VELDIT: 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.
VELDIT
Largest movements
- Current investments +€100,000
new in 2025: €100,000
- Cash +€18,383
up €18,383 (+11.8%), from €155,211 to €173,594
mainly Net result for the year (+€90,678) and Receivables within one year (+€18,376)
- Receivables within one year -€18,376
down €18,376 (-49.9%), from €36,822 to €18,446
of which Trade receivables: -€19,047
- Tangible fixed assets -€10,512
down €10,512 (-26.1%), from €40,276 to €29,764
of which Furniture and vehicles: -€10,205
- Reserves +€90,678
up €90,678 (+59.6%), from €152,178 to €242,856
- Debts after one year -€10,321
down €10,321 (-45.0%), from €22,916 to €12,595
- Tax, wage and social debts +€9,604
up €9,604 (+20.7%), from €46,352 to €55,956
- Gross operating margin -€3,940
down €3,940 (-3.0%), from €132,221 to €128,282
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 | €233,390 | €323,951 | +€90,561 | +38.8% |
| Fixed assets | 21/28 | €40,276 | €29,764 | -€10,512 | -26.1% |
| Tangible fixed assets | 22/27 | €40,276 | €29,764 | -€10,512 | -26.1% |
| Plant, machinery and equipment | 23 | €952 | €645 | -€307 | -32.2% |
| Furniture and vehicles | 24 | €39,323 | €29,118 | -€10,205 | -26.0% |
| Current assets | 29/58 | €193,115 | €294,188 | +€101,073 | +52.3% |
| Amounts receivable within one year | 40/41 | €36,822 | €18,446 | -€18,376 | -49.9% |
| Trade receivables | 40 | €36,822 | €17,775 | -€19,047 | -51.7% |
| Other amounts receivable | 41 | - | €671 | +€671 | |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €155,211 | €173,594 | +€18,383 | +11.8% |
| Deferred charges and accrued income | 490/1 | €1,082 | €2,147 | +€1,066 | +98.5% |
| Total equity and liabilities | 10/49 | €233,390 | €323,951 | +€90,561 | +38.8% |
| Equity | 10/15 | €152,678 | €243,356 | +€90,678 | +59.4% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €152,178 | €242,856 | +€90,678 | +59.6% |
| Distributable reserves | 133 | €152,178 | €242,856 | +€90,678 | +59.6% |
| Amounts payable | 17/49 | €80,713 | €80,596 | -€117 | -0.1% |
| Amounts payable after more than one year | 17 | €22,916 | €12,595 | -€10,321 | -45.0% |
| Financial debts | 170/4 | €22,916 | €12,595 | -€10,321 | -45.0% |
| Amounts payable within one year | 42/48 | €57,797 | €68,000 | +€10,204 | +17.7% |
| Current portion of amounts payable after more than one year | 42 | €9,902 | €10,321 | +€419 | +4.2% |
| Trade debts | 44 | €1,016 | €1,723 | +€707 | +69.6% |
| Suppliers | 440/4 | €1,016 | €1,723 | +€707 | +69.6% |
| Taxes, remuneration and social security | 45 | €46,352 | €55,956 | +€9,604 | +20.7% |
| Taxes | 450/3 | €46,352 | €55,956 | +€9,604 | +20.7% |
| Other amounts payable | 47/48 | €527 | - | -€527 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,568 | €12,809 | +€240 | +1.9% |
| Other operating charges | 640/8 | €141 | €610 | +€470 | +334% |
| Gross operating margin | 9900 | €132,221 | €128,282 | -€3,940 | -3.0% |
| Operating profit (loss) | 9901 | €119,512 | €114,863 | -€4,649 | -3.9% |
| Financial income | 75/76B | €0 | €1,026 | +€1,026 | +3,420,300% |
| Recurring financial income | 75 | €0 | €1,026 | +€1,026 | +3,420,300% |
| Financial charges | 65/66B | €1,771 | €1,368 | -€403 | -22.7% |
| Recurring financial charges | 65 | €1,771 | €1,368 | -€403 | -22.7% |
| Profit (loss) for the period before taxes | 9903 | €117,741 | €114,520 | -€3,221 | -2.7% |
| Income taxes | 67/77 | €25,134 | €23,842 | -€1,291 | -5.1% |
| Profit (loss) for the period | 9904 | €92,607 | €90,678 | -€1,929 | -2.1% |
| Profit (loss) for the period to be appropriated | 9905 | €92,607 | €90,678 | -€1,929 | -2.1% |
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 27 October 2026 via checked.be.