VDS LAW: what changed
Two fiscal 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 LAW
Largest movements
- Receivables within one year +€53,700
new in 2024: €53,700
of which Other amounts receivable: +€42,738
- Cash +€831
up €831 (+5935.7%), from €14 to €845
mainly Tax, wage and social debts (+€25,906) and Net result for the year (+€25,090)
- Tax, wage and social debts +€25,906
up €25,906 (+39855.4%), from €65 to €25,971
- Profit (loss) carried forward +€25,090
up €25,090, from -€484 to €24,606
- Trade debts +€3,767
up €3,767 (+3729.7%), from €101 to €3,868
- Gross operating margin +€30,867
up €30,867, from -€484 to €30,383
- Taxes +€6,767
new in 2024: €6,767
- Financial income +€2,419
new in 2024: €2,419
- Other operating charges +€797
new in 2024: €797
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14 | €54,545 | +€54,531 | +389507.1% |
| Current assets | 29/58 | €14 | €54,545 | +€54,531 | +389507.1% |
| Amounts receivable within one year | 40/41 | - | €53,700 | +€53,700 | |
| Trade receivables | 40 | - | €10,962 | +€10,962 | |
| Other amounts receivable | 41 | - | €42,738 | +€42,738 | |
| Cash at bank and in hand | 54/58 | €14 | €845 | +€831 | +5935.7% |
| Total equity and liabilities | 10/49 | €14 | €54,545 | +€54,531 | +389507.1% |
| Equity | 10/15 | -€384 | €24,706 | +€25,090 | |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€484 | €24,606 | +€25,090 | |
| Amounts payable | 17/49 | €398 | €29,839 | +€29,441 | +7397.2% |
| Amounts payable within one year | 42/48 | €398 | €29,839 | +€29,441 | +7397.2% |
| Trade debts | 44 | €101 | €3,868 | +€3,767 | +3729.7% |
| Suppliers | 440/4 | €101 | €3,868 | +€3,767 | +3729.7% |
| Taxes, remuneration and social security | 45 | €65 | €25,971 | +€25,906 | +39855.4% |
| Taxes | 450/3 | €65 | €25,971 | +€25,906 | +39855.4% |
| Other amounts payable | 47/48 | €232 | - | -€232 | |
| Other operating charges | 640/8 | - | €797 | +€797 | |
| Gross operating margin | 9900 | -€484 | €30,383 | +€30,867 | |
| Operating profit (loss) | 9901 | -€484 | €29,586 | +€30,070 | |
| Financial income | 75/76B | - | €2,419 | +€2,419 | |
| Recurring financial income | 75 | - | €2,419 | +€2,419 | |
| Financial charges | 65/66B | - | €148 | +€148 | |
| Recurring financial charges | 65 | - | €148 | +€148 | |
| Profit (loss) for the period before taxes | 9903 | -€484 | €31,857 | +€32,341 | |
| Income taxes | 67/77 | - | €6,767 | +€6,767 | |
| Profit (loss) for the period | 9904 | -€484 | €25,090 | +€25,574 | |
| Profit (loss) for the period to be appropriated | 9905 | -€484 | €25,090 | +€25,574 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.