VdW Automations: 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.
VdW Automations
Largest movements
- Cash +€6,211
up €6,211 (+88.9%), from €6,988 to €13,199
mainly Net result for the year (+€8,936) and Tax, wage and social debts (+€3,215)
- Receivables within one year +€2,104
new in 2025: €2,104
- Tangible fixed assets +€408
up €408 (+3.0%), from €13,415 to €13,823
of which Furniture and vehicles: +€1,667
- Reserves +€8,936
up €8,936 (+469.9%), from €1,901 to €10,837
- Tax, wage and social debts +€3,215
up €3,215 (+151.0%), from €2,129 to €5,344
- Other debts -€3,138
down €3,138 (-19.0%), from €16,541 to €13,403
- Gross operating margin +€15,552
up €15,552, from -€406 to €15,146
- Taxes +€3,203
up €3,203 (+5763.4%), from €56 to €3,258
- Depreciation +€440
up €440 (+20.9%), from €2,111 to €2,551
- Other operating charges +€356
up €356 (+97.2%), from €366 to €722
- Financial income +€158
up €158 (+64.3%), from €246 to €405
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 | €26,789 | €35,463 | +€8,674 | +32.4% |
| Fixed assets | 21/28 | €13,415 | €13,823 | +€408 | +3.0% |
| Tangible fixed assets | 22/27 | €13,415 | €13,823 | +€408 | +3.0% |
| Plant, machinery and equipment | 23 | €1,050 | €1,440 | +€390 | +37.2% |
| Furniture and vehicles | 24 | - | €1,667 | +€1,667 | |
| Other tangible fixed assets | 26 | €12,365 | €10,715 | -€1,649 | -13.3% |
| Current assets | 29/58 | €13,374 | €21,640 | +€8,266 | +61.8% |
| Amounts receivable within one year | 40/41 | - | €2,104 | +€2,104 | |
| Trade receivables | 40 | - | €2,104 | +€2,104 | |
| Cash at bank and in hand | 54/58 | €6,988 | €13,199 | +€6,211 | +88.9% |
| Deferred charges and accrued income | 490/1 | €6,386 | €6,337 | -€49 | -0.8% |
| Total equity and liabilities | 10/49 | €26,789 | €35,463 | +€8,674 | +32.4% |
| Equity | 10/15 | €4,901 | €13,837 | +€8,936 | +182.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €1,901 | €10,837 | +€8,936 | +469.9% |
| Distributable reserves | 133 | €1,901 | €10,837 | +€8,936 | +469.9% |
| Amounts payable | 17/49 | €21,888 | €21,626 | -€262 | -1.2% |
| Amounts payable within one year | 42/48 | €21,888 | €21,626 | -€262 | -1.2% |
| Trade debts | 44 | €3,217 | €2,879 | -€338 | -10.5% |
| Suppliers | 440/4 | €3,217 | €2,879 | -€338 | -10.5% |
| Taxes, remuneration and social security | 45 | €2,129 | €5,344 | +€3,215 | +151.0% |
| Taxes | 450/3 | €2,129 | €5,344 | +€3,215 | +151.0% |
| Other amounts payable | 47/48 | €16,541 | €13,403 | -€3,138 | -19.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,111 | €2,551 | +€440 | +20.9% |
| Other operating charges | 640/8 | €366 | €722 | +€356 | +97.2% |
| Gross operating margin | 9900 | -€406 | €15,146 | +€15,552 | |
| Operating profit (loss) | 9901 | -€2,883 | €11,873 | +€14,756 | |
| Financial income | 75/76B | €246 | €405 | +€158 | +64.3% |
| Recurring financial income | 75 | €246 | €405 | +€158 | +64.3% |
| Financial charges | 65/66B | €75 | €84 | +€9 | +11.8% |
| Recurring financial charges | 65 | €75 | €84 | +€9 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,712 | €12,194 | +€14,906 | |
| Income taxes | 67/77 | €56 | €3,258 | +€3,203 | +5763.4% |
| Profit (loss) for the period | 9904 | -€2,767 | €8,936 | +€11,703 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,767 | €8,936 | +€11,703 |
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 12 October 2026 via checked.be.