IOANNIS VELIZIOTIS: what changed
IOANNIS VELIZIOTIS
Largest movements
- Current investments +€71,052
up €71,052 (+127%), from €56,000 to €127,052
- Cash +€14,487
up €14,487 (+42.1%), from €34,442 to €48,930
mainly Net result for the year (+€107,047) and Deferred charges and accrued income (+€1,551)
- Profit (loss) carried forward +€107,047
up €107,047 (+81.8%), from €130,900 to €237,947
- Other debts -€15,524
down €15,524 (-76.1%), from €20,390 to €4,866
- Tax, wage and social debts -€8,125
down €8,125 (-21.8%), from €37,305 to €29,180
- Gross operating margin -€32,371
down €32,371 (-19.1%), from €169,769 to €137,398
- Taxes -€7,705
down €7,705 (-20.7%), from €37,305 to €29,600
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 | €190,646 | €275,092 | +€84,446 | +44.3% |
| Fixed assets | 21/28 | €2,207 | €2,665 | +€458 | +20.8% |
| Tangible fixed assets | 22/27 | €2,207 | €2,665 | +€458 | +20.8% |
| Furniture and vehicles | 24 | €2,207 | €2,665 | +€458 | +20.8% |
| Current assets | 29/58 | €188,439 | €272,427 | +€83,988 | +44.6% |
| Current investments | 50/53 | €56,000 | €127,052 | +€71,052 | +127% |
| Cash at bank and in hand | 54/58 | €34,442 | €48,930 | +€14,487 | +42.1% |
| Deferred charges and accrued income | 490/1 | €97,996 | €96,445 | -€1,551 | -1.6% |
| Total equity and liabilities | 10/49 | €190,646 | €275,092 | +€84,446 | +44.3% |
| Equity | 10/15 | €132,800 | €239,847 | +€107,047 | +80.6% |
| Contributions | 10/11 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €130,900 | €237,947 | +€107,047 | +81.8% |
| Amounts payable | 17/49 | €57,845 | €35,245 | -€22,601 | -39.1% |
| Amounts payable within one year | 42/48 | €57,845 | €35,020 | -€22,826 | -39.5% |
| Trade debts | 44 | €150 | €973 | +€823 | +548% |
| Suppliers | 440/4 | €150 | €973 | +€823 | +548% |
| Taxes, remuneration and social security | 45 | €37,305 | €29,180 | -€8,125 | -21.8% |
| Taxes | 450/3 | €37,305 | €29,180 | -€8,125 | -21.8% |
| Other amounts payable | 47/48 | €20,390 | €4,866 | -€15,524 | -76.1% |
| Accrued charges and deferred income | 492/3 | - | €225 | +€225 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €365 | €752 | +€386 | +106% |
| Other operating charges | 640/8 | €159 | €471 | +€312 | +196% |
| Gross operating margin | 9900 | €169,769 | €137,398 | -€32,371 | -19.1% |
| Operating profit (loss) | 9901 | €169,244 | €136,175 | -€33,069 | -19.5% |
| Financial income | 75/76B | - | €1,398 | +€1,398 | |
| Recurring financial income | 75 | - | €1,398 | +€1,398 | |
| Financial charges | 65/66B | €1,039 | €926 | -€112 | -10.8% |
| Recurring financial charges | 65 | €1,039 | €926 | -€112 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €168,205 | €136,647 | -€31,559 | -18.8% |
| Income taxes | 67/77 | €37,305 | €29,600 | -€7,705 | -20.7% |
| Profit (loss) for the period | 9904 | €130,900 | €107,047 | -€23,853 | -18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €130,900 | €107,047 | -€23,853 | -18.2% |
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 6 November 2026 via checked.be.