VELLA CONCEPT SPRL: 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.
VELLA CONCEPT SPRL
Largest movements
- Receivables within one year -€31,723
down €31,723 (-39.7%), from €79,879 to €48,156
of which Trade receivables: -€26,701
- Cash -€27,027
down €27,027 (-95.6%), from €28,270 to €1,243
mainly Net result for the year (-€37,609) and Other debts (-€15,185)
- Profit (loss) carried forward -€37,609
down €37,609 (-1,473%), from -€2,553 to -€40,163
- Other debts -€15,185
down €15,185 (-29.2%), from €52,084 to €36,898
- Trade debts -€12,363
down €12,363 (-56.2%), from €21,979 to €9,616
- Accrued charges and deferred income +€6,900
up €6,900 (+43.1%), from €16,000 to €22,900
- Tax, wage and social debts -€1,310
no longer reported in 2025 (was €1,310)
- Gross operating margin -€86,906
down €86,906, from €38,438 to -€48,468
- Financial income +€11,015
up €11,015 (+547%), from €2,013 to €13,027
- Financial charges +€497
up €497 (+104%), from €477 to €974
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 | €109,279 | €49,712 | -€59,567 | -54.5% |
| Fixed assets | 21/28 | €933 | €313 | -€620 | -66.4% |
| Tangible fixed assets | 22/27 | €933 | €313 | -€620 | -66.4% |
| Plant, machinery and equipment | 23 | €684 | €172 | -€513 | -74.9% |
| Furniture and vehicles | 24 | €249 | €142 | -€107 | -43.1% |
| Current assets | 29/58 | €108,346 | €49,398 | -€58,947 | -54.4% |
| Amounts receivable within one year | 40/41 | €79,879 | €48,156 | -€31,723 | -39.7% |
| Trade receivables | 40 | €44,888 | €18,187 | -€26,701 | -59.5% |
| Other amounts receivable | 41 | €34,991 | €29,969 | -€5,022 | -14.4% |
| Cash at bank and in hand | 54/58 | €28,270 | €1,243 | -€27,027 | -95.6% |
| Deferred charges and accrued income | 490/1 | €197 | - | -€197 | |
| Total equity and liabilities | 10/49 | €109,279 | €49,712 | -€59,567 | -54.5% |
| Equity | 10/15 | €17,907 | -€19,703 | -€37,609 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,553 | -€40,163 | -€37,609 | -1,473% |
| Amounts payable | 17/49 | €91,372 | €69,414 | -€21,958 | -24.0% |
| Amounts payable within one year | 42/48 | €75,372 | €46,514 | -€28,858 | -38.3% |
| Trade debts | 44 | €21,979 | €9,616 | -€12,363 | -56.2% |
| Suppliers | 440/4 | €21,979 | €9,616 | -€12,363 | -56.2% |
| Taxes, remuneration and social security | 45 | €1,310 | - | -€1,310 | |
| Taxes | 450/3 | €1,310 | - | -€1,310 | |
| Other amounts payable | 47/48 | €52,084 | €36,898 | -€15,185 | -29.2% |
| Accrued charges and deferred income | 492/3 | €16,000 | €22,900 | +€6,900 | +43.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €828 | €620 | -€208 | -25.1% |
| Other operating charges | 640/8 | €635 | €575 | -€60 | -9.5% |
| Non-recurring operating charges | 66A | €249 | - | -€249 | |
| Gross operating margin | 9900 | €38,438 | -€48,468 | -€86,906 | |
| Operating profit (loss) | 9901 | €36,727 | -€49,662 | -€86,389 | |
| Financial income | 75/76B | €2,013 | €13,027 | +€11,015 | +547% |
| Recurring financial income | 75 | €2,013 | €13,027 | +€11,015 | +547% |
| Financial charges | 65/66B | €477 | €974 | +€497 | +104% |
| Recurring financial charges | 65 | €477 | €974 | +€497 | +104% |
| Profit (loss) for the period before taxes | 9903 | €38,263 | -€37,609 | -€75,872 | |
| Income taxes | 67/77 | €0 | €0 | -€0 | -50.0% |
| Profit (loss) for the period | 9904 | €38,263 | -€37,609 | -€75,872 | |
| Profit (loss) for the period to be appropriated | 9905 | €38,263 | -€37,609 | -€75,872 |
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 24 October 2026 via checked.be.