VEDALI: 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.
VEDALI
Largest movements
- Cash -€3,885
down €3,885 (-44.0%), from €8,832 to €4,947
mainly Other debts (-€3,551) and Trade debts (-€2,430)
- Receivables within one year -€478
down €478 (-7.3%), from €6,548 to €6,071
- Other debts -€3,551
down €3,551 (-77.3%), from €4,595 to €1,044
- Trade debts -€2,430
down €2,430 (-90.6%), from €2,681 to €251
- Tax, wage and social debts +€1,098
up €1,098 (+56.1%), from €1,958 to €3,056
- Profit (loss) carried forward +€667
up €667 (+13.6%), from €4,893 to €5,561
- Gross operating margin -€6,296
down €6,296 (-72.1%), from €8,735 to €2,438
- Depreciation -€1,401
down €1,401 (-86.3%), from €1,623 to €222
- Taxes -€860
down €860 (-43.9%), from €1,958 to €1,098
- Other operating charges +€97
up €97 (+61.2%), from €159 to €256
- Financial charges +€94
up €94 (+92.3%), from €102 to €195
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 | €17,127 | €12,911 | -€4,216 | -24.6% |
| Fixed assets | 21/28 | €1,747 | €1,894 | +€147 | +8.4% |
| Tangible fixed assets | 22/27 | €1,747 | €1,894 | +€147 | +8.4% |
| Land and buildings | 22 | €1,747 | €1,564 | -€183 | -10.5% |
| Plant, machinery and equipment | 23 | - | €330 | +€330 | |
| Current assets | 29/58 | €15,380 | €11,018 | -€4,362 | -28.4% |
| Amounts receivable within one year | 40/41 | €6,548 | €6,071 | -€478 | -7.3% |
| Trade receivables | 40 | €6,548 | €6,071 | -€478 | -7.3% |
| Cash at bank and in hand | 54/58 | €8,832 | €4,947 | -€3,885 | -44.0% |
| Total equity and liabilities | 10/49 | €17,127 | €12,911 | -€4,216 | -24.6% |
| Equity | 10/15 | €7,893 | €8,561 | +€667 | +8.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,893 | €5,561 | +€667 | +13.6% |
| Amounts payable | 17/49 | €9,234 | €4,351 | -€4,883 | -52.9% |
| Amounts payable within one year | 42/48 | €9,234 | €4,351 | -€4,883 | -52.9% |
| Trade debts | 44 | €2,681 | €251 | -€2,430 | -90.6% |
| Suppliers | 440/4 | €2,681 | €251 | -€2,430 | -90.6% |
| Taxes, remuneration and social security | 45 | €1,958 | €3,056 | +€1,098 | +56.1% |
| Taxes | 450/3 | €1,958 | €3,056 | +€1,098 | +56.1% |
| Other amounts payable | 47/48 | €4,595 | €1,044 | -€3,551 | -77.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,623 | €222 | -€1,401 | -86.3% |
| Other operating charges | 640/8 | €159 | €256 | +€97 | +61.2% |
| Gross operating margin | 9900 | €8,735 | €2,438 | -€6,296 | -72.1% |
| Operating profit (loss) | 9901 | €6,953 | €1,960 | -€4,993 | -71.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €102 | €195 | +€94 | +92.3% |
| Recurring financial charges | 65 | €102 | €195 | +€94 | +92.3% |
| Profit (loss) for the period before taxes | 9903 | €6,852 | €1,765 | -€5,087 | -74.2% |
| Income taxes | 67/77 | €1,958 | €1,098 | -€860 | -43.9% |
| Profit (loss) for the period | 9904 | €4,893 | €667 | -€4,226 | -86.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,893 | €667 | -€4,226 | -86.4% |
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 6 October 2026 via checked.be.