VND CARE: 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.
VND CARE
Largest movements
- Cash +€60,024
up €60,024 (+102.8%), from €58,371 to €118,395
mainly Other debts (+€133,050) and Net result for the year (+€56,374)
- Tangible fixed assets +€34,231
up €34,231 (+123.6%), from €27,694 to €61,925
of which Furniture and vehicles: +€48,180
- Receivables within one year +€7,070
up €7,070 (+254.2%), from €2,781 to €9,851
of which Other amounts receivable: +€6,671
- Deferred charges and accrued income +€4,842
up €4,842 (+332.6%), from €1,456 to €6,298
- Other debts +€133,050
up €133,050 (+3368.5%), from €3,950 to €137,000
- Profit (loss) carried forward -€80,626
down €80,626 (-98.9%), from €81,509 to €883
- Debts after one year +€40,798
new in 2025: €40,798
- Current portion of long-term debt +€10,370
new in 2025: €10,370
- Trade debts +€2,574
up €2,574 (+305.0%), from €844 to €3,418
- Depreciation +€7,534
up €7,534 (+58.9%), from €12,792 to €20,326
- Gross operating margin -€7,172
down €7,172 (-7.2%), from €99,648 to €92,476
- Taxes -€3,878
down €3,878 (-22.5%), from €17,219 to €13,341
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 | €90,303 | €196,470 | +€106,167 | +117.6% |
| Fixed assets | 21/28 | €27,694 | €61,925 | +€34,231 | +123.6% |
| Tangible fixed assets | 22/27 | €27,694 | €61,925 | +€34,231 | +123.6% |
| Plant, machinery and equipment | 23 | €27,694 | €13,746 | -€13,948 | -50.4% |
| Furniture and vehicles | 24 | - | €48,180 | +€48,180 | |
| Current assets | 29/58 | €62,608 | €134,544 | +€71,936 | +114.9% |
| Amounts receivable within one year | 40/41 | €2,781 | €9,851 | +€7,070 | +254.2% |
| Trade receivables | 40 | - | €399 | +€399 | |
| Other amounts receivable | 41 | €2,781 | €9,452 | +€6,671 | +239.8% |
| Cash at bank and in hand | 54/58 | €58,371 | €118,395 | +€60,024 | +102.8% |
| Deferred charges and accrued income | 490/1 | €1,456 | €6,298 | +€4,842 | +332.6% |
| Total equity and liabilities | 10/49 | €90,303 | €196,470 | +€106,167 | +117.6% |
| Equity | 10/15 | €85,509 | €4,883 | -€80,626 | -94.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,509 | €883 | -€80,626 | -98.9% |
| Amounts payable | 17/49 | €4,794 | €191,587 | +€186,793 | +3896.5% |
| Amounts payable after more than one year | 17 | - | €40,798 | +€40,798 | |
| Financial debts | 170/4 | - | €40,798 | +€40,798 | |
| Amounts payable within one year | 42/48 | €4,794 | €150,789 | +€145,995 | +3045.4% |
| Current portion of amounts payable after more than one year | 42 | - | €10,370 | +€10,370 | |
| Trade debts | 44 | €844 | €3,418 | +€2,574 | +305.0% |
| Suppliers | 440/4 | €844 | €3,418 | +€2,574 | +305.0% |
| Other amounts payable | 47/48 | €3,950 | €137,000 | +€133,050 | +3368.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,792 | €20,326 | +€7,534 | +58.9% |
| Other operating charges | 640/8 | €796 | €932 | +€136 | +17.1% |
| Gross operating margin | 9900 | €99,648 | €92,476 | -€7,172 | -7.2% |
| Operating profit (loss) | 9901 | €86,060 | €71,219 | -€14,842 | -17.2% |
| Financial income | 75/76B | €0 | €52 | +€52 | +524600.0% |
| Recurring financial income | 75 | €0 | €52 | +€52 | +524600.0% |
| Financial charges | 65/66B | €996 | €1,556 | +€560 | +56.2% |
| Recurring financial charges | 65 | €996 | €1,556 | +€560 | +56.2% |
| Profit (loss) for the period before taxes | 9903 | €85,064 | €69,715 | -€15,349 | -18.0% |
| Income taxes | 67/77 | €17,219 | €13,341 | -€3,878 | -22.5% |
| Profit (loss) for the period | 9904 | €67,845 | €56,374 | -€11,471 | -16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €67,845 | €56,374 | -€11,471 | -16.9% |
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 9 October 2026 via checked.be.