VDL KTI Process Engineering: 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 KTI Process Engineering
Largest movements
- Cash +€160,604
up €160,604 (+25.1%), from €638,768 to €799,372
mainly Net result for the year (+€198,406) and Receivables within one year (+€54,058)
- Receivables within one year -€54,058
down €54,058 (-45.4%), from €119,080 to €65,022
- Profit (loss) carried forward +€198,406
up €198,406 (+180%), from €109,984 to €308,390
- Advances received -€106,233
down €106,233 (-34.8%), from €304,860 to €198,627
- Trade debts +€48,705
up €48,705 (+330%), from €14,774 to €63,479
- Tax, wage and social debts -€33,990
down €33,990 (-68.0%), from €50,000 to €16,010
- Gross operating margin +€92,185
up €92,185 (+52.3%), from €176,139 to €268,324
- Taxes +€16,028
up €16,028 (+32.1%), from €49,982 to €66,010
- Financial income -€6,278
down €6,278 (-68.7%), from €9,134 to €2,856
- Financial charges +€4,366
up €4,366 (+232%), from €1,879 to €6,244
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 | €757,847 | €864,393 | +€106,546 | +14.1% |
| Current assets | 29/58 | €757,847 | €864,393 | +€106,546 | +14.1% |
| Amounts receivable within one year | 40/41 | €119,080 | €65,022 | -€54,058 | -45.4% |
| Other amounts receivable | 41 | €119,080 | €65,022 | -€54,058 | -45.4% |
| Cash at bank and in hand | 54/58 | €638,768 | €799,372 | +€160,604 | +25.1% |
| Total equity and liabilities | 10/49 | €757,847 | €864,393 | +€106,546 | +14.1% |
| Equity | 10/15 | €384,984 | €583,390 | +€198,406 | +51.5% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €25,000 | €25,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €109,984 | €308,390 | +€198,406 | +180% |
| Amounts payable | 17/49 | €372,863 | €281,003 | -€91,860 | -24.6% |
| Amounts payable within one year | 42/48 | €369,634 | €278,117 | -€91,518 | -24.8% |
| Trade debts | 44 | €14,774 | €63,479 | +€48,705 | +330% |
| Suppliers | 440/4 | €14,774 | €63,479 | +€48,705 | +330% |
| Advances received on contracts in progress | 46 | €304,860 | €198,627 | -€106,233 | -34.8% |
| Taxes, remuneration and social security | 45 | €50,000 | €16,010 | -€33,990 | -68.0% |
| Taxes | 450/3 | €50,000 | €16,010 | -€33,990 | -68.0% |
| Accrued charges and deferred income | 492/3 | €3,229 | €2,887 | -€343 | -10.6% |
| Other operating charges | 640/8 | €605 | €520 | -€86 | -14.1% |
| Gross operating margin | 9900 | €176,139 | €268,324 | +€92,185 | +52.3% |
| Operating profit (loss) | 9901 | €175,533 | €267,804 | +€92,271 | +52.6% |
| Financial income | 75/76B | €9,134 | €2,856 | -€6,278 | -68.7% |
| Recurring financial income | 75 | €9,134 | €2,856 | -€6,278 | -68.7% |
| Financial charges | 65/66B | €1,879 | €6,244 | +€4,366 | +232% |
| Recurring financial charges | 65 | €1,879 | €6,244 | +€4,366 | +232% |
| Profit (loss) for the period before taxes | 9903 | €182,789 | €264,416 | +€81,627 | +44.7% |
| Income taxes | 67/77 | €49,982 | €66,010 | +€16,028 | +32.1% |
| Profit (loss) for the period | 9904 | €132,808 | €198,406 | +€65,599 | +49.4% |
| Profit (loss) for the period to be appropriated | 9905 | €132,808 | €198,406 | +€65,599 | +49.4% |
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.