Veldritvrienden: 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.
Veldritvrienden
Largest movements
- Cash +€1.2m
up €1.2m (+3,014%), from €39,532 to €1.2m
mainly Current investments (+€1.1m) and Other debts (+€899,243)
- Current investments -€1.1m
down €1.1m (-100%), from €1.1m to €0
- Receivables within one year +€98,717
up €98,717 (+43.9%), from €224,940 to €323,657
of which Other amounts receivable: +€86,053
- Other debts +€899,243
new in 2025: €899,243
- Reserves -€796,519
down €796,519 (-70.9%), from €1.1m to €327,098
- Trade debts +€120,558
up €120,558 (+33.1%), from €363,824 to €484,382
- Gross operating margin -€573,682
down €573,682 (-80.7%), from €710,958 to €137,276
- Taxes -€135,655
down €135,655 (-78.0%), from €173,827 to €38,172
- Depreciation -€27,680
down €27,680 (-100%), from €27,680 to €0
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 | €1,540,272 | €1,751,265 | +€210,992 | +13.7% |
| Fixed assets | 21/28 | €195,800 | €195,800 | = | 0.0% |
| Tangible fixed assets | 22/27 | €195,000 | €195,000 | = | 0.0% |
| Land and buildings | 22 | €195,000 | €195,000 | = | 0.0% |
| Financial fixed assets | 28 | €800 | €800 | = | 0.0% |
| Current assets | 29/58 | €1,344,472 | €1,555,465 | +€210,992 | +15.7% |
| Amounts receivable within one year | 40/41 | €224,940 | €323,657 | +€98,717 | +43.9% |
| Trade receivables | 40 | €180,000 | €192,664 | +€12,664 | +7.0% |
| Other amounts receivable | 41 | €44,940 | €130,994 | +€86,053 | +191% |
| Current investments | 50/53 | €1,080,000 | €0 | -€1.1m | -100% |
| Cash at bank and in hand | 54/58 | €39,532 | €1,230,970 | +€1.2m | +3,014% |
| Deferred charges and accrued income | 490/1 | - | €837 | +€837 | |
| Total equity and liabilities | 10/49 | €1,540,272 | €1,751,265 | +€210,992 | +13.7% |
| Equity | 10/15 | €1,128,617 | €332,098 | -€796,519 | -70.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | - | -€5,000 | |
| Other | 1109/19 | €5,000 | - | -€5,000 | |
| Reserves | 13 | €1,123,617 | €327,098 | -€796,519 | -70.9% |
| Distributable reserves | 133 | €1,123,617 | €327,098 | -€796,519 | -70.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €411,655 | €1,419,167 | +€1.0m | +245% |
| Amounts payable within one year | 42/48 | €411,655 | €1,419,167 | +€1.0m | +245% |
| Trade debts | 44 | €363,824 | €484,382 | +€120,558 | +33.1% |
| Suppliers | 440/4 | €363,824 | €484,382 | +€120,558 | +33.1% |
| Taxes, remuneration and social security | 45 | €47,831 | €35,542 | -€12,289 | -25.7% |
| Taxes | 450/3 | €47,831 | €35,542 | -€12,289 | -25.7% |
| Other amounts payable | 47/48 | - | €899,243 | +€899,243 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,680 | €0 | -€27,680 | -100% |
| Other operating charges | 640/8 | €553 | €3,621 | +€3,068 | +555% |
| Gross operating margin | 9900 | €710,958 | €137,276 | -€573,682 | -80.7% |
| Operating profit (loss) | 9901 | €682,726 | €133,655 | -€549,071 | -80.4% |
| Financial income | 75/76B | €3,320 | €8,772 | +€5,452 | +164% |
| Recurring financial income | 75 | €3,320 | €8,772 | +€5,452 | +164% |
| Financial charges | 65/66B | €122 | €1,531 | +€1,410 | +1,160% |
| Recurring financial charges | 65 | €122 | €1,531 | +€1,410 | +1,160% |
| Profit (loss) for the period before taxes | 9903 | €685,924 | €140,895 | -€545,029 | -79.5% |
| Income taxes | 67/77 | €173,827 | €38,172 | -€135,655 | -78.0% |
| Profit (loss) for the period | 9904 | €512,097 | €102,724 | -€409,374 | -79.9% |
| Profit (loss) for the period to be appropriated | 9905 | €512,097 | €102,724 | -€409,374 | -79.9% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.