INTERIEUR DE VETTER: what changed
Two fiscal 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.
INTERIEUR DE VETTER
Largest movements
- Deferred charges and accrued income +€15,395
up €15,395 (+673.8%), from €2,285 to €17,680
- Tangible fixed assets -€11,551
down €11,551 (-34.8%), from €33,187 to €21,637
- Stocks and contracts -€11,382
down €11,382 (-29.5%), from €38,526 to €27,145
of which Stocks: -€6,383
- Cash -€3,938
down €3,938 (-12.9%), from €30,591 to €26,652
mainly Deferred charges and accrued income (-€15,395) and Tax, wage and social debts (-€5,343)
- Receivables within one year +€2,153
up €2,153 (+35.5%), from €6,065 to €8,218
of which Other amounts receivable: +€1,537
- Tax, wage and social debts -€5,343
down €5,343 (-46.6%), from €11,459 to €6,116
of which Remuneration and social security: -€5,343
- Current portion of long-term debt -€5,265
down €5,265 (-46.4%), from €11,346 to €6,081
- Reserves +€3,927
up €3,927 (+11.2%), from €35,127 to €39,054
of which Distributable reserves: +€3,927
- Debts after one year -€3,005
down €3,005 (-18.1%), from €16,588 to €13,583
- Gross operating margin -€5,558
down €5,558 (-25.9%), from €21,476 to €15,918
- Depreciation -€4,496
down €4,496 (-36.3%), from €12,387 to €7,891
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.
Cash bridge derived
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 | €110,655 | €101,332 | -€9,322 | -8.4% |
| Fixed assets | 21/28 | €33,187 | €21,637 | -€11,551 | -34.8% |
| Tangible fixed assets | 22/27 | €33,187 | €21,637 | -€11,551 | -34.8% |
| Plant, machinery and equipment | 23 | €23,610 | €19,479 | -€4,131 | -17.5% |
| Furniture and vehicles | 24 | €6,710 | €2,158 | -€4,552 | -67.8% |
| Other tangible fixed assets | 26 | €2,868 | €0 | -€2,868 | -100.0% |
| Current assets | 29/58 | €77,467 | €79,696 | +€2,228 | +2.9% |
| Stocks and contracts in progress | 3 | €38,526 | €27,145 | -€11,382 | -29.5% |
| Stocks | 30/36 | €16,619 | €10,236 | -€6,383 | -38.4% |
| Contracts in progress | 37 | €21,907 | €16,908 | -€4,999 | -22.8% |
| Amounts receivable within one year | 40/41 | €6,065 | €8,218 | +€2,153 | +35.5% |
| Trade receivables | 40 | €2,809 | €3,425 | +€616 | +21.9% |
| Other amounts receivable | 41 | €3,256 | €4,793 | +€1,537 | +47.2% |
| Cash at bank and in hand | 54/58 | €30,591 | €26,652 | -€3,938 | -12.9% |
| Deferred charges and accrued income | 490/1 | €2,285 | €17,680 | +€15,395 | +673.8% |
| Total equity and liabilities | 10/49 | €110,655 | €101,332 | -€9,322 | -8.4% |
| Equity | 10/15 | €55,127 | €59,054 | +€3,927 | +7.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €35,127 | €39,054 | +€3,927 | +11.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €35,127 | €39,054 | +€3,927 | +11.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €55,528 | €42,279 | -€13,249 | -23.9% |
| Amounts payable after more than one year | 17 | €16,588 | €13,583 | -€3,005 | -18.1% |
| Financial debts | 170/4 | €16,588 | €13,583 | -€3,005 | -18.1% |
| Amounts payable within one year | 42/48 | €38,940 | €28,696 | -€10,244 | -26.3% |
| Current portion of amounts payable after more than one year | 42 | €11,346 | €6,081 | -€5,265 | -46.4% |
| Trade debts | 44 | €15,455 | €15,822 | +€366 | +2.4% |
| Suppliers | 440/4 | €15,455 | €15,822 | +€366 | +2.4% |
| Taxes, remuneration and social security | 45 | €11,459 | €6,116 | -€5,343 | -46.6% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €11,459 | €6,116 | -€5,343 | -46.6% |
| Other amounts payable | 47/48 | €679 | €677 | -€2 | -0.4% |
| Non-recurring operating income | 76A | - | €9,652 | +€9,652 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,387 | €7,891 | -€4,496 | -36.3% |
| Other operating charges | 640/8 | €1,005 | €925 | -€80 | -8.0% |
| Gross operating margin | 9900 | €21,476 | €15,918 | -€5,558 | -25.9% |
| Operating profit (loss) | 9901 | €8,083 | €7,102 | -€982 | -12.1% |
| Financial income | 75/76B | €115 | €247 | +€132 | +114.7% |
| Recurring financial income | 75 | €115 | €247 | +€132 | +114.7% |
| Financial charges | 65/66B | €1,000 | €902 | -€98 | -9.8% |
| Recurring financial charges | 65 | €1,000 | €902 | -€98 | -9.8% |
| Profit (loss) for the period before taxes | 9903 | €7,199 | €6,447 | -€752 | -10.4% |
| Income taxes | 67/77 | €2,670 | €2,520 | -€150 | -5.6% |
| Profit (loss) for the period | 9904 | €4,529 | €3,927 | -€602 | -13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €4,529 | €3,927 | -€602 | -13.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.