VDB REPAIR: 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 REPAIR
Largest movements
- Stocks and contracts +€4,850
new in 2025: €4,850
- Receivables within one year -€4,437
down €4,437 (-77.4%), from €5,735 to €1,298
of which Trade receivables: -€4,437
- Tangible fixed assets -€1,069
down €1,069 (-14.3%), from €7,475 to €6,406
of which Furniture and vehicles: -€1,688
- Cash +€436
up €436 (+155%), from €281 to €718
mainly Other debts (+€7,129) and Receivables within one year (+€4,437)
- Other debts +€7,129
up €7,129 (+12.0%), from €59,414 to €66,543
- Profit (loss) carried forward -€5,961
down €5,961 (-9.7%), from -€61,347 to -€67,308
- Trade debts -€1,715
down €1,715 (-63.2%), from €2,711 to €997
- Tax, wage and social debts +€328
up €328 (+105%), from €312 to €640
- Gross operating margin +€2,241
up €2,241 (+77.3%), from -€2,900 to -€660
- Depreciation +€1,376
up €1,376 (+49.3%), from €2,793 to €4,169
- Staff costs -€269
down €269 (-48.9%), from €551 to €282
- Other operating charges -€114
down €114 (-12.7%), from €897 to €783
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 | €13,491 | €13,271 | -€219 | -1.6% |
| Fixed assets | 21/28 | €7,475 | €6,406 | -€1,069 | -14.3% |
| Tangible fixed assets | 22/27 | €7,475 | €6,406 | -€1,069 | -14.3% |
| Plant, machinery and equipment | 23 | €422 | €1,041 | +€619 | +147% |
| Furniture and vehicles | 24 | €7,053 | €5,365 | -€1,688 | -23.9% |
| Current assets | 29/58 | €6,016 | €6,866 | +€850 | +14.1% |
| Stocks and contracts in progress | 3 | - | €4,850 | +€4,850 | |
| Stocks | 30/36 | - | €4,850 | +€4,850 | |
| Amounts receivable within one year | 40/41 | €5,735 | €1,298 | -€4,437 | -77.4% |
| Trade receivables | 40 | €5,568 | €1,131 | -€4,437 | -79.7% |
| Other amounts receivable | 41 | €167 | €167 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €281 | €718 | +€436 | +155% |
| Total equity and liabilities | 10/49 | €13,491 | €13,271 | -€219 | -1.6% |
| Equity | 10/15 | -€48,947 | -€54,908 | -€5,961 | -12.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€61,347 | -€67,308 | -€5,961 | -9.7% |
| Amounts payable | 17/49 | €62,438 | €68,180 | +€5,742 | +9.2% |
| Amounts payable within one year | 42/48 | €62,438 | €68,180 | +€5,742 | +9.2% |
| Trade debts | 44 | €2,711 | €997 | -€1,715 | -63.2% |
| Suppliers | 440/4 | €2,711 | €997 | -€1,715 | -63.2% |
| Taxes, remuneration and social security | 45 | €312 | €640 | +€328 | +105% |
| Taxes | 450/3 | €312 | €640 | +€328 | +105% |
| Other amounts payable | 47/48 | €59,414 | €66,543 | +€7,129 | +12.0% |
| Remuneration, social security and pensions | 62 | €551 | €282 | -€269 | -48.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,793 | €4,169 | +€1,376 | +49.3% |
| Other operating charges | 640/8 | €897 | €783 | -€114 | -12.7% |
| Gross operating margin | 9900 | -€2,900 | -€660 | +€2,241 | +77.3% |
| Operating profit (loss) | 9901 | -€7,142 | -€5,894 | +€1,248 | +17.5% |
| Financial charges | 65/66B | €73 | €68 | -€5 | -7.0% |
| Recurring financial charges | 65 | €73 | €68 | -€5 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | -€7,214 | -€5,961 | +€1,253 | +17.4% |
| Profit (loss) for the period | 9904 | -€7,214 | -€5,961 | +€1,253 | +17.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,214 | -€5,961 | +€1,253 | +17.4% |
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.