VEGAPLAN.BE: 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.
VEGAPLAN.BE
Largest movements
- Cash +€477,437
up €477,437 (+141%), from €337,552 to €814,989
mainly Current investments (+€290,207) and Receivables within one year (+€131,487)
- Current investments -€290,207
down €290,207 (-36.3%), from €800,189 to €509,982
- Receivables within one year -€131,487
down €131,487 (-34.3%), from €383,113 to €251,626
of which Trade receivables: -€132,332
- Trade debts -€55,666
down €55,666 (-47.5%), from €117,085 to €61,419
- Profit (loss) carried forward +€47,938
up €47,938 (+4.6%), from €1.1m to €1.1m
- Reserves +€28,000
up €28,000 (+9.5%), from €295,678 to €323,678
- Gross operating margin +€49,699
up €49,699 (+8.4%), from €590,964 to €640,663
- Staff costs +€18,178
up €18,178 (+3.5%), from €518,687 to €536,865
- Depreciation -€10,716
down €10,716 (-27.6%), from €38,865 to €28,150
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.
Derived cash bridge
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 | €1,607,457 | €1,633,559 | +€26,102 | +1.6% |
| Fixed assets | 21/28 | €58,684 | €32,653 | -€26,031 | -44.4% |
| Intangible fixed assets | 21 | €37,708 | €23,967 | -€13,741 | -36.4% |
| Tangible fixed assets | 22/27 | €20,976 | €8,686 | -€12,290 | -58.6% |
| Furniture and vehicles | 24 | €8,496 | €6,656 | -€1,840 | -21.7% |
| Other tangible fixed assets | 26 | €12,479 | €2,029 | -€10,450 | -83.7% |
| Current assets | 29/58 | €1,548,773 | €1,600,906 | +€52,133 | +3.4% |
| Amounts receivable within one year | 40/41 | €383,113 | €251,626 | -€131,487 | -34.3% |
| Trade receivables | 40 | €368,209 | €235,877 | -€132,332 | -35.9% |
| Other amounts receivable | 41 | €14,905 | €15,750 | +€845 | +5.7% |
| Current investments | 50/53 | €800,189 | €509,982 | -€290,207 | -36.3% |
| Cash at bank and in hand | 54/58 | €337,552 | €814,989 | +€477,437 | +141% |
| Deferred charges and accrued income | 490/1 | €27,919 | €24,309 | -€3,610 | -12.9% |
| Total equity and liabilities | 10/49 | €1,607,457 | €1,633,559 | +€26,102 | +1.6% |
| Equity | 10/15 | €1,375,084 | €1,451,022 | +€75,938 | +5.5% |
| Contributions | 10/11 | €28,250 | €28,250 | = | 0.0% |
| Capital | 10 | €28,250 | €28,250 | = | 0.0% |
| Reserves | 13 | €295,678 | €323,678 | +€28,000 | +9.5% |
| Profit (loss) carried forward | 14 | €1,051,156 | €1,099,093 | +€47,938 | +4.6% |
| Amounts payable | 17/49 | €232,373 | €182,537 | -€49,836 | -21.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €220,947 | €164,190 | -€56,757 | -25.7% |
| Current portion of amounts payable after more than one year | 42 | €3,388 | €0 | -€3,388 | -100% |
| Trade debts | 44 | €117,085 | €61,419 | -€55,666 | -47.5% |
| Suppliers | 440/4 | €117,085 | €61,419 | -€55,666 | -47.5% |
| Taxes, remuneration and social security | 45 | €100,474 | €102,772 | +€2,297 | +2.3% |
| Taxes | 450/3 | €45,875 | €47,471 | +€1,596 | +3.5% |
| Remuneration and social security | 454/9 | €54,599 | €55,300 | +€701 | +1.3% |
| Accrued charges and deferred income | 492/3 | €11,426 | €18,346 | +€6,921 | +60.6% |
| Remuneration, social security and pensions | 62 | €518,687 | €536,865 | +€18,178 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,865 | €28,150 | -€10,716 | -27.6% |
| Other operating charges | 640/8 | €4,176 | €2,493 | -€1,683 | -40.3% |
| Non-recurring operating charges | 66A | - | €442 | +€442 | |
| Gross operating margin | 9900 | €590,964 | €640,663 | +€49,699 | +8.4% |
| Operating profit (loss) | 9901 | €29,235 | €72,714 | +€43,478 | +149% |
| Financial income | 75/76B | €15,611 | €11,894 | -€3,717 | -23.8% |
| Recurring financial income | 75 | €15,611 | €11,894 | -€3,717 | -23.8% |
| Financial charges | 65/66B | €1,738 | €3,879 | +€2,141 | +123% |
| Recurring financial charges | 65 | €1,738 | €3,879 | +€2,141 | +123% |
| Profit (loss) for the period before taxes | 9903 | €43,109 | €80,729 | +€37,620 | +87.3% |
| Income taxes | 67/77 | €232 | €4,791 | +€4,559 | +1,969% |
| Profit (loss) for the period | 9904 | €42,877 | €75,938 | +€33,061 | +77.1% |
| Profit (loss) for the period to be appropriated | 9905 | €42,877 | €75,938 | +€33,061 | +77.1% |
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 15 October 2026 via checked.be.