VEGIWISE: 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.
VEGIWISE
Largest movements
- Cash -€11,782
down €11,782 (-99.2%), from €11,877 to €95
mainly Investment in fixed assets (net) (-€11,927) and Trade debts (-€3,141)
- Intangible fixed assets +€8,485
up €8,485 (+35.2%), from €24,103 to €32,588
- Receivables within one year +€2,059
up €2,059 (+3959.6%), from €52 to €2,111
of which Trade receivables: +€1,750
- Other debts +€6,281
up €6,281 (+36.8%), from €17,091 to €23,372
- Trade debts -€3,141
no longer reported in 2025 (was €3,141)
- Profit (loss) carried forward -€3,056
down €3,056 (-135.9%), from -€2,248 to -€5,304
- Investment grants -€1,172
down €1,172 (-11.1%), from €10,548 to €9,376
- Depreciation +€2,255
up €2,255 (+217.5%), from €1,037 to €3,292
- Gross operating margin +€1,434
up €1,434, from -€1,212 to €222
- Financial income +€13
up €13 (+1300.0%), from €1 to €14
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 | €36,032 | €34,944 | -€1,088 | -3.0% |
| Fixed assets | 21/28 | €24,103 | €32,738 | +€8,635 | +35.8% |
| Intangible fixed assets | 21 | €24,103 | €32,588 | +€8,485 | +35.2% |
| Financial fixed assets | 28 | - | €150 | +€150 | |
| Current assets | 29/58 | €11,929 | €2,206 | -€9,723 | -81.5% |
| Amounts receivable within one year | 40/41 | €52 | €2,111 | +€2,059 | +3959.6% |
| Trade receivables | 40 | - | €1,750 | +€1,750 | |
| Other amounts receivable | 41 | €52 | €361 | +€309 | +594.2% |
| Cash at bank and in hand | 54/58 | €11,877 | €95 | -€11,782 | -99.2% |
| Total equity and liabilities | 10/49 | €36,032 | €34,944 | -€1,088 | -3.0% |
| Equity | 10/15 | €15,800 | €11,572 | -€4,228 | -26.8% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,248 | -€5,304 | -€3,056 | -135.9% |
| Investment grants | 15 | €10,548 | €9,376 | -€1,172 | -11.1% |
| Amounts payable | 17/49 | €20,232 | €23,372 | +€3,140 | +15.5% |
| Amounts payable within one year | 42/48 | €20,232 | €23,372 | +€3,140 | +15.5% |
| Trade debts | 44 | €3,141 | - | -€3,141 | |
| Suppliers | 440/4 | €3,141 | - | -€3,141 | |
| Other amounts payable | 47/48 | €17,091 | €23,372 | +€6,281 | +36.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,037 | €3,292 | +€2,255 | +217.5% |
| Gross operating margin | 9900 | -€1,212 | €222 | +€1,434 | |
| Operating profit (loss) | 9901 | -€2,249 | -€3,070 | -€821 | -36.5% |
| Financial income | 75/76B | €1 | €14 | +€13 | +1300.0% |
| Recurring financial income | 75 | €1 | €14 | +€13 | +1300.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,248 | -€3,056 | -€808 | -35.9% |
| Profit (loss) for the period | 9904 | -€2,248 | -€3,056 | -€808 | -35.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,248 | -€3,056 | -€808 | -35.9% |
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.