Verzekeringen V.D.C.: what changed
Verzekeringen V.D.C.
Largest movements
- Cash -€15,313
down €15,313 (-12.2%), from €125,970 to €110,658
mainly Contributions, distributions and other (-€31,864) and Investment in fixed assets (net) (-€16,980)
- Tangible fixed assets +€6,385
up €6,385 (+28.0%), from €22,764 to €29,149
of which Plant, machinery and equipment: +€11,068
- Receivables within one year +€2,232
up €2,232 (+8.0%), from €27,752 to €29,984
of which Other amounts receivable: +€3,505
- Reserves -€25,156
down €25,156 (-20.0%), from €125,598 to €100,442
- Debts after one year +€7,045
up €7,045 (+328%), from €2,150 to €9,195
- Trade debts +€6,021
up €6,021 (+166%), from €3,624 to €9,645
- Tax, wage and social debts +€5,535
up €5,535 (+29.8%), from €18,558 to €24,093
of which Remuneration and social security: +€5,605
- Staff costs +€30,592
up €30,592 (+42.1%), from €72,612 to €103,204
- Taxes -€7,581
down €7,581 (-47.0%), from €16,138 to €8,556
- Gross operating margin +€3,511
up €3,511 (+2.7%), from €129,384 to €132,894
- Depreciation +€2,620
up €2,620 (+32.9%), from €7,975 to €10,595
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €179,419 | €173,288 | -€6,131 | -3.4% |
| Fixed assets | 21/28 | €22,954 | €29,339 | +€6,385 | +27.8% |
| Tangible fixed assets | 22/27 | €22,764 | €29,149 | +€6,385 | +28.0% |
| Land and buildings | 22 | €1,210 | €605 | -€605 | -50.0% |
| Plant, machinery and equipment | 23 | €10,407 | €21,475 | +€11,068 | +106% |
| Furniture and vehicles | 24 | €3,793 | €1,658 | -€2,135 | -56.3% |
| Leasing and similar rights | 25 | €2,349 | €1,160 | -€1,189 | -50.6% |
| Other tangible fixed assets | 26 | €5,005 | €4,251 | -€754 | -15.1% |
| Financial fixed assets | 28 | €190 | €190 | = | 0.0% |
| Current assets | 29/58 | €156,465 | €143,949 | -€12,516 | -8.0% |
| Amounts receivable within one year | 40/41 | €27,752 | €29,984 | +€2,232 | +8.0% |
| Trade receivables | 40 | €27,752 | €26,478 | -€1,274 | -4.6% |
| Other amounts receivable | 41 | - | €3,505 | +€3,505 | |
| Cash at bank and in hand | 54/58 | €125,970 | €110,658 | -€15,313 | -12.2% |
| Deferred charges and accrued income | 490/1 | €2,742 | €3,308 | +€565 | +20.6% |
| Total equity and liabilities | 10/49 | €179,419 | €173,288 | -€6,131 | -3.4% |
| Equity | 10/15 | €144,190 | €119,034 | -€25,156 | -17.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €125,598 | €100,442 | -€25,156 | -20.0% |
| Distributable reserves | 133 | €125,598 | €100,442 | -€25,156 | -20.0% |
| Amounts payable | 17/49 | €35,229 | €54,254 | +€19,025 | +54.0% |
| Amounts payable after more than one year | 17 | €2,150 | €9,195 | +€7,045 | +328% |
| Financial debts | 170/4 | €2,150 | €9,195 | +€7,045 | +328% |
| Amounts payable within one year | 42/48 | €32,953 | €45,059 | +€12,106 | +36.7% |
| Current portion of amounts payable after more than one year | 42 | €5,890 | €5,745 | -€145 | -2.5% |
| Trade debts | 44 | €3,624 | €9,645 | +€6,021 | +166% |
| Suppliers | 440/4 | €3,624 | €9,645 | +€6,021 | +166% |
| Taxes, remuneration and social security | 45 | €18,558 | €24,093 | +€5,535 | +29.8% |
| Taxes | 450/3 | €9,418 | €9,348 | -€70 | -0.7% |
| Remuneration and social security | 454/9 | €9,140 | €14,745 | +€5,605 | +61.3% |
| Other amounts payable | 47/48 | €4,882 | €5,577 | +€695 | +14.2% |
| Accrued charges and deferred income | 492/3 | €126 | - | -€126 | |
| Remuneration, social security and pensions | 62 | €72,612 | €103,204 | +€30,592 | +42.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,975 | €10,595 | +€2,620 | +32.9% |
| Other operating charges | 640/8 | €3,102 | €3,272 | +€170 | +5.5% |
| Gross operating margin | 9900 | €129,384 | €132,894 | +€3,511 | +2.7% |
| Operating profit (loss) | 9901 | €45,695 | €15,824 | -€29,871 | -65.4% |
| Financial income | 75/76B | €1,062 | €206 | -€856 | -80.6% |
| Recurring financial income | 75 | €1,062 | €206 | -€856 | -80.6% |
| Financial charges | 65/66B | €656 | €766 | +€109 | +16.7% |
| Recurring financial charges | 65 | €656 | €766 | +€109 | +16.7% |
| Profit (loss) for the period before taxes | 9903 | €46,101 | €15,264 | -€30,837 | -66.9% |
| Income taxes | 67/77 | €16,138 | €8,556 | -€7,581 | -47.0% |
| Profit (loss) for the period | 9904 | €29,964 | €6,708 | -€23,256 | -77.6% |
| Profit (loss) for the period to be appropriated | 9905 | €29,964 | €6,708 | -€23,256 | -77.6% |
Next steps
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 5 November 2026 via checked.be.