VDS Wörx: 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 Wörx
Largest movements
- Cash +€16,772
up €16,772 (+149%), from €11,256 to €28,029
mainly Trade debts (+€11,656) and Net result for the year (+€8,811)
- Receivables within one year +€7,124
up €7,124 (+27.8%), from €25,605 to €32,729
of which Other amounts receivable: +€4,123
- Trade debts +€11,656
new in 2025: €11,656
- Reserves +€8,811
up €8,811 (+39.7%), from €22,181 to €30,992
- Other debts +€6,155
up €6,155 (+217%), from €2,838 to €8,993
- Tax, wage and social debts -€2,581
down €2,581 (-40.3%), from €6,398 to €3,817
- Gross operating margin +€8,258
up €8,258 (+100%), from €8,235 to €16,493
- Taxes +€1,797
up €1,797 (+89.0%), from €2,020 to €3,817
- Other operating charges +€1,521
up €1,521 (+99.7%), from €1,525 to €3,046
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 | €37,617 | €61,657 | +€24,040 | +63.9% |
| Fixed assets | 21/28 | €756 | €900 | +€144 | +19.0% |
| Tangible fixed assets | 22/27 | €756 | €900 | +€144 | +19.0% |
| Plant, machinery and equipment | 23 | €114 | €808 | +€694 | +609% |
| Furniture and vehicles | 24 | €642 | €92 | -€550 | -85.7% |
| Current assets | 29/58 | €36,861 | €60,757 | +€23,896 | +64.8% |
| Amounts receivable within one year | 40/41 | €25,605 | €32,729 | +€7,124 | +27.8% |
| Trade receivables | 40 | €25,605 | €28,606 | +€3,001 | +11.7% |
| Other amounts receivable | 41 | - | €4,123 | +€4,123 | |
| Cash at bank and in hand | 54/58 | €11,256 | €28,029 | +€16,772 | +149% |
| Total equity and liabilities | 10/49 | €37,617 | €61,657 | +€24,040 | +63.9% |
| Equity | 10/15 | €28,381 | €37,192 | +€8,811 | +31.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €22,181 | €30,992 | +€8,811 | +39.7% |
| Distributable reserves | 133 | €22,181 | €30,992 | +€8,811 | +39.7% |
| Amounts payable | 17/49 | €9,236 | €24,465 | +€15,229 | +165% |
| Amounts payable within one year | 42/48 | €9,236 | €24,465 | +€15,229 | +165% |
| Trade debts | 44 | - | €11,656 | +€11,656 | |
| Suppliers | 440/4 | - | €11,656 | +€11,656 | |
| Taxes, remuneration and social security | 45 | €6,398 | €3,817 | -€2,581 | -40.3% |
| Taxes | 450/3 | €6,398 | €3,817 | -€2,581 | -40.3% |
| Other amounts payable | 47/48 | €2,838 | €8,993 | +€6,155 | +217% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €892 | €765 | -€127 | -14.2% |
| Other operating charges | 640/8 | €1,525 | €3,046 | +€1,521 | +99.7% |
| Gross operating margin | 9900 | €8,235 | €16,493 | +€8,258 | +100% |
| Operating profit (loss) | 9901 | €5,818 | €12,682 | +€6,864 | +118% |
| Financial charges | 65/66B | €58 | €54 | -€3 | -5.8% |
| Recurring financial charges | 65 | €58 | €54 | -€3 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €5,760 | €12,627 | +€6,867 | +119% |
| Income taxes | 67/77 | €2,020 | €3,817 | +€1,797 | +89.0% |
| Profit (loss) for the period | 9904 | €3,741 | €8,811 | +€5,070 | +136% |
| Profit (loss) for the period to be appropriated | 9905 | €3,741 | €8,811 | +€5,070 | +136% |
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 29 October 2026 via checked.be.