AB Vet: 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.
AB Vet
Largest movements
- Cash +€31,411
up €31,411 (+119%), from €26,297 to €57,708
mainly Depreciation (+€26,805) and Net result for the year (+€16,036)
- Intangible fixed assets -€10,000
down €10,000 (-12.5%), from €80,000 to €70,000
- Tangible fixed assets -€4,305
down €4,305 (-8.3%), from €51,812 to €47,507
of which Plant, machinery and equipment: -€4,240
- Receivables within one year -€3,771
no longer reported in 2025 (was €3,771)
of which Trade receivables: -€2,041
- Reserves +€16,036
up €16,036 (+25.7%), from €62,459 to €78,495
- Tax, wage and social debts +€5,506
up €5,506 (+52.5%), from €10,484 to €15,991
- Other debts -€5,162
down €5,162 (-13.7%), from €37,725 to €32,562
- Current portion of long-term debt +€4,518
up €4,518 (+51.4%), from €8,793 to €13,311
- Debts after one year -€4,492
down €4,492 (-16.7%), from €26,946 to €22,454
- Gross operating margin +€11,513
up €11,513 (+26.0%), from €44,271 to €55,784
- Taxes +€2,610
up €2,610 (+54.7%), from €4,771 to €7,381
- Depreciation +€2,500
up €2,500 (+10.3%), from €24,305 to €26,805
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 | €162,969 | €177,036 | +€14,067 | +8.6% |
| Fixed assets | 21/28 | €131,812 | €117,507 | -€14,305 | -10.9% |
| Intangible fixed assets | 21 | €80,000 | €70,000 | -€10,000 | -12.5% |
| Tangible fixed assets | 22/27 | €51,812 | €47,507 | -€4,305 | -8.3% |
| Plant, machinery and equipment | 23 | €13,591 | €9,351 | -€4,240 | -31.2% |
| Furniture and vehicles | 24 | €38,221 | €38,155 | -€65 | -0.2% |
| Current assets | 29/58 | €31,157 | €59,530 | +€28,372 | +91.1% |
| Amounts receivable within one year | 40/41 | €3,771 | - | -€3,771 | |
| Trade receivables | 40 | €2,041 | - | -€2,041 | |
| Other amounts receivable | 41 | €1,730 | - | -€1,730 | |
| Cash at bank and in hand | 54/58 | €26,297 | €57,708 | +€31,411 | +119% |
| Deferred charges and accrued income | 490/1 | €1,089 | €1,822 | +€733 | +67.3% |
| Total equity and liabilities | 10/49 | €162,969 | €177,036 | +€14,067 | +8.6% |
| Equity | 10/15 | €72,459 | €88,495 | +€16,036 | +22.1% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €62,459 | €78,495 | +€16,036 | +25.7% |
| Distributable reserves | 133 | €62,459 | €78,495 | +€16,036 | +25.7% |
| Amounts payable | 17/49 | €90,510 | €88,541 | -€1,969 | -2.2% |
| Amounts payable after more than one year | 17 | €26,946 | €22,454 | -€4,492 | -16.7% |
| Financial debts | 170/4 | €26,946 | €22,454 | -€4,492 | -16.7% |
| Amounts payable within one year | 42/48 | €63,564 | €66,088 | +€2,523 | +4.0% |
| Current portion of amounts payable after more than one year | 42 | €8,793 | €13,311 | +€4,518 | +51.4% |
| Trade debts | 44 | €6,562 | €4,223 | -€2,339 | -35.6% |
| Suppliers | 440/4 | €6,562 | €4,223 | -€2,339 | -35.6% |
| Taxes, remuneration and social security | 45 | €10,484 | €15,991 | +€5,506 | +52.5% |
| Taxes | 450/3 | €10,484 | €15,991 | +€5,506 | +52.5% |
| Other amounts payable | 47/48 | €37,725 | €32,562 | -€5,162 | -13.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,305 | €26,805 | +€2,500 | +10.3% |
| Other operating charges | 640/8 | €1,148 | €654 | -€494 | -43.0% |
| Gross operating margin | 9900 | €44,271 | €55,784 | +€11,513 | +26.0% |
| Operating profit (loss) | 9901 | €18,818 | €28,325 | +€9,507 | +50.5% |
| Financial income | 75/76B | €0 | €2 | +€2 | +23,400% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +23,400% |
| Financial charges | 65/66B | €4,896 | €4,910 | +€15 | +0.3% |
| Recurring financial charges | 65 | €4,896 | €4,910 | +€15 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | €13,922 | €23,417 | +€9,494 | +68.2% |
| Income taxes | 67/77 | €4,771 | €7,381 | +€2,610 | +54.7% |
| Profit (loss) for the period | 9904 | €9,151 | €16,036 | +€6,885 | +75.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,151 | €16,036 | +€6,885 | +75.2% |
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 19 October 2026 via checked.be.