VDMJ.STAND: 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.
VDMJ.STAND
Largest movements
- Receivables within one year -€35,078
down €35,078 (-22.8%), from €153,596 to €118,517
of which Trade receivables: -€34,737
- Cash +€29,465
up €29,465 (+23.7%), from €124,361 to €153,827
mainly Net result for the year (+€124,519) and Receivables within one year (+€35,078)
- Tangible fixed assets -€9,466
down €9,466 (-28.6%), from €33,107 to €23,642
- Other debts -€69,680
down €69,680 (-33.8%), from €205,917 to €136,237
- Profit (loss) carried forward +€39,519
up €39,519 (+63.5%), from €62,202 to €101,721
- Tax, wage and social debts +€12,823
up €12,823, from €0 to €12,823
of which Taxes: +€12,823
- Turnover -€531,730
no longer reported in 2025 (was €531,730)
- Purchases and services -€394,479
no longer reported in 2025 (was €394,479)
- Gross operating margin +€43,619
up €43,619 (+30.1%), from €144,694 to €188,312
- Taxes +€14,705
up €14,705 (+41.7%), from €35,295 to €50,000
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 | €312,007 | €297,702 | -€14,305 | -4.6% |
| Fixed assets | 21/28 | €33,107 | €23,642 | -€9,466 | -28.6% |
| Tangible fixed assets | 22/27 | €33,107 | €23,642 | -€9,466 | -28.6% |
| Furniture and vehicles | 24 | €33,107 | €23,642 | -€9,466 | -28.6% |
| Current assets | 29/58 | €278,899 | €274,060 | -€4,839 | -1.7% |
| Amounts receivable within one year | 40/41 | €153,596 | €118,517 | -€35,078 | -22.8% |
| Trade receivables | 40 | €150,554 | €115,816 | -€34,737 | -23.1% |
| Other amounts receivable | 41 | €3,042 | €2,701 | -€341 | -11.2% |
| Cash at bank and in hand | 54/58 | €124,361 | €153,827 | +€29,465 | +23.7% |
| Deferred charges and accrued income | 490/1 | €943 | €1,716 | +€774 | +82.1% |
| Total equity and liabilities | 10/49 | €312,007 | €297,702 | -€14,305 | -4.6% |
| Equity | 10/15 | €64,202 | €103,721 | +€39,519 | +61.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,202 | €101,721 | +€39,519 | +63.5% |
| Amounts payable | 17/49 | €247,805 | €193,981 | -€53,823 | -21.7% |
| Amounts payable within one year | 42/48 | €247,805 | €193,981 | -€53,823 | -21.7% |
| Trade debts | 44 | €41,888 | €44,922 | +€3,034 | +7.2% |
| Suppliers | 440/4 | €41,888 | €44,922 | +€3,034 | +7.2% |
| Taxes, remuneration and social security | 45 | €0 | €12,823 | +€12,823 | |
| Taxes | 450/3 | €0 | €12,823 | +€12,823 | |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €205,917 | €136,237 | -€69,680 | -33.8% |
| Turnover | 70 | €531,730 | - | -€531,730 | |
| Goods, raw materials, services and sundry goods | 60/61 | €394,479 | - | -€394,479 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,003 | €10,908 | +€905 | +9.0% |
| Other operating charges | 640/8 | €2,313 | €2,648 | +€335 | +14.5% |
| Gross operating margin | 9900 | €144,694 | €188,312 | +€43,619 | +30.1% |
| Operating profit (loss) | 9901 | €132,378 | €174,757 | +€42,378 | +32.0% |
| Financial income | 75/76B | €100 | €33 | -€68 | -67.5% |
| Recurring financial income | 75 | €100 | €33 | -€68 | -67.5% |
| Financial charges | 65/66B | €118 | €271 | +€153 | +130% |
| Recurring financial charges | 65 | €118 | €271 | +€153 | +130% |
| Profit (loss) for the period before taxes | 9903 | €132,361 | €174,519 | +€42,158 | +31.9% |
| Income taxes | 67/77 | €35,295 | €50,000 | +€14,705 | +41.7% |
| Profit (loss) for the period | 9904 | €97,066 | €124,519 | +€27,452 | +28.3% |
| Profit (loss) for the period to be appropriated | 9905 | €97,066 | €124,519 | +€27,452 | +28.3% |
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.