VEGAMAT: 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.
VEGAMAT
Largest movements
- Stocks and contracts +€46,854
new in 2024: €46,854
- Receivables within one year +€46,793
up €46,793 (+419.6%), from €11,153 to €57,946
of which Trade receivables: +€49,890
- Cash +€1,442
up €1,442 (+6551.5%), from €22 to €1,464
mainly Trade debts (+€69,463) and Other debts (+€25,261)
- Trade debts +€69,463
up €69,463 (+3234.2%), from €2,148 to €71,611
- Other debts +€25,261
up €25,261 (+58.7%), from €43,064 to €68,325
- Profit (loss) carried forward -€8,929
down €8,929 (-33.0%), from -€27,050 to -€35,979
- Tax, wage and social debts +€4,794
new in 2024: €4,794
- Advances received +€4,558
new in 2024: €4,558
- Purchases and services +€183,797
new in 2024: €183,797
- Turnover +€182,440
new in 2024: €182,440
- Gross operating margin -€16,871
down €16,871, from €15,514 to -€1,357
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 | €28,162 | €123,309 | +€95,147 | +337.9% |
| Fixed assets | 21/28 | €16,987 | €17,045 | +€58 | +0.3% |
| Tangible fixed assets | 22/27 | €16,807 | €16,865 | +€58 | +0.3% |
| Furniture and vehicles | 24 | €16,807 | €16,865 | +€58 | +0.3% |
| Financial fixed assets | 28 | €180 | €180 | = | 0.0% |
| Current assets | 29/58 | €11,175 | €106,264 | +€95,089 | +850.9% |
| Stocks and contracts in progress | 3 | - | €46,854 | +€46,854 | |
| Stocks | 30/36 | - | €46,854 | +€46,854 | |
| Amounts receivable within one year | 40/41 | €11,153 | €57,946 | +€46,793 | +419.6% |
| Trade receivables | 40 | €7,156 | €57,046 | +€49,890 | +697.2% |
| Other amounts receivable | 41 | €3,997 | €900 | -€3,097 | -77.5% |
| Cash at bank and in hand | 54/58 | €22 | €1,464 | +€1,442 | +6551.5% |
| Total equity and liabilities | 10/49 | €28,162 | €123,309 | +€95,147 | +337.9% |
| Equity | 10/15 | -€17,050 | -€25,979 | -€8,929 | -52.4% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,050 | -€35,979 | -€8,929 | -33.0% |
| Amounts payable | 17/49 | €45,212 | €149,288 | +€104,076 | +230.2% |
| Amounts payable within one year | 42/48 | €45,212 | €149,288 | +€104,076 | +230.2% |
| Trade debts | 44 | €2,148 | €71,611 | +€69,463 | +3234.2% |
| Suppliers | 440/4 | €2,148 | €71,611 | +€69,463 | +3234.2% |
| Advances received on contracts in progress | 46 | - | €4,558 | +€4,558 | |
| Taxes, remuneration and social security | 45 | - | €4,794 | +€4,794 | |
| Taxes | 450/3 | - | €4,794 | +€4,794 | |
| Other amounts payable | 47/48 | €43,064 | €68,325 | +€25,261 | +58.7% |
| Turnover | 70 | - | €182,440 | +€182,440 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €183,797 | +€183,797 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,789 | €5,727 | -€62 | -1.1% |
| Other operating charges | 640/8 | €2,682 | €1,685 | -€997 | -37.2% |
| Gross operating margin | 9900 | €15,514 | -€1,357 | -€16,871 | |
| Operating profit (loss) | 9901 | €7,044 | -€8,769 | -€15,813 | |
| Financial income | 75/76B | €21 | €9 | -€12 | -56.2% |
| Recurring financial income | 75 | €21 | €9 | -€12 | -56.2% |
| Financial charges | 65/66B | €162 | €169 | +€7 | +4.6% |
| Recurring financial charges | 65 | €162 | €169 | +€7 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | €6,903 | -€8,929 | -€15,832 | |
| Profit (loss) for the period | 9904 | €6,903 | -€8,929 | -€15,832 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,903 | -€8,929 | -€15,832 |
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 12 October 2026 via checked.be.