Veloso Concept: 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.
Veloso Concept
Largest movements
- Receivables within one year +€17,648
up €17,648 (+50.6%), from €34,881 to €52,529
of which Trade receivables: +€12,407
- Cash -€3,632
down €3,632 (-93.4%), from €3,889 to €257
mainly Receivables within one year (-€17,648)
- Formation expenses -€2,000
no longer reported in 2024 (was €2,000)
- Trade debts +€8,743
up €8,743 (+34.3%), from €25,509 to €34,253
- Profit (loss) carried forward +€3,273
up €3,273 (+26.7%), from €12,261 to €15,534
- Gross operating margin -€4,875
down €4,875 (-36.2%), from €13,466 to €8,590
- Taxes +€2,989
new in 2024: €2,989
- Depreciation +€2,000
new in 2024: €2,000
- Other operating charges -€1,015
no longer reported in 2024 (was €1,015)
- Staff costs +€145
new in 2024: €145
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 | €40,770 | €52,786 | +€12,016 | +29.5% |
| Formation expenses | 20 | €2,000 | - | -€2,000 | |
| Fixed assets | 21/28 | - | €0 | = | |
| Intangible fixed assets | 21 | - | €0 | = | |
| Current assets | 29/58 | €38,770 | €52,786 | +€14,016 | +36.2% |
| Amounts receivable within one year | 40/41 | €34,881 | €52,529 | +€17,648 | +50.6% |
| Trade receivables | 40 | €20,065 | €32,472 | +€12,407 | +61.8% |
| Other amounts receivable | 41 | €14,816 | €20,057 | +€5,241 | +35.4% |
| Cash at bank and in hand | 54/58 | €3,889 | €257 | -€3,632 | -93.4% |
| Total equity and liabilities | 10/49 | €40,770 | €52,786 | +€12,016 | +29.5% |
| Equity | 10/15 | €15,261 | €18,534 | +€3,273 | +21.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | - | €3,000 | +€3,000 | |
| Issued capital | 100 | - | €3,000 | +€3,000 | |
| Profit (loss) carried forward | 14 | €12,261 | €15,534 | +€3,273 | +26.7% |
| Amounts payable | 17/49 | €25,509 | €34,253 | +€8,743 | +34.3% |
| Amounts payable within one year | 42/48 | €25,509 | €34,253 | +€8,743 | +34.3% |
| Trade debts | 44 | €25,509 | €34,253 | +€8,743 | +34.3% |
| Suppliers | 440/4 | €25,509 | €34,253 | +€8,743 | +34.3% |
| Remuneration, social security and pensions | 62 | - | €145 | +€145 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €2,000 | +€2,000 | |
| Other operating charges | 640/8 | €1,015 | - | -€1,015 | |
| Gross operating margin | 9900 | €13,466 | €8,590 | -€4,875 | -36.2% |
| Operating profit (loss) | 9901 | €12,451 | €6,446 | -€6,005 | -48.2% |
| Financial income | 75/76B | €1 | €1 | +€0 | +46.6% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +46.6% |
| Financial charges | 65/66B | €191 | €185 | -€6 | -3.3% |
| Recurring financial charges | 65 | €191 | €185 | -€6 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | €12,261 | €6,262 | -€5,999 | -48.9% |
| Income taxes | 67/77 | - | €2,989 | +€2,989 | |
| Profit (loss) for the period | 9904 | €12,261 | €3,273 | -€8,988 | -73.3% |
| Profit (loss) for the period to be appropriated | 9905 | €12,261 | €3,273 | -€8,988 | -73.3% |
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 30 October 2026 via checked.be.