VDVGOTIT: 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.
VDVGOTIT
Largest movements
- Receivables within one year +€9,287
up €9,287 (+1511.0%), from €615 to €9,902
of which Trade receivables: +€9,431
- Cash -€7,623
down €7,623 (-11.4%), from €66,735 to €59,112
mainly Receivables within one year (-€9,287) and Trade debts (-€7,256)
- Deferred charges and accrued income +€2,580
new in 2025: €2,580
- Other debts +€16,543
up €16,543 (+73.9%), from €22,380 to €38,923
- Trade debts -€7,256
down €7,256 (-88.6%), from €8,186 to €930
- Tax, wage and social debts -€5,524
down €5,524 (-81.8%), from €6,757 to €1,233
- Gross operating margin -€30,902
down €30,902 (-90.0%), from €34,317 to €3,415
- Taxes -€6,302
down €6,302 (-93.3%), from €6,757 to €455
- Financial charges +€1,749
up €1,749 (+1132.1%), from €154 to €1,903
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 | €67,350 | €71,593 | +€4,244 | +6.3% |
| Current assets | 29/58 | €67,350 | €71,593 | +€4,244 | +6.3% |
| Amounts receivable within one year | 40/41 | €615 | €9,902 | +€9,287 | +1511.0% |
| Trade receivables | 40 | - | €9,431 | +€9,431 | |
| Other amounts receivable | 41 | €615 | €471 | -€144 | -23.4% |
| Cash at bank and in hand | 54/58 | €66,735 | €59,112 | -€7,623 | -11.4% |
| Deferred charges and accrued income | 490/1 | - | €2,580 | +€2,580 | |
| Total equity and liabilities | 10/49 | €67,350 | €71,593 | +€4,244 | +6.3% |
| Equity | 10/15 | €30,026 | €30,507 | +€481 | +1.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,026 | €27,507 | +€481 | +1.8% |
| Amounts payable | 17/49 | €37,323 | €41,086 | +€3,763 | +10.1% |
| Amounts payable within one year | 42/48 | €37,323 | €41,086 | +€3,763 | +10.1% |
| Trade debts | 44 | €8,186 | €930 | -€7,256 | -88.6% |
| Suppliers | 440/4 | €8,186 | €930 | -€7,256 | -88.6% |
| Taxes, remuneration and social security | 45 | €6,757 | €1,233 | -€5,524 | -81.8% |
| Taxes | 450/3 | €6,757 | €1,233 | -€5,524 | -81.8% |
| Other amounts payable | 47/48 | €22,380 | €38,923 | +€16,543 | +73.9% |
| Other operating charges | 640/8 | €437 | €576 | +€139 | +31.7% |
| Gross operating margin | 9900 | €34,317 | €3,415 | -€30,902 | -90.0% |
| Operating profit (loss) | 9901 | €33,880 | €2,839 | -€31,041 | -91.6% |
| Financial income | 75/76B | €58 | - | -€58 | |
| Recurring financial income | 75 | €58 | - | -€58 | |
| Financial charges | 65/66B | €154 | €1,903 | +€1,749 | +1132.1% |
| Recurring financial charges | 65 | €154 | €1,903 | +€1,749 | +1132.1% |
| Profit (loss) for the period before taxes | 9903 | €33,783 | €936 | -€32,847 | -97.2% |
| Income taxes | 67/77 | €6,757 | €455 | -€6,302 | -93.3% |
| Profit (loss) for the period | 9904 | €27,026 | €481 | -€26,545 | -98.2% |
| Profit (loss) for the period to be appropriated | 9905 | €27,026 | €481 | -€26,545 | -98.2% |
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.