VDE ASSIST: 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.
VDE ASSIST
Largest movements
- Tangible fixed assets +€10,006
up €10,006 (+52.9%), from €18,906 to €28,912
of which Other tangible fixed assets: +€18,927
- Cash -€6,378
down €6,378 (-2.8%), from €227,288 to €220,909
mainly Investment in fixed assets (net) (-€20,752) and Tax, wage and social debts (-€8,030)
- Tax, wage and social debts -€8,030
down €8,030 (-83.8%), from €9,581 to €1,552
- Reserves +€6,547
up €6,547 (+4.2%), from €156,328 to €162,874
- Other debts +€3,336
up €3,336 (+4.7%), from €70,727 to €74,064
- Gross operating margin -€18,558
down €18,558 (-43.3%), from €42,898 to €24,340
- Taxes -€6,830
down €6,830 (-75.2%), from €9,085 to €2,255
- Financial charges +€2,960
up €2,960 (+136.8%), from €2,163 to €5,123
- Depreciation +€445
up €445 (+4.3%), from €10,301 to €10,746
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 | €257,440 | €259,102 | +€1,662 | +0.6% |
| Fixed assets | 21/28 | €19,246 | €29,252 | +€10,006 | +52.0% |
| Tangible fixed assets | 22/27 | €18,906 | €28,912 | +€10,006 | +52.9% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €3,446 | €1,535 | -€1,911 | -55.5% |
| Furniture and vehicles | 24 | €15,460 | €8,449 | -€7,011 | -45.3% |
| Other tangible fixed assets | 26 | - | €18,927 | +€18,927 | |
| Financial fixed assets | 28 | €340 | €340 | = | 0.0% |
| Current assets | 29/58 | €238,194 | €229,850 | -€8,344 | -3.5% |
| Amounts receivable within one year | 40/41 | €10,906 | €8,941 | -€1,966 | -18.0% |
| Trade receivables | 40 | €55 | €499 | +€444 | +808.3% |
| Other amounts receivable | 41 | €10,851 | €8,442 | -€2,409 | -22.2% |
| Cash at bank and in hand | 54/58 | €227,288 | €220,909 | -€6,378 | -2.8% |
| Total equity and liabilities | 10/49 | €257,440 | €259,102 | +€1,662 | +0.6% |
| Equity | 10/15 | €175,328 | €181,874 | +€6,547 | +3.7% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €156,328 | €162,874 | +€6,547 | +4.2% |
| Distributable reserves | 133 | €156,328 | €162,874 | +€6,547 | +4.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €82,112 | €77,227 | -€4,885 | -5.9% |
| Amounts payable within one year | 42/48 | €82,112 | €77,227 | -€4,885 | -5.9% |
| Trade debts | 44 | €1,804 | €1,612 | -€191 | -10.6% |
| Suppliers | 440/4 | €1,804 | €1,612 | -€191 | -10.6% |
| Taxes, remuneration and social security | 45 | €9,581 | €1,552 | -€8,030 | -83.8% |
| Taxes | 450/3 | €9,581 | €1,552 | -€8,030 | -83.8% |
| Other amounts payable | 47/48 | €70,727 | €74,064 | +€3,336 | +4.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | - | €118 | +€118 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,301 | €10,746 | +€445 | +4.3% |
| Other operating charges | 640/8 | €677 | €662 | -€15 | -2.3% |
| Gross operating margin | 9900 | €42,898 | €24,340 | -€18,558 | -43.3% |
| Operating profit (loss) | 9901 | €31,920 | €12,815 | -€19,105 | -59.9% |
| Financial income | 75/76B | €945 | €1,110 | +€166 | +17.5% |
| Recurring financial income | 75 | €945 | €1,110 | +€166 | +17.5% |
| Financial charges | 65/66B | €2,163 | €5,123 | +€2,960 | +136.8% |
| Recurring financial charges | 65 | €2,163 | €5,123 | +€2,960 | +136.8% |
| Profit (loss) for the period before taxes | 9903 | €30,701 | €8,802 | -€21,899 | -71.3% |
| Income taxes | 67/77 | €9,085 | €2,255 | -€6,830 | -75.2% |
| Profit (loss) for the period | 9904 | €21,616 | €6,547 | -€15,069 | -69.7% |
| Profit (loss) for the period to be appropriated | 9905 | €21,616 | €6,547 | -€15,069 | -69.7% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.