VYDEBO: 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.
VYDEBO
Largest movements
- Receivables within one year -€299,870
down €299,870 (-56.7%), from €528,551 to €228,681
of which Other amounts receivable: -€241,996
- Cash -€160,108
down €160,108 (-21.3%), from €750,561 to €590,453
mainly Other debts (-€209,913) and Trade debts (-€144,385)
- Tangible fixed assets -€147,727
down €147,727 (-19.2%), from €767,715 to €619,989
of which Plant, machinery and equipment: -€134,615
- Other debts -€209,913
down €209,913 (-86.6%), from €242,508 to €32,595
- Trade debts -€144,385
down €144,385 (-70.8%), from €204,009 to €59,624
- Debts after one year -€131,583
down €131,583 (-92.0%), from €143,056 to €11,473
- Tax, wage and social debts -€114,114
down €114,114 (-58.1%), from €196,546 to €82,432
of which Taxes: -€95,345
- Short-term financial debts -€66,315
no longer reported in 2024 (was €66,315)
- Staff costs -€192,138
down €192,138 (-31.0%), from €619,137 to €426,999
- Depreciation +€147,727
new in 2024: €147,727
- Gross operating margin -€61,272
down €61,272 (-8.3%), from €742,671 to €681,399
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,818,517 | €2,208,807 | -€609,711 | -21.6% |
| Fixed assets | 21/28 | €771,771 | €624,044 | -€147,727 | -19.1% |
| Tangible fixed assets | 22/27 | €767,715 | €619,989 | -€147,727 | -19.2% |
| Plant, machinery and equipment | 23 | €721,707 | €587,093 | -€134,615 | -18.7% |
| Furniture and vehicles | 24 | €46,008 | €32,896 | -€13,112 | -28.5% |
| Financial fixed assets | 28 | €4,055 | €4,055 | = | 0.0% |
| Current assets | 29/58 | €2,046,747 | €1,584,763 | -€461,984 | -22.6% |
| Amounts receivable after more than one year | 29 | €694,311 | €694,311 | = | 0.0% |
| Trade receivables | 290 | €89,929 | €89,929 | = | 0.0% |
| Other amounts receivable | 291 | €604,382 | €604,382 | = | 0.0% |
| Stocks and contracts in progress | 3 | €24,520 | €22,514 | -€2,006 | -8.2% |
| Stocks | 30/36 | €24,520 | €22,514 | -€2,006 | -8.2% |
| Amounts receivable within one year | 40/41 | €528,551 | €228,681 | -€299,870 | -56.7% |
| Trade receivables | 40 | €258,145 | €200,270 | -€57,874 | -22.4% |
| Other amounts receivable | 41 | €270,406 | €28,410 | -€241,996 | -89.5% |
| Cash at bank and in hand | 54/58 | €750,561 | €590,453 | -€160,108 | -21.3% |
| Deferred charges and accrued income | 490/1 | €48,804 | €48,804 | = | 0.0% |
| Total equity and liabilities | 10/49 | €2,818,517 | €2,208,807 | -€609,711 | -21.6% |
| Equity | 10/15 | €1,837,015 | €1,883,384 | +€46,369 | +2.5% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €1,775,515 | €1,821,884 | +€46,369 | +2.6% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €49,569 | €49,569 | = | 0.0% |
| Distributable reserves | 133 | €1,719,797 | €1,766,165 | +€46,369 | +2.7% |
| Amounts payable | 17/49 | €981,502 | €325,423 | -€656,080 | -66.8% |
| Amounts payable after more than one year | 17 | €143,056 | €11,473 | -€131,583 | -92.0% |
| Financial debts | 170/4 | €143,056 | €11,473 | -€131,583 | -92.0% |
| Amounts payable within one year | 42/48 | €838,446 | €313,950 | -€524,497 | -62.6% |
| Current portion of amounts payable after more than one year | 42 | €128,571 | €139,297 | +€10,726 | +8.3% |
| Financial debts | 43 | €66,315 | - | -€66,315 | |
| Credit institutions | 430/8 | €66,315 | - | -€66,315 | |
| Trade debts | 44 | €204,009 | €59,624 | -€144,385 | -70.8% |
| Suppliers | 440/4 | €204,009 | €59,624 | -€144,385 | -70.8% |
| Advances received on contracts in progress | 46 | €496 | - | -€496 | |
| Taxes, remuneration and social security | 45 | €196,546 | €82,432 | -€114,114 | -58.1% |
| Taxes | 450/3 | €125,954 | €30,609 | -€95,345 | -75.7% |
| Remuneration and social security | 454/9 | €70,592 | €51,823 | -€18,769 | -26.6% |
| Other amounts payable | 47/48 | €242,508 | €32,595 | -€209,913 | -86.6% |
| Remuneration, social security and pensions | 62 | €619,137 | €426,999 | -€192,138 | -31.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €147,727 | +€147,727 | |
| Other operating charges | 640/8 | €18,110 | €13,870 | -€4,240 | -23.4% |
| Gross operating margin | 9900 | €742,671 | €681,399 | -€61,272 | -8.3% |
| Operating profit (loss) | 9901 | €105,424 | €92,804 | -€12,620 | -12.0% |
| Financial income | 75/76B | €577 | €703 | +€126 | +21.8% |
| Recurring financial income | 75 | €577 | €703 | +€126 | +21.8% |
| Financial charges | 65/66B | €32,166 | €25,246 | -€6,920 | -21.5% |
| Recurring financial charges | 65 | €32,166 | €25,246 | -€6,920 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €73,835 | €68,260 | -€5,574 | -7.5% |
| Income taxes | 67/77 | €15,819 | €21,891 | +€6,073 | +38.4% |
| Profit (loss) for the period | 9904 | €58,016 | €46,369 | -€11,647 | -20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €58,016 | €46,369 | -€11,647 | -20.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.