VEDRAN: 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.
VEDRAN
Largest movements
- Current investments -€4,239
down €4,239 (-100.0%), from €4,239 to €0
- Receivables within one year -€252
down €252 (-3.5%), from €7,219 to €6,967
of which Other amounts receivable: -€252
- Profit (loss) carried forward -€201,727
down €201,727 (-3.5%), from -€5.8m to -€6.0m
- Other debts +€194,782
up €194,782 (+3.4%), from €5.7m to €5.9m
- Trade debts +€2,372
up €2,372 (+17.4%), from €13,594 to €15,966
- Financial charges -€3,223
down €3,223 (-2.2%), from €144,243 to €141,020
- Gross operating margin -€1,853
down €1,853 (-3.2%), from -€58,453 to -€60,307
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 | €11,890 | €7,317 | -€4,573 | -38.5% |
| Current assets | 29/58 | €11,890 | €7,317 | -€4,573 | -38.5% |
| Amounts receivable within one year | 40/41 | €7,219 | €6,967 | -€252 | -3.5% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €7,219 | €6,967 | -€252 | -3.5% |
| Current investments | 50/53 | €4,239 | €0 | -€4,239 | -100.0% |
| Cash at bank and in hand | 54/58 | €432 | €350 | -€82 | -19.0% |
| Total equity and liabilities | 10/49 | €11,890 | €7,317 | -€4,573 | -38.5% |
| Equity | 10/15 | -€5,740,627 | -€5,942,354 | -€201,727 | -3.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,808,827 | -€6,010,554 | -€201,727 | -3.5% |
| Amounts payable | 17/49 | €5,752,517 | €5,949,671 | +€197,154 | +3.4% |
| Amounts payable within one year | 42/48 | €5,752,517 | €5,949,671 | +€197,154 | +3.4% |
| Financial debts | 43 | €504 | €504 | = | 0.0% |
| Credit institutions | 430/8 | €504 | €504 | = | 0.0% |
| Trade debts | 44 | €13,594 | €15,966 | +€2,372 | +17.4% |
| Suppliers | 440/4 | €13,594 | €15,966 | +€2,372 | +17.4% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €5,738,419 | €5,933,201 | +€194,782 | +3.4% |
| Remuneration, social security and pensions | 62 | -€116 | €0 | +€116 | |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€58,453 | -€60,307 | -€1,853 | -3.2% |
| Operating profit (loss) | 9901 | -€58,724 | -€60,707 | -€1,982 | -3.4% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €144,243 | €141,020 | -€3,223 | -2.2% |
| Recurring financial charges | 65 | €144,243 | €141,020 | -€3,223 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | -€202,967 | -€201,727 | +€1,240 | +0.6% |
| Profit (loss) for the period | 9904 | -€202,967 | -€201,727 | +€1,240 | +0.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€202,967 | -€201,727 | +€1,240 | +0.6% |
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 2 October 2026 via checked.be.