VDB Technicom: 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 Technicom
Largest movements
- Receivables within one year -€14,621
down €14,621 (-49.5%), from €29,546 to €14,926
of which Other amounts receivable: -€19,621
- Cash -€5,066
down €5,066 (-52.0%), from €9,740 to €4,673
mainly Trade debts (-€26,016) and Debts after one year (-€3,054)
- Tangible fixed assets -€4,658
down €4,658 (-65.6%), from €7,101 to €2,443
- Trade debts -€26,016
down €26,016 (-97.7%), from €26,625 to €609
- Other debts +€9,648
new in 2025: €9,648
- Debts after one year -€3,054
no longer reported in 2025 (was €3,054)
- Profit (loss) carried forward -€2,465
new in 2025: -€2,465
- Current portion of long-term debt -€1,917
down €1,917 (-38.6%), from €4,970 to €3,054
- Depreciation +€2,443
up €2,443 (+110.3%), from €2,214 to €4,658
- Other operating charges -€768
down €768 (-50.9%), from €1,508 to €740
- Financial charges +€414
up €414 (+16.6%), from €2,497 to €2,911
- Financial income -€413
no longer reported in 2025 (was €413)
- Taxes +€258
up €258 (+22.4%), from €1,150 to €1,408
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 | €46,655 | €22,042 | -€24,613 | -52.8% |
| Fixed assets | 21/28 | €7,101 | €2,443 | -€4,658 | -65.6% |
| Tangible fixed assets | 22/27 | €7,101 | €2,443 | -€4,658 | -65.6% |
| Furniture and vehicles | 24 | €7,101 | €2,443 | -€4,658 | -65.6% |
| Current assets | 29/58 | €39,554 | €19,599 | -€19,955 | -50.5% |
| Amounts receivable within one year | 40/41 | €29,546 | €14,926 | -€14,621 | -49.5% |
| Trade receivables | 40 | €9,923 | €14,923 | +€5,000 | +50.4% |
| Other amounts receivable | 41 | €19,623 | €3 | -€19,621 | -100.0% |
| Cash at bank and in hand | 54/58 | €9,740 | €4,673 | -€5,066 | -52.0% |
| Deferred charges and accrued income | 490/1 | €268 | - | -€268 | |
| Total equity and liabilities | 10/49 | €46,655 | €22,042 | -€24,613 | -52.8% |
| Equity | 10/15 | €5,059 | €2,535 | -€2,524 | -49.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €59 | - | -€59 | |
| Distributable reserves | 133 | €59 | - | -€59 | |
| Profit (loss) carried forward | 14 | - | -€2,465 | -€2,465 | |
| Amounts payable | 17/49 | €41,596 | €19,507 | -€22,089 | -53.1% |
| Amounts payable after more than one year | 17 | €3,054 | - | -€3,054 | |
| Financial debts | 170/4 | €3,054 | - | -€3,054 | |
| Amounts payable within one year | 42/48 | €38,543 | €19,507 | -€19,036 | -49.4% |
| Current portion of amounts payable after more than one year | 42 | €4,970 | €3,054 | -€1,917 | -38.6% |
| Trade debts | 44 | €26,625 | €609 | -€26,016 | -97.7% |
| Suppliers | 440/4 | €26,625 | €609 | -€26,016 | -97.7% |
| Taxes, remuneration and social security | 45 | €6,947 | €6,196 | -€751 | -10.8% |
| Taxes | 450/3 | €6,947 | €6,196 | -€751 | -10.8% |
| Other amounts payable | 47/48 | - | €9,648 | +€9,648 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,214 | €4,658 | +€2,443 | +110.3% |
| Other operating charges | 640/8 | €1,508 | €740 | -€768 | -50.9% |
| Gross operating margin | 9900 | €6,961 | €7,192 | +€232 | +3.3% |
| Operating profit (loss) | 9901 | €3,238 | €1,794 | -€1,444 | -44.6% |
| Financial income | 75/76B | €413 | - | -€413 | |
| Recurring financial income | 75 | €413 | - | -€413 | |
| Financial charges | 65/66B | €2,497 | €2,911 | +€414 | +16.6% |
| Recurring financial charges | 65 | €2,497 | €2,911 | +€414 | +16.6% |
| Profit (loss) for the period before taxes | 9903 | €1,155 | -€1,116 | -€2,271 | |
| Income taxes | 67/77 | €1,150 | €1,408 | +€258 | +22.4% |
| Profit (loss) for the period | 9904 | €5 | -€2,524 | -€2,529 | |
| Profit (loss) for the period to be appropriated | 9905 | €5 | -€2,524 | -€2,529 |
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 1 October 2026 via checked.be.