VDBOSCH SERVICES: 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.
VDBOSCH SERVICES
Largest movements
- Receivables within one year +€49,307
up €49,307 (+19.1%), from €258,128 to €307,435
of which Other amounts receivable: +€49,781
- Cash +€39,852
up €39,852 (+117.0%), from €34,049 to €73,901
mainly Net result for the year (+€62,875) and Trade debts (+€46,688)
- Stocks and contracts +€28,730
up €28,730 (+79.2%), from €36,270 to €65,000
- Reserves +€59,375
up €59,375 (+23.6%), from €251,520 to €310,895
of which Distributable reserves: +€59,375
- Trade debts +€46,688
up €46,688 (+134.2%), from €34,797 to €81,485
- Short-term financial debts +€20,000
new in 2024: €20,000
- Gross operating margin +€18,923
up €18,923 (+27.7%), from €68,199 to €87,122
- Other operating charges +€15,433
new in 2024: €15,433
- Depreciation -€14,392
down €14,392 (-99.0%), from €14,531 to €139
- Taxes +€7,414
up €7,414 (+42.1%), from €17,632 to €25,046
- Financial income +€4,789
up €4,789 (+40.5%), from €11,839 to €16,629
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €328,825 | €450,281 | +€121,457 | +36.9% |
| Fixed assets | 21/28 | - | €2,361 | +€2,361 | |
| Tangible fixed assets | 22/27 | - | €2,361 | +€2,361 | |
| Furniture and vehicles | 24 | - | €2,361 | +€2,361 | |
| Current assets | 29/58 | €328,825 | €447,920 | +€119,096 | +36.2% |
| Stocks and contracts in progress | 3 | €36,270 | €65,000 | +€28,730 | +79.2% |
| Stocks | 30/36 | €36,270 | €65,000 | +€28,730 | +79.2% |
| Amounts receivable within one year | 40/41 | €258,128 | €307,435 | +€49,307 | +19.1% |
| Trade receivables | 40 | €8,653 | €8,180 | -€474 | -5.5% |
| Other amounts receivable | 41 | €249,475 | €299,255 | +€49,781 | +20.0% |
| Cash at bank and in hand | 54/58 | €34,049 | €73,901 | +€39,852 | +117.0% |
| Deferred charges and accrued income | 490/1 | €378 | €1,584 | +€1,206 | +319.4% |
| Total equity and liabilities | 10/49 | €328,825 | €450,281 | +€121,457 | +36.9% |
| Equity | 10/15 | €257,745 | €317,121 | +€59,375 | +23.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €251,520 | €310,895 | +€59,375 | +23.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €249,660 | €309,035 | +€59,375 | +23.8% |
| Profit (loss) carried forward | 14 | €25 | €26 | +€0 | +1.4% |
| Amounts payable | 17/49 | €71,080 | €133,161 | +€62,081 | +87.3% |
| Amounts payable within one year | 42/48 | €70,689 | €133,148 | +€62,459 | +88.4% |
| Financial debts | 43 | - | €20,000 | +€20,000 | |
| Credit institutions | 430/8 | - | €20,000 | +€20,000 | |
| Trade debts | 44 | €34,797 | €81,485 | +€46,688 | +134.2% |
| Suppliers | 440/4 | €34,797 | €81,485 | +€46,688 | +134.2% |
| Taxes, remuneration and social security | 45 | €32,392 | €28,162 | -€4,229 | -13.1% |
| Taxes | 450/3 | €32,392 | €28,162 | -€4,229 | -13.1% |
| Other amounts payable | 47/48 | €3,500 | €3,500 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €391 | €13 | -€378 | -96.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,531 | €139 | -€14,392 | -99.0% |
| Other operating charges | 640/8 | - | €15,433 | +€15,433 | |
| Gross operating margin | 9900 | €68,199 | €87,122 | +€18,923 | +27.7% |
| Operating profit (loss) | 9901 | €53,668 | €71,551 | +€17,883 | +33.3% |
| Financial income | 75/76B | €11,839 | €16,629 | +€4,789 | +40.5% |
| Recurring financial income | 75 | €11,839 | €16,629 | +€4,789 | +40.5% |
| Financial charges | 65/66B | €785 | €258 | -€527 | -67.1% |
| Recurring financial charges | 65 | €785 | €258 | -€527 | -67.1% |
| Profit (loss) for the period before taxes | 9903 | €64,722 | €87,921 | +€23,199 | +35.8% |
| Income taxes | 67/77 | €17,632 | €25,046 | +€7,414 | +42.1% |
| Profit (loss) for the period | 9904 | €47,090 | €62,875 | +€15,785 | +33.5% |
| Profit (loss) for the period to be appropriated | 9905 | €47,090 | €62,875 | +€15,785 | +33.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.