VDG: 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.
VDG
Largest movements
- Cash -€11,826
down €11,826 (-68.0%), from €17,390 to €5,565
mainly Net result for the year (-€10,818) and Other debts (-€750)
- Receivables within one year +€259
up €259 (+721.5%), from €36 to €295
- Profit (loss) carried forward -€10,818
down €10,818 (-110.3%), from -€9,807 to -€20,625
- Other debts -€750
down €750 (-4.0%), from €18,701 to €17,951
- Gross operating margin +€3,368
up €3,368 (+24.0%), from -€14,023 to -€10,655
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.
Cash bridge derived
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 | €17,426 | €5,859 | -€11,567 | -66.4% |
| Current assets | 29/58 | €17,426 | €5,859 | -€11,567 | -66.4% |
| Amounts receivable within one year | 40/41 | €36 | €295 | +€259 | +721.5% |
| Other amounts receivable | 41 | €36 | €295 | +€259 | +721.5% |
| Cash at bank and in hand | 54/58 | €17,390 | €5,565 | -€11,826 | -68.0% |
| Total equity and liabilities | 10/49 | €17,426 | €5,859 | -€11,567 | -66.4% |
| Equity | 10/15 | -€1,302 | -€12,119 | -€10,818 | -831.0% |
| Contributions | 10/11 | €6,605 | €6,605 | = | 0.0% |
| Reserves | 13 | €1,900 | €1,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,807 | -€20,625 | -€10,818 | -110.3% |
| Amounts payable | 17/49 | €18,728 | €17,979 | -€749 | -4.0% |
| Amounts payable within one year | 42/48 | €18,728 | €17,979 | -€749 | -4.0% |
| Trade debts | 44 | €27 | €28 | +€1 | +3.0% |
| Suppliers | 440/4 | €27 | €28 | +€1 | +3.0% |
| Other amounts payable | 47/48 | €18,701 | €17,951 | -€750 | -4.0% |
| Gross operating margin | 9900 | -€14,023 | -€10,655 | +€3,368 | +24.0% |
| Operating profit (loss) | 9901 | -€14,023 | -€10,655 | +€3,368 | +24.0% |
| Financial charges | 65/66B | €158 | €163 | +€5 | +3.2% |
| Recurring financial charges | 65 | €158 | €163 | +€5 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | -€14,181 | -€10,818 | +€3,363 | +23.7% |
| Profit (loss) for the period | 9904 | -€14,181 | -€10,818 | +€3,363 | +23.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,181 | -€10,818 | +€3,363 | +23.7% |
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 11 October 2026 via checked.be.