VHD Klussen: 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.
VHD Klussen
Largest movements
- Tangible fixed assets -€11,289
down €11,289 (-78.8%), from €14,332 to €3,044
of which Furniture and vehicles: -€14,332
- Cash +€2,357
up €2,357, from €0 to €2,357
mainly Depreciation (+€14,660)
- Current portion of long-term debt -€3,729
down €3,729 (-100%), from €3,729 to €0
- Trade debts -€1,796
down €1,796 (-85.3%), from €2,104 to €308
- Profit (loss) carried forward -€1,668
down €1,668 (-100%), from €1,668 to €0
- Other debts -€1,639
down €1,639 (-22.9%), from €7,171 to €5,531
- Depreciation +€7,513
up €7,513 (+105%), from €7,147 to €14,660
- Gross operating margin +€5,020
up €5,020 (+48.6%), from €10,325 to €15,345
- Taxes +€440
new in 2025: €440
- Other operating charges +€231
up €231 (+58.2%), from €397 to €628
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 | €16,834 | €7,975 | -€8,859 | -52.6% |
| Fixed assets | 21/28 | €14,332 | €3,044 | -€11,289 | -78.8% |
| Tangible fixed assets | 22/27 | €14,332 | €3,044 | -€11,289 | -78.8% |
| Land and buildings | 22 | - | €1,318 | +€1,318 | |
| Plant, machinery and equipment | 23 | - | €1,726 | +€1,726 | |
| Furniture and vehicles | 24 | €14,332 | €0 | -€14,332 | -100% |
| Current assets | 29/58 | €2,502 | €4,931 | +€2,430 | +97.1% |
| Amounts receivable within one year | 40/41 | €2,502 | €2,574 | +€73 | +2.9% |
| Trade receivables | 40 | €1,064 | €1,004 | -€60 | -5.7% |
| Other amounts receivable | 41 | €1,438 | €1,570 | +€133 | +9.2% |
| Cash at bank and in hand | 54/58 | €0 | €2,357 | +€2,357 | |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €16,834 | €7,975 | -€8,859 | -52.6% |
| Equity | 10/15 | €3,668 | €2,135 | -€1,533 | -41.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €135 | +€135 | |
| Distributable reserves | 133 | - | €135 | +€135 | |
| Profit (loss) carried forward | 14 | €1,668 | €0 | -€1,668 | -100% |
| Amounts payable | 17/49 | €13,166 | €5,840 | -€7,326 | -55.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €13,166 | €5,840 | -€7,326 | -55.6% |
| Current portion of amounts payable after more than one year | 42 | €3,729 | €0 | -€3,729 | -100% |
| Financial debts | 43 | €162 | €0 | -€162 | -100% |
| Credit institutions | 430/8 | €162 | €0 | -€162 | -100% |
| Trade debts | 44 | €2,104 | €308 | -€1,796 | -85.3% |
| Suppliers | 440/4 | €2,104 | €308 | -€1,796 | -85.3% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €7,171 | €5,531 | -€1,639 | -22.9% |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,147 | €14,660 | +€7,513 | +105% |
| Other operating charges | 640/8 | €397 | €628 | +€231 | +58.2% |
| Gross operating margin | 9900 | €10,325 | €15,345 | +€5,020 | +48.6% |
| Operating profit (loss) | 9901 | €2,781 | €57 | -€2,724 | -97.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,113 | €1,150 | +€36 | +3.2% |
| Recurring financial charges | 65 | €1,113 | €1,150 | +€36 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | €1,668 | -€1,092 | -€2,760 | |
| Income taxes | 67/77 | - | €440 | +€440 | |
| Profit (loss) for the period | 9904 | €1,668 | -€1,533 | -€3,201 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,668 | -€1,533 | -€3,201 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.