EQUINE 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.
EQUINE VET
Largest movements
- Cash +€33,769
up €33,769 (+12.8%), from €263,514 to €297,284
mainly Net result for the year (+€59,382) and Depreciation (+€18,607)
- Tangible fixed assets -€16,635
down €16,635 (-30.4%), from €54,740 to €38,104
- Reserves +€59,382
up €59,382 (+18.7%), from €317,112 to €376,494
of which Distributable reserves: +€59,382
- Trade debts -€30,546
down €30,546 (-42.3%), from €72,138 to €41,592
- Debts after one year -€6,712
down €6,712 (-26.1%), from €25,719 to €19,007
- Tax, wage and social debts -€5,354
down €5,354 (-21.4%), from €25,060 to €19,706
- Write-downs -€11,012
down €11,012 (-100%), from €11,012 to €0
- Depreciation +€5,240
up €5,240 (+39.2%), from €13,367 to €18,607
- Taxes +€4,598
up €4,598 (+19.1%), from €24,063 to €28,661
- Gross operating margin -€4,514
down €4,514 (-4.1%), from €109,240 to €104,727
- Financial income +€3,652
up €3,652 (+2,803%), from €130 to €3,782
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €467,277 | €485,064 | +€17,787 | +3.8% |
| Fixed assets | 21/28 | €54,740 | €38,104 | -€16,635 | -30.4% |
| Tangible fixed assets | 22/27 | €54,740 | €38,104 | -€16,635 | -30.4% |
| Plant, machinery and equipment | 23 | €54,740 | €38,104 | -€16,635 | -30.4% |
| Current assets | 29/58 | €412,537 | €446,960 | +€34,423 | +8.3% |
| Stocks and contracts in progress | 3 | €26,285 | €23,589 | -€2,696 | -10.3% |
| Stocks | 30/36 | €26,285 | €23,589 | -€2,696 | -10.3% |
| Amounts receivable within one year | 40/41 | €119,657 | €122,932 | +€3,276 | +2.7% |
| Trade receivables | 40 | €96,402 | €101,736 | +€5,335 | +5.5% |
| Other amounts receivable | 41 | €23,255 | €21,196 | -€2,059 | -8.9% |
| Cash at bank and in hand | 54/58 | €263,514 | €297,284 | +€33,769 | +12.8% |
| Deferred charges and accrued income | 490/1 | €3,081 | €3,155 | +€74 | +2.4% |
| Total equity and liabilities | 10/49 | €467,277 | €485,064 | +€17,787 | +3.8% |
| Equity | 10/15 | €325,112 | €384,494 | +€59,382 | +18.3% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €317,112 | €376,494 | +€59,382 | +18.7% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €296,507 | €355,889 | +€59,382 | +20.0% |
| Amounts payable | 17/49 | €142,165 | €100,570 | -€41,595 | -29.3% |
| Amounts payable after more than one year | 17 | €25,719 | €19,007 | -€6,712 | -26.1% |
| Financial debts | 170/4 | €25,719 | €19,007 | -€6,712 | -26.1% |
| Amounts payable within one year | 42/48 | €116,402 | €81,327 | -€35,074 | -30.1% |
| Current portion of amounts payable after more than one year | 42 | €18,269 | €19,095 | +€826 | +4.5% |
| Trade debts | 44 | €72,138 | €41,592 | -€30,546 | -42.3% |
| Suppliers | 440/4 | €72,138 | €41,592 | -€30,546 | -42.3% |
| Taxes, remuneration and social security | 45 | €25,060 | €19,706 | -€5,354 | -21.4% |
| Taxes | 450/3 | €25,060 | €19,706 | -€5,354 | -21.4% |
| Other amounts payable | 47/48 | €935 | €935 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €44 | €236 | +€192 | +433% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,367 | €18,607 | +€5,240 | +39.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €11,012 | €0 | -€11,012 | -100% |
| Other operating charges | 640/8 | €127 | €198 | +€71 | +56.0% |
| Gross operating margin | 9900 | €109,240 | €104,727 | -€4,514 | -4.1% |
| Operating profit (loss) | 9901 | €84,734 | €85,922 | +€1,188 | +1.4% |
| Financial income | 75/76B | €130 | €3,782 | +€3,652 | +2,803% |
| Recurring financial income | 75 | €130 | €3,782 | +€3,652 | +2,803% |
| Financial charges | 65/66B | €2,427 | €1,661 | -€766 | -31.6% |
| Recurring financial charges | 65 | €2,427 | €1,661 | -€766 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | €82,438 | €88,043 | +€5,605 | +6.8% |
| Income taxes | 67/77 | €24,063 | €28,661 | +€4,598 | +19.1% |
| Profit (loss) for the period | 9904 | €58,375 | €59,382 | +€1,007 | +1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €58,375 | €59,382 | +€1,007 | +1.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.