VELLE IGNACE: 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.
VELLE IGNACE
Largest movements
- Receivables within one year +€16,928
up €16,928 (+42.8%), from €39,510 to €56,437
of which Trade receivables: +€18,502
- Tangible fixed assets +€6,044
up €6,044 (+146%), from €4,150 to €10,194
of which Furniture and vehicles: +€5,058
- Stocks and contracts -€2,150
down €2,150 (-16.2%), from €13,252 to €11,102
- Short-term financial debts +€11,908
up €11,908 (+188%), from €6,321 to €18,229
- Profit (loss) carried forward +€9,026
up €9,026 (+60.2%), from -€14,998 to -€5,972
- Gross operating margin +€4,193
up €4,193 (+45.9%), from €9,126 to €13,319
- Depreciation +€1,507
up €1,507 (+227%), from €664 to €2,171
- Financial charges +€335
up €335 (+24.2%), from €1,388 to €1,724
- Financial income +€186
up €186 (+49.6%), from €375 to €561
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €57,339 | €77,762 | +€20,423 | +35.6% |
| Fixed assets | 21/28 | €4,150 | €10,194 | +€6,044 | +146% |
| Tangible fixed assets | 22/27 | €4,150 | €10,194 | +€6,044 | +146% |
| Land and buildings | 22 | €4,150 | €5,136 | +€986 | +23.8% |
| Furniture and vehicles | 24 | - | €5,058 | +€5,058 | |
| Current assets | 29/58 | €53,189 | €67,568 | +€14,379 | +27.0% |
| Stocks and contracts in progress | 3 | €13,252 | €11,102 | -€2,150 | -16.2% |
| Stocks | 30/36 | €13,252 | €11,102 | -€2,150 | -16.2% |
| Amounts receivable within one year | 40/41 | €39,510 | €56,437 | +€16,928 | +42.8% |
| Trade receivables | 40 | €35,213 | €53,715 | +€18,502 | +52.5% |
| Other amounts receivable | 41 | €4,297 | €2,722 | -€1,574 | -36.6% |
| Cash at bank and in hand | 54/58 | €427 | €28 | -€399 | -93.3% |
| Total equity and liabilities | 10/49 | €57,339 | €77,762 | +€20,423 | +35.6% |
| Equity | 10/15 | €46,072 | €55,099 | +€9,026 | +19.6% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €42,479 | €42,479 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €40,619 | €40,619 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,998 | -€5,972 | +€9,026 | +60.2% |
| Amounts payable | 17/49 | €11,266 | €22,663 | +€11,397 | +101% |
| Amounts payable within one year | 42/48 | €11,266 | €22,663 | +€11,397 | +101% |
| Financial debts | 43 | €6,321 | €18,229 | +€11,908 | +188% |
| Credit institutions | 430/8 | €6,321 | €18,229 | +€11,908 | +188% |
| Other amounts payable | 47/48 | €4,945 | €4,434 | -€511 | -10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €664 | €2,171 | +€1,507 | +227% |
| Other operating charges | 640/8 | €850 | €959 | +€109 | +12.8% |
| Gross operating margin | 9900 | €9,126 | €13,319 | +€4,193 | +45.9% |
| Operating profit (loss) | 9901 | €7,612 | €10,189 | +€2,577 | +33.9% |
| Financial income | 75/76B | €375 | €561 | +€186 | +49.6% |
| Recurring financial income | 75 | €375 | €561 | +€186 | +49.6% |
| Financial charges | 65/66B | €1,388 | €1,724 | +€335 | +24.2% |
| Recurring financial charges | 65 | €1,388 | €1,724 | +€335 | +24.2% |
| Profit (loss) for the period before taxes | 9903 | €6,599 | €9,026 | +€2,427 | +36.8% |
| Profit (loss) for the period | 9904 | €6,599 | €9,026 | +€2,427 | +36.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,599 | €9,026 | +€2,427 | +36.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.