VELTRA BV: 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.
VELTRA BV
Largest movements
- Tangible fixed assets +€1,816
new in 2025: €1,816
- Receivables within one year +€1,734
up €1,734 (+10.9%), from €15,914 to €17,648
of which Other amounts receivable: +€1,296
- Cash -€908
down €908 (-27.5%), from €3,306 to €2,398
mainly Trade debts (-€4,288) and Investment in fixed assets (net) (-€1,867)
- Reserves +€6,083
up €6,083 (+104%), from €5,826 to €11,908
- Trade debts -€4,288
down €4,288 (-70.3%), from €6,098 to €1,810
- Other debts +€1,205
up €1,205 (+61.3%), from €1,967 to €3,172
- Tax, wage and social debts -€531
down €531 (-4.9%), from €10,811 to €10,280
of which Taxes: -€1,109
- Short-term financial debts +€316
new in 2025: €316
- Other operating charges +€1,438
up €1,438 (+444%), from €324 to €1,761
- Taxes -€985
down €985 (-26.0%), from €3,782 to €2,797
- Gross operating margin +€484
up €484 (+4.7%), from €10,270 to €10,754
- Staff costs -€270
down €270 (-100%), from €270 to €0
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 | €24,702 | €27,486 | +€2,784 | +11.3% |
| Fixed assets | 21/28 | - | €1,816 | +€1,816 | |
| Tangible fixed assets | 22/27 | - | €1,816 | +€1,816 | |
| Plant, machinery and equipment | 23 | - | €1,816 | +€1,816 | |
| Current assets | 29/58 | €24,702 | €25,670 | +€968 | +3.9% |
| Amounts receivable within one year | 40/41 | €15,914 | €17,648 | +€1,734 | +10.9% |
| Trade receivables | 40 | €15,736 | €16,175 | +€438 | +2.8% |
| Other amounts receivable | 41 | €177 | €1,473 | +€1,296 | +730% |
| Current investments | 50/53 | €5,482 | €5,488 | +€5 | +0.1% |
| Cash at bank and in hand | 54/58 | €3,306 | €2,398 | -€908 | -27.5% |
| Deferred charges and accrued income | 490/1 | - | €136 | +€136 | |
| Total equity and liabilities | 10/49 | €24,702 | €27,486 | +€2,784 | +11.3% |
| Equity | 10/15 | €5,826 | €11,908 | +€6,083 | +104% |
| Reserves | 13 | €5,826 | €11,908 | +€6,083 | +104% |
| Distributable reserves | 133 | €5,826 | €11,908 | +€6,083 | +104% |
| Amounts payable | 17/49 | €18,876 | €15,578 | -€3,299 | -17.5% |
| Amounts payable within one year | 42/48 | €18,876 | €15,578 | -€3,299 | -17.5% |
| Financial debts | 43 | - | €316 | +€316 | |
| Credit institutions | 430/8 | - | €316 | +€316 | |
| Trade debts | 44 | €6,098 | €1,810 | -€4,288 | -70.3% |
| Suppliers | 440/4 | €6,098 | €1,810 | -€4,288 | -70.3% |
| Taxes, remuneration and social security | 45 | €10,811 | €10,280 | -€531 | -4.9% |
| Taxes | 450/3 | €6,611 | €5,502 | -€1,109 | -16.8% |
| Remuneration and social security | 454/9 | €4,200 | €4,778 | +€578 | +13.8% |
| Other amounts payable | 47/48 | €1,967 | €3,172 | +€1,205 | +61.3% |
| Remuneration, social security and pensions | 62 | €270 | €0 | -€270 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €51 | +€51 | |
| Other operating charges | 640/8 | €324 | €1,761 | +€1,438 | +444% |
| Gross operating margin | 9900 | €10,270 | €10,754 | +€484 | +4.7% |
| Operating profit (loss) | 9901 | €9,676 | €8,942 | -€734 | -7.6% |
| Financial income | 75/76B | €1 | €23 | +€22 | +3,961% |
| Recurring financial income | 75 | €1 | €23 | +€22 | +3,961% |
| Financial charges | 65/66B | €69 | €85 | +€16 | +23.5% |
| Recurring financial charges | 65 | €69 | €85 | +€16 | +23.5% |
| Profit (loss) for the period before taxes | 9903 | €9,607 | €8,880 | -€728 | -7.6% |
| Income taxes | 67/77 | €3,782 | €2,797 | -€985 | -26.0% |
| Profit (loss) for the period | 9904 | €5,826 | €6,083 | +€257 | +4.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,826 | €6,083 | +€257 | +4.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.