VELART: 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.
VELART
Largest movements
- Receivables within one year -€19,810
no longer reported in 2025 (was €19,810)
of which Other amounts receivable: -€19,700
- Cash -€953
down €953 (-31.9%), from €2,988 to €2,036
mainly Other debts (-€19,269) and Trade debts (-€3,113)
- Other debts -€19,269
down €19,269 (-56.7%), from €33,975 to €14,706
- Profit (loss) carried forward +€3,213
up €3,213 (+9.3%), from -€34,484 to -€31,271
- Trade debts -€3,113
no longer reported in 2025 (was €3,113)
- Tax, wage and social debts -€1,594
no longer reported in 2025 (was €1,594)
- Gross operating margin -€6,363
down €6,363 (-65.3%), from €9,740 to €3,377
- Financial income -€539
no longer reported in 2025 (was €539)
- Other operating charges -€149
no longer reported in 2025 (was €149)
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 | €22,798 | €2,036 | -€20,763 | -91.1% |
| Current assets | 29/58 | €22,798 | €2,036 | -€20,763 | -91.1% |
| Amounts receivable within one year | 40/41 | €19,810 | - | -€19,810 | |
| Trade receivables | 40 | €110 | - | -€110 | |
| Other amounts receivable | 41 | €19,700 | - | -€19,700 | |
| Cash at bank and in hand | 54/58 | €2,988 | €2,036 | -€953 | -31.9% |
| Total equity and liabilities | 10/49 | €22,798 | €2,036 | -€20,763 | -91.1% |
| Equity | 10/15 | -€15,884 | -€12,671 | +€3,213 | +20.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,484 | -€31,271 | +€3,213 | +9.3% |
| Amounts payable | 17/49 | €38,682 | €14,706 | -€23,976 | -62.0% |
| Amounts payable within one year | 42/48 | €38,682 | €14,706 | -€23,976 | -62.0% |
| Trade debts | 44 | €3,113 | - | -€3,113 | |
| Suppliers | 440/4 | €3,113 | - | -€3,113 | |
| Taxes, remuneration and social security | 45 | €1,594 | - | -€1,594 | |
| Taxes | 450/3 | €1,594 | - | -€1,594 | |
| Other amounts payable | 47/48 | €33,975 | €14,706 | -€19,269 | -56.7% |
| Other operating charges | 640/8 | €149 | - | -€149 | |
| Gross operating margin | 9900 | €9,740 | €3,377 | -€6,363 | -65.3% |
| Operating profit (loss) | 9901 | €9,591 | €3,377 | -€6,214 | -64.8% |
| Financial income | 75/76B | €539 | - | -€539 | |
| Recurring financial income | 75 | €539 | - | -€539 | |
| Financial charges | 65/66B | €237 | €164 | -€73 | -30.9% |
| Recurring financial charges | 65 | €237 | €164 | -€73 | -30.9% |
| Profit (loss) for the period before taxes | 9903 | €9,893 | €3,213 | -€6,680 | -67.5% |
| Profit (loss) for the period | 9904 | €9,893 | €3,213 | -€6,680 | -67.5% |
| Profit (loss) for the period to be appropriated | 9905 | €9,893 | €3,213 | -€6,680 | -67.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.