VAN DE VELES: 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.
VAN DE VELES
Largest movements
- Cash +€10,648
up €10,648 (+99.3%), from €10,726 to €21,374
mainly Trade debts (+€9,017) and Tax, wage and social debts (+€8,713)
- Receivables within one year +€7,352
up €7,352 (+93.5%), from €7,859 to €15,211
of which Trade receivables: +€9,040
- Tangible fixed assets -€2,708
down €2,708 (-38.0%), from €7,119 to €4,411
of which Furniture and vehicles: -€1,617
- Stocks and contracts +€1,928
new in 2025: €1,928
- Trade debts +€9,017
up €9,017 (+131%), from €6,890 to €15,907
- Tax, wage and social debts +€8,713
up €8,713 (+78.7%), from €11,073 to €19,786
of which Remuneration and social security: +€8,566
- Other debts -€922
down €922 (-42.5%), from €2,168 to €1,246
- Staff costs +€22,349
up €22,349 (+208%), from €10,747 to €33,096
- Gross operating margin +€21,747
up €21,747 (+108%), from €20,078 to €41,825
- Other operating charges +€743
up €743 (+18.5%), from €4,023 to €4,765
- Financial income +€626
up €626 (+6,255,900%), from €0 to €626
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.
Derived cash bridge
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 | €25,904 | €43,124 | +€17,220 | +66.5% |
| Fixed assets | 21/28 | €7,319 | €4,611 | -€2,708 | -37.0% |
| Tangible fixed assets | 22/27 | €7,119 | €4,411 | -€2,708 | -38.0% |
| Plant, machinery and equipment | 23 | €2,914 | €1,823 | -€1,091 | -37.4% |
| Furniture and vehicles | 24 | €4,205 | €2,588 | -€1,617 | -38.4% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €18,585 | €38,513 | +€19,927 | +107% |
| Stocks and contracts in progress | 3 | - | €1,928 | +€1,928 | |
| Stocks | 30/36 | - | €1,928 | +€1,928 | |
| Amounts receivable within one year | 40/41 | €7,859 | €15,211 | +€7,352 | +93.5% |
| Trade receivables | 40 | €6,172 | €15,211 | +€9,040 | +146% |
| Other amounts receivable | 41 | €1,688 | - | -€1,688 | |
| Cash at bank and in hand | 54/58 | €10,726 | €21,374 | +€10,648 | +99.3% |
| Total equity and liabilities | 10/49 | €25,904 | €43,124 | +€17,220 | +66.5% |
| Equity | 10/15 | €5,773 | €6,185 | +€412 | +7.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,773 | €5,185 | +€412 | +8.6% |
| Amounts payable | 17/49 | €20,131 | €36,939 | +€16,808 | +83.5% |
| Amounts payable within one year | 42/48 | €20,131 | €36,939 | +€16,808 | +83.5% |
| Trade debts | 44 | €6,890 | €15,907 | +€9,017 | +131% |
| Suppliers | 440/4 | €6,890 | €15,907 | +€9,017 | +131% |
| Taxes, remuneration and social security | 45 | €11,073 | €19,786 | +€8,713 | +78.7% |
| Taxes | 450/3 | €6,348 | €6,495 | +€147 | +2.3% |
| Remuneration and social security | 454/9 | €4,725 | €13,291 | +€8,566 | +181% |
| Other amounts payable | 47/48 | €2,168 | €1,246 | -€922 | -42.5% |
| Remuneration, social security and pensions | 62 | €10,747 | €33,096 | +€22,349 | +208% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,708 | €2,708 | = | 0.0% |
| Other operating charges | 640/8 | €4,023 | €4,765 | +€743 | +18.5% |
| Gross operating margin | 9900 | €20,078 | €41,825 | +€21,747 | +108% |
| Operating profit (loss) | 9901 | €2,601 | €1,256 | -€1,344 | -51.7% |
| Financial income | 75/76B | €0 | €626 | +€626 | +6,255,900% |
| Recurring financial income | 75 | €0 | €626 | +€626 | +6,255,900% |
| Financial charges | 65/66B | €395 | €65 | -€330 | -83.6% |
| Recurring financial charges | 65 | €395 | €65 | -€330 | -83.6% |
| Profit (loss) for the period before taxes | 9903 | €2,206 | €1,817 | -€389 | -17.6% |
| Income taxes | 67/77 | €1,004 | €1,405 | +€401 | +39.9% |
| Profit (loss) for the period | 9904 | €1,202 | €412 | -€790 | -65.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,202 | €412 | -€790 | -65.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.