If VVD is smart, they don't give in. They don't. They never do, even if it leads to a deadlock that lasts years. We in Belgium are champions at doing that. Just don't. Country isn't going to die if there's no government, we've also proven that.
Why wouldn't there be new elections?
My guess is that, the fragmentation of the Dutch party system has reached the point that, a new election is unlikely to significantly improve the chances of forming a new government.
Indeed, CDA is imploding right now, which is the only partner on the right VVD have left. They are not working with FvD and PVV, and we have to see how JA21 and BBB will turn out in the future.