VEGA & CO: 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.
VEGA & CO
Largest movements
- Tangible fixed assets -€17,704
down €17,704 (-25.9%), from €68,274 to €50,570
of which Furniture and vehicles: -€22,393
- Cash +€16,292
up €16,292 (+52.7%), from €30,894 to €47,186
mainly Depreciation (+€26,365) and Net result for the year (+€21,383)
- Receivables within one year +€5,114
up €5,114 (+14.8%), from €34,609 to €39,723
of which Other amounts receivable: +€9,397
- Intangible fixed assets -€2,800
down €2,800 (-12.5%), from €22,400 to €19,600
- Profit (loss) carried forward +€21,383
up €21,383 (+31.4%), from €68,133 to €89,516
- Debts after one year -€14,808
down €14,808 (-42.2%), from €35,065 to €20,257
- Other debts -€4,646
down €4,646 (-82.9%), from €5,606 to €960
- Depreciation +€11,972
up €11,972 (+83.2%), from €14,393 to €26,365
- Gross operating margin +€5,524
up €5,524 (+9.8%), from €56,163 to €61,687
- Financial charges +€1,940
up €1,940 (+250%), from €776 to €2,717
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.
Derived cash bridge
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 | €156,177 | €157,380 | +€1,202 | +0.8% |
| Fixed assets | 21/28 | €90,674 | €70,470 | -€20,204 | -22.3% |
| Intangible fixed assets | 21 | €22,400 | €19,600 | -€2,800 | -12.5% |
| Tangible fixed assets | 22/27 | €68,274 | €50,570 | -€17,704 | -25.9% |
| Plant, machinery and equipment | 23 | - | €4,689 | +€4,689 | |
| Furniture and vehicles | 24 | €68,274 | €45,881 | -€22,393 | -32.8% |
| Financial fixed assets | 28 | - | €300 | +€300 | |
| Current assets | 29/58 | €65,504 | €86,910 | +€21,406 | +32.7% |
| Amounts receivable within one year | 40/41 | €34,609 | €39,723 | +€5,114 | +14.8% |
| Trade receivables | 40 | €22,661 | €18,378 | -€4,283 | -18.9% |
| Other amounts receivable | 41 | €11,949 | €21,346 | +€9,397 | +78.6% |
| Cash at bank and in hand | 54/58 | €30,894 | €47,186 | +€16,292 | +52.7% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €156,177 | €157,380 | +€1,202 | +0.8% |
| Equity | 10/15 | €78,133 | €99,516 | +€21,383 | +27.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,133 | €89,516 | +€21,383 | +31.4% |
| Amounts payable | 17/49 | €78,045 | €57,864 | -€20,181 | -25.9% |
| Amounts payable after more than one year | 17 | €35,065 | €20,257 | -€14,808 | -42.2% |
| Financial debts | 170/4 | €35,065 | €20,257 | -€14,808 | -42.2% |
| Amounts payable within one year | 42/48 | €42,980 | €37,607 | -€5,373 | -12.5% |
| Current portion of amounts payable after more than one year | 42 | €14,121 | €14,808 | +€687 | +4.9% |
| Taxes, remuneration and social security | 45 | €23,254 | €21,839 | -€1,415 | -6.1% |
| Taxes | 450/3 | €20,922 | €16,507 | -€4,415 | -21.1% |
| Remuneration and social security | 454/9 | €2,332 | €5,332 | +€3,000 | +129% |
| Other amounts payable | 47/48 | €5,606 | €960 | -€4,646 | -82.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,393 | €26,365 | +€11,972 | +83.2% |
| Other operating charges | 640/8 | €3,047 | €3,376 | +€329 | +10.8% |
| Gross operating margin | 9900 | €56,163 | €61,687 | +€5,524 | +9.8% |
| Operating profit (loss) | 9901 | €38,723 | €31,946 | -€6,777 | -17.5% |
| Financial charges | 65/66B | €776 | €2,717 | +€1,940 | +250% |
| Recurring financial charges | 65 | €776 | €2,717 | +€1,940 | +250% |
| Profit (loss) for the period before taxes | 9903 | €37,946 | €29,229 | -€8,717 | -23.0% |
| Income taxes | 67/77 | €8,083 | €7,846 | -€237 | -2.9% |
| Profit (loss) for the period | 9904 | €29,864 | €21,383 | -€8,480 | -28.4% |
| Profit (loss) for the period to be appropriated | 9905 | €29,864 | €21,383 | -€8,480 | -28.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.