VEEBO: 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.
VEEBO
Largest movements
- Receivables within one year -€46,710
down €46,710 (-89.7%), from €52,086 to €5,376
of which Trade receivables: -€47,400
- Tangible fixed assets +€23,328
up €23,328 (+2315.0%), from €1,008 to €24,336
- Cash -€17,813
down €17,813 (-14.2%), from €125,261 to €107,449
mainly Investment in fixed assets (net) (-€30,000) and Trade debts (-€27,959)
- Trade debts -€27,959
down €27,959 (-75.4%), from €37,091 to €9,133
- Reserves -€13,236
down €13,236 (-16.7%), from €79,264 to €66,028
of which Distributable reserves: -€13,236
- Purchases and services +€15,265
up €15,265 (+2.9%), from €527,967 to €543,232
- Turnover +€12,655
up €12,655 (+2.4%), from €522,146 to €534,802
- Depreciation +€6,000
up €6,000 (+893.2%), from €672 to €6,672
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €179,105 | €137,910 | -€41,195 | -23.0% |
| Fixed assets | 21/28 | €1,758 | €25,086 | +€23,328 | +1327.2% |
| Tangible fixed assets | 22/27 | €1,008 | €24,336 | +€23,328 | +2315.0% |
| Furniture and vehicles | 24 | €1,008 | €24,336 | +€23,328 | +2315.0% |
| Financial fixed assets | 28 | €750 | €750 | = | 0.0% |
| Current assets | 29/58 | €177,348 | €112,825 | -€64,523 | -36.4% |
| Amounts receivable within one year | 40/41 | €52,086 | €5,376 | -€46,710 | -89.7% |
| Trade receivables | 40 | €52,085 | €4,685 | -€47,400 | -91.0% |
| Other amounts receivable | 41 | €1 | €691 | +€690 | +83145.8% |
| Cash at bank and in hand | 54/58 | €125,261 | €107,449 | -€17,813 | -14.2% |
| Total equity and liabilities | 10/49 | €179,105 | €137,910 | -€41,195 | -23.0% |
| Equity | 10/15 | €141,264 | €128,028 | -€13,236 | -9.4% |
| 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 | €79,264 | €66,028 | -€13,236 | -16.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €73,064 | €59,828 | -€13,236 | -18.1% |
| Amounts payable | 17/49 | €37,841 | €9,883 | -€27,959 | -73.9% |
| Amounts payable within one year | 42/48 | €37,841 | €9,883 | -€27,959 | -73.9% |
| Trade debts | 44 | €37,091 | €9,133 | -€27,959 | -75.4% |
| Suppliers | 440/4 | €37,091 | €9,133 | -€27,959 | -75.4% |
| Taxes, remuneration and social security | 45 | €750 | €750 | = | 0.0% |
| Taxes | 450/3 | €750 | €750 | = | 0.0% |
| Turnover | 70 | €522,146 | €534,802 | +€12,655 | +2.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €527,967 | €543,232 | +€15,265 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €672 | €6,672 | +€6,000 | +893.2% |
| Other operating charges | 640/8 | €1,296 | €1,399 | +€103 | +8.0% |
| Gross operating margin | 9900 | -€5,820 | -€5,125 | +€696 | +12.0% |
| Operating profit (loss) | 9901 | -€7,788 | -€13,195 | -€5,408 | -69.4% |
| Financial income | 75/76B | €454 | €6 | -€448 | -98.7% |
| Recurring financial income | 75 | €454 | €6 | -€448 | -98.7% |
| Financial charges | 65/66B | €97 | €46 | -€51 | -52.4% |
| Recurring financial charges | 65 | €97 | €46 | -€51 | -52.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,431 | -€13,236 | -€5,805 | -78.1% |
| Profit (loss) for the period | 9904 | -€7,431 | -€13,236 | -€5,805 | -78.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,431 | -€13,236 | -€5,805 | -78.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.