VDC ROESELARE: what changed
What changed
VDC ROESELARE
NACE 46.643, Wholesale of electrical equipment, including installation materials
filed annual accounts (NBB)
Net result for the year
€1.8m
2024 · €2.1m-€275,793
Equity
€8.4m
2024 · €8.3m+€70,428
Cash
€7.4m
2024 · €7.7m-€208,149
Balance sheet total
€11.7m
2024 · €12.5m-€716,562
Largest movements
Assets
- Receivables within one year -€313,139
down €313,139 (-11.0%), from €2.9m to €2.5m
of which Trade receivables: -€326,276
- Cash -€208,149
down €208,149 (-2.7%), from €7.7m to €7.4m
mainly Contributions, distributions and other (-€1.7m) and Trade debts (-€944,315)
- Stocks and contracts -€204,145
down €204,145 (-24.3%), from €839,109 to €634,964
Equity and liabilities
- Trade debts -€944,315
down €944,315 (-50.4%), from €1.9m to €930,754
- Other debts +€125,905
up €125,905 (+7.8%), from €1.6m to €1.7m
Income statement
- Turnover +€411,011
up €411,011 (+2.6%), from €15.7m to €16.1m
- Goods and materials +€255,004
up €255,004 (+2.3%), from €11.3m to €11.6m
of which Change in stocks: decrease (increase): +€289,144
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€2.1m
Turnover
+€411,011
Other operating income
-€18,039
Goods and materials
-€255,004
Services and other goods
+€36,057
Staff costs
+€52,557
Depreciation
+€445
Write-downs
+€25,730
Other operating charges
-€7,312
Other operating items
-€532,571
Financial income
-€132,864
Financial charges
+€16,276
Taxes
-€5,223
Deferred taxes and other
+€133,143
Result 2025
€1.8m
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.6m
Investment
-€118,799
Financing
-€1.7m
Cash 2024
€7.7m
From operations (derived)
+€1.6m
Net result for the year
+€1.8m
Depreciation
+€109,927
Stocks and contracts
+€204,145
Receivables within one year
+€313,139
Trade debts
-€944,315
Tax, wage and social debts
+€2,815
Other debts
+€125,905
Accrued charges and deferred income
+€28,605
Investment (derived)
-€118,799
Investment in fixed assets (net)
-€118,799
Financing
-€1.7m
Contributions, distributions and other
-€1.7m
Cash 2025
€7.4m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,459,047 | €11,742,485 | -€716,562 | -5.8% |
| Fixed assets | 21/28 | €1,113,141 | €1,122,013 | +€8,871 | +0.8% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €1,112,649 | €1,089,016 | -€23,634 | -2.1% |
| Land and buildings | 22 | €937,476 | €886,768 | -€50,708 | -5.4% |
| Plant, machinery and equipment | 23 | €1,625 | €21,091 | +€19,466 | +1,198% |
| Furniture and vehicles | 24 | €173,548 | €125,171 | -€48,377 | -27.9% |
| Other tangible fixed assets | 26 | - | €55,985 | +€55,985 | |
| Financial fixed assets | 28 | €492 | €32,997 | +€32,505 | +6,607% |
| Other financial fixed assets | 284/8 | €492 | €32,997 | +€32,505 | +6,607% |
| Amounts receivable and cash guarantees | 285/8 | €492 | €32,997 | +€32,505 | +6,607% |
| Current assets | 29/58 | €11,345,905 | €10,620,472 | -€725,433 | -6.4% |
| Stocks and contracts in progress | 3 | €839,109 | €634,964 | -€204,145 | -24.3% |
| Stocks | 30/36 | €839,109 | €634,964 | -€204,145 | -24.3% |
| Raw materials and consumables | 30/31 | €5,151 | €1,091 | -€4,060 | -78.8% |
| Goods purchased for resale | 34 | €833,958 | €633,873 | -€200,085 | -24.0% |
| Amounts receivable within one year | 40/41 | €2,851,759 | €2,538,620 | -€313,139 | -11.0% |
| Trade receivables | 40 | €2,828,499 | €2,502,223 | -€326,276 | -11.5% |
| Other amounts receivable | 41 | €23,260 | €36,397 | +€13,137 | +56.5% |
| Cash at bank and in hand | 54/58 | €7,655,037 | €7,446,888 | -€208,149 | -2.7% |
| Total equity and liabilities | 10/49 | €12,459,047 | €11,742,485 | -€716,562 | -5.8% |
| Equity | 10/15 | €8,345,922 | €8,416,350 | +€70,428 | +0.8% |
