W.V.D.T.: 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.
W.V.D.T.
Largest movements
- Receivables within one year +€12,983
up €12,983 (+71.9%), from €18,052 to €31,035
of which Other amounts receivable: +€17,520
- Tangible fixed assets -€4,272
down €4,272 (-12.6%), from €33,848 to €29,576
- Other debts +€11,739
up €11,739 (+20.0%), from €58,612 to €70,351
- Tax, wage and social debts -€3,548
down €3,548 (-73.8%), from €4,808 to €1,261
- Trade debts +€778
up €778 (+33.8%), from €2,306 to €3,085
- Gross operating margin -€1,361
down €1,361 (-22.6%), from €6,037 to €4,676
- Other operating charges -€204
down €204 (-28.1%), from €723 to €520
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 | €51,901 | €60,671 | +€8,770 | +16.9% |
| Fixed assets | 21/28 | €33,848 | €29,576 | -€4,272 | -12.6% |
| Tangible fixed assets | 22/27 | €33,848 | €29,576 | -€4,272 | -12.6% |
| Land and buildings | 22 | €33,848 | €29,576 | -€4,272 | -12.6% |
| Current assets | 29/58 | €18,052 | €31,095 | +€13,043 | +72.2% |
| Amounts receivable within one year | 40/41 | €18,052 | €31,035 | +€12,983 | +71.9% |
| Trade receivables | 40 | €5,725 | €1,187 | -€4,538 | -79.3% |
| Other amounts receivable | 41 | €12,328 | €29,848 | +€17,520 | +142% |
| Cash at bank and in hand | 54/58 | €0 | €60 | +€60 | |
| Total equity and liabilities | 10/49 | €51,901 | €60,671 | +€8,770 | +16.9% |
| Equity | 10/15 | -€13,837 | -€14,025 | -€189 | -1.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €308 | €308 | = | 0.0% |
| Non-distributable reserves | 130/1 | €308 | €308 | = | 0.0% |
| Reserves not available under the articles | 1311 | €308 | €308 | = | 0.0% |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€20,344 | -€20,533 | -€189 | -0.9% |
| Amounts payable | 17/49 | €65,737 | €74,696 | +€8,959 | +13.6% |
| Amounts payable within one year | 42/48 | €65,737 | €74,696 | +€8,959 | +13.6% |
| Financial debts | 43 | €10 | €0 | -€10 | -100% |
| Credit institutions | 430/8 | €10 | €0 | -€10 | -100% |
| Trade debts | 44 | €2,306 | €3,085 | +€778 | +33.8% |
| Suppliers | 440/4 | €2,306 | €3,085 | +€778 | +33.8% |
| Taxes, remuneration and social security | 45 | €4,808 | €1,261 | -€3,548 | -73.8% |
| Taxes | 450/3 | €4,808 | €1,261 | -€3,548 | -73.8% |
| Other amounts payable | 47/48 | €58,612 | €70,351 | +€11,739 | +20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,272 | €4,272 | = | 0.0% |
| Other operating charges | 640/8 | €723 | €520 | -€204 | -28.1% |
| Gross operating margin | 9900 | €6,037 | €4,676 | -€1,361 | -22.6% |
| Operating profit (loss) | 9901 | €1,042 | -€116 | -€1,158 | |
| Financial charges | 65/66B | €92 | €72 | -€19 | -21.0% |
| Recurring financial charges | 65 | €92 | €72 | -€19 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €950 | -€189 | -€1,139 | |
| Profit (loss) for the period | 9904 | €950 | -€189 | -€1,139 | |
| Profit (loss) for the period to be appropriated | 9905 | €950 | -€189 | -€1,139 |
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 20 October 2026 via checked.be.