VDP CLEAN: 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.
VDP CLEAN
Largest movements
- Receivables within one year -€15,353
down €15,353 (-25.7%), from €59,740 to €44,386
of which Trade receivables: -€12,822
- Tangible fixed assets +€983
up €983, from €0 to €983
- Cash -€939
down €939 (-84.6%), from €1,109 to €171
mainly Trade debts (-€31,802) and Net result for the year (-€17,141)
- Other debts +€33,250
new in 2025: €33,250
- Trade debts -€31,802
down €31,802 (-74.5%), from €42,663 to €10,861
- Profit (loss) carried forward -€17,141
down €17,141, from €14,750 to -€2,391
- Gross operating margin -€26,870
down €26,870, from €11,474 to -€15,396
- Taxes -€4,155
down €4,155 (-96.1%), from €4,325 to €169
- Financial income +€2,811
up €2,811 (+242.6%), from €1,159 to €3,969
- Financial charges +€2,206
up €2,206 (+715.1%), from €308 to €2,514
- Other operating charges +€836
up €836 (+42.5%), from €1,967 to €2,803
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.
Cash bridge derived
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 | €62,182 | €46,454 | -€15,727 | -25.3% |
| Fixed assets | 21/28 | €283 | €1,265 | +€983 | +347.7% |
| Tangible fixed assets | 22/27 | €0 | €983 | +€983 | |
| Furniture and vehicles | 24 | €0 | €983 | +€983 | |
| Financial fixed assets | 28 | €283 | €283 | = | 0.0% |
| Current assets | 29/58 | €61,899 | €45,189 | -€16,710 | -27.0% |
| Amounts receivable within one year | 40/41 | €59,740 | €44,386 | -€15,353 | -25.7% |
| Trade receivables | 40 | €26,474 | €13,651 | -€12,822 | -48.4% |
| Other amounts receivable | 41 | €33,266 | €30,735 | -€2,531 | -7.6% |
| Cash at bank and in hand | 54/58 | €1,109 | €171 | -€939 | -84.6% |
| Deferred charges and accrued income | 490/1 | €1,050 | €632 | -€418 | -39.8% |
| Total equity and liabilities | 10/49 | €62,182 | €46,454 | -€15,727 | -25.3% |
| Equity | 10/15 | €14,750 | -€2,391 | -€17,141 | |
| Profit (loss) carried forward | 14 | €14,750 | -€2,391 | -€17,141 | |
| Amounts payable | 17/49 | €47,432 | €48,845 | +€1,413 | +3.0% |
| Amounts payable within one year | 42/48 | €47,390 | €48,845 | +€1,455 | +3.1% |
| Trade debts | 44 | €42,663 | €10,861 | -€31,802 | -74.5% |
| Suppliers | 440/4 | €42,663 | €10,861 | -€31,802 | -74.5% |
| Taxes, remuneration and social security | 45 | €4,727 | €4,734 | +€7 | +0.1% |
| Taxes | 450/3 | €4,727 | €4,734 | +€7 | +0.1% |
| Other amounts payable | 47/48 | - | €33,250 | +€33,250 | |
| Accrued charges and deferred income | 492/3 | €42 | €0 | -€42 | -100.0% |
| Non-recurring operating income | 76A | - | €18,857 | +€18,857 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €700 | €228 | -€472 | -67.5% |
| Other operating charges | 640/8 | €1,967 | €2,803 | +€836 | +42.5% |
| Gross operating margin | 9900 | €11,474 | -€15,396 | -€26,870 | |
| Operating profit (loss) | 9901 | €8,807 | -€18,426 | -€27,234 | |
| Financial income | 75/76B | €1,159 | €3,969 | +€2,811 | +242.6% |
| Recurring financial income | 75 | €1,159 | €3,969 | +€2,811 | +242.6% |
| Financial charges | 65/66B | €308 | €2,514 | +€2,206 | +715.1% |
| Recurring financial charges | 65 | €308 | €2,514 | +€2,206 | +715.1% |
| Profit (loss) for the period before taxes | 9903 | €9,658 | -€16,971 | -€26,629 | |
| Income taxes | 67/77 | €4,325 | €169 | -€4,155 | -96.1% |
| Profit (loss) for the period | 9904 | €5,333 | -€17,141 | -€22,474 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,333 | -€17,141 | -€22,474 |
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 12 October 2026 via checked.be.