Velolino: 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.
Velolino
Largest movements
- Receivables within one year +€35,800
up €35,800 (+43.4%), from €82,541 to €118,341
of which Other amounts receivable: +€32,291
- Cash -€15,469
down €15,469 (-45.7%), from €33,845 to €18,376
mainly Receivables within one year (-€35,800) and Debts after one year (-€35,583)
- Reserves +€66,520
up €66,520 (+27.2%), from €244,697 to €311,217
- Debts after one year -€35,583
down €35,583 (-29.8%), from €119,400 to €83,817
- Tax, wage and social debts -€11,463
down €11,463 (-88.8%), from €12,910 to €1,447
- Financial income -€44,998
down €44,998 (-44.9%), from €100,111 to €55,113
- Gross operating margin +€13,079
up €13,079 (+95.2%), from €13,735 to €26,814
- Financial charges -€748
down €748 (-21.7%), from €3,444 to €2,697
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 | €418,386 | €438,717 | +€20,330 | +4.9% |
| Fixed assets | 21/28 | €302,000 | €302,000 | = | 0.0% |
| Financial fixed assets | 28 | €302,000 | €302,000 | = | 0.0% |
| Current assets | 29/58 | €116,386 | €136,717 | +€20,330 | +17.5% |
| Amounts receivable within one year | 40/41 | €82,541 | €118,341 | +€35,800 | +43.4% |
| Trade receivables | 40 | €2,541 | €6,050 | +€3,509 | +138% |
| Other amounts receivable | 41 | €80,000 | €112,291 | +€32,291 | +40.4% |
| Cash at bank and in hand | 54/58 | €33,845 | €18,376 | -€15,469 | -45.7% |
| Total equity and liabilities | 10/49 | €418,386 | €438,717 | +€20,330 | +4.9% |
| Equity | 10/15 | €250,897 | €317,417 | +€66,520 | +26.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €244,697 | €311,217 | +€66,520 | +27.2% |
| Distributable reserves | 133 | €244,697 | €311,217 | +€66,520 | +27.2% |
| Amounts payable | 17/49 | €167,490 | €121,300 | -€46,189 | -27.6% |
| Amounts payable after more than one year | 17 | €119,400 | €83,817 | -€35,583 | -29.8% |
| Financial debts | 170/4 | €119,400 | €83,817 | -€35,583 | -29.8% |
| Amounts payable within one year | 42/48 | €48,090 | €37,483 | -€10,607 | -22.1% |
| Current portion of amounts payable after more than one year | 42 | €34,731 | €35,583 | +€852 | +2.5% |
| Trade debts | 44 | €99 | €103 | +€4 | +4.4% |
| Suppliers | 440/4 | €99 | €103 | +€4 | +4.4% |
| Taxes, remuneration and social security | 45 | €12,910 | €1,447 | -€11,463 | -88.8% |
| Taxes | 450/3 | €12,910 | €1,447 | -€11,463 | -88.8% |
| Other amounts payable | 47/48 | €350 | €350 | = | 0.0% |
| Gross operating margin | 9900 | €13,735 | €26,814 | +€13,079 | +95.2% |
| Operating profit (loss) | 9901 | €13,735 | €26,814 | +€13,079 | +95.2% |
| Financial income | 75/76B | €100,111 | €55,113 | -€44,998 | -44.9% |
| Recurring financial income | 75 | €100,111 | €55,113 | -€44,998 | -44.9% |
| Financial charges | 65/66B | €3,444 | €2,697 | -€748 | -21.7% |
| Recurring financial charges | 65 | €3,444 | €2,697 | -€748 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | €110,401 | €79,229 | -€31,172 | -28.2% |
| Income taxes | 67/77 | €12,560 | €12,709 | +€149 | +1.2% |
| Profit (loss) for the period | 9904 | €97,841 | €66,520 | -€31,321 | -32.0% |
| Profit (loss) for the period to be appropriated | 9905 | €97,841 | €66,520 | -€31,321 | -32.0% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.