VYDA: 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.
VYDA
Largest movements
- Receivables within one year +€41,986
up €41,986 (+71.2%), from €58,986 to €100,972
of which Trade receivables: +€34,759
- Deferred charges and accrued income -€19,083
no longer reported in 2025 (was €19,083)
- Cash +€4,846
up €4,846 (+3042.9%), from €159 to €5,005
mainly Other debts (+€27,085) and Deferred charges and accrued income (+€19,083)
- Other debts +€27,085
up €27,085 (+146.8%), from €18,450 to €45,535
- Tax, wage and social debts +€17,969
up €17,969 (+96.7%), from €18,577 to €36,546
of which Remuneration and social security: +€13,578
- Current portion of long-term debt -€10,274
down €10,274 (-38.2%), from €26,889 to €16,615
- Profit (loss) carried forward -€9,155
down €9,155 (-19.9%), from -€45,964 to -€55,119
- Trade debts +€2,915
up €2,915 (+52.5%), from €5,548 to €8,463
- Gross operating margin -€12,142
down €12,142 (-25.4%), from €47,860 to €35,717
- Staff costs +€7,999
up €7,999 (+25.0%), from €32,012 to €40,011
- Depreciation -€5,582
down €5,582 (-97.3%), from €5,738 to €156
- Financial charges -€1,116
down €1,116 (-29.0%), from €3,846 to €2,730
- Other operating charges -€519
down €519 (-24.6%), from €2,113 to €1,594
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 | €78,385 | €105,977 | +€27,592 | +35.2% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €156 | €0 | -€156 | -100.0% |
| Tangible fixed assets | 22/27 | €156 | €0 | -€156 | -100.0% |
| Furniture and vehicles | 24 | €156 | €0 | -€156 | -100.0% |
| Current assets | 29/58 | €78,229 | €105,977 | +€27,748 | +35.5% |
| Amounts receivable within one year | 40/41 | €58,986 | €100,972 | +€41,986 | +71.2% |
| Trade receivables | 40 | €9,710 | €44,469 | +€34,759 | +358.0% |
| Other amounts receivable | 41 | €49,276 | €56,503 | +€7,227 | +14.7% |
| Cash at bank and in hand | 54/58 | €159 | €5,005 | +€4,846 | +3042.9% |
| Deferred charges and accrued income | 490/1 | €19,083 | - | -€19,083 | |
| Total equity and liabilities | 10/49 | €78,385 | €105,977 | +€27,592 | +35.2% |
| Equity | 10/15 | -€43,464 | -€52,619 | -€9,155 | -21.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,964 | -€55,119 | -€9,155 | -19.9% |
| Amounts payable | 17/49 | €121,849 | €158,596 | +€36,747 | +30.2% |
| Amounts payable after more than one year | 17 | €34,664 | €33,784 | -€880 | -2.5% |
| Financial debts | 170/4 | €34,664 | €33,784 | -€880 | -2.5% |
| Amounts payable within one year | 42/48 | €78,709 | €116,336 | +€37,627 | +47.8% |
| Current portion of amounts payable after more than one year | 42 | €26,889 | €16,615 | -€10,274 | -38.2% |
| Financial debts | 43 | €68 | - | -€68 | |
| Credit institutions | 430/8 | €68 | - | -€68 | |
| Trade debts | 44 | €5,548 | €8,463 | +€2,915 | +52.5% |
| Suppliers | 440/4 | €5,548 | €8,463 | +€2,915 | +52.5% |
| Advances received on contracts in progress | 46 | €9,177 | €9,177 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €18,577 | €36,546 | +€17,969 | +96.7% |
| Taxes | 450/3 | €11,606 | €15,997 | +€4,391 | +37.8% |
| Remuneration and social security | 454/9 | €6,971 | €20,549 | +€13,578 | +194.8% |
| Other amounts payable | 47/48 | €18,450 | €45,535 | +€27,085 | +146.8% |
| Accrued charges and deferred income | 492/3 | €8,476 | €8,476 | = | 0.0% |
| Non-recurring operating income | 76A | - | €50 | +€50 | |
| Remuneration, social security and pensions | 62 | €32,012 | €40,011 | +€7,999 | +25.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,738 | €156 | -€5,582 | -97.3% |
| Other operating charges | 640/8 | €2,113 | €1,594 | -€519 | -24.6% |
| Non-recurring operating charges | 66A | €287 | €227 | -€60 | -20.9% |
| Gross operating margin | 9900 | €47,860 | €35,717 | -€12,142 | -25.4% |
| Operating profit (loss) | 9901 | €7,709 | -€6,271 | -€13,980 | |
| Financial income | 75/76B | €39 | €13 | -€26 | -66.8% |
| Recurring financial income | 75 | €39 | €13 | -€26 | -66.8% |
| Financial charges | 65/66B | €3,846 | €2,730 | -€1,116 | -29.0% |
| Recurring financial charges | 65 | €3,846 | €2,730 | -€1,116 | -29.0% |
| Profit (loss) for the period before taxes | 9903 | €3,902 | -€8,988 | -€12,890 | |
| Income taxes | 67/77 | €174 | €167 | -€7 | -4.1% |
| Profit (loss) for the period | 9904 | €3,728 | -€9,155 | -€12,883 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,728 | -€9,155 | -€12,883 |
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 3 October 2026 via checked.be.