VDS & ATL: 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 & ATL
Largest movements
- Receivables after one year -€100,000
no longer reported in 2025 (was €100,000)
- Deferred charges and accrued income -€3,330
no longer reported in 2025 (was €3,330)
- Receivables within one year +€1,614
up €1,614 (+8.2%), from €19,585 to €21,198
of which Other amounts receivable: +€20,874
- Other debts -€65,253
no longer reported in 2025 (was €65,253)
- Provisions -€25,000
no longer reported in 2025 (was €25,000)
- Tax, wage and social debts -€7,743
down €7,743 (-92.8%), from €8,345 to €602
- Trade debts -€7,048
down €7,048 (-70.1%), from €10,048 to €3,000
- Reserves +€3,189
up €3,189 (+171%), from €1,860 to €5,049
of which Distributable reserves: +€3,189
- Provisions -€25,000
new in 2025: -€25,000
- Gross operating margin -€17,326
down €17,326 (-534%), from -€3,247 to -€20,574
- Financial income -€3,330
no longer reported in 2025 (was €3,330)
- Taxes +€602
new in 2025: €602
- Other operating charges +€428
new in 2025: €428
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 | €122,993 | €21,198 | -€101,795 | -82.8% |
| Current assets | 29/58 | €122,993 | €21,198 | -€101,795 | -82.8% |
| Amounts receivable after more than one year | 29 | €100,000 | - | -€100,000 | |
| Other amounts receivable | 291 | €100,000 | - | -€100,000 | |
| Amounts receivable within one year | 40/41 | €19,585 | €21,198 | +€1,614 | +8.2% |
| Trade receivables | 40 | €19,260 | - | -€19,260 | |
| Other amounts receivable | 41 | €325 | €21,198 | +€20,874 | +6,428% |
| Cash at bank and in hand | 54/58 | €79 | - | -€79 | |
| Deferred charges and accrued income | 490/1 | €3,330 | - | -€3,330 | |
| Total equity and liabilities | 10/49 | €122,993 | €21,198 | -€101,795 | -82.8% |
| Equity | 10/15 | €14,347 | €17,536 | +€3,189 | +22.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €5,049 | +€3,189 | +171% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €3,189 | +€3,189 | |
| Profit (loss) carried forward | 14 | €6,287 | €6,287 | = | 0.0% |
| Provisions and deferred taxes | 16 | €25,000 | - | -€25,000 | |
| Provisions for liabilities and charges | 160/5 | €25,000 | - | -€25,000 | |
| Other liabilities and charges | 164/5 | €25,000 | - | -€25,000 | |
| Amounts payable | 17/49 | €83,646 | €3,663 | -€79,984 | -95.6% |
| Amounts payable within one year | 42/48 | €83,646 | €3,663 | -€79,984 | -95.6% |
| Financial debts | 43 | - | €61 | +€61 | |
| Credit institutions | 430/8 | - | €61 | +€61 | |
| Trade debts | 44 | €10,048 | €3,000 | -€7,048 | -70.1% |
| Suppliers | 440/4 | €10,048 | €3,000 | -€7,048 | -70.1% |
| Taxes, remuneration and social security | 45 | €8,345 | €602 | -€7,743 | -92.8% |
| Taxes | 450/3 | €8,345 | €602 | -€7,743 | -92.8% |
| Other amounts payable | 47/48 | €65,253 | - | -€65,253 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€25,000 | -€25,000 | |
| Other operating charges | 640/8 | - | €428 | +€428 | |
| Gross operating margin | 9900 | -€3,247 | -€20,574 | -€17,326 | -534% |
| Operating profit (loss) | 9901 | -€3,247 | €3,998 | +€7,245 | |
| Financial income | 75/76B | €3,330 | - | -€3,330 | |
| Recurring financial income | 75 | €3,330 | - | -€3,330 | |
| Financial charges | 65/66B | €344 | €207 | -€137 | -39.8% |
| Recurring financial charges | 65 | €344 | €207 | -€137 | -39.8% |
| Profit (loss) for the period before taxes | 9903 | -€261 | €3,791 | +€4,052 | |
| Income taxes | 67/77 | - | €602 | +€602 | |
| Profit (loss) for the period | 9904 | -€261 | €3,189 | +€3,450 | |
| Profit (loss) for the period to be appropriated | 9905 | -€261 | €3,189 | +€3,450 |
Source: filed annual accounts (NBB), financial years ended 31 January 2024 and 31 January 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.