VDH Mesure: 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.
VDH Mesure
Largest movements
- Cash +€21,373
up €21,373 (+102%), from €20,895 to €42,268
mainly Net result for the year (+€67,915) and Other debts (+€32,482)
- Receivables within one year +€18,163
up €18,163 (+44.2%), from €41,068 to €59,231
of which Other amounts receivable: +€15,127
- Profit (loss) carried forward +€67,915
up €67,915 (+11.0%), from €618,762 to €686,677
- Current portion of long-term debt -€64,432
down €64,432 (-68.2%), from €94,432 to €30,000
- Other debts +€32,482
up €32,482 (+1,417%), from €2,293 to €34,775
- Financial charges +€70,120
up €70,120 (+1,326%), from €5,289 to €75,409
- Gross operating margin +€37,331
up €37,331 (+33.1%), from €112,628 to €149,959
- Financial income -€20,000
down €20,000 (-66.7%), from €30,000 to €10,000
- Taxes -€6,961
down €6,961 (-31.9%), from €21,834 to €14,873
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 | €794,748 | €836,519 | +€41,771 | +5.3% |
| Fixed assets | 21/28 | €731,426 | €731,166 | -€260 | 0.0% |
| Financial fixed assets | 28 | €731,426 | €731,166 | -€260 | 0.0% |
| Current assets | 29/58 | €63,321 | €105,353 | +€42,031 | +66.4% |
| Amounts receivable within one year | 40/41 | €41,068 | €59,231 | +€18,163 | +44.2% |
| Trade receivables | 40 | €28,902 | €31,938 | +€3,036 | +10.5% |
| Other amounts receivable | 41 | €12,166 | €27,293 | +€15,127 | +124% |
| Cash at bank and in hand | 54/58 | €20,895 | €42,268 | +€21,373 | +102% |
| Deferred charges and accrued income | 490/1 | €1,358 | €3,853 | +€2,495 | +184% |
| Total equity and liabilities | 10/49 | €794,748 | €836,519 | +€41,771 | +5.3% |
| Equity | 10/15 | €681,022 | €748,937 | +€67,915 | +10.0% |
| Contributions | 10/11 | €56,600 | €56,600 | = | 0.0% |
| Reserves | 13 | €5,660 | €5,660 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,660 | €5,660 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,660 | €5,660 | = | 0.0% |
| Profit (loss) carried forward | 14 | €618,762 | €686,677 | +€67,915 | +11.0% |
| Amounts payable | 17/49 | €113,726 | €87,582 | -€26,144 | -23.0% |
| Amounts payable within one year | 42/48 | €113,726 | €87,582 | -€26,144 | -23.0% |
| Current portion of amounts payable after more than one year | 42 | €94,432 | €30,000 | -€64,432 | -68.2% |
| Trade debts | 44 | €1,362 | €7,088 | +€5,726 | +420% |
| Suppliers | 440/4 | €1,362 | €7,088 | +€5,726 | +420% |
| Taxes, remuneration and social security | 45 | €15,639 | €15,719 | +€80 | +0.5% |
| Taxes | 450/3 | €12,139 | €12,219 | +€80 | +0.7% |
| Remuneration and social security | 454/9 | €3,500 | €3,500 | = | 0.0% |
| Other amounts payable | 47/48 | €2,293 | €34,775 | +€32,482 | +1,417% |
| Other operating charges | 640/8 | €1,452 | €1,762 | +€310 | +21.4% |
| Gross operating margin | 9900 | €112,628 | €149,959 | +€37,331 | +33.1% |
| Operating profit (loss) | 9901 | €111,177 | €148,197 | +€37,020 | +33.3% |
| Financial income | 75/76B | €30,000 | €10,000 | -€20,000 | -66.7% |
| Recurring financial income | 75 | €30,000 | €10,000 | -€20,000 | -66.7% |
| Financial charges | 65/66B | €5,289 | €75,409 | +€70,120 | +1,326% |
| Recurring financial charges | 65 | €5,289 | €75,409 | +€70,120 | +1,326% |
| Profit (loss) for the period before taxes | 9903 | €135,888 | €82,788 | -€53,099 | -39.1% |
| Income taxes | 67/77 | €21,834 | €14,873 | -€6,961 | -31.9% |
| Profit (loss) for the period | 9904 | €114,053 | €67,915 | -€46,138 | -40.5% |
| Profit (loss) for the period to be appropriated | 9905 | €114,053 | €67,915 | -€46,138 | -40.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.