VADEVA: 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.
VADEVA
Largest movements
- Receivables within one year +€11,892
up €11,892 (+415.9%), from €2,859 to €14,751
- Profit (loss) carried forward +€135,529
up €135,529 (+147.5%), from €91,874 to €227,403
- Debts after one year -€93,623
down €93,623 (-19.6%), from €476,547 to €382,925
of which Financial debts: -€63,623
- Current portion of long-term debt -€19,399
down €19,399 (-15.8%), from €123,021 to €103,623
- Other debts -€17,521
down €17,521 (-40.7%), from €43,021 to €25,500
- Gross operating margin +€34,202
up €34,202 (+22.2%), from €153,886 to €188,088
- Taxes +€8,464
up €8,464 (+25.5%), from €33,141 to €41,605
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €984,244 | €991,865 | +€7,621 | +0.8% |
| Fixed assets | 21/28 | €940,000 | €940,000 | = | 0.0% |
| Financial fixed assets | 28 | €940,000 | €940,000 | = | 0.0% |
| Current assets | 29/58 | €44,244 | €51,865 | +€7,621 | +17.2% |
| Amounts receivable within one year | 40/41 | €2,859 | €14,751 | +€11,892 | +415.9% |
| Other amounts receivable | 41 | €2,859 | €14,751 | +€11,892 | +415.9% |
| Cash at bank and in hand | 54/58 | €2,385 | €2,115 | -€270 | -11.3% |
| Deferred charges and accrued income | 490/1 | €39,000 | €35,000 | -€4,000 | -10.3% |
| Total equity and liabilities | 10/49 | €984,244 | €991,865 | +€7,621 | +0.8% |
| Equity | 10/15 | €328,874 | €464,403 | +€135,529 | +41.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €207,000 | €207,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €207,000 | €207,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €91,874 | €227,403 | +€135,529 | +147.5% |
| Amounts payable | 17/49 | €655,370 | €527,462 | -€127,907 | -19.5% |
| Amounts payable after more than one year | 17 | €476,547 | €382,925 | -€93,623 | -19.6% |
| Financial debts | 170/4 | €396,547 | €332,925 | -€63,623 | -16.0% |
| Other amounts payable | 178/9 | €80,000 | €50,000 | -€30,000 | -37.5% |
| Amounts payable within one year | 42/48 | €178,822 | €144,356 | -€34,466 | -19.3% |
| Current portion of amounts payable after more than one year | 42 | €123,021 | €103,623 | -€19,399 | -15.8% |
| Financial debts | 43 | - | €3,029 | +€3,029 | |
| Credit institutions | 430/8 | - | €3,029 | +€3,029 | |
| Trade debts | 44 | €198 | €396 | +€198 | +99.7% |
| Suppliers | 440/4 | €198 | €396 | +€198 | +99.7% |
| Taxes, remuneration and social security | 45 | €12,582 | €11,809 | -€773 | -6.1% |
| Taxes | 450/3 | €5,178 | €3,723 | -€1,456 | -28.1% |
| Remuneration and social security | 454/9 | €7,404 | €8,086 | +€683 | +9.2% |
| Other amounts payable | 47/48 | €43,021 | €25,500 | -€17,521 | -40.7% |
| Accrued charges and deferred income | 492/3 | - | €181 | +€181 | |
| Other operating charges | 640/8 | €200 | €1,179 | +€979 | +489.9% |
| Gross operating margin | 9900 | €153,886 | €188,088 | +€34,202 | +22.2% |
| Operating profit (loss) | 9901 | €153,686 | €186,910 | +€33,223 | +21.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €5,409 | €4,776 | -€633 | -11.7% |
| Recurring financial charges | 65 | €5,409 | €4,776 | -€633 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €148,278 | €182,133 | +€33,856 | +22.8% |
| Income taxes | 67/77 | €33,141 | €41,605 | +€8,464 | +25.5% |
| Profit (loss) for the period | 9904 | €115,137 | €140,529 | +€25,392 | +22.1% |
| Profit (loss) for the period to be appropriated | 9905 | €115,137 | €140,529 | +€25,392 | +22.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.