VDV - 2015: 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.
VDV - 2015
Largest movements
- Tangible fixed assets -€32,734
down €32,734 (-4.1%), from €807,186 to €774,452
- Current investments -€18,446
down €18,446 (-22.1%), from €83,629 to €65,183
- Receivables within one year +€9,445
up €9,445 (+432.5%), from €2,184 to €11,629
- Reserves -€29,689
down €29,689 (-4.0%), from €749,509 to €719,820
- Gross operating margin +€11,623
up €11,623, from -€9,420 to €2,203
From the 2015 result to the 2016 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 2015 and 2016 balance sheets and the 2016 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2015 | 2016 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €895,723 | €860,988 | -€34,735 | -3.9% |
| Fixed assets | 21/28 | €807,186 | €774,452 | -€32,734 | -4.1% |
| Tangible fixed assets | 22/27 | €807,186 | €774,452 | -€32,734 | -4.1% |
| Current assets | 29/58 | €88,536 | €86,536 | -€2,001 | -2.3% |
| Amounts receivable within one year | 40/41 | €2,184 | €11,629 | +€9,445 | +432.5% |
| Current investments | 50/53 | €83,629 | €65,183 | -€18,446 | -22.1% |
| Cash at bank and in hand | 54/58 | €2,724 | €9,724 | +€7,000 | +257.0% |
| Total equity and liabilities | 10/49 | €895,723 | €860,988 | -€34,735 | -3.9% |
| Equity | 10/15 | €885,850 | €856,162 | -€29,689 | -3.4% |
| Contributions | 10/11 | €136,341 | €136,341 | = | 0.0% |
| Reserves | 13 | €749,509 | €719,820 | -€29,689 | -4.0% |
| Amounts payable | 17/49 | €9,872 | €4,826 | -€5,046 | -51.1% |
| Amounts payable within one year | 42/48 | €9,872 | €4,826 | -€5,046 | -51.1% |
| Trade debts | 44 | €9,872 | €4,826 | -€5,046 | -51.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,734 | €32,734 | = | 0.0% |
| Gross operating margin | 9900 | -€9,420 | €2,203 | +€11,623 | |
| Operating profit (loss) | 9901 | -€63,460 | -€31,864 | +€31,596 | +49.8% |
| Recurring financial income | 75 | €833 | €2,097 | +€1,265 | +151.9% |
| Recurring financial charges | 65 | €1 | €2 | +€2 | +216.2% |
| Profit (loss) for the period before taxes | 9903 | -€62,628 | -€29,769 | +€32,859 | +52.5% |
| Income taxes | 67/77 | -€166 | -€80 | +€86 | +51.6% |
| Profit (loss) for the period | 9904 | -€62,463 | -€29,689 | +€32,774 | +52.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€62,463 | -€29,689 | +€32,774 | +52.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2015 and 30 June 2016. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.