VEDECA: 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.
VEDECA
Largest movements
- Financial fixed assets -€14,775
down €14,775 (-1.5%), from €978,081 to €963,306
- Cash +€13,156
up €13,156 (+936%), from €1,406 to €14,562
mainly Net result for the year (+€139,590) and Investment in fixed assets (net) (+€14,775)
- Other debts -€141,208
down €141,208 (-15.8%), from €893,923 to €752,715
- Profit (loss) carried forward +€139,590
up €139,590, from -€33,037 to €106,552
- Financial income +€141,208
new in 2025: €141,208
of which Financial income: +€141,208
- Gross operating margin +€8,665
up €8,665 (+84.6%), from -€10,238 to -€1,573
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 | €979,486 | €977,867 | -€1,619 | -0.2% |
| Fixed assets | 21/28 | €978,081 | €963,306 | -€14,775 | -1.5% |
| Financial fixed assets | 28 | €978,081 | €963,306 | -€14,775 | -1.5% |
| Current assets | 29/58 | €1,406 | €14,562 | +€13,156 | +936% |
| Cash at bank and in hand | 54/58 | €1,406 | €14,562 | +€13,156 | +936% |
| Total equity and liabilities | 10/49 | €979,486 | €977,867 | -€1,619 | -0.2% |
| Equity | 10/15 | €85,563 | €225,152 | +€139,590 | +163% |
| Contributions | 10/11 | €118,600 | €118,600 | = | 0.0% |
| Capital | 10 | €118,600 | €118,600 | = | 0.0% |
| Issued capital | 100 | €118,600 | €118,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,037 | €106,552 | +€139,590 | |
| Amounts payable | 17/49 | €893,923 | €752,715 | -€141,208 | -15.8% |
| Amounts payable within one year | 42/48 | €893,923 | €752,715 | -€141,208 | -15.8% |
| Other amounts payable | 47/48 | €893,923 | €752,715 | -€141,208 | -15.8% |
| Gross operating margin | 9900 | -€10,238 | -€1,573 | +€8,665 | +84.6% |
| Operating profit (loss) | 9901 | -€10,238 | -€1,573 | +€8,665 | +84.6% |
| Financial income | 75/76B | - | €141,208 | +€141,208 | |
| Recurring financial income | 75 | - | €141,208 | +€141,208 | |
| Non-recurring financial income | 76B | - | €141,208 | +€141,208 | |
| Financial charges | 65/66B | €48 | €46 | -€1 | -2.6% |
| Recurring financial charges | 65 | €48 | €46 | -€1 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,285 | €139,590 | +€149,875 | |
| Profit (loss) for the period | 9904 | -€10,285 | €139,590 | +€149,875 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,285 | €139,590 | +€149,875 |
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 13 October 2026 via checked.be.