VEKAMP: 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.
VEKAMP
Largest movements
- Tangible fixed assets -€12,684
down €12,684 (-15.6%), from €81,107 to €68,423
of which Land and buildings: -€8,792
- Receivables within one year -€10,365
down €10,365 (-58.5%), from €17,704 to €7,338
of which Trade receivables: -€10,601
- Cash -€3,277
down €3,277 (-11.5%), from €28,615 to €25,338
mainly Net result for the year (-€17,464) and Trade debts (-€7,985)
- Profit (loss) carried forward -€17,464
down €17,464 (-268%), from -€6,526 to -€23,991
- Trade debts -€7,985
down €7,985 (-79.8%), from €10,003 to €2,018
- Other debts -€1,924
down €1,924 (-3.7%), from €52,684 to €50,760
- Gross operating margin -€13,197
down €13,197 (-88.2%), from €14,970 to €1,773
- Other operating charges +€602
up €602 (+4.2%), from €14,252 to €14,854
- Depreciation +€462
up €462 (+12.1%), from €3,821 to €4,283
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 | €131,161 | €103,827 | -€27,334 | -20.8% |
| Fixed assets | 21/28 | €81,242 | €68,558 | -€12,684 | -15.6% |
| Tangible fixed assets | 22/27 | €81,107 | €68,423 | -€12,684 | -15.6% |
| Land and buildings | 22 | €68,143 | €59,351 | -€8,792 | -12.9% |
| Plant, machinery and equipment | 23 | €10,376 | €7,112 | -€3,264 | -31.5% |
| Furniture and vehicles | 24 | €2,588 | €1,960 | -€628 | -24.3% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €49,919 | €35,269 | -€14,650 | -29.3% |
| Stocks and contracts in progress | 3 | €1,288 | €1,288 | = | 0.0% |
| Stocks | 30/36 | €1,288 | €1,288 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €17,704 | €7,338 | -€10,365 | -58.5% |
| Trade receivables | 40 | €15,743 | €5,143 | -€10,601 | -67.3% |
| Other amounts receivable | 41 | €1,960 | €2,196 | +€236 | +12.0% |
| Cash at bank and in hand | 54/58 | €28,615 | €25,338 | -€3,277 | -11.5% |
| Deferred charges and accrued income | 490/1 | €2,312 | €1,305 | -€1,007 | -43.6% |
| Total equity and liabilities | 10/49 | €131,161 | €103,827 | -€27,334 | -20.8% |
| Equity | 10/15 | €48,474 | €31,009 | -€17,464 | -36.0% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,526 | -€23,991 | -€17,464 | -268% |
| Provisions and deferred taxes | 16 | €20,000 | €20,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €20,000 | €20,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable | 17/49 | €62,687 | €52,818 | -€9,869 | -15.7% |
| Amounts payable within one year | 42/48 | €62,687 | €52,818 | -€9,869 | -15.7% |
| Trade debts | 44 | €10,003 | €2,018 | -€7,985 | -79.8% |
| Suppliers | 440/4 | €10,003 | €2,018 | -€7,985 | -79.8% |
| Taxes, remuneration and social security | 45 | - | €40 | +€40 | |
| Taxes | 450/3 | - | €40 | +€40 | |
| Other amounts payable | 47/48 | €52,684 | €50,760 | -€1,924 | -3.7% |
| Non-recurring operating income | 76A | - | €50 | +€50 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,821 | €4,283 | +€462 | +12.1% |
| Other operating charges | 640/8 | €14,252 | €14,854 | +€602 | +4.2% |
| Gross operating margin | 9900 | €14,970 | €1,773 | -€13,197 | -88.2% |
| Operating profit (loss) | 9901 | -€3,104 | -€17,364 | -€14,260 | -459% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €113 | €101 | -€13 | -11.3% |
| Recurring financial charges | 65 | €113 | €101 | -€13 | -11.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,217 | -€17,464 | -€14,247 | -443% |
| Profit (loss) for the period | 9904 | -€3,217 | -€17,464 | -€14,247 | -443% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,217 | -€17,464 | -€14,247 | -443% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.