VDD SYSTEMS: 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.
VDD SYSTEMS
Largest movements
- Cash +€140,795
up €140,795 (+199.0%), from €70,751 to €211,546
mainly Net result for the year (+€72,213) and Trade debts (+€58,500)
- Tangible fixed assets -€22,911
down €22,911 (-23.2%), from €98,613 to €75,702
of which Plant, machinery and equipment: -€13,422
- Deferred charges and accrued income +€22,177
up €22,177 (+337.6%), from €6,569 to €28,746
- Receivables within one year +€7,161
up €7,161 (+5.2%), from €137,304 to €144,465
of which Other amounts receivable: +€11,029
- Reserves +€72,213
up €72,213 (+28.0%), from €258,141 to €330,354
- Trade debts +€58,500
up €58,500 (+523.0%), from €11,185 to €69,685
- Tax, wage and social debts +€20,334
up €20,334 (+99.2%), from €20,508 to €40,843
- Gross operating margin +€140,826
up €140,826 (+31.6%), from €445,912 to €586,738
- Staff costs +€49,353
up €49,353 (+12.3%), from €401,424 to €450,776
- Taxes +€24,469
up €24,469 (+519.5%), from €4,710 to €29,179
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 | €313,238 | €460,459 | +€147,221 | +47.0% |
| Fixed assets | 21/28 | €98,613 | €75,702 | -€22,911 | -23.2% |
| Tangible fixed assets | 22/27 | €98,613 | €75,702 | -€22,911 | -23.2% |
| Plant, machinery and equipment | 23 | €37,157 | €23,735 | -€13,422 | -36.1% |
| Furniture and vehicles | 24 | €61,456 | €51,967 | -€9,489 | -15.4% |
| Current assets | 29/58 | €214,625 | €384,757 | +€170,132 | +79.3% |
| Amounts receivable within one year | 40/41 | €137,304 | €144,465 | +€7,161 | +5.2% |
| Trade receivables | 40 | €118,047 | €114,179 | -€3,869 | -3.3% |
| Other amounts receivable | 41 | €19,257 | €30,286 | +€11,029 | +57.3% |
| Cash at bank and in hand | 54/58 | €70,751 | €211,546 | +€140,795 | +199.0% |
| Deferred charges and accrued income | 490/1 | €6,569 | €28,746 | +€22,177 | +337.6% |
| Total equity and liabilities | 10/49 | €313,238 | €460,459 | +€147,221 | +47.0% |
| Equity | 10/15 | €276,741 | €348,954 | +€72,213 | +26.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €258,141 | €330,354 | +€72,213 | +28.0% |
| Distributable reserves | 133 | €258,141 | €330,354 | +€72,213 | +28.0% |
| Amounts payable | 17/49 | €36,497 | €111,506 | +€75,009 | +205.5% |
| Amounts payable within one year | 42/48 | €31,693 | €110,527 | +€78,834 | +248.7% |
| Trade debts | 44 | €11,185 | €69,685 | +€58,500 | +523.0% |
| Suppliers | 440/4 | €11,185 | €69,685 | +€58,500 | +523.0% |
| Taxes, remuneration and social security | 45 | €20,508 | €40,843 | +€20,334 | +99.2% |
| Remuneration and social security | 454/9 | €20,508 | €40,843 | +€20,334 | +99.2% |
| Accrued charges and deferred income | 492/3 | €4,804 | €978 | -€3,825 | -79.6% |
| Remuneration, social security and pensions | 62 | €401,424 | €450,776 | +€49,353 | +12.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,162 | €30,355 | -€808 | -2.6% |
| Other operating charges | 640/8 | €3,793 | €2,047 | -€1,746 | -46.0% |
| Gross operating margin | 9900 | €445,912 | €586,738 | +€140,826 | +31.6% |
| Operating profit (loss) | 9901 | €9,533 | €103,560 | +€94,027 | +986.4% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €1,224 | €2,171 | +€947 | +77.3% |
| Recurring financial charges | 65 | €1,224 | €2,171 | +€947 | +77.3% |
| Profit (loss) for the period before taxes | 9903 | €8,308 | €101,392 | +€93,084 | +1120.4% |
| Income taxes | 67/77 | €4,710 | €29,179 | +€24,469 | +519.5% |
| Profit (loss) for the period | 9904 | €3,598 | €72,213 | +€68,615 | +1907.0% |
| Profit (loss) for the period to be appropriated | 9905 | €3,598 | €72,213 | +€68,615 | +1907.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.