VDV-Care: 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-Care
Largest movements
- Current investments +€92,022
up €92,022 (+170%), from €54,029 to €146,051
- Cash -€34,433
down €34,433 (-58.2%), from €59,117 to €24,684
mainly Current investments (-€92,022) and Investment in fixed assets (net) (-€9,981)
- Receivables within one year +€8,263
up €8,263 (+31.6%), from €26,122 to €34,384
of which Other amounts receivable: +€16,524
- Tangible fixed assets +€7,502
up €7,502 (+53.6%), from €13,997 to €21,499
of which Other tangible fixed assets: +€7,559
- Reserves +€65,300
up €65,300 (+47.1%), from €138,700 to €204,000
- Other debts +€8,400
up €8,400 (+73.0%), from €11,500 to €19,900
- Gross operating margin +€2,414
up €2,414 (+2.5%), from €98,496 to €100,910
- Taxes +€1,376
up €1,376 (+5.7%), from €24,100 to €25,476
- Financial income +€1,264
up €1,264 (+197%), from €643 to €1,906
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 | €160,715 | €235,353 | +€74,638 | +46.4% |
| Fixed assets | 21/28 | €13,997 | €21,499 | +€7,502 | +53.6% |
| Tangible fixed assets | 22/27 | €13,997 | €21,499 | +€7,502 | +53.6% |
| Plant, machinery and equipment | 23 | €7,774 | €7,835 | +€62 | +0.8% |
| Furniture and vehicles | 24 | €993 | €875 | -€119 | -11.9% |
| Other tangible fixed assets | 26 | €5,230 | €12,789 | +€7,559 | +145% |
| Current assets | 29/58 | €146,718 | €213,854 | +€67,136 | +45.8% |
| Amounts receivable within one year | 40/41 | €26,122 | €34,384 | +€8,263 | +31.6% |
| Trade receivables | 40 | €17,502 | €9,241 | -€8,261 | -47.2% |
| Other amounts receivable | 41 | €8,620 | €25,143 | +€16,524 | +192% |
| Current investments | 50/53 | €54,029 | €146,051 | +€92,022 | +170% |
| Cash at bank and in hand | 54/58 | €59,117 | €24,684 | -€34,433 | -58.2% |
| Deferred charges and accrued income | 490/1 | €7,451 | €8,735 | +€1,284 | +17.2% |
| Total equity and liabilities | 10/49 | €160,715 | €235,353 | +€74,638 | +46.4% |
| Equity | 10/15 | €141,733 | €207,022 | +€65,290 | +46.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €138,700 | €204,000 | +€65,300 | +47.1% |
| Distributable reserves | 133 | €138,700 | €204,000 | +€65,300 | +47.1% |
| Profit (loss) carried forward | 14 | €33 | €22 | -€10 | -32.0% |
| Amounts payable | 17/49 | €18,982 | €28,331 | +€9,348 | +49.2% |
| Amounts payable within one year | 42/48 | €18,982 | €28,331 | +€9,348 | +49.2% |
| Trade debts | 44 | €3,060 | €2,080 | -€980 | -32.0% |
| Suppliers | 440/4 | €3,060 | €2,080 | -€980 | -32.0% |
| Taxes, remuneration and social security | 45 | €4,422 | €6,351 | +€1,929 | +43.6% |
| Taxes | 450/3 | €4,422 | €6,351 | +€1,929 | +43.6% |
| Other amounts payable | 47/48 | €11,500 | €19,900 | +€8,400 | +73.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,639 | €2,479 | +€840 | +51.3% |
| Other operating charges | 640/8 | €453 | €458 | +€6 | +1.2% |
| Gross operating margin | 9900 | €98,496 | €100,910 | +€2,414 | +2.5% |
| Operating profit (loss) | 9901 | €96,405 | €97,973 | +€1,568 | +1.6% |
| Financial income | 75/76B | €643 | €1,906 | +€1,264 | +197% |
| Recurring financial income | 75 | €643 | €1,906 | +€1,264 | +197% |
| Financial charges | 65/66B | €882 | €714 | -€169 | -19.1% |
| Recurring financial charges | 65 | €882 | €714 | -€169 | -19.1% |
| Profit (loss) for the period before taxes | 9903 | €96,165 | €99,165 | +€3,000 | +3.1% |
| Income taxes | 67/77 | €24,100 | €25,476 | +€1,376 | +5.7% |
| Profit (loss) for the period | 9904 | €72,065 | €73,690 | +€1,624 | +2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €72,065 | €73,690 | +€1,624 | +2.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.