VeeZuvius: 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.
VeeZuvius
Largest movements
- Cash +€23,969
up €23,969 (+119.5%), from €20,061 to €44,030
mainly Net result for the year (+€21,731) and Other debts (+€12,776)
- Tangible fixed assets +€6,829
new in 2025: €6,829
of which Furniture and vehicles: +€5,562
- Reserves +€21,731
up €21,731 (+139.1%), from €15,624 to €37,355
- Other debts +€12,776
up €12,776 (+213.7%), from €5,978 to €18,754
- Trade debts -€3,779
down €3,779 (-74.7%), from €5,057 to €1,277
- Gross operating margin +€7,272
up €7,272 (+35.6%), from €20,430 to €27,702
- Taxes +€1,449
up €1,449 (+34.8%), from €4,161 to €5,610
- Financial income +€661
new in 2025: €661
- Depreciation +€396
new in 2025: €396
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 | €39,589 | €70,699 | +€31,110 | +78.6% |
| Fixed assets | 21/28 | - | €6,829 | +€6,829 | |
| Tangible fixed assets | 22/27 | - | €6,829 | +€6,829 | |
| Furniture and vehicles | 24 | - | €5,562 | +€5,562 | |
| Other tangible fixed assets | 26 | - | €1,267 | +€1,267 | |
| Current assets | 29/58 | €39,589 | €63,870 | +€24,281 | +61.3% |
| Amounts receivable within one year | 40/41 | €19,328 | €19,840 | +€512 | +2.7% |
| Trade receivables | 40 | €18,489 | €19,302 | +€813 | +4.4% |
| Other amounts receivable | 41 | €839 | €538 | -€301 | -35.8% |
| Cash at bank and in hand | 54/58 | €20,061 | €44,030 | +€23,969 | +119.5% |
| Deferred charges and accrued income | 490/1 | €200 | €0 | -€200 | -100.0% |
| Total equity and liabilities | 10/49 | €39,589 | €70,699 | +€31,110 | +78.6% |
| Equity | 10/15 | €20,624 | €42,355 | +€21,731 | +105.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €15,624 | €37,355 | +€21,731 | +139.1% |
| Distributable reserves | 133 | €15,624 | €37,355 | +€21,731 | +139.1% |
| Amounts payable | 17/49 | €18,965 | €28,344 | +€9,379 | +49.5% |
| Amounts payable within one year | 42/48 | €18,965 | €28,344 | +€9,379 | +49.5% |
| Trade debts | 44 | €5,057 | €1,277 | -€3,779 | -74.7% |
| Suppliers | 440/4 | €5,057 | €1,277 | -€3,779 | -74.7% |
| Taxes, remuneration and social security | 45 | €7,930 | €8,312 | +€382 | +4.8% |
| Taxes | 450/3 | €5,680 | €8,312 | +€2,632 | +46.3% |
| Remuneration and social security | 454/9 | €2,250 | €0 | -€2,250 | -100.0% |
| Other amounts payable | 47/48 | €5,978 | €18,754 | +€12,776 | +213.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €396 | +€396 | |
| Other operating charges | 640/8 | €487 | €562 | +€74 | +15.3% |
| Gross operating margin | 9900 | €20,430 | €27,702 | +€7,272 | +35.6% |
| Operating profit (loss) | 9901 | €19,942 | €26,744 | +€6,802 | +34.1% |
| Financial income | 75/76B | - | €661 | +€661 | |
| Recurring financial income | 75 | - | €661 | +€661 | |
| Financial charges | 65/66B | €157 | €63 | -€93 | -59.6% |
| Recurring financial charges | 65 | €157 | €63 | -€93 | -59.6% |
| Profit (loss) for the period before taxes | 9903 | €19,785 | €27,342 | +€7,556 | +38.2% |
| Income taxes | 67/77 | €4,161 | €5,610 | +€1,449 | +34.8% |
| Profit (loss) for the period | 9904 | €15,624 | €21,731 | +€6,108 | +39.1% |
| Profit (loss) for the period to be appropriated | 9905 | €15,624 | €21,731 | +€6,108 | +39.1% |
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 12 October 2026 via checked.be.