VDEX MAINTENANCE: 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.
VDEX MAINTENANCE
Largest movements
- Cash +€14,849
up €14,849 (+227.2%), from €6,535 to €21,384
mainly Net result for the year (+€23,012) and Other debts (+€4,536)
- Deferred charges and accrued income -€4,495
down €4,495 (-96.6%), from €4,651 to €156
- Reserves +€23,012
up €23,012 (+47.6%), from €48,392 to €71,404
- Debts after one year -€12,079
down €12,079 (-27.5%), from €43,876 to €31,797
- Trade debts -€5,487
down €5,487 (-88.3%), from €6,214 to €726
- Other debts +€4,536
up €4,536 (+3.2%), from €142,419 to €146,955
- Gross operating margin +€30,879
up €30,879 (+722.9%), from €4,271 to €35,151
- Taxes +€2,430
up €2,430 (+40357.6%), from €6 to €2,436
- Depreciation +€920
up €920 (+28.5%), from €3,233 to €4,154
- Financial charges +€848
up €848 (+25.2%), from €3,372 to €4,220
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 | €265,331 | €277,951 | +€12,620 | +4.8% |
| Fixed assets | 21/28 | €253,435 | €256,085 | +€2,649 | +1.0% |
| Tangible fixed assets | 22/27 | €253,435 | €256,085 | +€2,649 | +1.0% |
| Land and buildings | 22 | €253,435 | €251,959 | -€1,477 | -0.6% |
| Furniture and vehicles | 24 | - | €4,126 | +€4,126 | |
| Current assets | 29/58 | €11,896 | €21,867 | +€9,971 | +83.8% |
| Amounts receivable within one year | 40/41 | €710 | €327 | -€383 | -53.9% |
| Other amounts receivable | 41 | €710 | €327 | -€383 | -53.9% |
| Cash at bank and in hand | 54/58 | €6,535 | €21,384 | +€14,849 | +227.2% |
| Deferred charges and accrued income | 490/1 | €4,651 | €156 | -€4,495 | -96.6% |
| Total equity and liabilities | 10/49 | €265,331 | €277,951 | +€12,620 | +4.8% |
| Equity | 10/15 | €60,792 | €83,804 | +€23,012 | +37.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €48,392 | €71,404 | +€23,012 | +47.6% |
| Distributable reserves | 133 | €48,392 | €71,404 | +€23,012 | +47.6% |
| Amounts payable | 17/49 | €204,539 | €194,147 | -€10,392 | -5.1% |
| Amounts payable after more than one year | 17 | €43,876 | €31,797 | -€12,079 | -27.5% |
| Financial debts | 170/4 | €43,876 | €31,797 | -€12,079 | -27.5% |
| Amounts payable within one year | 42/48 | €160,663 | €162,350 | +€1,687 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €11,492 | €12,079 | +€587 | +5.1% |
| Financial debts | 43 | €532 | €0 | -€532 | -100.0% |
| Credit institutions | 430/8 | €532 | €0 | -€532 | -100.0% |
| Trade debts | 44 | €6,214 | €726 | -€5,487 | -88.3% |
| Suppliers | 440/4 | €6,214 | €726 | -€5,487 | -88.3% |
| Taxes, remuneration and social security | 45 | €6 | €2,590 | +€2,584 | +42930.4% |
| Taxes | 450/3 | €6 | €2,590 | +€2,584 | +42930.4% |
| Other amounts payable | 47/48 | €142,419 | €146,955 | +€4,536 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,233 | €4,154 | +€920 | +28.5% |
| Other operating charges | 640/8 | €1,137 | €1,329 | +€192 | +16.9% |
| Gross operating margin | 9900 | €4,271 | €35,151 | +€30,879 | +722.9% |
| Operating profit (loss) | 9901 | -€99 | €29,668 | +€29,767 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €3,372 | €4,220 | +€848 | +25.2% |
| Recurring financial charges | 65 | €3,372 | €4,220 | +€848 | +25.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,471 | €25,447 | +€28,918 | |
| Income taxes | 67/77 | €6 | €2,436 | +€2,430 | +40357.6% |
| Profit (loss) for the period | 9904 | -€3,477 | €23,012 | +€26,489 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,477 | €23,012 | +€26,489 |
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 7 October 2026 via checked.be.