VEDEPREDIS: 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.
VEDEPREDIS
Largest movements
- Cash +€17,879
up €17,879 (+43.5%), from €41,147 to €59,026
mainly Net result for the year (+€35,489) and Depreciation (+€460)
- Reserves +€35,489
up €35,489 (+112.1%), from €31,661 to €67,150
- Tax, wage and social debts -€17,176
down €17,176 (-74.8%), from €22,968 to €5,793
of which Taxes: -€11,209
- Gross operating margin +€3,922
up €3,922 (+8.8%), from €44,700 to €48,622
- Taxes +€1,150
up €1,150 (+14.5%), from €7,915 to €9,066
- Depreciation -€699
down €699 (-60.3%), from €1,159 to €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.
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 | €58,248 | €76,626 | +€18,378 | +31.6% |
| Fixed assets | 21/28 | €435 | €1,032 | +€597 | +137.3% |
| Tangible fixed assets | 22/27 | €435 | €1,032 | +€597 | +137.3% |
| Furniture and vehicles | 24 | €435 | €1,032 | +€597 | +137.3% |
| Current assets | 29/58 | €57,813 | €75,594 | +€17,781 | +30.8% |
| Amounts receivable within one year | 40/41 | €16,154 | €15,852 | -€302 | -1.9% |
| Trade receivables | 40 | €16,154 | €15,849 | -€305 | -1.9% |
| Other amounts receivable | 41 | - | €3 | +€3 | |
| Cash at bank and in hand | 54/58 | €41,147 | €59,026 | +€17,879 | +43.5% |
| Deferred charges and accrued income | 490/1 | €513 | €717 | +€203 | +39.6% |
| Total equity and liabilities | 10/49 | €58,248 | €76,626 | +€18,378 | +31.6% |
| Equity | 10/15 | €34,161 | €69,650 | +€35,489 | +103.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €31,661 | €67,150 | +€35,489 | +112.1% |
| Distributable reserves | 133 | €31,661 | €67,150 | +€35,489 | +112.1% |
| Amounts payable | 17/49 | €24,087 | €6,975 | -€17,111 | -71.0% |
| Amounts payable within one year | 42/48 | €24,087 | €6,975 | -€17,111 | -71.0% |
| Trade debts | 44 | €1,118 | €1,183 | +€65 | +5.8% |
| Suppliers | 440/4 | €1,118 | €1,183 | +€65 | +5.8% |
| Taxes, remuneration and social security | 45 | €22,968 | €5,793 | -€17,176 | -74.8% |
| Taxes | 450/3 | €17,001 | €5,793 | -€11,209 | -65.9% |
| Remuneration and social security | 454/9 | €5,967 | €0 | -€5,967 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,159 | €460 | -€699 | -60.3% |
| Other operating charges | 640/8 | €409 | €242 | -€167 | -40.8% |
| Gross operating margin | 9900 | €44,700 | €48,622 | +€3,922 | +8.8% |
| Operating profit (loss) | 9901 | €43,132 | €47,920 | +€4,788 | +11.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,556 | €3,365 | -€190 | -5.3% |
| Recurring financial charges | 65 | €3,556 | €3,365 | -€190 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | €39,577 | €44,554 | +€4,978 | +12.6% |
| Income taxes | 67/77 | €7,915 | €9,066 | +€1,150 | +14.5% |
| Profit (loss) for the period | 9904 | €31,661 | €35,489 | +€3,828 | +12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €31,661 | €35,489 | +€3,828 | +12.1% |
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 4 October 2026 via checked.be.