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VDWAERDEN BIS: what changed

What changed

VDWAERDEN BIS

BE 0646.848.161
filed annual accounts (NBB)
Financial years compared with
Net result for the year
€2,651
2024 · -€931+€3,582
Equity
€569,915
2024 · €567,264+€2,651
Cash
€4,595
2024 · €499+€4,096
Balance sheet total
€573,605
2024 · €569,509+€4,096

Largest movements

2024 to 2025
Assets

No asset line moved by more than 1% of the balance sheet total.

    Equity and liabilities

    No liability line moved by more than 1% of the balance sheet total.

      Income statement
      • Gross operating margin +€3,855

        up €3,855 (+42.8%), from €9,000 to €12,855

      • Other operating charges +€258

        up €258 (+2.6%), from €9,796 to €10,054

      Change in the result, 2024 to 2025

      effect on the result

      For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.

      Result 2024 -€931
      Gross operating margin +€3,855
      Other operating charges -€258
      Financial charges -€15
      Result 2025 €2,651
      raises the resultlowers the result

      Derived cash bridge

      cash 2024 to 2025

      The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.

      From operations +€4,096
      Investment €0
      Financing €0
      Cash 2024 €499
      Net result for the year +€2,651
      Accrued charges and deferred income +€1,446
      Cash 2025 €4,595
      brings cash in
      Every line side by side 28 lines
      Line Code 2024 2025 Change %
      Total assets 20/58 €569,509 €573,605 +€4,096 +0.7%
      Fixed assets 21/28 €556,973 €556,973 = 0.0%
      Tangible fixed assets 22/27 €556,973 €556,973 = 0.0%
      Land and buildings 22 €500,500 €500,500 = 0.0%
      Plant, machinery and equipment 23 €56,473 €56,473 = 0.0%
      Current assets 29/58 €12,536 €16,632 +€4,096 +32.7%
      Amounts receivable within one year 40/41 €12,038 €12,038 = 0.0%
      Other amounts receivable 41 €12,038 €12,038 = 0.0%
      Cash at bank and in hand 54/58 €499 €4,595 +€4,096 +822%
      Total equity and liabilities 10/49 €569,509 €573,605 +€4,096 +0.7%
      Equity 10/15 €567,264 €569,915 +€2,651 +0.5%
      Contributions 10/11 €571,000 €571,000 = 0.0%
      Contributions outside capital 11 €571,000 €571,000 = 0.0%
      Other 1109/19 €571,000 €571,000 = 0.0%
      Reserves 13 €21,000 €21,000 = 0.0%
      Non-distributable reserves 130/1 €21,000 €21,000 = 0.0%
      Reserves not available under the articles 1311 €21,000 €21,000 = 0.0%
      Profit (loss) carried forward 14 -€24,736 -€22,085 +€2,651 +10.7%
      Amounts payable 17/49 €2,245 €3,691 +€1,446 +64.4%
      Accrued charges and deferred income 492/3 €2,245 €3,691 +€1,446 +64.4%
      Other operating charges 640/8 €9,796 €10,054 +€258 +2.6%
      Gross operating margin 9900 €9,000 €12,855 +€3,855 +42.8%
      Operating profit (loss) 9901 -€796 €2,801 +€3,597
      Financial charges 65/66B €135 €150 +€15 +11.1%
      Recurring financial charges 65 €135 €150 +€15 +11.1%
      Profit (loss) for the period before taxes 9903 -€931 €2,651 +€3,582
      Profit (loss) for the period 9904 -€931 €2,651 +€3,582
      Profit (loss) for the period to be appropriated 9905 -€931 €2,651 +€3,582
      Calculation and sources

      Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.