VDH Dcor: 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.
VDH Dcor
Largest movements
- Receivables within one year -€23,621
down €23,621 (-80.1%), from €29,484 to €5,863
of which Trade receivables: -€24,895
- Cash +€7,521
up €7,521 (+43.1%), from €17,448 to €24,969
mainly Receivables within one year (+€23,621) and Net result for the year (+€6,201)
- Tangible fixed assets -€1,400
down €1,400 (-62.4%), from €2,244 to €844
of which Furniture and vehicles: -€989
- Deferred charges and accrued income +€674
up €674 (+71.1%), from €949 to €1,623
- Trade debts -€15,839
down €15,839 (-99.1%), from €15,986 to €147
- Profit (loss) carried forward +€6,201
up €6,201 (+31.3%), from €19,806 to €26,006
- Advances received -€4,800
down €4,800 (-100.0%), from €4,800 to €0
- Tax, wage and social debts -€3,525
down €3,525 (-98.8%), from €3,566 to €41
of which Remuneration and social security: -€3,186
- Other debts +€1,137
up €1,137 (+117.6%), from €967 to €2,105
- Gross operating margin -€4,207
down €4,207 (-29.2%), from €14,405 to €10,198
- Taxes -€734
down €734 (-30.1%), from €2,441 to €1,707
- Financial income +€425
up €425, from €0 to €425
- Depreciation -€404
down €404 (-22.4%), from €1,804 to €1,400
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 | €50,125 | €33,299 | -€16,826 | -33.6% |
| Fixed assets | 21/28 | €2,244 | €844 | -€1,400 | -62.4% |
| Tangible fixed assets | 22/27 | €2,244 | €844 | -€1,400 | -62.4% |
| Plant, machinery and equipment | 23 | €980 | €570 | -€411 | -41.9% |
| Furniture and vehicles | 24 | €1,264 | €275 | -€989 | -78.3% |
| Current assets | 29/58 | €47,881 | €32,455 | -€15,426 | -32.2% |
| Amounts receivable within one year | 40/41 | €29,484 | €5,863 | -€23,621 | -80.1% |
| Trade receivables | 40 | €24,926 | €30 | -€24,895 | -99.9% |
| Other amounts receivable | 41 | €4,559 | €5,833 | +€1,274 | +27.9% |
| Cash at bank and in hand | 54/58 | €17,448 | €24,969 | +€7,521 | +43.1% |
| Deferred charges and accrued income | 490/1 | €949 | €1,623 | +€674 | +71.1% |
| Total equity and liabilities | 10/49 | €50,125 | €33,299 | -€16,826 | -33.6% |
| Equity | 10/15 | €24,806 | €31,006 | +€6,201 | +25.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,806 | €26,006 | +€6,201 | +31.3% |
| Amounts payable | 17/49 | €25,320 | €2,293 | -€23,026 | -90.9% |
| Amounts payable within one year | 42/48 | €25,320 | €2,293 | -€23,026 | -90.9% |
| Trade debts | 44 | €15,986 | €147 | -€15,839 | -99.1% |
| Suppliers | 440/4 | €15,986 | €147 | -€15,839 | -99.1% |
| Advances received on contracts in progress | 46 | €4,800 | €0 | -€4,800 | -100.0% |
| Taxes, remuneration and social security | 45 | €3,566 | €41 | -€3,525 | -98.8% |
| Taxes | 450/3 | €380 | €41 | -€339 | -89.2% |
| Remuneration and social security | 454/9 | €3,186 | €0 | -€3,186 | -100.0% |
| Other amounts payable | 47/48 | €967 | €2,105 | +€1,137 | +117.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,804 | €1,400 | -€404 | -22.4% |
| Other operating charges | 640/8 | €961 | €1,059 | +€98 | +10.1% |
| Gross operating margin | 9900 | €14,405 | €10,198 | -€4,207 | -29.2% |
| Operating profit (loss) | 9901 | €11,640 | €7,739 | -€3,901 | -33.5% |
| Financial income | 75/76B | €0 | €425 | +€425 | |
| Recurring financial income | 75 | €0 | €425 | +€425 | |
| Financial charges | 65/66B | €180 | €256 | +€75 | +41.9% |
| Recurring financial charges | 65 | €180 | €256 | +€75 | +41.9% |
| Profit (loss) for the period before taxes | 9903 | €11,460 | €7,908 | -€3,551 | -31.0% |
| Income taxes | 67/77 | €2,441 | €1,707 | -€734 | -30.1% |
| Profit (loss) for the period | 9904 | €9,018 | €6,201 | -€2,818 | -31.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,018 | €6,201 | -€2,818 | -31.2% |
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 8 October 2026 via checked.be.