VDC LANGUAGES: 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.
VDC LANGUAGES
Largest movements
- Receivables within one year +€31,507
up €31,507 (+303.9%), from €10,368 to €41,875
of which Trade receivables: +€20,124
- Cash -€31,405
down €31,405 (-22.5%), from €139,888 to €108,483
mainly Contributions, distributions and other (-€196,089) and Receivables within one year (-€31,507)
- Tangible fixed assets -€18,668
down €18,668 (-13.0%), from €143,770 to €125,102
of which Other tangible fixed assets: -€15,582
- Current investments +€6,000
new in 2025: €6,000
- Other debts +€111,585
up €111,585 (+2905.1%), from €3,841 to €115,426
- Reserves -€107,812
down €107,812 (-58.0%), from €185,852 to €78,040
- Tax, wage and social debts -€20,717
down €20,717 (-34.7%), from €59,676 to €38,959
of which Taxes: -€20,735
- Trade debts +€5,276
up €5,276 (+11.8%), from €44,640 to €49,916
- Gross operating margin -€25,050
down €25,050 (-15.8%), from €158,850 to €133,800
- Taxes -€5,284
down €5,284 (-18.3%), from €28,901 to €23,617
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 | €296,009 | €284,342 | -€11,668 | -3.9% |
| Fixed assets | 21/28 | €143,770 | €125,102 | -€18,668 | -13.0% |
| Tangible fixed assets | 22/27 | €143,770 | €125,102 | -€18,668 | -13.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €9,930 | €6,844 | -€3,086 | -31.1% |
| Other tangible fixed assets | 26 | €133,840 | €118,258 | -€15,582 | -11.6% |
| Current assets | 29/58 | €152,239 | €159,240 | +€7,001 | +4.6% |
| Amounts receivable within one year | 40/41 | €10,368 | €41,875 | +€31,507 | +303.9% |
| Trade receivables | 40 | €10,368 | €30,492 | +€20,124 | +194.1% |
| Other amounts receivable | 41 | - | €11,383 | +€11,383 | |
| Current investments | 50/53 | - | €6,000 | +€6,000 | |
| Cash at bank and in hand | 54/58 | €139,888 | €108,483 | -€31,405 | -22.5% |
| Deferred charges and accrued income | 490/1 | €1,983 | €2,882 | +€899 | +45.3% |
| Total equity and liabilities | 10/49 | €296,009 | €284,342 | -€11,668 | -3.9% |
| Equity | 10/15 | €187,852 | €80,040 | -€107,812 | -57.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €185,852 | €78,040 | -€107,812 | -58.0% |
| Distributable reserves | 133 | €185,852 | €78,040 | -€107,812 | -58.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €108,157 | €204,301 | +€96,144 | +88.9% |
| Amounts payable within one year | 42/48 | €108,157 | €204,301 | +€96,144 | +88.9% |
| Trade debts | 44 | €44,640 | €49,916 | +€5,276 | +11.8% |
| Suppliers | 440/4 | €44,640 | €49,916 | +€5,276 | +11.8% |
| Taxes, remuneration and social security | 45 | €59,676 | €38,959 | -€20,717 | -34.7% |
| Taxes | 450/3 | €56,696 | €35,961 | -€20,735 | -36.6% |
| Remuneration and social security | 454/9 | €2,981 | €2,999 | +€18 | +0.6% |
| Other amounts payable | 47/48 | €3,841 | €115,426 | +€111,585 | +2905.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,455 | €18,890 | -€1,565 | -7.6% |
| Other operating charges | 640/8 | €1,251 | €1,028 | -€223 | -17.8% |
| Non-recurring operating charges | 66A | - | €1,688 | +€1,688 | |
| Gross operating margin | 9900 | €158,850 | €133,800 | -€25,050 | -15.8% |
| Operating profit (loss) | 9901 | €137,144 | €112,193 | -€24,951 | -18.2% |
| Financial income | 75/76B | €11 | €0 | -€11 | -99.6% |
| Recurring financial income | 75 | €11 | €0 | -€11 | -99.6% |
| Financial charges | 65/66B | €443 | €299 | -€144 | -32.6% |
| Recurring financial charges | 65 | €443 | €299 | -€144 | -32.6% |
| Profit (loss) for the period before taxes | 9903 | €136,713 | €111,895 | -€24,818 | -18.2% |
| Income taxes | 67/77 | €28,901 | €23,617 | -€5,284 | -18.3% |
| Profit (loss) for the period | 9904 | €107,812 | €88,278 | -€19,534 | -18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €107,812 | €88,278 | -€19,534 | -18.1% |
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 29 September 2026 via checked.be.