VDV Technics: what changed
Two fiscal 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 Technics
Largest movements
- Receivables within one year -€32,549
down €32,549 (-59.4%), from €54,840 to €22,291
of which Trade receivables: -€32,387
- Cash +€1,349
up €1,349 (+52.6%), from €2,567 to €3,916
mainly Receivables within one year (+€32,549) and Tax, wage and social debts (+€11,076)
- Trade debts -€29,312
down €29,312 (-66.4%), from €44,176 to €14,864
- Profit (loss) carried forward -€13,227
down €13,227 (-28.3%), from -€46,673 to -€59,900
- Tax, wage and social debts +€11,076
up €11,076 (+41.2%), from €26,870 to €37,946
of which Remuneration and social security: +€7,861
No income-statement line moved by more than 1% of the activity.
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €57,670 | €26,207 | -€31,463 | -54.6% |
| Current assets | 29/58 | €57,670 | €26,207 | -€31,463 | -54.6% |
| Amounts receivable within one year | 40/41 | €54,840 | €22,291 | -€32,549 | -59.4% |
| Trade receivables | 40 | €54,620 | €22,233 | -€32,387 | -59.3% |
| Other amounts receivable | 41 | €220 | €58 | -€162 | -73.5% |
| Cash at bank and in hand | 54/58 | €2,567 | €3,916 | +€1,349 | +52.6% |
| Deferred charges and accrued income | 490/1 | €264 | - | -€264 | |
| Total equity and liabilities | 10/49 | €57,670 | €26,207 | -€31,463 | -54.6% |
| Equity | 10/15 | -€28,073 | -€41,300 | -€13,227 | -47.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€46,673 | -€59,900 | -€13,227 | -28.3% |
| Amounts payable | 17/49 | €85,743 | €67,507 | -€18,237 | -21.3% |
| Amounts payable after more than one year | 17 | €13,000 | €13,000 | = | 0.0% |
| Financial debts | 170/4 | €13,000 | €13,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €72,743 | €54,507 | -€18,237 | -25.1% |
| Trade debts | 44 | €44,176 | €14,864 | -€29,312 | -66.4% |
| Suppliers | 440/4 | €44,176 | €14,864 | -€29,312 | -66.4% |
| Taxes, remuneration and social security | 45 | €26,870 | €37,946 | +€11,076 | +41.2% |
| Taxes | 450/3 | €7,906 | €11,121 | +€3,215 | +40.7% |
| Remuneration and social security | 454/9 | €18,964 | €26,825 | +€7,861 | +41.5% |
| Other amounts payable | 47/48 | €1,697 | €1,697 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €132,004 | €133,152 | +€1,148 | +0.9% |
| Other operating charges | 640/8 | €1,110 | €302 | -€808 | -72.8% |
| Gross operating margin | 9900 | €119,935 | €121,048 | +€1,113 | +0.9% |
| Operating profit (loss) | 9901 | -€13,179 | -€12,406 | +€773 | +5.9% |
| Financial charges | 65/66B | €39 | €74 | +€35 | +89.6% |
| Recurring financial charges | 65 | €39 | €74 | +€35 | +89.6% |
| Profit (loss) for the period before taxes | 9903 | -€13,218 | -€12,480 | +€738 | +5.6% |
| Income taxes | 67/77 | - | €746 | +€746 | |
| Profit (loss) for the period | 9904 | -€13,218 | -€13,227 | -€8 | -0.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,218 | -€13,227 | -€8 | -0.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.