VDW Glas: 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 Glas
Largest movements
- Cash +€1,201
up €1,201 (+12,009,600%), from €0 to €1,201
mainly Net result for the year (+€29,113) and Tax, wage and social debts (+€2,727)
- Profit (loss) carried forward +€29,113
up €29,113 (+44.3%), from -€65,693 to -€36,580
- Other debts -€26,924
down €26,924 (-37.6%), from €71,677 to €44,753
- Trade debts -€3,804
down €3,804 (-89.2%), from €4,266 to €462
- Tax, wage and social debts +€2,727
new in 2025: €2,727
- Gross operating margin +€36,843
up €36,843, from -€2,796 to €34,047
- Other operating charges +€3,908
up €3,908 (+415%), from €942 to €4,850
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 | €16,450 | €17,561 | +€1,111 | +6.8% |
| Fixed assets | 21/28 | €500 | €500 | = | 0.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €15,950 | €17,061 | +€1,111 | +7.0% |
| Amounts receivable within one year | 40/41 | €15,950 | €15,860 | -€90 | -0.6% |
| Trade receivables | 40 | €2,869 | €3,630 | +€761 | +26.5% |
| Other amounts receivable | 41 | €13,081 | €12,230 | -€851 | -6.5% |
| Cash at bank and in hand | 54/58 | €0 | €1,201 | +€1,201 | +12,009,600% |
| Total equity and liabilities | 10/49 | €16,450 | €17,561 | +€1,111 | +6.8% |
| Equity | 10/15 | -€59,493 | -€30,380 | +€29,113 | +48.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,693 | -€36,580 | +€29,113 | +44.3% |
| Amounts payable | 17/49 | €75,943 | €47,942 | -€28,002 | -36.9% |
| Amounts payable within one year | 42/48 | €75,943 | €47,942 | -€28,002 | -36.9% |
| Trade debts | 44 | €4,266 | €462 | -€3,804 | -89.2% |
| Suppliers | 440/4 | €4,266 | €462 | -€3,804 | -89.2% |
| Taxes, remuneration and social security | 45 | - | €2,727 | +€2,727 | |
| Taxes | 450/3 | - | €2,727 | +€2,727 | |
| Other amounts payable | 47/48 | €71,677 | €44,753 | -€26,924 | -37.6% |
| Non-recurring operating income | 76A | - | €3,148 | +€3,148 | |
| Other operating charges | 640/8 | €942 | €4,850 | +€3,908 | +415% |
| Non-recurring operating charges | 66A | €996 | - | -€996 | |
| Gross operating margin | 9900 | -€2,796 | €34,047 | +€36,843 | |
| Operating profit (loss) | 9901 | -€4,734 | €29,197 | +€33,931 | |
| Financial charges | 65/66B | €48 | €84 | +€36 | +73.3% |
| Recurring financial charges | 65 | €48 | €84 | +€36 | +73.3% |
| Profit (loss) for the period before taxes | 9903 | -€4,783 | €29,113 | +€33,895 | |
| Profit (loss) for the period | 9904 | -€4,783 | €29,113 | +€33,895 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,783 | €29,113 | +€33,895 |
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 14 October 2026 via checked.be.