VDE & CO: 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.
VDE & CO
Largest movements
- Receivables within one year +€25,094
up €25,094 (+165.5%), from €15,161 to €40,255
of which Trade receivables: +€25,200
- Cash -€1,908
down €1,908 (-74.7%), from €2,553 to €645
mainly Receivables within one year (-€25,094) and Contributions, distributions and other (-€0)
- Other debts +€16,611
up €16,611 (+195.7%), from €8,487 to €25,098
- Profit (loss) carried forward +€3,738
up €3,738, from -€1,842 to €1,896
- Tax, wage and social debts +€1,788
up €1,788 (+47.0%), from €3,804 to €5,592
- Trade debts +€1,049
up €1,049 (+98.5%), from €1,065 to €2,114
- Turnover +€19,952
up €19,952 (+36.2%), from €55,048 to €75,000
- Gross operating margin +€19,177
up €19,177 (+37.1%), from €51,685 to €70,862
- Staff costs +€16,747
up €16,747 (+33.4%), from €50,127 to €66,874
- Purchases and services +€775
up €775 (+23.0%), from €3,363 to €4,138
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 | €17,714 | €40,901 | +€23,186 | +130.9% |
| Current assets | 29/58 | €17,714 | €40,901 | +€23,186 | +130.9% |
| Amounts receivable within one year | 40/41 | €15,161 | €40,255 | +€25,094 | +165.5% |
| Trade receivables | 40 | €15,000 | €40,200 | +€25,200 | +168.0% |
| Other amounts receivable | 41 | €161 | €55 | -€106 | -65.7% |
| Cash at bank and in hand | 54/58 | €2,553 | €645 | -€1,908 | -74.7% |
| Total equity and liabilities | 10/49 | €17,714 | €40,901 | +€23,186 | +130.9% |
| Equity | 10/15 | €4,358 | €8,096 | +€3,738 | +85.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | - | €6,200 | +€6,200 | |
| Issued capital | 100 | - | €18,600 | +€18,600 | |
| Uncalled capital | 101 | - | €12,400 | +€12,400 | |
| Outside capital | 11 | - | €0 | = | |
| Share premium | 1100/10 | - | €0 | = | |
| Profit (loss) carried forward | 14 | -€1,842 | €1,896 | +€3,738 | |
| Amounts payable | 17/49 | €13,356 | €32,804 | +€19,448 | +145.6% |
| Amounts payable within one year | 42/48 | €13,356 | €32,804 | +€19,448 | +145.6% |
| Trade debts | 44 | €1,065 | €2,114 | +€1,049 | +98.5% |
| Suppliers | 440/4 | €1,065 | €2,114 | +€1,049 | +98.5% |
| Taxes, remuneration and social security | 45 | €3,804 | €5,592 | +€1,788 | +47.0% |
| Remuneration and social security | 454/9 | €3,804 | €5,592 | +€1,788 | +47.0% |
| Other amounts payable | 47/48 | €8,487 | €25,098 | +€16,611 | +195.7% |
| Turnover | 70 | €55,048 | €75,000 | +€19,952 | +36.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,363 | €4,138 | +€775 | +23.0% |
| Remuneration, social security and pensions | 62 | €50,127 | €66,874 | +€16,747 | +33.4% |
| Other operating charges | 640/8 | - | €229 | +€229 | |
| Gross operating margin | 9900 | €51,685 | €70,862 | +€19,177 | +37.1% |
| Operating profit (loss) | 9901 | €1,558 | €3,760 | +€2,202 | +141.3% |
| Financial income | 75/76B | - | €52 | +€52 | |
| Recurring financial income | 75 | - | €52 | +€52 | |
| Financial charges | 65/66B | €119 | €74 | -€46 | -38.2% |
| Recurring financial charges | 65 | €119 | €74 | -€46 | -38.2% |
| Profit (loss) for the period before taxes | 9903 | €1,439 | €3,738 | +€2,299 | +159.8% |
| Profit (loss) for the period | 9904 | €1,439 | €3,738 | +€2,299 | +159.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,439 | €3,738 | +€2,299 | +159.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 April 2024 and 30 April 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.