VDB Transport: 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 Transport
Largest movements
- Cash +€13,161
up €13,161 (+101%), from €13,045 to €26,206
mainly Trade debts (+€26,276) and Depreciation (+€10,109)
- Receivables within one year +€9,079
new in 2025: €9,079
- Trade debts +€26,276
new in 2025: €26,276
- Other debts -€9,000
down €9,000 (-68.3%), from €13,173 to €4,173
- Reserves +€5,000
up €5,000 (+500%), from €1,000 to €6,000
- Short-term financial debts -€5,000
no longer reported in 2025 (was €5,000)
- Tax, wage and social debts +€4,031
up €4,031 (+27.8%), from €14,524 to €18,555
of which Taxes: +€3,334
- Gross operating margin -€5,336
down €5,336 (-5.8%), from €92,520 to €87,184
- Financial charges -€4,240
down €4,240 (-72.2%), from €5,873 to €1,632
- Staff costs +€2,881
up €2,881 (+4.2%), from €69,233 to €72,113
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 | €30,023 | €52,155 | +€22,131 | +73.7% |
| Fixed assets | 21/28 | €16,978 | €16,870 | -€109 | -0.6% |
| Tangible fixed assets | 22/27 | €16,978 | €16,870 | -€109 | -0.6% |
| Plant, machinery and equipment | 23 | €737 | €553 | -€184 | -25.0% |
| Furniture and vehicles | 24 | €16,241 | €16,317 | +€76 | +0.5% |
| Current assets | 29/58 | €13,045 | €35,285 | +€22,240 | +170% |
| Amounts receivable within one year | 40/41 | - | €9,079 | +€9,079 | |
| Trade receivables | 40 | - | €9,079 | +€9,079 | |
| Cash at bank and in hand | 54/58 | €13,045 | €26,206 | +€13,161 | +101% |
| Total equity and liabilities | 10/49 | €30,023 | €52,155 | +€22,131 | +73.7% |
| Equity | 10/15 | -€2,673 | €3,151 | +€5,824 | |
| Reserves | 13 | €1,000 | €6,000 | +€5,000 | +500% |
| Non-distributable reserves | 130/1 | €1,000 | €6,000 | +€5,000 | +500% |
| Reserves not available under the articles | 1311 | €1,000 | €6,000 | +€5,000 | +500% |
| Profit (loss) carried forward | 14 | -€3,673 | -€2,849 | +€824 | +22.4% |
| Amounts payable | 17/49 | €32,697 | €49,004 | +€16,307 | +49.9% |
| Amounts payable within one year | 42/48 | €32,697 | €49,004 | +€16,307 | +49.9% |
| Financial debts | 43 | €5,000 | - | -€5,000 | |
| Other loans | 439 | €5,000 | - | -€5,000 | |
| Trade debts | 44 | - | €26,276 | +€26,276 | |
| Suppliers | 440/4 | - | €26,276 | +€26,276 | |
| Taxes, remuneration and social security | 45 | €14,524 | €18,555 | +€4,031 | +27.8% |
| Taxes | 450/3 | €9,871 | €13,205 | +€3,334 | +33.8% |
| Remuneration and social security | 454/9 | €4,653 | €5,350 | +€697 | +15.0% |
| Other amounts payable | 47/48 | €13,173 | €4,173 | -€9,000 | -68.3% |
| Remuneration, social security and pensions | 62 | €69,233 | €72,113 | +€2,881 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,668 | €10,109 | -€559 | -5.2% |
| Other operating charges | 640/8 | €2,945 | €2,572 | -€373 | -12.7% |
| Gross operating margin | 9900 | €92,520 | €87,184 | -€5,336 | -5.8% |
| Operating profit (loss) | 9901 | €9,675 | €2,391 | -€7,284 | -75.3% |
| Financial income | 75/76B | €0 | €65 | +€65 | +13,261% |
| Recurring financial income | 75 | €0 | €65 | +€65 | +13,261% |
| Financial charges | 65/66B | €5,873 | €1,632 | -€4,240 | -72.2% |
| Recurring financial charges | 65 | €5,873 | €1,632 | -€4,240 | -72.2% |
| Profit (loss) for the period before taxes | 9903 | €3,803 | €824 | -€2,979 | -78.3% |
| Profit (loss) for the period | 9904 | €3,803 | €824 | -€2,979 | -78.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,803 | €824 | -€2,979 | -78.3% |
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 19 October 2026 via checked.be.