VDK CHASSIS: 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 CHASSIS
Largest movements
- Tangible fixed assets -€14,469
down €14,469 (-16.8%), from €85,893 to €71,424
of which Furniture and vehicles: -€19,796
- Profit (loss) carried forward -€17,549
down €17,549 (-19.3%), from €91,132 to €73,584
- Advances received +€9,249
up €9,249 (+60.4%), from €15,308 to €24,557
- Other debts -€5,394
down €5,394 (-14.7%), from €36,794 to €31,400
- Tax, wage and social debts -€3,205
down €3,205 (-37.0%), from €8,674 to €5,469
- Gross operating margin -€29,858
down €29,858 (-31.9%), from €93,728 to €63,870
- Staff costs +€18,327
up €18,327 (+1,502%), from €1,220 to €19,547
- Depreciation +€17,199
up €17,199 (+161%), from €10,706 to €27,905
- Taxes -€13,635
down €13,635 (-81.0%), from €16,833 to €3,198
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 | €173,185 | €156,032 | -€17,153 | -9.9% |
| Fixed assets | 21/28 | €85,893 | €71,424 | -€14,469 | -16.8% |
| Tangible fixed assets | 22/27 | €85,893 | €71,424 | -€14,469 | -16.8% |
| Land and buildings | 22 | €17,203 | €25,181 | +€7,978 | +46.4% |
| Plant, machinery and equipment | 23 | €9,529 | €6,877 | -€2,651 | -27.8% |
| Furniture and vehicles | 24 | €59,162 | €39,366 | -€19,796 | -33.5% |
| Current assets | 29/58 | €87,292 | €84,608 | -€2,684 | -3.1% |
| Stocks and contracts in progress | 3 | €1,981 | €1,505 | -€476 | -24.0% |
| Stocks | 30/36 | €1,981 | €1,505 | -€476 | -24.0% |
| Amounts receivable within one year | 40/41 | €26,127 | €24,797 | -€1,331 | -5.1% |
| Trade receivables | 40 | €20,414 | €16,351 | -€4,063 | -19.9% |
| Other amounts receivable | 41 | €5,713 | €8,446 | +€2,732 | +47.8% |
| Cash at bank and in hand | 54/58 | €56,837 | €55,942 | -€895 | -1.6% |
| Deferred charges and accrued income | 490/1 | €2,346 | €2,364 | +€17 | +0.7% |
| Total equity and liabilities | 10/49 | €173,185 | €156,032 | -€17,153 | -9.9% |
| Equity | 10/15 | €111,592 | €94,044 | -€17,549 | -15.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,132 | €73,584 | -€17,549 | -19.3% |
| Amounts payable | 17/49 | €61,593 | €61,989 | +€396 | +0.6% |
| Amounts payable within one year | 42/48 | €61,593 | €61,989 | +€396 | +0.6% |
| Trade debts | 44 | €816 | €562 | -€254 | -31.1% |
| Suppliers | 440/4 | €816 | €562 | -€254 | -31.1% |
| Advances received on contracts in progress | 46 | €15,308 | €24,557 | +€9,249 | +60.4% |
| Taxes, remuneration and social security | 45 | €8,674 | €5,469 | -€3,205 | -37.0% |
| Taxes | 450/3 | €8,674 | €5,469 | -€3,205 | -37.0% |
| Other amounts payable | 47/48 | €36,794 | €31,400 | -€5,394 | -14.7% |
| Remuneration, social security and pensions | 62 | €1,220 | €19,547 | +€18,327 | +1,502% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,706 | €27,905 | +€17,199 | +161% |
| Other operating charges | 640/8 | €1,242 | €1,048 | -€193 | -15.6% |
| Gross operating margin | 9900 | €93,728 | €63,870 | -€29,858 | -31.9% |
| Operating profit (loss) | 9901 | €80,561 | €15,370 | -€65,191 | -80.9% |
| Financial income | 75/76B | €655 | €450 | -€206 | -31.4% |
| Recurring financial income | 75 | €655 | €450 | -€206 | -31.4% |
| Financial charges | 65/66B | €132 | €170 | +€38 | +28.6% |
| Recurring financial charges | 65 | €132 | €170 | +€38 | +28.6% |
| Profit (loss) for the period before taxes | 9903 | €81,084 | €15,649 | -€65,435 | -80.7% |
| Income taxes | 67/77 | €16,833 | €3,198 | -€13,635 | -81.0% |
| Profit (loss) for the period | 9904 | €64,251 | €12,451 | -€51,800 | -80.6% |
| Profit (loss) for the period to be appropriated | 9905 | €64,251 | €12,451 | -€51,800 | -80.6% |
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 15 October 2026 via checked.be.