VDE Solutions: 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 Solutions
Largest movements
- Receivables within one year +€14,085
up €14,085 (+168.7%), from €8,347 to €22,432
of which Trade receivables: +€12,826
- Deferred charges and accrued income +€5,313
up €5,313 (+1210.6%), from €439 to €5,752
- Cash +€2,843
up €2,843 (+117.0%), from €2,430 to €5,273
mainly Trade debts (+€10,862) and Net result for the year (+€6,125)
- Trade debts +€10,862
up €10,862 (+8691.8%), from €125 to €10,987
- Reserves +€6,125
new in 2025: €6,125
- Other debts +€4,208
up €4,208 (+927.3%), from €454 to €4,662
- Tax, wage and social debts +€1,046
up €1,046 (+26.7%), from €3,920 to €4,966
- Gross operating margin +€8,308
up €8,308 (+428.9%), from €1,937 to €10,245
- Taxes +€2,826
up €2,826 (+268.3%), from €1,053 to €3,879
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 | €11,216 | €33,457 | +€22,242 | +198.3% |
| Current assets | 29/58 | €11,216 | €33,457 | +€22,242 | +198.3% |
| Amounts receivable within one year | 40/41 | €8,347 | €22,432 | +€14,085 | +168.7% |
| Trade receivables | 40 | €8,337 | €21,163 | +€12,826 | +153.8% |
| Other amounts receivable | 41 | €10 | €1,269 | +€1,259 | +12694.3% |
| Cash at bank and in hand | 54/58 | €2,430 | €5,273 | +€2,843 | +117.0% |
| Deferred charges and accrued income | 490/1 | €439 | €5,752 | +€5,313 | +1210.6% |
| Total equity and liabilities | 10/49 | €11,216 | €33,457 | +€22,242 | +198.3% |
| Equity | 10/15 | €6,717 | €12,842 | +€6,125 | +91.2% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | - | €6,125 | +€6,125 | |
| Distributable reserves | 133 | - | €6,125 | +€6,125 | |
| Profit (loss) carried forward | 14 | €717 | €717 | = | 0.0% |
| Amounts payable | 17/49 | €4,499 | €20,616 | +€16,116 | +358.2% |
| Amounts payable within one year | 42/48 | €4,499 | €20,616 | +€16,116 | +358.2% |
| Trade debts | 44 | €125 | €10,987 | +€10,862 | +8691.8% |
| Suppliers | 440/4 | €125 | €10,987 | +€10,862 | +8691.8% |
| Taxes, remuneration and social security | 45 | €3,920 | €4,966 | +€1,046 | +26.7% |
| Taxes | 450/3 | €3,920 | €4,966 | +€1,046 | +26.7% |
| Other amounts payable | 47/48 | €454 | €4,662 | +€4,208 | +927.3% |
| Other operating charges | 640/8 | €182 | €120 | -€62 | -34.0% |
| Gross operating margin | 9900 | €1,937 | €10,245 | +€8,308 | +428.9% |
| Operating profit (loss) | 9901 | €1,755 | €10,125 | +€8,370 | +476.9% |
| Financial income | 75/76B | €13 | €19 | +€6 | +44.9% |
| Recurring financial income | 75 | €13 | €19 | +€6 | +44.9% |
| Financial charges | 65/66B | €69 | €139 | +€70 | +100.7% |
| Recurring financial charges | 65 | €69 | €139 | +€70 | +100.7% |
| Profit (loss) for the period before taxes | 9903 | €1,699 | €10,005 | +€8,306 | +488.9% |
| Income taxes | 67/77 | €1,053 | €3,879 | +€2,826 | +268.3% |
| Profit (loss) for the period | 9904 | €646 | €6,125 | +€5,480 | +848.9% |
| Profit (loss) for the period to be appropriated | 9905 | €646 | €6,125 | +€5,480 | +848.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.