VDDW: 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.
VDDW
Largest movements
- Cash +€12,396
up €12,396 (+438.7%), from €2,826 to €15,222
mainly Net result for the year (+€15,811) and Short-term financial debts (+€10,000)
- Receivables within one year +€8,200
new in 2025: €8,200
of which Other amounts receivable: +€4,923
- Stocks and contracts +€5,685
up €5,685 (+71.1%), from €8,000 to €13,685
- Financial fixed assets +€2,400
new in 2025: €2,400
- Profit (loss) carried forward +€15,811
up €15,811 (+237.6%), from €6,655 to €22,466
- Short-term financial debts +€10,000
new in 2025: €10,000
- Tax, wage and social debts +€2,918
up €2,918 (+118.7%), from €2,458 to €5,376
- Gross operating margin +€13,235
up €13,235 (+139.0%), from €9,519 to €22,754
- Taxes +€3,121
up €3,121 (+138.4%), from €2,255 to €5,376
- Financial charges +€1,019
up €1,019 (+581.8%), from €175 to €1,194
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 | €11,713 | €40,730 | +€29,016 | +247.7% |
| Fixed assets | 21/28 | - | €2,400 | +€2,400 | |
| Financial fixed assets | 28 | - | €2,400 | +€2,400 | |
| Current assets | 29/58 | €11,713 | €38,330 | +€26,616 | +227.2% |
| Stocks and contracts in progress | 3 | €8,000 | €13,685 | +€5,685 | +71.1% |
| Stocks | 30/36 | €8,000 | €13,685 | +€5,685 | +71.1% |
| Amounts receivable within one year | 40/41 | - | €8,200 | +€8,200 | |
| Trade receivables | 40 | - | €3,277 | +€3,277 | |
| Other amounts receivable | 41 | - | €4,923 | +€4,923 | |
| Cash at bank and in hand | 54/58 | €2,826 | €15,222 | +€12,396 | +438.7% |
| Deferred charges and accrued income | 490/1 | €888 | €1,223 | +€336 | +37.8% |
| Total equity and liabilities | 10/49 | €11,713 | €40,730 | +€29,016 | +247.7% |
| Equity | 10/15 | €9,255 | €25,066 | +€15,811 | +170.8% |
| Contributions | 10/11 | €2,600 | €2,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,655 | €22,466 | +€15,811 | +237.6% |
| Amounts payable | 17/49 | €2,458 | €15,663 | +€13,205 | +537.1% |
| Amounts payable within one year | 42/48 | €2,458 | €15,663 | +€13,205 | +537.1% |
| Financial debts | 43 | - | €10,000 | +€10,000 | |
| Credit institutions | 430/8 | - | €10,000 | +€10,000 | |
| Trade debts | 44 | - | €287 | +€287 | |
| Suppliers | 440/4 | - | €287 | +€287 | |
| Taxes, remuneration and social security | 45 | €2,458 | €5,376 | +€2,918 | +118.7% |
| Taxes | 450/3 | €2,458 | €5,376 | +€2,918 | +118.7% |
| Other operating charges | 640/8 | €434 | €387 | -€47 | -10.8% |
| Gross operating margin | 9900 | €9,519 | €22,754 | +€13,235 | +139.0% |
| Operating profit (loss) | 9901 | €9,085 | €22,367 | +€13,282 | +146.2% |
| Financial income | 75/76B | €0 | €15 | +€15 | +149900.0% |
| Recurring financial income | 75 | €0 | €15 | +€15 | +149900.0% |
| Financial charges | 65/66B | €175 | €1,194 | +€1,019 | +581.8% |
| Recurring financial charges | 65 | €175 | €1,194 | +€1,019 | +581.8% |
| Profit (loss) for the period before taxes | 9903 | €8,910 | €21,187 | +€12,278 | +137.8% |
| Income taxes | 67/77 | €2,255 | €5,376 | +€3,121 | +138.4% |
| Profit (loss) for the period | 9904 | €6,655 | €15,811 | +€9,156 | +137.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,655 | €15,811 | +€9,156 | +137.6% |
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 28 September 2026 via checked.be.