E.G. VET: what changed
E.G. VET
Largest movements
- Cash +€15,602
up €15,602 (+66.0%), from €23,650 to €39,251
mainly Net result for the year (+€14,407) and Depreciation (+€3,189)
- Tangible fixed assets -€1,968
down €1,968 (-19.9%), from €9,868 to €7,901
of which Furniture and vehicles: -€2,311
- Receivables within one year -€1,296
down €1,296 (-13.4%), from €9,655 to €8,358
of which Trade receivables: -€1,893
- Deferred charges and accrued income +€758
up €758 (+215%), from €353 to €1,111
- Profit (loss) carried forward +€14,407
up €14,407 (+67.7%), from €21,285 to €35,692
- Tax, wage and social debts -€1,755
down €1,755 (-38.1%), from €4,604 to €2,849
- Gross operating margin -€7,053
down €7,053 (-23.0%), from €30,633 to €23,579
- Taxes -€1,421
down €1,421 (-24.4%), from €5,824 to €4,403
- Depreciation +€731
up €731 (+29.7%), from €2,458 to €3,189
- Financial charges +€415
up €415 (+64.9%), from €639 to €1,055
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €43,525 | €56,621 | +€13,096 | +30.1% |
| Fixed assets | 21/28 | €9,868 | €7,901 | -€1,968 | -19.9% |
| Tangible fixed assets | 22/27 | €9,868 | €7,901 | -€1,968 | -19.9% |
| Plant, machinery and equipment | 23 | €702 | €1,045 | +€343 | +49.0% |
| Furniture and vehicles | 24 | €9,167 | €6,856 | -€2,311 | -25.2% |
| Current assets | 29/58 | €33,657 | €48,720 | +€15,063 | +44.8% |
| Amounts receivable within one year | 40/41 | €9,655 | €8,358 | -€1,296 | -13.4% |
| Trade receivables | 40 | €9,655 | €7,761 | -€1,893 | -19.6% |
| Other amounts receivable | 41 | - | €597 | +€597 | |
| Cash at bank and in hand | 54/58 | €23,650 | €39,251 | +€15,602 | +66.0% |
| Deferred charges and accrued income | 490/1 | €353 | €1,111 | +€758 | +215% |
| Total equity and liabilities | 10/49 | €43,525 | €56,621 | +€13,096 | +30.1% |
| Equity | 10/15 | €24,285 | €38,692 | +€14,407 | +59.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,285 | €35,692 | +€14,407 | +67.7% |
| Amounts payable | 17/49 | €19,240 | €17,929 | -€1,312 | -6.8% |
| Amounts payable within one year | 42/48 | €19,240 | €17,929 | -€1,312 | -6.8% |
| Trade debts | 44 | €552 | €717 | +€166 | +30.0% |
| Suppliers | 440/4 | €552 | €717 | +€166 | +30.0% |
| Taxes, remuneration and social security | 45 | €4,604 | €2,849 | -€1,755 | -38.1% |
| Taxes | 450/3 | €4,604 | €2,849 | -€1,755 | -38.1% |
| Other amounts payable | 47/48 | €14,085 | €14,362 | +€278 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,458 | €3,189 | +€731 | +29.7% |
| Other operating charges | 640/8 | €426 | €525 | +€99 | +23.1% |
| Gross operating margin | 9900 | €30,633 | €23,579 | -€7,053 | -23.0% |
| Operating profit (loss) | 9901 | €27,748 | €19,865 | -€7,883 | -28.4% |
| Financial charges | 65/66B | €639 | €1,055 | +€415 | +64.9% |
| Recurring financial charges | 65 | €639 | €1,055 | +€415 | +64.9% |
| Profit (loss) for the period before taxes | 9903 | €27,109 | €18,810 | -€8,298 | -30.6% |
| Income taxes | 67/77 | €5,824 | €4,403 | -€1,421 | -24.4% |
| Profit (loss) for the period | 9904 | €21,285 | €14,407 | -€6,878 | -32.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,285 | €14,407 | -€6,878 | -32.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.