VELOSHOP: 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.
VELOSHOP
Largest movements
- Stocks and contracts -€239,125
down €239,125 (-51.0%), from €468,512 to €229,387
- Deferred charges and accrued income -€22,208
down €22,208 (-100%), from €22,208 to €0
- Receivables within one year -€8,283
down €8,283 (-2.7%), from €311,375 to €303,092
of which Trade receivables: -€44,945
- Profit (loss) carried forward -€245,899
down €245,899 (-97.3%), from €252,641 to €6,741
- Other debts -€26,000
down €26,000 (-15.0%), from €173,839 to €147,839
- Gross operating margin -€241,605
down €241,605, from €132,785 to -€108,820
- Staff costs +€6,058
up €6,058 (+5.3%), from €115,207 to €121,266
- Other operating charges +€4,080
up €4,080 (+2,720%), from €150 to €4,230
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 | €817,261 | €549,686 | -€267,574 | -32.7% |
| Fixed assets | 21/28 | €4,202 | €2,268 | -€1,933 | -46.0% |
| Tangible fixed assets | 22/27 | €4,202 | €2,268 | -€1,933 | -46.0% |
| Furniture and vehicles | 24 | €4,202 | €2,268 | -€1,933 | -46.0% |
| Current assets | 29/58 | €813,059 | €547,418 | -€265,641 | -32.7% |
| Stocks and contracts in progress | 3 | €468,512 | €229,387 | -€239,125 | -51.0% |
| Stocks | 30/36 | €468,512 | €229,387 | -€239,125 | -51.0% |
| Amounts receivable within one year | 40/41 | €311,375 | €303,092 | -€8,283 | -2.7% |
| Trade receivables | 40 | €64,633 | €19,688 | -€44,945 | -69.5% |
| Other amounts receivable | 41 | €246,742 | €283,404 | +€36,662 | +14.9% |
| Cash at bank and in hand | 54/58 | €10,964 | €14,939 | +€3,975 | +36.3% |
| Deferred charges and accrued income | 490/1 | €22,208 | €0 | -€22,208 | -100% |
| Total equity and liabilities | 10/49 | €817,261 | €549,686 | -€267,574 | -32.7% |
| Equity | 10/15 | €403,547 | €157,648 | -€245,899 | -60.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €144,706 | €144,706 | = | 0.0% |
| Distributable reserves | 133 | €144,706 | €144,706 | = | 0.0% |
| Profit (loss) carried forward | 14 | €252,641 | €6,741 | -€245,899 | -97.3% |
| Amounts payable | 17/49 | €413,714 | €392,038 | -€21,675 | -5.2% |
| Amounts payable within one year | 42/48 | €413,714 | €392,038 | -€21,675 | -5.2% |
| Financial debts | 43 | €58,278 | €65,420 | +€7,143 | +12.3% |
| Credit institutions | 430/8 | €58,278 | €65,420 | +€7,143 | +12.3% |
| Trade debts | 44 | €153,438 | €156,740 | +€3,302 | +2.2% |
| Suppliers | 440/4 | €153,438 | €156,740 | +€3,302 | +2.2% |
| Taxes, remuneration and social security | 45 | €28,159 | €22,039 | -€6,119 | -21.7% |
| Taxes | 450/3 | €28,159 | €20,742 | -€7,416 | -26.3% |
| Remuneration and social security | 454/9 | - | €1,297 | +€1,297 | |
| Other amounts payable | 47/48 | €173,839 | €147,839 | -€26,000 | -15.0% |
| Non-recurring operating income | 76A | - | €158 | +€158 | |
| Remuneration, social security and pensions | 62 | €115,207 | €121,266 | +€6,058 | +5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,933 | €1,933 | = | 0.0% |
| Other operating charges | 640/8 | €150 | €4,230 | +€4,080 | +2,720% |
| Gross operating margin | 9900 | €132,785 | -€108,820 | -€241,605 | |
| Operating profit (loss) | 9901 | €15,494 | -€236,249 | -€251,743 | |
| Financial charges | 65/66B | €9,153 | €8,599 | -€554 | -6.0% |
| Recurring financial charges | 65 | €9,153 | €8,599 | -€554 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €6,341 | -€244,848 | -€251,190 | |
| Income taxes | 67/77 | €2,148 | €1,051 | -€1,097 | -51.1% |
| Profit (loss) for the period | 9904 | €4,193 | -€245,899 | -€250,092 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,193 | -€245,899 | -€250,092 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.