VDW IT Consulting: 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 IT Consulting
Largest movements
- Receivables within one year +€11,138
up €11,138 (+78.6%), from €14,177 to €25,315
of which Other amounts receivable: +€11,095
- Cash -€9,199
down €9,199 (-17.0%), from €54,231 to €45,033
mainly Receivables within one year (-€11,138) and Other debts (-€6,849)
- Deferred charges and accrued income +€3,132
up €3,132 (+131%), from €2,386 to €5,518
- Current investments +€2,685
up €2,685 (+58.4%), from €4,600 to €7,285
- Tangible fixed assets +€1,179
up €1,179 (+59.4%), from €1,983 to €3,162
- Reserves +€20,314
up €20,314 (+35.0%), from €58,113 to €78,427
- Other debts -€6,849
down €6,849 (-100%), from €6,849 to €0
- Trade debts -€5,499
down €5,499 (-83.3%), from €6,604 to €1,104
- Tax, wage and social debts +€1,780
new in 2025: €1,780
- Gross operating margin -€47,314
down €47,314 (-60.3%), from €78,528 to €31,214
- Taxes -€7,953
down €7,953 (-51.0%), from €15,599 to €7,645
- Financial charges -€1,496
down €1,496 (-44.0%), from €3,398 to €1,902
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 | €77,377 | €86,312 | +€8,935 | +11.5% |
| Fixed assets | 21/28 | €1,983 | €3,162 | +€1,179 | +59.4% |
| Tangible fixed assets | 22/27 | €1,983 | €3,162 | +€1,179 | +59.4% |
| Plant, machinery and equipment | 23 | €1,983 | €3,162 | +€1,179 | +59.4% |
| Current assets | 29/58 | €75,394 | €83,150 | +€7,756 | +10.3% |
| Amounts receivable within one year | 40/41 | €14,177 | €25,315 | +€11,138 | +78.6% |
| Trade receivables | 40 | €13,002 | €13,045 | +€43 | +0.3% |
| Other amounts receivable | 41 | €1,175 | €12,270 | +€11,095 | +944% |
| Current investments | 50/53 | €4,600 | €7,285 | +€2,685 | +58.4% |
| Cash at bank and in hand | 54/58 | €54,231 | €45,033 | -€9,199 | -17.0% |
| Deferred charges and accrued income | 490/1 | €2,386 | €5,518 | +€3,132 | +131% |
| Total equity and liabilities | 10/49 | €77,377 | €86,312 | +€8,935 | +11.5% |
| Equity | 10/15 | €63,113 | €83,427 | +€20,314 | +32.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €58,113 | €78,427 | +€20,314 | +35.0% |
| Distributable reserves | 133 | €58,113 | €78,427 | +€20,314 | +35.0% |
| Amounts payable | 17/49 | €14,263 | €2,884 | -€11,379 | -79.8% |
| Amounts payable within one year | 42/48 | €13,453 | €2,884 | -€10,568 | -78.6% |
| Trade debts | 44 | €6,604 | €1,104 | -€5,499 | -83.3% |
| Suppliers | 440/4 | €6,604 | €1,104 | -€5,499 | -83.3% |
| Taxes, remuneration and social security | 45 | - | €1,780 | +€1,780 | |
| Taxes | 450/3 | - | €1,780 | +€1,780 | |
| Other amounts payable | 47/48 | €6,849 | €0 | -€6,849 | -100% |
| Accrued charges and deferred income | 492/3 | €811 | €0 | -€811 | -100% |
| Non-recurring operating income | 76A | €250 | €0 | -€250 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €405 | €540 | +€135 | +33.3% |
| Other operating charges | 640/8 | €1,014 | €880 | -€134 | -13.2% |
| Gross operating margin | 9900 | €78,528 | €31,214 | -€47,314 | -60.3% |
| Operating profit (loss) | 9901 | €77,110 | €29,794 | -€47,316 | -61.4% |
| Financial income | 75/76B | - | €67 | +€67 | |
| Recurring financial income | 75 | - | €67 | +€67 | |
| Financial charges | 65/66B | €3,398 | €1,902 | -€1,496 | -44.0% |
| Recurring financial charges | 65 | €3,398 | €1,902 | -€1,496 | -44.0% |
| Profit (loss) for the period before taxes | 9903 | €73,712 | €27,959 | -€45,753 | -62.1% |
| Income taxes | 67/77 | €15,599 | €7,645 | -€7,953 | -51.0% |
| Profit (loss) for the period | 9904 | €58,113 | €20,314 | -€37,800 | -65.0% |
| Profit (loss) for the period to be appropriated | 9905 | €58,113 | €20,314 | -€37,800 | -65.0% |
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 26 October 2026 via checked.be.