VEDESK: 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.
VEDESK
Largest movements
- Receivables after one year -€83,226
down €83,226 (-41.7%), from €199,365 to €116,139
- Receivables within one year +€60,609
up €60,609 (+1,618%), from €3,747 to €64,356
of which Trade receivables: +€32,626
- Cash +€29,511
up €29,511 (+55,068%), from €54 to €29,565
mainly Receivables after one year (+€83,226) and Net result for the year (+€57,399)
- Deferred charges and accrued income +€5,834
up €5,834, from €0 to €5,834
- Other debts -€70,384
down €70,384 (-100%), from €70,384 to €0
- Profit (loss) carried forward +€57,399
up €57,399 (+58.0%), from €98,883 to €156,282
- Tax, wage and social debts +€23,573
up €23,573 (+141%), from €16,674 to €40,246
- Turnover +€137,563
new in 2025: €137,563
- Gross operating margin +€76,550
up €76,550 (+64,128%), from €119 to €76,669
- Purchases and services +€63,058
new in 2025: €63,058
- Taxes +€21,433
up €21,433 (+1,244%), from €1,722 to €23,155
- Financial income -€2,495
down €2,495 (-30.0%), from €8,329 to €5,835
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 | €203,165 | €215,892 | +€12,727 | +6.3% |
| Current assets | 29/58 | €203,165 | €215,892 | +€12,727 | +6.3% |
| Amounts receivable after more than one year | 29 | €199,365 | €116,139 | -€83,226 | -41.7% |
| Other amounts receivable | 291 | €199,365 | €116,139 | -€83,226 | -41.7% |
| Amounts receivable within one year | 40/41 | €3,747 | €64,356 | +€60,609 | +1,618% |
| Trade receivables | 40 | €3,000 | €35,626 | +€32,626 | +1,088% |
| Other amounts receivable | 41 | €747 | €28,730 | +€27,983 | +3,748% |
| Cash at bank and in hand | 54/58 | €54 | €29,565 | +€29,511 | +55,068% |
| Deferred charges and accrued income | 490/1 | €0 | €5,834 | +€5,834 | |
| Total equity and liabilities | 10/49 | €203,165 | €215,892 | +€12,727 | +6.3% |
| Equity | 10/15 | €108,883 | €166,282 | +€57,399 | +52.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €98,883 | €156,282 | +€57,399 | +58.0% |
| Amounts payable | 17/49 | €94,282 | €49,610 | -€44,672 | -47.4% |
| Amounts payable within one year | 42/48 | €94,282 | €49,610 | -€44,672 | -47.4% |
| Financial debts | 43 | - | €682 | +€682 | |
| Credit institutions | 430/8 | - | €682 | +€682 | |
| Trade debts | 44 | €7,225 | €8,682 | +€1,457 | +20.2% |
| Suppliers | 440/4 | €7,225 | €8,682 | +€1,457 | +20.2% |
| Taxes, remuneration and social security | 45 | €16,674 | €40,246 | +€23,573 | +141% |
| Taxes | 450/3 | €16,674 | €40,246 | +€23,573 | +141% |
| Other amounts payable | 47/48 | €70,384 | €0 | -€70,384 | -100% |
| Turnover | 70 | - | €137,563 | +€137,563 | |
| Non-recurring operating income | 76A | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €63,058 | +€63,058 | |
| Other operating charges | 640/8 | €1,457 | €743 | -€714 | -49.0% |
| Gross operating margin | 9900 | €119 | €76,669 | +€76,550 | +64,128% |
| Operating profit (loss) | 9901 | -€1,338 | €75,926 | +€77,264 | |
| Financial income | 75/76B | €8,329 | €5,835 | -€2,495 | -30.0% |
| Recurring financial income | 75 | €8,329 | €5,835 | -€2,495 | -30.0% |
| Financial charges | 65/66B | €1,682 | €1,207 | -€475 | -28.3% |
| Recurring financial charges | 65 | €1,682 | €1,207 | -€475 | -28.3% |
| Profit (loss) for the period before taxes | 9903 | €5,310 | €80,554 | +€75,244 | +1,417% |
| Income taxes | 67/77 | €1,722 | €23,155 | +€21,433 | +1,244% |
| Profit (loss) for the period | 9904 | €3,588 | €57,399 | +€53,811 | +1,500% |
| Profit (loss) for the period to be appropriated | 9905 | €3,588 | €57,399 | +€53,811 | +1,500% |
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 24 October 2026 via checked.be.