Vedasco Technics: 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.
Vedasco Technics
Largest movements
- Cash +€8,040
up €8,040 (+33.1%), from €24,262 to €32,302
mainly Net result for the year (+€10,640) and Receivables within one year (+€6,770)
- Receivables within one year -€6,770
down €6,770 (-35.7%), from €18,969 to €12,199
of which Trade receivables: -€4,924
- Tangible fixed assets +€1,622
up €1,622 (+10.7%), from €15,142 to €16,764
of which Plant, machinery and equipment: +€7,055
- Deferred charges and accrued income +€994
up €994 (+151%), from €659 to €1,653
- Reserves +€9,599
up €9,599 (+64.6%), from €14,861 to €24,459
of which Distributable reserves: +€11,454
- Debts after one year -€4,231
down €4,231 (-58.9%), from €7,179 to €2,949
- Trade debts -€3,326
down €3,326 (-33.2%), from €10,007 to €6,681
- Tax, wage and social debts +€1,093
up €1,093 (+6.2%), from €17,511 to €18,603
- Depreciation +€1,095
up €1,095 (+25.2%), from €4,353 to €5,448
- Other operating charges -€1,043
down €1,043 (-22.3%), from €4,686 to €3,643
- Gross operating margin +€1,007
up €1,007 (+3.4%), from €29,383 to €30,390
- Taxes +€444
up €444 (+5.7%), from €7,825 to €8,269
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 | €61,054 | €65,000 | +€3,946 | +6.5% |
| Fixed assets | 21/28 | €15,281 | €16,903 | +€1,622 | +10.6% |
| Tangible fixed assets | 22/27 | €15,142 | €16,764 | +€1,622 | +10.7% |
| Plant, machinery and equipment | 23 | - | €7,055 | +€7,055 | |
| Furniture and vehicles | 24 | €2,899 | €340 | -€2,559 | -88.3% |
| Leasing and similar rights | 25 | €12,243 | €9,369 | -€2,874 | -23.5% |
| Financial fixed assets | 28 | €139 | €139 | = | 0.0% |
| Current assets | 29/58 | €45,773 | €48,097 | +€2,324 | +5.1% |
| Stocks and contracts in progress | 3 | €1,884 | €1,944 | +€60 | +3.2% |
| Stocks | 30/36 | €1,884 | €1,944 | +€60 | +3.2% |
| Amounts receivable within one year | 40/41 | €18,969 | €12,199 | -€6,770 | -35.7% |
| Trade receivables | 40 | €14,192 | €9,268 | -€4,924 | -34.7% |
| Other amounts receivable | 41 | €4,777 | €2,931 | -€1,847 | -38.7% |
| Cash at bank and in hand | 54/58 | €24,262 | €32,302 | +€8,040 | +33.1% |
| Deferred charges and accrued income | 490/1 | €659 | €1,653 | +€994 | +151% |
| Total equity and liabilities | 10/49 | €61,054 | €65,000 | +€3,946 | +6.5% |
| Equity | 10/15 | €21,061 | €30,659 | +€9,599 | +45.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €14,861 | €24,459 | +€9,599 | +64.6% |
| Non-distributable reserves | 130/1 | €1,855 | - | -€1,855 | |
| Reserves not available under the articles | 1311 | €1,855 | - | -€1,855 | |
| Distributable reserves | 133 | €13,006 | €24,459 | +€11,454 | +88.1% |
| Amounts payable | 17/49 | €39,994 | €34,341 | -€5,653 | -14.1% |
| Amounts payable after more than one year | 17 | €7,179 | €2,949 | -€4,231 | -58.9% |
| Financial debts | 170/4 | €7,179 | €2,949 | -€4,231 | -58.9% |
| Amounts payable within one year | 42/48 | €32,814 | €31,392 | -€1,422 | -4.3% |
| Current portion of amounts payable after more than one year | 42 | €4,010 | €4,231 | +€220 | +5.5% |
| Trade debts | 44 | €10,007 | €6,681 | -€3,326 | -33.2% |
| Suppliers | 440/4 | €10,007 | €6,681 | -€3,326 | -33.2% |
| Taxes, remuneration and social security | 45 | €17,511 | €18,603 | +€1,093 | +6.2% |
| Taxes | 450/3 | €17,511 | €18,603 | +€1,093 | +6.2% |
| Other amounts payable | 47/48 | €1,286 | €1,877 | +€591 | +45.9% |
| Non-recurring operating income | 76A | €462 | - | -€462 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,353 | €5,448 | +€1,095 | +25.2% |
| Other operating charges | 640/8 | €4,686 | €3,643 | -€1,043 | -22.3% |
| Non-recurring operating charges | 66A | €555 | - | -€555 | |
| Gross operating margin | 9900 | €29,383 | €30,390 | +€1,007 | +3.4% |
| Operating profit (loss) | 9901 | €19,789 | €21,299 | +€1,509 | +7.6% |
| Financial income | 75/76B | - | €127 | +€127 | |
| Recurring financial income | 75 | - | €127 | +€127 | |
| Financial charges | 65/66B | €2,251 | €2,516 | +€265 | +11.8% |
| Recurring financial charges | 65 | €2,251 | €2,516 | +€265 | +11.8% |
| Profit (loss) for the period before taxes | 9903 | €17,539 | €18,909 | +€1,371 | +7.8% |
| Income taxes | 67/77 | €7,825 | €8,269 | +€444 | +5.7% |
| Profit (loss) for the period | 9904 | €9,713 | €10,640 | +€927 | +9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,713 | €10,640 | +€927 | +9.5% |
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 20 October 2026 via checked.be.