VeldemasHRPC: 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.
VeldemasHRPC
Largest movements
- Cash -€3,806
down €3,806 (-12.3%), from €30,921 to €27,115
mainly Tax, wage and social debts (-€4,900) and Receivables within one year (-€3,656)
- Receivables within one year +€3,656
up €3,656 (+24.4%), from €14,992 to €18,648
of which Other amounts receivable: +€10,647
- Tax, wage and social debts -€4,900
down €4,900 (-41.3%), from €11,868 to €6,968
- Trade debts +€3,035
up €3,035 (+179.1%), from €1,695 to €4,730
- Reserves +€2,244
up €2,244 (+7.1%), from €31,792 to €34,036
- Other debts -€649
down €649 (-100.0%), from €649 to €0
- Gross operating margin -€23,937
down €23,937 (-82.4%), from €29,059 to €5,122
- Taxes -€4,529
down €4,529 (-82.3%), from €5,505 to €976
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 | €47,003 | €46,734 | -€269 | -0.6% |
| Fixed assets | 21/28 | €521 | €205 | -€316 | -60.7% |
| Tangible fixed assets | 22/27 | €521 | €205 | -€316 | -60.7% |
| Plant, machinery and equipment | 23 | €521 | €205 | -€316 | -60.7% |
| Current assets | 29/58 | €46,482 | €46,529 | +€47 | +0.1% |
| Amounts receivable within one year | 40/41 | €14,992 | €18,648 | +€3,656 | +24.4% |
| Trade receivables | 40 | €14,992 | €8,001 | -€6,991 | -46.6% |
| Other amounts receivable | 41 | - | €10,647 | +€10,647 | |
| Cash at bank and in hand | 54/58 | €30,921 | €27,115 | -€3,806 | -12.3% |
| Deferred charges and accrued income | 490/1 | €569 | €766 | +€197 | +34.7% |
| Total equity and liabilities | 10/49 | €47,003 | €46,734 | -€269 | -0.6% |
| Equity | 10/15 | €32,792 | €35,036 | +€2,244 | +6.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €31,792 | €34,036 | +€2,244 | +7.1% |
| Distributable reserves | 133 | €31,792 | €34,036 | +€2,244 | +7.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €14,211 | €11,698 | -€2,513 | -17.7% |
| Amounts payable within one year | 42/48 | €14,211 | €11,698 | -€2,513 | -17.7% |
| Trade debts | 44 | €1,695 | €4,730 | +€3,035 | +179.1% |
| Suppliers | 440/4 | €1,695 | €4,730 | +€3,035 | +179.1% |
| Taxes, remuneration and social security | 45 | €11,868 | €6,968 | -€4,900 | -41.3% |
| Taxes | 450/3 | €11,868 | €6,968 | -€4,900 | -41.3% |
| Other amounts payable | 47/48 | €649 | €0 | -€649 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €316 | €316 | +€1 | +0.3% |
| Other operating charges | 640/8 | €153 | €46 | -€107 | -69.9% |
| Gross operating margin | 9900 | €29,059 | €5,122 | -€23,937 | -82.4% |
| Operating profit (loss) | 9901 | €28,591 | €4,760 | -€23,831 | -83.4% |
| Financial income | 75/76B | - | €171 | +€171 | |
| Recurring financial income | 75 | - | €171 | +€171 | |
| Financial charges | 65/66B | €1,966 | €1,711 | -€256 | -13.0% |
| Recurring financial charges | 65 | €1,966 | €1,711 | -€256 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €26,624 | €3,220 | -€23,404 | -87.9% |
| Income taxes | 67/77 | €5,505 | €976 | -€4,529 | -82.3% |
| Profit (loss) for the period | 9904 | €21,120 | €2,244 | -€18,876 | -89.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,120 | €2,244 | -€18,876 | -89.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.