VELAYA: what changed
Two fiscal 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.
VELAYA
Largest movements
- Receivables within one year -€19,720
down €19,720 (-100.0%), from €19,720 to €0
of which Trade receivables: -€16,881
- Deferred charges and accrued income -€14,300
down €14,300 (-49.7%), from €28,799 to €14,498
- Tangible fixed assets +€8,243
up €8,243 (+3.5%), from €237,663 to €245,906
of which Furniture and vehicles: +€12,529
- Other debts -€39,517
down €39,517 (-45.7%), from €86,487 to €46,970
- Reserves +€36,035
up €36,035 (+642.9%), from €5,605 to €41,640
- Debts after one year -€25,221
down €25,221 (-16.3%), from €154,998 to €129,778
- Trade debts -€15,429
down €15,429 (-40.9%), from €37,683 to €22,254
- Tax, wage and social debts +€13,433
up €13,433 (+3118.6%), from €431 to €13,864
- Gross operating margin +€64,408
up €64,408 (+192.6%), from €33,448 to €97,856
- Depreciation +€20,123
up €20,123 (+161.6%), from €12,456 to €32,579
- Financial charges +€9,136
up €9,136 (+115.9%), from €7,884 to €17,020
- Taxes +€6,924
up €6,924 (+974.2%), from €711 to €7,634
- Other operating charges -€2,089
down €2,089 (-30.3%), from €6,888 to €4,799
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 | €303,820 | €276,488 | -€27,332 | -9.0% |
| Formation expenses | 20 | €179 | - | -€179 | |
| Fixed assets | 21/28 | €245,160 | €253,403 | +€8,243 | +3.4% |
| Tangible fixed assets | 22/27 | €237,663 | €245,906 | +€8,243 | +3.5% |
| Plant, machinery and equipment | 23 | €25,560 | €21,351 | -€4,209 | -16.5% |
| Furniture and vehicles | 24 | €16,433 | €28,962 | +€12,529 | +76.2% |
| Other tangible fixed assets | 26 | €195,671 | €195,593 | -€78 | 0.0% |
| Financial fixed assets | 28 | €7,497 | €7,497 | = | 0.0% |
| Current assets | 29/58 | €58,481 | €23,085 | -€35,396 | -60.5% |
| Amounts receivable within one year | 40/41 | €19,720 | €0 | -€19,720 | -100.0% |
| Trade receivables | 40 | €16,881 | - | -€16,881 | |
| Other amounts receivable | 41 | €2,840 | €0 | -€2,840 | -100.0% |
| Cash at bank and in hand | 54/58 | €9,962 | €8,587 | -€1,376 | -13.8% |
| Deferred charges and accrued income | 490/1 | €28,799 | €14,498 | -€14,300 | -49.7% |
| Total equity and liabilities | 10/49 | €303,820 | €276,488 | -€27,332 | -9.0% |
| Equity | 10/15 | €8,605 | €44,640 | +€36,035 | +418.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Outside capital | 11 | €3,000 | €3,000 | = | 0.0% |
| Other | 1109/19 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €5,605 | €41,640 | +€36,035 | +642.9% |
| Distributable reserves | 133 | €5,605 | €41,640 | +€36,035 | +642.9% |
| Amounts payable | 17/49 | €295,215 | €231,848 | -€63,367 | -21.5% |
| Amounts payable after more than one year | 17 | €154,998 | €129,778 | -€25,221 | -16.3% |
| Financial debts | 170/4 | €154,998 | €129,778 | -€25,221 | -16.3% |
| Amounts payable within one year | 42/48 | €140,217 | €102,070 | -€38,147 | -27.2% |
| Current portion of amounts payable after more than one year | 42 | €15,616 | €18,982 | +€3,366 | +21.6% |
| Trade debts | 44 | €37,683 | €22,254 | -€15,429 | -40.9% |
| Suppliers | 440/4 | €37,683 | €22,254 | -€15,429 | -40.9% |
| Taxes, remuneration and social security | 45 | €431 | €13,864 | +€13,433 | +3118.6% |
| Taxes | 450/3 | €431 | €13,864 | +€13,433 | +3118.6% |
| Other amounts payable | 47/48 | €86,487 | €46,970 | -€39,517 | -45.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,456 | €32,579 | +€20,123 | +161.6% |
| Other operating charges | 640/8 | €6,888 | €4,799 | -€2,089 | -30.3% |
| Gross operating margin | 9900 | €33,448 | €97,856 | +€64,408 | +192.6% |
| Operating profit (loss) | 9901 | €14,103 | €60,478 | +€46,374 | +328.8% |
| Financial income | 75/76B | €97 | €211 | +€114 | +117.5% |
| Recurring financial income | 75 | €97 | €211 | +€114 | +117.5% |
| Financial charges | 65/66B | €7,884 | €17,020 | +€9,136 | +115.9% |
| Recurring financial charges | 65 | €7,884 | €17,020 | +€9,136 | +115.9% |
| Profit (loss) for the period before taxes | 9903 | €6,316 | €43,669 | +€37,353 | +591.4% |
| Income taxes | 67/77 | €711 | €7,634 | +€6,924 | +974.2% |
| Profit (loss) for the period | 9904 | €5,605 | €36,035 | +€30,429 | +542.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,605 | €36,035 | +€30,429 | +542.9% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.