VDM Interiors: 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 Interiors
Largest movements
- Current investments -€172,509
down €172,509 (-85.5%), from €201,650 to €29,141
- Receivables within one year +€156,129
up €156,129 (+43.2%), from €361,074 to €517,203
of which Other amounts receivable: +€131,843
- Financial fixed assets +€50,000
up €50,000 (+27,100%), from €185 to €50,185
- Cash -€38,519
down €38,519 (-15.0%), from €256,428 to €217,909
mainly Receivables within one year (-€156,129) and Investment in fixed assets (net) (-€89,753)
- Stocks and contracts +€20,873
up €20,873 (+18.1%), from €115,603 to €136,476
- Trade debts -€40,100
down €40,100 (-23.1%), from €173,835 to €133,735
- Gross operating margin -€186,159
down €186,159 (-37.8%), from €491,992 to €305,833
- Taxes -€43,613
down €43,613 (-86.6%), from €50,352 to €6,739
- Staff costs +€31,396
up €31,396 (+13.6%), from €230,257 to €261,653
- Financial income +€29,795
up €29,795 (+638%), from €4,672 to €34,467
- Financial charges +€16,718
up €16,718, from -€13,277 to €3,442
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,520,178 | €1,503,340 | -€16,838 | -1.1% |
| Fixed assets | 21/28 | €178,295 | €212,368 | +€34,073 | +19.1% |
| Intangible fixed assets | 21 | €196 | €3,828 | +€3,632 | +1,854% |
| Tangible fixed assets | 22/27 | €177,914 | €158,355 | -€19,559 | -11.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €173,848 | €125,510 | -€48,338 | -27.8% |
| Other tangible fixed assets | 26 | €4,067 | €32,845 | +€28,779 | +708% |
| Financial fixed assets | 28 | €185 | €50,185 | +€50,000 | +27,100% |
| Current assets | 29/58 | €1,341,884 | €1,290,973 | -€50,911 | -3.8% |
| Amounts receivable after more than one year | 29 | €330,000 | €330,000 | = | 0.0% |
| Other amounts receivable | 291 | €330,000 | €330,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €115,603 | €136,476 | +€20,873 | +18.1% |
| Stocks | 30/36 | €115,603 | €136,476 | +€20,873 | +18.1% |
| Amounts receivable within one year | 40/41 | €361,074 | €517,203 | +€156,129 | +43.2% |
| Trade receivables | 40 | €232,176 | €256,462 | +€24,286 | +10.5% |
| Other amounts receivable | 41 | €128,898 | €260,742 | +€131,843 | +102% |
| Current investments | 50/53 | €201,650 | €29,141 | -€172,509 | -85.5% |
| Cash at bank and in hand | 54/58 | €256,428 | €217,909 | -€38,519 | -15.0% |
| Deferred charges and accrued income | 490/1 | €77,129 | €60,244 | -€16,885 | -21.9% |
| Total equity and liabilities | 10/49 | €1,520,178 | €1,503,340 | -€16,838 | -1.1% |
| Equity | 10/15 | €1,297,574 | €1,305,804 | +€8,230 | +0.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,278,974 | €1,287,204 | +€8,230 | +0.6% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,278,974 | €1,287,204 | +€8,230 | +0.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €222,604 | €197,536 | -€25,068 | -11.3% |
| Amounts payable within one year | 42/48 | €222,604 | €197,523 | -€25,081 | -11.3% |
| Trade debts | 44 | €173,835 | €133,735 | -€40,100 | -23.1% |
| Suppliers | 440/4 | €173,835 | €133,735 | -€40,100 | -23.1% |
| Taxes, remuneration and social security | 45 | €48,769 | €63,786 | +€15,017 | +30.8% |
| Taxes | 450/3 | €20,859 | €32,977 | +€12,118 | +58.1% |
| Remuneration and social security | 454/9 | €27,910 | €30,808 | +€2,899 | +10.4% |
| Other amounts payable | 47/48 | - | €2 | +€2 | |
| Accrued charges and deferred income | 492/3 | - | €14 | +€14 | |
| Non-recurring operating income | 76A | €10,305 | €0 | -€10,305 | -100% |
| Remuneration, social security and pensions | 62 | €230,257 | €261,653 | +€31,396 | +13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,565 | €55,680 | +€5,115 | +10.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €408 | €1,338 | +€929 | +228% |
| Other operating charges | 640/8 | €5,063 | €3,220 | -€1,843 | -36.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €491,992 | €305,833 | -€186,159 | -37.8% |
| Operating profit (loss) | 9901 | €205,700 | -€16,056 | -€221,756 | |
| Financial income | 75/76B | €4,672 | €34,467 | +€29,795 | +638% |
| Recurring financial income | 75 | €4,672 | €34,467 | +€29,795 | +638% |
| Financial charges | 65/66B | -€13,277 | €3,442 | +€16,718 | |
| Recurring financial charges | 65 | -€13,277 | €3,442 | +€16,718 | |
| Profit (loss) for the period before taxes | 9903 | €223,648 | €14,969 | -€208,679 | -93.3% |
| Income taxes | 67/77 | €50,352 | €6,739 | -€43,613 | -86.6% |
| Profit (loss) for the period | 9904 | €173,296 | €8,230 | -€165,066 | -95.3% |
| Profit (loss) for the period to be appropriated | 9905 | €173,296 | €8,230 | -€165,066 | -95.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.