VEDECO: 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.
VEDECO
Largest movements
- Tangible fixed assets -€10,876
down €10,876 (-6.5%), from €166,885 to €156,009
of which Land and buildings: -€6,878
- Profit (loss) carried forward -€6,409
down €6,409, from €450 to -€5,959
- Other debts -€4,791
down €4,791 (-8.4%), from €56,963 to €52,172
- Gross operating margin +€1,564
up €1,564 (+52.2%), from €2,998 to €4,562
- Other operating charges -€128
down €128 (-71.7%), from €178 to €50
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €170,540 | €159,840 | -€10,700 | -6.3% |
| Fixed assets | 21/28 | €166,885 | €156,009 | -€10,876 | -6.5% |
| Tangible fixed assets | 22/27 | €166,885 | €156,009 | -€10,876 | -6.5% |
| Land and buildings | 22 | €152,790 | €145,912 | -€6,878 | -4.5% |
| Furniture and vehicles | 24 | €14,095 | €10,097 | -€3,998 | -28.4% |
| Current assets | 29/58 | €3,656 | €3,831 | +€175 | +4.8% |
| Amounts receivable within one year | 40/41 | €2,029 | €2,029 | = | 0.0% |
| Other amounts receivable | 41 | €2,029 | €2,029 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €756 | €614 | -€142 | -18.8% |
| Deferred charges and accrued income | 490/1 | €871 | €1,188 | +€318 | +36.5% |
| Total equity and liabilities | 10/49 | €170,540 | €159,840 | -€10,700 | -6.3% |
| Equity | 10/15 | €107,594 | €101,185 | -€6,409 | -6.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €88,552 | €88,552 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €86,693 | €86,693 | = | 0.0% |
| Profit (loss) carried forward | 14 | €450 | -€5,959 | -€6,409 | |
| Amounts payable | 17/49 | €62,946 | €58,655 | -€4,291 | -6.8% |
| Amounts payable within one year | 42/48 | €62,946 | €58,655 | -€4,291 | -6.8% |
| Trade debts | 44 | €5,983 | €6,483 | +€500 | +8.4% |
| Suppliers | 440/4 | €5,983 | €6,483 | +€500 | +8.4% |
| Other amounts payable | 47/48 | €56,963 | €52,172 | -€4,791 | -8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,876 | €10,876 | = | 0.0% |
| Other operating charges | 640/8 | €178 | €50 | -€128 | -71.7% |
| Gross operating margin | 9900 | €2,998 | €4,562 | +€1,564 | +52.2% |
| Operating profit (loss) | 9901 | -€8,056 | -€6,364 | +€1,692 | +21.0% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€8,101 | -€6,409 | +€1,692 | +20.9% |
| Profit (loss) for the period | 9904 | -€8,101 | -€6,409 | +€1,692 | +20.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,101 | -€6,409 | +€1,692 | +20.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2023 and 30 September 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.