AC VetoCambre: 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.
AC VetoCambre
Largest movements
- Cash +€154,282
up €154,282 (+332%), from €46,523 to €200,806
mainly Other debts (+€254,242) and Net result for the year (+€83,688)
- Tangible fixed assets -€84,353
down €84,353 (-24.0%), from €352,163 to €267,809
of which Other tangible fixed assets: -€67,188
- Receivables within one year -€52,374
down €52,374 (-35.8%), from €146,380 to €94,006
of which Other amounts receivable: -€70,077
- Stocks and contracts -€43,592
down €43,592 (-45.1%), from €96,730 to €53,138
- Financial fixed assets +€15,000
new in 2024: €15,000
- Debts after one year -€263,975
no longer reported in 2024 (was €263,975)
- Other debts +€254,242
new in 2024: €254,242
- Current portion of long-term debt -€64,741
no longer reported in 2024 (was €64,741)
- Reserves +€58,468
up €58,468 (+29.2%), from €200,472 to €258,940
of which Distributable reserves: +€58,468
- Trade debts -€17,850
down €17,850 (-32.6%), from €54,707 to €36,856
- Financial charges -€45,967
down €45,967 (-73.3%), from €62,712 to €16,746
of which Non-recurring financial charges: -€45,994
- Write-downs +€24,075
new in 2024: €24,075
- Gross operating margin -€19,865
down €19,865 (-4.8%), from €417,539 to €397,675
- Financial income +€10,546
up €10,546 (+1,506%), from €700 to €11,246
of which Financial income: +€9,089
- Depreciation -€6,009
down €6,009 (-13.7%), from €44,001 to €37,992
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.
Derived cash bridge
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 | €655,007 | €634,490 | -€20,517 | -3.1% |
| Fixed assets | 21/28 | €352,163 | €282,809 | -€69,353 | -19.7% |
| Tangible fixed assets | 22/27 | €352,163 | €267,809 | -€84,353 | -24.0% |
| Land and buildings | 22 | €1,308 | - | -€1,308 | |
| Plant, machinery and equipment | 23 | €48,248 | €34,204 | -€14,044 | -29.1% |
| Furniture and vehicles | 24 | €5,727 | €3,914 | -€1,814 | -31.7% |
| Other tangible fixed assets | 26 | €296,880 | €229,692 | -€67,188 | -22.6% |
| Financial fixed assets | 28 | - | €15,000 | +€15,000 | |
| Current assets | 29/58 | €302,844 | €351,680 | +€48,836 | +16.1% |
| Amounts receivable after more than one year | 29 | €11,000 | - | -€11,000 | |
| Other amounts receivable | 291 | €11,000 | - | -€11,000 | |
| Stocks and contracts in progress | 3 | €96,730 | €53,138 | -€43,592 | -45.1% |
| Stocks | 30/36 | €96,730 | €53,138 | -€43,592 | -45.1% |
| Amounts receivable within one year | 40/41 | €146,380 | €94,006 | -€52,374 | -35.8% |
| Trade receivables | 40 | €31,610 | €49,313 | +€17,703 | +56.0% |
| Other amounts receivable | 41 | €114,770 | €44,693 | -€70,077 | -61.1% |
| Cash at bank and in hand | 54/58 | €46,523 | €200,806 | +€154,282 | +332% |
| Deferred charges and accrued income | 490/1 | €2,211 | €3,731 | +€1,520 | +68.8% |
| Total equity and liabilities | 10/49 | €655,007 | €634,490 | -€20,517 | -3.1% |
| Equity | 10/15 | €219,022 | €277,490 | +€58,468 | +26.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €200,472 | €258,940 | +€58,468 | +29.2% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €198,617 | €257,085 | +€58,468 | +29.4% |
| Amounts payable | 17/49 | €435,985 | €357,000 | -€78,985 | -18.1% |
| Amounts payable after more than one year | 17 | €263,975 | - | -€263,975 | |
| Financial debts | 170/4 | €263,975 | - | -€263,975 | |
| Amounts payable within one year | 42/48 | €172,010 | €357,000 | +€184,991 | +108% |
| Current portion of amounts payable after more than one year | 42 | €64,741 | - | -€64,741 | |
| Trade debts | 44 | €54,707 | €36,856 | -€17,850 | -32.6% |
| Suppliers | 440/4 | €54,707 | €36,856 | -€17,850 | -32.6% |
| Taxes, remuneration and social security | 45 | €52,562 | €65,902 | +€13,339 | +25.4% |
| Taxes | 450/3 | €19,894 | €31,347 | +€11,454 | +57.6% |
| Remuneration and social security | 454/9 | €32,669 | €34,554 | +€1,886 | +5.8% |
| Other amounts payable | 47/48 | - | €254,242 | +€254,242 | |
| Non-recurring operating income | 76A | €4,500 | - | -€4,500 | |
| Remuneration, social security and pensions | 62 | €206,361 | €211,467 | +€5,106 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,001 | €37,992 | -€6,009 | -13.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €24,075 | +€24,075 | |
| Other operating charges | 640/8 | €9,132 | €4,452 | -€4,680 | -51.3% |
| Non-recurring operating charges | 66A | - | €6,961 | +€6,961 | |
| Gross operating margin | 9900 | €417,539 | €397,675 | -€19,865 | -4.8% |
| Operating profit (loss) | 9901 | €158,044 | €112,727 | -€45,318 | -28.7% |
| Financial income | 75/76B | €700 | €11,246 | +€10,546 | +1,506% |
| Recurring financial income | 75 | €700 | €9,789 | +€9,089 | +1,298% |
| Non-recurring financial income | 76B | - | €1,457 | +€1,457 | |
| Financial charges | 65/66B | €62,712 | €16,746 | -€45,967 | -73.3% |
| Recurring financial charges | 65 | €16,718 | €16,746 | +€28 | +0.2% |
| Non-recurring financial charges | 66B | €45,994 | - | -€45,994 | |
| Profit (loss) for the period before taxes | 9903 | €96,032 | €107,227 | +€11,195 | +11.7% |
| Income taxes | 67/77 | €20,514 | €23,539 | +€3,025 | +14.7% |
| Profit (loss) for the period | 9904 | €75,518 | €83,688 | +€8,170 | +10.8% |
| Profit (loss) for the period to be appropriated | 9905 | €75,518 | €83,688 | +€8,170 | +10.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.