VDM DOOR SOLUTIONS: 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.
VDM DOOR SOLUTIONS
Largest movements
- Financial fixed assets -€934,041
down €934,041 (-51.5%), from €1.8m to €881,259
- Cash +€420,911
up €420,911 (+2,146%), from €19,616 to €440,527
mainly Investment in fixed assets (net) (+€934,041)
- Receivables within one year +€312,788
up €312,788 (+512%), from €61,134 to €373,922
- Reserves -€197,449
down €197,449 (-41.9%), from €471,310 to €273,861
- Other operating charges +€174,201
up €174,201 (+18,005%), from €968 to €175,168
- Gross operating margin +€25,559
up €25,559 (+51.5%), from -€49,660 to -€24,100
- Financial income +€1,467
up €1,467 (+120%), from €1,227 to €2,693
- Taxes +€808
up €808, from €0 to €808
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 | €1,896,055 | €1,695,707 | -€200,348 | -10.6% |
| Fixed assets | 21/28 | €1,815,300 | €881,259 | -€934,041 | -51.5% |
| Financial fixed assets | 28 | €1,815,300 | €881,259 | -€934,041 | -51.5% |
| Current assets | 29/58 | €80,755 | €814,448 | +€733,693 | +909% |
| Amounts receivable within one year | 40/41 | €61,134 | €373,922 | +€312,788 | +512% |
| Other amounts receivable | 41 | €61,134 | €373,922 | +€312,788 | +512% |
| Cash at bank and in hand | 54/58 | €19,616 | €440,527 | +€420,911 | +2,146% |
| Deferred charges and accrued income | 490/1 | €6 | - | -€6 | |
| Total equity and liabilities | 10/49 | €1,896,055 | €1,695,707 | -€200,348 | -10.6% |
| Equity | 10/15 | €1,878,884 | €1,681,435 | -€197,449 | -10.5% |
| Contributions | 10/11 | €1,407,574 | €1,407,574 | = | 0.0% |
| Reserves | 13 | €471,310 | €273,861 | -€197,449 | -41.9% |
| Distributable reserves | 133 | €471,310 | €273,861 | -€197,449 | -41.9% |
| Amounts payable | 17/49 | €17,172 | €14,273 | -€2,899 | -16.9% |
| Amounts payable within one year | 42/48 | €17,172 | €14,273 | -€2,899 | -16.9% |
| Trade debts | 44 | €15,985 | €14,273 | -€1,712 | -10.7% |
| Suppliers | 440/4 | €15,985 | €14,273 | -€1,712 | -10.7% |
| Taxes, remuneration and social security | 45 | €1,187 | - | -€1,187 | |
| Taxes | 450/3 | €1,187 | - | -€1,187 | |
| Other operating charges | 640/8 | €968 | €175,168 | +€174,201 | +18,005% |
| Gross operating margin | 9900 | -€49,660 | -€24,100 | +€25,559 | +51.5% |
| Operating profit (loss) | 9901 | -€50,627 | -€199,269 | -€148,641 | -294% |
| Financial income | 75/76B | €1,227 | €2,693 | +€1,467 | +120% |
| Recurring financial income | 75 | €1,227 | €2,693 | +€1,467 | +120% |
| Financial charges | 65/66B | €46 | €66 | +€19 | +41.8% |
| Recurring financial charges | 65 | €46 | €66 | +€19 | +41.8% |
| Profit (loss) for the period before taxes | 9903 | -€49,447 | -€196,641 | -€147,194 | -298% |
| Income taxes | 67/77 | €0 | €808 | +€808 | |
| Profit (loss) for the period | 9904 | -€49,447 | -€197,449 | -€148,002 | -299% |
| Profit (loss) for the period to be appropriated | 9905 | -€49,447 | -€197,449 | -€148,002 | -299% |
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 25 October 2026 via checked.be.