Végé-table: 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.
Végé-table
Largest movements
- Tangible fixed assets -€12,419
down €12,419 (-9.4%), from €132,379 to €119,960
of which Land and buildings: -€9,788
- Cash +€10,522
up €10,522 (+97.5%), from €10,787 to €21,309
mainly Depreciation (+€12,419) and Tax, wage and social debts (+€5,968)
- Receivables within one year +€3,387
up €3,387 (+33.0%), from €10,275 to €13,662
of which Trade receivables: +€2,077
- Deferred charges and accrued income +€1,961
up €1,961 (+862.4%), from €227 to €2,189
- Debts after one year -€8,127
down €8,127 (-9.2%), from €88,593 to €80,465
- Tax, wage and social debts +€5,968
up €5,968 (+447.6%), from €1,333 to €7,301
- Other debts +€4,123
up €4,123 (+18.8%), from €21,909 to €26,032
- Trade debts +€3,133
up €3,133 (+60.9%), from €5,142 to €8,276
- Profit (loss) carried forward -€1,832
down €1,832 (-17.4%), from -€10,539 to -€12,371
- Turnover +€65,735
new in 2025: €65,735
- Purchases and services +€18,126
up €18,126 (+62.3%), from €29,100 to €47,226
- Gross operating margin -€3,808
down €3,808 (-17.1%), from €22,316 to €18,508
- Write-downs +€1,618
new in 2025: €1,618
- Depreciation +€1,049
up €1,049 (+9.2%), from €11,370 to €12,419
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 | €155,139 | €158,590 | +€3,451 | +2.2% |
| Fixed assets | 21/28 | €133,849 | €121,430 | -€12,419 | -9.3% |
| Tangible fixed assets | 22/27 | €132,379 | €119,960 | -€12,419 | -9.4% |
| Land and buildings | 22 | €124,812 | €115,024 | -€9,788 | -7.8% |
| Plant, machinery and equipment | 23 | €2,861 | €1,912 | -€949 | -33.2% |
| Furniture and vehicles | 24 | €4,706 | €3,025 | -€1,682 | -35.7% |
| Financial fixed assets | 28 | €1,470 | €1,470 | = | 0.0% |
| Current assets | 29/58 | €21,289 | €37,160 | +€15,870 | +74.5% |
| Amounts receivable within one year | 40/41 | €10,275 | €13,662 | +€3,387 | +33.0% |
| Trade receivables | 40 | €9,464 | €11,542 | +€2,077 | +21.9% |
| Other amounts receivable | 41 | €811 | €2,120 | +€1,309 | +161.5% |
| Cash at bank and in hand | 54/58 | €10,787 | €21,309 | +€10,522 | +97.5% |
| Deferred charges and accrued income | 490/1 | €227 | €2,189 | +€1,961 | +862.4% |
| Total equity and liabilities | 10/49 | €155,139 | €158,590 | +€3,451 | +2.2% |
| Equity | 10/15 | €30,221 | €28,389 | -€1,832 | -6.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €28,360 | €28,360 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €26,500 | €26,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,539 | -€12,371 | -€1,832 | -17.4% |
| Amounts payable | 17/49 | €124,918 | €130,202 | +€5,283 | +4.2% |
| Amounts payable after more than one year | 17 | €88,593 | €80,465 | -€8,127 | -9.2% |
| Financial debts | 170/4 | €88,593 | €80,465 | -€8,127 | -9.2% |
| Amounts payable within one year | 42/48 | €36,325 | €49,736 | +€13,411 | +36.9% |
| Current portion of amounts payable after more than one year | 42 | €7,941 | €8,127 | +€186 | +2.3% |
| Trade debts | 44 | €5,142 | €8,276 | +€3,133 | +60.9% |
| Suppliers | 440/4 | €5,142 | €8,276 | +€3,133 | +60.9% |
| Taxes, remuneration and social security | 45 | €1,333 | €7,301 | +€5,968 | +447.6% |
| Taxes | 450/3 | €1,333 | €7,301 | +€5,968 | +447.6% |
| Other amounts payable | 47/48 | €21,909 | €26,032 | +€4,123 | +18.8% |
| Turnover | 70 | - | €65,735 | +€65,735 | |
| Goods, raw materials, services and sundry goods | 60/61 | €29,100 | €47,226 | +€18,126 | +62.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,370 | €12,419 | +€1,049 | +9.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,618 | +€1,618 | |
| Other operating charges | 640/8 | €2,857 | €3,854 | +€997 | +34.9% |
| Gross operating margin | 9900 | €22,316 | €18,508 | -€3,808 | -17.1% |
| Operating profit (loss) | 9901 | €8,089 | €617 | -€7,472 | -92.4% |
| Financial charges | 65/66B | €2,683 | €2,449 | -€234 | -8.7% |
| Recurring financial charges | 65 | €2,683 | €2,449 | -€234 | -8.7% |
| Profit (loss) for the period before taxes | 9903 | €5,406 | -€1,832 | -€7,238 | |
| Profit (loss) for the period | 9904 | €5,406 | -€1,832 | -€7,238 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,406 | -€1,832 | -€7,238 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.