VEHECO: 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.
VEHECO
Largest movements
- Receivables within one year +€18,074
up €18,074 (+42.5%), from €42,528 to €60,603
of which Other amounts receivable: +€27,444
- Tangible fixed assets -€10,864
down €10,864 (-2.8%), from €384,706 to €373,842
of which Land and buildings: -€8,790
- Other debts +€33,375
up €33,375 (+16.2%), from €206,599 to €239,974
- Debts after one year -€15,254
down €15,254 (-5.7%), from €265,678 to €250,424
- Tax, wage and social debts -€5,502
down €5,502 (-44.5%), from €12,370 to €6,868
- Profit (loss) carried forward -€5,299
down €5,299 (-34.3%), from -€15,471 to -€20,770
- Gross operating margin -€10,629
down €10,629 (-33.6%), from €31,647 to €21,018
- Other operating charges +€4,123
up €4,123 (+3585.6%), from €115 to €4,238
- Financial charges -€411
down €411 (-3.5%), from €11,747 to €11,337
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 | €510,416 | €519,047 | +€8,632 | +1.7% |
| Fixed assets | 21/28 | €465,682 | €454,818 | -€10,864 | -2.3% |
| Tangible fixed assets | 22/27 | €384,706 | €373,842 | -€10,864 | -2.8% |
| Land and buildings | 22 | €366,726 | €357,937 | -€8,790 | -2.4% |
| Plant, machinery and equipment | 23 | €1,331 | €1,177 | -€155 | -11.6% |
| Furniture and vehicles | 24 | €16,648 | €14,729 | -€1,919 | -11.5% |
| Financial fixed assets | 28 | €80,976 | €80,976 | = | 0.0% |
| Current assets | 29/58 | €44,734 | €64,229 | +€19,495 | +43.6% |
| Amounts receivable within one year | 40/41 | €42,528 | €60,603 | +€18,074 | +42.5% |
| Trade receivables | 40 | €23,889 | €14,520 | -€9,369 | -39.2% |
| Other amounts receivable | 41 | €18,639 | €46,083 | +€27,444 | +147.2% |
| Cash at bank and in hand | 54/58 | €1,645 | €3,235 | +€1,590 | +96.7% |
| Deferred charges and accrued income | 490/1 | €561 | €391 | -€169 | -30.2% |
| Total equity and liabilities | 10/49 | €510,416 | €519,047 | +€8,632 | +1.7% |
| Equity | 10/15 | €8,283 | €2,984 | -€5,299 | -64.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,154 | €5,154 | = | 0.0% |
| Distributable reserves | 133 | €5,154 | €5,154 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,471 | -€20,770 | -€5,299 | -34.3% |
| Amounts payable | 17/49 | €502,133 | €516,064 | +€13,931 | +2.8% |
| Amounts payable after more than one year | 17 | €265,678 | €250,424 | -€15,254 | -5.7% |
| Financial debts | 170/4 | €265,678 | €250,424 | -€15,254 | -5.7% |
| Amounts payable within one year | 42/48 | €235,179 | €264,236 | +€29,057 | +12.4% |
| Current portion of amounts payable after more than one year | 42 | €15,254 | €15,254 | = | 0.0% |
| Trade debts | 44 | €956 | €2,140 | +€1,184 | +123.8% |
| Suppliers | 440/4 | €956 | €2,140 | +€1,184 | +123.8% |
| Taxes, remuneration and social security | 45 | €12,370 | €6,868 | -€5,502 | -44.5% |
| Taxes | 450/3 | €12,370 | €6,868 | -€5,502 | -44.5% |
| Other amounts payable | 47/48 | €206,599 | €239,974 | +€33,375 | +16.2% |
| Accrued charges and deferred income | 492/3 | €1,276 | €1,404 | +€128 | +10.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,864 | €10,864 | = | 0.0% |
| Other operating charges | 640/8 | €115 | €4,238 | +€4,123 | +3585.6% |
| Gross operating margin | 9900 | €31,647 | €21,018 | -€10,629 | -33.6% |
| Operating profit (loss) | 9901 | €20,668 | €5,915 | -€14,753 | -71.4% |
| Financial income | 75/76B | €213 | €122 | -€90 | -42.5% |
| Recurring financial income | 75 | €213 | €122 | -€90 | -42.5% |
| Financial charges | 65/66B | €11,747 | €11,337 | -€411 | -3.5% |
| Recurring financial charges | 65 | €11,747 | €11,337 | -€411 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €9,134 | -€5,299 | -€14,433 | |
| Profit (loss) for the period | 9904 | €9,134 | -€5,299 | -€14,433 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,134 | -€5,299 | -€14,433 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.