VELDWERK: 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.
VELDWERK
Largest movements
- Receivables within one year -€24,295
down €24,295 (-43.7%), from €55,542 to €31,247
of which Trade receivables: -€23,791
- Cash -€4,139
down €4,139 (-68.7%), from €6,024 to €1,885
mainly Other debts (-€40,810) and Trade debts (-€15)
- Other debts -€40,810
down €40,810 (-34.2%), from €119,286 to €78,476
- Tax, wage and social debts +€7,549
new in 2025: €7,549
- Profit (loss) carried forward +€4,841
up €4,841 (+7.0%), from -€68,782 to -€63,941
- Gross operating margin -€17,793
down €17,793 (-74.6%), from €23,860 to €6,068
- Other operating charges +€356
up €356 (+45.1%), from €789 to €1,145
- Financial charges -€258
down €258 (-75.9%), from €340 to €82
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 | €61,566 | €33,132 | -€28,434 | -46.2% |
| Current assets | 29/58 | €61,566 | €33,132 | -€28,434 | -46.2% |
| Amounts receivable within one year | 40/41 | €55,542 | €31,247 | -€24,295 | -43.7% |
| Trade receivables | 40 | €43,791 | €20,000 | -€23,791 | -54.3% |
| Other amounts receivable | 41 | €11,751 | €11,247 | -€504 | -4.3% |
| Cash at bank and in hand | 54/58 | €6,024 | €1,885 | -€4,139 | -68.7% |
| Total equity and liabilities | 10/49 | €61,566 | €33,132 | -€28,434 | -46.2% |
| Equity | 10/15 | -€61,809 | -€56,968 | +€4,841 | +7.8% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €673 | €673 | = | 0.0% |
| Non-distributable reserves | 130/1 | €673 | €673 | = | 0.0% |
| Reserves not available under the articles | 1311 | €673 | €673 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,782 | -€63,941 | +€4,841 | +7.0% |
| Amounts payable | 17/49 | €123,375 | €90,100 | -€33,276 | -27.0% |
| Amounts payable within one year | 42/48 | €123,375 | €90,100 | -€33,276 | -27.0% |
| Trade debts | 44 | €4,090 | €4,075 | -€15 | -0.4% |
| Suppliers | 440/4 | €4,090 | €4,075 | -€15 | -0.4% |
| Taxes, remuneration and social security | 45 | - | €7,549 | +€7,549 | |
| Taxes | 450/3 | - | €7,549 | +€7,549 | |
| Other amounts payable | 47/48 | €119,286 | €78,476 | -€40,810 | -34.2% |
| Remuneration, social security and pensions | 62 | -€12 | - | +€12 | |
| Other operating charges | 640/8 | €789 | €1,145 | +€356 | +45.1% |
| Gross operating margin | 9900 | €23,860 | €6,068 | -€17,793 | -74.6% |
| Operating profit (loss) | 9901 | €23,083 | €4,923 | -€18,160 | -78.7% |
| Financial charges | 65/66B | €340 | €82 | -€258 | -75.9% |
| Recurring financial charges | 65 | €340 | €82 | -€258 | -75.9% |
| Profit (loss) for the period before taxes | 9903 | €22,743 | €4,841 | -€17,902 | -78.7% |
| Profit (loss) for the period | 9904 | €22,743 | €4,841 | -€17,902 | -78.7% |
| Profit (loss) for the period to be appropriated | 9905 | €22,743 | €4,841 | -€17,902 | -78.7% |
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 14 October 2026 via checked.be.