VDK C&E B.V.: 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.
VDK C&E B.V.
Largest movements
- Tangible fixed assets +€380,517
up €380,517 (+358.1%), from €106,259 to €486,776
of which Land and buildings: +€325,004
- Receivables within one year +€33,884
up €33,884 (+156.8%), from €21,614 to €55,498
of which Trade receivables: +€29,934
- Debts after one year +€308,287
up €308,287 (+890.0%), from €34,641 to €342,928
- Other debts +€38,187
up €38,187 (+57.8%), from €66,109 to €104,296
- Reserves +€30,237
up €30,237 (+36.3%), from €83,201 to €113,438
- Current portion of long-term debt +€26,152
up €26,152 (+304.9%), from €8,579 to €34,731
- Trade debts +€6,954
up €6,954 (+524.8%), from €1,325 to €8,279
- Gross operating margin +€16,736
up €16,736 (+25.4%), from €65,929 to €82,665
- Depreciation +€16,679
up €16,679 (+110.0%), from €15,157 to €31,836
- Financial charges +€8,425
up €8,425 (+174.6%), from €4,826 to €13,251
- Taxes -€1,001
down €1,001 (-14.4%), from €6,943 to €5,942
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 | €206,784 | €619,270 | +€412,486 | +199.5% |
| Fixed assets | 21/28 | €172,259 | €552,776 | +€380,517 | +220.9% |
| Tangible fixed assets | 22/27 | €106,259 | €486,776 | +€380,517 | +358.1% |
| Land and buildings | 22 | €66,589 | €391,593 | +€325,004 | +488.1% |
| Plant, machinery and equipment | 23 | - | €64,308 | +€64,308 | |
| Furniture and vehicles | 24 | €39,670 | €30,875 | -€8,796 | -22.2% |
| Financial fixed assets | 28 | €66,000 | €66,000 | = | 0.0% |
| Current assets | 29/58 | €34,525 | €66,494 | +€31,969 | +92.6% |
| Stocks and contracts in progress | 3 | €1,000 | €1,000 | = | 0.0% |
| Stocks | 30/36 | €1,000 | €1,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €21,614 | €55,498 | +€33,884 | +156.8% |
| Trade receivables | 40 | €9,901 | €39,835 | +€29,934 | +302.3% |
| Other amounts receivable | 41 | €11,713 | €15,662 | +€3,949 | +33.7% |
| Cash at bank and in hand | 54/58 | €8,638 | €5,615 | -€3,023 | -35.0% |
| Deferred charges and accrued income | 490/1 | €3,273 | €4,382 | +€1,109 | +33.9% |
| Total equity and liabilities | 10/49 | €206,784 | €619,270 | +€412,486 | +199.5% |
| Equity | 10/15 | €84,501 | €114,738 | +€30,237 | +35.8% |
| Contributions | 10/11 | €1,300 | €1,300 | = | 0.0% |
| Reserves | 13 | €83,201 | €113,438 | +€30,237 | +36.3% |
| Distributable reserves | 133 | €83,201 | €113,438 | +€30,237 | +36.3% |
| Amounts payable | 17/49 | €122,283 | €504,532 | +€382,249 | +312.6% |
| Amounts payable after more than one year | 17 | €34,641 | €342,928 | +€308,287 | +890.0% |
| Financial debts | 170/4 | €34,641 | €342,928 | +€308,287 | +890.0% |
| Amounts payable within one year | 42/48 | €87,642 | €161,604 | +€73,962 | +84.4% |
| Current portion of amounts payable after more than one year | 42 | €8,579 | €34,731 | +€26,152 | +304.9% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,325 | €8,279 | +€6,954 | +524.8% |
| Suppliers | 440/4 | €1,325 | €8,279 | +€6,954 | +524.8% |
| Taxes, remuneration and social security | 45 | €11,629 | €14,298 | +€2,669 | +22.9% |
| Taxes | 450/3 | €2,938 | €11,763 | +€8,825 | +300.4% |
| Remuneration and social security | 454/9 | €8,691 | €2,536 | -€6,156 | -70.8% |
| Other amounts payable | 47/48 | €66,109 | €104,296 | +€38,187 | +57.8% |
| Non-recurring operating income | 76A | €14,529 | €7,500 | -€7,029 | -48.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,157 | €31,836 | +€16,679 | +110.0% |
| Other operating charges | 640/8 | €1,373 | €1,445 | +€71 | +5.2% |
| Gross operating margin | 9900 | €65,929 | €82,665 | +€16,736 | +25.4% |
| Operating profit (loss) | 9901 | €49,399 | €49,384 | -€15 | 0.0% |
| Financial income | 75/76B | €57 | €46 | -€11 | -19.8% |
| Recurring financial income | 75 | €57 | €46 | -€11 | -19.8% |
| Financial charges | 65/66B | €4,826 | €13,251 | +€8,425 | +174.6% |
| Recurring financial charges | 65 | €4,826 | €13,251 | +€8,425 | +174.6% |
| Profit (loss) for the period before taxes | 9903 | €44,630 | €36,179 | -€8,451 | -18.9% |
| Income taxes | 67/77 | €6,943 | €5,942 | -€1,001 | -14.4% |
| Profit (loss) for the period | 9904 | €37,688 | €30,237 | -€7,451 | -19.8% |
| Profit (loss) for the period to be appropriated | 9905 | €37,688 | €30,237 | -€7,451 | -19.8% |
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 12 October 2026 via checked.be.