VDEM & Co: 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.
VDEM & Co
Largest movements
- Receivables within one year -€94,667
down €94,667 (-86.1%), from €109,909 to €15,243
of which Trade receivables: -€94,909
- Other debts -€79,909
down €79,909 (-98.9%), from €80,760 to €850
- Profit (loss) carried forward -€20,518
down €20,518, from €9,042 to -€11,476
- Trade debts +€5,627
up €5,627 (+1,096%), from €513 to €6,140
- Purchases and services -€49,429
down €49,429 (-76.1%), from €64,923 to €15,494
- Turnover -€45,500
down €45,500 (-100%), from €45,500 to €0
- Gross operating margin +€3,929
up €3,929 (+20.2%), from -€19,423 to -€15,494
- Taxes +€2,282
up €2,282 (+119%), from €1,914 to €4,196
- Staff costs +€612
up €612 (+282%), from €217 to €829
From the 2023 result to the 2024 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.
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €110,795 | €15,975 | -€94,820 | -85.6% |
| Current assets | 29/58 | €110,795 | €15,975 | -€94,820 | -85.6% |
| Amounts receivable within one year | 40/41 | €109,909 | €15,243 | -€94,667 | -86.1% |
| Trade receivables | 40 | €109,909 | €15,000 | -€94,909 | -86.4% |
| Other amounts receivable | 41 | - | €243 | +€243 | |
| Cash at bank and in hand | 54/58 | €886 | €732 | -€154 | -17.4% |
| Total equity and liabilities | 10/49 | €110,795 | €15,975 | -€94,820 | -85.6% |
| Equity | 10/15 | €29,502 | €8,984 | -€20,518 | -69.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €9,042 | -€11,476 | -€20,518 | |
| Amounts payable | 17/49 | €81,293 | €6,991 | -€74,302 | -91.4% |
| Amounts payable within one year | 42/48 | €81,293 | €6,991 | -€74,302 | -91.4% |
| Trade debts | 44 | €513 | €6,140 | +€5,627 | +1,096% |
| Suppliers | 440/4 | €513 | €6,140 | +€5,627 | +1,096% |
| Taxes, remuneration and social security | 45 | €20 | - | -€20 | |
| Taxes | 450/3 | €20 | - | -€20 | |
| Other amounts payable | 47/48 | €80,760 | €850 | -€79,909 | -98.9% |
| Turnover | 70 | €45,500 | €0 | -€45,500 | -100% |
| Goods, raw materials, services and sundry goods | 60/61 | €64,923 | €15,494 | -€49,429 | -76.1% |
| Remuneration, social security and pensions | 62 | €217 | €829 | +€612 | +282% |
| Gross operating margin | 9900 | -€19,423 | -€15,494 | +€3,929 | +20.2% |
| Operating profit (loss) | 9901 | -€19,640 | -€16,322 | +€3,317 | +16.9% |
| Financial charges | 65/66B | €48 | - | -€48 | |
| Recurring financial charges | 65 | €48 | - | -€48 | |
| Profit (loss) for the period before taxes | 9903 | -€19,688 | -€16,322 | +€3,365 | +17.1% |
| Income taxes | 67/77 | €1,914 | €4,196 | +€2,282 | +119% |
| Profit (loss) for the period | 9904 | -€21,601 | -€20,518 | +€1,083 | +5.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,601 | -€20,518 | +€1,083 | +5.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.