VDV INTERIEUR: 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 INTERIEUR
Largest movements
- Receivables within one year +€9,236
up €9,236 (+26.4%), from €35,003 to €44,239
of which Trade receivables: +€8,474
- Cash -€2,889
down €2,889 (-100%), from €2,889 to €0
mainly Receivables within one year (-€9,236) and Other debts (-€3,130)
- Tangible fixed assets +€488
up €488 (+57.3%), from €852 to €1,340
- Reserves +€8,605
up €8,605 (+33.8%), from €25,438 to €34,043
- Other debts -€3,130
down €3,130 (-100%), from €3,130 to €0
- Short-term financial debts +€1,452
new in 2025: €1,452
- Tax, wage and social debts -€833
down €833 (-16.7%), from €4,975 to €4,142
- Trade debts +€636
up €636 (+1,312%), from €48 to €684
- Gross operating margin +€5,220
up €5,220 (+63.2%), from €8,257 to €13,477
- Taxes +€1,839
up €1,839 (+82.1%), from €2,240 to €4,079
- Other operating charges -€710
down €710 (-40.9%), from €1,736 to €1,026
- Depreciation +€493
up €493 (+289%), from €170 to €664
- Financial charges -€358
down €358 (-70.3%), from €509 to €151
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 | €40,410 | €47,141 | +€6,731 | +16.7% |
| Fixed assets | 21/28 | €852 | €1,340 | +€488 | +57.3% |
| Tangible fixed assets | 22/27 | €852 | €1,340 | +€488 | +57.3% |
| Furniture and vehicles | 24 | €852 | €1,340 | +€488 | +57.3% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €39,558 | €45,801 | +€6,243 | +15.8% |
| Amounts receivable within one year | 40/41 | €35,003 | €44,239 | +€9,236 | +26.4% |
| Trade receivables | 40 | €769 | €9,243 | +€8,474 | +1,102% |
| Other amounts receivable | 41 | €34,234 | €34,996 | +€762 | +2.2% |
| Cash at bank and in hand | 54/58 | €2,889 | €0 | -€2,889 | -100% |
| Deferred charges and accrued income | 490/1 | €1,667 | €1,562 | -€104 | -6.2% |
| Total equity and liabilities | 10/49 | €40,410 | €47,141 | +€6,731 | +16.7% |
| Equity | 10/15 | €32,258 | €40,863 | +€8,605 | +26.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €25,438 | €34,043 | +€8,605 | +33.8% |
| Distributable reserves | 133 | €25,438 | €34,043 | +€8,605 | +33.8% |
| Profit (loss) carried forward | 14 | €620 | €620 | = | 0.0% |
| Amounts payable | 17/49 | €8,153 | €6,278 | -€1,874 | -23.0% |
| Amounts payable within one year | 42/48 | €8,153 | €6,278 | -€1,874 | -23.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Financial debts | 43 | - | €1,452 | +€1,452 | |
| Credit institutions | 430/8 | - | €1,452 | +€1,452 | |
| Trade debts | 44 | €48 | €684 | +€636 | +1,312% |
| Suppliers | 440/4 | €48 | €684 | +€636 | +1,312% |
| Taxes, remuneration and social security | 45 | €4,975 | €4,142 | -€833 | -16.7% |
| Taxes | 450/3 | €4,975 | €4,142 | -€833 | -16.7% |
| Other amounts payable | 47/48 | €3,130 | €0 | -€3,130 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €170 | €664 | +€493 | +289% |
| Other operating charges | 640/8 | €1,736 | €1,026 | -€710 | -40.9% |
| Gross operating margin | 9900 | €8,257 | €13,477 | +€5,220 | +63.2% |
| Operating profit (loss) | 9901 | €6,351 | €11,787 | +€5,437 | +85.6% |
| Financial income | 75/76B | €1,053 | €1,048 | -€5 | -0.5% |
| Recurring financial income | 75 | €1,053 | €1,048 | -€5 | -0.5% |
| Financial charges | 65/66B | €509 | €151 | -€358 | -70.3% |
| Recurring financial charges | 65 | €509 | €151 | -€358 | -70.3% |
| Profit (loss) for the period before taxes | 9903 | €6,895 | €12,685 | +€5,790 | +84.0% |
| Income taxes | 67/77 | €2,240 | €4,079 | +€1,839 | +82.1% |
| Profit (loss) for the period | 9904 | €4,655 | €8,605 | +€3,950 | +84.9% |
| Profit (loss) for the period to be appropriated | 9905 | €4,655 | €8,605 | +€3,950 | +84.9% |
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 27 October 2026 via checked.be.