VEEBEDRIJF: 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.
VEEBEDRIJF
Largest movements
- Tangible fixed assets -€10,025
down €10,025 (-2.8%), from €354,766 to €344,741
of which Land and buildings: -€9,530
- Cash +€6,425
up €6,425 (+22.0%), from €29,160 to €35,585
mainly Depreciation (+€10,025) and Net result for the year (+€6,029)
- Debts after one year -€13,750
down €13,750 (-15.6%), from €88,337 to €74,587
- Reserves +€6,029
up €6,029 (+26.2%), from €23,047 to €29,077
of which Distributable reserves: +€6,029
- Other debts +€5,567
up €5,567 (+3.4%), from €162,106 to €167,673
- Gross operating margin +€318
up €318 (+1.0%), from €31,264 to €31,582
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 | €386,405 | €382,805 | -€3,599 | -0.9% |
| Fixed assets | 21/28 | €357,245 | €347,220 | -€10,025 | -2.8% |
| Intangible fixed assets | 21 | €2,479 | €2,479 | = | 0.0% |
| Tangible fixed assets | 22/27 | €354,766 | €344,741 | -€10,025 | -2.8% |
| Land and buildings | 22 | €353,115 | €343,586 | -€9,530 | -2.7% |
| Plant, machinery and equipment | 23 | €1,651 | €1,156 | -€495 | -30.0% |
| Current assets | 29/58 | €29,160 | €35,585 | +€6,425 | +22.0% |
| Cash at bank and in hand | 54/58 | €29,160 | €35,585 | +€6,425 | +22.0% |
| Total equity and liabilities | 10/49 | €386,405 | €382,805 | -€3,599 | -0.9% |
| Equity | 10/15 | €102,627 | €108,656 | +€6,029 | +5.9% |
| 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 | €23,047 | €29,077 | +€6,029 | +26.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €16,847 | €22,877 | +€6,029 | +35.8% |
| Profit (loss) carried forward | 14 | €17,579 | €17,579 | = | 0.0% |
| Amounts payable | 17/49 | €283,778 | €274,150 | -€9,629 | -3.4% |
| Amounts payable after more than one year | 17 | €88,337 | €74,587 | -€13,750 | -15.6% |
| Financial debts | 170/4 | €88,337 | €74,587 | -€13,750 | -15.6% |
| Amounts payable within one year | 42/48 | €195,441 | €199,563 | +€4,121 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €16,250 | €15,000 | -€1,250 | -7.7% |
| Trade debts | 44 | €13,615 | €13,456 | -€159 | -1.2% |
| Suppliers | 440/4 | €13,615 | €13,456 | -€159 | -1.2% |
| Taxes, remuneration and social security | 45 | €3,471 | €3,434 | -€37 | -1.1% |
| Taxes | 450/3 | €3,471 | €3,434 | -€37 | -1.1% |
| Other amounts payable | 47/48 | €162,106 | €167,673 | +€5,567 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,025 | €10,025 | = | 0.0% |
| Other operating charges | 640/8 | €3,060 | €3,152 | +€92 | +3.0% |
| Gross operating margin | 9900 | €31,264 | €31,582 | +€318 | +1.0% |
| Operating profit (loss) | 9901 | €18,179 | €18,405 | +€226 | +1.2% |
| Financial charges | 65/66B | €9,273 | €9,359 | +€85 | +0.9% |
| Recurring financial charges | 65 | €9,273 | €9,359 | +€85 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €8,905 | €9,046 | +€141 | +1.6% |
| Income taxes | 67/77 | €3,016 | €3,017 | +€1 | 0.0% |
| Profit (loss) for the period | 9904 | €5,890 | €6,029 | +€139 | +2.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,890 | €6,029 | +€139 | +2.4% |
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 10 October 2026 via checked.be.