VELO CITY: 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.
VELO CITY
Largest movements
- Cash -€1,456
down €1,456 (-86.4%), from €1,685 to €229
mainly Net result for the year (-€4,712) and Receivables within one year (-€604)
- Receivables within one year +€604
up €604 (+26.0%), from €2,324 to €2,927
of which Other amounts receivable: +€1,339
- Profit (loss) carried forward -€4,712
down €4,712 (-14.4%), from -€32,803 to -€37,514
- Other debts +€3,135
up €3,135 (+9.8%), from €31,911 to €35,046
- Trade debts +€724
up €724 (+80.4%), from €900 to €1,624
- Gross operating margin -€1,605
down €1,605 (-52.6%), from -€3,055 to -€4,660
- Financial charges -€67
down €67 (-42.8%), from €157 to €90
- Financial income -€63
down €63 (-62.0%), from €102 to €39
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 | €4,009 | €3,156 | -€853 | -21.3% |
| Current assets | 29/58 | €4,009 | €3,156 | -€853 | -21.3% |
| Amounts receivable within one year | 40/41 | €2,324 | €2,927 | +€604 | +26.0% |
| Trade receivables | 40 | €1,552 | €817 | -€736 | -47.4% |
| Other amounts receivable | 41 | €771 | €2,111 | +€1,339 | +174% |
| Cash at bank and in hand | 54/58 | €1,685 | €229 | -€1,456 | -86.4% |
| Total equity and liabilities | 10/49 | €4,009 | €3,156 | -€853 | -21.3% |
| Equity | 10/15 | -€28,803 | -€33,514 | -€4,712 | -16.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€32,803 | -€37,514 | -€4,712 | -14.4% |
| Amounts payable | 17/49 | €32,811 | €36,670 | +€3,859 | +11.8% |
| Amounts payable within one year | 42/48 | €32,811 | €36,670 | +€3,859 | +11.8% |
| Trade debts | 44 | €900 | €1,624 | +€724 | +80.4% |
| Suppliers | 440/4 | €900 | €1,624 | +€724 | +80.4% |
| Other amounts payable | 47/48 | €31,911 | €35,046 | +€3,135 | +9.8% |
| Gross operating margin | 9900 | -€3,055 | -€4,660 | -€1,605 | -52.6% |
| Operating profit (loss) | 9901 | -€3,055 | -€4,660 | -€1,605 | -52.6% |
| Financial income | 75/76B | €102 | €39 | -€63 | -62.0% |
| Recurring financial income | 75 | €102 | €39 | -€63 | -62.0% |
| Financial charges | 65/66B | €157 | €90 | -€67 | -42.8% |
| Recurring financial charges | 65 | €157 | €90 | -€67 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,111 | -€4,712 | -€1,601 | -51.5% |
| Profit (loss) for the period | 9904 | -€3,111 | -€4,712 | -€1,601 | -51.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,111 | -€4,712 | -€1,601 | -51.5% |
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.