Veerdienst: 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.
Veerdienst
Largest movements
- Cash +€38,802
up €38,802 (+36.5%), from €106,424 to €145,226
mainly Net result for the year (+€97,839) and Trade debts (+€3,597)
- Tangible fixed assets +€6,506
up €6,506 (+104.3%), from €6,240 to €12,747
of which Plant, machinery and equipment: +€8,497
- Reserves +€46,590
up €46,590 (+69.6%), from €66,926 to €113,516
- Other debts -€5,894
down €5,894 (-10.3%), from €57,143 to €51,249
- Trade debts +€3,597
up €3,597 (+58.3%), from €6,168 to €9,765
- Gross operating margin +€5,634
up €5,634 (+3.6%), from €155,036 to €160,670
- Taxes +€2,445
up €2,445 (+7.5%), from €32,526 to €34,970
- Depreciation +€1,984
up €1,984 (+295.0%), from €673 to €2,657
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 | €152,705 | €198,617 | +€45,912 | +30.1% |
| Fixed assets | 21/28 | €6,240 | €12,747 | +€6,506 | +104.3% |
| Tangible fixed assets | 22/27 | €6,240 | €12,747 | +€6,506 | +104.3% |
| Plant, machinery and equipment | 23 | €930 | €9,427 | +€8,497 | +913.5% |
| Furniture and vehicles | 24 | €5,310 | €3,319 | -€1,991 | -37.5% |
| Current assets | 29/58 | €146,465 | €185,870 | +€39,406 | +26.9% |
| Amounts receivable within one year | 40/41 | €32,781 | €33,275 | +€493 | +1.5% |
| Trade receivables | 40 | €32,736 | €33,230 | +€493 | +1.5% |
| Other amounts receivable | 41 | €45 | €45 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €106,424 | €145,226 | +€38,802 | +36.5% |
| Deferred charges and accrued income | 490/1 | €7,259 | €7,369 | +€110 | +1.5% |
| Total equity and liabilities | 10/49 | €152,705 | €198,617 | +€45,912 | +30.1% |
| Equity | 10/15 | €67,323 | €113,913 | +€46,590 | +69.2% |
| Reserves | 13 | €66,926 | €113,516 | +€46,590 | +69.6% |
| Distributable reserves | 133 | €66,926 | €113,516 | +€46,590 | +69.6% |
| Profit (loss) carried forward | 14 | €397 | €397 | = | 0.0% |
| Amounts payable | 17/49 | €85,383 | €84,704 | -€678 | -0.8% |
| Amounts payable within one year | 42/48 | €84,685 | €83,991 | -€694 | -0.8% |
| Trade debts | 44 | €6,168 | €9,765 | +€3,597 | +58.3% |
| Suppliers | 440/4 | €6,168 | €9,765 | +€3,597 | +58.3% |
| Taxes, remuneration and social security | 45 | €21,373 | €22,976 | +€1,603 | +7.5% |
| Taxes | 450/3 | €13,661 | €15,374 | +€1,713 | +12.5% |
| Remuneration and social security | 454/9 | €7,712 | €7,602 | -€110 | -1.4% |
| Other amounts payable | 47/48 | €57,143 | €51,249 | -€5,894 | -10.3% |
| Accrued charges and deferred income | 492/3 | €698 | €714 | +€16 | +2.2% |
| Remuneration, social security and pensions | 62 | €22,712 | €23,982 | +€1,271 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €673 | €2,657 | +€1,984 | +295.0% |
| Other operating charges | 640/8 | €618 | €788 | +€171 | +27.7% |
| Gross operating margin | 9900 | €155,036 | €160,670 | +€5,634 | +3.6% |
| Operating profit (loss) | 9901 | €131,034 | €133,243 | +€2,209 | +1.7% |
| Financial income | 75/76B | €127 | €341 | +€214 | +169.0% |
| Recurring financial income | 75 | €127 | €341 | +€214 | +169.0% |
| Financial charges | 65/66B | €1,067 | €774 | -€293 | -27.5% |
| Recurring financial charges | 65 | €1,067 | €774 | -€293 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | €130,094 | €132,810 | +€2,716 | +2.1% |
| Income taxes | 67/77 | €32,526 | €34,970 | +€2,445 | +7.5% |
| Profit (loss) for the period | 9904 | €97,569 | €97,839 | +€271 | +0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €97,569 | €97,839 | +€271 | +0.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.