VDS AANNEMINGEN: 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.
VDS AANNEMINGEN
Largest movements
- Cash +€16,588
up €16,588 (+86.1%), from €19,267 to €35,855
mainly Receivables within one year (+€15,979) and Depreciation (+€9,966)
- Receivables within one year -€15,979
down €15,979 (-100%), from €15,979 to €0
of which Trade receivables: -€14,595
- Tangible fixed assets -€4,932
down €4,932 (-27.2%), from €18,102 to €13,169
of which Furniture and vehicles: -€6,096
- Deferred charges and accrued income -€1,665
down €1,665 (-100%), from €1,665 to €0
- Profit (loss) carried forward +€5,992
up €5,992 (+38.2%), from €15,703 to €21,695
- Other debts -€3,732
down €3,732 (-18.3%), from €20,412 to €16,680
- Current portion of long-term debt -€3,657
down €3,657 (-51.3%), from €7,128 to €3,472
- Trade debts -€3,645
down €3,645 (-86.4%), from €4,217 to €572
- Debts after one year -€3,472
down €3,472 (-100%), from €3,472 to €0
- Gross operating margin -€3,490
down €3,490 (-14.6%), from €23,944 to €20,454
- Financial charges -€1,347
down €1,347 (-48.3%), from €2,786 to €1,439
- Depreciation +€310
up €310 (+3.2%), from €9,656 to €9,966
- Taxes -€307
down €307 (-12.0%), from €2,548 to €2,241
- Other operating charges -€299
down €299 (-26.9%), from €1,115 to €816
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 | €55,962 | €49,524 | -€6,438 | -11.5% |
| Fixed assets | 21/28 | €18,102 | €13,169 | -€4,932 | -27.2% |
| Tangible fixed assets | 22/27 | €18,102 | €13,169 | -€4,932 | -27.2% |
| Plant, machinery and equipment | 23 | €7,805 | €8,968 | +€1,163 | +14.9% |
| Furniture and vehicles | 24 | €10,297 | €4,201 | -€6,096 | -59.2% |
| Current assets | 29/58 | €37,860 | €36,355 | -€1,505 | -4.0% |
| Stocks and contracts in progress | 3 | €950 | €500 | -€450 | -47.4% |
| Stocks | 30/36 | €950 | €500 | -€450 | -47.4% |
| Amounts receivable within one year | 40/41 | €15,979 | €0 | -€15,979 | -100% |
| Trade receivables | 40 | €14,595 | €0 | -€14,595 | -100% |
| Other amounts receivable | 41 | €1,384 | €0 | -€1,384 | -100% |
| Cash at bank and in hand | 54/58 | €19,267 | €35,855 | +€16,588 | +86.1% |
| Deferred charges and accrued income | 490/1 | €1,665 | €0 | -€1,665 | -100% |
| Total equity and liabilities | 10/49 | €55,962 | €49,524 | -€6,438 | -11.5% |
| Equity | 10/15 | €16,703 | €22,695 | +€5,992 | +35.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,703 | €21,695 | +€5,992 | +38.2% |
| Amounts payable | 17/49 | €39,259 | €26,829 | -€12,430 | -31.7% |
| Amounts payable after more than one year | 17 | €3,472 | €0 | -€3,472 | -100% |
| Financial debts | 170/4 | €3,472 | €0 | -€3,472 | -100% |
| Amounts payable within one year | 42/48 | €35,787 | €26,829 | -€8,958 | -25.0% |
| Current portion of amounts payable after more than one year | 42 | €7,128 | €3,472 | -€3,657 | -51.3% |
| Trade debts | 44 | €4,217 | €572 | -€3,645 | -86.4% |
| Suppliers | 440/4 | €4,217 | €572 | -€3,645 | -86.4% |
| Taxes, remuneration and social security | 45 | €4,030 | €6,105 | +€2,075 | +51.5% |
| Taxes | 450/3 | €2,548 | €4,422 | +€1,875 | +73.6% |
| Remuneration and social security | 454/9 | €1,483 | €1,683 | +€200 | +13.5% |
| Other amounts payable | 47/48 | €20,412 | €16,680 | -€3,732 | -18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,656 | €9,966 | +€310 | +3.2% |
| Other operating charges | 640/8 | €1,115 | €816 | -€299 | -26.9% |
| Gross operating margin | 9900 | €23,944 | €20,454 | -€3,490 | -14.6% |
| Operating profit (loss) | 9901 | €13,173 | €9,673 | -€3,500 | -26.6% |
| Financial income | 75/76B | €89 | €0 | -€89 | -100% |
| Recurring financial income | 75 | €89 | €0 | -€89 | -100% |
| Financial charges | 65/66B | €2,786 | €1,439 | -€1,347 | -48.3% |
| Recurring financial charges | 65 | €2,786 | €1,439 | -€1,347 | -48.3% |
| Profit (loss) for the period before taxes | 9903 | €10,476 | €8,233 | -€2,243 | -21.4% |
| Income taxes | 67/77 | €2,548 | €2,241 | -€307 | -12.0% |
| Profit (loss) for the period | 9904 | €7,929 | €5,992 | -€1,936 | -24.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,929 | €5,992 | -€1,936 | -24.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.