VDL BEHEER: 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.
VDL BEHEER
Largest movements
- Cash +€15,243
up €15,243 (+382%), from €3,991 to €19,234
mainly Net result for the year (+€10,060) and Depreciation (+€4,235)
- Tangible fixed assets -€4,235
down €4,235 (-28.5%), from €14,857 to €10,622
- Profit (loss) carried forward +€10,060
up €10,060 (+14.9%), from €67,358 to €77,418
- Gross operating margin +€11,811
up €11,811 (+353%), from €3,349 to €15,159
- Taxes +€2,712
up €2,712 (+148%), from €1,826 to €4,538
- Depreciation +€2,152
up €2,152 (+103%), from €2,083 to €4,235
- Other operating charges -€866
down €866 (-62.5%), from €1,386 to €520
- Financial charges -€186
down €186 (-3.1%), from €5,993 to €5,807
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 | €269,022 | €281,943 | +€12,921 | +4.8% |
| Fixed assets | 21/28 | €14,857 | €10,622 | -€4,235 | -28.5% |
| Tangible fixed assets | 22/27 | €14,857 | €10,622 | -€4,235 | -28.5% |
| Furniture and vehicles | 24 | €14,857 | €10,622 | -€4,235 | -28.5% |
| Current assets | 29/58 | €254,165 | €271,321 | +€17,156 | +6.8% |
| Amounts receivable after more than one year | 29 | €250,000 | €250,000 | = | 0.0% |
| Other amounts receivable | 291 | €250,000 | €250,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €174 | €2,087 | +€1,913 | +1,100% |
| Other amounts receivable | 41 | €174 | €2,087 | +€1,913 | +1,100% |
| Cash at bank and in hand | 54/58 | €3,991 | €19,234 | +€15,243 | +382% |
| Total equity and liabilities | 10/49 | €269,022 | €281,943 | +€12,921 | +4.8% |
| Equity | 10/15 | €73,555 | €83,615 | +€10,060 | +13.7% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,358 | €77,418 | +€10,060 | +14.9% |
| Amounts payable | 17/49 | €195,467 | €198,328 | +€2,861 | +1.5% |
| Amounts payable within one year | 42/48 | €195,467 | €198,328 | +€2,861 | +1.5% |
| Financial debts | 43 | - | €1,358 | +€1,358 | |
| Credit institutions | 430/8 | - | €1,358 | +€1,358 | |
| Trade debts | 44 | €550 | €400 | -€150 | -27.3% |
| Suppliers | 440/4 | €550 | €400 | -€150 | -27.3% |
| Taxes, remuneration and social security | 45 | €0 | €2,538 | +€2,538 | |
| Taxes | 450/3 | €0 | €2,538 | +€2,538 | |
| Other amounts payable | 47/48 | €194,917 | €194,032 | -€884 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,083 | €4,235 | +€2,152 | +103% |
| Other operating charges | 640/8 | €1,386 | €520 | -€866 | -62.5% |
| Gross operating margin | 9900 | €3,349 | €15,159 | +€11,811 | +353% |
| Operating profit (loss) | 9901 | -€120 | €10,405 | +€10,525 | |
| Financial income | 75/76B | €10,000 | €10,000 | = | 0.0% |
| Recurring financial income | 75 | €10,000 | €10,000 | = | 0.0% |
| Financial charges | 65/66B | €5,993 | €5,807 | -€186 | -3.1% |
| Recurring financial charges | 65 | €5,993 | €5,807 | -€186 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | €3,887 | €14,598 | +€10,711 | +276% |
| Income taxes | 67/77 | €1,826 | €4,538 | +€2,712 | +148% |
| Profit (loss) for the period | 9904 | €2,061 | €10,060 | +€7,999 | +388% |
| Profit (loss) for the period to be appropriated | 9905 | €2,061 | €10,060 | +€7,999 | +388% |
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 16 October 2026 via checked.be.