VDT RENO: 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.
VDT RENO
Largest movements
- Cash -€8,344
no longer reported in 2026 (was €8,344)
mainly Trade debts (-€8,254) and Tax, wage and social debts (-€3,379)
- Receivables within one year -€1,820
down €1,820 (-6.8%), from €26,593 to €24,773
of which Trade receivables: -€18,949
- Trade debts -€8,254
down €8,254 (-72.6%), from €11,365 to €3,111
- Tax, wage and social debts -€3,379
down €3,379 (-46.7%), from €7,233 to €3,854
of which Remuneration and social security: -€2,000
- Short-term financial debts +€1,817
new in 2026: €1,817
- Profit (loss) carried forward -€507
down €507 (-2.9%), from €17,297 to €16,790
- Gross operating margin -€23,041
down €23,041 (-93.2%), from €24,731 to €1,690
- Financial charges -€5,209
down €5,209 (-92.5%), from €5,631 to €423
- Taxes -€3,783
down €3,783 (-80.6%), from €4,696 to €913
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €36,005 | €25,682 | -€10,323 | -28.7% |
| Current assets | 29/58 | €36,005 | €25,682 | -€10,323 | -28.7% |
| Amounts receivable within one year | 40/41 | €26,593 | €24,773 | -€1,820 | -6.8% |
| Trade receivables | 40 | €18,949 | - | -€18,949 | |
| Other amounts receivable | 41 | €7,644 | €24,773 | +€17,129 | +224% |
| Cash at bank and in hand | 54/58 | €8,344 | - | -€8,344 | |
| Deferred charges and accrued income | 490/1 | €1,068 | €909 | -€159 | -14.9% |
| Total equity and liabilities | 10/49 | €36,005 | €25,682 | -€10,323 | -28.7% |
| Equity | 10/15 | €17,407 | €16,900 | -€507 | -2.9% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €10 | €10 | = | 0.0% |
| Distributable reserves | 133 | €10 | €10 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,297 | €16,790 | -€507 | -2.9% |
| Amounts payable | 17/49 | €18,598 | €8,782 | -€9,816 | -52.8% |
| Amounts payable within one year | 42/48 | €18,598 | €8,782 | -€9,816 | -52.8% |
| Financial debts | 43 | - | €1,817 | +€1,817 | |
| Credit institutions | 430/8 | - | €1,817 | +€1,817 | |
| Trade debts | 44 | €11,365 | €3,111 | -€8,254 | -72.6% |
| Suppliers | 440/4 | €11,365 | €3,111 | -€8,254 | -72.6% |
| Taxes, remuneration and social security | 45 | €7,233 | €3,854 | -€3,379 | -46.7% |
| Taxes | 450/3 | €5,233 | €3,854 | -€1,379 | -26.4% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other operating charges | 640/8 | €1,442 | €1,618 | +€176 | +12.2% |
| Gross operating margin | 9900 | €24,731 | €1,690 | -€23,041 | -93.2% |
| Operating profit (loss) | 9901 | €23,289 | €73 | -€23,216 | -99.7% |
| Financial income | 75/76B | €578 | €756 | +€177 | +30.7% |
| Recurring financial income | 75 | €578 | €756 | +€177 | +30.7% |
| Financial charges | 65/66B | €5,631 | €423 | -€5,209 | -92.5% |
| Recurring financial charges | 65 | €5,631 | €423 | -€5,209 | -92.5% |
| Profit (loss) for the period before taxes | 9903 | €18,236 | €406 | -€17,830 | -97.8% |
| Income taxes | 67/77 | €4,696 | €913 | -€3,783 | -80.6% |
| Profit (loss) for the period | 9904 | €13,540 | -€507 | -€14,047 | |
| Profit (loss) for the period to be appropriated | 9905 | €13,540 | -€507 | -€14,047 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.