Velauberge: 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.
Velauberge
Largest movements
- Tangible fixed assets -€1,993
down €1,993 (-1.2%), from €161,312 to €159,319
- Debts after one year -€9,688
down €9,688 (-6.4%), from €150,280 to €140,592
- Other debts +€3,112
up €3,112 (+9.6%), from €32,331 to €35,443
- Profit (loss) carried forward +€2,347
up €2,347 (+2.4%), from -€99,214 to -€96,867
- Tax, wage and social debts +€2,022
up €2,022 (+15.0%), from €13,513 to €15,536
- Gross operating margin +€9,405
up €9,405 (+87.1%), from €10,797 to €20,202
- Depreciation +€710
up €710 (+8.5%), from €8,384 to €9,094
- Financial charges -€351
down €351 (-5.1%), from €6,948 to €6,597
- Other operating charges -€328
down €328 (-45.5%), from €721 to €393
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 | €162,306 | €159,505 | -€2,801 | -1.7% |
| Fixed assets | 21/28 | €161,312 | €159,319 | -€1,993 | -1.2% |
| Tangible fixed assets | 22/27 | €161,312 | €159,319 | -€1,993 | -1.2% |
| Land and buildings | 22 | €161,312 | €159,319 | -€1,993 | -1.2% |
| Current assets | 29/58 | €994 | €186 | -€808 | -81.3% |
| Amounts receivable within one year | 40/41 | €745 | - | -€745 | |
| Trade receivables | 40 | €745 | - | -€745 | |
| Cash at bank and in hand | 54/58 | €248 | €155 | -€94 | -37.7% |
| Deferred charges and accrued income | 490/1 | - | €31 | +€31 | |
| Total equity and liabilities | 10/49 | €162,306 | €159,505 | -€2,801 | -1.7% |
| Equity | 10/15 | -€46,909 | -€44,562 | +€2,347 | +5.0% |
| Contributions | 10/11 | €26,153 | €26,153 | = | 0.0% |
| Reserves | 13 | €26,153 | €26,153 | = | 0.0% |
| Distributable reserves | 133 | €26,153 | €26,153 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€99,214 | -€96,867 | +€2,347 | +2.4% |
| Amounts payable | 17/49 | €209,214 | €204,066 | -€5,148 | -2.5% |
| Amounts payable after more than one year | 17 | €150,280 | €140,592 | -€9,688 | -6.4% |
| Financial debts | 170/4 | €150,280 | €140,592 | -€9,688 | -6.4% |
| Amounts payable within one year | 42/48 | €58,935 | €63,475 | +€4,540 | +7.7% |
| Current portion of amounts payable after more than one year | 42 | €10,066 | €10,478 | +€413 | +4.1% |
| Trade debts | 44 | €3,025 | €2,018 | -€1,007 | -33.3% |
| Suppliers | 440/4 | €3,025 | €2,018 | -€1,007 | -33.3% |
| Taxes, remuneration and social security | 45 | €13,513 | €15,536 | +€2,022 | +15.0% |
| Taxes | 450/3 | €13,513 | €15,536 | +€2,022 | +15.0% |
| Other amounts payable | 47/48 | €32,331 | €35,443 | +€3,112 | +9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,384 | €9,094 | +€710 | +8.5% |
| Other operating charges | 640/8 | €721 | €393 | -€328 | -45.5% |
| Non-recurring operating charges | 66A | €1,410 | €1,770 | +€360 | +25.5% |
| Gross operating margin | 9900 | €10,797 | €20,202 | +€9,405 | +87.1% |
| Operating profit (loss) | 9901 | €282 | €8,945 | +€8,663 | +3,077% |
| Financial charges | 65/66B | €6,948 | €6,597 | -€351 | -5.1% |
| Recurring financial charges | 65 | €6,948 | €6,597 | -€351 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,667 | €2,347 | +€9,014 | |
| Profit (loss) for the period | 9904 | -€6,667 | €2,347 | +€9,014 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,667 | €2,347 | +€9,014 |
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 24 October 2026 via checked.be.