VELDHOVE: 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.
VELDHOVE
Largest movements
- Receivables within one year -€31,326
down €31,326 (-100%), from €31,326 to €0
- Deferred charges and accrued income -€29,408
down €29,408 (-100%), from €29,408 to €0
- Other debts -€28,936
down €28,936 (-9.3%), from €312,163 to €283,226
- Debts after one year -€19,444
down €19,444 (-100%), from €19,444 to €0
- Current portion of long-term debt -€19,444
down €19,444 (-50.0%), from €38,889 to €19,444
- Profit (loss) carried forward +€5,539
up €5,539 (+20.1%), from -€27,581 to -€22,042
- Other operating charges -€5,757
down €5,757 (-48.7%), from €11,825 to €6,068
- Gross operating margin -€3,593
down €3,593 (-21.7%), from €16,571 to €12,978
- Financial charges -€877
down €877 (-39.0%), from €2,248 to €1,371
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 | €363,297 | €301,183 | -€62,115 | -17.1% |
| Fixed assets | 21/28 | €296,184 | €296,184 | = | 0.0% |
| Tangible fixed assets | 22/27 | €296,184 | €296,184 | = | 0.0% |
| Land and buildings | 22 | €296,184 | €296,184 | = | 0.0% |
| Current assets | 29/58 | €67,113 | €4,999 | -€62,115 | -92.6% |
| Amounts receivable within one year | 40/41 | €31,326 | €0 | -€31,326 | -100% |
| Other amounts receivable | 41 | €31,326 | €0 | -€31,326 | -100% |
| Cash at bank and in hand | 54/58 | €6,379 | €4,999 | -€1,381 | -21.6% |
| Deferred charges and accrued income | 490/1 | €29,408 | €0 | -€29,408 | -100% |
| Total equity and liabilities | 10/49 | €363,297 | €301,183 | -€62,115 | -17.1% |
| Equity | 10/15 | -€7,581 | -€2,042 | +€5,539 | +73.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,581 | -€22,042 | +€5,539 | +20.1% |
| Amounts payable | 17/49 | €370,879 | €303,225 | -€67,654 | -18.2% |
| Amounts payable after more than one year | 17 | €19,444 | €0 | -€19,444 | -100% |
| Financial debts | 170/4 | €19,444 | €0 | -€19,444 | -100% |
| Amounts payable within one year | 42/48 | €351,434 | €303,225 | -€48,209 | -13.7% |
| Current portion of amounts payable after more than one year | 42 | €38,889 | €19,444 | -€19,444 | -50.0% |
| Trade debts | 44 | €383 | €554 | +€171 | +44.7% |
| Suppliers | 440/4 | €383 | €554 | +€171 | +44.7% |
| Other amounts payable | 47/48 | €312,163 | €283,226 | -€28,936 | -9.3% |
| Other operating charges | 640/8 | €11,825 | €6,068 | -€5,757 | -48.7% |
| Gross operating margin | 9900 | €16,571 | €12,978 | -€3,593 | -21.7% |
| Operating profit (loss) | 9901 | €4,745 | €6,910 | +€2,164 | +45.6% |
| Financial charges | 65/66B | €2,248 | €1,371 | -€877 | -39.0% |
| Recurring financial charges | 65 | €2,248 | €1,371 | -€877 | -39.0% |
| Profit (loss) for the period before taxes | 9903 | €2,497 | €5,539 | +€3,042 | +122% |
| Profit (loss) for the period | 9904 | €2,497 | €5,539 | +€3,042 | +122% |
| Profit (loss) for the period to be appropriated | 9905 | €2,497 | €5,539 | +€3,042 | +122% |
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 29 October 2026 via checked.be.