VDD General Technic: 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.
VDD General Technic
Largest movements
- Cash +€33,288
up €33,288 (+47.1%), from €70,619 to €103,906
mainly Net result for the year (+€49,408) and Tax, wage and social debts (+€22,784)
- Tangible fixed assets +€16,242
up €16,242 (+63.3%), from €25,652 to €41,895
of which Furniture and vehicles: +€16,172
- Receivables within one year +€9,023
up €9,023 (+160.0%), from €5,641 to €14,664
of which Trade receivables: +€7,429
- Tax, wage and social debts +€22,784
up €22,784 (+317.2%), from €7,182 to €29,966
of which Taxes: +€15,470
- Profit (loss) carried forward +€20,887
up €20,887 (+44.1%), from €47,386 to €68,273
- Debts after one year +€9,900
up €9,900 (+131.7%), from €7,519 to €17,419
- Current portion of long-term debt +€5,709
up €5,709 (+90.2%), from €6,326 to €12,035
- Gross operating margin +€69,043
up €69,043 (+386.4%), from €17,868 to €86,911
- Taxes +€17,523
up €17,523 (+1828.4%), from €958 to €18,482
- Depreciation +€2,501
up €2,501 (+30.7%), from €8,144 to €10,645
- Financial charges +€2,188
up €2,188 (+41.5%), from €5,268 to €7,457
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 | €104,994 | €163,670 | +€58,676 | +55.9% |
| Fixed assets | 21/28 | €27,487 | €43,730 | +€16,242 | +59.1% |
| Tangible fixed assets | 22/27 | €25,652 | €41,895 | +€16,242 | +63.3% |
| Plant, machinery and equipment | 23 | €1,406 | €1,477 | +€70 | +5.0% |
| Furniture and vehicles | 24 | €24,246 | €40,418 | +€16,172 | +66.7% |
| Financial fixed assets | 28 | €1,835 | €1,835 | = | 0.0% |
| Current assets | 29/58 | €77,507 | €119,941 | +€42,434 | +54.7% |
| Amounts receivable within one year | 40/41 | €5,641 | €14,664 | +€9,023 | +160.0% |
| Trade receivables | 40 | €2,800 | €10,229 | +€7,429 | +265.3% |
| Other amounts receivable | 41 | €2,841 | €4,435 | +€1,594 | +56.1% |
| Cash at bank and in hand | 54/58 | €70,619 | €103,906 | +€33,288 | +47.1% |
| Deferred charges and accrued income | 490/1 | €1,247 | €1,371 | +€124 | +9.9% |
| Total equity and liabilities | 10/49 | €104,994 | €163,670 | +€58,676 | +55.9% |
| Equity | 10/15 | €67,846 | €88,733 | +€20,887 | +30.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,386 | €68,273 | +€20,887 | +44.1% |
| Amounts payable | 17/49 | €37,148 | €74,937 | +€37,789 | +101.7% |
| Amounts payable after more than one year | 17 | €7,519 | €17,419 | +€9,900 | +131.7% |
| Financial debts | 170/4 | €7,519 | €17,419 | +€9,900 | +131.7% |
| Amounts payable within one year | 42/48 | €29,629 | €57,518 | +€27,889 | +94.1% |
| Current portion of amounts payable after more than one year | 42 | €6,326 | €12,035 | +€5,709 | +90.2% |
| Trade debts | 44 | €15,548 | €15,338 | -€210 | -1.3% |
| Suppliers | 440/4 | €15,548 | €15,338 | -€210 | -1.3% |
| Taxes, remuneration and social security | 45 | €7,182 | €29,966 | +€22,784 | +317.2% |
| Taxes | 450/3 | €4,790 | €20,260 | +€15,470 | +322.9% |
| Remuneration and social security | 454/9 | €2,392 | €9,706 | +€7,314 | +305.8% |
| Other amounts payable | 47/48 | €573 | €179 | -€394 | -68.8% |
| Non-recurring operating income | 76A | €2,400 | €300 | -€2,100 | -87.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,144 | €10,645 | +€2,501 | +30.7% |
| Other operating charges | 640/8 | €796 | €989 | +€192 | +24.2% |
| Gross operating margin | 9900 | €17,868 | €86,911 | +€69,043 | +386.4% |
| Operating profit (loss) | 9901 | €8,928 | €75,277 | +€66,350 | +743.2% |
| Financial income | 75/76B | €36 | €70 | +€33 | +91.3% |
| Recurring financial income | 75 | €36 | €70 | +€33 | +91.3% |
| Financial charges | 65/66B | €5,268 | €7,457 | +€2,188 | +41.5% |
| Recurring financial charges | 65 | €5,268 | €7,457 | +€2,188 | +41.5% |
| Profit (loss) for the period before taxes | 9903 | €3,696 | €67,890 | +€64,195 | +1737.0% |
| Income taxes | 67/77 | €958 | €18,482 | +€17,523 | +1828.4% |
| Profit (loss) for the period | 9904 | €2,737 | €49,408 | +€46,671 | +1705.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,737 | €49,408 | +€46,671 | +1705.0% |
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 9 October 2026 via checked.be.