VEKINÉO: 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.
VEKINÉO
Largest movements
- Tangible fixed assets -€15,919
down €15,919 (-44.9%), from €35,465 to €19,545
of which Furniture and vehicles: -€11,177
- Receivables within one year +€6,897
new in 2024: €6,897
- Intangible fixed assets -€1,600
down €1,600 (-50.0%), from €3,197 to €1,597
- Profit (loss) carried forward +€14,823
up €14,823 (+76.1%), from €19,470 to €34,293
- Other debts -€14,415
down €14,415 (-48.9%), from €29,456 to €15,040
- Debts after one year -€9,095
down €9,095 (-69.2%), from €13,136 to €4,041
- Trade debts -€2,879
no longer reported in 2024 (was €2,879)
- Tax, wage and social debts +€1,451
up €1,451 (+19.1%), from €7,588 to €9,039
- Gross operating margin +€8,966
up €8,966 (+28.1%), from €31,874 to €40,840
- Taxes +€1,210
up €1,210 (+28.5%), from €4,241 to €5,451
- Depreciation +€813
up €813 (+4.4%), from €18,516 to €19,328
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €86,545 | €76,509 | -€10,036 | -11.6% |
| Fixed assets | 21/28 | €38,662 | €21,143 | -€17,519 | -45.3% |
| Intangible fixed assets | 21 | €3,197 | €1,597 | -€1,600 | -50.0% |
| Tangible fixed assets | 22/27 | €35,465 | €19,545 | -€15,919 | -44.9% |
| Land and buildings | 22 | €9,820 | €8,251 | -€1,570 | -16.0% |
| Plant, machinery and equipment | 23 | €7,427 | €4,255 | -€3,172 | -42.7% |
| Furniture and vehicles | 24 | €18,217 | €7,040 | -€11,177 | -61.4% |
| Current assets | 29/58 | €47,883 | €55,367 | +€7,484 | +15.6% |
| Amounts receivable within one year | 40/41 | - | €6,897 | +€6,897 | |
| Other amounts receivable | 41 | - | €6,897 | +€6,897 | |
| Cash at bank and in hand | 54/58 | €47,793 | €48,340 | +€548 | +1.1% |
| Deferred charges and accrued income | 490/1 | €90 | €130 | +€39 | +43.5% |
| Total equity and liabilities | 10/49 | €86,545 | €76,509 | -€10,036 | -11.6% |
| Equity | 10/15 | €24,470 | €39,293 | +€14,823 | +60.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | - | -€5,000 | |
| Issued capital | 100 | €5,000 | - | -€5,000 | |
| Contributions outside capital | 11 | - | €5,000 | +€5,000 | |
| Share premium | 1100/10 | - | €5,000 | +€5,000 | |
| Profit (loss) carried forward | 14 | €19,470 | €34,293 | +€14,823 | +76.1% |
| Amounts payable | 17/49 | €62,075 | €37,216 | -€24,859 | -40.0% |
| Amounts payable after more than one year | 17 | €13,136 | €4,041 | -€9,095 | -69.2% |
| Financial debts | 170/4 | €13,136 | €4,041 | -€9,095 | -69.2% |
| Amounts payable within one year | 42/48 | €48,939 | €33,175 | -€15,764 | -32.2% |
| Current portion of amounts payable after more than one year | 42 | €9,016 | €9,095 | +€79 | +0.9% |
| Trade debts | 44 | €2,879 | - | -€2,879 | |
| Suppliers | 440/4 | €2,879 | - | -€2,879 | |
| Taxes, remuneration and social security | 45 | €7,588 | €9,039 | +€1,451 | +19.1% |
| Taxes | 450/3 | €7,588 | €9,039 | +€1,451 | +19.1% |
| Other amounts payable | 47/48 | €29,456 | €15,040 | -€14,415 | -48.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,516 | €19,328 | +€813 | +4.4% |
| Other operating charges | 640/8 | €342 | €748 | +€406 | +119% |
| Gross operating margin | 9900 | €31,874 | €40,840 | +€8,966 | +28.1% |
| Operating profit (loss) | 9901 | €13,017 | €20,763 | +€7,746 | +59.5% |
| Financial income | 75/76B | - | €22 | +€22 | |
| Recurring financial income | 75 | - | €22 | +€22 | |
| Financial charges | 65/66B | €183 | €511 | +€327 | +178% |
| Recurring financial charges | 65 | €183 | €511 | +€327 | +178% |
| Profit (loss) for the period before taxes | 9903 | €12,834 | €20,274 | +€7,441 | +58.0% |
| Income taxes | 67/77 | €4,241 | €5,451 | +€1,210 | +28.5% |
| Profit (loss) for the period | 9904 | €8,592 | €14,823 | +€6,231 | +72.5% |
| Profit (loss) for the period to be appropriated | 9905 | €8,592 | €14,823 | +€6,231 | +72.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.