Velito: 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.
Velito
Largest movements
- Tangible fixed assets -€12,988
down €12,988 (-4.4%), from €297,364 to €284,376
- Cash +€7,515
up €7,515 (+84.7%), from €8,870 to €16,385
mainly Net result for the year (+€34,966) and Depreciation (+€12,988)
- Receivables within one year +€7,331
up €7,331 (+38910.9%), from €19 to €7,350
of which Trade receivables: +€7,350
- Profit (loss) carried forward +€34,966
up €34,966 (+93.4%), from -€37,451 to -€2,485
- Debts after one year -€28,407
down €28,407 (-9.8%), from €290,910 to €262,503
of which Financial debts: -€28,407
- Depreciation -€34,658
down €34,658 (-72.7%), from €47,647 to €12,988
- Gross operating margin +€32,453
up €32,453 (+117.9%), from €27,532 to €59,985
- Financial charges -€6,022
down €6,022 (-35.1%), from €17,161 to €11,139
- Financial income -€693
down €693 (-100.0%), from €693 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.
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 | €308,255 | €313,922 | +€5,668 | +1.8% |
| Fixed assets | 21/28 | €297,364 | €284,376 | -€12,988 | -4.4% |
| Tangible fixed assets | 22/27 | €297,364 | €284,376 | -€12,988 | -4.4% |
| Land and buildings | 22 | €297,364 | €284,376 | -€12,988 | -4.4% |
| Current assets | 29/58 | €10,890 | €29,547 | +€18,656 | +171.3% |
| Stocks and contracts in progress | 3 | - | €2,693 | +€2,693 | |
| Stocks | 30/36 | - | €1,423 | +€1,423 | |
| Contracts in progress | 37 | - | €1,270 | +€1,270 | |
| Amounts receivable within one year | 40/41 | €19 | €7,350 | +€7,331 | +38910.9% |
| Trade receivables | 40 | - | €7,350 | +€7,350 | |
| Other amounts receivable | 41 | €19 | €0 | -€19 | -100.0% |
| Cash at bank and in hand | 54/58 | €8,870 | €16,385 | +€7,515 | +84.7% |
| Deferred charges and accrued income | 490/1 | €2,001 | €3,118 | +€1,117 | +55.8% |
| Total equity and liabilities | 10/49 | €308,255 | €313,922 | +€5,668 | +1.8% |
| Equity | 10/15 | -€27,451 | €7,515 | +€34,966 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€37,451 | -€2,485 | +€34,966 | +93.4% |
| Amounts payable | 17/49 | €335,705 | €306,407 | -€29,298 | -8.7% |
| Amounts payable after more than one year | 17 | €290,910 | €262,503 | -€28,407 | -9.8% |
| Financial debts | 170/4 | €190,910 | €162,503 | -€28,407 | -14.9% |
| Other amounts payable | 178/9 | €100,000 | €100,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €44,795 | €42,273 | -€2,522 | -5.6% |
| Current portion of amounts payable after more than one year | 42 | €27,888 | €28,407 | +€520 | +1.9% |
| Trade debts | 44 | €1,749 | €438 | -€1,312 | -75.0% |
| Suppliers | 440/4 | €1,749 | €438 | -€1,312 | -75.0% |
| Taxes, remuneration and social security | 45 | €4,514 | €3,429 | -€1,085 | -24.0% |
| Taxes | 450/3 | €4,514 | €3,429 | -€1,085 | -24.0% |
| Other amounts payable | 47/48 | €10,645 | €10,000 | -€645 | -6.1% |
| Accrued charges and deferred income | 492/3 | - | €1,631 | +€1,631 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47,647 | €12,988 | -€34,658 | -72.7% |
| Other operating charges | 640/8 | €692 | €719 | +€27 | +3.9% |
| Gross operating margin | 9900 | €27,532 | €59,985 | +€32,453 | +117.9% |
| Operating profit (loss) | 9901 | -€20,806 | €46,278 | +€67,084 | |
| Financial income | 75/76B | €693 | €0 | -€693 | -100.0% |
| Recurring financial income | 75 | €693 | €0 | -€693 | -100.0% |
| Financial charges | 65/66B | €17,161 | €11,139 | -€6,022 | -35.1% |
| Recurring financial charges | 65 | €17,161 | €11,139 | -€6,022 | -35.1% |
| Profit (loss) for the period before taxes | 9903 | -€37,274 | €35,139 | +€72,413 | |
| Income taxes | 67/77 | €176 | €172 | -€4 | -2.2% |
| Profit (loss) for the period | 9904 | -€37,451 | €34,966 | +€72,417 | |
| Profit (loss) for the period to be appropriated | 9905 | -€37,451 | €34,966 | +€72,417 |
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 5 October 2026 via checked.be.