DE VELO-DROOM: 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.
DE VELO-DROOM
Largest movements
- Receivables within one year -€14,967
down €14,967 (-52.0%), from €28,756 to €13,789
of which Trade receivables: -€14,967
- Cash -€13,561
down €13,561 (-30.7%), from €44,208 to €30,647
mainly Other debts (-€25,156) and Tax, wage and social debts (-€11,622)
- Reserves -€143,141
down €143,141 (-86.2%), from €166,066 to €22,924
- Profit (loss) carried forward +€141,971
up €141,971, from €0 to €141,971
- Other debts -€25,156
down €25,156 (-35.6%), from €70,609 to €45,453
- Trade debts +€23,472
up €23,472 (+29.9%), from €78,601 to €102,073
- Tax, wage and social debts -€11,622
down €11,622 (-26.1%), from €44,507 to €32,884
of which Taxes: -€15,877
- Gross operating margin +€47,966
up €47,966 (+131%), from €36,738 to €84,704
- Staff costs +€27,828
up €27,828 (+114%), from €24,427 to €52,255
- Financial income -€24,599
down €24,599 (-83.3%), from €29,526 to €4,927
- Write-downs +€22,620
new in 2025: €22,620
- Taxes -€7,257
down €7,257 (-80.4%), from €9,024 to €1,767
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 | €476,071 | €443,989 | -€32,082 | -6.7% |
| Fixed assets | 21/28 | €11,904 | €8,790 | -€3,114 | -26.2% |
| Intangible fixed assets | 21 | €278 | €70 | -€208 | -74.8% |
| Tangible fixed assets | 22/27 | €6,169 | €3,262 | -€2,906 | -47.1% |
| Plant, machinery and equipment | 23 | €983 | €495 | -€488 | -49.6% |
| Furniture and vehicles | 24 | €422 | €0 | -€422 | -100% |
| Other tangible fixed assets | 26 | €4,764 | €2,767 | -€1,996 | -41.9% |
| Financial fixed assets | 28 | €5,458 | €5,458 | = | 0.0% |
| Current assets | 29/58 | €464,168 | €435,199 | -€28,968 | -6.2% |
| Stocks and contracts in progress | 3 | €388,669 | €388,707 | +€38 | 0.0% |
| Stocks | 30/36 | €388,669 | €388,707 | +€38 | 0.0% |
| Amounts receivable within one year | 40/41 | €28,756 | €13,789 | -€14,967 | -52.0% |
| Trade receivables | 40 | €28,756 | €13,789 | -€14,967 | -52.0% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €44,208 | €30,647 | -€13,561 | -30.7% |
| Deferred charges and accrued income | 490/1 | €2,534 | €2,056 | -€478 | -18.9% |
| Total equity and liabilities | 10/49 | €476,071 | €443,989 | -€32,082 | -6.7% |
| Equity | 10/15 | €221,211 | €220,040 | -€1,170 | -0.5% |
| Contributions | 10/11 | €55,145 | €55,145 | = | 0.0% |
| Reserves | 13 | €166,066 | €22,924 | -€143,141 | -86.2% |
| Distributable reserves | 133 | €166,066 | €22,924 | -€143,141 | -86.2% |
| Profit (loss) carried forward | 14 | €0 | €141,971 | +€141,971 | |
| Amounts payable | 17/49 | €254,861 | €223,949 | -€30,912 | -12.1% |
| Amounts payable after more than one year | 17 | €33,054 | €22,512 | -€10,542 | -31.9% |
| Financial debts | 170/4 | €33,054 | €22,512 | -€10,542 | -31.9% |
| Amounts payable within one year | 42/48 | €214,491 | €194,119 | -€20,371 | -9.5% |
| Current portion of amounts payable after more than one year | 42 | €19,047 | €10,542 | -€8,505 | -44.7% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €78,601 | €102,073 | +€23,472 | +29.9% |
| Suppliers | 440/4 | €78,601 | €102,073 | +€23,472 | +29.9% |
| Advances received on contracts in progress | 46 | €1,726 | €3,167 | +€1,441 | +83.4% |
| Taxes, remuneration and social security | 45 | €44,507 | €32,884 | -€11,622 | -26.1% |
| Taxes | 450/3 | €40,791 | €24,913 | -€15,877 | -38.9% |
| Remuneration and social security | 454/9 | €3,716 | €7,971 | +€4,255 | +115% |
| Other amounts payable | 47/48 | €70,609 | €45,453 | -€25,156 | -35.6% |
| Accrued charges and deferred income | 492/3 | €7,316 | €7,317 | +€1 | 0.0% |
| Remuneration, social security and pensions | 62 | €24,427 | €52,255 | +€27,828 | +114% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,014 | €5,908 | -€4,106 | -41.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €22,620 | +€22,620 | |
| Other operating charges | 640/8 | €1,226 | €1,476 | +€250 | +20.4% |
| Gross operating margin | 9900 | €36,738 | €84,704 | +€47,966 | +131% |
| Operating profit (loss) | 9901 | €1,071 | €2,445 | +€1,373 | +128% |
| Financial income | 75/76B | €29,526 | €4,927 | -€24,599 | -83.3% |
| Recurring financial income | 75 | €29,526 | €4,927 | -€24,599 | -83.3% |
| Financial charges | 65/66B | €6,429 | €4,775 | -€1,654 | -25.7% |
| Recurring financial charges | 65 | €6,429 | €4,775 | -€1,654 | -25.7% |
| Profit (loss) for the period before taxes | 9903 | €24,168 | €2,597 | -€21,571 | -89.3% |
| Income taxes | 67/77 | €9,024 | €1,767 | -€7,257 | -80.4% |
| Profit (loss) for the period | 9904 | €15,144 | €830 | -€14,314 | -94.5% |
| Profit (loss) for the period to be appropriated | 9905 | €15,144 | €830 | -€14,314 | -94.5% |
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 27 October 2026 via checked.be.