VDV Dakconstructie: 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 Dakconstructie
Largest movements
- Tangible fixed assets -€69,967
down €69,967 (-47.9%), from €146,060 to €76,093
of which Furniture and vehicles: -€63,627
- Cash -€42,843
down €42,843 (-15.4%), from €278,578 to €235,735
mainly Tax, wage and social debts (-€36,953) and Debts after one year (-€36,239)
- Stocks and contracts -€6,220
down €6,220 (-54.1%), from €11,500 to €5,280
- Receivables within one year +€5,712
up €5,712 (+83.1%), from €6,870 to €12,583
of which Trade receivables: +€4,924
- Tax, wage and social debts -€36,953
down €36,953 (-55.0%), from €67,178 to €30,225
- Debts after one year -€36,239
down €36,239 (-73.5%), from €49,318 to €13,079
- Other debts -€21,987
down €21,987 (-90.3%), from €24,348 to €2,361
- Short-term financial debts -€11,556
down €11,556 (-37.6%), from €30,725 to €19,168
- Accrued charges and deferred income -€5,848
no longer reported in 2025 (was €5,848)
- Gross operating margin -€127,974
down €127,974 (-61.0%), from €209,863 to €81,889
- Taxes -€27,860
down €27,860, from €27,435 to -€425
- Depreciation -€12,642
down €12,642 (-23.1%), from €54,779 to €42,137
- Staff costs -€10,224
no longer reported in 2025 (was €10,224)
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.
Cash bridge derived
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 | €445,311 | €331,618 | -€113,694 | -25.5% |
| Fixed assets | 21/28 | €146,060 | €76,093 | -€69,967 | -47.9% |
| Tangible fixed assets | 22/27 | €146,060 | €76,093 | -€69,967 | -47.9% |
| Plant, machinery and equipment | 23 | €5,545 | €4,505 | -€1,039 | -18.7% |
| Furniture and vehicles | 24 | €134,533 | €70,906 | -€63,627 | -47.3% |
| Leasing and similar rights | 25 | €5,982 | €682 | -€5,300 | -88.6% |
| Current assets | 29/58 | €299,251 | €255,524 | -€43,727 | -14.6% |
| Stocks and contracts in progress | 3 | €11,500 | €5,280 | -€6,220 | -54.1% |
| Stocks | 30/36 | €11,500 | €5,280 | -€6,220 | -54.1% |
| Amounts receivable within one year | 40/41 | €6,870 | €12,583 | +€5,712 | +83.1% |
| Trade receivables | 40 | €1,631 | €6,555 | +€4,924 | +301.8% |
| Other amounts receivable | 41 | €5,239 | €6,027 | +€789 | +15.1% |
| Cash at bank and in hand | 54/58 | €278,578 | €235,735 | -€42,843 | -15.4% |
| Deferred charges and accrued income | 490/1 | €2,303 | €1,927 | -€376 | -16.3% |
| Total equity and liabilities | 10/49 | €445,311 | €331,618 | -€113,694 | -25.5% |
| Equity | 10/15 | €263,600 | €264,652 | +€1,052 | +0.4% |
| Profit (loss) carried forward | 14 | €263,600 | €264,652 | +€1,052 | +0.4% |
| Amounts payable | 17/49 | €181,711 | €66,966 | -€114,746 | -63.1% |
| Amounts payable after more than one year | 17 | €49,318 | €13,079 | -€36,239 | -73.5% |
| Financial debts | 170/4 | €49,318 | €13,079 | -€36,239 | -73.5% |
| Amounts payable within one year | 42/48 | €126,545 | €53,887 | -€72,658 | -57.4% |
| Current portion of amounts payable after more than one year | 42 | €4,247 | €1,425 | -€2,822 | -66.4% |
| Financial debts | 43 | €30,725 | €19,168 | -€11,556 | -37.6% |
| Credit institutions | 430/8 | €30,725 | €19,168 | -€11,556 | -37.6% |
| Trade debts | 44 | €48 | €707 | +€660 | +1385.7% |
| Suppliers | 440/4 | €48 | €707 | +€660 | +1385.7% |
| Taxes, remuneration and social security | 45 | €67,178 | €30,225 | -€36,953 | -55.0% |
| Taxes | 450/3 | €67,178 | €30,225 | -€36,953 | -55.0% |
| Other amounts payable | 47/48 | €24,348 | €2,361 | -€21,987 | -90.3% |
| Accrued charges and deferred income | 492/3 | €5,848 | - | -€5,848 | |
| Remuneration, social security and pensions | 62 | €10,224 | - | -€10,224 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,779 | €42,137 | -€12,642 | -23.1% |
| Other operating charges | 640/8 | €26,208 | €24,784 | -€1,423 | -5.4% |
| Non-recurring operating charges | 66A | €4,812 | €10,923 | +€6,111 | +127.0% |
| Gross operating margin | 9900 | €209,863 | €81,889 | -€127,974 | -61.0% |
| Operating profit (loss) | 9901 | €113,841 | €4,045 | -€109,796 | -96.4% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €5,467 | €3,420 | -€2,047 | -37.4% |
| Recurring financial charges | 65 | €5,302 | €3,420 | -€1,882 | -35.5% |
| Non-recurring financial charges | 66B | €165 | - | -€165 | |
| Profit (loss) for the period before taxes | 9903 | €108,374 | €627 | -€107,748 | -99.4% |
| Income taxes | 67/77 | €27,435 | -€425 | -€27,860 | |
| Profit (loss) for the period | 9904 | €80,940 | €1,052 | -€79,888 | -98.7% |
| Profit (loss) for the period to be appropriated | 9905 | €80,940 | €1,052 | -€79,888 | -98.7% |
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 10 October 2026 via checked.be.