ANIMAL- VETE: 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.
ANIMAL- VETE
Largest movements
- Cash -€18,473
down €18,473 (-22.3%), from €82,775 to €64,302
mainly Net result for the year (-€22,423) and Debts after one year (-€8,900)
- Tangible fixed assets -€10,156
down €10,156 (-7.8%), from €130,581 to €120,425
of which Land and buildings: -€5,472
- Receivables within one year +€5,591
up €5,591 (+139%), from €4,028 to €9,619
of which Other amounts receivable: +€3,891
- Stocks and contracts -€3,386
down €3,386 (-16.1%), from €21,052 to €17,666
- Reserves -€23,256
down €23,256 (-28.1%), from €82,807 to €59,551
of which Distributable reserves: -€23,256
- Debts after one year -€8,900
down €8,900 (-7.5%), from €118,686 to €109,786
- Tax, wage and social debts +€2,651
up €2,651 (+31.1%), from €8,523 to €11,173
of which Taxes: +€2,147
- Gross operating margin -€28,913
down €28,913 (-56.0%), from €51,655 to €22,741
- Staff costs -€4,076
down €4,076 (-14.5%), from €28,183 to €24,107
- Financial charges +€2,163
up €2,163 (+37.9%), from €5,709 to €7,872
- Taxes -€1,444
down €1,444 (-93.0%), from €1,553 to €109
- Depreciation -€951
down €951 (-7.5%), from €12,710 to €11,759
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 | €241,958 | €215,670 | -€26,289 | -10.9% |
| Fixed assets | 21/28 | €132,606 | €122,450 | -€10,156 | -7.7% |
| Tangible fixed assets | 22/27 | €130,581 | €120,425 | -€10,156 | -7.8% |
| Land and buildings | 22 | €114,899 | €109,426 | -€5,472 | -4.8% |
| Plant, machinery and equipment | 23 | €14,692 | €10,595 | -€4,097 | -27.9% |
| Other tangible fixed assets | 26 | €990 | €404 | -€586 | -59.2% |
| Financial fixed assets | 28 | €2,025 | €2,025 | = | 0.0% |
| Current assets | 29/58 | €109,352 | €93,220 | -€16,133 | -14.8% |
| Stocks and contracts in progress | 3 | €21,052 | €17,666 | -€3,386 | -16.1% |
| Stocks | 30/36 | €21,052 | €17,666 | -€3,386 | -16.1% |
| Amounts receivable within one year | 40/41 | €4,028 | €9,619 | +€5,591 | +139% |
| Trade receivables | 40 | €2,081 | €3,781 | +€1,700 | +81.7% |
| Other amounts receivable | 41 | €1,947 | €5,838 | +€3,891 | +200% |
| Cash at bank and in hand | 54/58 | €82,775 | €64,302 | -€18,473 | -22.3% |
| Deferred charges and accrued income | 490/1 | €1,498 | €1,633 | +€134 | +9.0% |
| Total equity and liabilities | 10/49 | €241,958 | €215,670 | -€26,289 | -10.9% |
| Equity | 10/15 | €95,307 | €72,051 | -€23,256 | -24.4% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €82,807 | €59,551 | -€23,256 | -28.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €80,947 | €57,691 | -€23,256 | -28.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €146,651 | €143,619 | -€3,033 | -2.1% |
| Amounts payable after more than one year | 17 | €118,686 | €109,786 | -€8,900 | -7.5% |
| Financial debts | 170/4 | €118,686 | €109,786 | -€8,900 | -7.5% |
| Amounts payable within one year | 42/48 | €27,965 | €33,833 | +€5,868 | +21.0% |
| Current portion of amounts payable after more than one year | 42 | €10,065 | €10,956 | +€891 | +8.9% |
| Trade debts | 44 | €6,365 | €8,769 | +€2,405 | +37.8% |
| Suppliers | 440/4 | €6,365 | €8,769 | +€2,405 | +37.8% |
| Taxes, remuneration and social security | 45 | €8,523 | €11,173 | +€2,651 | +31.1% |
| Taxes | 450/3 | €1,824 | €3,971 | +€2,147 | +118% |
| Remuneration and social security | 454/9 | €6,699 | €7,203 | +€504 | +7.5% |
| Other amounts payable | 47/48 | €3,013 | €2,934 | -€79 | -2.6% |
| Remuneration, social security and pensions | 62 | €28,183 | €24,107 | -€4,076 | -14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,710 | €11,759 | -€951 | -7.5% |
| Other operating charges | 640/8 | €1,407 | €1,318 | -€89 | -6.3% |
| Gross operating margin | 9900 | €51,655 | €22,741 | -€28,913 | -56.0% |
| Operating profit (loss) | 9901 | €9,355 | -€14,442 | -€23,797 | |
| Financial income | 75/76B | €280 | - | -€280 | |
| Recurring financial income | 75 | €280 | - | -€280 | |
| Financial charges | 65/66B | €5,709 | €7,872 | +€2,163 | +37.9% |
| Recurring financial charges | 65 | €5,709 | €7,872 | +€2,163 | +37.9% |
| Profit (loss) for the period before taxes | 9903 | €3,926 | -€22,314 | -€26,240 | |
| Income taxes | 67/77 | €1,553 | €109 | -€1,444 | -93.0% |
| Profit (loss) for the period | 9904 | €2,373 | -€22,423 | -€24,796 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,373 | -€22,423 | -€24,796 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.