VDS & CO SERVICES: what changed
VDS & CO SERVICES
Largest movements
- Cash +€9,958
up €9,958 (+190%), from €5,249 to €15,207
mainly Depreciation (+€4,985) and Trade debts (+€3,122)
- Tangible fixed assets -€4,985
down €4,985 (-77.3%), from €6,448 to €1,463
of which Furniture and vehicles: -€4,739
- Receivables within one year -€2,243
down €2,243 (-49.8%), from €4,505 to €2,262
of which Trade receivables: -€1,540
- Stocks and contracts +€335
up €335 (+39.0%), from €858 to €1,193
- Debts after one year -€3,349
down €3,349 (-45.8%), from €7,310 to €3,962
- Trade debts +€3,122
up €3,122 (+1,356%), from €230 to €3,352
- Other debts +€2,383
up €2,383 (+3,972%), from €60 to €2,443
- Profit (loss) carried forward +€1,477
up €1,477 (+15.8%), from -€9,348 to -€7,871
- Tax, wage and social debts -€563
down €563 (-28.5%), from €1,974 to €1,412
- Gross operating margin -€5,166
down €5,166 (-36.7%), from €14,082 to €8,916
- Staff costs -€702
down €702 (-57.1%), from €1,230 to €528
- Taxes -€561
down €561 (-28.4%), from €1,974 to €1,414
- Financial income -€312
down €312 (-46.2%), from €676 to €364
- Financial charges -€202
down €202 (-43.6%), from €463 to €261
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €17,060 | €20,166 | +€3,105 | +18.2% |
| Fixed assets | 21/28 | €6,448 | €1,463 | -€4,985 | -77.3% |
| Tangible fixed assets | 22/27 | €6,448 | €1,463 | -€4,985 | -77.3% |
| Plant, machinery and equipment | 23 | €1,229 | €983 | -€246 | -20.0% |
| Furniture and vehicles | 24 | €5,219 | €480 | -€4,739 | -90.8% |
| Current assets | 29/58 | €10,612 | €18,703 | +€8,090 | +76.2% |
| Stocks and contracts in progress | 3 | €858 | €1,193 | +€335 | +39.0% |
| Stocks | 30/36 | €858 | €1,193 | +€335 | +39.0% |
| Amounts receivable within one year | 40/41 | €4,505 | €2,262 | -€2,243 | -49.8% |
| Trade receivables | 40 | €2,463 | €924 | -€1,540 | -62.5% |
| Other amounts receivable | 41 | €2,042 | €1,338 | -€703 | -34.5% |
| Cash at bank and in hand | 54/58 | €5,249 | €15,207 | +€9,958 | +190% |
| Deferred charges and accrued income | 490/1 | - | €40 | +€40 | |
| Total equity and liabilities | 10/49 | €17,060 | €20,166 | +€3,105 | +18.2% |
| Equity | 10/15 | €4,180 | €5,657 | +€1,477 | +35.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €7,328 | €7,328 | = | 0.0% |
| Non-distributable reserves | 130/1 | €980 | €980 | = | 0.0% |
| Reserves not available under the articles | 1311 | €980 | €980 | = | 0.0% |
| Tax-exempt reserves | 132 | €6,347 | €6,347 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,348 | -€7,871 | +€1,477 | +15.8% |
| Amounts payable | 17/49 | €12,880 | €14,509 | +€1,628 | +12.6% |
| Amounts payable after more than one year | 17 | €7,310 | €3,962 | -€3,349 | -45.8% |
| Financial debts | 170/4 | €7,310 | €3,962 | -€3,349 | -45.8% |
| Amounts payable within one year | 42/48 | €5,570 | €10,547 | +€4,977 | +89.3% |
| Current portion of amounts payable after more than one year | 42 | €3,306 | €3,340 | +€35 | +1.1% |
| Trade debts | 44 | €230 | €3,352 | +€3,122 | +1,356% |
| Suppliers | 440/4 | €230 | €3,352 | +€3,122 | +1,356% |
| Taxes, remuneration and social security | 45 | €1,974 | €1,412 | -€563 | -28.5% |
| Taxes | 450/3 | €1,974 | €1,412 | -€563 | -28.5% |
| Other amounts payable | 47/48 | €60 | €2,443 | +€2,383 | +3,972% |
| Remuneration, social security and pensions | 62 | €1,230 | €528 | -€702 | -57.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,114 | €4,985 | -€129 | -2.5% |
| Other operating charges | 640/8 | €578 | €615 | +€37 | +6.4% |
| Gross operating margin | 9900 | €14,082 | €8,916 | -€5,166 | -36.7% |
| Operating profit (loss) | 9901 | €7,160 | €2,788 | -€4,372 | -61.1% |
| Financial income | 75/76B | €676 | €364 | -€312 | -46.2% |
| Recurring financial income | 75 | €676 | €364 | -€312 | -46.2% |
| Financial charges | 65/66B | €463 | €261 | -€202 | -43.6% |
| Recurring financial charges | 65 | €463 | €261 | -€202 | -43.6% |
| Profit (loss) for the period before taxes | 9903 | €7,373 | €2,891 | -€4,483 | -60.8% |
| Income taxes | 67/77 | €1,974 | €1,414 | -€561 | -28.4% |
| Profit (loss) for the period | 9904 | €5,399 | €1,477 | -€3,922 | -72.6% |
| Profit (loss) for the period to be appropriated | 9905 | €5,399 | €1,477 | -€3,922 | -72.6% |
Next steps
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 4 November 2026 via checked.be.