VEOLIS: 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.
VEOLIS
Largest movements
- Receivables within one year +€39,730
up €39,730 (+268.1%), from €14,817 to €54,547
of which Trade receivables: +€39,730
- Tangible fixed assets +€12,182
up €12,182 (+85.7%), from €14,215 to €26,397
of which Furniture and vehicles: +€12,927
- Advances received +€26,337
new in 2025: €26,337
- Profit (loss) carried forward +€24,855
up €24,855 (+66.8%), from -€37,197 to -€12,343
- Other debts +€2,476
up €2,476 (+12.6%), from €19,709 to €22,185
- Trade debts -€1,807
down €1,807 (-7.5%), from €24,009 to €22,202
of which Bills of exchange payable: -€3,086
- Gross operating margin +€21,052
up €21,052 (+172.2%), from €12,228 to €33,280
- Depreciation +€3,192
up €3,192 (+132.9%), from €2,401 to €5,592
- Other operating charges -€1,445
down €1,445 (-43.7%), from €3,310 to €1,865
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.
Cash bridge derived
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 | €33,479 | €84,907 | +€51,428 | +153.6% |
| Fixed assets | 21/28 | €14,834 | €26,897 | +€12,063 | +81.3% |
| Intangible fixed assets | 21 | €119 | - | -€119 | |
| Tangible fixed assets | 22/27 | €14,215 | €26,397 | +€12,182 | +85.7% |
| Land and buildings | 22 | €12,171 | €11,687 | -€484 | -4.0% |
| Plant, machinery and equipment | 23 | €975 | €714 | -€261 | -26.7% |
| Furniture and vehicles | 24 | €1,069 | €13,996 | +€12,927 | +1209.3% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €18,645 | €58,010 | +€39,365 | +211.1% |
| Amounts receivable within one year | 40/41 | €14,817 | €54,547 | +€39,730 | +268.1% |
| Trade receivables | 40 | €14,787 | €54,517 | +€39,730 | +268.7% |
| Other amounts receivable | 41 | €30 | €30 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,809 | €3,135 | +€326 | +11.6% |
| Deferred charges and accrued income | 490/1 | €1,019 | €328 | -€691 | -67.8% |
| Total equity and liabilities | 10/49 | €33,479 | €84,907 | +€51,428 | +153.6% |
| Equity | 10/15 | -€20,103 | €4,751 | +€24,855 | |
| Contributions | 10/11 | €16,668 | €17,094 | +€426 | +2.6% |
| Capital | 10 | €16,668 | - | -€16,668 | |
| Issued capital | 100 | €20,000 | - | -€20,000 | |
| Uncalled capital | 101 | €3,332 | - | -€3,332 | |
| Reserves | 13 | €426 | - | -€426 | |
| Non-distributable reserves | 130/1 | €426 | - | -€426 | |
| Legal reserve | 130 | €426 | - | -€426 | |
| Profit (loss) carried forward | 14 | -€37,197 | -€12,343 | +€24,855 | +66.8% |
| Amounts payable | 17/49 | €53,582 | €80,156 | +€26,574 | +49.6% |
| Amounts payable within one year | 42/48 | €53,582 | €80,156 | +€26,574 | +49.6% |
| Financial debts | 43 | €4,721 | €4,721 | = | 0.0% |
| Credit institutions | 430/8 | €4,721 | €4,721 | = | 0.0% |
| Trade debts | 44 | €24,009 | €22,202 | -€1,807 | -7.5% |
| Suppliers | 440/4 | €20,674 | €21,954 | +€1,280 | +6.2% |
| Bills of exchange payable | 441 | €3,334 | €248 | -€3,086 | -92.6% |
| Advances received on contracts in progress | 46 | - | €26,337 | +€26,337 | |
| Taxes, remuneration and social security | 45 | €5,144 | €4,712 | -€432 | -8.4% |
| Taxes | 450/3 | €5,022 | €4,590 | -€432 | -8.6% |
| Remuneration and social security | 454/9 | €121 | €121 | = | 0.0% |
| Other amounts payable | 47/48 | €19,709 | €22,185 | +€2,476 | +12.6% |
| Non-recurring operating income | 76A | €278 | - | -€278 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,401 | €5,592 | +€3,192 | +132.9% |
| Other operating charges | 640/8 | €3,310 | €1,865 | -€1,445 | -43.7% |
| Gross operating margin | 9900 | €12,228 | €33,280 | +€21,052 | +172.2% |
| Operating profit (loss) | 9901 | €6,517 | €25,823 | +€19,306 | +296.2% |
| Financial income | 75/76B | €21 | €50 | +€29 | +141.2% |
| Recurring financial income | 75 | €21 | €50 | +€29 | +141.2% |
| Financial charges | 65/66B | €990 | €1,018 | +€28 | +2.8% |
| Recurring financial charges | 65 | €990 | €1,018 | +€28 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €5,548 | €24,855 | +€19,307 | +348.0% |
| Profit (loss) for the period | 9904 | €5,548 | €24,855 | +€19,307 | +348.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,548 | €24,855 | +€19,307 | +348.0% |
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 10 October 2026 via checked.be.