VDR INVEST: what changed
What changed
VDR INVEST
filed annual accounts (NBB)
Net result for the year
-€1,378
2024 · -€1,742+€364
Equity
€26,672
2024 · €28,050-€1,378
Cash
€13
2024 · €238-€224
Balance sheet total
€45,708
2024 · €45,932-€224
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Profit (loss) carried forward -€1,378
down €1,378 (-21.8%), from -€6,308 to -€7,686
- Other debts +€1,000
up €1,000 (+6.3%), from €15,853 to €16,853
Income statement
- Gross operating margin +€409
up €409 (+31.7%), from -€1,289 to -€881
- Financial charges +€44
up €44 (+9.8%), from €453 to €497
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€1,742
Gross operating margin
+€409
Financial charges
-€44
Result 2025
-€1,378
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€401
Investment
€0
Financing
+€177
Cash 2024
€238
From operations (derived)
-€401
Net result for the year
-€1,378
Trade debts
-€24
Other debts
+€1,000
Financing
+€177
Short-term financial debts
+€177
Cash 2025
€13
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,932 | €45,708 | -€224 | -0.5% |
| Fixed assets | 21/28 | €45,694 | €45,694 | = | 0.0% |
| Financial fixed assets | 28 | €45,694 | €45,694 | = | 0.0% |
| Current assets | 29/58 | €238 | €13 | -€224 | -94.4% |
| Cash at bank and in hand | 54/58 | €238 | €13 | -€224 | -94.4% |
| Total equity and liabilities | 10/49 | €45,932 | €45,708 | -€224 | -0.5% |
| Equity | 10/15 | €28,050 | €26,672 | -€1,378 | -4.9% |
| Contributions | 10/11 | €31,235 | €31,235 | = | 0.0% |
| Capital | 10 | €31,235 | €31,235 | = | 0.0% |
| Issued capital | 100 | €31,235 | €31,235 | = | 0.0% |
| Reserves | 13 | €3,123 | €3,123 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,123 | €3,123 | = | 0.0% |
| Legal reserve | 130 | €3,123 | €3,123 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,308 | -€7,686 | -€1,378 | -21.8% |
| Amounts payable | 17/49 | €17,882 | €19,036 | +€1,153 | +6.4% |
| Amounts payable after more than one year | 17 | €1,213 | €1,213 | = | 0.0% |
| Other amounts payable | 178/9 | €1,213 | €1,213 | = | 0.0% |
| Amounts payable within one year | 42/48 | €16,669 | €17,823 | +€1,153 | +6.9% |
| Financial debts | 43 | - | €177 | +€177 | |
| Credit institutions | 430/8 | - | €177 | +€177 | |
| Trade debts | 44 | €817 | €793 | -€24 | -2.9% |
| Suppliers | 440/4 | €817 | €793 | -€24 | -2.9% |
| Other amounts payable | 47/48 | €15,853 | €16,853 | +€1,000 | +6.3% |
| Gross operating margin | 9900 | -€1,289 | -€881 | +€409 | +31.7% |
| Operating profit (loss) | 9901 | -€1,289 | -€881 | +€409 | +31.7% |
| Financial charges | 65/66B | €453 | €497 | +€44 | +9.8% |
| Recurring financial charges | 65 | €453 | €497 | +€44 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,742 | -€1,378 | +€364 | +20.9% |
| Profit (loss) for the period | 9904 | -€1,742 | -€1,378 | +€364 | +20.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,742 | -€1,378 | +€364 | +20.9% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.