Vedavar: 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.
Vedavar
Largest movements
- Tangible fixed assets -€23,726
down €23,726 (-1.8%), from €1.3m to €1.3m
of which Land and buildings: -€27,243
- Trade debts -€35,522
down €35,522 (-98.9%), from €35,923 to €401
- Profit (loss) carried forward +€13,162
up €13,162 (+7.8%), from -€168,759 to -€155,597
- Depreciation -€145,530
down €145,530 (-80.8%), from €180,009 to €34,479
- Gross operating margin +€41,732
up €41,732 (+278.8%), from €14,968 to €56,699
- Other operating charges +€5,153
up €5,153 (+150.8%), from €3,417 to €8,571
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 | €1,303,240 | €1,286,624 | -€16,616 | -1.3% |
| Fixed assets | 21/28 | €1,296,040 | €1,272,314 | -€23,726 | -1.8% |
| Tangible fixed assets | 22/27 | €1,296,040 | €1,272,314 | -€23,726 | -1.8% |
| Land and buildings | 22 | €1,268,463 | €1,241,221 | -€27,243 | -2.1% |
| Plant, machinery and equipment | 23 | - | €9,877 | +€9,877 | |
| Furniture and vehicles | 24 | €27,577 | €21,217 | -€6,360 | -23.1% |
| Current assets | 29/58 | €7,200 | €14,310 | +€7,109 | +98.7% |
| Amounts receivable within one year | 40/41 | €68 | €0 | -€68 | -100.0% |
| Trade receivables | 40 | €68 | €0 | -€68 | -100.0% |
| Cash at bank and in hand | 54/58 | €6,926 | €14,245 | +€7,319 | +105.7% |
| Deferred charges and accrued income | 490/1 | €207 | €65 | -€141 | -68.5% |
| Total equity and liabilities | 10/49 | €1,303,240 | €1,286,624 | -€16,616 | -1.3% |
| Equity | 10/15 | -€165,759 | -€152,597 | +€13,162 | +7.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€168,759 | -€155,597 | +€13,162 | +7.8% |
| Amounts payable | 17/49 | €1,468,999 | €1,439,221 | -€29,778 | -2.0% |
| Amounts payable within one year | 42/48 | €1,468,999 | €1,439,221 | -€29,778 | -2.0% |
| Trade debts | 44 | €35,923 | €401 | -€35,522 | -98.9% |
| Suppliers | 440/4 | €35,923 | €401 | -€35,522 | -98.9% |
| Taxes, remuneration and social security | 45 | €390 | €2,020 | +€1,630 | +417.7% |
| Taxes | 450/3 | €390 | €2,020 | +€1,630 | +417.7% |
| Other amounts payable | 47/48 | €1,432,686 | €1,436,800 | +€4,115 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €180,009 | €34,479 | -€145,530 | -80.8% |
| Other operating charges | 640/8 | €3,417 | €8,571 | +€5,153 | +150.8% |
| Gross operating margin | 9900 | €14,968 | €56,699 | +€41,732 | +278.8% |
| Operating profit (loss) | 9901 | -€168,459 | €13,650 | +€182,109 | |
| Financial income | 75/76B | - | €30 | +€30 | |
| Recurring financial income | 75 | - | €30 | +€30 | |
| Financial charges | 65/66B | €299 | €258 | -€41 | -13.8% |
| Recurring financial charges | 65 | €299 | €190 | -€109 | -36.5% |
| Non-recurring financial charges | 66B | - | €68 | +€68 | |
| Profit (loss) for the period before taxes | 9903 | -€168,759 | €13,422 | +€182,180 | |
| Income taxes | 67/77 | - | €260 | +€260 | |
| Profit (loss) for the period | 9904 | -€168,759 | €13,162 | +€181,920 | |
| Profit (loss) for the period to be appropriated | 9905 | -€168,759 | €13,162 | +€181,920 |
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.