| Contributions | 10/11 | €425,000 | €425,000 | = | 0.0% |
| Capital | 10 | €425,000 | €425,000 | = | 0.0% |
| Issued capital | 100 | €425,000 | €425,000 | = | 0.0% |
| Reserves | 13 | €3,242,080 | €3,242,080 | = | 0.0% |
| Non-distributable reserves | 130/1 | €42,500 | €42,500 | = | 0.0% |
| Legal reserve | 130 | €42,500 | €42,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €433,220 | €433,220 | = | 0.0% |
| Distributable reserves | 133 | €2,766,360 | €2,766,360 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,678,842 | €4,749,270 | +€70,428 | +1.5% |
| Provisions and deferred taxes | 16 | €133,143 | €133,143 | = | 0.0% |
| Deferred taxes | 168 | €133,143 | €133,143 | = | 0.0% |
| Amounts payable | 17/49 | €3,979,982 | €3,192,992 | -€786,990 | -19.8% |
| Amounts payable within one year | 42/48 | €3,979,982 | €3,164,387 | -€815,595 | -20.5% |
| Trade debts | 44 | €1,875,069 | €930,754 | -€944,315 | -50.4% |
| Suppliers | 440/4 | €1,875,069 | €930,754 | -€944,315 | -50.4% |
| Taxes, remuneration and social security | 45 | €490,773 | €493,587 | +€2,815 | +0.6% |
| Taxes | 450/3 | €315,008 | €337,180 | +€22,172 | +7.0% |
| Remuneration and social security | 454/9 | €175,765 | €156,408 | -€19,357 | -11.0% |
| Other amounts payable | 47/48 | €1,614,140 | €1,740,045 | +€125,905 | +7.8% |
| Accrued charges and deferred income | 492/3 | - | €28,605 | +€28,605 | |
| Operating income | 70/76A | €16,284,217 | €16,144,619 | -€139,598 | -0.9% |
| Turnover | 70 | €15,683,981 | €16,094,993 | +€411,011 | +2.6% |
| Other operating income | 74 | €67,666 | €49,626 | -€18,039 | -26.7% |
| Non-recurring operating income | 76A | €532,571 | - | -€532,571 | |
| Operating charges | 60/66A | €13,741,366 | €13,888,893 | +€147,527 | +1.1% |
| Goods for resale, raw materials and consumables | 60 | €11,295,917 | €11,550,922 | +€255,004 | +2.3% |
| Purchases | 600/8 | €11,380,916 | €11,346,776 | -€34,139 | -0.3% |
| Change in stocks: decrease (increase) | 609 | -€84,998 | €204,145 | +€289,144 | |
| Services and other goods | 61 | €790,516 | €754,459 | -€36,057 | -4.6% |
| Remuneration, social security and pensions | 62 | €1,498,855 | €1,446,298 | -€52,557 | -3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €110,372 | €109,927 | -€445 | -0.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €12,929 | -€12,801 | -€25,730 | |
| Other operating charges | 640/8 | €32,776 | €40,088 | +€7,312 | +22.3% |
| Operating profit (loss) | 9901 | €2,542,851 | €2,255,726 | -€287,125 | -11.3% |
| Financial income | 75/76B | €314,763 | €181,900 | -€132,864 | -42.2% |
| Recurring financial income | 75 | €314,763 | €181,900 | -€132,864 | -42.2% |
| Income from current assets | 751 | €305,680 | €170,846 | -€134,833 | -44.1% |
| Other financial income | 752/9 | €9,084 | €11,053 | +€1,970 | +21.7% |
| Financial charges | 65/66B | €25,160 | €8,885 | -€16,276 | -64.7% |
| Recurring financial charges | 65 | €25,160 | €8,885 | -€16,276 | -64.7% |
| Other financial charges | 652/9 | €25,160 | €8,885 | -€16,276 | -64.7% |
| Profit (loss) for the period before taxes | 9903 | €2,832,454 | €2,428,741 | -€403,713 | -14.3% |
| Transfer to deferred taxes | 680 | €133,143 | - | -€133,143 | |
| Income taxes | 67/77 | €617,090 | €622,313 | +€5,223 | +0.8% |
| Taxes | 670/3 | €617,090 | €622,313 | +€5,223 | +0.8% |
| Profit (loss) for the period | 9904 | €2,082,221 | €1,806,428 | -€275,793 | -13.2% |
| Transfer to tax-exempt reserves | 689 | €399,428 | - | -€399,428 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,682,794 | €1,806,428 | +€123,635 | +7.3% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.