VEKI CONCEPT: 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.
VEKI CONCEPT
Largest movements
- Cash +€47,626
up €47,626 (+135.9%), from €35,047 to €82,673
mainly Net result for the year (+€42,498) and Depreciation (+€13,051)
- Tangible fixed assets -€13,051
down €13,051 (-51.1%), from €25,532 to €12,482
of which Furniture and vehicles: -€11,125
- Receivables within one year -€3,170
down €3,170 (-12.0%), from €26,373 to €23,203
of which Trade receivables: -€8,751
- Profit (loss) carried forward +€42,498
new in 2025: €42,498
- Other debts -€9,994
down €9,994 (-43.9%), from €22,760 to €12,766
- Tax, wage and social debts -€1,478
down €1,478 (-9.6%), from €15,467 to €13,989
of which Taxes: -€3,553
- Gross operating margin -€10,589
down €10,589 (-13.4%), from €79,301 to €68,713
- Taxes -€6,918
down €6,918 (-37.7%), from €18,337 to €11,419
- Other operating charges +€1,074
up €1,074 (+277.3%), from €387 to €1,461
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 | €88,221 | €119,623 | +€31,402 | +35.6% |
| Fixed assets | 21/28 | €25,532 | €12,482 | -€13,051 | -51.1% |
| Tangible fixed assets | 22/27 | €25,532 | €12,482 | -€13,051 | -51.1% |
| Furniture and vehicles | 24 | €20,742 | €9,618 | -€11,125 | -53.6% |
| Other tangible fixed assets | 26 | €4,790 | €2,864 | -€1,926 | -40.2% |
| Current assets | 29/58 | €62,688 | €107,141 | +€44,453 | +70.9% |
| Amounts receivable within one year | 40/41 | €26,373 | €23,203 | -€3,170 | -12.0% |
| Trade receivables | 40 | €26,373 | €17,622 | -€8,751 | -33.2% |
| Other amounts receivable | 41 | - | €5,581 | +€5,581 | |
| Cash at bank and in hand | 54/58 | €35,047 | €82,673 | +€47,626 | +135.9% |
| Deferred charges and accrued income | 490/1 | €1,268 | €1,265 | -€3 | -0.3% |
| Total equity and liabilities | 10/49 | €88,221 | €119,623 | +€31,402 | +35.6% |
| Equity | 10/15 | €49,982 | €92,481 | +€42,498 | +85.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €46,982 | €46,982 | = | 0.0% |
| Distributable reserves | 133 | €46,982 | €46,982 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €42,498 | +€42,498 | |
| Amounts payable | 17/49 | €38,238 | €27,142 | -€11,096 | -29.0% |
| Amounts payable within one year | 42/48 | €38,238 | €27,142 | -€11,096 | -29.0% |
| Financial debts | 43 | - | €22 | +€22 | |
| Credit institutions | 430/8 | - | €22 | +€22 | |
| Trade debts | 44 | €11 | €366 | +€355 | +3187.9% |
| Suppliers | 440/4 | €11 | €366 | +€355 | +3187.9% |
| Taxes, remuneration and social security | 45 | €15,467 | €13,989 | -€1,478 | -9.6% |
| Taxes | 450/3 | €15,467 | €11,914 | -€3,553 | -23.0% |
| Remuneration and social security | 454/9 | - | €2,075 | +€2,075 | |
| Other amounts payable | 47/48 | €22,760 | €12,766 | -€9,994 | -43.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,145 | €13,051 | -€94 | -0.7% |
| Other operating charges | 640/8 | €387 | €1,461 | +€1,074 | +277.3% |
| Gross operating margin | 9900 | €79,301 | €68,713 | -€10,589 | -13.4% |
| Operating profit (loss) | 9901 | €65,769 | €54,201 | -€11,568 | -17.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €449 | €284 | -€166 | -36.9% |
| Recurring financial charges | 65 | €449 | €284 | -€166 | -36.9% |
| Profit (loss) for the period before taxes | 9903 | €65,320 | €53,917 | -€11,402 | -17.5% |
| Income taxes | 67/77 | €18,337 | €11,419 | -€6,918 | -37.7% |
| Profit (loss) for the period | 9904 | €46,982 | €42,498 | -€4,484 | -9.5% |
| Profit (loss) for the period to be appropriated | 9905 | €46,982 | €42,498 | -€4,484 | -9.5% |
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 12 October 2026 via checked.be.