VDM Accounting & Advice: what changed
What changed
VDM Accounting & Advice
NACE 69.201, Certified accountants and tax accountants
filed annual accounts (NBB)
Net result for the year
-€24,124
2024 · €89-€24,213
Equity
€16,492
2024 · €40,615-€24,124
Cash
€25,118
2024 · €20,044+€5,074
Balance sheet total
€98,751
2024 · €142,296-€43,546
Largest movements
Assets
- Receivables within one year -€37,849
down €37,849 (-42.9%), from €88,254 to €50,406
of which Trade receivables: -€38,244
- Tangible fixed assets -€10,771
down €10,771 (-34.7%), from €31,028 to €20,257
- Cash +€5,074
up €5,074 (+25.3%), from €20,044 to €25,118
mainly Receivables within one year (+€37,849) and Depreciation (+€10,771)
Equity and liabilities
- Profit (loss) carried forward -€24,124
down €24,124, from €3,317 to -€20,806
- Other debts -€18,575
down €18,575 (-21.1%), from €88,156 to €69,581
Income statement
- Gross operating margin -€19,130
down €19,130 (-25.1%), from €76,295 to €57,165
- Write-downs +€3,248
new in 2025: €3,248
- Staff costs +€2,230
up €2,230 (+3.5%), from €64,367 to €66,597
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€89
Gross operating margin
-€19,130
Staff costs
-€2,230
Write-downs
-€3,248
Other operating charges
+€358
Financial income
-€566
Financial charges
-€124
Taxes
+€728
Result 2025
-€24,124
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€5,074
Investment
€0
Financing
€0
Cash 2024
€20,044
From operations (derived)
+€5,074
Net result for the year
-€24,124
Depreciation
+€10,771
Receivables within one year
+€37,849
Trade debts
+€573
Tax, wage and social debts
-€1,420
Other debts
-€18,575
Cash 2025
€25,118
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €142,296 | €98,751 | -€43,546 | -30.6% |
| Fixed assets | 21/28 | €31,028 | €20,257 | -€10,771 | -34.7% |
| Tangible fixed assets | 22/27 | €31,028 | €20,257 | -€10,771 | -34.7% |
| Furniture and vehicles | 24 | €31,028 | €20,257 | -€10,771 | -34.7% |
| Current assets | 29/58 | €111,268 | €78,493 | -€32,775 | -29.5% |
| Amounts receivable within one year | 40/41 | €88,254 | €50,406 | -€37,849 | -42.9% |
| Trade receivables | 40 | €75,650 | €37,406 | -€38,244 | -50.6% |
| Other amounts receivable | 41 | €12,604 | €13,000 | +€396 | +3.1% |
| Current investments | 50/53 | €2,970 | €2,970 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €20,044 | €25,118 | +€5,074 | +25.3% |
| Total equity and liabilities | 10/49 | €142,296 | €98,751 | -€43,546 | -30.6% |
| Equity | 10/15 | €40,615 | €16,492 | -€24,124 | -59.4% |
| Contributions | 10/11 | €20,079 | €20,079 | = | 0.0% |
| Reserves | 13 | €17,218 | €17,218 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,718 | €3,718 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,718 | €3,718 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,500 | €13,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,317 | -€20,806 | -€24,124 | |
| Amounts payable | 17/49 | €101,681 | €82,259 | -€19,422 | -19.1% |
| Amounts payable within one year | 42/48 | €101,681 | €82,259 | -€19,422 | -19.1% |
| Trade debts | 44 | €68 | €641 | +€573 | +843% |
| Suppliers | 440/4 | €68 | €641 | +€573 | +843% |
| Taxes, remuneration and social security | 45 | €13,457 | €12,037 | -€1,420 | -10.6% |
| Taxes | 450/3 | €5,777 | €4,195 | -€1,582 | -27.4% |
| Remuneration and social security | 454/9 | €7,680 | €7,842 | +€162 | +2.1% |
| Other amounts payable | 47/48 | €88,156 | €69,581 | -€18,575 | -21.1% |
| Remuneration, social security and pensions | 62 | €64,367 | €66,597 | +€2,230 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,771 | €10,771 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €3,248 | +€3,248 | |
| Other operating charges | 640/8 | €478 | €120 | -€358 | -74.9% |
| Gross operating margin | 9900 | €76,295 | €57,165 | -€19,130 | -25.1% |
| Operating profit (loss) | 9901 | €680 | -€23,571 | -€24,250 | |
| Financial income | 75/76B | €566 | - | -€566 | |
| Recurring financial income | 75 | €566 | - | -€566 | |
| Financial charges | 65/66B | €243 | €368 | +€124 | +51.0% |
| Recurring financial charges | 65 | €243 | €368 | +€124 | +51.0% |
| Profit (loss) for the period before taxes | 9903 | €1,002 | -€23,938 | -€24,941 | |
| Income taxes | 67/77 | €913 | €185 | -€728 | -79.7% |
| Profit (loss) for the period | 9904 | €89 | -€24,124 | -€24,213 | |
| Profit (loss) for the period to be appropriated | 9905 | €89 | -€24,124 | -€24,213 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.