VIDAR: what changed
Two fiscal 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.
VIDAR
Largest movements
- Tangible fixed assets -€101,283
down €101,283 (-14.1%), from €719,249 to €617,966
of which Land and buildings: -€101,283
- Cash +€19,302
up €19,302 (+70.8%), from €27,267 to €46,569
mainly Depreciation (+€101,283) and Net result for the year (+€13,131)
- Receivables within one year -€10,918
down €10,918 (-52.2%), from €20,918 to €10,000
of which Trade receivables: -€7,318
- Other debts -€100,000
down €100,000 (-22.2%), from €450,000 to €350,000
- Trade debts -€16,523
down €16,523 (-100.0%), from €16,523 to €0
- Profit (loss) carried forward +€13,131
up €13,131 (+48.7%), from -€26,963 to -€13,833
- Accrued charges and deferred income +€10,493
up €10,493 (+19.8%), from €53,077 to €63,570
- Financial charges -€5,654
down €5,654 (-29.7%), from €19,068 to €13,414
- Gross operating margin +€1,990
up €1,990 (+1.4%), from €137,390 to €139,380
- Purchases and services -€1,647
down €1,647 (-12.5%), from €13,218 to €11,571
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.
Cash bridge derived
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 | €767,434 | €674,535 | -€92,899 | -12.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €719,249 | €617,966 | -€101,283 | -14.1% |
| Tangible fixed assets | 22/27 | €719,249 | €617,966 | -€101,283 | -14.1% |
| Land and buildings | 22 | €719,249 | €617,966 | -€101,283 | -14.1% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Current assets | 29/58 | €48,185 | €56,569 | +€8,384 | +17.4% |
| Amounts receivable within one year | 40/41 | €20,918 | €10,000 | -€10,918 | -52.2% |
| Trade receivables | 40 | €7,318 | €0 | -€7,318 | -100.0% |
| Other amounts receivable | 41 | €13,600 | €10,000 | -€3,600 | -26.5% |
| Cash at bank and in hand | 54/58 | €27,267 | €46,569 | +€19,302 | +70.8% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €767,434 | €674,535 | -€92,899 | -12.1% |
| Equity | 10/15 | €247,835 | €260,966 | +€13,131 | +5.3% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €252,798 | €252,798 | = | 0.0% |
| Distributable reserves | 133 | €252,798 | €252,798 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,963 | -€13,833 | +€13,131 | +48.7% |
| Amounts payable | 17/49 | €519,599 | €413,570 | -€106,030 | -20.4% |
| Amounts payable within one year | 42/48 | €466,523 | €350,000 | -€116,523 | -25.0% |
| Trade debts | 44 | €16,523 | €0 | -€16,523 | -100.0% |
| Suppliers | 440/4 | €16,523 | €0 | -€16,523 | -100.0% |
| Other amounts payable | 47/48 | €450,000 | €350,000 | -€100,000 | -22.2% |
| Accrued charges and deferred income | 492/3 | €53,077 | €63,570 | +€10,493 | +19.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €13,218 | €11,571 | -€1,647 | -12.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,283 | €101,283 | = | 0.0% |
| Other operating charges | 640/8 | €11,209 | €11,552 | +€344 | +3.1% |
| Gross operating margin | 9900 | €137,390 | €139,380 | +€1,990 | +1.4% |
| Operating profit (loss) | 9901 | €24,898 | €26,545 | +€1,647 | +6.6% |
| Financial charges | 65/66B | €19,068 | €13,414 | -€5,654 | -29.7% |
| Recurring financial charges | 65 | €19,068 | €13,414 | -€5,654 | -29.7% |
| Profit (loss) for the period before taxes | 9903 | €5,830 | €13,131 | +€7,300 | +125.2% |
| Income taxes | 67/77 | €0 | €0 | = | |
| Profit (loss) for the period | 9904 | €5,830 | €13,131 | +€7,300 | +125.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,830 | €13,131 | +€7,300 | +125.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.