VDP MACHINERY: 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 MACHINERY
Largest movements
- Tangible fixed assets +€795,137
new in 2025: €795,137
- Other debts +€942,538
up €942,538 (+175%), from €539,004 to €1.5m
- Debts after one year -€140,714
down €140,714 (-6.4%), from €2.2m to €2.1m
- Profit (loss) carried forward -€51,910
down €51,910 (-107%), from -€48,729 to -€100,639
- Other operating charges +€32,846
up €32,846 (+8,328%), from €394 to €33,240
- Gross operating margin +€19,641
up €19,641 (+36.2%), from €54,301 to €73,942
- Financial charges -€10,013
down €10,013 (-9.8%), from €102,636 to €92,623
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 | €3,255,944 | €4,033,315 | +€777,371 | +23.9% |
| Fixed assets | 21/28 | €3,200,000 | €3,995,137 | +€795,137 | +24.8% |
| Tangible fixed assets | 22/27 | - | €795,137 | +€795,137 | |
| Land and buildings | 22 | - | €795,137 | +€795,137 | |
| Financial fixed assets | 28 | €3,200,000 | €3,200,000 | = | 0.0% |
| Current assets | 29/58 | €55,944 | €38,178 | -€17,766 | -31.8% |
| Amounts receivable within one year | 40/41 | €31,258 | €32,377 | +€1,119 | +3.6% |
| Trade receivables | 40 | €31,258 | €32,377 | +€1,119 | +3.6% |
| Cash at bank and in hand | 54/58 | €24,686 | €5,801 | -€18,885 | -76.5% |
| Total equity and liabilities | 10/49 | €3,255,944 | €4,033,315 | +€777,371 | +23.9% |
| Equity | 10/15 | €251,271 | €199,361 | -€51,910 | -20.7% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,729 | -€100,639 | -€51,910 | -107% |
| Amounts payable | 17/49 | €3,004,673 | €3,833,955 | +€829,281 | +27.6% |
| Amounts payable after more than one year | 17 | €2,215,646 | €2,074,932 | -€140,714 | -6.4% |
| Financial debts | 170/4 | €2,215,646 | €2,074,932 | -€140,714 | -6.4% |
| Amounts payable within one year | 42/48 | €789,027 | €1,759,023 | +€969,996 | +123% |
| Current portion of amounts payable after more than one year | 42 | €215,714 | €215,714 | = | 0.0% |
| Financial debts | 43 | - | €34,220 | +€34,220 | |
| Credit institutions | 430/8 | - | €34,220 | +€34,220 | |
| Trade debts | 44 | €23,433 | €11,520 | -€11,913 | -50.8% |
| Suppliers | 440/4 | €23,433 | €11,520 | -€11,913 | -50.8% |
| Taxes, remuneration and social security | 45 | €10,875 | €16,025 | +€5,150 | +47.4% |
| Taxes | 450/3 | €10,875 | €16,025 | +€5,150 | +47.4% |
| Other amounts payable | 47/48 | €539,004 | €1,481,542 | +€942,538 | +175% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €103 | +€103 | |
| Other operating charges | 640/8 | €394 | €33,240 | +€32,846 | +8,328% |
| Gross operating margin | 9900 | €54,301 | €73,942 | +€19,641 | +36.2% |
| Operating profit (loss) | 9901 | €53,907 | €40,600 | -€13,307 | -24.7% |
| Financial income | 75/76B | - | €113 | +€113 | |
| Recurring financial income | 75 | - | €113 | +€113 | |
| Financial charges | 65/66B | €102,636 | €92,623 | -€10,013 | -9.8% |
| Recurring financial charges | 65 | €102,636 | €92,623 | -€10,013 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | -€48,729 | -€51,910 | -€3,180 | -6.5% |
| Profit (loss) for the period | 9904 | -€48,729 | -€51,910 | -€3,180 | -6.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€48,729 | -€51,910 | -€3,180 | -6.5% |
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 26 October 2026 via checked.be.