VdF Avocats: 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.
VdF Avocats
Largest movements
- Cash +€26,439
up €26,439 (+59.5%), from €44,425 to €70,864
mainly Net result for the year (+€13,200) and Receivables within one year (+€12,471)
- Receivables within one year -€12,471
no longer reported in 2025 (was €12,471)
- Deferred charges and accrued income +€9,109
up €9,109 (+320%), from €2,845 to €11,954
- Tangible fixed assets -€7,385
down €7,385 (-65.8%), from €11,223 to €3,838
- Tax, wage and social debts +€9,728
up €9,728 (+970%), from €1,003 to €10,731
of which Taxes: +€8,728
- Profit (loss) carried forward +€7,600
up €7,600, from -€7,538 to €62
- Other debts -€5,911
down €5,911 (-13.3%), from €44,329 to €38,418
- Reserves +€5,600
up €5,600 (+26.0%), from €21,500 to €27,100
- Current portion of long-term debt -€1,691
no longer reported in 2025 (was €1,691)
- Gross operating margin +€18,878
up €18,878 (+147%), from €12,812 to €31,690
- Taxes +€6,950
up €6,950 (+5,147%), from €135 to €7,085
- Depreciation +€912
up €912 (+10.1%), from €8,983 to €9,895
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.
Derived cash bridge
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 | €70,964 | €86,656 | +€15,692 | +22.1% |
| Fixed assets | 21/28 | €11,223 | €3,838 | -€7,385 | -65.8% |
| Tangible fixed assets | 22/27 | €11,223 | €3,838 | -€7,385 | -65.8% |
| Furniture and vehicles | 24 | €11,223 | €3,838 | -€7,385 | -65.8% |
| Current assets | 29/58 | €59,741 | €82,818 | +€23,077 | +38.6% |
| Amounts receivable within one year | 40/41 | €12,471 | - | -€12,471 | |
| Trade receivables | 40 | €12,471 | - | -€12,471 | |
| Cash at bank and in hand | 54/58 | €44,425 | €70,864 | +€26,439 | +59.5% |
| Deferred charges and accrued income | 490/1 | €2,845 | €11,954 | +€9,109 | +320% |
| Total equity and liabilities | 10/49 | €70,964 | €86,656 | +€15,692 | +22.1% |
| Equity | 10/15 | €20,162 | €33,362 | +€13,200 | +65.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €21,500 | €27,100 | +€5,600 | +26.0% |
| Distributable reserves | 133 | €21,500 | €27,100 | +€5,600 | +26.0% |
| Profit (loss) carried forward | 14 | -€7,538 | €62 | +€7,600 | |
| Amounts payable | 17/49 | €50,802 | €53,294 | +€2,493 | +4.9% |
| Amounts payable within one year | 42/48 | €49,302 | €51,794 | +€2,493 | +5.1% |
| Current portion of amounts payable after more than one year | 42 | €1,691 | - | -€1,691 | |
| Trade debts | 44 | €2,279 | €2,646 | +€367 | +16.1% |
| Suppliers | 440/4 | €2,279 | €2,646 | +€367 | +16.1% |
| Taxes, remuneration and social security | 45 | €1,003 | €10,731 | +€9,728 | +970% |
| Taxes | 450/3 | €1,003 | €9,731 | +€8,728 | +870% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €44,329 | €38,418 | -€5,911 | -13.3% |
| Accrued charges and deferred income | 492/3 | €1,500 | €1,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,983 | €9,895 | +€912 | +10.1% |
| Other operating charges | 640/8 | €1,141 | €1,373 | +€232 | +20.4% |
| Gross operating margin | 9900 | €12,812 | €31,690 | +€18,878 | +147% |
| Operating profit (loss) | 9901 | €2,688 | €20,422 | +€17,734 | +660% |
| Financial income | 75/76B | €33 | €35 | +€1 | +4.1% |
| Recurring financial income | 75 | €33 | €35 | +€1 | +4.1% |
| Financial charges | 65/66B | €231 | €172 | -€58 | -25.3% |
| Recurring financial charges | 65 | €231 | €172 | -€58 | -25.3% |
| Profit (loss) for the period before taxes | 9903 | €2,490 | €20,284 | +€17,794 | +714% |
| Income taxes | 67/77 | €135 | €7,085 | +€6,950 | +5,147% |
| Profit (loss) for the period | 9904 | €2,355 | €13,200 | +€10,844 | +460% |
| Profit (loss) for the period to be appropriated | 9905 | €2,355 | €13,200 | +€10,844 | +460% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.