VDS PLANNING & MANAGEMENT: 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 PLANNING & MANAGEMENT
Largest movements
- Tangible fixed assets -€27,579
down €27,579 (-5.0%), from €556,797 to €529,217
- Profit (loss) carried forward -€38,215
down €38,215 (-8.4%), from -€456,583 to -€494,798
- Other debts +€10,438
up €10,438 (+1.1%), from €991,833 to €1.0m
- Other operating charges +€209
up €209 (+3.1%), from €6,679 to €6,888
- Gross operating margin -€152
down €152 (-4.3%), from -€3,538 to -€3,691
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 | €559,718 | €531,967 | -€27,751 | -5.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €556,797 | €529,217 | -€27,579 | -5.0% |
| Tangible fixed assets | 22/27 | €556,797 | €529,217 | -€27,579 | -5.0% |
| Land and buildings | 22 | €556,797 | €529,217 | -€27,579 | -5.0% |
| Current assets | 29/58 | €2,921 | €2,750 | -€171 | -5.9% |
| Cash at bank and in hand | 54/58 | €2,235 | €2,031 | -€204 | -9.1% |
| Deferred charges and accrued income | 490/1 | €686 | €719 | +€33 | +4.8% |
| Total equity and liabilities | 10/49 | €559,718 | €531,967 | -€27,751 | -5.0% |
| Equity | 10/15 | -€432,115 | -€470,330 | -€38,215 | -8.8% |
| Contributions | 10/11 | €19,800 | €19,800 | = | 0.0% |
| Reserves | 13 | €4,668 | €4,668 | = | 0.0% |
| Distributable reserves | 133 | €4,668 | €4,668 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€456,583 | -€494,798 | -€38,215 | -8.4% |
| Amounts payable | 17/49 | €991,833 | €1,002,297 | +€10,464 | +1.1% |
| Amounts payable within one year | 42/48 | €991,833 | €1,002,297 | +€10,464 | +1.1% |
| Trade debts | 44 | - | €26 | +€26 | |
| Suppliers | 440/4 | - | €26 | +€26 | |
| Other amounts payable | 47/48 | €991,833 | €1,002,271 | +€10,438 | +1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,579 | €27,579 | = | 0.0% |
| Other operating charges | 640/8 | €6,679 | €6,888 | +€209 | +3.1% |
| Gross operating margin | 9900 | -€3,538 | -€3,691 | -€152 | -4.3% |
| Operating profit (loss) | 9901 | -€37,796 | -€38,158 | -€361 | -1.0% |
| Financial income | 75/76B | €5 | €4 | -€2 | -30.7% |
| Recurring financial income | 75 | €5 | €4 | -€2 | -30.7% |
| Financial charges | 65/66B | €61 | €60 | -€2 | -2.5% |
| Recurring financial charges | 65 | €61 | €60 | -€2 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | -€37,852 | -€38,214 | -€362 | -1.0% |
| Income taxes | 67/77 | €2 | €1 | -€1 | -31.3% |
| Profit (loss) for the period | 9904 | -€37,854 | -€38,215 | -€361 | -1.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,854 | -€38,215 | -€361 | -1.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.