Vedeva: 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.
Vedeva
Largest movements
- Current investments -€52,225
down €52,225 (-63.7%), from €81,940 to €29,715
- Cash -€22,082
down €22,082 (-57.2%), from €38,625 to €16,543
mainly Contributions, distributions and other (-€115,000) and Tax, wage and social debts (-€21,336)
- Tangible fixed assets -€15,990
down €15,990 (-46.9%), from €34,110 to €18,120
of which Plant, machinery and equipment: -€8,484
- Receivables within one year -€13,103
down €13,103 (-100.0%), from €13,103 to €0
of which Other amounts receivable: -€11,799
- Reserves -€114,823
down €114,823 (-77.9%), from €147,340 to €32,517
- Other debts +€23,043
new in 2025: €23,043
- Tax, wage and social debts -€21,336
down €21,336 (-88.8%), from €24,030 to €2,694
of which Taxes: -€21,325
- Profit (loss) carried forward +€7,255
up €7,255, from -€7,255 to €0
- Financial income +€32,573
up €32,573 (+6130.1%), from €531 to €33,105
- Gross operating margin -€23,592
down €23,592, from €7,221 to -€16,371
- Depreciation -€5,044
down €5,044 (-38.5%), from €13,113 to €8,069
- Taxes -€1,623
down €1,623 (-93.0%), from €1,745 to €123
- Other operating charges +€894
up €894 (+757.3%), from €118 to €1,012
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 | €169,778 | €64,377 | -€105,400 | -62.1% |
| Fixed assets | 21/28 | €34,610 | €18,120 | -€16,490 | -47.6% |
| Tangible fixed assets | 22/27 | €34,110 | €18,120 | -€15,990 | -46.9% |
| Plant, machinery and equipment | 23 | €18,691 | €10,207 | -€8,484 | -45.4% |
| Furniture and vehicles | 24 | €15,419 | €7,913 | -€7,506 | -48.7% |
| Financial fixed assets | 28 | €500 | €0 | -€500 | -100.0% |
| Current assets | 29/58 | €135,168 | €46,258 | -€88,911 | -65.8% |
| Amounts receivable within one year | 40/41 | €13,103 | €0 | -€13,103 | -100.0% |
| Trade receivables | 40 | €1,304 | €0 | -€1,304 | -100.0% |
| Other amounts receivable | 41 | €11,799 | €0 | -€11,799 | -100.0% |
| Current investments | 50/53 | €81,940 | €29,715 | -€52,225 | -63.7% |
| Cash at bank and in hand | 54/58 | €38,625 | €16,543 | -€22,082 | -57.2% |
| Deferred charges and accrued income | 490/1 | €1,500 | €0 | -€1,500 | -100.0% |
| Total equity and liabilities | 10/49 | €169,778 | €64,377 | -€105,400 | -62.1% |
| Equity | 10/15 | €143,085 | €35,517 | -€107,568 | -75.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €147,340 | €32,517 | -€114,823 | -77.9% |
| Distributable reserves | 133 | €147,340 | €32,517 | -€114,823 | -77.9% |
| Profit (loss) carried forward | 14 | -€7,255 | €0 | +€7,255 | |
| Amounts payable | 17/49 | €26,693 | €28,861 | +€2,168 | +8.1% |
| Amounts payable within one year | 42/48 | €26,693 | €28,861 | +€2,168 | +8.1% |
| Trade debts | 44 | €2,662 | €3,124 | +€462 | +17.3% |
| Suppliers | 440/4 | €2,662 | €3,124 | +€462 | +17.3% |
| Taxes, remuneration and social security | 45 | €24,030 | €2,694 | -€21,336 | -88.8% |
| Taxes | 450/3 | €24,020 | €2,694 | -€21,325 | -88.8% |
| Remuneration and social security | 454/9 | €11 | €0 | -€11 | -100.0% |
| Other amounts payable | 47/48 | - | €23,043 | +€23,043 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,113 | €8,069 | -€5,044 | -38.5% |
| Other operating charges | 640/8 | €118 | €1,012 | +€894 | +757.3% |
| Gross operating margin | 9900 | €7,221 | -€16,371 | -€23,592 | |
| Operating profit (loss) | 9901 | -€6,010 | -€25,451 | -€19,441 | -323.5% |
| Financial income | 75/76B | €531 | €33,105 | +€32,573 | +6130.1% |
| Recurring financial income | 75 | €531 | €33,105 | +€32,573 | +6130.1% |
| Financial charges | 65/66B | €30 | €99 | +€69 | +226.6% |
| Recurring financial charges | 65 | €30 | €99 | +€69 | +226.6% |
| Profit (loss) for the period before taxes | 9903 | -€5,509 | €7,554 | +€13,063 | |
| Income taxes | 67/77 | €1,745 | €123 | -€1,623 | -93.0% |
| Profit (loss) for the period | 9904 | -€7,255 | €7,432 | +€14,686 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,255 | €7,432 | +€14,686 |
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 8 October 2026 via checked.be.