846
2024 · €4,756+€7,089

Largest movements

2024 to 2025
Assets
  • Deferred charges and accrued income +€4,895

    new in 2025: €4,895

  • Tangible fixed assets +€2,338

    up €2,338 (+179.9%), from €1,300 to €3,638

  • Cash +€1,050

    up €1,050 (+7376.6%), from €14 to €1,065

    mainly Other debts (+€20,395) and Depreciation (+€1,416)

  • Intangible fixed assets -€832

    down €832 (-37.8%), from €2,201 to €1,369

  • Receivables within one year -€362

    down €362 (-29.2%), from €1,241 to €879

Equity and liabilities
  • Other debts +€20,395

    up €20,395 (+73.2%), from €27,868 to €48,263

  • Profit (loss) carried forward -€13,200

    down €13,200 (-51.3%), from -€25,717 to -€38,917

Income statement
  • Gross operating margin +€12,613

    up €12,613 (+52.1%), from -€24,212 to -€11,599

  • Depreciation +€669

    up €669 (+89.6%), from €747 to €1,416

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 -€25,717
Gross operating margin +€12,613
Depreciation -€669
Other operating charges +€152
Other operating items +€468
Financial income +€10
Financial charges -€56
Result 2025 -€13,200

Cash bridge derived

cash 2024 to 2025

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.

From operations +€3,972
Investment -€2,922
Financing €0
Cash 2024 €14
Net result for the year -€13,200
Depreciation +€1,416
Receivables within one year +€362
Deferred charges and accrued income -€4,895
Trade debts -€106
Other debts +€20,395
Investment in fixed assets (net) -€2,922
Cash 2025 €1,065
Every line side by side 31 lines
Line Code 2024 2025 Change %
Total assets 20/58 €4,756 €11,846 +€7,089 +149.0%
Fixed assets 21/28 €3,501 €5,007 +€1,506 +43.0%
Intangible fixed assets 21 €2,201 €1,369 -€832 -37.8%
Tangible fixed assets 22/27 €1,300 €3,638 +€2,338 +179.9%
Furniture and vehicles 24 €1,300 €3,638 +€2,338 +179.9%
Current assets 29/58 €1,255 €6,839 +€5,583 +444.9%
Amounts receivable within one year 40/41 €1,241 €879 -€362 -29.2%
Other amounts receivable 41 €1,241 €879 -€362 -29.2%
Cash at bank and in hand 54/58 €14 €1,065 +€1,050 +7376.6%
Deferred charges and accrued income 490/1 - €4,895 +€4,895
Total equity and liabilities 10/49 €4,756 €11,846 +€7,089 +149.0%
Equity 10/15 -€23,217 -€36,417 -€13,200 -56.9%
Contributions 10/11 €2,500 €2,500 = 0.0%
Profit (loss) carried forward 14 -€25,717 -€38,917 -€13,200 -51.3%
Amounts payable 17/49 €27,973 €48,263 +€20,289 +72.5%
Amounts payable within one year 42/48 €27,973 €48,263 +€20,289 +72.5%
Trade debts 44 €106 - -€106
Suppliers 440/4 €106 - -€106
Other amounts payable 47/48 €27,868 €48,263 +€20,395 +73.2%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €747 €1,416 +€669 +89.6%
Other operating charges 640/8 €214 €62 -€152 -71.0%
Non-recurring operating charges 66A €468 - -€468
Gross operating margin 9900 -€24,212 -€11,599 +€12,613 +52.1%
Operating profit (loss) 9901 -€25,641 -€13,077 +€12,564 +49.0%
Financial income 75/76B - €10 +€10
Recurring financial income 75 - €10 +€10
Financial charges 65/66B €76 €132 +€56 +74.0%
Recurring financial charges 65 €76 €132 +€56 +74.0%
Profit (loss) for the period before taxes 9903 -€25,717 -€13,200 +€12,517 +48.7%
Profit (loss) for the period 9904 -€25,717 -€13,200 +€12,517 +48.7%
Profit (loss) for the period to be appropriated 9905 -€25,717 -€13,200 +€12,517 +48.7%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.