Vedalony: 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.
Vedalony
Largest movements
- Tangible fixed assets -€42,492
down €42,492 (-8.8%), from €480,360 to €437,869
- Deferred charges and accrued income +€6,134
new in 2025: €6,134
- Debts after one year -€26,122
down €26,122 (-28.0%), from €93,227 to €67,105
- Reserves -€5,203
down €5,203 (-4.0%), from €131,438 to €126,235
of which Tax-exempt reserves: -€5,203
- Depreciation +€1,885
up €1,885 (+4.6%), from €40,606 to €42,492
- Financial charges -€1,311
down €1,311 (-36.2%), from €3,623 to €2,312
- Gross operating margin +€1,230
up €1,230 (+3.1%), from €39,894 to €41,124
- Other operating charges +€1,130
up €1,130 (+21.2%), from €5,331 to €6,460
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 | €505,142 | €468,266 | -€36,876 | -7.3% |
| Fixed assets | 21/28 | €480,360 | €437,869 | -€42,492 | -8.8% |
| Tangible fixed assets | 22/27 | €480,360 | €437,869 | -€42,492 | -8.8% |
| Land and buildings | 22 | €480,360 | €437,869 | -€42,492 | -8.8% |
| Current assets | 29/58 | €24,782 | €30,397 | +€5,616 | +22.7% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €24,782 | €24,264 | -€518 | -2.1% |
| Deferred charges and accrued income | 490/1 | - | €6,134 | +€6,134 | |
| Total equity and liabilities | 10/49 | €505,142 | €468,266 | -€36,876 | -7.3% |
| Equity | 10/15 | €339,837 | €331,940 | -€7,896 | -2.3% |
| Contributions | 10/11 | €287,556 | €287,556 | = | 0.0% |
| Reserves | 13 | €131,438 | €126,235 | -€5,203 | -4.0% |
| Tax-exempt reserves | 132 | €118,259 | €113,057 | -€5,203 | -4.4% |
| Distributable reserves | 133 | €13,178 | €13,178 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,157 | -€81,851 | -€2,694 | -3.4% |
| Provisions and deferred taxes | 16 | €45,311 | €43,068 | -€2,244 | -5.0% |
| Deferred taxes | 168 | €45,311 | €43,068 | -€2,244 | -5.0% |
| Amounts payable | 17/49 | €119,994 | €93,258 | -€26,736 | -22.3% |
| Amounts payable after more than one year | 17 | €93,227 | €67,105 | -€26,122 | -28.0% |
| Financial debts | 170/4 | €93,227 | €67,105 | -€26,122 | -28.0% |
| Amounts payable within one year | 42/48 | €26,101 | €26,152 | +€51 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €26,047 | €26,122 | +€75 | +0.3% |
| Trade debts | 44 | €55 | €30 | -€24 | -44.5% |
| Suppliers | 440/4 | €55 | €30 | -€24 | -44.5% |
| Accrued charges and deferred income | 492/3 | €665 | €0 | -€665 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,606 | €42,492 | +€1,885 | +4.6% |
| Other operating charges | 640/8 | €5,331 | €6,460 | +€1,130 | +21.2% |
| Gross operating margin | 9900 | €39,894 | €41,124 | +€1,230 | +3.1% |
| Operating profit (loss) | 9901 | -€6,043 | -€7,828 | -€1,785 | -29.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €3,623 | €2,312 | -€1,311 | -36.2% |
| Recurring financial charges | 65 | €3,623 | €2,312 | -€1,311 | -36.2% |
| Profit (loss) for the period before taxes | 9903 | -€9,666 | -€10,140 | -€474 | -4.9% |
| Transfer from deferred taxes | 780 | €1,933 | €2,244 | +€311 | +16.1% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€7,733 | -€7,896 | -€163 | -2.1% |
| Transfer from tax-exempt reserves | 789 | €4,399 | €5,203 | +€803 | +18.3% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,334 | -€2,694 | +€640 | +19.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.